Bassett Livestock Auction Market Report

Bassett, Nebraska · USDA-reported Auction Livestock

Sale of Wednesday, May 27, 2026

3,200 head sold ·Official USDA report

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

light 6-weight M&L 1 steers $480.94/cwt +6.53 vs last sale · ≈ $3,015/hd at 627 lb · 342 head

light 8-weight M&L 1 heifers $363.01/cwt ≈ $2,959/hd at 815 lb · 338 head

light 7-weight M&L 1 steers $428.43/cwt +28.43 vs last sale · ≈ $3,059/hd at 714 lb · 291 head

Bassett, NE 6-weight steers sold at $469/cwt, which is $5/cwt above the NE average ($464), though $17/cwt under Crawford, NE ($486). Receipts were 3,200 head. What this means — computed from this report and its neighbors

Receipts

Head	This sale	Last sale	Last year
Total receipts	3,200	1,547	2,992
Feeder cattle	3,200	1,547	2,992

Market comments — USDA reporter

Its been three weeks since the last feeder auction a trend will not be given for steers or heifers. Demand was good with several buyers and active internet bidding, for the weaned Fall calves and yearling offerings today. Still very dry conditions in the Sandhills with scattered showers in the area but not a measurable difference to help the drought conditions. Some offerings in town today do to grass shortage. Next Auction Dates June 10th and 24th

→ Feeder heifers: Its been three weeks since the last feeder auction a trend will not be given for steers or heifers
→ Feeder steers: Its been three weeks since the last feeder auction a trend will not be given for steers or heifers

New to these tables? Plain-English explainers ↓

Feeder Steers

Medium and Large 1 ($/cwt)
Weight (lb)	Avg wt	Head	Price range	Avg $	≈ $/hd	Δ last sale
451–492	474	16	530.00–537.50	$533.12	$2,527	-51.18
503–545	526	78	519.00–536.00	$525.58	$2,765	-15.70
566 fancy	566	64	526.00	$526.00	$2,977	—
550–593	581	99	481.00–515.00	$490.56	$2,850	-10.22
601–637	627	342	452.50–487.25	$480.94	$3,015	+6.53
666–697	684	185	441.00–460.00	$446.03	$3,051	-25.03
700–724	714	291	414.00–431.00	$428.43	$3,059	+28.43
763–798	782	206	378.00–407.00	$392.13	$3,066	+5.16
819–840	837	138	360.00–381.25	$377.93	$3,163	—
888–896	890	92	346.50–360.50	$356.37	$3,172	-22.38
905–911	906	192	347.00–361.00	$357.78	$3,241	-1.03
954	954	24	344.00	$344.00	$3,282	—

Medium and Large 1-2 ($/cwt)
Weight (lb)	Avg wt	Head	Price range	Avg $	≈ $/hd	Δ last sale
564–582	574	19	467.50–472.50	$469.57	$2,695	—
647	647	17	420.00	$420.00	$2,717	—
681	681	5	412.50	$412.50	$2,809	+1.50
733	733	21	401.00	$401.00	$2,939	—

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Feeder Heifers

Medium and Large 1 ($/cwt)
Weight (lb)	Avg wt	Head	Price range	Avg $	≈ $/hd	Δ last sale
458–494	479	12	482.50–517.50	$496.44	$2,378	+12.85
500–535	519	130	477.50–492.50	$483.59	$2,510	+10.10
570–586	573	143	444.00–478.00	$465.88	$2,669	+26.41
607–620	614	86	420.00–442.50	$429.18	$2,635	+3.41
658–666	662	64	392.00–423.00	$403.98	$2,674	+9.63
714–736	720	66	371.25–402.50	$379.48	$2,732	-16.52
768	768	11	330.00	$330.00	$2,534	-31.40
800–818	815	338	362.75–364.25	$363.01	$2,959	—
888–895	893	136	333.00–346.50	$345.41	$3,085	—

Medium and Large 1-2 ($/cwt)
Weight (lb)	Avg wt	Head	Price range	Avg $	≈ $/hd	Δ last sale
531–536	534	19	457.50–472.50	$465.43	$2,485	—
591	591	15	425.00	$425.00	$2,512	—
616–639	629	21	402.50	$402.50	$2,532	—
708–717	712	21	352.50–367.50	$358.98	$2,556	—

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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.