Cattle Market Pulse

Hope Livestock Auction Market Report

Hope, Arkansas · USDA-reported Auction Livestock

Sale of Thursday, November 9, 2023

1,123 head sold ·Official USDA report

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

light 4-weight M&L 1 heifers $231.94/cwt +19.56 vs last sale · ≈ $984/hd at 424 lb · 29 head
light 5-weight M&L 1 heifers $213.98/cwt +6.12 vs last sale · ≈ $1,108/hd at 518 lb · 23 head
heavy 4-weight M&L 1 heifers $228.12/cwt +25.52 vs last sale · ≈ $1,072/hd at 470 lb · 21 head

Receipts

HeadThis saleLast saleLast year
Total receipts 1,123 1,029 813
Feeder cattle 1,108 857 803
Slaughter cattle — 162 —
Replacement cattle 15 10 10

Market comments — USDA reporter

Compared to two weeks ago: Feeder steers under 500 lbs. 10.00-14.00 higher; over 500 lbs. 3.00-8.00 lower. Feeder heifers 5.00-10.00 instances 15.00 higher. Slaughter cows 1.00-3.00 higher. Slaughter bulls 2.00 lower. Quality was average. Attractive light weight calves were in high demand. Recent drops in the cattle futures has put a damper on the heavier weight cattle. Next Thursday will be the stock cow special with around 200 replacement cows consigned.

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
300–345 317 18 270.00–295.00 $279.09 $885 +13.58
355–390 374 14 260.00–297.50 $276.98 $1,036 +10.16
400 fancy 400 1 310.00 $310.00 $1,240 +29.00
400–435 422 15 250.00–282.50 $265.06 $1,119 +14.87
450 fancy 450 1 292.50 $292.50 $1,316 —
450–490 469 17 230.00–275.00 $254.79 $1,195 +14.77
505–545 527 13 225.00–250.00 $233.28 $1,229 +2.68
535 value added 535 2 240.00 $240.00 $1,284 +1.62
550–585 574 9 220.00–225.00 $221.75 $1,273 -9.36
600–640 614 9 209.00–218.00 $215.35 $1,322 -8.18
670–685 678 5 207.50–216.00 $211.36 $1,433 -3.91
725–740 731 4 205.00 $205.00 $1,499 -3.77
895 895 1 195.00 $195.00 $1,745 —
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
305–345 322 8 232.00–245.00 $239.12 $770 +15.95
360–385 376 9 225.00–235.00 $229.46 $863 +7.81
405–440 427 14 215.00–230.00 $222.18 $949 +3.12
450–490 474 6 210.00–215.00 $213.42 $1,012 —
505–540 525 6 200.00–210.00 $205.45 $1,079 -0.59

↑ Back to top

Feeder Heifers

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
325 fancy 325 1 280.00 $280.00 $910 +26.00
310–335 328 6 235.00–267.50 $250.34 $821 +15.59
350 value added 350 3 270.00 $270.00 $945 +36.00
350–395 373 17 225.00–266.00 $245.77 $917 +21.49
400–445 424 24 220.00–245.00 $230.26 $976 +17.88
415–440 value added 425 5 240.00 $240.00 $1,020 —
450–490 value added 468 9 232.50–240.00 $235.49 $1,102 —
455–490 471 12 213.00–232.00 $222.59 $1,048 +35.20
500–535 518 23 209.00–223.00 $213.98 $1,108 +9.61
550–595 576 17 200.00–217.00 $208.64 $1,202 +8.36
600 value added 600 2 212.50 $212.50 $1,275 —
605–640 621 8 192.50–205.00 $200.29 $1,244 +5.08
660–695 677 5 180.00–207.00 $188.80 $1,278 -6.99
705 705 1 205.00 $205.00 $1,445 +16.00
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
300–345 331 11 205.00–210.00 $208.61 $690 +19.23
350–390 369 14 200.00–215.00 $205.75 $759 +16.81
410–440 424 11 190.00–210.00 $201.02 $852 +21.46
455–485 476 10 185.00–200.00 $195.48 $930 +18.49
500–540 524 7 180.00–195.00 $188.02 $985 +20.01

↑ Back to top

Feeder Bulls

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
455–490 480 8 200.00–220.00 $213.62 $1,025 +4.21
500–535 518 6 197.00–215.00 $206.99 $1,072 +2.69
555–595 572 6 190.00–205.00 $198.36 $1,135 +2.95
600–635 615 7 175.00–200.00 $187.80 $1,155 -5.97
690 690 1 189.00 $189.00 $1,304 +4.00
725–735 730 2 182.00–185.00 $183.51 $1,340 —
765 765 1 180.00 $180.00 $1,377 +10.00
825 825 1 175.00 $175.00 $1,444 —

↑ Back to top

Stock Cows

Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
865–910 887 Young (2-4 yrs)Open 6 95.00–101.00 $97.65 $866

↑ Back to top

Bred Cows

Medium and Large 1-2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1060–1360 1196 Middle Aged (5-8 yrs)2nd Stage (4-6 mo) 4 1,500.00–1,600.00 $1,567.71
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
1075 1075 Middle Aged (5-8 yrs)1st Stage (1-3 mo) 2 95.00 $95.00 $1,021

↑ Back to top

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.