Cattle Market Pulse

Bassett Livestock Auction Market Report

Bassett, Nebraska · USDA-reported Auction Livestock

Sale of Wednesday, May 8, 2024

1,840 head sold ·Official USDA report

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

heavy 6-weight M&L 1 steers $308.08/cwt +10.34 vs last sale · ≈ $2,030/hd at 659 lb · 344 head
light 6-weight M&L 1 steers $317.27/cwt +0.59 vs last sale · ≈ $1,945/hd at 613 lb · 285 head
light 9-weight M&L 1 steers $240.04/cwt ≈ $2,254/hd at 939 lb · 97 head
HeadThis saleLast saleLast year
Total receipts 1,840 3,500 4,990
Feeder cattle 1,840 3,500 4,990

A limited number of comparable offerings from two weeks ago, with 600 to 650 lbs steers trading 8.00 to 10.00 higher. No comparable offerings for heifers. Demand was good with several buyers and active internet bidding. Next Auction Dates for May 15th Carlson Cattle Co Angus Bull Auction and Special Bred Cows and Pairs, Weigh Ups at 9:00 am, May 22 No Sale

New to these tables? Plain-English explainers ↓

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
353 353 16 470.00 $470.00 $1,659 +52.50
403 403 58 445.00 $445.00 $1,793 +27.50
451–468 462 80 394.00–445.00 $408.65 $1,888 +9.40
518–540 526 47 350.00–358.00 $355.03 $1,867 -3.97
563–572 568 54 330.00–347.50 $340.40 $1,933 -0.12
607–648 613 285 310.00–322.50 $317.27 $1,945 +8.78
653–676 659 344 307.75–309.00 $308.08 $2,030 +10.34
781 781 42 260.00 $260.00 $2,031 -17.42
874 874 68 248.75 $248.75 $2,174 -8.75
934–947 939 97 230.50–245.50 $240.04 $2,254
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
547 547 14 330.00 $330.00 $1,805 -3.00
559–590 564 58 327.50–328.00 $327.58 $1,848 +10.99
608–632 615 20 303.00–306.00 $303.92 $1,869 +11.49
666–667 667 23 281.00–285.00 $283.44 $1,891 +4.44
792 792 10 240.50 $240.50 $1,905 -5.50
894 894 15 230.00 $230.00 $2,056

↑ Back to top

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
351–387 373 48 365.00–395.00 $383.82 $1,432 +23.82
420–446 431 28 340.00–359.00 $348.70 $1,503 -9.35
467–499 484 88 337.00–363.00 $347.76 $1,683 +18.39
533–535 534 28 309.00–332.00 $319.66 $1,707 -3.46
556–599 582 47 280.00–298.00 $289.43 $1,684 -20.76
651 651 34 285.25 $285.25 $1,857
734 734 72 258.50 $258.50 $1,897 -3.02
760–798 790 59 230.00–236.50 $235.12 $1,857 -6.10
878 878 17 216.00 $216.00 $1,896
903 903 12 206.00 $206.00 $1,860 -9.50
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
355 355 10 335.00 $335.00 $1,189
457 457 6 320.00 $320.00 $1,462 +0.68
532 532 16 296.00 $296.00 $1,575 -12.22
735 735 6 241.00 $241.00 $1,771 -3.82

↑ Back to top

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.