Cattle Market Pulse

Hope Livestock Auction Market Report

Hope, Arkansas · USDA-reported Auction Livestock

Sale of Thursday, August 24, 2023

464 head sold ·Official USDA report

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

light 7-weight M&L 1 steers $227.01/cwt +1.84 vs last sale · ≈ $1,621/hd at 714 lb · 18 head
heavy 4-weight M&L 1 heifers $231.60/cwt -11.60 vs last sale · ≈ $1,082/hd at 467 lb · 17 head
light 4-weight M&L 1 heifers $232.90/cwt -3.23 vs last sale · ≈ $964/hd at 414 lb · 10 head

Receipts

HeadThis saleLast saleLast year
Total receipts 464 921 657
Feeder cattle 381 655 551
Slaughter cattle 73 241 86
Replacement cattle 10 25 20

Market comments — USDA reporter

Compared to last week: Feeder steers 2.00-8.00 lower. Feeder heifers 3.00-10.00 lower. Slaughter cows steady to 1.00 lower. Slaughter bulls steady. Limited receipts this week due to extreme heat. Quality was average to plain. Market was softer in most spots. Sold 4 loads on video this week 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
300–315 311 9 265.00–315.00 $282.67 $879 +2.33
315 fancy 315 1 365.00 $365.00 $1,150 —
350–385 361 9 250.00–305.00 $272.50 $984 -9.66
405–430 421 5 250.00–287.50 $268.43 $1,130 +2.49
455–490 474 5 247.50–267.50 $256.21 $1,214 -3.37
500–535 515 3 235.00–250.00 $243.19 $1,252 -12.75
550–585 572 10 232.50–245.00 $240.95 $1,378 -1.34
600–645 615 6 227.00–247.50 $238.01 $1,464 -2.70
650–660 653 4 225.00–230.00 $227.99 $1,489 -3.51
700–735 714 18 220.00–230.00 $227.01 $1,621 +1.84
750 750 1 225.00 $225.00 $1,688 —
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
325–345 334 5 225.00–235.00 $231.96 $775 +4.47
365–395 373 5 215.00–225.00 $221.40 $826 -6.75
445 445 3 215.00–218.00 $217.00 $966 -10.37
455–475 465 2 205.00–207.00 $205.98 $958 -13.75
535 535 1 210.00 $210.00 $1,124 —
550–590 577 3 200.00–205.00 $201.59 $1,163 —
640 640 2 195.00 $195.00 $1,248 —

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Feeder Heifers

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
300–335 322 5 225.00–240.00 $235.95 $760 -7.07
365–385 379 4 225.00–247.50 $238.27 $903 -0.88
400–440 414 10 220.00–242.50 $232.90 $964 -3.23
455–495 467 17 220.00–247.50 $231.60 $1,082 +0.97
500–530 516 7 211.00–225.00 $218.48 $1,127 -6.26
555 555 2 195.00 $195.00 $1,082 -73.31
555–585 568 4 205.00–215.00 $209.74 $1,191 -15.07
605–645 616 7 200.00–211.00 $206.12 $1,270 -4.23
650 650 1 208.00 $208.00 $1,352 +3.16
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
315–345 329 8 205.00–215.00 $208.23 $685 -7.51
365–395 376 8 200.00–210.00 $202.56 $762 -3.65
410–440 428 6 200.00–205.00 $202.57 $867 -0.46
480–490 483 3 195.00 $195.00 $942 -5.53

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Feeder Bulls

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
455–495 481 6 220.00–230.00 $224.15 $1,078 -11.15
500–540 521 9 215.00–227.50 $220.94 $1,151 -1.67
555–590 564 7 209.00–217.50 $214.29 $1,209 -9.20
605–645 621 5 205.00–215.00 $206.95 $1,285 -7.48
655–685 669 7 195.00–220.00 $207.02 $1,385 —
785 785 1 175.00 $175.00 $1,374 —

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Slaughter Cows

Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1055–1075 1065 80-85% 2 82.00–84.00 $82.99 $884 -3.31
1080–1135 1108 80-85% 2 105.00–109.00 $107.05 $1,186 —
1020–1375 1160 80-85% 18 93.00–104.00 $99.09 $1,149 +0.48
Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
670–745 707 85-90% 7 50.00–62.00 $57.03 $403 —
900–1050 989 85-90% 7 83.00–90.00 $87.20 $862 -1.22
Breaker ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1590 1590 75-80% 1 90.00 $90.00 $1,431 —

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Slaughter Bulls

YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1465–1690 1596 4 105.00–117.00 $108.94 $1,739 —

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Bred Cows

Medium and Large 1-2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1000 1000 Young (2-4 yrs)2nd Stage (4-6 mo) 1 1,600.00 $1,600.00
1355 1355 Middle Aged (5-8 yrs)2nd Stage (4-6 mo) 1 1,450.00 $1,450.00

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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
1205 1205 Middle Aged (5-8 yrs)Open 1 1,500.00 $1,500.00 —

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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.