Sale reports / Nebraska / Bassett / 2025-07-23

Bassett

Feeder Cattle · Bassett, Nebraska · Wed, Jul 23
● Final24 lots reportedUSDA AMS · slug 1852
Receipts
2,035 head
▼ 7,595 vs last sale 9,630▼ 1,115 vs year ago 3,150 · −35.4%
View

Reporter comment USDA

As filed

A limited number of comparable offerings from two weeks ago, with 1000 - 1050 lbs steers trading $13 to $23 higher. Demand was very good with several buyers and active internet bidding. Several rain showers in the area for the past couple of weeks. Sandhills pasture grasses are recovering, putting baling hay meadows on hold. Next Auction Date Aug 6th Special Feeder Cattle Auction, Weigh Ups at 9:00am

Weight classPick one — the panels below update

Steers · summary 500–600 lb

Weighted average of every reported lot
500–600 lb steers averaged $442.88/cwt on 51 head. That ranks 3 of 11 comparable sales and sits −56.80 against this barn's trailing median of $499.69.
Average price
$442.88
51 head · 571 lb average
Value per head Derived
$2,530
Price × average weight ÷ 100
Grade differential Derived
$222
per head · Medium and Large 1 over Medium and Large 1-2
$47.90/cwt at this weight
vs the market
+0.00
vs NE average
+67.14 vs national

Price by quality 500–600 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1569450.402,56443
Medium and Large 1-2582402.502,3438thin
One grade step is worth $47.90/cwt here — about $222 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 sale51 hd
442.88
—
NE average1 barns · 51 hd
442.88
+0.00
National average142 barns · 5,388 hd
375.74
+67.14
This barn, trailing median11 sales
499.69
−56.80
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

24 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 · Steers12 lots · lightest first
Steers500–550Medium and Large 1511452.50/cwt452.50–452.502,3125
Steers550–600Medium and Large 1577450.12/cwt442.50–459.002,59738
Steers550–600Medium and Large 1-2582402.50/cwt402.50–402.502,3438
Steers650–700Medium and Large 1666407.00/cwt407.00–407.002,71122
Steers650–700Medium and Large 1-2689379.00/cwt379.00–379.002,61130
Steers700–750Medium and Large 1722379.31/cwt362.50–386.002,73969
Steers750–800Medium and Large 1769347.13/cwt340.00–350.002,66964
Steers800–850Medium and Large 1830334.00/cwt334.00–334.002,77224
Steers900–950Medium and Large 1908327.50/cwt327.50–327.502,97462
Steers900–950Medium and Large 1Fancy936336.75/cwt336.75–336.753,152180
Steers1000–1050Large 11,033317.77/cwt316.00–318.253,283327
Steers1050–1100Large 11,074315.75/cwt315.75–315.753,391300
Feeder Cattle · Heifers12 lots · lightest first
Heifers450–500Medium and Large 1-2492395.00/cwt395.00–395.001,9436
Heifers500–550Medium and Large 1507429.48/cwt427.50–430.002,17724
Heifers550–600Medium and Large 1558425.00/cwt425.00–425.002,3729
Heifers600–650Medium and Large 1606377.56/cwt376.00–385.002,28857
Heifers650–700Medium and Large 1680348.72/cwt347.00–351.002,37164
Heifers700–750Medium and Large 1709340.29/cwt339.00–341.002,41331
Heifers750–800Medium and Large 1767327.50/cwt324.50–329.502,51255
Heifers750–800Medium and Large 1-2789306.50/cwt306.50–306.502,4189
Heifers800–850Medium and Large 1Spayed840326.75/cwt326.75–326.752,74569
Heifers850–900Medium and Large 1878310.19/cwt306.50–311.752,72351
Heifers900–950Medium and Large 1Spayed908329.01/cwt324.00–334.002,987260
Heifers900–950Medium and Large 1925310.00/cwt310.00–310.002,86863

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.