Cattle Market Pulse

Bassett Livestock Auction Market Report

Bassett, Nebraska · USDA-reported Auction Livestock

Sale of Wednesday, January 3, 2024

4,230 head sold ·Official USDA report

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

heavy 5-weight M&L 1 steers $294.28/cwt +3.86 vs last sale · ≈ $1,696/hd at 576 lb · 567 head
light 6-weight M&L 1 heifers $262.94/cwt +9.94 vs last sale · ≈ $1,658/hd at 630 lb · 474 head
light 6-weight M&L 1 steers $296.05/cwt +11.35 vs last sale · ≈ $1,837/hd at 621 lb · 448 head
HeadThis saleLast saleLast year
Total receipts 4,230 3,730 3,740
Feeder cattle 4,230 3,730 3,740

Happy New Year. No recent test of market, for accurate comparison, a trend will not be given. Demand was very good today with several buyers and very active internet bidders. Next Auction Dates for Jan 10th 17th and 31st Special Feeder cattle auctions Jan 24th Special Bred cow and heifer auction

New to these tables? Plain-English explainers ↓

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
415–448 423 163 350.00–369.00 $362.58 $1,534 +30.58
452 fancy 452 40 344.00 $344.00 $1,555
458–492 488 177 319.00–329.00 $321.47 $1,569 +12.18
513 thin fleshed 513 41 331.50 $331.50 $1,701
526 fancy 526 111 323.50 $323.50 $1,702
526–539 529 103 295.00–309.00 $305.26 $1,615 +4.59
553 fancy 553 95 313.00 $313.00 $1,731
551–595 581 472 285.50–306.00 $290.51 $1,688 +0.09
606–617 fancy 609 241 299.00–302.50 $301.59 $1,837 -3.41
627–643 634 207 285.00–293.50 $289.59 $1,836 +12.73
661–697 683 337 258.50–277.00 $265.86 $1,816 +3.62
709–723 718 273 260.50–263.75 $261.48 $1,877 +9.83
766 766 75 254.00 $254.00 $1,946 +13.64
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
474 474 6 289.00 $289.00 $1,370 -1.00
614–633 630 201 251.00–268.00 $266.19 $1,677 +3.78
741 741 14 240.00 $240.00 $1,778 -0.74

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
344 344 6 270.00 $270.00 $929
435 435 38 311.00 $311.00 $1,353 +29.71
452–469 463 57 302.00–305.50 $304.38 $1,409 +23.19
510–546 535 177 282.00–286.50 $283.63 $1,517 +13.63
553–564 559 370 273.00–287.00 $277.46 $1,551 +14.65
627 627 151 271.00 $271.00 $1,699 +18.00
614–639 632 323 248.00–266.00 $259.17 $1,638 +6.17
702 702 85 249.00 $249.00 $1,748
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
440 440 13 288.00 $288.00 $1,267 +22.00
489 489 7 284.00 $284.00 $1,389
533 533 20 258.00 $258.00 $1,375 +6.00
609–643 619 43 230.00–245.00 $240.64 $1,490 +0.14

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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.