Cattle Market Pulse

Hope Livestock Auction Market Report

Hope, Arkansas · USDA-reported Auction Livestock

Sale of Thursday, December 7, 2023

1,059 head sold ·Official USDA report

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

light 5-weight M&L 1 steers $247.99/cwt -1.13 vs last sale · ≈ $1,303/hd at 526 lb · 26 head
heavy 4-weight M&L 1 steers $275.03/cwt +11.86 vs last sale · ≈ $1,293/hd at 470 lb · 25 head
light 4-weight M&L 1 steers $288.29/cwt +11.86 vs last sale · ≈ $1,216/hd at 422 lb · 24 head
HeadThis saleLast saleLast year
Total receipts 1,059 961 473
Feeder cattle 871 736 396
Slaughter cattle 178 215 77
Replacement cattle 10 10 0

Compared to last week: Feeder steers were unevenly steady over 500 lbs. 300-400 lbs were a few dollars cheaper with 400-500 lbs as much as 10.00 higher. Feeder heifers 1.00-5.00 lower. Slaughter cows steady to 2.00 lower. Slaughter bulls steady. Quality was average. There were numerous light weight calves on offer. Buyers were very aggressive on cattle under 500 lbs. The futures board continues to move lower taking the heavier weight cattle down with it. Next week will be the last sale of the year.

New to these tables? Plain-English explainers ↓

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
300–345 315 18 275.00–312.50 $292.22 $920 -0.69
365–390 375 17 275.00–312.50 $293.08 $1,099 -12.70
400–445 421 20 258.00–317.00 $286.46 $1,206 +10.03
410–440 value added 425 4 295.00–300.00 $297.41 $1,264
460 fancy 460 1 300.00 $300.00 $1,380 -1.00
450–485 468 16 250.00–295.00 $268.65 $1,257 +8.63
455–495 value added 476 8 280.00–295.00 $284.68 $1,355
500–545 523 13 230.00–265.00 $245.63 $1,285 -1.67
520–540 value added 528 13 245.00–255.00 $250.35 $1,322 -1.63
550–575 558 6 230.00–245.00 $234.29 $1,307 -7.79
575 value added 575 3 249.00 $249.00 $1,432
605–625 618 9 224.00–237.50 $229.41 $1,418 -0.35
640 value added 640 3 235.00 $235.00 $1,504
685 685 1 224.00 $224.00 $1,534 +1.12
730 730 1 206.00 $206.00 $1,504 -14.47
755 755 1 213.00 $213.00 $1,608 +7.49
925 925 1 165.00 $165.00 $1,526
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
325–345 338 7 230.00–238.00 $235.10 $795 +0.13
355–395 375 8 230.00–240.00 $236.22 $886 +2.22
425–445 434 12 220.00–230.00 $225.01 $977 -2.47
450–490 470 10 220.00–228.00 $224.33 $1,054 +1.88
515–540 525 9 200.00–220.00 $212.68 $1,117 +2.06
560 560 2 217.00 $217.00 $1,215 +5.28
625 625 1 200.00 $200.00 $1,250

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
300–340 321 7 240.00–262.50 $250.52 $804 +0.13
350–385 367 12 233.00–267.50 $246.95 $906 -2.03
400 value added 400 3 245.00 $245.00 $980
400–440 425 10 220.00–237.00 $224.94 $956 -12.88
455–485 value added 469 8 220.00–235.00 $227.40 $1,067
455–495 475 11 215.00–225.00 $218.89 $1,040 -16.83
500–545 515 14 200.00–219.00 $211.87 $1,091 -5.50
525 value added 525 3 227.00 $227.00 $1,192
565–570 value added 568 5 213.00–221.00 $217.82 $1,237
550–595 572 10 195.00–215.00 $209.09 $1,196 -2.04
605–615 value added 610 4 205.00–215.00 $210.04 $1,281
600–645 618 9 192.00–210.00 $200.46 $1,239 -0.42
650–690 674 5 185.00–208.00 $199.31 $1,343 +0.81
725–730 727 3 165.00–193.00 $176.64 $1,284
750–755 752 3 171.00–188.00 $179.65 $1,351
820–840 830 2 171.00–172.00 $171.49 $1,423 -7.51
890 890 1 163.00 $163.00 $1,451
915 915 2 166.00 $166.00 $1,519
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
310–320 317 6 208.00–215.00 $210.96 $669 -2.80
355–395 381 10 200.00–210.00 $206.99 $789 -7.09
435–440 436 7 200.00–210.00 $204.13 $890 +7.21
450–480 469 5 195.00–200.00 $198.07 $929 +2.77
525–535 529 5 175.00–190.00 $183.93 $973 -0.09

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
465–475 472 3 230.00–235.00 $233.36 $1,101 -2.14
500–545 514 6 225.00–229.00 $225.66 $1,160 +7.03
550–580 560 3 217.00–220.00 $218.04 $1,221 +9.91
625 625 2 200.00–205.00 $202.50 $1,266 +8.63
670–695 683 4 190.00–205.00 $198.72 $1,357
760–770 765 2 175.00–180.00 $177.48 $1,358

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Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1000–1085 1046 80-85% 14 72.00–80.00 $77.14 $807
1025–1425 1218 80-85% 30 84.00–93.00 $87.27 $1,063
1085–1410 1301 80-85% 4 95.00–105.00 $98.69 $1,284
Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
785–825 809 85-90% 7 50.00–63.00 $55.65 $450
925–1030 989 85-90% 17 75.00–80.00 $77.48 $766 -1.74

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YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1320–1520 1390 5 84.00–93.00 $90.14 $1,253
1585–2275 1844 4 101.00–108.00 $103.43 $1,907

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Medium and Large 1-2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
975–1250 1113 Young (2-4 yrs)2nd Stage (4-6 mo) 2 1,175.00–1,350.00 $1,273.31
1150 1150 Middle Aged (5-8 yrs)2nd Stage (4-6 mo) 1 1,175.00 $1,175.00

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Medium and Large 1-2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $ Δ last sale
1585 1585 Middle Aged (5-8 yrs)Open 1 1,900.00 $1,900.00

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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.