Cattle Market Pulse

Bassett Livestock Auction Market Report

Bassett, Nebraska · USDA-reported Auction Livestock

Sale of Wednesday, July 26, 2023

4,025 head sold ·Official USDA report

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

heavy 9-weight M&L 1 steers $248.63/cwt -3.27 vs last sale · ≈ $2,444/hd at 983 lb · 703 head
light 9-weight M&L 1 steers $262.36/cwt +7.36 vs last sale · ≈ $2,398/hd at 914 lb · 492 head
heavy 8-weight M&L 1 heifers $252.75/cwt +19.53 vs last sale · ≈ $2,189/hd at 866 lb · 324 head

Receipts

HeadThis saleLast saleLast year
Total receipts 4,025 6,980 8,230
Feeder cattle 4,025 6,980 8,230

Market comments — USDA reporter

Compared with two weeks ago, 600 and 900 lbs steers traded 5.00 to 7.00 higher, 950 lbs steers traded 3.00 lower and 1000 lbs steers traded 2.00 higher. Heifer offerings 550 lbs traded 11.00 lower and 700 lbs offerings traded steady. Demand was good for the day with several buyers and active internet bidding. The heat has hit the Sandhills of Nebraska with high humidity. Next Auction Dates Aug 9th and 23rd

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
394 394 16 345.00 $345.00 $1,359 —
438 438 5 340.00 $340.00 $1,489 +17.50
473 473 53 328.50 $328.50 $1,554 -5.61
502–544 537 45 325.50–329.50 $326.17 $1,752 +3.49
553–590 568 80 300.00–319.00 $310.50 $1,764 -14.28
627–633 629 166 299.00–315.75 $311.86 $1,962 +5.43
676–690 684 34 278.00–289.00 $284.20 $1,944 -6.99
706–743 733 90 279.00–285.50 $280.74 $2,058 +1.30
751 751 20 264.00 $264.00 $1,983 -8.25
817 817 20 246.00 $246.00 $2,010 -3.15
865 865 73 262.75 $262.75 $2,273 +6.12
905–933 914 492 258.00–266.00 $262.36 $2,398 +7.70
978 978 110 249.75 $249.75 $2,443 -2.05
959–996 984 593 233.50–253.25 $248.42 $2,444 -3.38
1018–1037 1026 417 235.00–246.00 $241.25 $2,475 +2.08
1053–1056 1055 437 241.00–243.25 $241.78 $2,551 -5.47
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
406 406 7 312.50 $312.50 $1,269 —
765 765 16 250.50 $250.50 $1,916 -8.86
873 873 15 246.00 $246.00 $2,148 —

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Feeder Heifers

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
417 417 19 297.50 $297.50 $1,241 —
476–498 486 23 278.00–290.00 $283.32 $1,377 -28.25
566–595 575 167 270.00–289.50 $283.29 $1,629 -11.61
618–638 634 126 262.50–268.00 $264.02 $1,674 -8.38
657–669 666 128 258.50–265.00 $260.14 $1,733 -16.36
701–742 709 133 253.50–258.00 $256.62 $1,819 +1.00
751–766 758 49 243.50–254.00 $247.28 $1,874 +2.28
825 825 34 240.00 $240.00 $1,980 -7.94
849 849 64 247.50 $247.50 $2,101 —
866 866 324 252.75 $252.75 $2,189 +19.53
908 908 30 210.00 $210.00 $1,907 +2.00
1015 1015 62 215.25 $215.25 $2,185 +10.25
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
479 479 18 275.50 $275.50 $1,320 -20.52
508 508 7 265.00 $265.00 $1,346 -31.00
597 597 19 267.00 $267.00 $1,594 -13.80

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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.