Cattle Market Pulse

Hope Livestock Auction Market Report

Hope, Arkansas · USDA-reported Auction Livestock

Sale of Thursday, November 16, 2023

974 head sold ·Official USDA report

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

heavy 3-weight M&L 1 steers $288.07/cwt +11.09 vs last sale · ≈ $1,067/hd at 370 lb · 20 head
heavy 4-weight M&L 1 steers $254.04/cwt -2.84 vs last sale · ≈ $1,199/hd at 472 lb · 16 head
light 4-weight M&L 1 steers $260.13/cwt -7.74 vs last sale · ≈ $1,085/hd at 417 lb · 15 head

Receipts

HeadThis saleLast saleLast year
Total receipts 974 1,123 1,059
Feeder cattle 602 1,108 918
Slaughter cattle 222 — 141
Replacement cattle 150 15 0

Market comments — USDA reporter

Compared to last week: Feeder steers 4.00-10.00 higher. Feeder heifers 2.00-10.00 higher. Slaughter cows steady to 1.00 higher. Slaughter bulls 1.00 higher. Quality was average. Market was stronger on most classes of cattle. Lightweight cattle are still in high demand.

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
300–345 320 13 265.00–305.00 $290.86 $931 +11.77
360 fancy 360 1 310.00 $310.00 $1,116 —
350–395 371 19 265.00–305.00 $286.92 $1,064 +9.94
400–440 417 15 248.00–275.00 $260.13 $1,085 -4.93
450–490 472 16 244.00–266.00 $254.04 $1,199 -0.75
500–540 527 11 230.00–250.00 $238.35 $1,256 +5.07
550–580 561 9 220.00–250.00 $230.15 $1,291 +8.40
575 value added 575 3 255.00 $255.00 $1,466 —
600–610 605 2 220.00–228.00 $224.03 $1,355 +8.68
675 675 2 217.00–219.00 $218.00 $1,472 +6.64
700–715 707 3 200.00–217.50 $211.43 $1,495 +6.43
760 760 1 218.00 $218.00 $1,657 —
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
325–340 333 4 235.00–240.00 $237.56 $791 -1.56
350–395 379 10 225.00–235.00 $231.09 $876 +1.63
405–445 435 5 210.00–230.00 $224.25 $975 +2.07
460–490 475 6 220.00–228.00 $222.67 $1,058 +9.25
510–535 522 5 210.00–215.00 $214.02 $1,117 +8.57

↑ Back to top

Feeder Heifers

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
300–335 315 12 225.00–265.00 $246.49 $776 -3.85
350–390 362 10 230.00–267.50 $249.44 $903 +3.67
405–445 427 10 237.00–250.00 $242.82 $1,037 +12.56
450–495 475 12 225.00–240.00 $233.80 $1,111 +11.21
510–535 526 10 215.00–230.00 $221.00 $1,162 +7.02
550–580 564 8 205.00–220.00 $210.16 $1,185 +1.52
600–625 608 5 195.00–214.00 $201.00 $1,222 +0.71
835 835 1 166.00 $166.00 $1,386 —
850–880 868 3 145.00–157.50 $150.89 $1,310 —
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
300–320 310 5 205.00–210.00 $208.06 $645 -0.55
355–395 377 10 205.00–218.00 $212.08 $800 +6.33
400–425 416 10 200.00–210.00 $203.07 $845 +2.05
450–485 469 10 190.00–205.00 $198.34 $930 +2.86
500–545 520 5 172.00–183.00 $176.93 $920 -11.09
550 550 2 170.00 $170.00 $935 —

↑ Back to top

Feeder Bulls

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
455–485 472 9 225.00–230.00 $228.15 $1,077 +14.53
505–545 529 4 209.00–220.00 $214.80 $1,136 +7.81
555–595 581 4 204.00–214.00 $209.74 $1,219 +11.38
635–645 638 5 195.00–208.00 $204.62 $1,305 +16.82
670–695 688 5 195.00–206.00 $201.31 $1,385 +12.31
735 735 1 191.00 $191.00 $1,404 +7.49
755–765 760 2 170.00–177.00 $173.52 $1,319 -6.48

↑ Back to top

Slaughter Cows

Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1010–1080 1047 80-85% 14 74.00–85.00 $78.56 $823 —
1085–1355 1202 80-85% 33 87.00–96.00 $91.51 $1,100 —
1075–1515 1269 80-85% 6 98.00–100.00 $98.92 $1,255 —
Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
785–825 813 85-90% 6 50.00–59.00 $53.29 $433 —
955–1020 987 85-90% 14 74.00–80.00 $76.50 $755 —
Breaker ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1470 1470 75-80% 1 88.00 $88.00 $1,294 —

↑ Back to top

Slaughter Bulls

YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1285–1455 1369 4 88.00–95.00 $91.46 $1,252 —
1515–1935 1656 8 102.00–106.00 $104.76 $1,735 —

↑ Back to top

Bred Cows

Medium and Large 1-2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
950–1155 1039 Young (2-4 yrs)2nd Stage (4-6 mo) 7 1,375.00–1,500.00 $1,463.72
1045–1100 1067 Middle Aged (5-8 yrs)1st Stage (1-3 mo) 5 1,300.00–1,350.00 $1,320.62
1150 1150 Middle Aged (5-8 yrs)3rd Stage (7-9 mo) 1 1,600.00 $1,600.00
1095–1350 1152 Middle Aged (5-8 yrs)2nd Stage (4-6 mo) 22 1,250.00–1,710.00 $1,422.26
1175 fancy 1175 Young (2-4 yrs)2nd Stage (4-6 mo) 1 1,875.00 $1,875.00

↑ Back to top

Bred Heifers

Medium and Large 1-2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
925–1165 1001 Young (2-4 yrs)2nd Stage (4-6 mo) 9 1,350.00–1,675.00 $1,547.39

↑ Back to top

Cow-Calf Pairs

Medium and Large 1-2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $ Δ last sale
1155–1255 1211 Young (2-4 yrs)Open 5 1,600.00–1,875.00 $1,802.81 —
1110–1325 1252 Middle Aged (5-8 yrs)Open 13 1,400.00–1,800.00 $1,632.13 —
1185–1385 1265 Aged (>8 yrs)Open 6 1,350.00–1,450.00 $1,399.47 —
1330–1500 1416 Middle Aged (5-8 yrs)Open 5 1,850.00–1,900.00 $1,869.42 —
1540 1540 Middle Aged (5-8 yrs)3rd Stage (7-9 mo) 2 1,625.00 $1,625.00 —

↑ 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.