Sale reports / Nebraska / Bassett / 2025-05-07

Bassett

Feeder Cattle · Bassett, Nebraska · Wed, May 7
● Final33 lots reportedUSDA AMS · slug 1852
Receipts
4,063 head
▼ 507 vs last sale 4,570▲ 2,223 vs year ago 1,840 · +120.8%
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Reporter comment USDA

As filed

Compared to two weeks ago, steers less than 650 lbs sold 8.00 to 10.00 lower, 650 to 850 lbs sold 5.00 to 8.00 higher and over 850 lbs sold steady to 4.00 lower. Most heifers sold 4.00 to 9.00 higher except 550 to 650 lbs sold 4.00 lower. Demand was good from start to finish. Quite a few order buyers on the seats with very active buying from the internet on the lightweight cattle. Sale comprised of mostly yearling cattle with some bawling and weaned fall calves in the run. Some of Wednesday's lightweight cattle that were slated to go to summer grass and usually sell on the annual BBQ auction in July. However, due to the dry range conditions in the trade area cattle made their way to the auction on Wednesday.

Weight classPick one — the panels below update

Steers · summary 500–600 lb

Weighted average of every reported lot
500–600 lb steers averaged $385.31/cwt on 340 head. That ranks 1 of 11 comparable sales and sits −114.37 against this barn's trailing median of $499.69.
Average price
$385.31
340 head · 566 lb average
Value per head Derived
$2,181
Price × average weight ÷ 100
Grade differential Derived
$211
per head · Medium and Large 1 over Medium and Large 1-2
$3.09/cwt at this weight
vs the market
−6.53
vs NE average
+6.52 vs national

Price by quality 500–600 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1571385.592,200310
Medium and Large 1-2520382.501,98930
One grade step is worth $3.09/cwt here — about $211 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 sale340 hd
385.31
—
NE average6 barns · 974 hd
391.84
−6.53
National average168 barns · 13,508 hd
378.79
+6.52
This barn, trailing median11 sales
499.69
−114.37
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

33 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 · Steers21 lots · lightest first
Steers350–400Medium and Large 1365516.82/cwt512.50–522.501,8869
Steers400–450Medium and Large 1410497.50/cwt497.50–497.502,0405
Steers450–500Medium and Large 1476436.06/cwt432.50–437.002,07661
Steers450–500Medium and Large 1-2480414.17/cwt412.50–415.001,98812
Steers500–550Medium and Large 1-2520382.50/cwt382.50–382.501,98930
Steers500–550Medium and Large 1538400.66/cwt387.50–404.002,156130
Steers550–600Medium and Large 1594374.70/cwt372.50–389.002,226180
Steers600–650Medium and Large 1637362.71/cwt350.00–368.002,310375
Steers650–700Medium and Large 1-2676327.50/cwt327.50–327.502,2148
Steers650–700Medium and Large 1686343.71/cwt337.50–355.002,358447
Steers650–700Large 1688323.00/cwt323.00–323.002,22210
Steers700–750Medium and Large 1720332.21/cwt317.00–335.002,392171
Steers750–800Medium and Large 1785313.69/cwt307.50–315.002,46296
Steers800–850Medium and Large 1815308.25/cwt308.25–308.252,51265
Steers850–900Medium and Large 1885298.21/cwt295.00–303.002,639431
Steers900–950Medium and Large 1911286.00/cwt286.00–286.002,60572
Steers900–950Large 1920274.00/cwt274.00–274.002,52121
Steers950–1000Medium and Large 1980273.54/cwt269.75–283.002,681471
Steers1000–1050Medium and Large 11,024273.20/cwt268.00–274.502,79869
Steers1000–1050Large 11,046261.50/cwt261.50–261.502,73553
Steers1050–1100Medium and Large 11,073261.50/cwt261.50–261.502,806147
Feeder Cattle · Heifers12 lots · lightest first
Heifers400–450Medium and Large 1421396.55/cwt395.00–400.001,66913
Heifers450–500Medium and Large 1472391.83/cwt380.00–399.501,84936
Heifers450–500Medium and Large 1-2480350.00/cwt350.00–350.001,6807
Heifers500–550Medium and Large 1518377.56/cwt362.50–395.001,95685
Heifers550–600Medium and Large 1580337.72/cwt326.00–347.501,95993
Heifers600–650Medium and Large 1605321.47/cwt320.00–322.001,94540
Heifers650–700Large 1655291.00/cwt291.00–291.001,90625
Heifers650–700Medium and Large 1680326.39/cwt290.50–337.502,219321
Heifers700–750Large 1702286.00/cwt286.00–286.002,00819
Heifers700–750Medium and Large 1725299.86/cwt298.50–302.002,17431
Heifers750–800Medium and Large 1762303.28/cwt286.00–306.002,311346
Heifers800–850Medium and Large 1816289.50/cwt289.50–289.502,36260

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.