Cattle Market Pulse

Hope Livestock Auction Market Report

Hope, Arkansas · USDA-reported Auction Livestock

Sale of Thursday, December 14, 2023

910 head sold ·Official USDA report

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

heavy 4-weight M&L 1 steers $275.82/cwt +0.78 vs last sale · ≈ $1,275/hd at 462 lb · 25 head
light 4-weight M&L 1 steers $289.73/cwt +1.44 vs last sale · ≈ $1,211/hd at 418 lb · 20 head
light 5-weight M&L 1 steers $258.32/cwt +10.33 vs last sale · ≈ $1,340/hd at 519 lb · 20 head

Receipts

HeadThis saleLast saleLast year
Total receipts 910 1,059 1,036
Feeder cattle 692 871 782
Slaughter cattle 183 178 224
Replacement cattle 35 10 30

Market comments — USDA reporter

Compared to last week: Feeder steers under 600 lbs. 2.00-5.00 higher; over 600 lbs. 3.00-8.00 lower. Feeder heifers 4.00-8.00 lower. Slaughter cows steady. Slaughter bulls steady. Quality was average. Buyer were still very aggressive on the lighter weight steers. Heavier cattle were softer. Sold a video load to view results click this link (https://www.ams.usda.gov/mnreports/ams_3628.pdf). Next sale will be January 4.

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
300–335 318 8 280.00–295.00 $285.68 $908 -6.54
350–395 376 15 270.00–320.00 $292.86 $1,101 -0.22
400–440 418 20 260.00–315.00 $289.73 $1,211 +3.27
460 value added 460 5 289.00–295.00 $291.40 $1,340 +6.72
450–490 463 20 253.00–295.00 $271.92 $1,259 +3.27
500–535 value added 514 7 260.00–275.00 $267.24 $1,374 +16.89
500–535 521 13 237.50–270.00 $253.52 $1,321 +7.89
550–595 574 8 230.00–240.00 $235.84 $1,354 +1.55
555–590 value added 574 7 250.00–260.00 $252.76 $1,451 +3.76
610–615 value added 614 4 235.00–260.00 $241.21 $1,481 +6.21
615–645 628 7 217.50–240.00 $226.00 $1,419 -3.41
665 665 1 215.00 $215.00 $1,430 -9.00
700–745 727 11 190.00–205.00 $200.15 $1,455 -5.85
760 760 1 200.00 $200.00 $1,520 -13.00
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
305–345 320 10 235.00–250.00 $242.75 $777 +7.65
355–395 378 13 230.00–245.00 $237.46 $898 +1.24
405–430 419 9 225.00–230.00 $227.65 $954 +2.64
450–495 473 6 215.00–225.00 $221.51 $1,048 -2.82
510–540 525 6 210.00–220.00 $213.24 $1,120 +0.56
555 555 2 210.00 $210.00 $1,166 -7.00

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Feeder Heifers

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
300–345 324 12 230.00–260.00 $245.03 $794 -5.49
335 value added 335 1 280.00 $280.00 $938 —
360 value added 360 3 270.00–275.00 $271.67 $978 —
350–395 375 11 225.00–245.00 $233.30 $875 -13.65
405–440 424 9 215.00–222.50 $220.33 $934 -4.61
450–490 464 7 212.50–220.00 $216.07 $1,003 -2.82
500–540 523 10 205.00–220.00 $213.34 $1,116 +1.47
555–585 571 10 195.00–200.00 $196.96 $1,125 -12.13
605–635 621 8 190.00–205.00 $196.34 $1,219 -4.12
655–695 672 3 181.00–197.50 $191.00 $1,284 -8.31
715–720 718 2 176.00–180.00 $177.99 $1,278 +1.35
820–840 827 3 168.00–177.00 $171.31 $1,417 -0.18
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
300–310 306 5 200.00–205.00 $200.98 $615 -9.98
355–395 373 10 200.00–210.00 $202.90 $757 -4.09
425–445 438 6 185.00–195.00 $191.76 $840 -12.37
455–475 465 4 190.00–192.00 $190.98 $888 -7.09
500–510 505 6 155.00–178.00 $172.20 $870 -11.73
570 570 1 175.00 $175.00 $998 —

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Feeder Bulls

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
480–485 481 5 235.00 $235.00 $1,130 +1.64
510–545 524 9 220.00–235.00 $227.07 $1,190 +1.41
625–635 630 2 185.00–187.00 $185.99 $1,172 -16.51

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Slaughter Cows

Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1020–1120 1052 80-85% 14 73.00–82.00 $76.59 $806 —
1055–1550 1278 80-85% 19 85.00–92.00 $88.36 $1,129 —
1305 1305 80-85% 1 105.00 $105.00 $1,370 +6.31
Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
800–855 818 85-90% 8 52.00–62.00 $56.64 $463 +0.99
950–1115 993 85-90% 14 73.00–82.00 $77.08 $765 -0.40
Breaker ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1355 1355 75-80% 1 85.00 $85.00 $1,152 —

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Slaughter Bulls

YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1325–1455 1397 5 79.00–87.00 $82.91 $1,158 -7.23
1620–1820 1731 7 101.00–108.00 $103.70 $1,795 —

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Bred Cows

Medium and Large 1-2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
925 925 Middle Aged (5-8 yrs)3rd Stage (7-9 mo) 1 1,350.00 $1,350.00
1060 1060 Young (2-4 yrs)1st Stage (1-3 mo) 1 1,100.00 $1,100.00
1095 1095 Young (2-4 yrs)3rd Stage (7-9 mo) 1 1,550.00 $1,550.00
980–1310 1113 Young (2-4 yrs)2nd Stage (4-6 mo) 7 1,210.00–1,575.00 $1,449.16
980–1325 1132 Middle Aged (5-8 yrs)2nd Stage (4-6 mo) 10 1,100.00–1,600.00 $1,310.42

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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
1025 1025 Young (2-4 yrs)Open 1 1,650.00 $1,650.00 —
1030–1355 1148 Aged (>8 yrs)Open 6 1,100.00–1,400.00 $1,219.49 —
1040–1310 1164 Middle Aged (5-8 yrs)Open 8 1,300.00–1,780.00 $1,463.83 —
1250–1495 1333 Middle Aged (5-8 yrs)Open 3 1,600.00–1,800.00 $1,713.97 —

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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.