Cattle Market Pulse

Bassett Livestock Auction Market Report

Bassett, Nebraska · USDA-reported Auction Livestock

Sale of Wednesday, October 16, 2024

4,410 head sold ·Official USDA report

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

light 9-weight M&L 1 steers $255.84/cwt +4.38 vs last sale · ≈ $2,377/hd at 929 lb · 876 head
heavy 9-weight M&L 1 steers $249.23/cwt +3.84 vs last sale · ≈ $2,400/hd at 963 lb · 241 head
heavy 7-weight M&L 1 steers $272.93/cwt +10.97 vs last sale · ≈ $2,118/hd at 776 lb · 240 head
HeadThis saleLast saleLast year
Total receipts 4,410 7,010 4,440
Feeder cattle 4,410 7,010 4,440

Consignments today consisted of several loads of yearlings, weaned and non-weaned Spring calves, finishing the auction with pregged checked open heifers. Demand was good for all offerings, with steers trading steady to as much as 10.00 higher. No comparable offerings for heifers. Next Auction Dates for Oct 23rd Special Bred Cow and Pairs, Oct 30th Special 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
323 323 6 365.00 $365.00 $1,179
370–396 387 45 360.00–374.00 $364.54 $1,411 +19.54
422–436 433 64 344.00–353.00 $351.22 $1,521 +8.18
451–499 461 137 323.00–357.00 $347.47 $1,602 +24.97
514–543 516 201 321.00–345.50 $340.80 $1,759 +9.00
550–581 568 190 309.00–317.50 $311.52 $1,769 +17.52
607–625 614 70 290.00–297.00 $294.22 $1,807 +11.22
654 654 14 261.00 $261.00 $1,707 -25.00
706–743 739 173 266.00–275.00 $274.01 $2,025 +0.01
752–794 776 240 271.50–274.00 $272.93 $2,118 +10.97
833–844 839 237 262.50–267.50 $264.53 $2,219 +0.85
866–896 879 152 253.50–260.75 $258.78 $2,275 +8.16
909–946 929 876 249.50–261.50 $255.84 $2,377 +8.08
956–968 963 241 245.50–254.00 $249.23 $2,400 +3.84
1006–1036 1019 746 235.75–247.00 $241.00 $2,456 -3.18
1056–1077 1064 628 230.25–241.25 $235.32 $2,504
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
531 531 25 317.50 $317.50 $1,686 +9.50
599 599 7 286.00 $286.00 $1,713
644 644 9 256.00 $256.00 $1,649 -16.00
707 707 8 261.00 $261.00 $1,845
789 789 6 243.00 $243.00 $1,917
878 878 14 257.00 $257.00 $2,256

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
335–338 337 13 347.50–357.50 $352.09 $1,187
378–399 389 31 318.00–327.50 $322.47 $1,254 +7.47
400–432 423 122 314.00–334.00 $320.65 $1,356
469–498 477 202 283.00–305.00 $299.31 $1,428 +5.28
500–549 516 121 277.00–309.50 $293.47 $1,514 +15.47
573–574 574 56 275.00–282.00 $280.25 $1,609 +3.75
722 722 77 254.00 $254.00 $1,834 -5.00
816–826 822 71 243.00–244.00 $243.62 $2,003 +3.93
852–878 857 58 242.50–247.25 $244.57 $2,096 +2.27
908–935 914 57 231.00–240.00 $232.12 $2,122 -6.98
953–985 961 72 230.00–236.00 $234.55 $2,254 -0.20
1007–1022 1010 35 218.25–219.25 $218.48 $2,207 -0.52
1050–1076 1065 24 201.00–212.00 $203.87 $2,171
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
448 448 11 310.00 $310.00 $1,389
567 567 10 266.00 $266.00 $1,508

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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.