Cattle Market Pulse

Bassett Livestock Auction Market Report

Bassett, Nebraska · USDA-reported Auction Livestock

Sale of Wednesday, August 24, 2022

3,735 head sold ·Official USDA report

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

heavy 8-weight M&L 1 heifers $179.89/cwt +3.32 vs last sale · ≈ $1,575/hd at 876 lb · 606 head
light 7-weight M&L 1 heifers $190.09/cwt +4.14 vs last sale · ≈ $1,390/hd at 731 lb · 328 head
heavy 9-weight M&L 1 steers $182.57/cwt +6.00 vs last sale · ≈ $1,776/hd at 973 lb · 320 head

Receipts

HeadThis saleLast saleLast year
Total receipts 3,735 3,065 3,250
Feeder cattle 3,735 2,975 3,250
Replacement cattle — 90 —

Market comments — USDA reporter

Compared with two weeks ago 800 lbs steers traded 3.00 higher, 850 lbs steers traded 5.00 lower and 950 lbs steers traded 6.00 higher. A limited number of comparable offerings for heifers with 850 lbs Spade heifer trading 2.00 lower. Demand was good with several buyers and active internet bidding. Next auction date, Wed. Sept 7th Special Fall Calves & Yearlings Weigh Ups at 9 am

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
425 425 17 241.00 $241.00 $1,024 —
510–525 521 122 232.00–249.00 $241.26 $1,257 —
574–590 585 83 228.00–238.00 $234.18 $1,370 +27.18
606–610 607 58 226.00–226.75 $226.49 $1,375 +23.49
680–690 686 133 213.00–221.50 $218.46 $1,499 +0.46
701–721 706 91 206.00–217.00 $214.56 $1,515 +12.56
752–776 772 89 200.00–208.75 $207.51 $1,602 +7.67
806–834 816 120 188.00–195.00 $192.94 $1,574 +3.48
866–897 873 112 173.00–189.00 $185.07 $1,616 -5.17
925–944 931 164 182.25–188.50 $186.41 $1,735 +5.06
957–982 973 320 178.25–185.00 $182.57 $1,776 +6.00
1004–1024 1007 76 171.00–182.75 $181.02 $1,823 +15.02
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
524–545 531 42 220.00–231.00 $225.84 $1,199 +14.84
624–637 630 26 217.00–220.00 $218.72 $1,378 —
687 687 11 196.00 $196.00 $1,347 —
793 793 5 184.50 $184.50 $1,463 +3.21
869 869 14 163.00 $163.00 $1,416 -12.89

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Feeder Heifers

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
426 426 19 212.00 $212.00 $903 —
489 489 6 203.00 $203.00 $993 -11.00
501–523 511 63 225.00–231.50 $228.54 $1,168 —
579–585 582 21 210.00–227.00 $218.05 $1,269 +15.80
604–640 615 106 198.00–210.50 $205.34 $1,263 +6.34
656 656 76 198.00 $198.00 $1,299 —
702–747 730 210 184.50–199.00 $190.44 $1,390 +4.49
732–736 733 118 182.25–193.50 $189.48 $1,389 +3.53
766 766 58 179.50 $179.50 $1,375 -0.85
761–793 778 13 171.00–183.00 $177.58 $1,382 -8.60
800–849 822 162 174.00–184.25 $181.18 $1,489 -2.15
849 849 33 175.00 $175.00 $1,486 -6.21
858–894 875 541 176.00–184.00 $180.06 $1,576 +0.31
864–893 880 65 177.50–179.75 $178.49 $1,571 -1.26
904–941 924 63 177.50–179.00 $178.38 $1,648 +3.43
931–939 934 148 177.50–178.00 $177.70 $1,660 +2.75
953–970 958 84 172.00–174.25 $173.55 $1,663 +19.55
1015–1045 1032 68 154.00–167.50 $159.77 $1,649 -0.73
1099 1099 25 147.75 $147.75 $1,624 —
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
466 466 8 210.00 $210.00 $979 +9.00
500–537 522 27 203.00–206.00 $204.22 $1,066 —
557–598 574 41 189.00–218.00 $213.75 $1,227 —
603 603 24 188.00–200.00 $193.00 $1,164 —
665 665 8 181.00 $181.00 $1,204 —
728 728 30 170.00 $170.00 $1,238 —
872 872 56 169.25 $169.25 $1,476 +10.09

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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.