Sale reports / Nebraska / Bassett / 2024-11-06

Bassett

Feeder Cattle · Bassett, Nebraska · Wed, Nov 6
● Final25 lots reportedUSDA AMS · slug 1852
Receipts
1,285 head
▼ 5,135 vs last sale 6,420▼ 1,965 vs year ago 3,250 · −60.5%
View

Reporter comment USDA

As filed

A limited number of comparable offerings from last week a trend will not be given for steers or heifers. Demand was moderate to good. Next Auction Date Nov 13th Special Calves & Yearlings, Nov 20th Special Bred Cow & Pairs

Weight classPick one — the panels below update

Steers · summary 500–600 lb

Weighted average of every reported lot
500–600 lb steers averaged $313.47/cwt on 209 head. That ranks 1 of 11 comparable sales and sits −186.22 against this barn's trailing median of $499.69.
Average price
$313.47
209 head · 542 lb average
Value per head Derived
$1,699
Price × average weight ÷ 100
Grade differential Derived
$244
per head · Medium and Large 1 over Medium and Large 1-2
$21.59/cwt at this weight
vs the market
+3.61
vs NE average
+11.62 vs national

Price by quality 500–600 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1543314.091,706203
Medium and Large 1-2500292.501,4636thin
One grade step is worth $21.59/cwt here — about $244 a head. Across this sale the premium is widest at 400–500 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 sale209 hd
313.47
—
NE average12 barns · 7,285 hd
309.86
+3.61
National average187 barns · 26,509 hd
301.85
+11.62
This barn, trailing median11 sales
499.69
−186.22
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

25 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 · Steers14 lots · lightest first
Steers300–350Medium and Large 1340402.48/cwt400.00–406.501,36843
Steers350–400Medium and Large 1384375.00/cwt375.00–375.001,44040
Steers400–450Medium and Large 1424364.38/cwt359.00–367.501,54545
Steers450–500Medium and Large 1463337.00/cwt325.00–338.001,560125
Steers450–500Medium and Large 1-2496311.00/cwt311.00–311.001,54312
Steers500–550Medium and Large 1-2500292.50/cwt292.50–292.501,4636
Steers500–550Medium and Large 1514322.12/cwt319.00–324.001,65697
Steers550–600Medium and Large 1570306.74/cwt297.00–309.001,748106
Steers600–650Medium and Large 1636292.00/cwt292.00–292.001,85732
Steers650–700Medium and Large 1Unweaned664271.91/cwt269.00–274.501,80541
Steers750–800Medium and Large 1774267.00/cwt267.00–267.002,06776
Steers850–900Medium and Large 1-2853239.50/cwt239.50–239.502,0435
Steers850–900Medium and Large 1883267.00/cwt267.00–267.002,35858
Steers900–950Medium and Large 1916262.75/cwt262.75–262.752,40759
Feeder Cattle · Heifers11 lots · lightest first
Heifers300–350Medium and Large 1326375.19/cwt360.00–385.001,22342
Heifers350–400Medium and Large 1398356.00/cwt356.00–356.001,41736
Heifers400–450Medium and Large 1413326.56/cwt310.00–330.001,34961
Heifers450–500Medium and Large 1486296.69/cwt292.00–312.501,442106
Heifers550–600Medium and Large 1558280.76/cwt267.00–286.001,56768
Heifers600–650Medium and Large 1Unweaned622258.59/cwt253.00–262.001,60843
Heifers750–800Medium and Large 1759241.00/cwt241.00–241.001,8296
Heifers800–850Medium and Large 1812234.50/cwt234.50–234.501,9047
Heifers850–900Medium and Large 1888232.98/cwt229.00–236.002,06916
Heifers900–950Medium and Large 1916228.00/cwt228.00–228.002,0884
Heifers950–1000Medium and Large 1964233.00/cwt233.00–233.002,24611

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.