Cattle Market Pulse

Bassett Livestock Auction Market Report

Bassett, Nebraska · USDA-reported Auction Livestock

Sale of Wednesday, July 24, 2024

3,150 head sold ·Official USDA report

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

light 9-weight M&L 1 steers $260.19/cwt -0.94 vs last sale · ≈ $2,433/hd at 935 lb · 233 head
light 6-weight M&L 1 heifers $312.97/cwt +1.83 vs last sale · ≈ $1,931/hd at 617 lb · 211 head
light 6-weight M&L 1 steers $326.19/cwt -7.62 vs last sale · ≈ $2,071/hd at 635 lb · 202 head
HeadThis saleLast saleLast year
Total receipts 3,150 8,720 4,025
Feeder cattle 3,150 8,720 4,025

A limited number of comparable offerings from two week ago, steer offerings 600 to 750 lbs and 1000 to 1050 lbs traded unevenly steady. Steer offerings 900 lbs traded steady. Heifer offerings 600 lbs traded steady. Demand was good with active internet bidding. Next Auction Date Aug 7th

New to these tables? Plain-English explainers ↓

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
376 376 10 409.00 $409.00 $1,538
416 416 8 396.00 $396.00 $1,647 -3.36
487 487 26 371.00 $371.00 $1,807 -20.67
514–544 535 33 353.00–362.50 $354.38 $1,896 -17.09
569–573 571 46 348.00–350.00 $349.04 $1,993 -3.82
616–649 635 202 317.50–328.00 $326.19 $2,071 -1.06
653–677 663 95 295.00–317.00 $302.38 $2,005 -21.16
730–735 731 86 290.00–302.50 $300.31 $2,195 +3.88
750–769 758 131 288.50–301.00 $295.77 $2,242 +9.41
828 828 62 274.00 $274.00 $2,269 -1.93
881 881 66 264.75 $264.75 $2,332 +1.48
932–946 935 233 241.50–263.50 $260.19 $2,433 -0.94
977 977 63 254.00 $254.00 $2,482 -1.91
1002–1044 1030 753 224.25–252.00 $247.64 $2,551 -7.86
1051–1070 1059 390 243.00–247.25 $244.68 $2,591 +1.42
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
538 538 8 330.00 $330.00 $1,775 -24.72
577–598 594 50 321.00–329.00 $322.55 $1,916 -9.43
748 748 5 287.50 $287.50 $2,150
759 759 11 273.00 $273.00 $2,072

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
381–395 387 16 345.00–357.50 $351.92 $1,362
433–446 440 18 337.50–355.00 $345.15 $1,519 -2.98
481 481 24 341.00 $341.00 $1,640 +3.00
515–534 524 33 322.50–327.00 $324.91 $1,703 -26.17
612–639 617 211 289.00–318.00 $312.97 $1,931 +1.83
714 714 85 276.50 $276.50 $1,974 +13.68
779 779 40 256.00 $256.00 $1,994 -11.02
875–877 875 81 230.00–251.00 $247.10 $2,162 -7.40
915 915 10 229.50 $229.50 $2,100 -3.00
961 961 65 225.50 $225.50 $2,167 -1.75
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
316 316 8 372.50 $372.50 $1,177
654 654 10 281.00 $281.00 $1,838

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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.