Cattle Market Pulse

Bassett Livestock Auction Market Report

Bassett, Nebraska · USDA-reported Auction Livestock

Sale of Wednesday, November 1, 2023

1,890 head sold ·Official USDA report

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

heavy 6-weight M&L 1 steers $268.50/cwt +12.54 vs last sale · ≈ $1,764/hd at 657 lb · 574 head
light 9-weight M&L 1 steers $250.23/cwt +4.48 vs last sale · ≈ $2,275/hd at 909 lb · 244 head
light 6-weight M&L 1 steers $276.44/cwt -7.18 vs last sale · ≈ $1,747/hd at 632 lb · 174 head

Receipts

HeadThis saleLast saleLast year
Total receipts 1,890 3,390 2,345
Feeder cattle 1,890 3,390 2,345

Market comments — USDA reporter

Compared with last week 550 lbs steers traded 3.00 higher, 600 lbs steers traded 8.00 lower, 900 lbs steers traded 4.00 higher, and 500 lbs heifer offerings traded steady. Demand was good, with several buyers today. A long week of cold weather in the Sandhills

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
451–485 472 113 314.00–326.00 $322.28 $1,521 -20.70
501–545 535 55 297.00–305.00 $303.26 $1,622 -17.44
561–578 567 129 287.00–298.00 $289.99 $1,644 +3.75
607–637 unweaned 632 174 271.50–278.50 $276.44 $1,747 -8.30
652 unweaned 652 433 264.00 $264.00 $1,721 ±0.00
650–679 670 55 254.00–271.00 $259.40 $1,738 +6.72
674 fancy 674 86 297.00 $297.00 $2,002 —
711 711 32 247.00–250.00 $248.41 $1,766 -19.65
766 766 11 243.00 $243.00 $1,861 —
850 850 8 246.00 $246.00 $2,091 ±0.00
900–917 909 244 249.50–251.00 $250.23 $2,275 +4.48
Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1050–1055 1052 157 236.00 $236.00 $2,483 —
1197 1197 55 221.50 $221.50 $2,651 —
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
418 418 8 319.00 $319.00 $1,333 -4.00
523 523 37 292.50 $292.50 $1,530 -2.10
579–596 588 49 259.00–272.00 $270.39 $1,590 -3.27
621 unweaned 621 53 256.00 $256.00 $1,590 —

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Feeder Heifers

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
417 417 17 273.50 $273.50 $1,140 -30.97
456–492 474 58 265.00–270.00 $268.26 $1,272 -21.33
513–526 521 105 276.00–285.00 $278.84 $1,453 +0.40
570 570 24 271.00 $271.00 $1,545 +6.20
600–628 610 19 240.00–246.00 $243.73 $1,487 +1.59
605–623 unweaned 617 107 240.00–243.25 $241.17 $1,488 —
721 721 17 237.00 $237.00 $1,709 -4.71
961 961 20 226.50 $226.50 $2,177 ±0.00
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
413 413 8 264.00 $264.00 $1,090 -24.08
500 500 35 259.00 $259.00 $1,295 +1.89
592 592 24 251.00 $251.00 $1,486 +1.00
818 818 5 222.50 $222.50 $1,820 —

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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.