Cattle Market Pulse

Hope Livestock Auction Market Report

Hope, Arkansas · USDA-reported Auction Livestock

Sale of Thursday, November 12, 2020

1,530 head sold ·Official USDA report

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

light 6-weight M&L 1 steers $129.33/cwt +6.34 vs last sale · ≈ $801/hd at 619 lb · 30 head
light 4-weight M&L 1 steers $156.33/cwt +15.09 vs last sale · ≈ $668/hd at 427 lb · 26 head
heavy 6-weight M&L 1 steers $127.90/cwt +4.78 vs last sale · ≈ $857/hd at 670 lb · 25 head

Receipts

HeadThis saleLast saleLast year
Total receipts 1,530 740 1,302
Feeder cattle 1,310 598 1,008
Slaughter cattle 205 117 274
Replacement cattle 15 25 20

Market comments — USDA reporter

Compared to two weeks ago: Feeder steers under 550 lbs. 8.00-15.00 higher; over 550 lbs. 2.00-6.00 higher. Feeder heifers 4.00-8.00 higher. Slaughter cows 3.00-7.00 lower. Slaughter bulls steady to 3.00 lower. Quality was average to attractive. Buyer activity was good.

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
315–345 333 11 157.00–165.00 $160.37 $534 +11.37
355–395 382 16 148.00–170.00 $158.51 $606 +10.00
400–445 427 26 143.00–165.00 $156.33 $668 +15.09
450–495 474 16 140.00–155.00 $146.68 $695 +9.59
500–545 525 22 130.00–150.00 $140.30 $737 +7.77
555–595 573 21 129.00–140.00 $133.89 $767 +6.17
600–645 619 30 124.00–135.00 $129.33 $801 +6.34
650–695 670 25 123.00–135.00 $127.90 $857 +4.78
705–745 724 8 120.00–126.00 $123.00 $891 +1.03
765–785 775 3 115.00–125.00 $119.69 $928 +1.73
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
300–335 322 8 125.00–140.00 $136.59 $440 +4.17
365–385 373 4 135.00 $135.00 $504 +1.01
400–445 424 15 127.00–138.00 $132.04 $560 +6.79
450–485 465 12 120.00–130.00 $124.60 $579 +4.60
505–545 522 3 117.00–124.00 $120.25 $628 +3.54
550–565 558 2 120.00 $120.00 $670 —
620–645 630 3 112.00–116.00 $114.30 $720 +4.30

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Feeder Heifers

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
300–340 316 6 130.00–135.00 $132.55 $419 +0.34
350–395 372 16 125.00–140.00 $131.62 $490 +4.22
400–445 422 21 125.00–132.00 $128.83 $544 +4.48
450–495 474 15 123.00–133.00 $127.09 $602 +6.58
500–545 522 14 120.00–125.00 $122.92 $642 +5.59
550–590 565 12 115.00–122.00 $119.41 $675 +6.00
585 585 1 140.00 $140.00 $819 +26.59
600–645 619 9 111.00–120.00 $115.68 $716 +2.34
650–695 676 8 110.00–117.00 $114.40 $773 +4.97
705–740 725 6 107.00–116.00 $110.65 $802 +5.64
765–795 778 4 100.00–110.00 $105.95 $824 -0.05
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
315–340 330 3 115.00–120.00 $117.28 $387 +4.82
365 365 1 120.00 $120.00 $438 +7.38
405–435 424 6 107.00–115.00 $111.50 $473 +3.97
475 475 1 118.00 $118.00 $560 +10.63
500–540 521 6 107.00–115.00 $109.86 $572 +4.86
550 550 1 110.00 $110.00 $605 —

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Feeder Bulls

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
475–485 480 3 135.00 $135.00 $648 —
515–545 526 8 120.00–130.00 $124.64 $656 —
550–595 571 7 117.00–122.00 $119.87 $684 +5.07
605–645 628 6 115.00–119.00 $117.53 $738 +5.04
685 685 1 116.00 $116.00 $795 +11.00
705–745 725 2 106.00–113.00 $109.60 $795 +7.13
750–765 758 2 100.00–110.00 $104.95 $796 +4.95

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Slaughter Cows

Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
915–1110 1049 80-85% 10 30.00–35.00 $33.02 $346 -7.36
1025–1535 1241 80-85% 30 42.00–52.00 $46.08 $572 -6.77
1080–1485 1243 80-85% 5 54.00–57.00 $55.61 $691 +2.76
Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
825–940 885 85-90% 11 22.00–27.00 $24.27 $215 -7.73
955–1100 1006 85-90% 12 30.00–40.00 $34.82 $350 —

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Slaughter Bulls

YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1385–1510 1452 6 55.00–62.00 $59.60 $865 —
1405–2110 1732 9 70.00–81.00 $74.85 $1,296 -0.44

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Stock Cows

Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
850–935 894 Young (2-4 yrs)Open 7 53.00–60.00 $57.09 $510

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Bred Cows

Medium and Large 1-2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1010 1010 Young (2-4 yrs)2nd Stage (4-6 mo) 1 875.00 $875.00
1060 1060 Middle Aged (5-8 yrs)3rd Stage (7-9 mo) 1 925.00 $925.00
1140–1300 1219 Aged (>8 yrs)3rd Stage (7-9 mo) 5 700.00–825.00 $762.31

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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.