Cattle Market Pulse

Hope Livestock Auction Market Report

Hope, Arkansas · USDA-reported Auction Livestock

Sale of Thursday, February 29, 2024

665 head sold ·Official USDA report

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

heavy 4-weight M&L 1 steers $307.31/cwt -5.80 vs last sale · ≈ $1,467/hd at 478 lb · 32 head
heavy 5-weight M&L 1 steers $291.81/cwt +4.27 vs last sale · ≈ $1,708/hd at 585 lb · 31 head
light 4-weight M&L 1 steers $328.81/cwt +5.31 vs last sale · ≈ $1,393/hd at 424 lb · 29 head
HeadThis saleLast saleLast year
Total receipts 665 811 757
Feeder cattle 600 665 614
Slaughter cattle 60 126 128
Replacement cattle 5 20 15

Compared to last week: Feeder steers 3.00-8.00 lower. Feeder heifers 2.00-10.00 lower. Slaughter cows steady to 2.00 higher. Slaughter bulls steady to 3.00 higher. Quality was average. Market was a little softer on most classes of calves. Sold three video loads to view results click this link ( https://www.ams.usda.gov/mnreports/ams_3628.pdf ).

New to these tables? Plain-English explainers ↓

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
310–345 325 6 310.00–365.00 $334.26 $1,086 -2.46
345 value added 345 2 345.00 $345.00 $1,190
360 fancy 360 1 380.00 $380.00 $1,368 +2.53
355–390 value added 370 12 330.00–350.00 $340.36 $1,259 -32.52
380–395 387 3 320.00–360.00 $333.62 $1,291 +1.90
400–445 421 21 297.50–355.00 $325.99 $1,372 +19.88
425–440 value added 431 8 325.00–350.00 $336.21 $1,449 +0.06
450–495 473 23 280.00–320.00 $305.94 $1,447 +0.70
478–490 value added 489 9 310.00–317.50 $310.82 $1,520 -13.21
505 fancy 505 1 320.00 $320.00 $1,616
500–545 520 10 275.00–315.00 $282.31 $1,468 -4.48
510–545 value added 527 14 295.00–315.00 $300.55 $1,584 -26.95
550–585 570 7 270.00–290.00 $278.77 $1,589 -3.13
570–595 value added 590 24 290.00–297.50 $295.61 $1,744 -5.47
600–620 value added 607 9 280.00–297.00 $289.87 $1,760 +7.37
610–640 619 5 260.00–280.00 $267.01 $1,653 -8.65
655–660 658 3 245.00–265.00 $254.97 $1,678 +3.19
655–670 value added 663 4 285.00–287.50 $286.26 $1,898 +11.26
700–725 715 6 237.00–247.50 $244.12 $1,745 +9.81
790 790 1 235.00 $235.00 $1,856 +1.20
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
305–345 326 12 275.00–286.00 $282.30 $920 -2.70
365–395 381 10 255.00–290.00 $276.43 $1,053 -0.35
405–445 425 9 260.00–285.00 $271.22 $1,153 +11.75
455–495 478 9 260.00–270.00 $266.01 $1,272 +6.69
500–545 522 6 235.00–260.00 $248.46 $1,297 +7.47

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
315–345 331 5 275.00–325.00 $295.19 $977 -7.38
355 value added 355 2 325.00 $325.00 $1,154
360–395 373 10 270.00–315.00 $288.56 $1,076 +2.22
400–405 value added 403 4 295.00–300.00 $297.48 $1,199 +8.22
405 fancy 405 1 312.50 $312.50 $1,266
400–440 422 17 265.00–292.50 $272.63 $1,150 -17.39
455–480 value added 467 6 285.00–295.00 $288.32 $1,346 -3.28
455–490 470 11 260.00–290.00 $271.02 $1,274 -6.93
500–545 525 21 250.00–280.00 $265.75 $1,395 -5.64
540–545 value added 541 4 275.00–280.00 $276.26 $1,495
550–590 value added 561 16 265.00–277.50 $270.84 $1,519 -8.27
550–595 575 11 245.00–262.50 $252.44 $1,452 -10.15
605–615 value added 610 2 252.50–255.00 $253.74 $1,548
605–645 626 5 230.00–247.50 $239.32 $1,498 +0.52
655 655 1 235.00 $235.00 $1,539
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
315–340 328 7 250.00–260.00 $254.25 $834 +0.34
370–385 381 4 255.00–257.00 $256.01 $975 +0.94
415–435 429 4 235.00–242.00 $237.77 $1,020 +3.62

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
485–495 490 6 270.00–275.00 $270.82 $1,327 -6.27
515–535 525 5 255.00–260.00 $258.00 $1,354
570 570 1 260.00 $260.00 $1,482
605–630 623 4 238.00–250.00 $244.32 $1,522 +4.32
670–695 683 2 221.00–245.00 $232.78 $1,590 +11.78
770 770 1 229.00 $229.00 $1,763
Medium and Large 1-2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $ Δ last sale
1355–1510 1422 Young (2-4 yrs)N/A 5 1,900.00–3,000.00 $2,285.00

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Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1045–1050 1048 80-85% 2 85.00–87.00 $86.00 $901
1050–1255 1150 80-85% 15 95.00–110.00 $100.80 $1,159
1215–1545 1380 80-85% 2 115.00–119.00 $117.24 $1,618
Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
785 785 85-90% 1 70.00 $70.00 $550
900–1010 960 85-90% 7 85.00–95.00 $90.53 $869
Breaker ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1570 1570 75-80% 1 105.00 $105.00 $1,648

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YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1255–1355 1298 3 98.00–102.00 $99.96 $1,297
1355–1850 1564 7 110.00–125.00 $117.27 $1,834
1785–1925 1855 2 133.00–136.00 $134.44 $2,494

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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.