Cattle Market Pulse

Hope Livestock Auction Market Report

Hope, Arkansas · USDA-reported Auction Livestock

Sale of Thursday, September 7, 2023

703 head sold ·Official USDA report

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

light 4-weight M&L 1 steers $278.29/cwt +22.28 vs last sale · ≈ $1,149/hd at 413 lb · 18 head
heavy 3-weight M&L 1 steers $293.12/cwt -4.94 vs last sale · ≈ $1,085/hd at 370 lb · 17 head
heavy 3-weight M&L 1 heifers $253.03/cwt +14.90 vs last sale · ≈ $941/hd at 372 lb · 16 head

Receipts

HeadThis saleLast saleLast year
Total receipts 703 1,030 728
Feeder cattle 582 819 621
Slaughter cattle 121 196 107
Replacement cattle — 15 —

Market comments — USDA reporter

Compared to last week: Feeder steers under 400 lbs. steady to 4.00 lower; over 400 lbs. 5.00-10.00 instances 15.00 higher. Feeder heifers 4.00-8.00 higher, instances 12.00-13.00 higher. Slaughter cows 2.00-4.00 lower. Slaughter bulls 2.00 higher. Quality was average to attractive. Most classes were higher this week. Some were considerably higher. Buyers were active this week.

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
310 fancy 310 1 340.00 $340.00 $1,054 —
300–345 324 7 285.00–320.00 $303.96 $985 +0.98
350–395 370 17 270.00–315.00 $293.12 $1,085 -4.94
400–435 413 18 257.00–305.00 $278.29 $1,149 +22.28
450–490 464 8 252.00–268.00 $260.35 $1,208 +6.00
500–545 521 7 247.00–260.00 $253.47 $1,321 +14.18
550–565 556 6 242.50–255.00 $250.83 $1,395 +16.04
605–625 617 3 241.00–247.00 $244.32 $1,507 +12.04
650–685 675 4 230.00–242.00 $237.21 $1,601 +4.36
700 700 1 239.00 $239.00 $1,673 +5.50
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
310–340 324 5 230.00–245.00 $234.04 $758 +0.74
365–395 386 10 220.00–235.00 $228.02 $880 +2.02
400–425 409 6 203.00–228.00 $219.43 $897 +6.97
475 475 1 230.00 $230.00 $1,092 +10.93
525 525 2 210.00 $210.00 $1,102 +2.31
590 590 1 200.00 $200.00 $1,180 -6.64

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Feeder Heifers

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
305–345 329 9 235.00–270.00 $253.23 $833 —
355–380 fancy 363 3 280.00–291.00 $286.37 $1,040 —
355–390 374 13 235.00–265.00 $245.33 $918 +7.20
400–445 418 16 225.00–272.50 $241.17 $1,008 +13.47
450–495 472 16 229.00–243.00 $233.54 $1,102 +8.07
500–545 523 15 217.00–235.00 $227.26 $1,189 +4.87
550–595 571 11 212.00–230.00 $222.59 $1,271 +12.76
600–635 617 7 205.00–229.00 $217.05 $1,339 +14.35
655–665 660 2 200.00–209.00 $204.53 $1,350 +9.18
780–785 783 2 181.00–189.00 $184.99 $1,448 -4.60
800–835 818 2 181.00–183.00 $181.98 $1,489 +2.23
950 950 1 162.50 $162.50 $1,544 +34.15
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
310–320 317 3 210.00–220.00 $213.26 $676 +3.26
355–385 368 6 195.00–215.00 $208.99 $769 +3.29
410–445 432 10 192.50–210.00 $204.43 $883 +1.30
455–495 475 6 205.00–210.00 $206.60 $981 +12.11
505–525 512 3 200.00–205.00 $201.71 $1,033 +8.31

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Feeder Bulls

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
455–485 464 7 248.00–255.00 $251.86 $1,169 +13.36
510–535 528 5 220.00–229.00 $223.77 $1,182 +0.81
555–590 572 3 220.00–225.00 $223.34 $1,278 +6.33
615–620 617 6 212.50–217.50 $215.67 $1,331 +7.53
660–690 671 7 200.00–215.00 $205.38 $1,378 -8.39

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Slaughter Cows

Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1050–1055 1054 80-85% 4 82.00–85.00 $84.00 $885 —
1010–1445 1172 80-85% 9 107.00–119.00 $111.70 $1,309 +2.97
1025–1385 1189 80-85% 22 93.00–105.00 $98.29 $1,169 -10.44
Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
810–850 835 85-90% 3 68.00–74.00 $71.64 $598 +1.64
920–985 952 85-90% 7 84.00–89.00 $85.86 $817 -2.87
1045 1045 85-90% 1 90.00 $90.00 $940 —
Breaker ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1330–1505 1425 75-80% 3 95.00–99.00 $97.25 $1,386 -3.10

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Slaughter Bulls

YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1300–1405 1361 4 97.00–103.00 $100.02 $1,361 —
1550–1730 1653 5 108.00–115.00 $110.73 $1,830 —

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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.