Cattle Market Pulse

Bassett Livestock Auction Market Report

Bassett, Nebraska · USDA-reported Auction Livestock

Sale of Wednesday, May 29, 2024

1,480 head sold ·Official USDA report

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

heavy 6-weight M&L 1 steers $314.78/cwt +6.70 vs last sale · ≈ $2,141/hd at 680 lb · 189 head
heavy 5-weight M&L 1 heifers $312.59/cwt +23.16 vs last sale · ≈ $1,796/hd at 575 lb · 152 head
heavy 5-weight M&L 1 steers $356.20/cwt +15.80 vs last sale · ≈ $2,070/hd at 581 lb · 141 head
HeadThis saleLast saleLast year
Total receipts 1,480 1,840 4,990
Feeder cattle 1,480 1,840 4,990

No recent test of market for an accurate comparison a trend will not be given for steers or heifers. Demand was good, a higher undertone should be noted. Next Auction Dates for June 12th Special Bred Cow and Pairs Auction, Weigh Ups at 9 am

New to these tables? Plain-English explainers ↓

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
478 unweaned 478 21 376.00 $376.00 $1,797
481 481 24 377.00 $377.00 $1,813 -31.65
504–518 510 96 352.00–372.50 $366.06 $1,867 +11.03
569 unweaned 569 19 326.00 $326.00 $1,855
560–588 583 122 338.00–368.00 $360.90 $2,104 +20.50
601–643 611 90 304.00–316.50 $314.69 $1,923 -2.58
677–690 680 189 290.00–323.00 $314.78 $2,141 +6.70
713–714 714 25 290.00–301.50 $296.44 $2,117
751–794 772 85 272.00–283.50 $278.29 $2,148 +18.29
830–841 840 71 256.00–269.00 $268.10 $2,252
915 915 9 238.00 $238.00 $2,178 -2.04
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
436 436 5 367.00 $367.00 $1,600
476 476 14 365.00 $365.00 $1,737
580–587 584 31 328.00–329.50 $328.67 $1,919 +1.09
699 699 9 287.00 $287.00 $2,006 +3.56

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
395 395 12 362.50 $362.50 $1,432 -21.32
465 unweaned 465 29 361.00 $361.00 $1,679
465–477 472 38 347.50–357.00 $351.90 $1,661 +4.14
507–519 515 90 341.00–353.50 $350.71 $1,806 +31.05
550 unweaned 550 18 307.00 $307.00 $1,688
557–599 578 134 292.50–321.00 $313.34 $1,811 +23.91
603–632 617 25 275.00–307.00 $291.26 $1,797
670–672 671 20 280.00–281.00 $280.35 $1,881 -4.90
705 705 25 259.00 $259.00 $1,826 +0.50
761–783 772 25 240.00–246.00 $242.92 $1,875 +7.80
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
438 438 10 352.50 $352.50 $1,544
511 511 6 326.00 $326.00 $1,666 +30.00

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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.