Cattle Market Pulse

Hope Livestock Auction Market Report

Hope, Arkansas · USDA-reported Auction Livestock

Sale of Thursday, August 10, 2023

693 head sold ·Official USDA report

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

heavy 3-weight M&L 1 heifers $237.98/cwt +8.56 vs last sale · ≈ $904/hd at 380 lb · 13 head
light 4-weight M&L 1 heifers $237.19/cwt +6.03 vs last sale · ≈ $1,032/hd at 435 lb · 13 head
heavy 3-weight M&L 1 steers $279.29/cwt -19.56 vs last sale · ≈ $1,050/hd at 376 lb · 12 head

Receipts

HeadThis saleLast saleLast year
Total receipts 693 554 616
Feeder cattle 555 428 539
Slaughter cattle 128 116 77
Replacement cattle 10 10 0

Market comments — USDA reporter

Compared to last week: Feeder steers 3.00-10.00 higher. Feeder heifers 2.00-10.00 higher. Slaughter cows 2.00-5.00 lower. Slaughter bulls steady. Quality was average. Market was strong on most classes of feeder cattle. Slaughter cattle were a tick softer this week. Demand has remained high for quality calves. Sold a video load this week to view information click this link (https://www.ams.usda.gov/mnreports/am3628.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
315–340 326 7 265.00–285.00 $275.50 $898 -1.35
355–395 376 12 265.00–290.00 $279.29 $1,050 -3.42
420–445 429 11 260.00–295.00 $269.18 $1,155 +8.90
455–495 470 12 249.00–272.50 $263.43 $1,238 +13.37
500–545 520 12 230.00–265.00 $245.18 $1,275 +8.71
555–590 570 9 222.50–247.50 $234.30 $1,336 +5.53
615 value added 615 2 251.00 $251.00 $1,544 —
610–645 623 7 230.00–241.00 $236.45 $1,473 +11.49
650–695 674 8 222.50–237.50 $230.73 $1,555 +5.73
710 710 1 220.00 $220.00 $1,562 —
745 value added 745 11 225.00 $225.00 $1,676 —
780 780 1 218.00 $218.00 $1,700 -2.00
805 805 1 210.00 $210.00 $1,690 —
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
300–345 326 11 220.00–245.00 $228.16 $744 +18.16
355–385 366 8 218.00–240.00 $226.78 $830 —
405–440 423 6 215.00–230.00 $222.19 $940 +10.61
455–485 468 8 210.00–220.00 $214.26 $1,003 —
510–540 524 7 200.00–215.00 $207.70 $1,088 +9.33

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Feeder Heifers

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
310–345 324 7 230.00–250.00 $245.26 $795 +10.33
350–395 380 13 230.00–247.50 $237.98 $904 +8.56
400–445 435 13 225.00–247.50 $237.19 $1,032 +6.03
450–495 471 10 220.00–243.00 $231.88 $1,092 +2.03
500–545 523 9 216.00–230.00 $223.47 $1,169 +2.95
550–585 571 8 208.00–227.50 $217.97 $1,245 +6.34
640 640 1 205.00 $205.00 $1,312 -4.20
680 680 1 192.00 $192.00 $1,306 -12.13
710–735 723 2 182.00–194.00 $187.90 $1,359 -45.10
760 760 1 178.00 $178.00 $1,353 —
810 810 1 175.00 $175.00 $1,418 ±0.00
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
310–325 318 4 200.00–210.00 $204.88 $652 +7.28
355–395 375 4 200.00–203.00 $201.58 $756 +9.11
400–445 426 6 200.00–205.00 $203.35 $866 +9.15
455–490 474 4 190.00–200.00 $195.09 $925 +3.20
500–535 514 8 175.00–190.00 $179.87 $925 +5.11

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Feeder Bulls

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
450–485 477 10 210.00–225.00 $219.34 $1,046 +0.81
500–540 520 8 200.00–225.00 $213.69 $1,111 +1.17
550–590 569 7 207.00–210.00 $208.28 $1,185 +8.35
610–645 630 5 200.00–205.00 $201.83 $1,272 +12.30
680 680 1 207.00 $207.00 $1,408 +19.49
730 730 1 200.00 $200.00 $1,460 —

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Slaughter Cows

Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
985–1075 1032 80-85% 10 80.00–86.00 $83.70 $864 -1.75
1025–1490 1185 80-85% 32 92.00–103.00 $96.10 $1,139 -4.38
1155–1250 1203 80-85% 2 106.00–108.00 $107.04 $1,288 -5.37
Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
740–825 788 85-90% 3 65.00–70.00 $66.74 $526 -1.66
905–995 966 85-90% 10 84.00–89.00 $87.04 $841 —
Breaker ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1475–1775 1600 75-80% 3 90.00–91.00 $90.32 $1,445 —

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Slaughter Bulls

YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1315–1575 1428 6 91.00–100.00 $95.39 $1,362 —
1440–1760 1599 8 105.00–114.00 $107.38 $1,717 —
1970 1970 1 120.00 $120.00 $2,364 —

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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
925 925 Middle Aged (5-8 yrs)Open 1 1,625.00 $1,625.00 —
1460 1460 Middle Aged (5-8 yrs)Open 1 2,025.00 $2,025.00 —

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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.