Cattle Market Pulse

Hope Livestock Auction Market Report

Hope, Arkansas · USDA-reported Auction Livestock

Sale of Thursday, March 23, 2023

735 head sold ·Official USDA report

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

light 4-weight M&L 1 heifers $202.14/cwt -3.65 vs last sale · ≈ $858/hd at 425 lb · 15 head
heavy 4-weight M&L 1 heifers $198.85/cwt -6.60 vs last sale · ≈ $937/hd at 471 lb · 13 head
light 4-weight M&L 1 steers $227.98/cwt -1.25 vs last sale · ≈ $952/hd at 417 lb · 13 head

Receipts

HeadThis saleLast saleLast year
Total receipts 735 1,087 618
Feeder cattle 564 871 528
Slaughter cattle 159 156 80
Replacement cattle 12 60 10

Market comments — USDA reporter

Compared to last week: Feeder steers 3.00-10.00 lower. Feeder heifers 4.00-11.00 lower. Slaughter cows steady to 2.00 higher. Slaughter bulls steady. Quality was average to plain. Buyers were not as aggressive as last week on the calves and yearling cattle. Slaughter cattle still have a strong demand.

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
300–345 316 12 242.50–277.50 $257.48 $814 -0.21
355–395 369 10 220.00–245.00 $232.99 $860 -6.93
400–440 417 11 220.00–250.00 $228.07 $951 -1.16
420 value added 420 2 227.50 $227.50 $956 —
460–490 475 2 208.00–210.00 $209.03 $993 -12.28
500–525 511 7 207.50–232.50 $219.26 $1,120 -3.86
550–595 567 8 205.00–219.00 $212.97 $1,208 -2.43
605–630 615 9 195.00–212.50 $205.50 $1,264 +7.28
670 670 1 192.50 $192.50 $1,290 -3.49
865 865 1 170.00 $170.00 $1,470 +10.36
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
300–345 314 8 185.00–210.00 $197.26 $619 +3.44
350–375 356 4 185.00–190.00 $186.23 $663 -7.82
400–430 410 6 177.50–190.00 $182.86 $750 -5.05
455–475 469 5 180.00–185.00 $180.97 $849 +2.89
510–540 525 4 170.00–172.00 $170.97 $898 -4.03

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Feeder Heifers

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
310 value added 310 2 227.50 $227.50 $705 —
300–345 318 9 200.00–230.00 $214.56 $682 -8.19
350–385 value added 368 4 222.50–227.50 $224.88 $828 -5.12
355–380 370 6 200.00–220.00 $207.49 $768 -7.77
400–445 423 13 191.00–210.00 $201.55 $853 -4.24
435 value added 435 2 206.00 $206.00 $896 —
450–495 471 9 189.00–212.50 $198.65 $936 +2.40
455–480 value added 471 4 195.00–202.00 $199.29 $939 -19.29
500–515 value added 510 3 193.00–195.00 $193.65 $988 -13.95
510–535 523 9 180.00–210.00 $189.85 $993 -1.12
550–595 574 10 175.00–184.00 $179.33 $1,029 -6.71
605–645 620 3 155.00–177.00 $167.42 $1,038 -11.82
650–675 661 5 147.50–156.00 $150.26 $993 -9.78
665–675 value added 670 2 155.00 $155.00 $1,038 —
710 710 1 140.00 $140.00 $994 -15.00
795 value added 795 2 150.00 $150.00 $1,192 —
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
310–345 320 7 180.00–187.00 $184.17 $589 +2.28
355–375 365 2 180.00–185.00 $182.43 $666 -2.13
405–435 417 3 175.00–180.00 $177.71 $741 +3.56
455–475 468 6 165.00–180.00 $169.36 $793 +0.15
505–545 526 5 150.00–168.00 $161.02 $847 -6.23
555–585 570 2 156.00–160.00 $157.95 $900 —

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Feeder Bulls

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
455–485 470 4 195.00–215.00 $203.07 $954 —
510–525 516 4 185.00–195.00 $190.70 $984 -6.11
550–595 580 5 188.00–195.00 $193.21 $1,121 +0.25
610–645 629 6 170.00–191.00 $182.63 $1,149 +0.95
670–690 682 3 155.00–180.00 $168.35 $1,148 -8.41
705–735 717 5 155.00–173.00 $161.52 $1,158 -3.01
755 755 1 165.00 $165.00 $1,246 +4.79

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Slaughter Cows

Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
950–1055 1028 80-85% 11 70.00–79.00 $75.41 $775 +1.12
1010–1495 1191 80-85% 31 85.00–97.00 $90.63 $1,079 —
1010–1470 1242 80-85% 5 98.00–110.00 $102.96 $1,279 +1.67
Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
755–825 797 85-90% 3 45.00–60.00 $54.57 $435 —
900–1045 968 85-90% 10 74.00–83.00 $79.19 $767 -0.57
Breaker ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1250–1595 1473 75-80% 3 87.00–93.00 $90.55 $1,334 —

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Slaughter Bulls

YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1410–1545 1468 3 80.00–83.00 $81.66 $1,199 —
1495–2070 1726 9 97.00–105.00 $99.16 $1,712 —

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Bred Cows

Medium and Large 1-2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1020–1100 1060 Middle Aged (5-8 yrs)2nd Stage (4-6 mo) 2 1,050.00–1,100.00 $1,074.06

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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
1140 1140 Aged (>8 yrs)Open 1 1,050.00 $1,050.00 —
1260 1260 Middle Aged (5-8 yrs)Open 1 1,260.00 $1,260.00 —
1385 1385 Middle Aged (5-8 yrs)Open 1 1,475.00 $1,475.00 —

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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.