Cattle Market Pulse

Bassett Livestock Auction Market Report

Bassett, Nebraska · USDA-reported Auction Livestock

Sale of Wednesday, February 7, 2024

4,315 head sold ·Official USDA report

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

heavy 6-weight M&L 1 heifers $262.36/cwt +5.28 vs last sale · ≈ $1,752/hd at 668 lb · 392 head
light 6-weight M&L 1 heifers $282.25/cwt +12.87 vs last sale · ≈ $1,760/hd at 623 lb · 368 head
heavy 6-weight M&L 1 steers $287.28/cwt +3.83 vs last sale · ≈ $1,956/hd at 681 lb · 350 head

Receipts

HeadThis saleLast saleLast year
Total receipts 4,315 4,130 4,150
Feeder cattle 4,315 4,130 4,150

Market comments — USDA reporter

Compared with last weeks auction at BLA steers 550 to 700 lbs traded steady to 7.00 higher. Heifer offerings 500 lbs traded 4.00 lower and 550 to 650 lbs offerings traded steady to as much as 13.00 higher. Demand was very good throughout the sale with several buyers today. Warm weather and rain melting a lot of snow in the area. Next Auction Date: Feb 14th Bred Cows and Heifers

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
406–448 431 29 355.00–401.00 $367.11 $1,582 +34.61
503–529 518 149 344.00–348.00 $345.36 $1,789 +21.73
580–598 587 276 300.00–320.00 $310.27 $1,821 +4.43
608–628 612 195 302.50–304.50 $302.95 $1,854 +2.28
666–691 681 350 276.50–290.00 $287.28 $1,956 +7.25
701–744 718 164 265.00–272.50 $268.37 $1,927 +0.31
758–792 784 76 251.00–255.00 $253.98 $1,991 -3.07
832 832 22 243.00 $243.00 $2,022 -8.50
869 869 29 233.50 $233.50 $2,029 -5.50
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
349 349 9 352.50 $352.50 $1,230 —
403–417 408 20 335.00–343.00 $337.86 $1,378 —
466–481 478 35 330.00–338.00 $331.56 $1,585 -16.28
505–534 519 54 311.00–329.00 $319.18 $1,657 +7.31
573–592 576 29 280.00–287.00 $281.24 $1,620 -3.76
619 619 11 280.00 $280.00 $1,733 -5.14
650–675 658 80 265.00–274.50 $270.16 $1,778 —
710–734 722 67 252.00–258.00 $255.24 $1,843 —

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Feeder Heifers

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
363–386 379 20 327.50–355.00 $335.40 $1,271 —
443–448 444 87 321.00–340.00 $324.09 $1,439 +10.09
465–493 473 58 312.00–321.00 $317.22 $1,500 +20.65
510–540 532 265 301.00–312.00 $307.33 $1,635 -4.60
550–596 572 321 281.00–303.00 $289.45 $1,656 +13.67
611 611 117 296.00 $296.00 $1,809 +9.50
622 thin fleshed 622 87 295.50 $295.50 $1,838 —
600–646 633 164 261.00–272.00 $265.42 $1,680 -1.03
667 667 81 280.00 $280.00 $1,868 +17.90
651–685 668 311 246.50–266.00 $257.76 $1,722 -4.34
708–746 726 85 242.00–250.00 $246.05 $1,786 +0.69
761–788 773 322 233.50–236.50 $234.66 $1,814 -0.90
811 811 131 229.00 $229.00 $1,857 —
875 875 62 207.50 $207.50 $1,816 —
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
563–590 572 21 276.00–277.00 $276.34 $1,581 —
636–648 643 89 258.00 $258.00 $1,659 —
701 701 18 235.00 $235.00 $1,647 -0.41
781–799 793 32 215.00–216.00 $215.31 $1,707 -10.69

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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.