Cattle Market Pulse

Hope Livestock Auction Market Report

Hope, Arkansas · USDA-reported Auction Livestock

Sale of Thursday, May 18, 2023

1,162 head sold ·Official USDA report

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

light 5-weight M&L 1 heifers $202.62/cwt -4.12 vs last sale · ≈ $1,055/hd at 521 lb · 29 head
heavy 5-weight M&L 1 heifers $203.95/cwt +11.58 vs last sale · ≈ $1,153/hd at 565 lb · 23 head
light 6-weight M&L 1 steers $217.11/cwt +14.27 vs last sale · ≈ $1,362/hd at 627 lb · 17 head

Receipts

HeadThis saleLast saleLast year
Total receipts 1,162 729 749
Feeder cattle 737 583 475
Slaughter cattle 250 136 219
Replacement cattle 175 10 55

Market comments — USDA reporter

Compared to two weeks ago: Feeder steers 3.00-10.00 higher with 300-400 lb. as much as 15.00-20.00 higher. Feeder heifers 3.00-8.00 higher. Slaughter cows 1.00-2.00 higher. Slaughter bulls 2.00-5.00 higher. Had a attractive set of replacement cows for the 3rd Thursday stock cow special. Demand was strong for good take home cattle. Also had a good selection of replacement bulls that sold well. Buyers were aggressive for good quality calves and yearlings. Sold a load of steers on video to view information click this link (https://www.ams.usda.gov/mnreports/am3628.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
300–345 323 11 240.00–300.00 $269.55 $871 +29.52
355–385 367 5 232.50–262.50 $247.51 $908 +16.03
400–440 value added 416 5 247.50–260.00 $254.71 $1,060 —
400–440 418 9 220.00–245.00 $232.59 $972 +6.56
455–470 462 3 228.00–245.00 $235.96 $1,090 +8.37
505–545 519 9 215.00–230.00 $223.84 $1,162 +18.29
550–595 570 4 210.00–230.00 $220.12 $1,255 +4.13
620–625 value added 621 7 213.00–221.00 $218.70 $1,358 —
610–645 632 10 208.00–223.00 $216.00 $1,365 +13.16
650–690 673 6 194.00–211.00 $204.64 $1,377 +9.64
700–735 717 6 183.00–216.00 $195.91 $1,405 +0.43
760 760 1 187.00 $187.00 $1,421 —
800–840 820 3 181.00–186.00 $184.04 $1,509 —
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
320 320 1 200.00 $200.00 $640 -3.64
410–435 421 4 190.00–200.00 $192.55 $811 +2.63

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Feeder Heifers

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
300–335 327 6 222.00–237.50 $227.76 $745 -2.19
350–375 363 3 225.00–235.00 $229.38 $833 +10.38
400–445 420 10 210.00–225.00 $217.78 $915 +5.02
450–485 468 12 205.00–227.00 $216.12 $1,011 +8.28
500–545 520 21 192.00–215.00 $201.09 $1,046 +0.55
505–545 value added 522 8 201.00–213.00 $206.64 $1,079 -6.99
555–590 value added 562 11 203.00–211.00 $207.88 $1,168 —
550–590 568 12 190.00–210.00 $200.34 $1,138 +7.97
605 value added 605 2 195.00 $195.00 $1,180 —
605–640 619 4 185.00–205.00 $191.50 $1,185 +2.99
675 value added 675 2 196.00 $196.00 $1,323 —
685 685 1 187.00 $187.00 $1,281 +13.00
715 715 1 181.00 $181.00 $1,294 —
765–790 779 4 150.00–167.50 $157.39 $1,226 —
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
315–335 328 5 187.00–200.00 $194.79 $639 +11.47
365 365 1 190.00 $190.00 $694 +6.22
400–435 413 3 184.00–185.00 $184.68 $763 +3.34
475–495 485 2 180.00–185.00 $182.45 $885 +4.45
505–510 508 2 175.00–180.00 $177.51 $902 +5.00
575–590 583 2 170.00–173.00 $171.52 $1,000 +1.52

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Feeder Bulls

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
505–545 520 4 202.00–212.00 $207.30 $1,078 +6.69
550–585 564 5 200.00–212.00 $204.93 $1,156 +22.93
725 725 1 180.00 $180.00 $1,305 +5.00
810 810 1 170.00 $170.00 $1,377 —
865 865 1 173.00 $173.00 $1,496 —
Medium and Large 1-2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $ Δ last sale
900–1000 975 (<2 yrs)N/A 4 2,100.00–2,525.00 $2,426.92 —
1400–1625 1517 Young (2-4 yrs)N/A 8 2,300.00–3,750.00 $2,954.30 —

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Slaughter Cows

Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1025–1080 1057 80-85% 6 73.00–79.00 $75.72 $800 +1.22
1055–1455 1229 80-85% 34 85.00–94.00 $89.31 $1,098 +1.03
1195–1355 1281 80-85% 9 95.00–103.00 $97.87 $1,254 —
Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
810–855 836 85-90% 6 63.00–70.00 $66.84 $559 —
925–1100 1011 85-90% 18 75.00–85.00 $80.14 $810 -5.89
Breaker ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1355–1555 1461 75-80% 4 87.00–93.00 $91.17 $1,332 +6.10

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Slaughter Bulls

YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1420–1565 1465 4 80.00–84.00 $82.04 $1,202 —
1330–2070 1544 10 99.00–116.00 $107.80 $1,664 —

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Stock Cows

Medium and Large 1-2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
720–740 730 (<2 yrs)Open 8 1,475.00 $1,475.00

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Bred Cows

Medium and Large 1-2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1000 1000 Aged (>8 yrs)3rd Stage (7-9 mo) 1 1,125.00 $1,125.00
1035 1035 Young (2-4 yrs)1st Stage (1-3 mo) 1 1,325.00 $1,325.00
950–1255 1132 Young (2-4 yrs)2nd Stage (4-6 mo) 8 1,500.00–1,725.00 $1,597.66
1105–1150 1133 Aged (>8 yrs)2nd Stage (4-6 mo) 8 1,200.00–1,325.00 $1,279.29
1025–1310 1180 Middle Aged (5-8 yrs)2nd Stage (4-6 mo) 21 1,200.00–1,575.00 $1,348.70

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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
1020–1140 1080 Aged (>8 yrs)Open 2 950.00–1,350.00 $1,161.11 —
1150 1150 Young (2-4 yrs)Open 1 2,000.00 $2,000.00 —
1100–1450 1236 Young (2-4 yrs)Open 8 1,570.00–1,985.00 $1,827.14 —
1095–1425 1279 Aged (>8 yrs)Open 4 1,210.00–1,475.00 $1,351.56 —
1150–1510 1303 Middle Aged (5-8 yrs)Open 4 1,525.00–1,750.00 $1,596.40 —
1055–1480 1323 Middle Aged (5-8 yrs)Open 34 1,475.00–2,000.00 $1,690.41 —
1360–1495 1428 Aged (>8 yrs)Open 2 1,450.00–1,750.00 $1,607.09 —
1305–1585 1461 Middle Aged (5-8 yrs)Open 7 1,675.00–2,025.00 $1,844.96 +344.96

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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.