Cattle Market Pulse

Hope Livestock Auction Market Report

Hope, Arkansas · USDA-reported Auction Livestock

Sale of Thursday, June 13, 2024

541 head sold ·Official USDA report

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

light 4-weight M&L 1 steers $316.22/cwt -1.71 vs last sale · ≈ $1,319/hd at 417 lb · 15 head
light 5-weight M&L 1 heifers $249.98/cwt -9.35 vs last sale · ≈ $1,302/hd at 521 lb · 10 head

Receipts

HeadThis saleLast saleLast year
Total receipts 541 471 1,406
Feeder cattle 425 390 886
Slaughter cattle 106 81 360
Replacement cattle 10 — 160

Market comments — USDA reporter

Compared to last week: Feeder steers under 500 lbs. 2.00-12.00 lower; over 500 lbs. 2.00-8.00 higher. Feeder heifers 3.00-12.00 lower. Slaughter cows 3.00-6.00 higher. Slaughter bulls 2.00-4.00 higher. Quality was average to plain. Sold two loads on video, to view results click this link (https://www.ams.usda.gov/mnreports/ams_3628.pdf). Next Thursday will be the third Thursday stock cow special. Over 200 stock cows already consigned.

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
310–345 329 5 325.00–342.50 $334.22 $1,100 -27.74
365–395 379 4 320.00–355.00 $333.21 $1,263 -15.45
400–445 417 15 300.00–342.50 $316.22 $1,319 -1.71
450–495 478 8 282.50–332.50 $291.09 $1,391 -10.68
505–545 524 9 275.00–310.00 $292.60 $1,533 +1.53
560–580 567 6 285.00–307.50 $293.06 $1,662 +7.81
570–580 value added 575 2 297.50–310.00 $303.80 $1,747 —
580 580 1 255.00 $255.00 $1,479 -30.25
600–630 615 4 260.00–275.00 $263.66 $1,622 -12.90
665 value added 665 1 277.50 $277.50 $1,845 +2.50
685 685 3 275.00 $275.00 $1,884 +17.06
720 720 1 265.00 $265.00 $1,908 +11.31
755–775 763 3 230.00–237.50 $233.30 $1,780 -10.04
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
300–345 323 5 275.00–295.00 $286.56 $926 -3.44
385–395 390 4 270.00–285.00 $277.40 $1,082 -10.99
411–425 418 2 265.00–270.00 $267.46 $1,118 —
470–495 483 3 255.00–262.00 $258.98 $1,251 -9.02
500 500 1 255.00 $255.00 $1,275 +6.56

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Feeder Heifers

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
305–345 322 6 275.00–300.00 $287.80 $927 -29.70
350–380 365 5 270.00–302.50 $288.99 $1,055 -12.37
410–445 427 5 268.00–285.00 $276.49 $1,181 -13.76
425–430 fancy 428 2 300.00–305.00 $302.49 $1,295 —
450–490 469 5 265.00–277.50 $269.45 $1,264 -11.96
500–545 521 10 245.00–260.00 $249.98 $1,302 -12.11
550–595 571 7 240.00–262.50 $249.76 $1,426 +3.07
600–645 619 6 225.00–235.00 $230.65 $1,428 -10.11
625 value added 625 3 235.00 $235.00 $1,469 —
670–690 681 4 225.00–235.00 $230.01 $1,566 -2.37
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
365–385 380 5 240.00–252.00 $244.82 $930 -10.25
420–430 425 3 237.00–245.00 $239.84 $1,019 -9.61
475–485 480 5 225.00–240.00 $234.55 $1,126 -6.00
505–545 523 4 220.00–230.00 $226.88 $1,187 +0.24
560 560 1 220.00 $220.00 $1,232 —

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Feeder Bulls

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
475 475 2 270.00 $270.00 $1,282 -15.00
515 515 2 260.00 $260.00 $1,339 -11.11
550–580 569 4 252.00–260.00 $256.74 $1,461 +0.61
625 625 1 250.00 $250.00 $1,562 +21.81
650–670 660 2 230.00–240.00 $234.92 $1,550 -4.14
780 780 1 222.50 $222.50 $1,736 —

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Slaughter Cows

Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1025–1065 1048 80-85% 4 108.00–118.00 $115.01 $1,205 —
1050–1385 1213 80-85% 18 125.00–140.00 $132.47 $1,607 —
1175–1575 1381 80-85% 12 141.00–151.00 $145.32 $2,007 —
Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
685–800 743 85-90% 4 75.00–88.00 $80.69 $600 —
910–1010 956 85-90% 8 104.00–117.00 $110.26 $1,054 +0.47
Breaker ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1710 1710 75-80% 1 141.00 $141.00 $2,411 —

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Slaughter Bulls

YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1280–1500 1355 3 115.00–120.00 $117.68 $1,595 —
1480–1790 1632 10 128.00–150.00 $139.70 $2,280 —
1740–1885 1813 2 151.00–153.00 $151.96 $2,755 —

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Stock Cows

Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
820 820 Young (2-4 yrs)Open 1 145.00 $145.00 $1,189

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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)2nd Stage (4-6 mo) 1 1,875.00 $1,875.00

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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
1050 1050 Young (2-4 yrs)Open 1 2,000.00 $2,000.00 —

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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.