Cattle Market Pulse

Bassett Livestock Auction Market Report

Bassett, Nebraska · USDA-reported Auction Livestock

Sale of Wednesday, October 12, 2022

2,380 head sold ·Official USDA report

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

light 9-weight M&L 1 steers $184.46/cwt -0.29 vs last sale · ≈ $1,736/hd at 941 lb · 469 head
heavy 9-weight M&L 1 heifers $174.31/cwt +2.19 vs last sale · ≈ $1,679/hd at 963 lb · 186 head
light 6-weight M&L 1 steers $207.95/cwt +1.10 vs last sale · ≈ $1,289/hd at 620 lb · 184 head

Receipts

HeadThis saleLast saleLast year
Total receipts 2,380 3,770 4,290
Feeder cattle 2,380 3,770 4,290

Market comments — USDA reporter

Compared with last week, 500 to 600 lbs steers traded steady to 4.00 lower and 900 to 950 lbs steers traded steady to 3.00 higher. A limited number of comparable offering for heifers with 950 lbs offerings trading steady. Demand was good with some internet bidding today. High winds in the area, still no rain. Next Auction Date for Oct 19th Special Bred Cows/Heifers and Pairs

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
398 398 16 242.00 $242.00 $963 +7.00
411 411 5 230.00 $230.00 $945 -5.57
470–498 487 31 221.00–236.00 $226.22 $1,102 +4.99
514–537 524 171 210.00–217.00 $215.57 $1,130 -3.81
554–584 574 108 201.00–210.50 $208.00 $1,194 -4.07
604–635 unweaned 620 184 206.50–209.50 $207.95 $1,289 +1.10
707–721 unweaned 719 31 181.00–184.00 $183.52 $1,320 —
733 733 28 180.00 $180.00 $1,319 -6.96
764 764 24 176.00 $176.00 $1,345 —
823 823 31 175.00 $175.00 $1,440 -2.47
883–886 885 128 184.00–186.50 $185.29 $1,640 +8.77
936–946 941 469 172.00–187.10 $184.46 $1,736 -0.29
960–984 971 132 184.50–186.00 $185.32 $1,799 +3.55
1003 1003 65 183.75 $183.75 $1,843 +4.28
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
383 383 10 226.00 $226.00 $866 —
402 402 11 217.00 $217.00 $872 —
454–474 459 34 211.00 $211.00 $968 —
518–525 521 29 192.00–202.00 $197.14 $1,027 -13.52
633–634 633 19 171.00–186.00 $175.74 $1,112 -17.76

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Feeder Heifers

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
363 363 5 209.00 $209.00 $759 —
414 414 14 216.50 $216.50 $896 -3.50
452–496 490 41 197.00–202.00 $201.32 $986 -11.70
523 523 36 195.00 $195.00 $1,020 +0.31
563–578 572 64 180.00–190.75 $185.18 $1,059 -5.03
706 706 77 176.50 $176.50 $1,246 +6.65
754 754 76 188.00 $188.00 $1,418 +7.45
845 845 13 170.00 $170.00 $1,436 -1.75
887 887 56 170.00 $170.00 $1,508 -6.00
963 963 129 176.00 $176.00 $1,695 +9.50
964 964 57 170.50 $170.50 $1,644 +4.00
1054 1054 55 163.00 $163.00 $1,718 +0.75
1065 1065 9 161.50 $161.50 $1,720 -0.75
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
658 658 36 171.50 $171.50 $1,128 —

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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.