Sale reports / Nebraska / Bassett / 2024-12-04

Bassett

Feeder Cattle · Bassett, Nebraska · Wed, Dec 4
● Final31 lots reportedUSDA AMS · slug 1852
Receipts
3,450 head
▼ 70 vs last sale 3,520▲ 345 vs year ago 3,105 · +11.1%
View

Reporter comment USDA

As filed

No recent test of market for an accurate comparison a trend will not be given for steers or heifers. A very high demand for steers should be noted with several buyers at the auction, out of state buyers, and internet bidding. Next Auction Date Dec 11th Special Feeder Cattle Auction, Dec 17th Special Weigh Up Auction, Dec 18th Special Holiday Bred Cow & Bred Heifer Auction

Weight classPick one — the panels below update

Steers · summary 500–600 lb

Weighted average of every reported lot
500–600 lb steers averaged $365.15/cwt on 1,229 head. That ranks 1 of 11 comparable sales and sits −134.54 against this barn's trailing median of $499.69.
Average price
$365.15
1,229 head · 548 lb average
Value per head Derived
$2,000
Price × average weight ÷ 100
Grade differential Derived
$278
per head · Medium and Large 1 over Medium and Large 1-2
$35.01/cwt at this weight
vs the market
+16.40
vs NE average
+39.78 vs national

Price by quality 500–600 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1550367.632,0211,142
Medium and Large 1-2524332.621,74387
One grade step is worth $35.01/cwt here — about $278 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 sale1,229 hd
365.15
—
NE average8 barns · 4,033 hd
348.75
+16.40
National average187 barns · 33,494 hd
325.37
+39.78
This barn, trailing median11 sales
499.69
−134.54
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

31 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
Steers350–400Medium and Large 1379430.00/cwt430.00–430.001,63023
Steers350–400Medium and Large 1-2392395.00/cwt395.00–395.001,5489
Steers400–450Medium and Large 1Thin Fleshed409430.00/cwt430.00–430.001,75914
Steers400–450Medium and Large 1-2411381.00/cwt381.00–381.001,56622
Steers400–450Medium and Large 1425402.64/cwt385.00–413.001,71141
Steers450–500Medium and Large 1463394.51/cwt380.00–400.001,827284
Steers450–500Medium and Large 1-2479370.57/cwt362.50–372.501,77551
Steers500–550Medium and Large 1Fancy520394.05/cwt379.00–400.002,049162
Steers500–550Medium and Large 1-2524332.62/cwt317.50–338.001,74387
Steers500–550Medium and Large 1532356.73/cwt342.50–368.001,898368
Steers550–600Medium and Large 1Fancy566373.32/cwt366.00–376.002,113494
Steers550–600Medium and Large 1577341.49/cwt335.00–347.501,970118
Steers600–650Medium and Large 1608339.86/cwt332.00–350.002,066384
Steers600–650Medium and Large 1-2619308.14/cwt292.00–320.001,90774
Steers650–700Medium and Large 1Fancy654342.00/cwt342.00–342.002,23780
Steers650–700Medium and Large 1671315.49/cwt302.50–334.002,117158
Steers700–750Medium and Large 1-2740283.00/cwt283.00–283.002,09410
Steers750–800Medium and Large 1787289.00/cwt289.00–289.002,27424
Feeder Cattle · Heifers13 lots · lightest first
Heifers300–350Medium and Large 1334383.18/cwt377.50–385.001,28029
Heifers350–400Medium and Large 1375361.52/cwt355.00–367.001,35657
Heifers400–450Medium and Large 1-2409332.50/cwt332.50–332.501,36011
Heifers400–450Medium and Large 1423368.93/cwt366.00–370.001,56159
Heifers450–500Medium and Large 1478343.21/cwt335.00–353.501,641101
Heifers450–500Medium and Large 1-2485324.38/cwt316.00–327.501,57368
Heifers500–550Medium and Large 1-2522306.10/cwt281.00–317.501,59824
Heifers500–550Medium and Large 1527333.65/cwt327.00–347.501,758216
Heifers550–600Medium and Large 1Replacement569325.00/cwt325.00–325.001,84941
Heifers550–600Medium and Large 1578297.68/cwt294.00–311.001,72182
Heifers600–650Medium and Large 1Replacement606300.00/cwt300.00–300.001,81817
Heifers600–650Medium and Large 1608291.38/cwt290.00–291.501,77298
Heifers650–700Medium and Large 1655273.50/cwt273.50–273.501,79115

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.