Cattle Market Pulse

Hope Livestock Auction Market Report

Hope, Arkansas · USDA-reported Auction Livestock

Sale of Thursday, August 3, 2023

554 head sold ·Official USDA report

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

light 5-weight M&L 1 heifers $220.52/cwt -0.11 vs last sale · ≈ $1,149/hd at 521 lb · 13 head
heavy 5-weight M&L 1 heifers $211.63/cwt -6.53 vs last sale · ≈ $1,232/hd at 582 lb · 10 head

Receipts

HeadThis saleLast saleLast year
Total receipts 554 646 722
Feeder cattle 428 479 592
Slaughter cattle 116 152 110
Replacement cattle 10 15 20

Market comments — USDA reporter

Compared to last week: Feeder steers under 500 lbs. 3.00-5.00 higher; over 500 lbs. 3.00-5.00 lower. Feeder heifers under 600 lbs. unevenly steady; over 600 lbs. 3.00-5.00 higher. Slaughter cows 1.00-2.00 higher. Slaughter bulls steady to 1.00 lower. Quality was average to plain. Scorching hot temps and fat new crop calves put a little damper on the market in some spots, but market is still strong.

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
300–345 325 5 275.00–285.00 $276.85 $900 -3.75
330 value added 330 1 325.00 $325.00 $1,072 —
355–375 365 2 275.00–290.00 $282.71 $1,032 +7.66
370 value added 370 2 315.00 $315.00 $1,166 —
410–445 430 5 250.00–270.00 $260.28 $1,119 +3.97
450 value added 450 2 265.00 $265.00 $1,192 —
460–475 466 6 235.00–260.00 $250.06 $1,165 +14.10
500–515 509 7 227.00–252.50 $236.47 $1,204 -0.52
550–575 565 6 225.00–235.00 $228.77 $1,293 -3.56
610–635 623 4 223.00–227.00 $224.96 $1,402 -10.06
660 660 1 225.00 $225.00 $1,485 -4.32
785 785 2 220.00 $220.00 $1,727 —
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
310 310 1 210.00 $210.00 $651 -7.88
410–445 433 3 210.00–215.00 $211.58 $916 -2.75
500–525 510 3 195.00–200.00 $198.37 $1,012 -1.85
550 550 3 190.00–195.00 $193.33 $1,063 —

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Feeder Heifers

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
330–345 335 3 230.00–240.00 $234.93 $787 -1.31
355–380 370 4 225.00–235.00 $229.42 $849 -3.79
400–445 418 9 225.00–235.00 $231.16 $966 +0.83
450–485 460 8 220.00–240.00 $229.85 $1,057 +2.35
500–540 521 13 210.00–225.00 $220.52 $1,149 -1.99
565–595 582 10 203.00–227.00 $211.63 $1,232 -6.53
600–640 616 4 205.00–217.00 $209.20 $1,289 +8.69
650–690 668 4 202.50–206.00 $204.13 $1,364 +3.15
720 720 1 233.00 $233.00 $1,678 +43.00
740 740 1 215.00 $215.00 $1,591 +25.00
805 805 1 175.00 $175.00 $1,409 —
850 850 1 167.50 $167.50 $1,424 —
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
300–325 313 2 195.00–200.00 $197.60 $618 -7.86
385–395 390 2 190.00–195.00 $192.47 $751 —
410–445 430 3 185.00–200.00 $194.20 $835 -4.27
460–495 470 5 185.00–200.00 $191.89 $902 +4.30
500–525 509 4 172.00–177.00 $174.76 $890 -13.99
620 620 1 175.00 $175.00 $1,085 —

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Feeder Bulls

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
475–490 480 5 215.00–222.50 $218.53 $1,049 -5.24
505–535 518 5 207.50–220.00 $212.52 $1,101 -3.19
550–580 560 4 195.00–205.00 $199.93 $1,120 -9.90
600–630 613 8 185.00–204.00 $189.53 $1,162 -19.47
650–675 665 3 182.50–195.00 $187.51 $1,247 -13.84

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Slaughter Cows

Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
985–1055 1030 80-85% 4 83.00–88.00 $85.45 $880 -1.40
1005–1340 1192 80-85% 18 96.00–105.00 $100.48 $1,198 +1.51
1030–1370 1214 80-85% 9 107.00–119.00 $112.41 $1,365 +4.92
Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
700–835 754 85-90% 7 64.00–74.00 $68.40 $516 —
900–1005 938 85-90% 12 86.00–91.00 $89.11 $836 -5.90
905–1025 949 85-90% 4 93.00–95.00 $93.99 $892 -1.02

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Slaughter Bulls

YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1400–1575 1484 4 92.00–102.00 $96.16 $1,427 —
1350–1975 1623 3 104.00–113.00 $106.49 $1,728 -1.22

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Bred Cows

Medium and Large 1-2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1090 1090 Young (2-4 yrs)2nd Stage (4-6 mo) 1 1,500.00 $1,500.00

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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
1105 1105 Aged (>8 yrs)Open 1 1,225.00 $1,225.00 —
1230 1230 Middle Aged (5-8 yrs)Open 1 1,625.00 $1,625.00 —

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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.