Hope Livestock Auction Market Report

Hope, Arkansas · USDA-reported Auction Livestock

Sale of Thursday, August 31, 2023

1,030 head sold ·Official USDA report

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

heavy 5-weight M&L 1 steers $233.81/cwt -7.14 vs last sale · ≈ $1,336/hd at 571 lb · 22 head

light 5-weight M&L 1 steers $239.29/cwt -3.90 vs last sale · ≈ $1,230/hd at 514 lb · 18 head

heavy 4-weight M&L 1 steers $254.35/cwt -1.86 vs last sale · ≈ $1,201/hd at 472 lb · 16 head

Receipts

Head	This sale	Last sale	Last year
Total receipts	1,030	464	579
Feeder cattle	819	381	478
Slaughter cattle	196	73	91
Replacement cattle	15	10	10

Market comments — USDA reporter

Compared to last week: Feeder steers under 400 lbs. 15.00-20.00 higher; 400-650 lb. 2.00-7.00 lower; over 650 lbs. 4.00-5.00 higher. Feeder heifers steady to 5.00 lower. Slaughter cows 1.00-2.00 higher. Slaughter bulls steady to 1.00 lower. Quality was average. Market was a little softer in spots but light weight steers were considerably higher.

New to these tables? Plain-English explainers ↓

Feeder Steers

Medium and Large 1 ($/cwt)
Weight (lb)	Avg wt	Head	Price range	Avg $	≈ $/hd	Δ last sale
300–345	320	11	275.00–325.00	$302.98	$970	+20.31
350–395	377	15	275.00–325.00	$298.06	$1,124	+25.56
400–445	422	10	250.00–262.00	$256.01	$1,080	-12.42
455–490	472	16	245.00–265.00	$254.35	$1,201	-1.86
500–545	514	18	232.00–255.00	$239.29	$1,230	-3.90
550–590	569	20	230.00–239.00	$234.79	$1,336	-6.16
595	595	2	224.00	$224.00	$1,333	-16.95
600–645	637	6	223.00–243.00	$232.28	$1,480	-5.73
650–695	678	13	226.00–245.00	$232.85	$1,579	+4.86
700–735	713	5	230.00–237.00	$233.50	$1,665	+6.49
755–790	777	3	218.00–225.00	$220.70	$1,715	-4.30
820	820	2	200.00	$200.00	$1,640	—
870–880	875	2	200.00–207.00	$203.52	$1,781	—
1160–1190	1175	2	143.00–149.00	$146.04	$1,716	—

Medium and Large 2 ($/cwt)
Weight (lb)	Avg wt	Head	Price range	Avg $	≈ $/hd	Δ last sale
315–325	318	3	230.00–235.00	$233.30	$742	+1.34
355–395	380	10	215.00–245.00	$226.00	$859	+4.60
420–425	423	4	205.00–220.00	$212.46	$899	-4.54
460–490	478	6	215.00–222.00	$219.07	$1,047	+13.09
505–545	525	10	200.00–215.00	$207.69	$1,090	-2.31
555–580	568	6	200.00–215.00	$206.64	$1,174	+5.05

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Feeder Heifers

Medium and Large 1 ($/cwt)
Weight (lb)	Avg wt	Head	Price range	Avg $	≈ $/hd	Δ last sale
355–395	379	8	225.00–251.00	$238.13	$903	-0.14
410 fancy	410	2	275.00	$275.00	$1,128	—
410–445	428	8	220.00–240.00	$227.70	$975	-5.20
455–495	467	12	220.00–232.50	$225.47	$1,053	-6.13
505–535	522	11	215.00–230.00	$222.39	$1,161	+3.91
550–580	560	6	207.00–214.00	$209.83	$1,175	+14.83
600–630	612	9	195.00–208.00	$202.70	$1,241	-3.42
660–695	676	5	190.00–198.00	$195.35	$1,321	-12.65
735–740	738	2	194.00–195.00	$194.50	$1,435	—
750–780	765	2	185.00–194.00	$189.59	$1,450	—
815–830	822	3	162.50–190.00	$179.75	$1,478	—
955–990	968	3	125.00–130.00	$128.35	$1,242	—
1045	1045	1	130.00	$130.00	$1,358	—
1055	1055	1	125.00	$125.00	$1,319	—

Medium and Large 2 ($/cwt)
Weight (lb)	Avg wt	Head	Price range	Avg $	≈ $/hd	Δ last sale
300–335	320	6	210.00	$210.00	$672	+1.77
360–395	375	12	200.00–210.00	$205.70	$771	+3.14
400–430	410	8	200.00–205.00	$203.13	$833	+0.56
475–495	483	5	190.00–200.00	$194.49	$939	-0.51
525–540	530	3	190.00–200.00	$193.40	$1,025	—

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Feeder Bulls

Medium and Large 1 ($/cwt)
Weight (lb)	Avg wt	Head	Price range	Avg $	≈ $/hd	Δ last sale
455–485	468	11	225.00–245.00	$238.50	$1,116	+14.35
500–540	518	8	220.00–225.00	$222.96	$1,155	+2.02
555–585	569	7	215.00–219.00	$217.01	$1,235	+2.72
615–645	632	5	200.00–221.00	$208.14	$1,315	+1.19
670–695	683	2	212.50–215.00	$213.77	$1,460	+6.75
750	750	1	185.00	$185.00	$1,388	+10.00

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Slaughter Cows

Boner ($/cwt)
Weight (lb)	Avg wt	Dressing	Head	Price range	Avg $	≈ $/hd	Δ last sale
975–1090	1041	80-85%	12	85.00–91.00	$88.74	$924	—
1000–1370	1109	80-85%	38	95.00–105.00	$100.22	$1,111	-6.83
1055–1440	1177	80-85%	9	107.00–113.00	$108.73	$1,280	+9.64

Lean ($/cwt)
Weight (lb)	Avg wt	Dressing	Head	Price range	Avg $	≈ $/hd	Δ last sale
820	820	85-90%	1	70.00	$70.00	$574	—
900–1010	979	85-90%	7	84.00–92.00	$88.73	$869	+1.53

Breaker ($/cwt)
Weight (lb)	Avg wt	Dressing	Head	Price range	Avg $	≈ $/hd	Δ last sale
1255–1585	1430	75-80%	3	94.00–105.00	$100.35	$1,435	—

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Slaughter Bulls

YG1-2 ($/cwt)
Weight (lb)	Avg wt	Head	Price range	Avg $	≈ $/hd	Δ last sale
1100–1435	1270	3	90.00–94.00	$92.28	$1,172	—
1411–1855	1639	10	100.00–114.00	$107.88	$1,768	—

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Bred Cows

Medium and Large 1-2 ($/head)
Weight (lb)	Avg wt	Age	Stage	Head	Price range	Avg $
1030	1030	Young (2-4 yrs)	1st Stage (1-3 mo)	1	1,450.00	$1,450.00
1155	1155	Middle Aged (5-8 yrs)	2nd Stage (4-6 mo)	2	1,350.00	$1,350.00

Medium and Large 1-2 ($/cwt)
Weight (lb)	Avg wt	Age	Stage	Head	Price range	Avg $	≈ $/hd
1150–1200	1183	Middle Aged (5-8 yrs)	2nd Stage (4-6 mo)	3	125.00–127.00	$126.35	$1,495

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Cow-Calf Pairs

Medium and Large 1-2 ($/head)
Weight (lb)	Avg wt	Age	Stage	Head	Price range	Avg $	Δ last sale
965	965	Middle Aged (5-8 yrs)	Open	1	1,475.00	$1,475.00	—
1355	1355	Middle Aged (5-8 yrs)	Open	1	1,750.00	$1,750.00	—

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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.