Cattle Market Pulse

Hope Livestock Auction Market Report

Hope, Arkansas · USDA-reported Auction Livestock

Sale of Thursday, May 30, 2024

553 head sold ·Official USDA report

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

heavy 6-weight M&L 1 steers $261.45/cwt -0.51 vs last sale · ≈ $1,740/hd at 666 lb · 15 head
heavy 5-weight M&L 1 steers $288.62/cwt -4.33 vs last sale · ≈ $1,649/hd at 571 lb · 11 head
light 6-weight M&L 1 steers $278.50/cwt +5.80 vs last sale · ≈ $1,707/hd at 613 lb · 11 head

Receipts

HeadThis saleLast saleLast year
Total receipts 553 367 733
Feeder cattle 386 259 577
Slaughter cattle 157 93 141
Replacement cattle 10 15 15

Market comments — USDA reporter

Compared to last week: Feeder steers under 400 lbs. 10.00-15.00 higher; over 400 lbs. 3.00-8.00 lower. Feeder heifers 3.00-10.00 lower except 500-600lb were 5.00-10.00 higher. Slaughter cows steady to 2.00 lower. Slaughter bulls steady. Quality was average. Market was little softer, but still strong.

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
300–330 310 3 360.00–370.00 $365.16 $1,132 +22.14
360–390 377 6 325.00–385.00 $353.60 $1,333 +18.57
400–440 423 6 285.00–340.00 $315.31 $1,334 -9.64
430 fancy 430 1 365.00 $365.00 $1,570 —
460–495 477 6 285.00–320.00 $303.61 $1,448 -11.62
520–545 532 9 275.00–305.00 $288.93 $1,537 -6.13
560–580 value added 567 3 292.50–307.50 $302.38 $1,714 —
550–595 573 8 270.00–295.00 $283.46 $1,624 -9.49
600–605 value added 602 6 282.50–297.50 $290.64 $1,750 —
610–645 626 5 250.00–277.50 $263.94 $1,652 -8.76
650–665 value added 655 5 272.50–282.50 $277.98 $1,821 +10.22
650–695 671 10 242.50–267.50 $253.18 $1,699 +1.67
700–735 715 4 242.50–270.00 $252.94 $1,809 +10.94
815–840 825 3 211.00–230.00 $218.58 $1,803 -11.42
880–885 883 2 205.00–209.00 $206.99 $1,828 —
910 910 1 209.00 $209.00 $1,902 —
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
325–330 326 4 285.00–305.00 $298.70 $974 +8.89
355–395 386 7 270.00–305.00 $284.32 $1,097 +2.80
410–445 423 4 260.00–272.50 $266.78 $1,128 -6.83
455–495 475 8 250.00–265.00 $258.90 $1,230 -11.10
500–525 515 6 235.00–257.00 $244.01 $1,257 -10.99
550–575 558 3 230.00–250.00 $240.15 $1,340 —
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
435–440 438 4 270.00–285.00 $278.04 $1,218 —
475–495 488 4 265.00–282.50 $272.31 $1,329 —
555 555 1 265.00 $265.00 $1,471 —

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Feeder Heifers

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
380–395 386 6 280.00–315.00 $298.88 $1,154 -3.63
400–445 419 8 265.00–300.00 $282.59 $1,184 -10.50
460–485 474 9 260.00–277.50 $270.61 $1,283 +2.77
505–545 520 8 257.50–275.00 $269.29 $1,400 +18.42
550–585 571 6 235.00–257.50 $248.69 $1,420 +10.42
605–640 617 6 230.00–240.00 $236.69 $1,460 -2.82
600–635 618 2 272.50–300.00 $285.86 $1,767 +46.35
650 650 1 325.00 $325.00 $2,112 +93.88
675 675 1 220.00 $220.00 $1,485 -11.12
700–730 714 6 217.50–230.00 $220.52 $1,575 —
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
355–395 380 6 240.00–260.00 $247.92 $942 -2.08
405–445 427 6 230.00–245.00 $236.37 $1,009 +1.37
515–540 523 3 220.00–235.00 $225.16 $1,178 —
555–575 565 2 215.00–220.00 $217.46 $1,229 —
600–610 607 3 200.00–215.00 $208.38 $1,265 —

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Feeder Bulls

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
455–495 479 8 267.50–287.50 $278.58 $1,334 -6.42
505–545 531 4 252.50–265.00 $256.75 $1,363 -13.03
560–595 576 7 250.00–270.00 $257.17 $1,481 —
600–610 607 3 240.00–255.00 $248.32 $1,507 —
730 730 1 235.00 $235.00 $1,716 —
775 775 1 200.00 $200.00 $1,550 —

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Slaughter Cows

Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1050–1100 1071 80-85% 13 110.00–118.00 $115.33 $1,235 —
1055–1535 1254 80-85% 40 122.00–138.00 $128.87 $1,616 —
1135–1400 1281 80-85% 5 141.00–145.00 $142.13 $1,821 —
Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
950–1055 1001 85-90% 8 103.00–115.00 $110.29 $1,104 —
Breaker ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1275–1440 1361 75-80% 4 121.00–127.00 $123.94 $1,687 -3.38

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Slaughter Bulls

YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1355–1385 1370 2 112.00–120.00 $115.96 $1,589 —
1485–1850 1670 7 135.00–153.00 $142.70 $2,383 —

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Bred Cows

Medium and Large 1-2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
972 972 Middle Aged (5-8 yrs)1st Stage (1-3 mo) 1 1,500.00 $1,500.00
965–1175 1070 Middle Aged (5-8 yrs)2nd Stage (4-6 mo) 2 1,675.00–1,700.00 $1,686.27
1230 1230 Young (2-4 yrs)2nd Stage (4-6 mo) 1 1,725.00 $1,725.00

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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
1105 1105 Middle Aged (5-8 yrs)Open 1 2,125.00 $2,125.00 +350.00

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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.