Cattle Market Pulse

Hope Livestock Auction Market Report

Hope, Arkansas · USDA-reported Auction Livestock

Sale of Thursday, October 5, 2023

619 head sold ·Official USDA report

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

light 5-weight M&L 1 heifers $199.98/cwt -14.08 vs last sale · ≈ $1,034/hd at 517 lb · 22 head
heavy 4-weight M&L 1 heifers $207.66/cwt -10.34 vs last sale · ≈ $976/hd at 470 lb · 15 head
light 4-weight M&L 1 steers $257.20/cwt -18.84 vs last sale · ≈ $1,088/hd at 423 lb · 15 head

Receipts

HeadThis saleLast saleLast year
Total receipts 619 1,105 1,086
Feeder cattle 509 869 772
Slaughter cattle 100 211 269
Replacement cattle 10 25 45

Market comments — USDA reporter

Compared to last week: Feeder steers 5.00-15.00 instances 20.00 lower. Feeder heifers 10.00-15.00 instances 20.00 lower. Slaughter cows 2.00-5.00 higher. Slaughter bulls 2.00-3.00 higher. Quality was average to plain. Buyers were more reluctant on buying this week. All classes of calves were considerably cheaper this week. Slaughter cattle gained ground after a cheaper market last week. Sold 2 loads on video this week 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
360–395 383 13 250.00–287.50 $269.63 $1,033 -24.85
400–445 423 15 243.00–277.00 $257.20 $1,088 -16.43
450–495 471 15 241.00–265.00 $250.25 $1,179 -7.62
505–530 523 7 233.00–251.00 $239.05 $1,250 -1.16
560–580 569 6 228.00–247.50 $237.78 $1,353 +4.07
615–645 628 7 210.00–230.00 $220.46 $1,384 -6.77
665–680 670 3 207.00–210.00 $209.01 $1,400 -9.99
725 725 2 207.00 $207.00 $1,501 -14.71
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
315–345 329 9 215.00–225.00 $219.37 $722 -16.29
355–390 381 7 210.00–220.00 $216.44 $825 -16.07
425–435 430 4 200.00–215.00 $207.59 $893 -16.24
475–480 477 3 200.00–205.00 $203.32 $970 -13.14

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Feeder Heifers

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
325–345 332 7 205.00–210.00 $207.80 $690 -24.35
365–395 382 7 205.00–210.00 $207.07 $791 -22.93
425–435 430 6 200.00–217.00 $207.21 $891 -18.05
450–490 470 15 195.00–219.00 $207.66 $976 -2.34
500–545 517 22 190.00–221.00 $199.98 $1,034 -17.28
550–585 571 12 190.00–210.00 $201.09 $1,148 -15.99
600–645 614 9 180.00–205.00 $189.55 $1,164 -25.43
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
310 310 2 180.00 $180.00 $558 -30.00
350–395 374 6 185.00–200.00 $189.27 $708 -16.03
410–435 418 3 185.00–190.00 $186.73 $781 -13.70
485 485 2 175.00 $175.00 $849 -21.94
545 545 2 175.00 $175.00 $954 -14.97

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Feeder Bulls

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
455–475 465 4 220.00–225.00 $222.55 $1,035 -13.16
505–545 528 6 195.00–220.00 $212.14 $1,120 -6.69
560–580 572 7 170.00–193.00 $182.20 $1,042 -30.30
605–640 622 6 178.00–190.00 $183.56 $1,142 -8.42

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Slaughter Cows

Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1030–1200 1117 80-85% 5 80.00–85.00 $83.16 $929 —
1070–1295 1215 80-85% 3 99.00–102.00 $100.24 $1,218 +13.87
1100–1365 1241 80-85% 12 87.00–96.00 $90.01 $1,117 +3.64
Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
825–840 833 85-90% 2 52.00–60.00 $56.04 $467 +4.43
835–1035 968 85-90% 3 62.00–72.00 $69.13 $669 -5.67
985–1055 1022 85-90% 8 75.00–85.00 $79.27 $810 —
Breaker ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1515 1515 75-80% 1 85.00 $85.00 $1,288 —
1430–1660 1524 75-80% 4 92.00–97.00 $93.99 $1,432 —

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Slaughter Bulls

YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1450 1450 1 88.00 $88.00 $1,276 —
1495–1685 1598 4 104.00–110.00 $107.59 $1,719 —

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Bred Cows

Medium and Large 1-2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1075–1145 1105 Young (2-4 yrs)2nd Stage (4-6 mo) 3 1,425.00–1,500.00 $1,457.96
1100–1155 1128 Middle Aged (5-8 yrs)2nd Stage (4-6 mo) 2 1,250.00–1,300.00 $1,274.39

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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.