Cattle Market Pulse

Hope Livestock Auction Market Report

Hope, Arkansas · USDA-reported Auction Livestock

Sale of Thursday, October 12, 2023

1,170 head sold ·Official USDA report

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

light 5-weight M&L 1 steers $252.28/cwt +13.23 vs last sale · ≈ $1,297/hd at 514 lb · 32 head
heavy 5-weight M&L 1 steers $239.54/cwt +1.76 vs last sale · ≈ $1,375/hd at 574 lb · 23 head
light 5-weight M&L 1 heifers $222.51/cwt +22.53 vs last sale · ≈ $1,149/hd at 516 lb · 17 head

Receipts

HeadThis saleLast saleLast year
Total receipts 1,170 619 1,326
Feeder cattle 933 509 1,078
Slaughter cattle 222 100 238
Replacement cattle 15 10 10

Market comments — USDA reporter

Compared to last week: Feeder steers 2.00-12.00 instances 15.00-18.00 higher. Feeder heifers 3.00-10.00 instances 15.00-20.00 higher. Slaughter cows steady to 2.00 higher. Slaughter bulls steady. Most classes of cattle were higher. Market had a much better tone over last week. Quality was from attractive to plain. Better quality cattle were in high demand with the plainer cattle having limited interest. Next Thursday will be the stock cow special with over 300 stock cows coming. Sold a load of preconditioned steers on video; to view results 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
315–345 330 10 265.00–280.00 $271.87 $897 —
360 fancy 360 1 307.00 $307.00 $1,105 —
355–395 370 10 260.00–293.00 $277.19 $1,026 +7.56
400 fancy 400 1 305.00 $305.00 $1,220 —
400–445 420 12 250.00–270.00 $257.86 $1,083 +0.66
450–495 473 17 245.00–273.00 $256.30 $1,212 +6.05
500–525 512 30 235.00–267.00 $251.43 $1,287 +12.38
545 value added 545 2 265.00 $265.00 $1,444 —
550–595 574 23 230.00–255.00 $239.54 $1,375 +1.76
610–635 625 14 220.00–237.00 $228.05 $1,425 +7.59
650–695 668 8 220.00–237.00 $227.64 $1,521 +18.63
700–745 723 3 220.00–230.00 $226.77 $1,640 +19.77
725 value added 725 2 233.00 $233.00 $1,689 —
750 750 1 221.00 $221.00 $1,658 —
775 value added 775 3 232.00–237.00 $235.33 $1,824 —
805–815 810 2 215.00–216.00 $215.50 $1,746 —
925 925 1 211.00 $211.00 $1,952 —
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
300–340 320 7 225.00–235.00 $230.07 $736 +10.70
370–395 386 8 225.00–236.00 $230.19 $889 +13.75
405–440 421 9 222.00–229.00 $226.01 $952 +18.42
450–495 470 7 220.00–225.00 $222.05 $1,044 +18.73
515–535 525 7 210.00–220.00 $214.23 $1,125 —

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Feeder Heifers

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
325–345 330 11 220.00–240.00 $227.30 $750 +19.50
355–395 377 11 220.00–241.00 $228.08 $860 +21.01
415–430 423 8 220.00–225.00 $222.63 $942 +15.42
465–495 479 7 215.00–224.00 $217.43 $1,041 +9.77
510–530 514 14 215.00–222.00 $220.33 $1,132 +20.35
525–530 value added 527 3 232.00–234.00 $232.67 $1,226 —
555–575 561 5 215.00–220.00 $216.80 $1,216 +15.71
565 value added 565 2 221.00 $221.00 $1,249 —
600–630 608 9 212.00–223.00 $214.24 $1,303 +24.69
700–725 712 3 180.00–215.00 $197.13 $1,404 —
760 760 1 224.00 $224.00 $1,702 —
760 760 1 181.00 $181.00 $1,376 —
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
310–345 319 14 190.00–205.00 $196.73 $628 +16.73
355–390 374 10 185.00–195.00 $188.63 $705 -0.64
400–435 417 11 185.00–200.00 $190.49 $794 +3.76
455–485 467 9 185.00–190.00 $186.76 $872 +11.76

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Feeder Bulls

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
455–495 477 15 227.00–245.00 $235.42 $1,123 +12.87
510–545 529 8 226.00–235.00 $230.10 $1,217 +17.96
550–595 575 6 215.00–223.00 $219.59 $1,263 +37.39
640–645 643 2 194.00–205.00 $199.48 $1,283 +15.92
655 655 3 195.00–208.00 $203.33 $1,332 —
745 745 1 187.00 $187.00 $1,393 —

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Slaughter Cows

Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
985–1055 1036 80-85% 10 72.00–80.00 $75.09 $778 —
1020–1415 1163 80-85% 41 88.00–100.00 $93.21 $1,084 —
1155–1260 1205 80-85% 3 102.00–104.00 $102.66 $1,237 +2.42
Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
825–865 843 85-90% 5 58.00–65.00 $60.03 $506 +3.99
920–1025 988 85-90% 11 72.00–82.00 $77.84 $769 +8.71
Breaker ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1380–1615 1498 75-80% 2 97.00 $97.00 $1,453 —

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Slaughter Bulls

YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1360–1455 1396 4 85.00–100.00 $93.41 $1,304 —
1550–1795 1659 7 104.00–110.00 $106.80 $1,772 —

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Bred Cows

Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
1155 1155 Middle Aged (5-8 yrs)2nd Stage (4-6 mo) 1 96.00 $96.00 $1,109
1165 1165 Young (2-4 yrs)2nd Stage (4-6 mo) 1 112.00 $112.00 $1,305

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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
1215 1215 Aged (>8 yrs)Open 1 1,225.00 $1,225.00 —
1260 1260 Middle Aged (5-8 yrs)Open 1 1,500.00 $1,500.00 —
1395–1410 1403 Aged (>8 yrs)Open 2 1,400.00 $1,400.00 —

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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.