Cattle Market Pulse

Bassett Livestock Auction Market Report

Bassett, Nebraska · USDA-reported Auction Livestock

Sale of Wednesday, January 17, 2024

3,490 head sold ·Official USDA report

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

light 7-weight M&L 1 steers $254.29/cwt -0.90 vs last sale · ≈ $1,858/hd at 731 lb · 715 head
heavy 6-weight M&L 1 steers $275.36/cwt +13.52 vs last sale · ≈ $1,830/hd at 665 lb · 599 head
light 6-weight M&L 1 steers $287.34/cwt -0.08 vs last sale · ≈ $1,842/hd at 641 lb · 363 head
HeadThis saleLast saleLast year
Total receipts 3,490 3,300 5,930
Feeder cattle 3,490 3,300 5,930

Compared with last week 600 to 700 lbs steers traded unevenly steady, and 750 lbs steers with a very high demand traded 18.00 higher. A limited number of heifer offerings today with 650 lbs trading 10.00 higher. Demand was good with several buyers at the sale today. Next Auction Dates Jan 24th Special Bred cow and heifer auction, Jan 31st Special Feeder cattle auction.

New to these tables? Plain-English explainers ↓

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
441 441 15 324.50 $324.50 $1,431 -6.20
477 477 22 320.00 $320.00 $1,526 -3.34
502–542 526 88 304.00–321.50 $312.58 $1,644 -6.02
562–594 577 271 296.00–308.00 $303.71 $1,752
622–647 641 363 279.00–288.00 $287.34 $1,842 +5.43
653–664 fancy 660 406 280.75–286.50 $283.13 $1,869
650–683 674 193 255.00–274.00 $259.03 $1,746 -2.81
724 724 45 245.00 $245.00 $1,774 -10.19
713–746 731 670 241.00–267.50 $254.91 $1,863 -0.28
753–774 765 305 244.00–252.50 $246.72 $1,887 +18.18
809–834 826 198 232.00–241.25 $236.35 $1,952 +1.35
904 904 20 217.00 $217.00 $1,962
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
532 532 10 296.00 $296.00 $1,575 -7.15
590–594 592 45 260.00–288.00 $274.36 $1,624
643 643 28 266.00 $266.00 $1,710 +3.73
681–688 686 26 241.00–247.00 $244.94 $1,680
761 761 15 237.00 $237.00 $1,804

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
405 405 14 285.50 $285.50 $1,156 -21.78
540 540 27 266.00 $266.00 $1,436 -3.50
550–586 566 40 256.50–273.00 $266.38 $1,508 -9.88
629 629 28 250.50 $250.50 $1,576 -3.78
657–674 663 121 247.50–253.50 $251.23 $1,666 +10.64
717–718 718 103 243.00–245.00 $243.89 $1,751 +10.18
735–743 740 61 219.00–223.00 $221.50 $1,639 -12.21
779 779 15 205.50 $205.50 $1,601 -9.50
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
586 586 12 244.00 $244.00 $1,430 -15.00
601–631 614 16 233.50–244.00 $238.22 $1,463 -23.85
679 679 20 234.00 $234.00 $1,589 +8.50
723 723 35 215.00 $215.00 $1,554 -1.00
805 805 16 197.00 $197.00 $1,586

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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.