Cattle Market Pulse

Hope Livestock Auction Market Report

Hope, Arkansas · USDA-reported Auction Livestock

Sale of Thursday, October 27, 2022

1,046 head sold ·Official USDA report

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

heavy 6-weight M&L 1 steers $136.91/cwt -7.10 vs last sale · ≈ $924/hd at 675 lb · 26 head
heavy 4-weight M&L 1 heifers $151.39/cwt +5.41 vs last sale · ≈ $719/hd at 475 lb · 24 head
light 6-weight M&L 1 steers $150.31/cwt +0.52 vs last sale · ≈ $932/hd at 620 lb · 22 head

Receipts

HeadThis saleLast saleLast year
Total receipts 1,046 805 1,133
Feeder cattle 800 650 853
Slaughter cattle 211 130 245
Replacement cattle 35 25 35

Market comments — USDA reporter

Compared to last week: Feeder steers under 550 lbs. 7.00-15.00 higher; over 550 lbs. 5.00-10.00 lower. Feeder heifers 2.00-10.00 higher. Slaughter cows steady. Slaughter bulls steady. Quality was average. Lighter calf demand was better. Very few yearling cattle on offer. Some regions have gotten some rainfall which has helped to perk the market up on the smaller cattle. Sold a load of 650 lb. steers on the video auction see link for details ( https://www.ams.usda.gov/mnreports/ams_3628.pdf ).

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
315–345 329 7 185.00–220.00 $200.55 $660 +22.89
350–385 369 8 185.00–208.00 $194.51 $718 +18.58
400–445 422 8 175.00–193.00 $184.01 $777 +16.88
450–470 456 6 165.00–178.00 $170.45 $777 +11.97
500–540 524 12 150.00–173.00 $162.11 $849 +7.03
575–590 584 14 147.00–160.00 $151.20 $883 -2.10
600–645 620 22 142.00–155.00 $150.31 $932 +0.52
655–695 675 26 134.00–151.00 $136.91 $924 -7.10
705–720 712 8 135.00–149.00 $141.26 $1,006 -12.42
755–775 770 17 130.00–153.00 $136.05 $1,048 -9.00
800–815 805 3 130.00–140.00 $133.37 $1,074 —
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
300–340 317 10 148.00–157.00 $154.12 $489 +7.15
355–375 362 3 145.00–158.00 $149.25 $540 +5.62
425–445 432 3 145.00–150.00 $147.63 $638 +8.24
465–475 472 3 130.00–140.00 $136.71 $645 -2.29
525–535 530 4 130.00–135.00 $132.52 $702 +0.97
595 595 1 125.00 $125.00 $744 —

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Feeder Heifers

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
315–345 331 5 163.00–170.00 $166.36 $551 +11.80
355–395 378 8 155.00–167.00 $161.00 $609 +10.87
400–440 423 12 145.00–160.00 $153.00 $647 +6.73
450–495 475 24 145.00–157.00 $151.39 $719 +5.41
500–545 518 17 140.00–157.00 $149.18 $773 +8.28
550–595 570 10 139.00–154.00 $143.37 $817 +6.04
600–635 610 20 134.00–144.00 $136.57 $833 +2.82
715 715 8 125.00 $125.00 $894 +1.54
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
300–345 321 7 135.00–140.00 $136.70 $439 +8.02
355–385 369 6 133.00–142.00 $135.88 $501 +3.94
410–445 433 9 125.00–135.00 $130.30 $564 +6.99
455–485 465 7 120.00–130.00 $126.08 $586 -0.40
500–525 511 4 120.00–128.00 $123.28 $630 +1.28
585 585 1 120.00 $120.00 $702 +5.00

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Feeder Bulls

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
460–485 478 6 140.00–152.00 $148.74 $711 +2.64
500–545 531 13 135.00–145.00 $140.17 $744 +4.21
550–595 566 8 130.00–140.00 $133.97 $758 -1.42
600–635 620 10 125.00–138.00 $131.64 $816 +1.69
715 715 1 122.00 $122.00 $872 -2.32

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Slaughter Cows

Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1005–1100 1053 80-85% 20 40.00–49.00 $44.50 $469 —
1050–1455 1231 80-85% 49 55.00–66.00 $60.94 $750 —
1255–1525 1399 80-85% 7 65.00–67.00 $66.74 $934 —
Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
785–825 813 85-90% 6 25.00–35.00 $30.55 $248 —
955–1105 1014 85-90% 17 40.00–50.00 $44.89 $455 -4.14

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Slaughter Bulls

YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1255–1510 1320 6 65.00–70.00 $66.81 $882 —
1595–1915 1726 9 80.00–87.00 $83.29 $1,438 —
2000 2000 1 96.00 $96.00 $1,920 —

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Bred Cows

Medium and Large 1-2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1040–1350 1161 Aged (>8 yrs)2nd Stage (4-6 mo) 7 825.00–950.00 $885.46
1150–1305 1218 Middle Aged (5-8 yrs)2nd Stage (4-6 mo) 6 1,025.00–1,250.00 $1,162.64

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Cow-Calf Pairs

Medium and Large 1-2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $ Δ last sale
1150–1200 1175 Aged (>8 yrs)Open 4 900.00–925.00 $912.77 —
1125–1360 1203 Middle Aged (5-8 yrs)Open 3 1,100.00–1,275.00 $1,165.93 +127.09
1185–1410 1308 Aged (>8 yrs)Open 6 1,000.00–1,200.00 $1,119.65 —

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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.