Sale reports / Nebraska / Bassett / 2024-10-30

Bassett

Feeder Cattle · Bassett, Nebraska · Wed, Oct 30
● Final49 lots reportedUSDA AMS · slug 1852
Receipts
6,420 head
▲ 2,010 vs last sale 4,410▲ 4,530 vs year ago 1,890 · +239.7%
View

Reporter comment USDA

As filed

Compared with two weeks ago, 550 to 1050 lbs steers traded 4.00 to 15.00 higher, a limited number of comparable offerings for heifers with 450 to 500 lbs offerings trading steady to 10.00 higher. Demand was very good today for yearling offerings weaned and non-weaned Spring calves. Several consignments of Charolais black nose cross and Red Angus calves today. Next Auction Dates Nov. 6th and 13th Special Calves & Yearlings

Weight classPick one — the panels below update

Steers · summary 500–600 lb

Weighted average of every reported lot
500–600 lb steers averaged $323.56/cwt on 883 head. That ranks 1 of 11 comparable sales and sits −176.13 against this barn's trailing median of $499.69.
Average price
$323.56
883 head · 550 lb average
Value per head Derived
$1,778
Price × average weight ÷ 100
Grade differential Derived
$136
per head · Medium and Large 1 over Medium and Large 1-2
$15.61/cwt at this weight
vs the market
+9.50
vs NE average
+22.87 vs national

Price by quality 500–600 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1552326.011,800744
Medium and Large 1-2536310.401,664139
One grade step is worth $15.61/cwt here — about $136 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 sale883 hd
323.56
—
NE average10 barns · 6,992 hd
314.05
+9.50
National average185 barns · 40,108 hd
300.69
+22.87
This barn, trailing median11 sales
499.69
−176.13
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

49 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 · Steers33 lots · lightest first
Steers350–400Medium and Large 1384372.00/cwt372.00–372.001,42819
Steers400–450Medium and Large 1Thin Fleshed404381.00/cwt381.00–381.001,53917
Steers400–450Medium and Large 1413349.52/cwt342.00–366.001,44447
Steers400–450Medium and Large 1-2433325.25/cwt320.00–332.501,40831
Steers450–500Medium and Large 1Fancy457368.00/cwt368.00–368.001,68241
Steers450–500Medium and Large 1482335.79/cwt323.50–351.001,619245
Steers450–500Medium and Large 1-2493318.43/cwt311.00–321.001,57050
Steers500–550Medium and Large 1530322.28/cwt315.50–330.001,708213
Steers500–550Medium and Large 1-2532311.83/cwt305.00–317.001,659129
Steers500–550Medium and Large 1Fancy537345.00/cwt345.00–345.001,853117
Steers550–600Medium and Large 1Fancy551334.00/cwt334.00–334.001,84068
Steers550–600Medium and Large 1571320.32/cwt302.00–329.001,829346
Steers550–600Medium and Large 1-2587292.00/cwt292.00–292.001,71410
Steers600–650Medium and Large 1-2608291.00/cwt291.00–291.001,76913
Steers600–650Medium and Large 1620311.84/cwt299.00–318.501,933381
Steers600–650Medium and Large 1Unweaned622310.58/cwt302.00–315.501,932362
Steers600–650Medium and Large 1-2Unweaned640271.86/cwt247.00–285.001,74032
Steers650–700Medium and Large 1-2669284.00/cwt284.00–284.001,90022
Steers650–700Medium and Large 1Fancy670305.50/cwt305.50–305.502,04789
Steers650–700Medium and Large 1Unweaned672282.70/cwt279.00–285.501,90084
Steers650–700Medium and Large 1675291.58/cwt286.25–293.751,968100
Steers650–700Medium and Large 1Fleshy682275.00/cwt275.00–275.001,87615
Steers750–800Medium and Large 1Unweaned759252.50/cwt252.50–252.501,91622
Steers750–800Medium and Large 1771261.41/cwt250.00–266.252,01599
Steers800–850Medium and Large 1825272.50/cwt272.50–272.502,24871
Steers800–850Medium and Large 1-2839266.86/cwt263.00–267.752,23932
Steers850–900Medium and Large 1885263.06/cwt251.00–267.002,328283
Steers900–950Medium and Large 1928263.65/cwt252.00–266.502,447786
Steers900–950Medium and Large 1Fleshy941239.00/cwt239.00–239.002,24937
Steers950–1000Medium and Large 1972254.80/cwt247.00–261.002,477694
Steers1000–1050Medium and Large 11,023252.35/cwt238.00–255.752,582592
Steers1050–1100Medium and Large 11,052250.75/cwt250.75–250.752,638102
Steers1150–1200Medium and Large 11,154214.00/cwt214.00–214.002,4707
Feeder Cattle · Heifers16 lots · lightest first
Heifers350–400Medium and Large 1384340.01/cwt333.00–352.501,30626
Heifers350–400Medium and Large 1-2384320.00/cwt320.00–320.001,2298
Heifers400–450Medium and Large 1-2403307.50/cwt307.50–307.501,23912
Heifers400–450Medium and Large 1431323.67/cwt321.00–330.001,39567
Heifers450–500Medium and Large 1471310.21/cwt299.00–315.001,461235
Heifers450–500Medium and Large 1-2498279.00/cwt279.00–279.001,38915
Heifers500–550Medium and Large 1531291.70/cwt271.00–301.501,549241
Heifers550–600Medium and Large 1-2572243.00/cwt243.00–243.001,3905
Heifers550–600Medium and Large 1578275.73/cwt265.00–282.001,594102
Heifers600–650Medium and Large 1Unweaned616273.20/cwt270.00–274.501,68365
Heifers750–800Medium and Large 1785242.49/cwt242.00–245.001,90436
Heifers850–900Medium and Large 1889241.00/cwt241.00–241.002,14233
Heifers900–950Medium and Large 1Spayed923240.00/cwt240.00–240.002,21555
Heifers950–1000Medium and Large 1965229.90/cwt226.25–239.502,21988
Heifers950–1000Medium and Large 1Spayed970228.00/cwt228.00–228.002,21252
Heifers1000–1050Medium and Large 11,002229.50/cwt229.50–229.502,3007

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.