Cattle Market Pulse

Hope Livestock Auction Market Report

Hope, Arkansas · USDA-reported Auction Livestock

Sale of Thursday, January 11, 2024

753 head sold ·Official USDA report

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

heavy 3-weight M&L 1 steers $291.17/cwt -1.39 vs last sale · ≈ $1,092/hd at 375 lb · 19 head
light 4-weight M&L 1 steers $278.62/cwt +5.38 vs last sale · ≈ $1,167/hd at 419 lb · 18 head
heavy 4-weight M&L 1 steers $274.57/cwt +7.09 vs last sale · ≈ $1,305/hd at 475 lb · 18 head
HeadThis saleLast saleLast year
Total receipts 753 560 1,225
Feeder cattle 654 380 1,070
Slaughter cattle 89 155 140
Replacement cattle 10 25 15

Compared to last week: Feeder steers 2.00-5.00 lower except 400-600 lb. were 4.00-5.00 higher. Feeder heifers steady to 3.00 lower. Slaughter cows were steady. Slaughter bulls steady to 2.00 lower. Quality was average to plain. Market was strong considering a dismal winter weather forecast. Buyers were still aggressive on the light weight calves suitable for grazing.

New to these tables? Plain-English explainers ↓

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
300–345 323 9 285.00–305.00 $293.30 $947 -15.11
350–395 375 19 275.00–322.50 $291.17 $1,092 -1.39
400–445 419 18 265.00–308.00 $278.62 $1,167 +5.38
465 fancy 465 1 300.00 $300.00 $1,395
465–470 value added 468 2 287.50–292.50 $289.99 $1,357
465–490 477 15 260.00–290.00 $270.82 $1,292 +3.34
500–525 value added 513 2 282.50–285.00 $283.78 $1,456
525 fancy 525 1 290.00 $290.00 $1,522 +2.50
505–545 526 11 250.00–280.00 $264.21 $1,390 +8.60
555–585 567 3 242.50–267.50 $256.45 $1,454 +4.24
600–645 611 8 230.00–247.50 $237.50 $1,451 -5.98
610–635 value added 627 5 240.00–250.00 $244.96 $1,536
650–655 652 3 225.00–232.00 $229.65 $1,497 -2.62
665–675 value added 668 3 242.50–247.50 $244.18 $1,631
750 750 2 200.00 $200.00 $1,500
825 825 1 200.00 $200.00 $1,650
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
325–345 337 8 230.00–250.00 $239.68 $808 +12.24
375–395 383 7 230.00–245.00 $237.61 $910 +20.13
405–430 419 4 230.00–235.00 $231.27 $969 +5.76
510 510 2 225.00 $225.00 $1,148 +10.43
550 550 2 210.00–216.00 $213.00 $1,172

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
300–345 321 13 230.00–270.00 $248.75 $798 -0.76
350–390 366 13 230.00–252.00 $241.70 $885 +0.01
410–415 value added 413 4 246.00–254.00 $249.98 $1,032
400–445 418 12 226.00–242.50 $234.80 $981 -6.04
450–495 472 10 225.00–250.00 $236.69 $1,117 +0.39
490 value added 490 2 244.00 $244.00 $1,196
500 value added 500 1 244.00 $244.00 $1,220
505–520 513 5 218.00–241.00 $230.07 $1,180 +1.14
565–595 579 11 210.00–225.00 $216.71 $1,255 -1.30
600–640 621 10 195.00–208.00 $202.89 $1,260 -2.86
650–690 665 7 190.00–211.00 $198.27 $1,318 -7.11
715–740 730 4 185.00–195.00 $191.22 $1,396
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
300–335 319 8 200.00–222.00 $213.41 $681 +3.41
355–395 376 5 210.00–220.00 $216.89 $816 +8.87
410–440 419 11 200.00–218.00 $210.74 $883 +11.75
455–475 464 8 190.00–215.00 $201.04 $933
515–545 535 5 185.00–200.00 $190.02 $1,017 -4.95
575–595 581 4 172.00–185.00 $179.18 $1,041

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
455–495 483 6 243.00–250.00 $248.15 $1,199 +3.43
505–535 523 4 230.00–250.00 $237.39 $1,242 -0.19
555–585 567 5 220.00–227.00 $224.85 $1,275
605–640 621 4 200.00–222.00 $214.58 $1,333
655–675 668 3 215.00–218.00 $216.32 $1,445 +4.32
740 740 1 193.00 $193.00 $1,428
795 795 1 180.00 $180.00 $1,431
825 825 1 188.00 $188.00 $1,551

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Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
995–1130 1070 80-85% 4 77.00–82.00 $78.40 $839
1060–1360 1169 80-85% 4 98.00–100.00 $98.91 $1,156 +9.01
1050–1355 1176 80-85% 18 86.00–96.00 $91.68 $1,078 +1.78
Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
785–835 815 85-90% 4 50.00–60.00 $53.03 $432
945–1010 966 85-90% 8 72.00–80.00 $76.78 $742 -0.45

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YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1500 1500 1 85.00 $85.00 $1,275
1580–1980 1778 6 95.00–109.00 $101.52 $1,805

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Medium and Large 1-2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
950 950 Young (2-4 yrs)1st Stage (1-3 mo) 1 1,300.00 $1,300.00
1130 1130 Middle Aged (5-8 yrs)2nd Stage (4-6 mo) 1 1,240.00 $1,240.00
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
1020 1020 Middle Aged (5-8 yrs)2nd Stage (4-6 mo) 1 115.00 $115.00 $1,173

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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.