Cattle Market Pulse

Bassett Livestock Auction Market Report

Bassett, Nebraska · USDA-reported Auction Livestock

Sale of Wednesday, November 15, 2023

2,870 head sold ·Official USDA report

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

light 5-weight M&L 1 steers $308.34/cwt -19.45 vs last sale · ≈ $1,619/hd at 525 lb · 317 head
heavy 6-weight M&L 1 steers $258.98/cwt -22.41 vs last sale · ≈ $1,717/hd at 663 lb · 279 head
heavy 5-weight M&L 1 steers $276.94/cwt -12.46 vs last sale · ≈ $1,608/hd at 581 lb · 215 head

Receipts

HeadThis saleLast saleLast year
Total receipts 2,870 3,250 2,300
Feeder cattle 2,870 3,250 2,300

Market comments — USDA reporter

Compared with last week, 500 to 600 lbs steers traded 12.00 to 17.00 lower and 500 lbs heifers traded 9.00 lower. Demand was moderate to good. Warmer weather in the area. Next Auction Date Nov 29th Bred Cows and Pairs

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
357 357 7 292.00 $292.00 $1,042 -72.91
435 435 22 321.00 $321.00 $1,396 -23.29
451–469 462 60 317.00–338.00 $332.65 $1,537 -3.24
501–549 525 317 297.00–322.00 $308.34 $1,619 -14.17
580 thin fleshed 580 44 285.00 $285.00 $1,653 —
551–596 581 171 265.00–280.50 $274.86 $1,597 -12.73
603–631 621 163 251.00–267.00 $261.27 $1,622 -17.79
652–693 663 279 253.50–265.00 $258.98 $1,717 -5.52
712–739 730 53 254.50–255.75 $254.91 $1,861 -5.59
737 fancy 737 116 266.50 $266.50 $1,964 —
865–897 886 191 243.50–246.00 $244.37 $2,165 —
924 924 65 241.25 $241.25 $2,229 —
1007 1007 150 237.50 $237.50 $2,392 —
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
420 420 7 300.00 $300.00 $1,260 -25.42
462 462 6 290.00 $290.00 $1,340 -9.00
558–578 573 22 241.00–261.00 $256.58 $1,470 -2.03
602–634 616 53 242.00–246.50 $244.10 $1,504 -18.01
650–672 668 58 225.00–236.50 $233.72 $1,561 -14.92
713–726 718 19 208.00–240.00 $228.08 $1,638 —
770 770 14 218.00 $218.00 $1,679 —
809 809 22 221.00 $221.00 $1,788 —

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Feeder Heifers

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
386 386 17 277.00 $277.00 $1,069 -85.50
412–443 426 44 270.00–274.00 $272.08 $1,159 -13.72
468–493 479 70 261.00–271.00 $263.17 $1,261 -18.41
502–510 506 118 252.50–267.50 $261.83 $1,325 -9.81
552–585 567 116 251.00–255.00 $252.71 $1,433 +11.84
609–610 609 58 250.00–251.00 $250.48 $1,525 —
681 681 16 220.00 $220.00 $1,498 —
887–890 890 75 207.00–223.25 $221.09 $1,968 —
983 983 81 219.75 $219.75 $2,160 —
1114 1114 39 194.00 $194.00 $2,161 —
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
536 536 27 241.00 $241.00 $1,292 ±0.00
617–622 619 40 225.00–235.00 $229.02 $1,418 —
669 669 13 211.00 $211.00 $1,412 —
669 669 6 210.00 $210.00 $1,405 —

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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.