Cattle Market Pulse

Hope Livestock Auction Market Report

Hope, Arkansas · USDA-reported Auction Livestock

Sale of Thursday, July 20, 2023

1,010 head sold ·Official USDA report

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

heavy 4-weight M&L 1 heifers $234.15/cwt +5.12 vs last sale · ≈ $1,094/hd at 467 lb · 14 head
light 4-weight M&L 1 heifers $236.44/cwt +3.58 vs last sale · ≈ $993/hd at 420 lb · 13 head
light 3-weight M&L 1 heifers $244.42/cwt +1.14 vs last sale · ≈ $792/hd at 324 lb · 12 head

Receipts

HeadThis saleLast saleLast year
Total receipts 1,010 881 1,289
Feeder cattle 615 712 1,039
Slaughter cattle 320 154 225
Replacement cattle 75 15 25

Market comments — USDA reporter

Compared to last week: Feeder steers 2.00-7.00 higher. Feeder heifers under 650 lbs. steady to 3.00 higher; over 650 lbs. steady to 3.00 lower. Slaughter cows 1.00-3.00 higher. Slaughter bulls 2.00 higher. Quality was average. Market continues to be really strong on all classes of cattle. Fat new crop calves are making up the majority of the offering. Slaughter cattle continue to be in high demand.

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
300–345 333 5 265.00–277.50 $273.72 $911 -0.88
350–395 371 7 260.00–280.00 $270.44 $1,003 +2.47
400–445 420 12 255.00–275.00 $265.65 $1,116 +7.24
450–495 469 11 245.00–262.50 $254.54 $1,194 +6.77
505–545 525 8 230.00–250.00 $239.71 $1,258 +0.66
550–595 578 7 230.00–240.00 $233.44 $1,349 -5.96
600–640 616 6 231.00–239.00 $234.35 $1,444 +6.31
650–680 669 4 234.00–238.00 $235.73 $1,577 +11.28
700–745 725 6 225.00–233.00 $227.92 $1,652 -1.43
750–765 758 3 215.00–233.00 $221.67 $1,680 +7.17
865 865 1 204.00 $204.00 $1,765 —
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
310–345 326 7 210.00–230.00 $220.00 $717 -1.20
355 355 4 222.00–225.00 $224.25 $796 +9.37
400–440 423 8 210.00–222.00 $216.24 $915 +5.42
455–490 470 5 200.00–215.00 $209.19 $983 +1.12

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Feeder Heifers

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
300–335 324 12 230.00–257.50 $244.42 $792 +1.14
365–385 377 9 232.50–253.00 $238.54 $899 -8.41
400–445 420 13 225.00–260.00 $236.44 $993 +3.58
465 value added 465 3 241.00 $241.00 $1,121 —
450–495 468 11 225.00–245.00 $232.28 $1,087 +3.25
500–545 521 8 217.50–237.00 $227.24 $1,184 +2.86
570–590 581 5 217.00–222.50 $218.28 $1,268 +0.47
600–640 620 6 188.00–219.00 $206.43 $1,280 +0.26
650–690 670 7 183.00–215.00 $200.27 $1,342 -3.89
700–745 720 7 180.00–203.00 $191.55 $1,379 -5.43
750–760 754 4 177.50–201.00 $189.59 $1,430 -0.41
775 value added 775 1 209.00 $209.00 $1,620 —
805–835 821 4 157.50–177.00 $163.74 $1,344 -19.26
865–895 880 2 185.00–197.00 $190.90 $1,680 +10.90
945 945 1 155.00 $155.00 $1,465 —
965 965 1 187.00 $187.00 $1,805 —
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
315–345 325 3 210.00–215.00 $212.32 $690 +10.40
375 375 2 210.00 $210.00 $788 +2.90
425 425 2 200.00 $200.00 $850 +0.04
465 465 2 195.00 $195.00 $907 +1.04
530 530 2 175.00 $175.00 $928 -6.00
575 575 1 170.00 $170.00 $978 -15.00

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Feeder Bulls

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
455–495 474 8 217.50–230.00 $225.84 $1,070 +5.41
525 525 3 215.00–223.00 $219.33 $1,151 +4.56
570–585 578 2 215.00–217.50 $216.23 $1,250 +8.04
610–635 621 4 204.00–209.00 $206.48 $1,282 +1.14
670 670 1 202.50 $202.50 $1,357 +12.50
735 735 1 195.00 $195.00 $1,433 +5.00

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Slaughter Cows

Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
920–1070 1020 80-85% 12 80.00–89.00 $84.77 $865 +3.02
1020–1360 1182 80-85% 50 92.00–103.00 $96.49 $1,141 —
1145–1480 1311 80-85% 7 105.00–109.00 $106.68 $1,399 —
Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
785–830 804 85-90% 7 74.00–78.00 $76.14 $612 +0.85
860–1055 975 85-90% 21 82.00–90.00 $86.38 $842 —
910–1220 1046 85-90% 7 90.00–93.00 $91.72 $959 —
Breaker ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1385–1795 1590 75-80% 2 92.00–98.00 $95.39 $1,517 —

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Slaughter Bulls

YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1130 1130 1 97.00 $97.00 $1,096 —
1520–1980 1772 6 105.00–114.00 $108.50 $1,923 —

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Bred Cows

Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
1215–1355 1289 Middle Aged (5-8 yrs)2nd Stage (4-6 mo) 4 103.00–109.00 $105.44 $1,359
Medium and Large 1 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
965–1310 1138 Young (2-4 yrs)3rd Stage (7-9 mo) 2 1,450.00–1,525.00 $1,493.19
1160 1160 Middle Aged (5-8 yrs)1st Stage (1-3 mo) 1 1,310.00 $1,310.00
Medium and Large 1 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
1320–1525 1423 Middle Aged (5-8 yrs)2nd Stage (4-6 mo) 2 102.00–103.00 $102.54 $1,459
Medium and Large 1-2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1160–1235 1198 Middle Aged (5-8 yrs)2nd Stage (4-6 mo) 2 110.00–1,325.00 $698.48

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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
1010 1010 Young (2-4 yrs)Open 1 1,575.00 $1,575.00 —
1075–1230 1153 Aged (>8 yrs)Open 2 1,500.00–1,525.00 $1,511.66 —
1040–1220 1165 Young (2-4 yrs)Open 5 1,600.00–1,825.00 $1,707.42 —
1220 1220 Middle Aged (5-8 yrs)2nd/3rd Stage (4-9 mo) 1 1,850.00 $1,850.00 +475.00
1020–1475 1265 Aged (>8 yrs)Open 14 1,425.00–1,650.00 $1,536.35 —
1290–1350 1331 Aged (>8 yrs)Open 4 1,575.00–1,775.00 $1,663.54 —
1155–1585 1335 Middle Aged (5-8 yrs)Open 9 1,600.00–1,800.00 $1,719.18 —
1350 1350 Aged (>8 yrs)2nd/3rd Stage (4-9 mo) 1 1,700.00 $1,700.00 —
1525 1525 Middle Aged (5-8 yrs)Open 1 1,875.00 $1,875.00 —

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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.