Cattle Market Pulse

Hope Livestock Auction Market Report

Hope, Arkansas · USDA-reported Auction Livestock

Sale of Thursday, May 9, 2024

373 head sold ·Official USDA report

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

light 4-weight M&L 1 steers $323.20/cwt +16.84 vs last sale · ≈ $1,365/hd at 422 lb · 26 head
heavy 4-weight M&L 1 heifers $276.05/cwt +10.75 vs last sale · ≈ $1,298/hd at 470 lb · 15 head
light 4-weight M&L 1 heifers $297.42/cwt +24.70 vs last sale · ≈ $1,264/hd at 425 lb · 11 head

Receipts

HeadThis saleLast saleLast year
Total receipts 373 360 729
Feeder cattle 314 288 583
Slaughter cattle 49 67 136
Replacement cattle 10 5 10

Market comments — USDA reporter

Compared to last week: Feeder steers 5.00-15.00 higher with lighter weights as much as 20.00-25.00 higher. Feeder heifers 5.00-15.00 higher. Slaughter cows 2.00-5.00 higher. Slaughter bulls steady to 1.00 lower. The market on calves was a ball of fire. Buyers were very aggressive on the lighter weights. Recent drops in the futures trade and lighter receipts didn't dampen the market at all today. Quality was average.

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
315–345 330 6 315.00–375.00 $351.98 $1,162 +39.03
355–385 370 5 310.00–365.00 $333.84 $1,235 +24.36
405–445 421 19 300.00–350.00 $321.47 $1,353 +21.14
405–445 value added 426 7 325.00–337.50 $327.89 $1,397 —
455–495 473 8 285.00–325.00 $304.23 $1,439 +9.84
495 value added 495 1 332.50 $332.50 $1,646 —
510 value added 510 1 312.00 $312.00 $1,591 -0.50
500–545 519 9 277.50–315.00 $290.85 $1,510 +4.55
550–595 value added 565 4 292.50–312.50 $301.66 $1,704 -9.37
555–595 573 3 280.00–310.00 $292.99 $1,679 +2.26
630–645 638 2 260.00–287.50 $273.59 $1,746 +2.98
700–705 703 2 250.00–255.00 $252.51 $1,775 +22.51
765–795 780 2 220.00–242.50 $231.03 $1,802 —
805 805 1 235.00 $235.00 $1,892 —
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
310 310 1 285.00 $285.00 $884 +1.54
365–395 377 3 282.50–285.00 $284.13 $1,071 -0.87
410–415 413 2 267.50–270.00 $268.76 $1,110 +7.16
470–495 482 3 240.00–265.00 $255.16 $1,230 +0.16
515–540 528 2 240.00–260.00 $250.24 $1,321 +9.38
560 560 1 245.00 $245.00 $1,372 ±0.00

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Feeder Heifers

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
330–345 335 4 290.00–315.00 $301.18 $1,009 +6.14
355–395 377 7 275.00–317.50 $300.43 $1,133 +10.55
400–445 425 11 280.00–317.50 $297.42 $1,264 +24.70
450–490 469 14 260.00–295.00 $274.34 $1,287 +9.04
485 fancy 485 1 300.00 $300.00 $1,455 —
500–545 523 8 250.00–280.00 $263.93 $1,380 +13.28
540 value added 540 1 265.00 $265.00 $1,431 —
575–595 584 6 240.00–262.50 $250.36 $1,462 +5.43
600–640 626 7 230.00–247.50 $238.91 $1,496 +6.25
670 670 1 265.00 $265.00 $1,776 +38.87
655–695 672 3 225.00–234.00 $228.78 $1,537 +2.65
700–715 708 2 207.50–230.00 $218.63 $1,548 +8.63
755 755 1 200.00 $200.00 $1,510 -6.04
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
330 330 1 275.00 $275.00 $908 —
365–380 373 2 255.00 $255.00 $951 —
440 440 1 245.00 $245.00 $1,078 +3.00
485 485 1 240.00 $240.00 $1,164 —
500 500 1 228.00 $228.00 $1,140 +10.50

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Feeder Bulls

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
455 455 2 275.00 $275.00 $1,251 ±0.00
500–545 528 3 260.00–290.00 $271.80 $1,435 +9.28
565–585 575 3 265.00–270.00 $268.36 $1,543 +19.53
615–645 629 4 241.00–265.00 $254.03 $1,598 +19.03
660–685 668 3 245.00–257.50 $253.06 $1,690 —

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Slaughter Cows

Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1020–1040 1030 80-85% 2 103.00–105.00 $103.99 $1,071 —
1055–1410 1179 80-85% 12 115.00–126.00 $119.30 $1,407 -10.54
1355 1355 80-85% 1 136.00 $136.00 $1,843 —
Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
830–845 838 85-90% 2 75.00–80.00 $77.48 $649 —
900–985 947 85-90% 6 98.00–108.00 $102.91 $975 +5.56
Breaker ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1605 1605 75-80% 1 120.00 $120.00 $1,926 —

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Slaughter Bulls

YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1265–1285 1275 2 115.00–117.00 $115.99 $1,479 —
1385–1510 1448 2 130.00–133.00 $131.44 $1,903 —

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Bred Cows

Medium and Large 1-2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
970 970 Young (2-4 yrs)1st Stage (1-3 mo) 1 1,600.00 $1,600.00
1135 1135 Middle Aged (5-8 yrs)2nd Stage (4-6 mo) 1 2,150.00 $2,150.00

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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
1280 1280 Middle Aged (5-8 yrs)Open 1 2,050.00 $2,050.00 —

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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.