Cattle Market Pulse

Hope Livestock Auction Market Report

Hope, Arkansas · USDA-reported Auction Livestock

Sale of Thursday, June 29, 2023

515 head sold ·Official USDA report

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

heavy 4-weight M&L 1 heifers $227.29/cwt +5.98 vs last sale · ≈ $1,068/hd at 470 lb · 11 head
light 5-weight M&L 1 heifers $213.81/cwt +0.72 vs last sale · ≈ $1,109/hd at 519 lb · 11 head

Receipts

HeadThis saleLast saleLast year
Total receipts 515 1,054 834
Feeder cattle 370 812 582
Slaughter cattle 125 207 252
Replacement cattle 20 35 0

Market comments — USDA reporter

Compared to last week: Feeder steers unevenly steady. Feeder heifers 2.00-10.00 higher. Slaughter cows 2.00-3.00 higher. Slaughter bulls 3.00 higher. Quality was average to plain. Lots of fleshy new crop calves and numerous bull calves making up a big part of the offering. Yearling type cattle still bringing a premium.

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
300–340 309 7 265.00–310.00 $284.77 $880 +8.60
350–380 366 6 240.00–265.00 $251.85 $922 +1.52
400–440 419 7 230.00–243.00 $237.58 $995 -5.66
450–485 467 6 235.00–240.00 $238.27 $1,113 +2.59
500–535 511 8 220.00–239.00 $229.46 $1,173 +5.32
550 value added 550 2 245.00 $245.00 $1,348 -1.25
550–590 571 4 215.00–222.00 $217.98 $1,245 -5.53
610 610 1 207.00 $207.00 $1,263 -10.99
635 value added 635 2 235.00 $235.00 $1,492 ±0.00
650 value added 650 2 217.50 $217.50 $1,414 —
700–735 718 2 207.00–217.50 $212.38 $1,525 +8.00
755 755 1 215.00 $215.00 $1,623 +2.50
805 805 1 207.50 $207.50 $1,670 —
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
345 345 2 210.00–230.00 $220.00 $759 +4.04
365–375 370 2 200.00–220.00 $209.86 $776 -2.61
400–405 403 2 200.00–210.00 $205.03 $826 -1.04
465–485 475 4 200.00–212.00 $206.13 $979 +4.35
500–545 523 4 200.00–202.00 $200.96 $1,051 +8.96

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Feeder Heifers

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
300–345 319 5 220.00–250.00 $232.24 $741 -2.11
360–375 367 5 232.50–265.00 $250.68 $920 +16.86
400–435 414 5 210.00–235.00 $222.37 $921 +2.58
450–495 470 11 214.00–242.50 $227.29 $1,068 +6.89
505 value added 505 2 221.00 $221.00 $1,116 +4.87
500–540 522 9 200.00–227.00 $212.21 $1,108 +0.96
560–580 568 3 207.00–214.00 $209.32 $1,189 +9.37
600–640 618 6 190.00–205.00 $197.08 $1,218 +4.76
655–695 677 6 190.00–201.00 $197.23 $1,335 +15.23
700–735 718 2 180.00–190.00 $184.88 $1,327 +1.86
805 805 1 185.00 $185.00 $1,489 —
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
300–325 315 6 200.00–210.00 $203.17 $640 +3.17
350–385 369 5 195.00–205.00 $198.79 $734 -1.21
400–445 422 5 190.00–200.00 $193.79 $818 -1.21
450–485 472 6 175.00–185.00 $179.89 $849 -15.11
500–540 519 5 170.00–180.00 $175.24 $909 -2.30
555 555 2 170.00 $170.00 $944 -6.63
610 610 1 161.00 $161.00 $982 -1.47

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Feeder Bulls

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
470–495 488 7 210.00–225.00 $217.84 $1,063 +14.29
515–520 518 2 205.00–212.00 $208.48 $1,080 +1.15
550–585 570 4 199.00–205.00 $202.25 $1,153 -5.64
605–645 620 3 195.00–208.00 $201.00 $1,246 +11.00
665 665 1 200.00 $200.00 $1,330 —
700 700 1 178.00 $178.00 $1,246 -4.50

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Slaughter Cows

Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
990–1100 1046 80-85% 9 78.00–85.00 $80.86 $846 -0.08
1020–1430 1182 80-85% 30 89.00–100.00 $95.82 $1,133 +2.98
1050–1400 1225 80-85% 9 102.00–108.00 $104.26 $1,277 —
Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
825–850 840 85-90% 3 60.00–65.00 $63.03 $529 —
920–1055 1003 85-90% 6 80.00–86.00 $83.37 $836 —
1065–1080 1073 85-90% 2 89.00–90.00 $89.50 $960 —

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Slaughter Bulls

YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1500 1500 1 116.00 $116.00 $1,740 —
1600–1785 1685 3 105.00–106.00 $105.32 $1,775 —

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Bred Cows

Medium and Large 1-2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1165 1165 Young (2-4 yrs)2nd Stage (4-6 mo) 1 1,200.00 $1,200.00
1260–1320 fancy 1290 Middle Aged (5-8 yrs)2nd Stage (4-6 mo) 4 1,650.00–1,800.00 $1,726.74

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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
1105 1105 Young (2-4 yrs)Open 1 1,475.00 $1,475.00 —
1055–1165 1125 Middle Aged (5-8 yrs)Open 3 1,255.00–1,400.00 $1,320.45 —
1010–1275 1140 Aged (>8 yrs)Open 4 1,010.00–1,385.00 $1,195.89 —

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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.