Cattle Market Pulse

Hope Livestock Auction Market Report

Hope, Arkansas · USDA-reported Auction Livestock

Sale of Thursday, June 15, 2023

1,406 head sold ·Official USDA report

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

heavy 4-weight M&L 1 heifers $216.61/cwt -3.93 vs last sale · ≈ $1,005/hd at 464 lb · 17 head
heavy 4-weight M&L 1 steers $246.98/cwt -6.01 vs last sale · ≈ $1,156/hd at 468 lb · 15 head
heavy 3-weight M&L 1 heifers $222.23/cwt -11.14 vs last sale · ≈ $845/hd at 380 lb · 14 head

Receipts

HeadThis saleLast saleLast year
Total receipts 1,406 629 522
Feeder cattle 886 614 416
Slaughter cattle 360 — 106
Replacement cattle 160 15 0

Market comments — USDA reporter

Compared to last week: Feeder steers 8.00-12.00 lower. Feeder heifers under 600 lbs. 5.00-12.00 lower; over 600 lbs. 2.00-12.00 higher. Slaughter cows 3.00-5.00 lower. Slaughter bulls 2.00 lower. Quality was average. Market was softer in most spots this week. Had a nice offering of replacement cattle for the third Thursday stock cow special.

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
310–345 330 9 260.00–300.00 $270.24 $892 -14.63
350–380 365 11 250.00–285.00 $264.48 $965 -8.81
400–440 418 10 240.00–272.50 $254.46 $1,064 -9.26
450–490 468 15 230.00–269.00 $246.98 $1,156 -6.01
520–545 534 10 225.00–247.00 $231.71 $1,237 -7.67
565–585 578 3 220.00–230.00 $226.74 $1,311 -9.01
580–585 value added 583 4 239.00–249.00 $243.98 $1,422 +0.04
605–635 620 3 220.00–227.50 $223.80 $1,388 -8.27
620 value added 620 2 233.00 $233.00 $1,445 -8.00
650–675 662 5 208.00–217.00 $212.37 $1,406 -22.63
715–745 727 9 191.00–215.00 $207.74 $1,510 -10.75
775–795 784 5 200.00–210.00 $207.37 $1,626 -2.63
805 805 1 209.00 $209.00 $1,682 +1.52
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
300–330 318 3 210.00–230.00 $221.99 $706 +1.39
375–385 380 2 210.00–217.00 $213.45 $811 -8.36
400–445 421 9 200.00–215.00 $206.34 $869 -8.46
510 510 1 200.00 $200.00 $1,020 -5.02
585 585 1 170.00 $170.00 $994 -27.49

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Feeder Heifers

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
300–340 323 11 215.00–230.00 $223.06 $720 -17.60
360–395 378 12 215.00–227.50 $220.94 $835 -12.43
395 value added 395 2 230.00 $230.00 $908 —
405–445 426 10 210.00–225.00 $217.22 $925 -8.88
430 value added 430 2 227.50 $227.50 $978 —
450–485 464 14 207.00–220.00 $214.99 $998 -5.55
465 value added 465 3 222.50–225.00 $224.17 $1,042 —
510–545 527 7 200.00–220.00 $208.22 $1,097 -1.78
525–530 value added 528 4 211.00–219.00 $214.98 $1,135 -12.64
550–585 569 9 197.00–215.00 $203.15 $1,156 -4.97
600–645 610 11 185.00–205.00 $197.39 $1,204 +1.54
650–695 673 11 185.00–205.00 $195.19 $1,314 +2.03
700–715 710 3 185.00–197.00 $193.06 $1,371 +13.04
750–785 765 9 170.00–190.00 $181.94 $1,392 +16.94
820 820 1 183.00 $183.00 $1,501 —
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
320 320 2 200.00 $200.00 $640 -12.98
365–380 375 3 200.00 $200.00 $750 -3.67
435 435 1 185.00 $185.00 $805 —
455–485 475 4 183.00–190.00 $186.97 $888 -6.33
510 510 1 180.00 $180.00 $918 -9.90
550–575 563 3 170.00–180.00 $175.68 $989 +0.68
605–635 620 3 160.00–165.00 $161.63 $1,002 —

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Feeder Bulls

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
455–485 467 12 218.00–230.00 $225.30 $1,052 -5.32
505–515 510 4 210.00–211.00 $210.50 $1,074 -8.82
550 550 1 210.00 $210.00 $1,155 -0.56
630–635 633 3 200.00–207.00 $202.32 $1,281 -2.96
665 665 1 210.00 $210.00 $1,396 +16.91
725 725 1 190.00 $190.00 $1,378 -8.21
775 775 1 185.00 $185.00 $1,434 —
930 930 1 169.00 $169.00 $1,572 +11.50

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Slaughter Cows

Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1010–1100 1059 80-85% 27 74.00–82.00 $77.86 $825 —
1000–1360 1174 80-85% 60 88.00–96.00 $91.49 $1,074 —
1095–1285 1189 80-85% 4 98.00–106.00 $101.66 $1,209 —
Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
725–825 812 85-90% 10 57.00–68.00 $60.32 $490 —
900–1060 987 85-90% 23 76.00–84.00 $79.65 $786 —
1065–1100 1081 85-90% 10 85.00–87.00 $85.71 $927 —
Breaker ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1350–1620 1470 75-80% 6 87.00–91.00 $88.84 $1,306 —

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Slaughter Bulls

YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1285–1532 1417 4 85.00–92.00 $89.10 $1,263 —
1650 1650 1 112.00 $112.00 $1,848 —
1555–2060 1732 7 103.00–107.00 $105.02 $1,819 —

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Stock Cows

Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
940 940 Young (2-4 yrs)Open 1 110.00 $110.00 $1,034

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Bred Cows

Medium and Large 1-2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1035 1035 Middle Aged (5-8 yrs)1st Stage (1-3 mo) 1 1,470.00 $1,470.00
925–1235 1045 Young (2-4 yrs)2nd Stage (4-6 mo) 11 1,200.00–1,550.00 $1,290.83
970–1225 1092 Middle Aged (5-8 yrs)2nd Stage (4-6 mo) 26 1,150.00–1,525.00 $1,340.08
950–1275 1095 Young (2-4 yrs)1st Stage (1-3 mo) 5 1,050.00–1,450.00 $1,307.08
1200 1200 Young (2-4 yrs)3rd Stage (7-9 mo) 1 1,350.00 $1,350.00
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
900–915 908 Young (2-4 yrs)1st Stage (1-3 mo) 2 121.00–124.00 $122.51 $1,112
1055 1055 Middle Aged (5-8 yrs)2nd Stage (4-6 mo) 1 106.00 $106.00 $1,118

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Bred Heifers

Medium and Large 1-2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
905 905 (<2 yrs)1st Stage (1-3 mo) 1 1,425.00 $1,425.00
975 975 (<2 yrs)2nd Stage (4-6 mo) 2 1,625.00 $1,625.00
985 fancy 985 Young (2-4 yrs)2nd Stage (4-6 mo) 1 1,875.00 $1,875.00

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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
855–1010 thin fleshed 937 Middle Aged (5-8 yrs)Open 5 1,025.00–1,150.00 $1,102.96 —
920–955 thin fleshed 938 Young (2-4 yrs)Open 6 1,300.00–1,350.00 $1,316.70 —
1150 1150 Middle Aged (5-8 yrs)Open 2 1,400.00 $1,400.00 —
1050–1550 1160 Young (2-4 yrs)Open 22 1,525.00–2,025.00 $1,790.90 —
1040–1285 1163 Aged (>8 yrs)Open 4 1,200.00–1,400.00 $1,289.46 —
1185 1185 Middle Aged (5-8 yrs)1st/2nd Stage (1-6 mo) 1 1,450.00 $1,450.00 —
1100–1400 1199 Middle Aged (5-8 yrs)Open 9 1,500.00–1,975.00 $1,717.13 —
1395 1395 Middle Aged (5-8 yrs)Open 1 2,100.00 $2,100.00 —

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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.