Cattle Market Pulse

Bassett Livestock Auction Market Report

Bassett, Nebraska · USDA-reported Auction Livestock

Sale of Wednesday, February 1, 2023

4,150 head sold ·Official USDA report

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

light 6-weight M&L 1 heifers $194.31/cwt +12.13 vs last sale · ≈ $1,234/hd at 635 lb · 615 head
light 5-weight M&L 1 heifers $204.83/cwt +7.65 vs last sale · ≈ $1,086/hd at 530 lb · 409 head
heavy 6-weight M&L 1 steers $205.62/cwt +8.84 vs last sale · ≈ $1,386/hd at 674 lb · 399 head

Receipts

HeadThis saleLast saleLast year
Total receipts 4,150 6,205 2,985
Feeder cattle 4,150 6,205 2,985

Market comments — USDA reporter

Compared with last week 650 and 750 lbs steers traded 8.00 to 9.00 higher, heifer offerings 550 to 650 lbs traded steady to 12.00 higher. Demand was good with several buyers in the seats today and active internet bidding. Very cold weather in the area with wind chills below zero. Next Auction Dates for Feb 8th Special Bred Cow Auction, Feb 15th Special Feeder Cattle 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
437 437 6 238.00 $238.00 $1,040 -1.00
458–488 475 60 232.50–242.00 $234.51 $1,114 -1.30
522–548 533 62 220.00–236.00 $224.94 $1,199 -9.47
556–580 572 344 211.00–217.00 $215.70 $1,234 -4.33
619–640 636 78 195.00–215.00 $207.69 $1,321 -1.73
674–679 674 399 202.50–206.00 $205.62 $1,386 +8.84
704–726 714 21 197.50–198.00 $197.76 $1,412 +1.82
757–773 762 259 183.75–197.25 $192.62 $1,468 +9.84
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
557 557 9 180.00 $180.00 $1,003 -20.90
660 660 8 190.50 $190.50 $1,257 +11.41
694 694 14 180.00 $180.00 $1,249 +0.91
828 828 18 170.00 $170.00 $1,408 —
851 851 25 186.50 $186.50 $1,587 —
978 978 19 179.50 $179.50 $1,756 —

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Feeder Heifers

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
407–419 412 122 200.00–216.00 $205.44 $846 +13.44
452–494 487 152 207.00–223.00 $218.76 $1,065 +17.74
507–549 530 409 197.50–208.00 $204.83 $1,086 +7.65
555–593 575 332 194.00–202.00 $198.45 $1,141 +9.34
604–647 635 615 186.50–208.00 $194.31 $1,234 +12.13
664–691 675 143 176.00–181.00 $179.23 $1,210 +0.75
679–698 688 73 185.00 $185.00 $1,273 +6.52
700–714 706 216 182.50–190.50 $186.03 $1,313 -1.97
762–789 770 97 168.50–175.50 $173.31 $1,334 +13.31
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
456–493 484 71 190.50–206.00 $196.83 $953 —
516–544 524 87 190.50–194.50 $193.23 $1,013 +10.23
550–585 564 91 187.00–191.00 $188.81 $1,065 +12.81
622–644 638 128 175.00–184.50 $181.87 $1,160 +7.04
698 698 22 178.50 $178.50 $1,246 +13.27
842 842 33 176.00 $176.00 $1,482 —

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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.