Cattle Market Pulse

Bassett Livestock Auction Market Report

Bassett, Nebraska · USDA-reported Auction Livestock

Sale of Wednesday, October 26, 2022

3,095 head sold ·Official USDA report

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

light 5-weight M&L 1 steers $227.73/cwt +12.16 vs last sale · ≈ $1,175/hd at 516 lb · 430 head
heavy 5-weight M&L 1 steers $209.50/cwt +1.50 vs last sale · ≈ $1,213/hd at 579 lb · 278 head
heavy 6-weight M&L 1 steers $218.36/cwt ≈ $1,445/hd at 662 lb · 264 head

Receipts

HeadThis saleLast saleLast year
Total receipts 3,095 2,380 3,170
Feeder cattle 3,095 2,380 3,170

Market comments — USDA reporter

Compared with two weeks ago 500 to 600 lbs steers traded unevenly steady with no comparable offerings for heifers a trend will not be given. Demand was good with several buyers and an active internet bidding. Next Auction Dates: Nov 2nd and 9th Special Calves and 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
339–342 341 43 240.00–254.00 $250.77 $855 —
413–437 420 49 228.00–241.00 $235.61 $990 +5.61
414–428 fancy 426 112 254.00–260.00 $255.48 $1,088 —
450–485 476 84 234.00–247.00 $236.61 $1,126 +10.39
509–510 fancy 509 164 231.00–241.00 $237.28 $1,208 —
503–544 520 266 219.50–225.50 $221.85 $1,154 +6.28
552–597 571 190 200.00–213.00 $204.64 $1,168 -3.36
597 fancy 597 88 220.00 $220.00 $1,313 —
610–637 unweaned 619 222 194.00–213.00 $202.75 $1,255 -5.20
660–663 661 241 219.00–222.00 $220.02 $1,454 —
669 unweaned 669 23 201.00 $201.00 $1,345 —
700–704 unweaned 701 67 199.50–206.00 $203.66 $1,428 +20.14
738 738 74 210.00 $210.00 $1,550 +30.00
925 925 31 178.50 $178.50 $1,651 -5.96
999 999 42 169.00 $169.00 $1,688 -16.32
1002 1002 12 164.00 $164.00 $1,643 -19.75
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
399 399 9 226.00 $226.00 $902 ±0.00
429–431 430 39 221.00–224.00 $222.31 $956 +5.31
474–493 482 16 204.00–221.00 $213.40 $1,029 +2.40
509–528 523 42 200.00–214.00 $207.17 $1,083 +10.03
556 556 6 199.00 $199.00 $1,106 —
617–618 unweaned 617 35 181.00–190.00 $185.12 $1,142 —
650 650 8 195.00 $195.00 $1,268 —

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Feeder Heifers

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
321–347 326 32 219.00–229.00 $227.00 $740 —
363–399 392 100 214.00–225.00 $220.56 $865 +11.56
400–443 426 96 210.25–217.00 $214.03 $912 -2.47
454–497 479 225 191.00–205.50 $199.52 $956 -1.80
502–531 508 45 194.00–200.50 $197.50 $1,003 +2.50
550–561 553 162 184.50–190.00 $187.92 $1,039 +2.74
611–646 unweaned 627 87 173.50–182.00 $179.26 $1,124 —
638 638 8 177.00 $177.00 $1,129 —
686 686 33 179.75 $179.75 $1,233 —
740 740 24 174.00 $174.00 $1,288 -2.50
913–936 922 16 172.00–175.00 $173.31 $1,598 —
1034–1045 1037 30 160.00–161.00 $160.27 $1,662 —
1060 1060 14 157.00 $157.00 $1,664 -4.50
1174 1174 5 147.00 $147.00 $1,726 —
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
314 314 6 211.00 $211.00 $663 —
399 399 7 208.00 $208.00 $830 —
505–534 527 29 182.00–190.00 $184.77 $974 —
555 555 14 180.00 $180.00 $999 —

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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.