Cattle Market Pulse

Hope Livestock Auction Market Report

Hope, Arkansas · USDA-reported Auction Livestock

Sale of Thursday, February 1, 2024

1,006 head sold ·Official USDA report

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

light 4-weight M&L 1 steers $311.84/cwt -12.40 vs last sale · ≈ $1,308/hd at 419 lb · 27 head
heavy 4-weight M&L 1 steers $301.91/cwt -25.64 vs last sale · ≈ $1,418/hd at 470 lb · 25 head
light 6-weight M&L 1 steers $272.73/cwt +13.27 vs last sale · ≈ $1,683/hd at 617 lb · 25 head

Receipts

HeadThis saleLast saleLast year
Total receipts 1,006 284 492
Feeder cattle 807 249 359
Slaughter cattle 174 35 118
Replacement cattle 25 — 15

Market comments — USDA reporter

No trend due to limited receipts last week. Market was strong on all classes of cattle. Buyers were very aggressive. Quality was average. We are seeing prices on calves that have not been seen in years. Sold a video load to view results click this link (https://www.ams.usda.gov/mnreports/ams_3628.pdf).

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
315–330 fancy 323 2 365.00–370.00 $367.56 $1,187 —
310–345 329 11 305.00–350.00 $334.58 $1,101 +29.77
350–395 373 12 300.00–355.00 $332.83 $1,241 +18.33
370–390 fancy 380 4 360.00–380.00 $370.00 $1,406 —
385–395 value added 392 3 340.00–365.00 $348.19 $1,365 +8.19
405 fancy 405 1 375.00 $375.00 $1,519 —
400–445 420 24 275.00–345.00 $304.57 $1,279 -10.35
420 value added 420 2 367.50 $367.50 $1,544 +35.80
450–490 468 22 280.00–325.00 $299.33 $1,401 -14.40
480–485 value added 483 3 320.00–322.50 $320.83 $1,550 -14.61
500–520 value added 508 5 285.00–300.00 $293.31 $1,490 -7.91
515–545 532 9 265.00–305.00 $278.01 $1,479 -12.85
550–595 565 12 262.50–280.00 $269.14 $1,521 -3.93
550–580 value added 569 9 275.00–310.00 $284.41 $1,618 —
600–645 value added 609 18 261.00–283.00 $279.97 $1,705 +13.57
620–645 638 7 245.00–282.50 $254.12 $1,621 +6.21
655–695 value added 673 5 267.50–272.50 $269.57 $1,814 +8.91
655–690 674 7 230.00–255.00 $241.79 $1,630 +2.32
705 value added 705 2 250.00 $250.00 $1,762 —
700–745 727 6 225.00–240.00 $234.80 $1,707 -1.23
750–790 770 4 230.00–237.00 $232.53 $1,790 —
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
325–345 336 5 250.00–277.00 $271.15 $911 +21.07
350–390 370 5 265.00–278.00 $272.66 $1,009 —
420–440 429 8 245.00–260.00 $252.46 $1,083 +12.46
450–485 466 8 240.00–255.00 $246.91 $1,151 —
500–545 523 6 235.00–245.00 $239.19 $1,251 +10.76

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Feeder Heifers

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
300–340 326 8 270.00–300.00 $281.97 $919 +8.07
340 fancy 340 2 320.00 $320.00 $1,088 —
350–390 364 14 255.00–317.50 $277.01 $1,008 +1.02
385 fancy 385 1 317.50 $317.50 $1,222 —
405 fancy 405 1 315.00 $315.00 $1,276 —
410 value added 410 2 272.50 $272.50 $1,117 +5.36
400–445 420 19 249.00–273.00 $258.20 $1,084 +2.34
465 fancy 465 1 280.00 $280.00 $1,302 —
450–495 469 15 242.00–270.00 $256.31 $1,202 +17.25
485 value added 485 2 251.00 $251.00 $1,217 +5.16
505–540 value added 517 3 259.00–265.00 $262.91 $1,359 —
505–540 523 14 235.00–255.00 $246.07 $1,287 +18.60
555–595 572 12 230.00–253.00 $242.27 $1,386 +21.27
555–595 value added 575 5 245.00–261.00 $253.22 $1,456 +23.22
600–630 611 7 224.00–245.00 $236.58 $1,446 +22.95
615 value added 615 2 236.00 $236.00 $1,451 +14.10
665–685 674 5 216.00–225.00 $221.18 $1,491 +13.88
710–730 718 3 200.00–222.00 $211.89 $1,521 —
800 800 1 199.00 $199.00 $1,592 —
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
300–345 323 6 240.00–250.00 $244.77 $791 —
355–390 369 7 230.00–247.00 $238.44 $880 —
400–440 418 8 220.00–237.00 $228.11 $953 +14.53
455–490 473 14 215.00–232.00 $222.00 $1,050 +7.00
510–540 523 5 215.00–222.00 $219.06 $1,146 +19.06

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Feeder Bulls

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
450–485 464 8 255.00–280.00 $269.73 $1,252 —
500–545 518 9 240.00–255.00 $245.31 $1,271 —
575 575 1 245.00 $245.00 $1,409 ±0.00
670–695 683 2 220.00–222.00 $221.02 $1,510 -4.98
710–735 727 3 220.00–225.00 $223.31 $1,623 —
750–785 770 3 218.00–222.00 $219.97 $1,694 —

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Slaughter Cows

Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1025–1065 1052 80-85% 5 80.00–86.00 $84.20 $886 —
1020–1445 1174 80-85% 21 94.00–103.00 $99.05 $1,163 +7.97
1185–1420 1312 80-85% 5 105.00–110.00 $106.84 $1,402 —
Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
755–770 763 85-90% 2 55.00–62.00 $58.53 $447 —
935–1035 976 85-90% 8 76.00–85.00 $81.07 $791 +4.07
Breaker ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1225–1250 1238 75-80% 2 100.00–101.00 $100.51 $1,244 —

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Slaughter Bulls

YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1535–1855 1667 9 105.00–115.00 $110.02 $1,834 —

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Stock Cows

Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
825–965 893 Young (2-4 yrs)Open 6 117.00–130.00 $120.43 $1,075

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Bred Cows

Medium and Large 1-2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
975 975 Young (2-4 yrs)1st Stage (1-3 mo) 1 1,300.00 $1,300.00
1040 1040 Young (2-4 yrs)2nd Stage (4-6 mo) 1 1,825.00 $1,825.00
1055 1055 Young (2-4 yrs)3rd Stage (7-9 mo) 1 1,450.00 $1,450.00
1095 1095 Middle Aged (5-8 yrs)2nd Stage (4-6 mo) 1 1,500.00 $1,500.00
1175–1240 1198 Middle Aged (5-8 yrs)3rd Stage (7-9 mo) 3 1,550.00–1,725.00 $1,618.57
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
1125–1270 1180 Aged (>8 yrs)3rd Stage (7-9 mo) 3 103.00–114.00 $109.07 $1,287

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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
1540 1540 Middle Aged (5-8 yrs)Open 1 2,235.00 $2,235.00 —

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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.