Cattle Market Pulse

Bassett Livestock Auction Market Report

Bassett, Nebraska · USDA-reported Auction Livestock

Sale of Wednesday, September 7, 2022

2,870 head sold ·Official USDA report

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

light 9-weight M&L 1 steers $188.29/cwt +1.88 vs last sale · ≈ $1,746/hd at 927 lb · 611 head
heavy 9-weight M&L 1 heifers $173.53/cwt -0.02 vs last sale · ≈ $1,671/hd at 963 lb · 361 head
heavy 8-weight M&L 1 heifers $175.62/cwt -4.27 vs last sale · ≈ $1,547/hd at 881 lb · 328 head

Receipts

HeadThis saleLast saleLast year
Total receipts 2,870 3,735 1,860
Feeder cattle 2,635 3,735 1,860
Replacement cattle 235 — 0

Market comments — USDA reporter

Compared with two weeks ago, 850 to 950 lbs steers traded 2.00 to 6.00 higher, a limited number of comparable offering for heifers a trend will not be given. Demand was good for all offerings today with several buyers and an active internet. Bred Replacement heifers at sale today due to shortage of grass. Next Auction Date Sept 21st Special Fall 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
587 587 9 220.00 $220.00 $1,291 -14.18
667 667 12 198.00 $198.00 $1,321 -20.46
703–736 717 50 193.00–202.00 $197.73 $1,418 -16.83
752–797 772 151 184.50–198.50 $192.46 $1,486 -15.05
826 826 91 194.75 $194.75 $1,609 +1.81
867–879 873 127 186.00–190.25 $188.09 $1,642 +3.02
904 904 117 186.00 $186.00 $1,681 -0.41
916–940 933 494 179.75–192.00 $188.83 $1,762 +2.42
964–999 971 310 183.25–191.50 $189.43 $1,839 +6.86
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
435 435 5 221.00 $221.00 $961 —
935 935 29 176.50 $176.50 $1,650 —
988 988 28 177.50 $177.50 $1,754 —

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Feeder Heifers

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
404 404 7 195.00 $195.00 $788 -17.00
543 543 10 203.00 $203.00 $1,102 -25.54
616–634 620 53 195.00–206.50 $202.44 $1,255 -2.90
659–666 665 96 193.00–198.75 $197.80 $1,315 -0.20
743–748 747 69 178.00–186.00 $184.73 $1,380 -4.75
787 787 12 177.00 $177.00 $1,393 -0.58
834–842 841 61 172.00–175.00 $172.34 $1,449 -2.66
874 874 134 179.00 $179.00 $1,564 -1.06
859–899 886 194 167.50–176.50 $173.29 $1,535 -5.20
917–937 923 65 170.50–177.00 $174.17 $1,608 -4.21
953–972 963 361 170.50–176.25 $173.53 $1,671 -0.02
1014–1045 1029 35 162.00–167.75 $164.91 $1,697 +5.14
1056 1056 12 162.00 $162.00 $1,711 —
1100 1100 19 150.00 $150.00 $1,650 —
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
897 897 17 161.00 $161.00 $1,444 -8.25

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Bred Heifers

Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
636–743 705 (<2 yrs)1st Stage (1-3 mo) 188 1,225.00–1,800.00 $1,578.02
744 744 (<2 yrs)2nd Stage (4-6 mo) 8 1,450.00 $1,450.00

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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.