Cattle Market Pulse

Hope Livestock Auction Market Report

Hope, Arkansas · USDA-reported Auction Livestock

Sale of Thursday, April 18, 2024

636 head sold ·Official USDA report

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

heavy 4-weight M&L 1 steers $292.24/cwt +15.99 vs last sale · ≈ $1,379/hd at 472 lb · 19 head
light 4-weight M&L 1 steers $302.68/cwt +2.68 vs last sale · ≈ $1,253/hd at 414 lb · 15 head
light 5-weight M&L 1 steers $282.26/cwt +17.70 vs last sale · ≈ $1,476/hd at 523 lb · 13 head

Receipts

HeadThis saleLast saleLast year
Total receipts 636 176 1,089
Feeder cattle 464 122 723
Slaughter cattle 137 49 210
Replacement cattle 35 5 156

Market comments — USDA reporter

Last weeks limited receipts in certain weight ranges showed some drastic moves in the trend. Lighter weight feeder calves were a few dollars cheaper; with the calves over 400 lbs. being as much as 15.00-20.00 dollars higher. Slaughter cows were steady to 3.00 lower. Slaughter bulls were steady. Quality was average. Buyers were active on most classes.

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
300–335 325 5 315.00–322.50 $319.27 $1,038 —
355–380 362 9 310.00–355.00 $323.34 $1,170 -2.26
405–425 414 15 285.00–320.00 $302.68 $1,253 +2.68
450–495 472 19 282.50–302.50 $292.24 $1,379 +15.99
500–545 523 13 272.50–297.50 $282.26 $1,476 +17.70
550–595 576 10 270.00–290.00 $280.19 $1,614 +17.10
605 605 1 245.00 $245.00 $1,482 -2.51
605–640 623 10 257.50–277.00 $267.64 $1,667 +20.13
650–660 655 3 250.00–267.50 $257.47 $1,686 -0.03
710–740 725 2 227.00–230.00 $228.47 $1,656 -20.59
825–845 835 2 227.00–231.00 $229.02 $1,912 +3.02
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
310–340 317 6 275.00–285.00 $280.79 $890 —
360–395 381 7 265.00–280.00 $272.15 $1,037 —
430–435 432 5 245.00–262.00 $252.84 $1,092 +2.84
455–475 470 4 245.00–260.00 $253.79 $1,193 —
505–525 512 3 240.00–245.00 $243.29 $1,246 -11.71
560 560 1 240.00 $240.00 $1,344 —

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Feeder Heifers

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
310–340 319 8 275.00–297.50 $284.43 $907 -0.57
375–385 378 3 267.50–282.00 $277.08 $1,047 -5.42
400–445 424 10 260.00–272.50 $266.54 $1,130 +15.75
450–495 472 7 255.00–267.50 $261.07 $1,232 +9.43
505–530 520 6 255.00–265.00 $258.71 $1,345 +10.13
570–595 584 4 240.00–250.00 $244.90 $1,430 +7.40
600–640 617 7 227.50–252.50 $236.12 $1,457 +11.24
655 655 1 230.00 $230.00 $1,506 —
710–745 728 2 187.50–214.00 $201.07 $1,464 —
755–770 763 2 211.00–212.50 $211.74 $1,616 +31.74
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
320–340 328 6 240.00–250.00 $246.40 $808 -5.60
355–385 377 6 240.00–255.00 $246.59 $930 —
400–440 412 6 230.00–242.00 $238.15 $981 +6.53

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Feeder Bulls

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
460–495 477 9 258.00–270.00 $266.27 $1,270 +6.27
505–545 535 4 250.00–255.00 $251.75 $1,347 -0.25
600 600 1 240.00 $240.00 $1,440 —
650–655 653 2 220.00–235.00 $227.53 $1,486 —
Medium and Large 1-2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $ Δ last sale
1660 1660 Young (2-4 yrs)N/A 1 2,900.00 $2,900.00 —

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Slaughter Cows

Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1020–1075 1045 80-85% 11 105.00–112.00 $109.45 $1,144 —
1015–1365 1175 80-85% 27 115.00–125.00 $119.57 $1,405 —
1210 1210 80-85% 1 130.00 $130.00 $1,573 —
Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
935–1010 965 85-90% 9 95.00–112.00 $106.51 $1,028 +3.57
Breaker ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1335–1595 1478 75-80% 5 110.00–115.00 $111.40 $1,646 —

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Slaughter Bulls

YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1255–1285 1270 2 115.00–120.00 $117.53 $1,493 —
1525–1800 1664 6 123.00–142.00 $133.28 $2,218 +0.54

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Stock Cows

Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
825–910 850 Young (2-4 yrs)Open 12 120.00–130.00 $124.98 $1,062

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Bred Cows

Medium and Large 1-2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1000 1000 Middle Aged (5-8 yrs)3rd Stage (7-9 mo) 1 1,750.00 $1,750.00
1100–1385 1171 Middle Aged (5-8 yrs)2nd Stage (4-6 mo) 4 1,500.00–1,700.00 $1,638.26

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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
1150 1150 Young (2-4 yrs)Open 1 2,000.00 $2,000.00 —
1160–1285 1240 Middle Aged (5-8 yrs)Open 6 2,100.00–2,300.00 $2,171.20 —

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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.