Cattle Market Pulse

Bassett Livestock Auction Market Report

Bassett, Nebraska · USDA-reported Auction Livestock

Sale of Wednesday, January 11, 2023

5,930 head sold ·Official USDA report

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

light 7-weight M&L 1 steers $197.07/cwt -4.58 vs last sale · ≈ $1,421/hd at 721 lb · 1,024 head
light 6-weight M&L 1 steers $214.10/cwt -2.18 vs last sale · ≈ $1,325/hd at 619 lb · 807 head
light 6-weight M&L 1 heifers $192.13/cwt -5.72 vs last sale · ≈ $1,208/hd at 629 lb · 550 head

Receipts

HeadThis saleLast saleLast year
Total receipts 5,930 4,400 5,490
Feeder cattle 5,930 4,400 5,490

Market comments — USDA reporter

Compared with last week 500 lbs steers traded steady, 600 to 700 lbs steers traded 4.00 to 6.00 lower. Heifer offerings 550 to 600 lbs traded 4.00 to 11.00 lower and 650 lbs heifers traded 9.00 higher. Demand was good with several buyers and an active internet. Several loads of replacement heifers in the sale today. Next Auction Date, Jan 18th Special Bred Cow and Heifer Auction

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
408–436 426 37 227.00–239.00 $231.04 $984 —
454 thin fleshed 454 46 253.50 $253.50 $1,151 +2.50
451–485 466 47 231.00–236.00 $233.93 $1,090 -6.58
516–541 533 238 220.00–234.00 $229.23 $1,222 +0.11
568–590 582 33 211.00–212.00 $211.65 $1,232 -16.14
606–613 fancy 609 455 218.00–224.50 $220.49 $1,343 —
605–647 632 352 198.00–213.00 $205.84 $1,301 -6.64
659–697 684 525 192.00–211.00 $204.59 $1,399 -1.41
701–732 721 1,024 193.00–200.00 $197.07 $1,421 -4.58
752–792 769 350 170.00–187.50 $180.65 $1,389 -19.85
804 804 49 180.00 $180.00 $1,447 —
860–875 872 86 170.00–178.75 $177.04 $1,544 —
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
474–492 483 12 212.00–221.00 $216.58 $1,046 -11.42
509–538 521 15 210.00–217.00 $214.11 $1,116 —
560–584 579 44 187.00–208.00 $191.56 $1,109 -16.67
603–641 625 109 181.00–194.00 $192.89 $1,206 —
661 661 26 183.00 $183.00 $1,210 —
710–718 716 96 177.00–186.50 $184.24 $1,319 -9.76

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Feeder Heifers

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
396 396 20 209.00 $209.00 $828 -11.97
413–441 424 34 205.00–215.00 $208.56 $884 -5.15
461–491 476 94 202.50–216.50 $209.83 $999 -19.17
487 fancy 487 61 226.00 $226.00 $1,101 —
516–538 532 94 197.00–207.50 $205.37 $1,093 -9.92
546 fancy 546 108 210.00 $210.00 $1,147 —
552–596 578 233 183.00–199.00 $193.41 $1,118 -11.17
558–598 fancy 588 115 205.00–206.00 $205.25 $1,207 —
602–646 627 342 174.00–189.75 $184.76 $1,158 -4.38
624–635 631 208 197.00–209.00 $204.26 $1,289 +15.12
662–693 673 227 191.00–193.00 $192.20 $1,294 +9.04
654–694 678 113 199.00–205.00 $202.75 $1,375 +19.59
701–719 710 160 190.00–215.00 $202.19 $1,436 +25.24
701–738 716 331 172.75–185.00 $177.77 $1,273 +0.82
754–776 764 150 165.00–167.25 $166.07 $1,269 —
821–823 823 76 155.00–159.50 $158.85 $1,307 —
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
455 455 7 191.00 $191.00 $869 —
508–542 532 73 181.00–193.00 $186.81 $994 -14.77
558–591 568 24 172.00–185.00 $175.95 $999 -14.05
638 638 12 179.00 $179.00 $1,142 -8.00
671–689 680 100 163.00–175.00 $169.17 $1,150 +6.17
716–732 729 36 164.00–165.00 $164.16 $1,197 —

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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.