Cattle Market Pulse

Bassett Livestock Auction Market Report

Bassett, Nebraska · USDA-reported Auction Livestock

Sale of Wednesday, February 23, 2022

3,250 head sold ·Official USDA report

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

heavy 6-weight M&L 1 steers $192.20/cwt +12.85 vs last sale · ≈ $1,304/hd at 678 lb · 505 head
heavy 6-weight M&L 1 heifers $163.79/cwt -10.43 vs last sale · ≈ $1,107/hd at 676 lb · 386 head
light 7-weight M&L 1 steers $182.97/cwt +12.29 vs last sale · ≈ $1,324/hd at 724 lb · 370 head

Receipts

HeadThis saleLast saleLast year
Total receipts 3,250 3,135 4,400
Feeder cattle 3,250 3,135 4,400

Market comments — USDA reporter

Compared with last week 650 and 750 lbs steers traded steady and 700 lbs steers traded 10.00 higher. Heifer offerings 550 to 650 lbs traded unevenly steady. Demand was good with several buyers and an active internet. Next Auction Date March 2nd Hall Ranch Bull Sale and Bred Females to follow

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
401–417 407 29 222.50–232.00 $226.19 $921 -6.81
494 494 15 227.00 $227.00 $1,121 -10.00
520–532 525 137 217.00–227.50 $225.22 $1,182 +11.03
560 fancy 560 35 215.25 $215.25 $1,205 —
598 598 190 211.50 $211.50 $1,265 +1.76
601–639 616 335 188.50–202.00 $195.01 $1,201 +9.51
661 fancy 661 168 203.00 $203.00 $1,342 —
660–698 687 337 180.75–190.75 $186.82 $1,283 +26.82
709 fancy 709 87 187.25 $187.25 $1,328 —
700–738 728 283 172.00–183.50 $181.65 $1,322 +10.97
775–797 784 116 169.50–171.25 $170.82 $1,339 +2.18
804–815 809 42 165.00–168.50 $166.90 $1,350 +3.12
866 866 65 165.25 $165.25 $1,431 —
902–908 905 15 151.00–157.25 $154.34 $1,397 —
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
398 398 12 191.00 $191.00 $760 —
431 431 5 198.00 $198.00 $853 —
498 498 14 204.00 $204.00 $1,016 —
512–549 534 12 207.00–215.00 $211.80 $1,131 —
550 550 12 207.00 $207.00 $1,138 +11.00
616–636 626 80 176.00–186.25 $181.40 $1,136 —
735–736 736 14 163.50–167.50 $165.50 $1,218 —
789 789 6 167.00 $167.00 $1,318 +16.00

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Feeder Heifers

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
363–394 387 28 200.50–202.00 $200.80 $777 —
426–437 429 26 185.00–199.00 $189.38 $812 —
459–460 460 42 193.50–206.00 $200.35 $922 +3.74
507–524 thin fleshed 517 87 194.50–196.00 $195.43 $1,010 —
518 518 11 181.00 $181.00 $938 -5.44
555–598 589 141 171.00–182.50 $177.44 $1,045 -5.26
600–641 627 159 165.50–182.25 $172.77 $1,083 +4.04
651–694 676 310 157.00–166.00 $162.09 $1,096 -3.70
671–679 676 76 170.00–172.00 $170.73 $1,154 +4.94
725–739 732 62 162.50–164.00 $163.28 $1,195 +9.98
721–747 735 46 158.00–158.50 $158.24 $1,163 +4.94
756–770 766 27 150.50–154.50 $151.67 $1,162 -12.98
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
441 441 5 161.00 $161.00 $710 —
515–538 534 47 171.00–180.50 $178.21 $952 —
555 555 12 162.50 $162.50 $902 -1.50

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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.