Sale reports / Nebraska / Bassett / 2024-07-10

Bassett

Feeder Cattle · Bassett, Nebraska · Wed, Jul 10
● Final48 lots reportedUSDA AMS · slug 1852
Receipts
8,720 head
▲ 1,925 vs last sale 6,795▲ 1,740 vs year ago 6,980 · +24.9%
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Reporter comment USDA

As filed

Annual Customer Appreciation BBQ Sale, started the day at 8:00 am, Fall calves followed by video auction at noon then onto several loads of yearling offering off local Sandhill Ranches. Steer offerings 550 and 650 lbs sold 5.00 lower, 600 and 700 lbs steers traded steady to 4.00 higher, 900 and 1000 lbs steers traded 2.00 to 4.00 higher. Heifer offerings 550 to 650 lbs traded steady with no comparison for yearling weight offerings. Demand was good all day, with several buyers at the barn and active internet bidding. The weather has warmed up a bit after last weeks rain showers and cloudy days. The grass is green from the meadows to the tops of the Sandhills pastures

Weight classPick one — the panels below update

Steers · summary 500–600 lb

Weighted average of every reported lot
500–600 lb steers averaged $350.23/cwt on 547 head. That ranks 1 of 11 comparable sales and sits −149.46 against this barn's trailing median of $499.69.
Average price
$350.23
547 head · 564 lb average
Value per head Derived
$1,976
Price × average weight ÷ 100
Grade differential Derived
$31
per head · Medium and Large 1 over Medium and Large 1-2
$22.46/cwt at this weight
vs the market
+0.74
vs NE average
+47.32 vs national

Price by quality 500–600 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1556356.841,984386
Medium and Large 1-2584334.381,953161
One grade step is worth $22.46/cwt here — about $31 a head. Across this sale the premium is widest at 500–600 lb. USDA reports each grade on its own line and never publishes the spread.

How it compared 500–600 lb

Same class and week · spot auction only
This sale547 hd
350.23
—
NE average2 barns · 589 hd
349.49
+0.74
National average160 barns · 9,699 hd
302.91
+47.32
This barn, trailing median11 sales
499.69
−149.46
A barn can sit above the state average at one weight and below it at another — check the class you actually sell.

This barn's trailing prices 500–600 lb

11 sales
538497456415median 499.6904/0105/0607/0810/0710/28
Steers 500–600 lb: high $523.82, low $428.50, median $499.69 across 11 sales. Sales under 10 head in this class are excluded, so a thin day cannot swing the median or the ranking.

Every lot

48 lots · USDA AMS · Bassett Livestock Auction - Bassett, NE
Nothing removed and nothing rounded — the same lots as the USDA report, with per-head values added. Grouped by class and set lightest first; USDA files them in sale-ring order.
ClassWeightGrade / descriptionAvg wtPriceRangePer headHead
Feeder Cattle · Steers26 lots · lightest first
Steers400–450Medium and Large 1441399.36/cwt397.50–400.001,76120
Steers450–500Medium and Large 1478391.67/cwt387.50–407.501,87243
Steers450–500Medium and Large 1-2497375.00/cwt375.00–375.001,86415
Steers500–550Medium and Large 1525371.47/cwt358.00–390.001,950125
Steers500–550Medium and Large 1-2534354.72/cwt352.50–360.001,89417
Steers550–600Medium and Large 1564352.86/cwt340.00–368.001,990172
Steers550–600Medium and Large 1NHTC584344.00/cwt344.00–344.002,00989
Steers550–600Medium and Large 1-2590331.98/cwt324.50–337.501,959144
Steers600–650Medium and Large 1617335.58/cwt320.00–352.002,071327
Steers600–650Medium and Large 1NHTC643327.25/cwt327.25–327.252,10488
Steers600–650Medium and Large 1-2643315.86/cwt310.00–319.002,03144
Steers650–700Medium and Large 1671323.54/cwt315.00–335.002,171253
Steers650–700Medium and Large 1-2676305.70/cwt304.00–309.002,06763
Steers700–750Medium and Large 1NHTC709306.75/cwt306.75–306.752,17584
Steers700–750Medium and Large 1-2711282.02/cwt270.00–288.002,005115
Steers700–750Medium and Large 1722296.43/cwt296.00–301.002,140191
Steers750–800Medium and Large 1775286.36/cwt269.00–289.502,219187
Steers800–850Medium and Large 1-2814262.98/cwt259.00–272.502,14134
Steers800–850Medium and Large 1826275.93/cwt272.00–284.002,279386
Steers850–900Medium and Large 1867263.27/cwt257.00–268.502,283157
Steers900–950Medium and Large 1926261.13/cwt254.50–268.002,4181,000
Steers950–1000Medium and Large 1NHTC962262.00/cwt262.00–262.002,52062
Steers950–1000Medium and Large 1976255.91/cwt252.25–259.352,498804
Steers1000–1050Medium and Large 11,015251.62/cwt245.00–256.002,5541,426
Steers1000–1050Medium and Large 1NHTC1,021255.50/cwt255.50–255.502,609178
Steers1050–1100Medium and Large 11,066243.26/cwt242.00–245.252,593271
Feeder Cattle · Heifers22 lots · lightest first
Heifers400–450Medium and Large 1-2419335.00/cwt335.00–335.001,4048
Heifers400–450Medium and Large 1442348.13/cwt345.00–351.001,53939
Heifers450–500Medium and Large 1-2492332.00/cwt332.00–332.001,6338
Heifers450–500Medium and Large 1495338.00/cwt338.00–338.001,67315
Heifers500–550Medium and Large 1-2501340.00/cwt340.00–340.001,70312
Heifers500–550Medium and Large 1518351.08/cwt345.00–370.001,81989
Heifers550–600Medium and Large 1568332.16/cwt321.50–355.001,887294
Heifers550–600Medium and Large 1-2590310.21/cwt308.00–319.001,83065
Heifers600–650Medium and Large 1616311.14/cwt294.00–325.001,917193
Heifers650–700Medium and Large 1674289.20/cwt284.00–291.501,949179
Heifers700–750Medium and Large 1-2719260.00/cwt260.00–260.001,8697
Heifers700–750Medium and Large 1Spayed730262.82/cwt260.50–263.001,919164
Heifers700–750Medium and Large 1742262.25/cwt262.25–262.251,94660
Heifers750–800Medium and Large 1Spayed779267.02/cwt264.50–271.252,080278
Heifers750–800Medium and Large 1786251.50/cwt251.50–251.501,97731
Heifers800–850Medium and Large 1811256.99/cwt243.50–261.502,084241
Heifers800–850Medium and Large 1Spayed821257.00/cwt257.00–257.002,110148
Heifers850–900Medium and Large 1Spayed869254.50/cwt254.50–254.502,21263
Heifers850–900Medium and Large 1892231.00/cwt231.00–231.002,06169
Heifers900–950Medium and Large 1905232.50/cwt232.50–232.502,10483
Heifers950–1000Medium and Large 1972227.25/cwt227.25–227.252,20965
Heifers1000–1050Medium and Large 1Spayed1,011224.75/cwt224.75–224.752,27259

This sale against other markets

Nebraska weighted averages
One sale is one barn on one day. The state ladder is every Nebraska auction USDA reported that week, weighted by head — the fairer test of whether a lot sold well.