Cattle Market Pulse

Bassett Livestock Auction Market Report

Bassett, Nebraska · USDA-reported Auction Livestock

Sale of Wednesday, February 15, 2023

5,560 head sold ·Official USDA report

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

light 6-weight M&L 1 heifers $194.39/cwt +0.08 vs last sale · ≈ $1,199/hd at 617 lb · 533 head
light 6-weight M&L 1 steers $225.10/cwt +17.41 vs last sale · ≈ $1,399/hd at 622 lb · 521 head
heavy 5-weight M&L 1 heifers $196.53/cwt -1.92 vs last sale · ≈ $1,134/hd at 577 lb · 491 head

Receipts

HeadThis saleLast saleLast year
Total receipts 5,560 4,150 3,135
Feeder cattle 5,560 4,150 3,135

Market comments — USDA reporter

Compared with two weeks ago, light weight grass steers , traded 17.00 higher, 650 and 750 lbs steers traded steady. Heifer offerings 500 to 600 lbs traded steady to 5.00 lower and 650 lbs heifers traded steady. Demand was good with several buyers and an active internet. Cold wind today, compared with couple days of warm weather that melted a lot of snow, in the area. No Auction next week. March 1st: Bred Cow and Hall Bull 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
409–449 427 34 241.00–246.00 $243.68 $1,041 +5.68
451–496 475 50 233.00–246.00 $239.42 $1,137 +4.91
506–539 524 211 239.00–250.00 $245.64 $1,287 +20.70
554–597 575 369 225.00–242.00 $232.87 $1,339 +17.17
615 615 177 233.00 $233.00 $1,433 +25.31
600–647 625 287 216.00–229.50 $223.03 $1,394 +15.34
625 625 57 211.00 $211.00 $1,319 +3.31
652–699 672 414 197.00–213.00 $205.18 $1,379 -0.44
706–743 727 293 191.50–200.00 $195.28 $1,420 -2.48
750–789 762 409 188.50–195.00 $193.77 $1,477 +1.15
803–835 825 241 181.00–183.50 $182.23 $1,503 —
871 871 48 186.00 $186.00 $1,620 —
906 906 37 174.50 $174.50 $1,581 —
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
445–449 448 19 227.00 $227.00 $1,017 —
517–540 533 19 217.00–229.00 $220.68 $1,176 —
558–581 575 62 212.00–221.50 $217.34 $1,250 +37.34
690–693 691 102 195.00–197.00 $196.45 $1,357 +16.45
700 700 12 182.00 $182.00 $1,274 —

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Feeder Heifers

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
333 333 22 234.00 $234.00 $779 —
417–449 439 38 200.00–218.00 $204.99 $900 -0.45
450–498 477 191 200.00–213.50 $207.03 $988 -11.73
500–549 528 403 193.50–208.00 $201.78 $1,065 -3.05
555–599 577 491 186.00–205.00 $196.53 $1,134 -1.92
600 600 160 208.25 $208.25 $1,250 +13.94
602–640 624 373 181.00–192.25 $188.44 $1,176 -5.87
657–677 667 223 184.50–201.00 $187.32 $1,249 +8.09
660–692 673 225 177.50–181.00 $178.83 $1,204 -0.40
730–742 739 139 177.00–189.75 $181.16 $1,339 -4.87
754–764 760 86 176.50–180.00 $178.56 $1,357 +5.25
844 844 29 171.25 $171.25 $1,445 —
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
480–491 488 18 180.00–192.00 $188.72 $921 -8.11
598 598 13 183.50 $183.50 $1,097 -5.31
641 641 21 177.50 $177.50 $1,138 -4.37
657–687 680 26 174.50–175.50 $175.28 $1,192 -3.22

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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.