Cattle Market Pulse

Hope Livestock Auction Market Report

Hope, Arkansas · USDA-reported Auction Livestock

Sale of Thursday, June 1, 2023

733 head sold ·Official USDA report

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

heavy 4-weight M&L 1 steers $245.95/cwt +2.22 vs last sale · ≈ $1,149/hd at 467 lb · 26 head
heavy 4-weight M&L 1 heifers $219.65/cwt +2.20 vs last sale · ≈ $1,048/hd at 477 lb · 20 head
light 4-weight M&L 1 steers $261.31/cwt +15.68 vs last sale · ≈ $1,095/hd at 419 lb · 13 head

Receipts

HeadThis saleLast saleLast year
Total receipts 733 843 537
Feeder cattle 577 580 379
Slaughter cattle 141 223 158
Replacement cattle 15 40 0

Market comments — USDA reporter

Compared to last week: Feeder steers 5.00-15.00 instances 20.00 higher. Feeder heifers 2.00-10.00 higher. Slaughter cows steady to 3.00 higher. Slaughter bulls 2.00-4.00 higher. Quality was average. Most classes were in high demand. Cheaper grain prices, record fat cattle sales and rainfall in needed areas has boosted this cattle market as a whole. Slaughter cattle were higher this week as well.

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
300–335 315 8 250.00–302.50 $278.35 $877 -0.69
355–380 366 5 255.00–285.00 $267.18 $978 +12.25
400–445 419 13 245.00–282.50 $261.31 $1,095 +15.68
450–485 467 26 235.00–275.00 $245.95 $1,149 +4.10
500–535 526 8 229.00–242.50 $234.01 $1,231 +5.88
555–595 576 12 221.00–233.00 $228.20 $1,314 -1.33
600–645 618 10 218.00–240.00 $227.24 $1,404 +16.24
650–695 666 4 225.00–237.50 $229.96 $1,532 +24.16
715–730 723 2 206.00–207.00 $206.51 $1,493 +19.49
760 760 1 190.00 $190.00 $1,444 -2.02
875 875 1 185.00 $185.00 $1,619 —
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
300–335 319 5 200.00–225.00 $213.31 $680 +3.31
365–395 381 5 210.00–225.00 $216.94 $827 +4.59
410–435 426 5 205.00–218.00 $210.19 $895 +13.29
475–485 480 2 210.00–215.00 $212.47 $1,020 —
510 510 3 200.00–210.00 $205.00 $1,046 +11.68

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Feeder Heifers

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
305–335 327 11 230.00–245.00 $236.15 $772 +6.21
350–385 362 10 220.00–245.00 $232.89 $843 +3.88
425–430 426 9 217.50–225.00 $220.56 $940 +1.89
450–490 477 20 215.00–227.50 $219.65 $1,048 +2.20
500–515 509 7 206.00–220.00 $212.57 $1,082 +4.57
550–590 559 6 200.00–207.00 $201.73 $1,128 +4.06
605–635 620 3 185.00–202.00 $195.47 $1,212 +2.77
655 655 2 180.00–183.00 $181.50 $1,189 -10.19
660 value added 660 2 199.00 $199.00 $1,313 —
710–730 720 2 182.00–194.00 $187.92 $1,353 +26.41
815–830 823 2 166.00–167.50 $166.76 $1,372 —
920 920 1 130.00 $130.00 $1,196 —
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
305–335 321 5 200.00–210.00 $204.89 $658 +7.45
355–395 374 9 195.00–210.00 $202.05 $756 +17.05
415–445 431 4 193.00–201.00 $197.81 $853 —
450–495 479 5 190.00–195.00 $190.94 $915 +10.94
525 525 1 190.00 $190.00 $998 +10.00
575 575 2 173.00 $173.00 $995 —

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Feeder Bulls

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
450–490 473 7 217.00–225.00 $221.95 $1,050 +0.97
515–545 534 4 210.00–220.00 $214.31 $1,144 +2.94
565–590 576 5 200.00–212.50 $207.49 $1,195 +4.19
640 640 1 203.00 $203.00 $1,299 +13.00
655 655 1 190.00 $190.00 $1,244 +15.00
795 795 1 170.00 $170.00 $1,352 —

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Slaughter Cows

Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
985–1135 1066 80-85% 4 78.00–81.00 $79.49 $847 —
1035–1420 1184 80-85% 24 90.00–100.00 $96.33 $1,141 +2.78
1175–1460 1312 80-85% 3 102.00–103.00 $102.33 $1,343 —
Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
750–825 788 85-90% 4 60.00–67.00 $63.02 $497 —
905–1100 997 85-90% 5 80.00–86.00 $83.43 $832 —
Breaker ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1380 1380 75-80% 1 95.00 $95.00 $1,311 —

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Slaughter Bulls

YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1235 1235 1 90.00 $90.00 $1,112 —
1450–2525 1736 9 103.00–114.00 $109.51 $1,901 +3.86
2220 2220 1 120.00 $120.00 $2,664 —

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Stock Cows

Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
895–1010 953 Young (2-4 yrs)Open 4 102.00–104.00 $102.94 $981

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Bred Cows

Medium and Large 1-2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1050–1130 1090 Middle Aged (5-8 yrs)2nd Stage (4-6 mo) 2 1,250.00–1,375.00 $1,310.21
1230 1230 Young (2-4 yrs)2nd Stage (4-6 mo) 1 1,525.00 $1,525.00

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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
1155 1155 Young (2-4 yrs)Open 1 1,600.00 $1,600.00 —
1210 1210 Middle Aged (5-8 yrs)Open 1 1,700.00 $1,700.00 +149.79

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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.