Cattle Market Pulse

Bassett Livestock Auction Market Report

Bassett, Nebraska · USDA-reported Auction Livestock

Sale of Wednesday, May 10, 2023

4,990 head sold ·Official USDA report

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

heavy 6-weight M&L 1 steers $253.28/cwt +4.73 vs last sale · ≈ $1,691/hd at 668 lb · 585 head
light 7-weight M&L 1 steers $237.43/cwt +4.53 vs last sale · ≈ $1,672/hd at 704 lb · 329 head
heavy 4-weight M&L 1 heifers $276.43/cwt +8.12 vs last sale · ≈ $1,310/hd at 474 lb · 295 head

Receipts

HeadThis saleLast saleLast year
Total receipts 4,990 5,820 1,360
Feeder cattle 4,990 5,820 1,360

Market comments — USDA reporter

Compared with two weeks ago, 550 to 700 lbs steers traded steady to 14.00 higher and comparable heifer offerings 400 to 550 lbs offerings traded steady to 9.00 lower and 600 lbs heifers traded 9.00 higher. Demand was good with several buyers for light weight grass calves. Some yearling offerings at the barn today due to grass conditions. The Sandhills have been getting a few rain showers and pastures are slowly greening up. Next auction Date May 17th Special Bred Cow and Pair 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
335–347 338 35 316.00–318.00 $316.59 $1,070 —
361–397 370 80 300.00–318.00 $312.93 $1,158 +5.43
405–448 426 206 299.00–309.50 $304.32 $1,296 -9.72
463 fancy 463 42 305.00 $305.00 $1,412 —
452–497 477 173 287.00–298.00 $294.28 $1,404 -9.11
492 thin fleshed 492 35 312.50 $312.50 $1,538 —
500–531 522 57 286.00–293.00 $290.48 $1,516 +6.12
513–540 fancy 528 238 306.00–307.25 $306.55 $1,619 —
553–574 565 130 270.50–283.00 $276.21 $1,561 +9.02
593 fancy 593 47 287.00 $287.00 $1,702 —
603–643 620 178 260.00–275.00 $269.85 $1,673 +14.62
654 thin fleshed 654 90 273.00 $273.00 $1,785 +12.00
650–699 670 495 241.50–255.00 $249.70 $1,673 +1.69
704–708 704 329 233.50–238.00 $237.43 $1,672 +20.43
842 842 14 206.00 $206.00 $1,735 -9.84
881 881 54 202.00 $202.00 $1,780 +1.00
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
374 374 7 311.00 $311.00 $1,163 —
426–444 434 15 280.00–282.00 $280.95 $1,219 -1.55
490–491 490 30 281.00–284.00 $283.00 $1,387 +4.65
512–535 522 33 280.00–283.00 $281.60 $1,470 +16.60
557 557 7 261.00 $261.00 $1,454 +8.12
621 621 16 250.00 $250.00 $1,552 +6.00
710–738 724 28 216.00 $216.00 $1,564 —
Medium 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
591 591 89 256.00 $256.00 $1,513 —

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Feeder Heifers

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
301–341 318 53 290.00–301.00 $295.58 $940 —
380–392 384 130 275.00–289.00 $282.51 $1,085 -11.99
412–433 424 123 274.00–287.00 $280.54 $1,189 -9.14
453–493 474 295 270.00–285.00 $276.43 $1,310 +15.93
507 fancy 507 131 300.00 $300.00 $1,521 —
505–538 517 114 250.00–268.00 $256.40 $1,326 -1.96
550–593 562 158 230.00–240.00 $232.73 $1,308 -2.09
584 fancy 584 97 252.00 $252.00 $1,472 —
597 597 39 242.50 $242.50 $1,448 +7.68
607–626 611 203 233.00–239.75 $236.83 $1,447 +9.71
658 658 80 235.00 $235.00 $1,546 +13.00
650–691 684 86 221.00–222.50 $221.15 $1,513 -0.85
772 772 41 201.50 $201.50 $1,556 —
785 785 70 199.00 $199.00 $1,562 —
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
384 384 8 269.00 $269.00 $1,033 -0.32
428–442 436 48 257.50–270.00 $265.43 $1,157 +11.51
456–492 476 117 255.00–268.00 $264.03 $1,257 +16.34
507–547 526 66 230.00–247.00 $239.76 $1,261 -7.48
669 669 8 211.50 $211.50 $1,415 +10.66
736 736 8 190.00 $190.00 $1,398 +2.20
Medium 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
621 621 90 229.00 $229.00 $1,422 —
716 716 138 208.75 $208.75 $1,495 —

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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.