Cattle Market Pulse

Hope Livestock Auction Market Report

Hope, Arkansas · USDA-reported Auction Livestock

Sale of Thursday, January 12, 2023

1,225 head sold ·Official USDA report

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

heavy 4-weight M&L 1 steers $206.66/cwt -4.76 vs last sale · ≈ $992/hd at 480 lb · 36 head
light 6-weight M&L 1 steers $183.95/cwt +9.20 vs last sale · ≈ $1,144/hd at 622 lb · 34 head
heavy 5-weight M&L 1 heifers $162.48/cwt -10.02 vs last sale · ≈ $928/hd at 571 lb · 28 head

Receipts

HeadThis saleLast saleLast year
Total receipts 1,225 1,039 1,177
Feeder cattle 1,070 801 1,014
Slaughter cattle 140 168 148
Replacement cattle 15 70 15

Market comments — USDA reporter

Compared to last week: Feeder steers under 550 lbs. 2.00-10.00 lower; over 550 lbs. 1.00-5.00 higher. Feeder heifers 2.00-9.00 lower. Slaughter cows 2.00-4.00 higher. Slaughter bulls steady to 2.00 lower. Quality was average. Sold a split load of steers and heifers on video. To view information click this link (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
300–345 326 13 205.00–245.00 $226.17 $737 -2.21
350–395 369 17 200.00–242.50 $216.22 $798 -3.88
420–425 value added 422 5 221.00–230.00 $226.37 $955 —
400–445 427 12 185.00–217.00 $201.43 $860 -8.24
450–495 473 10 185.00–215.00 $198.36 $938 -10.13
460–495 value added 483 26 205.00–218.00 $209.85 $1,014 -17.65
500–545 522 11 182.00–205.00 $192.65 $1,006 -9.45
505–545 value added 527 14 198.00–205.00 $202.38 $1,067 —
555–570 value added 560 5 190.00–198.00 $193.61 $1,084 —
565–585 576 5 165.00–192.50 $184.02 $1,060 +1.50
600–640 615 7 173.00–183.00 $178.38 $1,097 +3.63
610–630 value added 624 27 184.00–193.00 $185.40 $1,157 —
655–670 value added 663 2 185.00 $185.00 $1,227 —
655–675 665 2 180.00–187.00 $183.45 $1,220 +11.75
715–740 722 5 153.00–177.50 $159.28 $1,150 +4.28
755–785 770 4 150.00–160.00 $155.02 $1,194 -0.96
840–845 843 2 150.00 $150.00 $1,264 —
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
355–385 371 9 170.00–180.00 $174.38 $647 -0.02
400–425 417 6 160.00–175.00 $166.87 $696 —
455–485 471 7 157.00–170.00 $165.56 $780 +15.56
510–540 524 7 155.00–165.00 $157.29 $824 +4.46
630 630 1 130.00 $130.00 $819 —
675 675 1 130.00 $130.00 $878 —
745 745 1 128.00 $128.00 $954 —

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Feeder Heifers

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
300–345 325 14 180.00–211.00 $189.80 $617 -9.20
350–395 371 10 175.00–215.00 $189.45 $703 -7.51
400–430 412 7 175.00–193.00 $181.91 $749 -6.25
450–470 value added 453 14 175.00–179.50 $178.83 $810 —
450–480 465 10 165.00–180.00 $173.08 $805 -3.61
515 value added 515 2 175.00 $175.00 $901 -7.36
500–540 522 10 160.00–173.00 $165.03 $861 -4.89
565 value added 565 11 164.00 $164.00 $927 -14.64
550–595 575 17 157.00–167.00 $161.50 $929 -6.40
620 value added 620 4 152.00 $152.00 $942 —
600–640 623 5 152.00–166.00 $157.46 $981 -1.08
650–685 672 3 150.00–156.00 $153.29 $1,030 -1.66
700–730 713 3 130.00–145.00 $136.78 $975 -3.22
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
300–345 334 4 155.00–165.00 $162.42 $542 -3.14
355–385 375 3 155.00–175.00 $165.00 $619 +3.35
410–435 424 4 144.00–147.00 $144.98 $615 -8.43
465–475 472 3 145.00 $145.00 $684 +0.51
510–535 518 4 140.00 $140.00 $725 -1.75
565 565 1 135.00 $135.00 $763 —

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Feeder Bulls

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
455–485 469 5 175.00–180.00 $178.06 $835 -1.99
500–545 521 5 165.00–175.00 $169.42 $883 -1.52
550–595 576 7 159.00–168.00 $164.80 $949 +2.03
615–620 618 2 160.00–165.00 $162.51 $1,004 +9.92
655 655 2 150.00–154.00 $152.00 $996 —
810 810 1 136.00 $136.00 $1,102 —

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Slaughter Cows

Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
955–1100 1037 80-85% 11 50.00–60.00 $56.33 $584 —
1050–1485 1201 80-85% 25 67.00–75.00 $72.43 $870 —
Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
785–845 815 85-90% 2 33.00–40.00 $36.63 $299 -0.87
925–1075 994 85-90% 8 59.00–65.00 $61.70 $613 —
Breaker ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1380 1380 75-80% 1 75.00 $75.00 $1,035 —

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Slaughter Bulls

YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1280–1485 1383 2 75.00 $75.00 $1,037 —
1465–2165 1720 8 80.00–89.00 $84.27 $1,449 —

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Bred Cows

Medium and Large 1-2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
975 975 Middle Aged (5-8 yrs)3rd Stage (7-9 mo) 1 1,050.00 $1,050.00
1095 1095 Young (2-4 yrs)2nd Stage (4-6 mo) 1 1,020.00 $1,020.00
1100–1515 1308 Middle Aged (5-8 yrs)2nd Stage (4-6 mo) 2 1,050.00–1,110.00 $1,084.76

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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
1285–1540 1413 Middle Aged (5-8 yrs)Open 2 1,150.00–1,180.00 $1,163.65 —

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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.