Cattle Market Pulse

Bassett Livestock Auction Market Report

Bassett, Nebraska · USDA-reported Auction Livestock

Sale of Wednesday, August 21, 2024

3,180 head sold ·Official USDA report

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

light 9-weight M&L 1 steers $241.64/cwt -9.71 vs last sale · ≈ $2,242/hd at 928 lb · 340 head
heavy 9-weight M&L 1 steers $231.94/cwt -8.81 vs last sale · ≈ $2,285/hd at 985 lb · 317 head
light 9-weight M&L 1 heifers $224.79/cwt -22.29 vs last sale · ≈ $2,072/hd at 922 lb · 289 head

Receipts

HeadThis saleLast saleLast year
Total receipts 3,180 1,875 570
Feeder cattle 3,180 1,875 570

Market comments — USDA reporter

Compared with two weeks ago 900 to 1000 lbs steers traded 8.00 to 15.00 lower, and 800 lbs heifers traded 5.00 lower. Demand was moderate to good with several buyers and active internet bidding. Next Auction Date Sept 4th Special Fall Calves and Yearlings

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
433–444 437 15 322.50 $322.50 $1,409 —
513–549 527 84 312.00–325.00 $316.05 $1,666 —
554–575 567 41 295.00–318.00 $303.22 $1,719 —
601–645 618 28 282.00–300.00 $292.62 $1,808 -12.38
687 687 13 268.50 $268.50 $1,845 -18.50
719 719 5 259.00 $259.00 $1,862 -7.00
769–774 772 24 260.00–264.00 $261.66 $2,020 -12.28
804 804 25 256.50 $256.50 $2,062 —
860 860 60 253.25 $253.25 $2,178 +9.25
862 862 5 242.00 $242.00 $2,086 -2.00
922–925 924 156 242.50–250.25 $248.66 $2,298 -2.69
918–943 931 184 234.00–238.00 $235.68 $2,194 -15.67
974–988 985 317 226.50–235.00 $231.94 $2,285 -8.81
1016–1043 1030 790 223.50–227.50 $225.67 $2,324 -14.84
1057–1071 1068 143 221.00–222.00 $221.22 $2,363 —
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
531 531 8 289.00 $289.00 $1,535 —
723 723 5 255.00 $255.00 $1,844 —
765 765 5 257.00 $257.00 $1,966 —

↑ Back to top

Feeder Heifers

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
509–535 527 49 290.00–303.50 $297.96 $1,570 -11.04
590 590 29 285.50 $285.50 $1,684 —
600 600 7 278.00 $278.00 $1,668 —
651–699 683 27 251.00–253.00 $252.36 $1,724 -16.64
740–747 742 96 243.50–260.50 $251.31 $1,865 -1.69
762–768 765 42 240.00–243.00 $241.65 $1,849 —
827–838 833 188 235.00–240.00 $237.99 $1,982 -5.70
864–878 873 98 224.00–237.00 $232.41 $2,029 -4.27
904–944 917 224 218.00–228.75 $226.32 $2,075 -21.69
938 938 65 219.50 $219.50 $2,059 -16.50
966–996 977 53 215.50–220.00 $218.36 $2,133 -8.23
980–996 987 236 215.50–224.00 $220.56 $2,177 -6.03
1029 1029 24 216.00 $216.00 $2,223 -12.00
1063 1063 13 213.50 $213.50 $2,270 —
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
579 579 7 293.00 $293.00 $1,696 —

↑ Back to top

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.