Sale reports / Nebraska / Bassett / 2024-11-13

Bassett

Feeder Cattle · Bassett, Nebraska · Wed, Nov 13
● Final41 lots reportedUSDA AMS · slug 1852
Receipts
3,520 head
▲ 2,235 vs last sale 1,285▲ 650 vs year ago 2,870 · +22.6%
View

Reporter comment USDA

As filed

Today's Auction started out the day with yearlings off, very dry grass, followed by weaned Spring calves and then onto non-weaned offerings. Some consignors only bringing steer offerings today. No weigh ups sold today. Compared with last week, 450 lbs steers and heifers traded sharply higher, 550 lbs steers also traded sharply higher. Demand was good with several buyers today and active internet bidding. A few light rain showers around the area, last night. Next Auction Date 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 $332.60/cwt on 809 head. That ranks 1 of 11 comparable sales and sits −167.09 against this barn's trailing median of $499.69.
Average price
$332.60
809 head · 544 lb average
Value per head Derived
$1,811
Price × average weight ÷ 100
Grade differential Derived
$129
per head · Medium and Large 1 over Medium and Large 1-2
$25.76/cwt at this weight
vs the market
+17.27
vs NE average
+27.16 vs national

Price by quality 500–600 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1544334.291,819756
Medium and Large 1-2548308.531,69053
One grade step is worth $25.76/cwt here — about $129 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 sale809 hd
332.60
—
NE average10 barns · 4,093 hd
315.33
+17.27
National average190 barns · 31,255 hd
305.44
+27.16
This barn, trailing median11 sales
499.69
−167.09
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

41 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 · Steers25 lots · lightest first
Steers300–350Medium and Large 1316400.00/cwt400.00–400.001,2647
Steers350–400Medium and Large 1363371.23/cwt365.00–374.001,34838
Steers400–450Medium and Large 1Thin Fleshed414382.81/cwt380.00–385.001,58550
Steers400–450Medium and Large 1-2423320.00/cwt320.00–320.001,35411
Steers400–450Medium and Large 1435359.52/cwt352.50–374.001,564142
Steers450–500Medium and Large 1466349.84/cwt340.00–358.001,630135
Steers450–500Medium and Large 1-2491315.00/cwt315.00–315.001,54722
Steers500–550Medium and Large 1Fancy516360.00/cwt360.00–360.001,858105
Steers500–550Medium and Large 1520340.76/cwt330.00–349.001,772339
Steers500–550Medium and Large 1-2536323.07/cwt322.50–323.501,73237
Steers550–600Medium and Large 1-2575274.89/cwt256.00–293.001,58116
Steers550–600Medium and Large 1580318.60/cwt306.00–328.001,848312
Steers600–650Medium and Large 1-2Unweaned605281.00/cwt281.00–281.001,70011
Steers600–650Medium and Large 1Fancy609318.50/cwt318.50–318.501,94052
Steers600–650Medium and Large 1613312.50/cwt312.50–312.501,91681
Steers600–650Medium and Large 1Unweaned621303.08/cwt298.00–312.501,882238
Steers650–700Medium and Large 1Unweaned667293.99/cwt282.00–298.501,961259
Steers650–700Medium and Large 1675281.07/cwt280.00–283.001,89746
Steers700–750Medium and Large 1Unweaned718282.58/cwt278.00–289.002,029131
Steers700–750Medium and Large 1-2735260.00/cwt260.00–260.001,9115
Steers750–800Medium and Large 1796264.00/cwt264.00–264.002,10129
Steers800–850Medium and Large 1827256.00/cwt256.00–256.002,11712
Steers850–900Medium and Large 1872268.87/cwt267.00–270.002,345180
Steers900–950Medium and Large 1935264.50/cwt264.50–264.502,473174
Steers950–1000Medium and Large 1995249.50/cwt249.50–249.502,48357
Feeder Cattle · Heifers16 lots · lightest first
Heifers300–350Medium and Large 1345322.50/cwt322.50–322.501,11320
Heifers350–400Medium and Large 1377328.32/cwt322.50–335.001,23832
Heifers400–450Medium and Large 1420322.58/cwt315.00–335.001,355109
Heifers400–450Medium and Large 1-2448260.00/cwt260.00–260.001,1657
Heifers450–500Medium and Large 1469311.74/cwt209.00–322.501,462181
Heifers450–500Medium and Large 1-2476292.50/cwt292.50–292.501,39214
Heifers500–550Medium and Large 1532298.90/cwt288.50–306.001,59091
Heifers550–600Medium and Large 1559285.65/cwt272.00–291.001,59754
Heifers550–600Medium and Large 1-2593230.00/cwt230.00–230.001,3648
Heifers600–650Medium and Large 1Unweaned612272.63/cwt269.50–276.001,66850
Heifers600–650Medium and Large 1631258.00/cwt258.00–258.001,62819
Heifers650–700Medium and Large 1666249.54/cwt249.00–250.001,66220
Heifers700–750Medium and Large 1735248.00/cwt248.00–248.001,82315
Heifers750–800Medium and Large 1-2773237.25/cwt237.25–237.251,83431
Heifers750–800Medium and Large 1778252.00/cwt252.00–252.001,96163
Heifers850–900Medium and Large 1885234.24/cwt225.00–236.502,07330

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.