Cattle Market Pulse

Bassett Livestock Auction Market Report

Bassett, Nebraska · USDA-reported Auction Livestock

Sale of Wednesday, May 6, 2026

1,547 head sold ·Official USDA report

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

heavy 5-weight M&L 1 steers $500.78/cwt +6.48 vs last sale · ≈ $2,930/hd at 585 lb · 389 head
light 8-weight M&L 1 steers $393.88/cwt +5.73 vs last sale · ≈ $3,151/hd at 800 lb · 152 head
light 5-weight M&L 1 heifers $473.49/cwt +6.56 vs last sale · ≈ $2,538/hd at 536 lb · 123 head

Receipts

HeadThis saleLast saleLast year
Total receipts 1,547 6,345 4,063
Feeder cattle 1,547 6,345 4,063

Market comments — USDA reporter

Compared to two weeks ago heavy supply, most weights of steers sold 4.00 to 9.00 higher with flat 6 and 9 weight steers 14.00 higher. Heifers less than 650 lbs sold 4.00 to 8.00 higher and 7 weights sold 1.00 higher. Demand was good to instances very good. Offerings comprised of weaned and bawling fall calves with a few yearlings in the run. Some of the fall born bawling steer and heifer calves were not discounted for not being weaned and brought the top price in some weight groups. Moderate crowd of buyers on the seats with a very active bidding and buying on the internet.

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
478–492 481 22 572.50–599.00 $584.30 $2,810 +7.89
515–548 519 94 530.00–545.00 $541.28 $2,809 -23.72
574–598 585 389 491.50–525.00 $500.78 $2,930 +6.48
609–632 625 106 467.50–490.00 $474.41 $2,965 +17.64
650–687 674 46 452.50–505.00 $471.06 $3,175 +33.80
743 743 7 400.00 $400.00 $2,972 -14.48
751–766 761 18 385.00–391.00 $386.97 $2,945 -15.42
800–802 800 152 373.00–396.00 $393.88 $3,151 +4.73
865 865 68 378.75 $378.75 $3,276 +9.19
915–930 917 77 340.00–362.00 $358.81 $3,290 +14.54
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
492 492 8 545.00 $545.00 $2,681 +10.00
695 695 11 411.00 $411.00 $2,856 -10.00
809 809 8 363.00 $363.00 $2,937 —

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Feeder Heifers

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
350–352 351 6 555.00 $555.00 $1,948 —
434–446 438 25 515.00–525.00 $518.18 $2,270 -49.32
455–473 466 18 480.00–485.00 $483.59 $2,254 -39.51
520–543 536 123 455.00–479.00 $473.49 $2,538 +6.56
553–557 555 19 435.00–445.00 $439.47 $2,439 -25.50
603–627 615 33 420.00–432.00 $425.77 $2,618 +5.37
665–691 682 36 382.50–405.00 $394.35 $2,689 -98.15
704 704 74 396.00 $396.00 $2,788 +1.59
750–796 774 83 354.00–375.00 $361.40 $2,797 -9.60

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Feeder Bulls

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
612 612 8 440.00 $440.00 $2,693 —

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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.