Cattle Market Pulse

Hope Livestock Auction Market Report

Hope, Arkansas · USDA-reported Auction Livestock

Sale of Thursday, June 2, 2022

537 head sold ·Official USDA report

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

light 5-weight M&L 1 steers $165.77/cwt -1.40 vs last sale · ≈ $865/hd at 522 lb · 12 head
heavy 4-weight M&L 1 heifers $145.96/cwt -0.43 vs last sale · ≈ $690/hd at 473 lb · 10 head

Receipts

HeadThis saleLast saleLast year
Total receipts 537 749 696
Feeder cattle 379 475 524
Slaughter cattle 158 219 172
Replacement cattle — 55 —

Market comments — USDA reporter

Compared to two weeks ago: Feeder steers unevenly steady. Feeder heifers 2.00-5.00 lower. Slaughter cows 2.00-5.00 higher. Slaughter bulls steady. Quality was average to plain. Yearling type cattle still selling well. Fleshy new crop calves are becoming more numerous and being discounted.

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
305–345 331 6 175.00–190.00 $181.90 $602 -3.48
355–395 376 8 175.00–185.00 $179.34 $674 -8.69
415–445 428 7 173.00–187.00 $179.38 $768 +0.95
450–475 467 8 170.00–180.00 $174.63 $816 +2.80
505–545 522 12 160.00–172.00 $165.77 $865 -1.40
565–595 580 2 156.00–160.00 $157.95 $916 +1.90
625–645 635 2 151.00–153.00 $151.98 $965 +5.24
660–685 675 4 147.00–153.00 $151.49 $1,023 +13.56
740 740 1 145.00 $145.00 $1,073 +10.44
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
300–340 313 3 153.00–160.00 $155.96 $488 —
365–395 380 3 150.00–155.00 $153.40 $583 -1.60
425 425 2 145.00 $145.00 $616 -5.80
510–535 522 3 135.00 $135.00 $705 -4.86
565 565 1 130.00 $130.00 $734 +2.54

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Feeder Heifers

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
310–335 324 6 150.00–165.00 $160.03 $518 +1.68
350–385 366 8 145.00–155.00 $150.87 $552 -2.12
400–445 421 9 140.00–155.00 $147.01 $619 -3.61
455–495 473 10 140.00–153.00 $145.96 $690 -0.43
500–535 523 6 135.00–142.00 $138.66 $725 -7.19
555–595 574 6 133.00–137.00 $134.99 $775 -8.79
610–630 622 3 133.00–134.00 $133.34 $829 -2.98
650–695 668 3 124.00–132.00 $128.02 $855 +5.56
700 700 1 125.00 $125.00 $875 +6.67
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
320–335 329 4 125.00–135.00 $131.25 $432 -5.16
425–430 428 2 125.00 $125.00 $535 -5.00
495 495 1 129.00 $129.00 $639 -6.00
520 520 1 115.00 $115.00 $598 -11.30

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Feeder Bulls

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
455–475 470 4 148.00–151.00 $149.77 $704 -10.23
525–545 539 7 140.00–155.00 $151.17 $815 +9.48
550–590 572 3 135.00–143.00 $138.32 $791 -2.81
605–640 623 3 134.00–138.00 $135.98 $847 +1.48

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Slaughter Cows

Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1025–1085 1055 80-85% 4 47.00–55.00 $50.01 $528 +1.58
1050–1300 1170 80-85% 21 60.00–73.00 $67.84 $794 +0.68
1110–1525 1346 80-85% 11 76.00–82.00 $78.63 $1,058 +3.15
Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
805–875 845 85-90% 3 34.00–35.00 $34.65 $293 +0.42
905–1050 985 85-90% 14 55.00–64.00 $60.92 $600 +6.29
Breaker ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1655 1655 75-80% 1 70.00 $70.00 $1,158 —

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Slaughter Bulls

YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1585 1585 1 72.00 $72.00 $1,141 —
1630–1785 1708 6 80.00–90.00 $86.38 $1,475 -1.28
1755 1755 1 100.00 $100.00 $1,755 —

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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.