Cattle Market Pulse

Hope Livestock Auction Market Report

Hope, Arkansas · USDA-reported Auction Livestock

Sale of Thursday, March 16, 2023

1,087 head sold ·Official USDA report

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

light 5-weight M&L 1 heifers $203.90/cwt +7.78 vs last sale · ≈ $1,072/hd at 526 lb · 45 head
light 4-weight M&L 1 heifers $205.79/cwt -1.44 vs last sale · ≈ $868/hd at 422 lb · 23 head
light 6-weight M&L 1 steers $204.99/cwt -0.55 vs last sale · ≈ $1,263/hd at 616 lb · 23 head

Receipts

HeadThis saleLast saleLast year
Total receipts 1,087 467 695
Feeder cattle 871 354 610
Slaughter cattle 156 98 75
Replacement cattle 60 15 10

Market comments — USDA reporter

Compared to last week: Feeder steers 2.00-8.00 lower. Feeder heifers unevenly steady. Slaughter cows 3.00-5.00 higher. Slaughter bulls 2.00-5.00 higher. Some calves with desirable condition and kind broadened the price range of some weight ranges. Quality was average. Buyer participation was active. Stocker cow sale section offered some very attractive females and brought very respectable figures. Sold a video load of home raised steers 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
300–340 319 19 225.00–310.00 $257.69 $822 +0.98
350–395 370 15 220.00–285.00 $239.92 $888 -2.45
400–430 410 16 210.00–265.00 $229.23 $940 -9.90
450–495 466 7 215.00–230.00 $221.31 $1,031 -21.53
460–485 value added 478 7 242.50 $242.50 $1,159 —
500–535 515 11 200.00–245.00 $223.12 $1,149 +1.60
505–525 value added 517 6 232.50–235.00 $233.48 $1,207 -11.52
550–565 558 5 207.00–220.00 $215.40 $1,202 -4.06
565–575 value added 569 17 217.50–230.00 $222.78 $1,268 +4.06
612–630 value added 615 18 203.00–208.00 $206.87 $1,272 -8.13
605–645 621 5 195.00–205.00 $198.22 $1,231 -2.59
655 value added 655 6 195.00–201.00 $198.67 $1,301 —
660–680 668 3 194.00–199.00 $195.99 $1,309 +0.26
700–740 725 3 175.00–185.00 $180.26 $1,307 +0.75
750–785 773 4 171.00–177.50 $174.84 $1,352 —
830 830 2 157.00–170.00 $163.50 $1,357 —
850–895 865 3 156.00–165.00 $159.64 $1,381 -5.36
900–935 916 4 142.50–164.00 $153.86 $1,409 —
955 955 1 140.00 $140.00 $1,337 —
1035 1035 1 147.00 $147.00 $1,521 —
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
300–325 318 4 190.00–195.00 $193.82 $616 +1.92
355–385 377 5 190.00–197.00 $194.05 $732 +4.05
410–440 422 5 180.00–195.00 $187.91 $793 +6.22
455–485 473 5 175.00–180.00 $178.08 $842 -1.92
530 530 1 175.00 $175.00 $928 —
580 580 1 177.00 $177.00 $1,027 —

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Feeder Heifers

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
300–335 311 11 210.00–237.00 $222.75 $693 -1.18
360 value added 360 2 230.00 $230.00 $828 —
360–390 374 7 207.00–225.00 $215.26 $805 +6.12
400–445 422 23 195.00–220.00 $205.79 $868 -0.25
450–455 value added 454 7 215.00–220.00 $218.58 $992 +13.90
450–495 474 10 188.00–205.00 $196.25 $930 -1.69
500–530 510 10 185.00–196.00 $190.97 $974 -3.40
500–540 value added 530 35 204.00–222.50 $207.60 $1,100 +9.72
550–595 569 9 183.00–190.00 $186.04 $1,059 +4.56
575–585 value added 582 6 190.00–200.00 $193.30 $1,125 -4.69
610–635 628 4 175.00–183.00 $179.24 $1,126 +4.24
650–655 653 2 150.00–170.00 $160.04 $1,045 —
720 720 1 155.00 $155.00 $1,116 —
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
300–330 312 5 175.00–185.00 $181.89 $567 +0.20
355–380 369 8 180.00–192.00 $184.56 $681 -0.44
405–445 430 6 170.00–180.00 $174.15 $749 -5.85
450–475 469 6 163.00–177.00 $169.21 $794 —
510–540 521 7 155.00–176.00 $167.25 $871 +7.25

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Feeder Bulls

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
500–520 508 4 190.00–202.00 $196.81 $1,000 —
550–580 569 4 187.00–195.00 $192.96 $1,098 +2.96
620–645 632 3 175.00–185.00 $181.68 $1,148 +0.49
650–675 663 4 166.00–190.00 $176.76 $1,172 +26.76
735–745 740 2 160.00–169.00 $164.53 $1,218 +17.00
750–790 768 3 150.00–173.00 $160.21 $1,230 +10.21
810 810 1 147.00 $147.00 $1,191 +7.00

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Slaughter Cows

Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1010–1100 1041 80-85% 8 62.00–79.00 $74.29 $773 —
1010–1480 1207 80-85% 36 85.00–95.00 $89.64 $1,082 —
1055–1600 1224 80-85% 18 96.00–107.00 $101.29 $1,240 —
Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
785–855 820 85-90% 2 60.00 $60.00 $492 —
855–1100 955 85-90% 21 70.00–85.00 $79.76 $762 +4.55
Breaker ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1410 1410 75-80% 1 88.00 $88.00 $1,241 —

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Slaughter Bulls

YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1010–1375 1255 4 80.00–89.00 $85.30 $1,071 —
1355–2120 1593 18 92.00–107.00 $97.26 $1,549 +17.26

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Stock Cows

Medium and Large 1-2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
515–725 fancy 615 (<2 yrs)Open 27 995.00–1,420.00 $1,235.47
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
600–740 666 (<2 yrs)Open 5 177.00–190.00 $185.05 $1,232
855–940 900 Young (2-4 yrs)Open 6 94.00–107.00 $102.01 $918

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Bred Cows

Medium and Large 1-2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
960 960 Young (2-4 yrs)2nd Stage (4-6 mo) 2 1,250.00 $1,250.00
995–1100 1048 Young (2-4 yrs)3rd Stage (7-9 mo) 2 1,325.00–1,425.00 $1,377.51
1085 1085 Middle Aged (5-8 yrs)3rd Stage (7-9 mo) 1 1,300.00 $1,300.00
985–1200 1110 Middle Aged (5-8 yrs)2nd Stage (4-6 mo) 6 1,100.00–1,375.00 $1,263.12
1130 1130 Aged (>8 yrs)3rd Stage (7-9 mo) 1 1,000.00 $1,000.00

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Bred Heifers

Medium and Large 1-2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
910 fancy 910 Young (2-4 yrs)3rd Stage (7-9 mo) 3 1,975.00 $1,975.00
Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
950 fancy 950 Young (2-4 yrs)2nd Stage (4-6 mo) 2 1,850.00 $1,850.00

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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
1060 1060 Middle Aged (5-8 yrs)Open 1 1,325.00 $1,325.00 —
910–1335 1077 Young (2-4 yrs)Open 3 1,225.00–1,725.00 $1,553.13 —
1040–1145 1093 Young (2-4 yrs)Open 2 1,225.00–1,400.00 $1,316.70 —
1285–1385 1318 Middle Aged (5-8 yrs)Open 3 1,225.00–1,550.00 $1,371.30 —
1440 1440 Aged (>8 yrs)Open 1 1,250.00 $1,250.00 —
1460 1460 Aged (>8 yrs)Open 1 1,300.00 $1,300.00 —

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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.