Cattle Market Pulse

Hope Livestock Auction Market Report

Hope, Arkansas · USDA-reported Auction Livestock

Sale of Thursday, February 8, 2024

825 head sold ·Official USDA report

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

heavy 3-weight M&L 1 steers $339.45/cwt -3.63 vs last sale · ≈ $1,272/hd at 375 lb · 38 head
heavy 4-weight M&L 1 steers $309.28/cwt +7.37 vs last sale · ≈ $1,468/hd at 475 lb · 34 head
light 4-weight M&L 1 steers $329.29/cwt +17.45 vs last sale · ≈ $1,384/hd at 420 lb · 33 head

Receipts

HeadThis saleLast saleLast year
Total receipts 825 1,006 569
Feeder cattle 741 807 403
Slaughter cattle 64 174 139
Replacement cattle 20 25 27

Market comments — USDA reporter

Compared to last week: Feeder steers under 400 lbs. 3.00-8.00 lower; over 400 lbs. 2.00-12.00 higher. Feeder heifers 5.00-15.00 higher. Slaughter cows 1.00-3.00 lower. Slaughter bulls steady. Quality was average. Buyers were still aggressive on most classes of calves; especially the lighter weights. Sold two video loads to view results click this link (https://www.ams.usda.gov/mnreports/ams_3628.pdf). Next week will be the 3rd Thursday stock cow special.

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
300–335 313 13 310.00–365.00 $322.71 $1,010 -11.87
320–325 value added 323 3 370.00–380.00 $373.30 $1,206 —
345 fancy 345 1 375.00 $375.00 $1,294 +7.44
370 fancy 370 1 410.00 $410.00 $1,517 +40.00
350–395 value added 375 12 345.00–390.00 $369.36 $1,385 +21.17
350–395 375 25 290.00–350.00 $322.27 $1,209 -10.56
400–445 418 20 285.00–350.00 $315.97 $1,321 +11.40
400–445 value added 424 13 317.50–375.00 $349.78 $1,483 -17.72
455–495 474 25 275.00–322.50 $302.32 $1,433 +2.99
455–490 value added 476 8 315.00–350.00 $328.43 $1,563 +7.60
485 fancy 485 1 330.00 $330.00 $1,600 —
500–540 value added 513 4 307.50–315.00 $309.48 $1,588 +16.17
500–545 527 9 275.00–300.00 $289.05 $1,523 +11.04
570–575 value added 571 4 295.00–299.00 $297.00 $1,696 +12.59
560–595 573 7 275.00–290.00 $283.30 $1,623 +14.16
605–610 value added 607 3 285.00–292.50 $287.51 $1,745 +7.54
600–615 609 4 262.50–280.00 $273.79 $1,667 +19.67
650–655 652 3 235.00–245.00 $241.65 $1,576 -0.14
700–725 706 6 232.00–241.00 $236.33 $1,668 +1.53
770–780 773 3 228.00–235.00 $231.00 $1,786 -1.53
850 850 1 220.00 $220.00 $1,870 —
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
300–345 313 12 260.00–280.00 $272.28 $852 +1.13
365 365 1 270.00 $270.00 $986 -2.66
400 400 1 260.00 $260.00 $1,040 +7.54
485 485 2 252.00 $252.00 $1,222 +5.09
550–585 561 5 225.00–250.00 $236.25 $1,325 —
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
310–345 328 4 285.00–300.00 $292.10 $958 —
355–395 377 10 280.00–290.00 $285.44 $1,076 —

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Feeder Heifers

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
300–335 318 14 285.00–305.00 $291.38 $927 +9.41
305–335 value added 325 3 350.00–355.00 $351.56 $1,143 —
325 fancy 325 1 340.00 $340.00 $1,105 +20.00
365 value added 365 2 310.00 $310.00 $1,132 —
350–395 373 16 275.00–305.00 $285.24 $1,064 +8.23
400–445 423 21 255.00–295.00 $273.15 $1,155 +14.95
470 value added 470 3 272.50–280.00 $277.50 $1,304 +26.50
450–490 474 13 250.00–277.50 $262.79 $1,246 +6.48
505–520 509 7 251.00–275.00 $262.27 $1,335 +16.20
525–545 value added 536 7 260.00–282.50 $267.52 $1,434 +4.61
555–580 value added 563 3 257.50–267.50 $260.93 $1,469 +7.71
550–575 566 7 247.00–259.00 $253.02 $1,432 +10.75
600–625 608 5 225.00–231.00 $227.83 $1,385 -8.75
675 675 3 221.00–230.00 $227.00 $1,532 +5.82
700 700 1 222.00 $222.00 $1,554 +10.11
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
300–345 333 15 232.00–245.00 $239.80 $799 -4.97
355 355 4 240.00–250.00 $247.50 $879 +9.06
410 410 3 240.00 $240.00 $984 +11.89
455–490 470 5 220.00–231.00 $227.49 $1,069 +5.49
505–540 520 3 225.00–230.00 $226.65 $1,179 +7.59
555 555 1 220.00 $220.00 $1,221 —
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
300–335 317 9 260.00–278.00 $271.38 $860 —
385–395 389 5 260.00–272.00 $267.13 $1,039 —

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Feeder Bulls

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
475–495 483 6 275.00–280.00 $277.96 $1,343 +8.23
505–545 529 7 255.00–280.00 $260.58 $1,378 +15.27
575–595 585 2 247.00–255.00 $250.93 $1,468 +5.93
660 660 1 230.00 $230.00 $1,518 +8.98

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Slaughter Cows

Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1035 1035 80-85% 3 80.00–87.00 $84.67 $876 —
1050–1405 1192 80-85% 15 95.00–101.00 $97.36 $1,161 -1.69
Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
875–885 880 85-90% 2 62.00–69.00 $65.48 $576 —
980–1055 1018 85-90% 2 75.00–84.00 $79.67 $811 —
1070 1070 85-90% 1 91.00 $91.00 $974 —
Breaker ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1295 1295 75-80% 1 95.00 $95.00 $1,230 —

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Slaughter Bulls

YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1540–2040 1802 6 109.00–118.00 $111.92 $2,017 —
2095 2095 1 126.00 $126.00 $2,640 —

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Bred Cows

Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
1255–1355 1305 Middle Aged (5-8 yrs)2nd Stage (4-6 mo) 2 125.00–132.00 $128.37 $1,675
Medium and Large 1-2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1225 1225 Middle Aged (5-8 yrs)2nd Stage (4-6 mo) 1 1,425.00 $1,425.00

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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
1080–1480 1280 Middle Aged (5-8 yrs)Open 2 1,775.00–2,225.00 $2,035.16 —
1275–1425 1350 Middle Aged (5-8 yrs)Open 2 1,900.00–1,975.00 $1,939.58 —
1355 1355 Middle Aged (5-8 yrs)Open 1 2,175.00 $2,175.00 —

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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.