Cattle Market Pulse

Hope Livestock Auction Market Report

Hope, Arkansas · USDA-reported Auction Livestock

Sale of Thursday, October 26, 2023

1,029 head sold ·Official USDA report

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

light 5-weight M&L 1 steers $232.72/cwt -14.64 vs last sale · ≈ $1,216/hd at 523 lb · 22 head
heavy 4-weight M&L 1 heifers $202.60/cwt -16.05 vs last sale · ≈ $962/hd at 475 lb · 21 head
heavy 3-weight M&L 1 steers $272.32/cwt -0.38 vs last sale · ≈ $1,019/hd at 374 lb · 19 head
HeadThis saleLast saleLast year
Total receipts 1,029 1,569 1,046
Feeder cattle 857 1,084 800
Slaughter cattle 162 335 211
Replacement cattle 10 150 35

Compared to last week: Feeder steers 3.00-10.00 instances 15.00 lower. Feeder heifers under 400 lbs. 2.00-10.00 higher; over 400 lbs. 7.00-15.00 instances 20.00 lower. Slaughter cows were uneven with boner cows being steady and lean cows being 3.00-5.00 lower. Slaughter bulls steady. Quality was average. Market was softer on most classes of cattle. 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 ↓

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
300–345 314 14 250.00–285.00 $265.51 $834 -13.99
350–360 fancy 353 3 292.50–310.00 $301.67 $1,065 +1.67
350–395 378 16 255.00–278.00 $266.82 $1,009 -2.85
405 fancy 405 1 281.00 $281.00 $1,138
420 value added 420 2 261.00 $261.00 $1,096 -4.00
400–445 422 12 238.00–267.00 $250.19 $1,056 -11.59
465 value added 465 2 254.00 $254.00 $1,181 -11.74
455–495 480 9 237.50–241.00 $240.02 $1,152 -13.80
500–545 518 16 225.00–242.50 $230.60 $1,195 -16.76
525–545 value added 535 6 232.00–245.00 $238.38 $1,275
560–595 574 13 224.00–235.00 $231.11 $1,327 -10.06
565–590 value added 578 4 238.00–240.00 $238.98 $1,381 -12.29
610 value added 610 2 230.00 $230.00 $1,403 -7.00
615–620 618 2 215.00–232.00 $223.53 $1,381 -8.80
655–680 668 6 210.00–226.00 $215.27 $1,438 -13.57
700–720 711 4 205.00–210.00 $208.77 $1,484 -3.24
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
310–345 328 6 220.00–230.00 $223.17 $732 -8.71
355–385 372 5 215.00–227.00 $221.65 $825
410–445 423 8 212.00–225.00 $219.06 $927 -6.92
500–545 517 6 200.00–210.00 $206.04 $1,065 -8.93

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
305–340 324 9 230.00–244.00 $234.75 $761 +10.13
330 fancy 330 1 254.00 $254.00 $838
340 value added 340 3 231.00 $231.00 $785
350 value added 350 2 234.00 $234.00 $819
350–360 fancy 357 3 240.00–247.50 $242.45 $866
355–385 371 13 210.00–235.00 $224.28 $832 +1.97
400–445 424 12 205.00–228.00 $212.38 $900 -6.72
465–470 467 5 185.00–189.00 $187.39 $875 -31.26
455–490 477 16 200.00–224.00 $207.35 $989 -11.30
515 515 1 256.00 $256.00 $1,318 +37.23
520 value added 520 2 210.00 $210.00 $1,092
500–540 521 15 195.00–209.00 $204.37 $1,065 -14.40
560–595 576 8 192.00–206.00 $200.28 $1,154 -16.33
600–640 623 16 185.00–200.00 $195.21 $1,216 -20.92
660–690 674 5 193.00–198.00 $195.79 $1,320 -19.90
715–725 720 2 189.00 $189.00 $1,361 -28.00
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
300–340 320 4 180.00–200.00 $189.38 $606 -8.15
375–385 381 5 185.00–195.00 $188.94 $720 -7.13
405–435 415 10 175.00–185.00 $179.56 $745 -10.56
450–495 476 12 170.00–182.00 $176.99 $842 -9.88
525–540 528 5 160.00–175.00 $168.01 $887 -16.02

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
455–495 467 10 200.00–220.00 $209.41 $978 -26.30
505–535 526 8 200.00–215.00 $204.30 $1,075 -20.70
555–595 574 10 185.00–200.00 $195.41 $1,122 -20.01
600–645 620 8 185.00–201.00 $193.77 $1,201 -5.51
670 670 2 185.00 $185.00 $1,240 -22.00
770 770 1 170.00 $170.00 $1,309
865 865 1 169.00 $169.00 $1,462

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Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1035–1070 1054 80-85% 10 68.00–79.00 $73.30 $773 -2.46
1050–1430 1186 80-85% 22 83.00–94.00 $88.84 $1,054
1065–1545 1297 80-85% 9 95.00–102.00 $97.47 $1,264
Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
785–845 821 85-90% 7 45.00–55.00 $51.08 $419
905–1065 985 85-90% 2 80.00–81.00 $80.46 $793 +0.91
900–1055 988 85-90% 11 65.00–75.00 $70.81 $700 -8.74

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YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1285–1355 1322 3 90.00–92.00 $91.01 $1,203
1380–1965 1598 4 102.00–110.00 $106.20 $1,697

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Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
1320 1320 Middle Aged (5-8 yrs)2nd Stage (4-6 mo) 1 100.00 $100.00 $1,320

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Medium and Large 1-2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $ Δ last sale
1230 1230 Middle Aged (5-8 yrs)Open 1 1,475.00 $1,475.00 -208.03
1585 1585 Middle Aged (5-8 yrs)Open 1 1,600.00 $1,600.00

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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.