Cattle Market Pulse

Bassett Livestock Auction Market Report

Bassett, Nebraska · USDA-reported Auction Livestock

Sale of Wednesday, August 23, 2023

570 head sold ·Official USDA report

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

heavy 5-weight M&L 1 heifers $275.83/cwt -5.24 vs last sale · ≈ $1,581/hd at 573 lb · 64 head
light 6-weight M&L 1 heifers $269.00/cwt -5.28 vs last sale · ≈ $1,695/hd at 630 lb · 52 head
heavy 9-weight M&L 1 heifers $234.43/cwt +1.43 vs last sale · ≈ $2,286/hd at 975 lb · 52 head
HeadThis saleLast saleLast year
Total receipts 570 2,850 3,735
Feeder cattle 570 2,550 3,735
Replacement cattle 300

No comparable offerings from two weeks ago a trend will not be given for steers or heifers. Demand was good for all offerings. Next Auction Dates: Sept 6th 20th and 27th.

New to these tables? Plain-English explainers ↓

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
467 unweaned 467 14 337.50 $337.50 $1,576
579 579 7 289.00 $289.00 $1,673 -22.03
606 606 9 292.00 $292.00 $1,770 -17.24
693 693 22 286.75 $286.75 $1,987
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
431 431 20 273.00 $273.00 $1,177 -47.00
592 592 9 270.00 $270.00 $1,598
605 605 13 278.00 $278.00 $1,682 +18.00

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
446 unweaned 446 11 302.50 $302.50 $1,349
561–576 573 64 275.00–276.00 $275.83 $1,581 -5.24
616–636 630 52 269.00 $269.00 $1,695 -5.28
685–699 692 23 242.50–243.50 $243.03 $1,682 -16.47
752 752 7 239.50 $239.50 $1,801 -11.50
877 877 30 242.75 $242.75 $2,129 -5.00
908–945 934 36 230.00–236.75 $232.06 $2,167 -8.32
969–977 975 52 232.00–235.00 $234.43 $2,286 +1.43
1018–1030 1018 68 223.00–234.25 $233.29 $2,375 +1.08
1060 1060 14 220.00 $220.00 $2,332
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
530 530 16 266.00 $266.00 $1,410
558 558 5 269.00 $269.00 $1,501 -1.00
613–624 620 13 239.00–249.00 $245.20 $1,520 -9.80
660 660 24 240.50 $240.50 $1,587
741 741 6 231.00 $231.00 $1,712

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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.