Cattle Market Pulse

Hope Livestock Auction Market Report

Hope, Arkansas · USDA-reported Auction Livestock

Sale of Thursday, January 25, 2024

284 head sold ·Official USDA report

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

light 6-weight M&L 1 heifers $219.83/cwt +16.94 vs last sale · ≈ $1,378/hd at 627 lb · 16 head
light 6-weight M&L 1 steers $259.47/cwt +19.10 vs last sale · ≈ $1,609/hd at 620 lb · 16 head
heavy 3-weight M&L 1 steers $329.07/cwt +37.90 vs last sale · ≈ $1,228/hd at 373 lb · 14 head

Receipts

HeadThis saleLast saleLast year
Total receipts 284 753 477
Feeder cattle 249 654 359
Slaughter cattle 35 89 118
Replacement cattle — 10 —

Market comments — USDA reporter

No trend due to no sale last week, but cattle were considerably higher on all classes of calves. Buyers were very aggressive on a small offering. There were limited receipts due to the recent heavy rains. Had a large number of preconditioned cattle. Quality was average.

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
305–345 324 4 295.00–315.00 $304.81 $988 +11.51
350–385 value added 372 8 300.00–355.00 $340.00 $1,265 —
355–395 375 6 277.50–340.00 $314.50 $1,179 +23.33
400–440 418 4 300.00–332.50 $314.92 $1,316 +36.30
400–440 value added 424 5 320.00–340.00 $331.70 $1,406 —
450–490 value added 471 7 325.00–345.00 $335.44 $1,580 +45.45
455–490 478 4 300.00–335.00 $313.73 $1,500 +42.91
505–510 507 3 277.50–300.00 $290.86 $1,475 +26.65
500–540 value added 519 8 290.00–315.00 $301.22 $1,563 +17.44
555–590 566 5 265.00–282.50 $273.07 $1,546 +16.62
600–620 607 6 230.00–270.00 $247.91 $1,505 +10.41
600–645 value added 628 10 264.00–271.00 $266.40 $1,673 +21.44
655–685 value added 665 3 260.00–261.00 $260.66 $1,733 +16.48
650–680 671 4 230.00–244.00 $239.47 $1,607 +9.82
700–745 725 5 230.00–245.00 $236.03 $1,711 —
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
300–340 325 4 235.00–260.00 $250.08 $813 +10.40
435 435 1 240.00 $240.00 $1,044 +8.73
500–545 530 3 225.00–230.00 $228.43 $1,211 +3.43

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Feeder Heifers

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
300–315 value added 305 3 287.50–302.50 $292.42 $892 —
300–345 330 3 270.00–280.00 $273.90 $904 +25.15
355–385 value added 370 4 270.00–290.00 $279.59 $1,034 —
365–395 380 5 262.50–287.00 $275.99 $1,049 +34.29
400–445 419 8 239.00–273.00 $255.86 $1,072 +21.06
400–440 value added 420 4 260.00–275.00 $267.14 $1,122 +17.16
450–490 value added 467 6 240.00–250.00 $245.84 $1,148 +1.84
450–490 469 4 233.00–249.00 $239.06 $1,121 +2.37
505–545 528 4 222.00–230.00 $227.47 $1,201 -2.60
570 value added 570 1 230.00 $230.00 $1,311 —
550–595 573 4 219.00–225.00 $221.00 $1,266 +4.29
600–645 626 4 210.00–217.00 $213.63 $1,337 +10.74
600–630 value added 627 12 220.00–232.00 $221.90 $1,391 —
650 value added 650 1 224.00 $224.00 $1,456 —
650–665 660 3 205.00–212.00 $207.30 $1,368 +9.03
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
405–425 415 2 210.00–217.00 $213.58 $886 +2.84
470 470 1 215.00 $215.00 $1,010 +13.96
545 545 1 200.00 $200.00 $1,090 +9.98

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Feeder Bulls

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
565 565 1 245.00 $245.00 $1,384 +20.15
650 650 1 226.00 $226.00 $1,469 +9.68

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Slaughter Cows

Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1025–1030 1028 80-85% 4 78.00–80.00 $79.00 $812 —
1050–1310 1158 80-85% 13 87.00–99.00 $91.08 $1,055 -7.83
Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
785–825 805 85-90% 2 55.00–60.00 $57.56 $463 +4.53
975–1000 988 85-90% 6 75.00–80.00 $77.00 $761 +0.22

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Slaughter Bulls

YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1255 1255 1 85.00 $85.00 $1,067 —
1550–1900 1753 6 103.00–108.00 $105.51 $1,850 +3.99

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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.