Sale reports / Nebraska / Bassett / 2024-08-21

Bassett

Feeder Cattle · Bassett, Nebraska · Wed, Aug 21
● Final33 lots reportedUSDA AMS · slug 1852
Receipts
3,180 head
▲ 1,305 vs last sale 1,875▲ 2,610 vs year ago 570 · +457.9%
View

Reporter comment USDA

As filed

Compared with two weeks ago 900 to 1000 lbs steers traded 8.00 to 15.00 lower, and 800 lbs heifers traded 5.00 lower. Demand was moderate to good with several buyers and active internet bidding. Next Auction Date Sept 4th Special Fall Calves and Yearlings

Weight classPick one — the panels below update

Steers · summary 500–600 lb

Weighted average of every reported lot
500–600 lb steers averaged $310.47/cwt on 133 head. That ranks 1 of 11 comparable sales and sits −189.22 against this barn's trailing median of $499.69.
Average price
$310.47
133 head · 540 lb average
Value per head Derived
$1,675
Price × average weight ÷ 100
Grade differential Derived
$150
per head · Medium and Large 1 over Medium and Large 1-2
$22.84/cwt at this weight
vs the market
+3.00
vs NE average
+39.97 vs national

Price by quality 500–600 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1540311.841,684125
Medium and Large 1-2531289.001,5358thin
One grade step is worth $22.84/cwt here — about $150 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 sale133 hd
310.47
—
NE average4 barns · 340 hd
307.47
+3.00
National average163 barns · 7,520 hd
270.50
+39.97
This barn, trailing median11 sales
499.69
−189.22
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

33 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 · Steers18 lots · lightest first
Steers400–450Medium and Large 1437322.50/cwt322.50–322.501,40915
Steers500–550Medium and Large 1527316.05/cwt312.00–325.001,66684
Steers500–550Medium and Large 1-2531289.00/cwt289.00–289.001,5358
Steers550–600Medium and Large 1567303.22/cwt295.00–318.001,71941
Steers600–650Medium and Large 1618292.62/cwt282.00–300.001,80828
Steers650–700Medium and Large 1687268.50/cwt268.50–268.501,84513
Steers700–750Medium and Large 1719259.00/cwt259.00–259.001,8625
Steers700–750Medium and Large 1-2723255.00/cwt255.00–255.001,8445
Steers750–800Medium and Large 1-2765257.00/cwt257.00–257.001,9665
Steers750–800Medium and Large 1772261.66/cwt260.00–264.002,02024
Steers800–850Medium and Large 1804256.50/cwt256.50–256.502,06225
Steers850–900Medium and Large 1NHTC860253.25/cwt253.25–253.252,17860
Steers850–900Medium and Large 1862242.00/cwt242.00–242.002,0865
Steers900–950Medium and Large 1NHTC924248.66/cwt242.50–250.252,298156
Steers900–950Medium and Large 1931235.68/cwt234.00–238.002,194184
Steers950–1000Medium and Large 1985231.94/cwt226.50–235.002,285317
Steers1000–1050Medium and Large 11,030225.67/cwt223.50–227.502,324790
Steers1050–1100Medium and Large 11,068221.22/cwt221.00–222.002,363143
Feeder Cattle · Heifers15 lots · lightest first
Heifers500–550Medium and Large 1527297.96/cwt290.00–303.501,57049
Heifers550–600Medium and Large 1-2579293.00/cwt293.00–293.001,6967
Heifers550–600Medium and Large 1590285.50/cwt285.50–285.501,68429
Heifers600–650Medium and Large 1600278.00/cwt278.00–278.001,6687
Heifers650–700Medium and Large 1683252.36/cwt251.00–253.001,72427
Heifers700–750Medium and Large 1742251.31/cwt243.50–260.501,86596
Heifers750–800Medium and Large 1765241.65/cwt240.00–243.001,84942
Heifers800–850Medium and Large 1833237.99/cwt235.00–240.001,982188
Heifers850–900Medium and Large 1873232.41/cwt224.00–237.002,02998
Heifers900–950Medium and Large 1917226.32/cwt218.00–228.752,075224
Heifers900–950Medium and Large 1Spayed938219.50/cwt219.50–219.502,05965
Heifers950–1000Medium and Large 1977218.36/cwt215.50–220.002,13353
Heifers950–1000Medium and Large 1Spayed987220.56/cwt215.50–224.002,177236
Heifers1000–1050Medium and Large 11,029216.00/cwt216.00–216.002,22324
Heifers1050–1100Medium and Large 11,063213.50/cwt213.50–213.502,27013

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.