Cattle Market Pulse

Hope Livestock Auction Market Report

Hope, Arkansas · USDA-reported Auction Livestock

Sale of Thursday, June 22, 2023

1,054 head sold ·Official USDA report

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

light 5-weight M&L 1 heifers $213.09/cwt +2.41 vs last sale · ≈ $1,113/hd at 522 lb · 39 head
light 4-weight M&L 1 heifers $222.98/cwt +4.05 vs last sale · ≈ $937/hd at 420 lb · 24 head
heavy 3-weight M&L 1 heifers $233.19/cwt +10.96 vs last sale · ≈ $870/hd at 373 lb · 23 head

Receipts

HeadThis saleLast saleLast year
Total receipts 1,054 1,406 399
Feeder cattle 812 886 338
Slaughter cattle 207 360 61
Replacement cattle 35 160 0

Market comments — USDA reporter

Compared to last week: Feeder steers 3.00-11.00 lower. Feeder heifers under 550 lbs. 3.00-10.00 higher; over 550 lbs. 4.00-10.00 lower. Slaughter cows 1.00-3.00 higher. Slaughter bulls steady to 2.00 lower. Quality was average to plain. The offering was made up of numerous new crop calves. Buyer activity was good.

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
300–330 314 16 250.00–300.00 $276.17 $867 +5.93
355–380 365 9 240.00–275.00 $250.33 $914 -14.15
400–430 415 10 235.00–255.00 $243.24 $1,009 -11.22
435 value added 435 2 250.00 $250.00 $1,088 —
450–475 467 3 235.00–236.00 $235.68 $1,101 -11.30
500–505 value added 501 11 233.50–250.00 $236.52 $1,185 —
510–535 520 7 221.00–225.00 $224.14 $1,166 -7.57
550–590 572 11 219.00–233.00 $223.51 $1,278 -3.23
575 value added 575 4 242.50–250.00 $246.25 $1,416 +2.27
600–605 603 3 211.00–223.00 $217.99 $1,314 -5.81
610 value added 610 2 235.00 $235.00 $1,434 +2.00
655–680 664 7 200.00–215.00 $206.82 $1,373 -5.55
700–740 719 5 200.00–215.00 $204.38 $1,469 -3.36
755 755 1 212.50 $212.50 $1,604 +5.13
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
315–340 327 5 215.00–220.00 $215.96 $706 -6.03
355–390 374 8 200.00–220.00 $212.47 $795 -0.98
400–440 416 8 200.00–215.00 $206.07 $857 -0.27
450–495 474 7 200.00–210.00 $201.78 $956 —
520 520 1 192.00 $192.00 $998 -8.00
675 675 1 170.00 $170.00 $1,148 —

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Feeder Heifers

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
300–320 309 4 220.00–245.00 $234.35 $724 +11.29
350 350 1 215.00 $215.00 $752 -5.94
365 value added 365 2 236.00 $236.00 $861 +6.00
355–395 375 20 225.00–250.00 $233.82 $877 +12.88
400–435 417 18 212.00–232.50 $219.79 $917 +2.57
420–440 value added 430 6 230.00–237.50 $232.56 $1,000 +5.06
455 value added 455 2 230.00 $230.00 $1,046 +5.83
450–495 475 19 203.00–227.50 $220.40 $1,047 +5.41
500 500 1 195.00 $195.00 $975 -13.22
500–540 517 20 200.00–227.00 $211.25 $1,092 +3.03
510–545 value added 529 18 214.50–222.50 $216.13 $1,143 +1.15
550–595 570 3 198.00–202.00 $199.95 $1,140 -3.20
600 600 1 175.00 $175.00 $1,050 -22.39
600–605 602 3 187.00–195.00 $192.32 $1,158 -5.07
680 680 1 182.00 $182.00 $1,238 -13.19
700–705 703 2 177.00–189.00 $183.02 $1,287 -10.04
755–770 763 2 181.00–193.00 $187.06 $1,427 +5.12
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
300–335 323 4 200.00 $200.00 $646 ±0.00
370 370 2 200.00 $200.00 $740 ±0.00
425–440 433 2 195.00 $195.00 $844 +10.00
460–475 468 2 195.00 $195.00 $913 +8.03
500–545 514 9 165.00–185.00 $177.54 $913 -2.46
550–590 563 3 175.00–180.00 $176.63 $994 +0.95
600–615 608 2 160.00–165.00 $162.47 $988 +0.84

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Feeder Bulls

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
450–485 467 7 215.00–225.00 $220.81 $1,031 -4.49
470–485 478 2 200.00–207.00 $203.55 $973 -21.75
510–530 519 4 202.00–215.00 $207.33 $1,076 -3.17
555–595 578 6 205.00–212.00 $207.89 $1,202 -2.11
620–625 623 2 190.00 $190.00 $1,184 -12.32
725 725 1 182.50 $182.50 $1,323 -7.50
775–795 785 2 180.00–182.00 $181.01 $1,421 -3.99

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Slaughter Cows

Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1000–1065 1039 80-85% 15 76.00–84.00 $80.94 $841 —
1020–1430 1171 80-85% 11 95.00–113.00 $102.31 $1,198 +10.82
1045–1395 1174 80-85% 45 89.00–98.00 $92.84 $1,090 +1.35
Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
955 955 85-90% 1 90.00 $90.00 $860 +10.35
925–1070 989 85-90% 28 78.00–87.00 $82.54 $816 +2.89
Breaker ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1285–1645 1450 75-80% 4 90.00 $90.00 $1,305 +1.16

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Slaughter Bulls

YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1430–1660 1565 7 97.00–106.00 $102.06 $1,597 —

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Stock Cows

Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
810–925 870 Young (2-4 yrs)Open 6 90.00–100.00 $94.90 $826

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Bred Cows

Medium and Large 1-2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
850 850 Young (2-4 yrs)1st Stage (1-3 mo) 1 1,000.00 $1,000.00
1075 1075 Aged (>8 yrs)3rd Stage (7-9 mo) 1 1,125.00 $1,125.00
1155 1155 Middle Aged (5-8 yrs)2nd Stage (4-6 mo) 1 1,325.00 $1,325.00
1190 1190 Young (2-4 yrs)2nd Stage (4-6 mo) 1 1,375.00 $1,375.00

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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
975–1215 1095 Young (2-4 yrs)Open 3 1,250.00–1,500.00 $1,409.13 —
1050–1325 1159 Aged (>8 yrs)Open 4 1,100.00–1,325.00 $1,204.37 -586.53
1060–1380 1194 Middle Aged (5-8 yrs)Open 9 1,225.00–1,550.00 $1,360.63 -356.50

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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.