Cattle Market Pulse

Hope Livestock Auction Market Report

Hope, Arkansas · USDA-reported Auction Livestock

Sale of Thursday, September 21, 2023

1,561 head sold ·Official USDA report

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

light 4-weight M&L 1 steers $284.76/cwt +11.27 vs last sale · ≈ $1,201/hd at 422 lb · 25 head
heavy 3-weight M&L 1 steers $285.11/cwt -15.27 vs last sale · ≈ $1,072/hd at 376 lb · 23 head
light 5-weight M&L 1 steers $258.24/cwt +10.10 vs last sale · ≈ $1,343/hd at 520 lb · 20 head

Receipts

HeadThis saleLast saleLast year
Total receipts 1,561 1,157 0
Feeder cattle 1,106 970 0
Slaughter cattle 305 177 0
Replacement cattle 150 10 0

Market comments — USDA reporter

Compared to last week: Feeder steers 4.00-10.00 higher. Feeder heifers under 400 lbs. 1.00-2.00 lower; over 400 lbs. steady to 6.00 higher. Slaughter cows 1.00-5.00 higher. Slaughter bulls steady. Quality was average to attractive. Buyers were active to aggressive. Most classes of cattle were higher. The majority of the offering was unweaned new crop calves. Had a strong market for replacement 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
315–345 333 16 270.00–310.00 $290.39 $967 +3.98
350–395 376 23 260.00–312.50 $285.11 $1,072 -12.31
400–445 421 23 258.00–300.00 $282.34 $1,189 +11.81
425–435 fancy 430 2 310.00–315.00 $312.53 $1,344 +5.03
455–480 fancy 467 3 290.00–310.00 $297.50 $1,389 +14.93
450–495 477 14 255.00–287.50 $266.75 $1,272 +9.33
500–545 518 18 237.50–277.00 $257.77 $1,335 +9.63
540 value added 540 2 262.50 $262.50 $1,418 —
565–575 value added 571 5 240.00–250.00 $243.96 $1,393 -8.54
550–595 585 10 230.00–257.50 $238.15 $1,393 -0.91
600–645 627 19 227.00–246.00 $234.02 $1,467 +9.79
660–695 678 4 230.00–235.00 $232.25 $1,575 +5.14
705–740 721 5 225.00–232.50 $228.48 $1,647 +5.37
790 790 1 214.00 $214.00 $1,691 -6.40
865 865 1 200.00 $200.00 $1,730 —
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
310–330 321 8 230.00–240.00 $234.98 $754 -3.12
350–385 367 13 225.00–235.00 $230.08 $844 -0.28
410–425 420 5 210.00–220.00 $218.05 $916 -8.15
475–490 481 6 220.00–221.00 $220.17 $1,059 +1.12
525 525 3 220.00 $220.00 $1,155 +5.00

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Feeder Heifers

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
305–345 330 14 230.00–250.00 $243.12 $802 -2.21
350–395 367 17 228.00–262.50 $240.81 $884 -1.75
400–445 421 11 225.00–245.00 $230.30 $970 +0.01
455–490 469 9 220.00–230.00 $225.78 $1,059 +0.30
520–545 532 13 217.50–225.00 $222.81 $1,185 +1.80
540 540 1 261.00 $261.00 $1,409 +39.99
550 550 4 245.00–250.00 $246.25 $1,354 +28.74
550–590 564 13 218.00–225.00 $220.91 $1,246 +3.40
580 value added 580 2 227.50 $227.50 $1,320 +5.50
605–645 621 11 200.00–219.00 $215.28 $1,337 +3.46
655–670 659 4 207.00–217.00 $211.24 $1,392 -9.76
700–720 713 3 182.50–200.00 $190.19 $1,356 -12.81
750–770 760 2 203.00 $203.00 $1,543 +11.00
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
310–325 319 7 210.00–218.00 $214.09 $683 +8.65
355–375 369 12 200.00–217.00 $209.54 $773 +4.51
410–425 417 11 200.00 $200.00 $834 -4.07
455–475 463 6 200.00–210.00 $205.07 $949 -3.91
505–545 522 9 195.00–205.00 $201.60 $1,052 +6.60

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Feeder Bulls

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
450–485 470 18 225.00–242.00 $237.31 $1,115 +0.31
510–545 529 7 225.00–236.00 $229.58 $1,214 +7.93
550–575 558 5 220.00–226.00 $222.79 $1,243 +8.84
635 635 2 200.00 $200.00 $1,270 -8.68
670–675 673 2 205.00–210.00 $207.49 $1,396 —
735–745 740 2 200.00–210.00 $204.97 $1,517 —
Medium and Large 1-2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $ Δ last sale
1600 1600 Young (2-4 yrs)N/A 1 2,900.00 $2,900.00 —

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Slaughter Cows

Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1050–1155 1078 80-85% 10 80.00–88.00 $82.41 $888 —
1045–1420 1251 80-85% 35 93.00–105.00 $99.09 $1,240 -8.01
1115–1550 1279 80-85% 7 107.00–110.00 $108.01 $1,381 +0.91
Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
785–825 808 85-90% 7 65.00–72.00 $68.90 $557 +5.41
920–1100 984 85-90% 16 80.00–89.00 $85.57 $842 +1.63
1035–1100 1066 85-90% 4 90.00–92.00 $90.49 $965 —

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Slaughter Bulls

YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1260–1500 1396 4 85.00–97.00 $91.17 $1,273 —
1510–1820 1646 8 105.00–115.00 $109.68 $1,805 —

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Stock Cows

Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
910 910 Young (2-4 yrs)Open 3 100.00 $100.00 $910

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Bred Cows

Medium and Large 1-2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1050–1125 1091 Aged (>8 yrs)2nd Stage (4-6 mo) 8 1,000.00–1,300.00 $1,128.01
1065–1220 1109 Young (2-4 yrs)3rd Stage (7-9 mo) 8 1,500.00–2,000.00 $1,709.39
955–1285 1117 Middle Aged (5-8 yrs)2nd Stage (4-6 mo) 13 1,350.00–1,800.00 $1,449.66
1100–1155 1128 Aged (>8 yrs)3rd Stage (7-9 mo) 4 1,200.00–1,300.00 $1,248.78
1100–1150 1132 Middle Aged (5-8 yrs)3rd Stage (7-9 mo) 7 1,350.00–1,650.00 $1,512.46
1020–1205 1174 Young (2-4 yrs)2nd Stage (4-6 mo) 8 1,600.00–1,800.00 $1,672.52

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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
965 thin fleshed 965 Young (2-4 yrs)Open 2 1,500.00 $1,500.00 —
1265–1285 1275 Middle Aged (5-8 yrs)Open 5 1,600.00–2,150.00 $1,851.49 —
1285–1330 1303 Aged (>8 yrs)Open 5 1,375.00–1,400.00 $1,389.79 —
1160–1585 1318 Young (2-4 yrs)Open 8 1,775.00–2,650.00 $2,230.68 —
1525 1525 Aged (>8 yrs)Open 2 1,500.00 $1,500.00 —
1385–1685 1548 Young (2-4 yrs)Open 3 2,550.00–2,650.00 $2,603.23 —
Medium 1-2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $ Δ last sale
1005–1195 1106 Young (2-4 yrs)Open 11 1,450.00–1,575.00 $1,510.83 —

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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.