Cattle Market Pulse

Hope Livestock Auction Market Report

Hope, Arkansas · USDA-reported Auction Livestock

Sale of Thursday, February 15, 2024

786 head sold ·Official USDA report

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

light 5-weight M&L 1 steers $308.76/cwt +13.42 vs last sale · ≈ $1,600/hd at 518 lb · 36 head
light 4-weight M&L 1 heifers $290.33/cwt +17.18 vs last sale · ≈ $1,215/hd at 418 lb · 25 head
light 4-weight M&L 1 steers $325.06/cwt -4.23 vs last sale · ≈ $1,355/hd at 417 lb · 25 head

Receipts

HeadThis saleLast saleLast year
Total receipts 786 825 632
Feeder cattle 644 741 499
Slaughter cattle 82 64 113
Replacement cattle 60 20 20

Market comments — USDA reporter

Compared to last week: Feeder steers under 500 lbs. 5.00-15.00 higher; over 500 lbs. steady to 5.00 higher. Feeder heifers 3.00-10.00 higher. Slaughter cows 2.00-4.00 higher. Slaughter bulls 1.00-2.00 higher. Quality was average to attractive. Buyers were still aggressive on most classes. The replacement cow market was really strong. Sold two video loads 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
300–340 324 14 325.00–355.00 $333.39 $1,080 +10.68
350–395 369 16 315.00–370.00 $339.46 $1,253 +17.19
365–395 fancy 380 2 385.00–390.00 $387.60 $1,473 -22.40
400–446 415 19 297.50–350.00 $316.77 $1,315 +0.80
405–445 value added 423 6 335.00–365.00 $351.30 $1,486 +1.52
450–485 472 15 280.00–330.00 $312.98 $1,477 +10.66
475 value added 475 2 315.00 $315.00 $1,496 -13.43
500–545 value added 515 22 305.00–330.00 $315.38 $1,624 +5.90
510–545 523 13 275.00–312.50 $296.31 $1,550 +7.26
530 fancy 530 1 325.00 $325.00 $1,722 —
550–575 value added 558 3 285.00–302.50 $296.49 $1,654 -0.51
550–595 567 10 270.00–295.00 $281.51 $1,596 -1.79
600–640 value added 617 15 280.00–297.50 $291.94 $1,801 +4.43
620–640 628 10 260.00–285.00 $274.23 $1,722 +0.44
660–685 value added 669 7 275.00–285.00 $278.50 $1,863 —
650–695 671 11 242.50–285.00 $257.29 $1,726 +15.64
700–745 721 8 232.00–249.00 $238.82 $1,722 +2.49
755–795 778 4 230.00–235.00 $233.75 $1,819 +2.75
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
320–340 333 8 260.00–280.00 $273.31 $910 +1.03
375–385 381 5 260.00–270.00 $266.06 $1,014 -3.94
415–445 433 6 260.00–268.00 $262.55 $1,137 +2.55
455–485 464 7 260.00–270.00 $264.39 $1,227 +12.39
510–530 520 4 245.00 $245.00 $1,274 —

↑ Back to top

Feeder Heifers

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
300–340 325 15 285.00–350.00 $305.68 $993 +14.30
360 value added 360 3 320.00 $320.00 $1,152 +10.00
355–390 376 13 280.00–315.00 $291.45 $1,096 +6.21
400–415 value added 404 7 295.00–315.00 $303.59 $1,227 —
400–440 424 18 270.00–315.00 $285.18 $1,209 +12.03
470 value added 470 3 280.00 $280.00 $1,316 +2.50
455–495 475 16 265.00–285.00 $273.40 $1,299 +10.61
500–540 509 10 252.50–285.00 $266.14 $1,355 +3.87
500–535 value added 514 5 272.50–275.00 $273.96 $1,408 +6.44
555 value added 555 4 265.00–275.00 $270.00 $1,498 +9.07
560–580 570 5 245.00–263.00 $252.55 $1,440 -0.47
615 value added 615 2 265.00 $265.00 $1,630 —
600–640 621 8 225.00–255.00 $236.94 $1,471 +9.11
665–690 682 3 235.00–253.00 $240.85 $1,643 +13.85
710 710 1 214.00 $214.00 $1,519 -8.00
755–790 775 12 223.00–231.00 $227.75 $1,765 —
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
325–345 338 3 250.00–254.00 $252.72 $854 +12.92
350–390 380 5 245.00–255.00 $250.03 $950 +2.53
410–440 429 10 238.00–245.00 $241.41 $1,036 +1.41
455–495 478 12 230.00–240.00 $234.70 $1,122 +7.21
510–525 523 7 220.00–227.00 $223.84 $1,171 -2.81

↑ Back to top

Feeder Bulls

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
455–475 465 6 280.00–285.00 $282.04 $1,311 +4.08
525–545 537 5 270.00–280.00 $273.91 $1,471 +13.33
550–585 561 5 255.00–265.00 $262.91 $1,475 +11.98
610–640 628 6 244.00–250.00 $245.63 $1,543 —
650–685 668 2 230.00–255.00 $242.17 $1,618 +12.17
740 740 1 228.00 $228.00 $1,687 —

↑ Back to top

Slaughter Cows

Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1045–1070 1059 80-85% 8 83.00–88.00 $85.64 $907 —
1060–1325 1212 80-85% 15 97.00–107.00 $99.79 $1,209 —
Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
785–875 820 85-90% 6 55.00–70.00 $62.53 $513 —
910–1010 990 85-90% 12 83.00–90.00 $86.00 $851 —

↑ Back to top

Slaughter Bulls

YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1355–1455 1375 5 95.00–100.00 $96.06 $1,321 —
1555–2175 1780 3 110.00–115.00 $113.49 $2,020 —

↑ Back to top

Bred Cows

Medium and Large 1-2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
860–985 920 Young (2-4 yrs)2nd Stage (4-6 mo) 3 1,825.00–2,250.00 $2,101.00
915–1100 1026 Young (2-4 yrs)3rd Stage (7-9 mo) 8 1,925.00–2,150.00 $2,051.45
980–1360 1198 Middle Aged (5-8 yrs)2nd Stage (4-6 mo) 5 1,400.00–2,150.00 $1,774.08
1050–1410 1278 Aged (>8 yrs)2nd Stage (4-6 mo) 5 1,500.00–1,750.00 $1,623.94
1095–1550 1353 Aged (>8 yrs)3rd Stage (7-9 mo) 9 1,600.00–1,825.00 $1,723.32
1180–1525 1355 Middle Aged (5-8 yrs)3rd Stage (7-9 mo) 8 1,675.00–2,125.00 $1,931.11

↑ Back to top

Bred Heifers

Medium and Large 1-2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
885–920 908 Young (2-4 yrs)3rd Stage (7-9 mo) 3 2,000.00–2,200.00 $2,064.95

↑ Back to top

Cow-Calf Pairs

Medium and Large 1-2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $ Δ last sale
1045–1050 1047 Aged (>8 yrs)Open 3 1,750.00–1,875.00 $1,833.20 —
1150 1150 Middle Aged (5-8 yrs)Open 1 2,050.00 $2,050.00 —
1185 1185 Aged (>8 yrs)Open 1 1,950.00 $1,950.00 —
1250 1250 Young (2-4 yrs)Open 1 2,400.00 $2,400.00 +364.84
1190–1375 1300 Middle Aged (5-8 yrs)Open 3 1,925.00–2,050.00 $2,003.04 —
1210–1465 1321 Young (2-4 yrs)Open 4 2,400.00–2,600.00 $2,491.11 —

↑ Back to top

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.