Cattle Market Pulse

Hope Livestock Auction Market Report

Hope, Arkansas · USDA-reported Auction Livestock

Sale of Thursday, August 17, 2023

921 head sold ·Official USDA report

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

heavy 4-weight M&L 1 heifers $243.20/cwt +11.32 vs last sale · ≈ $1,147/hd at 472 lb · 20 head
light 5-weight M&L 1 heifers $235.34/cwt +11.87 vs last sale · ≈ $1,234/hd at 524 lb · 19 head
light 6-weight M&L 1 steers $241.43/cwt +1.75 vs last sale · ≈ $1,516/hd at 628 lb · 19 head

Receipts

HeadThis saleLast saleLast year
Total receipts 921 693 801
Feeder cattle 655 555 689
Slaughter cattle 241 128 97
Replacement cattle 25 10 15

Market comments — USDA reporter

Compared to last week: Feeder steers under 500 lbs. unevenly steady; over 500 lbs. 2.00-10.00 higher. Feeder heifers under 500 lbs. steady to 2.00 lower; over 500 lbs. 1.00-5.00 higher. Slaughter cows steady to 2.00 higher. Slaughter bulls steady to 1.00 lower. Quality was average to attractive. Market continues to be strong on most classes of cattle.

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
300–345 327 13 275.00–290.00 $280.34 $917 +4.84
350–395 376 15 270.00–295.00 $282.16 $1,061 +2.87
415 value added 415 1 290.00 $290.00 $1,204 —
400–445 425 11 255.00–275.00 $265.94 $1,130 -3.24
455–480 468 10 252.50–272.50 $259.58 $1,215 -3.85
500–545 515 11 243.00–267.50 $255.94 $1,318 +10.76
550–595 567 10 230.00–251.00 $242.29 $1,374 +7.99
600–635 625 12 231.00–252.50 $240.71 $1,504 +4.26
615–640 value added 633 7 241.00–247.00 $242.67 $1,536 -8.33
650–670 660 4 229.00–235.00 $231.50 $1,528 +0.77
705–745 725 4 221.00–235.00 $225.17 $1,632 +5.17
815 815 1 227.00 $227.00 $1,850 +17.00
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
310–345 331 5 220.00–240.00 $227.49 $753 -0.67
350–395 373 12 220.00–235.00 $228.15 $851 +1.37
400–445 423 4 225.00–230.00 $227.37 $962 +5.18
455–475 466 6 215.00–227.00 $219.73 $1,024 +5.47

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Feeder Heifers

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
300–345 330 8 235.00–255.00 $243.02 $802 -2.24
350–390 368 10 235.00–245.00 $239.15 $880 +1.17
400–445 420 12 230.00–240.00 $236.13 $992 -1.06
450–485 468 14 221.00–237.50 $230.63 $1,079 -1.25
475–485 480 6 270.00–275.00 $272.53 $1,308 +40.65
505–545 523 15 215.00–235.00 $224.74 $1,175 +1.27
525–535 530 4 265.00–285.00 $275.09 $1,458 +51.62
550–555 553 3 265.00–275.00 $268.31 $1,484 +50.34
550–585 561 9 220.00–229.00 $224.81 $1,261 +6.84
600–645 618 13 200.00–222.00 $210.35 $1,300 +5.35
640 640 2 185.00 $185.00 $1,184 -20.00
655–690 664 6 202.00–210.00 $204.84 $1,360 +12.84
770 770 1 192.50 $192.50 $1,482 +14.50
970–995 982 3 147.50–155.00 $150.86 $1,481 —
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
300–340 319 5 210.00–220.00 $215.74 $688 +10.86
355–395 375 5 200.00–210.00 $206.21 $773 +4.63
410–445 434 5 200.00–205.00 $203.03 $881 -0.32
450–485 465 7 195.00–210.00 $200.53 $932 +5.44
510–540 524 8 177.00–185.00 $180.06 $944 +0.19
575–595 581 4 177.00–187.00 $182.29 $1,059 —
625 625 1 170.00 $170.00 $1,062 —

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Feeder Bulls

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
450–475 463 4 232.00–237.00 $235.30 $1,089 +15.96
515–540 531 7 219.00–225.00 $222.61 $1,182 +8.92
575–595 581 4 220.00–227.00 $223.49 $1,298 +15.21
615–645 631 5 200.00–222.50 $214.43 $1,353 +12.60

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Slaughter Cows

Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
955–1265 1056 80-85% 15 82.00–90.00 $86.30 $911 —
1000–1395 1171 80-85% 47 94.00–104.00 $98.61 $1,155 +2.51
1065–1335 1178 80-85% 9 105.00–114.00 $106.29 $1,252 +10.19
Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
715–845 788 85-90% 5 55.00–70.00 $61.39 $484 -5.35
910–995 957 85-90% 16 85.00–90.00 $88.42 $846 +1.38
Breaker ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1290–1495 1393 75-80% 2 87.00–90.00 $88.39 $1,231 —
1345–1655 1500 75-80% 2 82.00–84.00 $83.10 $1,246 —

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Slaughter Bulls

YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1240–1580 1410 2 92.00–97.00 $94.20 $1,328 -1.19
1295–1870 1645 12 103.00–115.00 $106.61 $1,754 —

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Bred Cows

Medium and Large 1-2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1000–1295 1128 Middle Aged (5-8 yrs)2nd Stage (4-6 mo) 4 1,050.00–1,450.00 $1,294.73
1155–1160 1158 Young (2-4 yrs)2nd Stage (4-6 mo) 2 1,350.00–1,450.00 $1,400.11
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
1220–1255 1238 Middle Aged (5-8 yrs)2nd Stage (4-6 mo) 2 113.00–116.00 $114.52 $1,418

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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
1150–1345 1250 Young (2-4 yrs)Open 3 1,450.00–1,725.00 $1,563.97 —
1045–1490 1274 Middle Aged (5-8 yrs)Open 4 1,425.00–1,700.00 $1,593.35 —

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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.