Cattle Market Pulse

Hope Livestock Auction Market Report

Hope, Arkansas · USDA-reported Auction Livestock

Sale of Thursday, July 13, 2023

881 head sold ·Official USDA report

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

light 4-weight M&L 1 steers $258.41/cwt +20.83 vs last sale · ≈ $1,088/hd at 421 lb · 21 head
light 5-weight M&L 1 steers $239.05/cwt +9.59 vs last sale · ≈ $1,257/hd at 526 lb · 19 head
heavy 4-weight M&L 1 steers $247.77/cwt +9.50 vs last sale · ≈ $1,184/hd at 478 lb · 17 head

Receipts

HeadThis saleLast saleLast year
Total receipts 881 515 1,210
Feeder cattle 712 370 967
Slaughter cattle 154 125 243
Replacement cattle 15 20 0

Market comments — USDA reporter

Compared to two weeks ago: Feeder steers 7.00-15.00 higher instances 20.00 higher. Feeder heifers 2.00-12.00 higher. Slaughter cows steady to 2.00 higher. Slaughter bulls steady. Quality was average. All classes of feeder calves were higher. Buyers were active on most classes. Recent rains and a higher future market has given the calve deal a boost. Next Thursday will be the 3rd Thursday stock cow sale. Expecting many quality cows and pairs. Sold 3 loads of video cattle to view information click this link ( https://www.ams.usda.gov/mnreports/ams_3628.pdf ).

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
300–340 315 7 255.00–302.50 $274.60 $865 -10.17
365–390 381 4 255.00–282.50 $267.97 $1,021 +16.12
400–445 421 21 240.00–285.00 $258.41 $1,088 +20.83
450–495 478 17 240.00–262.50 $247.77 $1,184 +9.50
500–540 526 19 225.00–260.00 $239.05 $1,257 +9.59
550–595 572 16 227.50–245.00 $239.40 $1,369 +21.42
600–645 623 8 217.00–237.50 $228.04 $1,421 +21.04
655–695 680 5 215.00–232.50 $224.45 $1,526 —
705–720 711 4 225.00–235.00 $229.35 $1,631 +16.97
775 775 3 208.00–222.50 $214.50 $1,662 -0.50
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
310–345 323 6 217.00–235.00 $221.20 $714 +1.20
375–385 379 7 200.00–220.00 $214.88 $814 +5.02
410–440 425 7 200.00–220.00 $210.82 $896 +5.79
455–490 473 9 200.00–215.00 $208.07 $984 +1.94
500–545 518 6 200.00 $200.00 $1,036 -0.96
585 585 1 193.00 $193.00 $1,129 —

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Feeder Heifers

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
300–340 320 2 230.00–255.00 $243.28 $778 +11.04
350–390 370 10 235.00–265.00 $246.95 $914 -3.73
400–445 429 15 225.00–247.50 $232.86 $999 +10.49
450–495 471 15 222.50–242.50 $229.03 $1,079 +1.74
500–545 517 10 217.00–237.50 $224.38 $1,160 +12.17
540 540 1 242.50 $242.50 $1,310 +30.29
550 550 1 245.00 $245.00 $1,348 +35.68
550–595 568 15 208.00–225.00 $217.81 $1,237 +8.49
600–630 611 4 225.00–230.00 $227.34 $1,389 +30.26
600–635 614 10 200.00–215.00 $206.17 $1,266 +9.09
650–695 662 5 195.00–217.50 $204.16 $1,352 +6.93
705–730 720 3 185.00–210.00 $196.98 $1,418 +12.10
765 765 1 190.00 $190.00 $1,454 —
815 815 1 183.00 $183.00 $1,491 -2.00
880 880 1 180.00 $180.00 $1,584 —
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
320–340 334 5 200.00–210.00 $201.92 $674 -1.25
375–395 384 7 200.00–210.00 $207.10 $795 +8.31
420–440 428 6 195.00–205.00 $199.96 $856 +6.17
470–480 475 2 190.00–198.00 $193.96 $921 +14.07
510 510 1 181.00 $181.00 $923 +5.76
585 585 1 185.00 $185.00 $1,082 +15.00

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Feeder Bulls

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
455–490 481 11 215.00–225.00 $220.43 $1,060 +2.59
500–530 508 8 209.00–220.00 $214.77 $1,091 +6.29
555–595 580 5 203.00–210.00 $208.19 $1,208 +5.94
600–645 621 5 200.00–211.00 $205.34 $1,275 +4.34
665 665 1 190.00 $190.00 $1,264 -10.00
740 740 1 190.00 $190.00 $1,406 —
Medium and Large 1-2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $ Δ last sale
1450 1450 Young (2-4 yrs)N/A 1 2,300.00 $2,300.00 —

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Slaughter Cows

Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
950–1100 1011 80-85% 12 77.00–85.00 $81.75 $826 +0.89
1005–1285 1117 80-85% 16 92.00–102.00 $95.03 $1,061 —
1025–1240 1136 80-85% 4 105.00–118.00 $110.27 $1,253 —
Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
725–820 777 85-90% 3 64.00–68.00 $66.34 $515 —
775–910 831 85-90% 5 70.00–80.00 $75.29 $626 +12.26
865–1085 949 85-90% 11 84.00–89.00 $85.50 $811 —
1010–1110 1083 85-90% 4 90.00 $90.00 $975 +0.50
Breaker ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1360–1440 1388 75-80% 3 103.00–111.00 $105.96 $1,471 —
1310–1565 1438 75-80% 2 92.00–96.00 $94.18 $1,354 —
1375–1695 1535 75-80% 2 90.00 $90.00 $1,382 —

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Slaughter Bulls

YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1100–1300 1200 2 86.00–90.00 $87.83 $1,054 —
1395–1755 1580 7 102.00–109.00 $105.57 $1,668 —

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Bred Cows

Medium and Large 1-2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1115 1115 Young (2-4 yrs)2nd Stage (4-6 mo) 1 1,300.00 $1,300.00
1125 1125 Young (2-4 yrs)3rd Stage (7-9 mo) 1 1,400.00 $1,400.00
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
920 920 Middle Aged (5-8 yrs)2nd Stage (4-6 mo) 1 117.00 $117.00 $1,076

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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
1205 1205 Aged (>8 yrs)Open 1 1,375.00 $1,375.00 —
1450 1450 Aged (>8 yrs)Open 1 1,550.00 $1,550.00 —

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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.