Cattle Market Pulse

Bassett Livestock Auction Market Report

Bassett, Nebraska · USDA-reported Auction Livestock

Sale of Wednesday, September 4, 2024

2,540 head sold ·Official USDA report

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

light 8-weight M&L 1 heifers $229.16/cwt -8.83 vs last sale · ≈ $1,890/hd at 825 lb · 471 head
light 9-weight M&L 1 steers $245.18/cwt +3.54 vs last sale · ≈ $2,261/hd at 922 lb · 370 head
heavy 9-weight M&L 1 steers $234.44/cwt +2.50 vs last sale · ≈ $2,276/hd at 971 lb · 242 head
HeadThis saleLast saleLast year
Total receipts 2,540 3,180 3,450
Feeder cattle 2,540 3,180 3,450

Compared with two weeks ago, 900 to 1000 lbs steers traded 2.00 to 9.00 higher. Limited number of comparable offerings for heifers with 800 lbs offerings trading 9.00 lower. Demand was good. Next Auction Date Sept 18th Special Fall Calves and Yearlings

New to these tables? Plain-English explainers ↓

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
405 405 12 322.50 $322.50 $1,306 ±0.00
493 493 42 312.00 $312.00 $1,538
595 595 46 301.00 $301.00 $1,791 -2.22
735 735 9 266.00 $266.00 $1,955 +7.00
806 806 37 254.50 $254.50 $2,051 -2.00
859–897 883 191 251.50–252.25 $251.77 $2,223 +9.77
906–938 922 370 237.00–252.50 $245.18 $2,261 -3.48
952–990 971 242 230.25–240.75 $234.44 $2,276 +2.50
1010–1047 1022 381 225.50–234.75 $230.10 $2,352 +4.43
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
817 817 12 231.00 $231.00 $1,887
922 922 12 217.50 $217.50 $2,005

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
494 494 10 275.00 $275.00 $1,358
523 523 8 260.00 $260.00 $1,360 -37.96
621–635 630 77 256.00–264.00 $261.44 $1,647 -16.56
719–748 735 125 237.50–247.00 $243.05 $1,786 -8.26
779–790 782 52 229.50–236.00 $234.36 $1,833 -7.29
804–833 816 307 222.00–233.25 $228.56 $1,865 -9.43
813–848 841 164 224.00–232.00 $230.27 $1,937 -7.72
868–894 891 29 230.00–237.00 $236.29 $2,105 +3.88
899 899 63 229.00 $229.00 $2,059 -3.41
908–919 910 51 230.00–231.50 $231.26 $2,104 +4.94
964–994 978 116 233.00–235.00 $233.76 $2,286 +15.40
1089 1089 23 208.75 $208.75 $2,273 -4.75

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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.