Cattle Market Pulse

Bassett Livestock Auction Market Report

Bassett, Nebraska · USDA-reported Auction Livestock

Sale of Wednesday, October 28, 2020

2,435 head sold ·Official USDA report

This is an archived report. See the latest Bassett Livestock Auction report →

heavy 8-weight M&L 1 steers $142.22/cwt -7.30 vs last sale · ≈ $1,257/hd at 884 lb · 727 head
heavy 4-weight M&L 1 heifers $147.37/cwt ≈ $712/hd at 483 lb · 227 head
light 5-weight M&L 1 heifers $141.97/cwt ≈ $755/hd at 532 lb · 214 head

Receipts

HeadThis saleLast saleLast year
Total receipts 2,435 3,795 3,435
Feeder cattle 2,435 3,795 3,435

Market comments — USDA reporter

Compared with two weeks ago 550 to 600 lbs steers traded stead to 7.00 lower, 850 ad 950 lbs steers traded 7.00 to 8.00 lower. Spayed heifers 850 lbs traded 2.00 lower. Demand was moderate to good with high internet bidding. Warmer today with snow and cold weather in the area last week. Next Auction Dates for Nov: 4th Special Spring Calf and 11th Special Calves & Yearlings

New to these tables? Plain-English explainers ↓

Feeder Steers

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
387–389 388 13 174.00–176.50 $175.16 $680 —
468–498 485 82 163.00–176.00 $169.60 $823 —
530–536 535 70 155.00–165.00 $163.16 $873 —
553–574 562 156 153.50–166.00 $158.89 $893 -0.55
612–634 631 149 142.00–152.25 $150.23 $948 -7.21
650 fancy 650 82 153.50 $153.50 $998 —
650–681 667 36 143.50–144.50 $143.93 $960 -12.07
717 fancy 717 74 153.00 $153.00 $1,097 —
725 725 24 140.25 $140.25 $1,017 —
875–898 884 727 132.50–144.00 $142.22 $1,257 -7.30
912 912 62 139.00 $139.00 $1,268 -10.84
955–957 956 121 135.00–138.75 $136.73 $1,307 -8.07
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
442 442 6 161.00 $161.00 $712 —
470 470 11 161.50 $161.50 $759 —
581–589 585 34 151.00–152.75 $151.93 $889 —
682–696 690 17 137.50–139.00 $138.39 $955 —

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Feeder Heifers

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
320–332 327 9 164.00–166.00 $165.13 $540 —
395–396 396 18 156.50–163.00 $159.75 $633 —
409–437 419 57 153.00–157.75 $155.72 $652 —
462–496 483 227 141.00–149.00 $147.37 $712 —
509–543 532 214 139.00–144.00 $141.97 $755 —
551–593 563 59 135.00–144.00 $140.73 $792 +4.47
617 617 48 136.00 $136.00 $839 -4.50
692 692 13 133.50 $133.50 $924 -10.70
804 804 10 125.00 $125.00 $1,005 -13.65
855 855 130 136.00 $136.00 $1,163 -2.51
865 865 8 125.00 $125.00 $1,081 -13.51
950 950 41 120.00 $120.00 $1,140 -3.00
1045 1045 14 110.00 $110.00 $1,150 -10.00
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
616–621 618 14 128.00–130.00 $129.28 $799 —
699 699 8 132.50 $132.50 $926 —

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Reading this report

What does "Medium and Large 1" mean?

USDA feeder grades describe frame size and muscle thickness, not quality of the individual animal. "Medium and Large" is the frame score; the number is muscle (1 = heaviest muscled). "Medium and Large 1–2" pens mix both muscle scores — common across the Southeast.

What is $/cwt?

Dollars per hundredweight — per 100 lb of animal. A 500-lb calf at $450/cwt brings 5 × $450 = $2,250. Lighter cattle usually bring more per cwt but less per head.

Why are some prices per head?

Bred cows, cow-calf pairs, and some replacement classes sell by the head, not by weight. We show those exactly as USDA reports them — a $/head figure is never converted into $/cwt on this site.

Where do these numbers come from?

From the USDA Agricultural Marketing Service's Livestock Market News — federal reporters at the sale. We publish each report in full and link the official USDA document at the top of the page.