Cattle Market Pulse

Hope Livestock Auction Market Report

Hope, Arkansas · USDA-reported Auction Livestock

Sale of Thursday, June 23, 2022

399 head sold ·Official USDA report

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

light 6-weight M&L 1 heifers $145.06/cwt +5.60 vs last sale · ≈ $898/hd at 619 lb · 19 head
heavy 4-weight M&L 1 heifers $155.45/cwt +1.92 vs last sale · ≈ $734/hd at 472 lb · 18 head
light 5-weight M&L 1 heifers $152.87/cwt +2.21 vs last sale · ≈ $811/hd at 530 lb · 15 head

Receipts

HeadThis saleLast saleLast year
Total receipts 399 522 0
Feeder cattle 338 416 0
Slaughter cattle 61 106 0

Market comments — USDA reporter

Compared to two weeks ago: Feeder steers 3.00-10.00 lower. Feeder heifers under 550 lbs. steady; over 550 lbs. 5.00-10.00 higher. Slaughter cows 3.00-5.00 lower. Slaughter bulls 3.00-5.00 lower. Quality was average.

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
355–380 363 3 175.00–185.00 $178.26 $647 +0.65
405–445 426 7 165.00–175.00 $170.58 $727 -8.86
450 450 1 170.00 $170.00 $765 -0.80
500–540 515 10 155.00–168.00 $160.75 $828 -6.42
555–595 573 8 150.00–157.00 $154.20 $884 -8.43
600–635 619 9 145.00–153.00 $147.08 $910 -10.53
650–670 659 6 145.00–152.00 $147.17 $970 -6.82
700–735 712 3 140.00–145.00 $142.70 $1,016 +2.70
750 750 1 130.00 $130.00 $975 —
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
400–425 414 4 142.00–150.00 $146.68 $607 -5.74
530–535 533 2 135.00–138.00 $136.49 $727 -6.56
585 585 1 130.00 $130.00 $760 —

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Feeder Heifers

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
305 305 2 157.00–158.00 $157.50 $480 —
365–390 378 3 155.00 $155.00 $586 +0.50
415–445 432 11 145.00–163.00 $156.23 $675 -0.71
440 value added 440 3 164.00 $164.00 $722 —
450 value added 450 2 160.00 $160.00 $720 —
460–490 475 16 150.00–159.00 $154.88 $736 +1.35
525–530 value added 528 6 156.00–158.00 $157.00 $829 -3.00
505–545 532 9 145.00–155.00 $150.12 $799 +0.90
550–595 568 13 140.00–153.00 $148.67 $844 +9.63
605 value added 605 3 151.00 $151.00 $914 +5.02
600–645 622 16 135.00–149.00 $143.95 $895 +5.94
650–690 664 6 130.00–140.00 $135.70 $901 +0.70
715–745 732 3 125.00–140.00 $131.72 $964 +10.55
780 780 1 123.00 $123.00 $959 —
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
310–325 318 2 135.00–140.00 $137.44 $437 +2.08
400 400 1 135.00 $135.00 $540 ±0.00
585 585 1 125.00 $125.00 $731 —

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Feeder Bulls

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
510–525 515 3 139.00–148.00 $142.31 $733 -7.14
595 595 1 139.00 $139.00 $827 -8.05
600–630 613 3 130.00–139.00 $134.61 $825 -7.84
680 680 1 132.00 $132.00 $898 -5.00

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Slaughter Cows

Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1055 1055 80-85% 4 48.00–57.00 $52.25 $551 -4.76
1050–1365 1227 80-85% 9 72.00–80.00 $76.71 $941 -2.52
1100–1320 1254 80-85% 5 82.00–85.00 $83.67 $1,049 -7.17
Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
985–1100 1038 85-90% 8 58.00–65.00 $62.26 $646 —

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Slaughter Bulls

YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1455 1455 1 70.00 $70.00 $1,018 —
1580–1980 1771 5 85.00–94.00 $90.66 $1,606 —

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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.