Cattle Market Pulse

Hope Livestock Auction Market Report

Hope, Arkansas · USDA-reported Auction Livestock

Sale of Thursday, May 23, 2024

367 head sold ·Official USDA report

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

heavy 6-weight M&L 1 steers $261.96/cwt +0.71 vs last sale · ≈ $1,754/hd at 670 lb · 14 head
heavy 5-weight M&L 1 steers $292.95/cwt +7.19 vs last sale · ≈ $1,696/hd at 579 lb · 11 head
light 5-weight M&L 1 heifers $259.02/cwt -4.08 vs last sale · ≈ $1,366/hd at 527 lb · 10 head

Receipts

HeadThis saleLast saleLast year
Total receipts 367 851 843
Feeder cattle 259 681 580
Slaughter cattle 93 120 223
Replacement cattle 15 50 40

Market comments — USDA reporter

Compared to last week: Feeder steers under 400 lbs. 2.00-10.00 lower; over 400 lbs. 2.00-6.00 higher. Feeder heifers 2.00-10.00 lower. Slaughter cows 2.00-3.00 higher. Slaughter bulls no test. Market was up and down in spots. There were limited buyers with a light offering today. Quality was average. Sold two loads on video, 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
310–345 332 3 325.00–355.00 $343.02 $1,139 -1.36
360–375 370 4 330.00–340.00 $335.03 $1,240 -12.98
410–435 429 5 315.00–345.00 $324.95 $1,394 +13.63
450–495 465 5 297.50–330.00 $315.23 $1,466 +2.44
500–545 521 7 275.00–310.00 $295.06 $1,537 +0.51
550–595 579 11 285.00–300.00 $292.95 $1,696 +8.51
605–635 621 5 265.00–291.00 $272.70 $1,693 +6.44
650–690 value added 665 9 265.00–275.00 $267.76 $1,781 —
655–685 678 5 240.00–262.50 $251.51 $1,705 -9.74
720–725 value added 722 3 251.00 $251.00 $1,812 —
725 725 1 242.00 $242.00 $1,754 +17.00
750–775 764 4 225.00–245.00 $233.76 $1,786 +6.26
815 815 1 230.00 $230.00 $1,874 +20.00
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
315–340 328 2 285.00–295.00 $289.81 $951 -2.36
355–385 371 8 265.00–300.00 $281.52 $1,044 +1.31
420–445 432 5 270.00–287.50 $273.61 $1,182 +11.10
495 495 2 270.00 $270.00 $1,336 +18.30
520 520 1 255.00 $255.00 $1,326 +9.94

↑ Back to top

Feeder Heifers

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
375–395 383 3 300.00–305.00 $302.51 $1,159 +1.96
415–440 427 5 280.00–300.00 $293.09 $1,251 -0.01
455–490 474 8 260.00–280.00 $267.84 $1,270 -9.60
515–540 524 6 238.00–257.50 $250.87 $1,315 -12.23
530 value added 530 3 270.00 $270.00 $1,431 —
540 540 1 275.00 $275.00 $1,485 +11.90
550–575 566 6 235.00–245.00 $238.27 $1,349 -21.38
600–635 614 5 225.00–247.50 $239.51 $1,471 -1.19
655–685 675 6 220.00–247.50 $231.12 $1,560 +6.12
750–765 758 2 192.00–205.00 $198.44 $1,504 -13.08
800 800 1 195.00 $195.00 $1,560 -13.78
890 890 1 185.00 $185.00 $1,646 —
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
305–330 322 3 255.00–258.00 $255.95 $824 -3.90
355 355 1 250.00 $250.00 $888 -0.64
420 420 1 235.00 $235.00 $987 -7.57
470–495 480 4 230.00–240.00 $236.30 $1,134 +3.42

↑ Back to top

Feeder Bulls

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
475 475 2 285.00 $285.00 $1,354 -2.25
505–540 521 8 260.00–280.00 $269.78 $1,406 +1.29
670–695 683 2 225.00–230.00 $227.45 $1,553 —

↑ Back to top

Slaughter Cows

Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1040–1055 1048 80-85% 6 108.00–118.00 $112.03 $1,174 —
1035–1490 1204 80-85% 32 120.00–139.00 $129.31 $1,557 —
1100–1430 1230 80-85% 9 140.00–145.00 $143.04 $1,759 +0.66
Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
935–1030 992 85-90% 8 98.00–110.00 $103.44 $1,026 -10.20
Breaker ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1285–1475 1350 75-80% 3 122.00–133.00 $127.32 $1,719 —

↑ Back to top

Slaughter Bulls

YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1585 1585 1 152.00 $152.00 $2,409 +9.93

↑ Back to top

Stock Cows

Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
910–945 928 Young (2-4 yrs)Open 2 147.00–150.00 $148.47 $1,378

↑ Back to top

Bred Cows

Medium and Large 1-2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1075–1310 1178 Middle Aged (5-8 yrs)2nd Stage (4-6 mo) 4 1,400.00–1,775.00 $1,569.27

↑ Back to top

Cow-Calf Pairs

Medium and Large 1-2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $ Δ last sale
1030 1030 Young (2-4 yrs)Open 1 2,000.00 $2,000.00 —
1115 1115 Aged (>8 yrs)Open 1 1,775.00 $1,775.00 -625.00
945–1355 1150 Young (2-4 yrs)Open 2 1,900.00–2,100.00 $1,982.17 -58.89
1500 1500 Middle Aged (5-8 yrs)Open 1 2,300.00 $2,300.00 +375.00

↑ 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.