Sale reports / Nebraska / Bassett / 2024-10-16

Bassett

Feeder Cattle · Bassett, Nebraska · Wed, Oct 16
● Final37 lots reportedUSDA AMS · slug 1852
Receipts
4,410 head
▼ 2,600 vs last sale 7,010▼ 30 vs year ago 4,440 · −0.7%
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Reporter comment USDA

As filed

Consignments today consisted of several loads of yearlings, weaned and non-weaned Spring calves, finishing the auction with pregged checked open heifers. Demand was good for all offerings, with steers trading steady to as much as 10.00 higher. No comparable offerings for heifers. Next Auction Dates for Oct 23rd Special Bred Cow and Pairs, Oct 30th Special 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 $325.36/cwt on 423 head. That ranks 1 of 11 comparable sales and sits −174.32 against this barn's trailing median of $499.69.
Average price
$325.36
423 head · 542 lb average
Value per head Derived
$1,762
Price × average weight ÷ 100
Grade differential Derived
$72
per head · Medium and Large 1 over Medium and Large 1-2
$15.96/cwt at this weight
vs the market
+13.38
vs NE average
+26.03 vs national

Price by quality 500–600 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1541326.571,768391
Medium and Large 1-2546310.611,69632
One grade step is worth $15.96/cwt here — about $72 a head. Across this sale the premium is widest at 600–700 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 sale423 hd
325.36
—
NE average11 barns · 6,949 hd
311.98
+13.38
National average188 barns · 32,793 hd
299.33
+26.03
This barn, trailing median11 sales
499.69
−174.32
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

37 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 · Steers22 lots · lightest first
Steers300–350Medium and Large 1323365.00/cwt365.00–365.001,1796
Steers350–400Medium and Large 1387364.54/cwt360.00–374.001,41145
Steers400–450Medium and Large 1433351.22/cwt344.00–353.001,52164
Steers450–500Medium and Large 1461347.47/cwt323.00–357.001,602137
Steers500–550Medium and Large 1516340.80/cwt321.00–345.501,759201
Steers500–550Medium and Large 1-2531317.50/cwt317.50–317.501,68625
Steers550–600Medium and Large 1568311.52/cwt309.00–317.501,769190
Steers550–600Medium and Large 1-2599286.00/cwt286.00–286.001,7137
Steers600–650Medium and Large 1614294.22/cwt290.00–297.001,80770
Steers600–650Medium and Large 1-2644256.00/cwt256.00–256.001,6499
Steers650–700Medium and Large 1654261.00/cwt261.00–261.001,70714
Steers700–750Medium and Large 1-2707261.00/cwt261.00–261.001,8458
Steers700–750Medium and Large 1739274.01/cwt266.00–275.002,025173
Steers750–800Medium and Large 1776272.93/cwt271.50–274.002,118240
Steers750–800Medium and Large 1-2789243.00/cwt243.00–243.001,9176
Steers800–850Medium and Large 1839264.53/cwt262.50–267.502,219237
Steers850–900Medium and Large 1-2878257.00/cwt257.00–257.002,25614
Steers850–900Medium and Large 1879258.78/cwt253.50–260.752,275152
Steers900–950Medium and Large 1929255.84/cwt249.50–261.502,377876
Steers950–1000Medium and Large 1963249.23/cwt245.50–254.002,400241
Steers1000–1050Medium and Large 11,019241.00/cwt235.75–247.002,456746
Steers1050–1100Medium and Large 11,064235.32/cwt230.25–241.252,504628
Feeder Cattle · Heifers15 lots · lightest first
Heifers300–350Medium and Large 1337352.09/cwt347.50–357.501,18713
Heifers350–400Medium and Large 1389322.47/cwt318.00–327.501,25431
Heifers400–450Medium and Large 1423320.65/cwt314.00–334.001,356122
Heifers400–450Medium and Large 1-2448310.00/cwt310.00–310.001,38911
Heifers450–500Medium and Large 1477299.31/cwt283.00–305.001,428202
Heifers500–550Medium and Large 1516293.47/cwt277.00–309.501,514121
Heifers550–600Medium and Large 1-2567266.00/cwt266.00–266.001,50810
Heifers550–600Medium and Large 1574280.25/cwt275.00–282.001,60956
Heifers700–750Medium and Large 1722254.00/cwt254.00–254.001,83477
Heifers800–850Medium and Large 1822243.62/cwt243.00–244.002,00371
Heifers850–900Medium and Large 1857244.57/cwt242.50–247.252,09658
Heifers900–950Medium and Large 1914232.12/cwt231.00–240.002,12257
Heifers950–1000Medium and Large 1961234.55/cwt230.00–236.002,25472
Heifers1000–1050Medium and Large 11,010218.48/cwt218.25–219.252,20735
Heifers1050–1100Medium and Large 11,065203.87/cwt201.00–212.002,17124

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.