Cattle Market Pulse

Bassett Livestock Auction Market Report

Bassett, Nebraska · USDA-reported Auction Livestock

Sale of Wednesday, November 8, 2023

3,250 head sold ·Official USDA report

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

heavy 5-weight M&L 1 steers $289.40/cwt -0.59 vs last sale · ≈ $1,679/hd at 580 lb · 648 head
light 5-weight M&L 1 steers $327.79/cwt +24.53 vs last sale · ≈ $1,683/hd at 513 lb · 366 head
heavy 4-weight M&L 1 steers $335.89/cwt +13.61 vs last sale · ≈ $1,592/hd at 474 lb · 229 head

Receipts

HeadThis saleLast saleLast year
Total receipts 3,250 1,890 3,220
Feeder cattle 3,250 1,890 3,220

Market comments — USDA reporter

Compared with last week 450 and 500 lbs steers traded 13.00 to 19.00 higher, 550 lbs steers traded 2.00 lower, and 500 lbs heifer offering traded 7.00 lower. Demand was good with several buyers and active internet bidding. Warmer weather in the Sandhills of NE. Next auction Date: Nov 15th Special Calves and Yearlings

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
319–321 320 27 362.00–370.00 $366.14 $1,172 —
374–393 390 68 340.00–369.00 $364.91 $1,423 —
412–440 432 105 337.00–357.00 $344.29 $1,487 —
455–498 474 229 328.00–342.00 $335.89 $1,592 +13.61
502 fancy 502 90 344.00 $344.00 $1,727 —
501–542 517 276 311.00–338.00 $322.51 $1,667 +19.25
559–565 fancy 564 100 298.00–299.50 $299.29 $1,688 —
550–599 583 548 280.00–292.50 $287.59 $1,677 -2.40
611–641 628 129 278.50–279.50 $279.06 $1,752 —
650 650 28 264.50 $264.50 $1,719 +5.10
661 fancy 661 131 285.00 $285.00 $1,884 -12.00
745 745 26 260.50 $260.50 $1,941 +12.09
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
327 327 8 328.00 $328.00 $1,073 —
383–386 383 38 330.00–339.00 $331.43 $1,269 —
414–431 423 72 322.00–329.00 $325.42 $1,377 +6.42
484–491 489 67 270.00–313.00 $299.00 $1,462 —
518–536 528 156 300.00–306.00 $304.11 $1,606 +11.61
553–586 573 51 245.00–271.00 $258.61 $1,482 -11.78
617–646 637 53 260.50–266.00 $262.11 $1,670 —
669–690 687 66 235.00–251.00 $248.64 $1,708 —

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Feeder Heifers

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
371 371 58 362.50 $362.50 $1,345 —
400–447 431 188 282.50–296.00 $285.80 $1,232 +12.30
469–485 475 84 278.00–285.00 $281.58 $1,338 +13.32
513–539 526 154 263.00–275.00 $271.64 $1,429 -7.20
562–595 580 70 231.00–246.00 $240.87 $1,397 -30.13
646 646 15 215.00 $215.00 $1,389 —
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
313–346 333 30 310.00–330.00 $317.52 $1,057 —
362–373 368 11 298.00–299.00 $298.45 $1,098 —
433 433 22 275.00 $275.00 $1,191 +11.00
456–495 483 97 264.00–266.00 $264.74 $1,279 —
520 520 12 241.00 $241.00 $1,253 -18.00

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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.