Cattle Market Pulse

Hope Livestock Auction Market Report

Hope, Arkansas · USDA-reported Auction Livestock

Sale of Thursday, January 4, 2024

560 head sold ·Official USDA report

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

heavy 4-weight M&L 1 steers $267.48/cwt -8.34 vs last sale · ≈ $1,244/hd at 465 lb · 14 head
light 5-weight M&L 1 steers $257.89/cwt -0.43 vs last sale · ≈ $1,351/hd at 524 lb · 14 head
heavy 3-weight M&L 1 steers $292.56/cwt -0.30 vs last sale · ≈ $1,091/hd at 373 lb · 12 head

Receipts

HeadThis saleLast saleLast year
Total receipts 560 910 1,039
Feeder cattle 380 692 801
Slaughter cattle 155 183 168
Replacement cattle 25 35 70

Market comments — USDA reporter

No trend due to lack of sale during the holidays but market was really strong with prices being some better on all classes of calves and yearlings. Slaughter cattle prices were similar to before the holidays. Buyers were aggressive on lighter weight calves suitable to graze. Quality was average to plain.

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 10 290.00–317.00 $308.41 $1,027 +22.73
355–385 373 12 275.00–312.50 $292.56 $1,091 -0.30
410–435 418 7 260.00–292.50 $273.24 $1,142 -16.49
450–485 465 14 260.00–280.00 $267.48 $1,244 -4.44
500–535 523 13 245.00–275.00 $255.61 $1,337 +2.09
535 fancy 535 1 287.50 $287.50 $1,538 —
575–585 579 8 240.00–257.50 $252.21 $1,460 +16.37
590 value added 590 2 263.00 $263.00 $1,552 +10.24
610–640 625 8 230.00–255.00 $243.48 $1,522 +17.48
650–690 662 6 224.00–240.00 $232.27 $1,538 +17.27
705–725 717 3 224.00–230.00 $226.69 $1,625 +26.54
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
325–340 333 4 225.00–230.00 $227.44 $757 -15.31
355–360 358 2 215.00–220.00 $217.48 $779 -19.98
410–440 423 8 220.00–230.00 $225.51 $954 -2.14
475–495 483 5 220.00–225.00 $222.05 $1,073 +0.54
510–525 518 4 210.00–219.00 $214.57 $1,111 +1.33

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Feeder Heifers

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
305–335 327 11 240.00–265.00 $249.51 $816 +4.48
365–395 377 9 235.00–260.00 $241.69 $911 +8.39
410–445 421 9 232.00–261.00 $240.84 $1,014 +20.51
450–485 474 7 230.00–245.00 $236.30 $1,120 +20.23
500 fancy 500 1 256.00 $256.00 $1,280 —
515–530 519 8 220.00–247.00 $228.93 $1,188 +15.59
555–595 568 10 215.00–225.00 $218.01 $1,238 +21.05
600–625 608 6 190.00–210.00 $205.75 $1,251 +9.41
650–670 657 3 203.00–210.00 $205.38 $1,349 +14.38
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
315 315 3 210.00 $210.00 $662 +9.02
365–385 373 5 200.00–210.00 $208.02 $776 +5.12
410–445 426 6 195.00–205.00 $198.99 $848 +7.23
510–535 523 6 190.00–200.00 $194.97 $1,020 +22.77

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Feeder Bulls

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
455–485 474 8 240.00–250.00 $244.72 $1,160 +9.72
510–545 528 4 235.00–240.00 $237.58 $1,254 +10.51
680 680 1 212.00 $212.00 $1,442 —

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Slaughter Cows

Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1000–1085 1041 80-85% 9 77.00–82.00 $79.67 $829 —
1055–1385 1183 80-85% 27 87.00–97.00 $89.90 $1,064 —
Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
755–825 788 85-90% 4 55.00–62.00 $58.59 $462 —
925–1050 994 85-90% 16 74.00–80.00 $77.23 $768 +0.15
1125–1140 1133 85-90% 2 85.00–86.00 $85.50 $969 —
Breaker ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1165 1165 75-80% 1 90.00 $90.00 $1,048 —

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Slaughter Bulls

YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1385–1395 1390 2 82.00–85.00 $83.51 $1,161 +0.60
1560–1900 1688 6 102.00–108.00 $104.25 $1,760 —

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Bred Cows

Medium and Large 1-2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1105 1105 Middle Aged (5-8 yrs)2nd Stage (4-6 mo) 1 1,250.00 $1,250.00
1280 1280 Young (2-4 yrs)2nd Stage (4-6 mo) 1 1,350.00 $1,350.00

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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
1115–1325 1185 Aged (>8 yrs)Open 3 1,350.00–1,400.00 $1,381.36 -82.47
1175–1555 1259 Middle Aged (5-8 yrs)Open 8 1,500.00–1,825.00 $1,650.65 —
1175–1435 1305 Middle Aged (5-8 yrs)Open 2 1,500.00–1,700.00 $1,609.96 -104.01

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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.