Cattle Market Pulse

Bassett Livestock Auction Market Report

Bassett, Nebraska · USDA-reported Auction Livestock

Sale of Wednesday, October 7, 2026

1,045 head sold ·Official USDA report

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

light 9-weight M&L 1 steers $347.00/cwt +12.37 vs last sale · ≈ $3,279/hd at 945 lb · 189 head
light 6-weight M&L 1 steers $429.98/cwt ≈ $2,601/hd at 605 lb · 154 head
heavy 6-weight M&L 1 steers $400.00/cwt ≈ $2,736/hd at 684 lb · 100 head
HeadThis saleLast saleLast year
Total receipts 1,045 2,055 1,785
Feeder cattle 1,045 2,055 1,785

No comparable offerings from two weeks ago a trend will not be given for steers or heifers. Today's auction started the day with weigh-ups, yearling offerings off grass, followed by pregged checked opens heifers, and finished the day with non-weaned spring calves. Demand was good for all offerings. Next Auction Dates Oct 14th Special Feeder Cattle Auction, Oct 21st Special Bred Cows & Pairs, Oct 28th Special Yearlings and Calves

New to these tables? Plain-English explainers ↓

Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1008–1035 1027 514 321.50–328.50 $323.59 $3,323 +4.05
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
345 345 5 555.00 $555.00 $1,915 —
399 399 7 557.50 $557.50 $2,224 —
479–493 488 15 475.00 $475.00 $2,318 —
528 528 16 448.00–450.00 $449.25 $2,372 —
588 588 10 412.50 $412.50 $2,426 —
600–616 605 154 400.00–436.00 $429.98 $2,601 —
684 684 100 400.00 $400.00 $2,736 —
945 945 189 347.00 $347.00 $3,279 +12.37

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
430 430 12 455.00 $455.00 $1,956 —
513 513 10 419.00 $419.00 $2,149 —
551–578 562 29 385.00–400.00 $392.76 $2,207 —
802–836 818 26 325.00–327.00 $325.94 $2,666 +4.34
896 896 37 309.00 $309.00 $2,769 +16.07
942 942 9 293.00 $293.00 $2,760 -16.05
999 999 8 283.00 $283.00 $2,827 -19.14
Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1031 1031 7 278.00 $278.00 $2,866 -18.40

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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.