Cattle Market Pulse

Hope Livestock Auction Market Report

Hope, Arkansas · USDA-reported Auction Livestock

Sale of Thursday, June 20, 2024

830 head sold ·Official USDA report

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

heavy 3-weight M&L 1 steers $340.10/cwt +6.89 vs last sale · ≈ $1,232/hd at 362 lb · 15 head
light 5-weight M&L 1 steers $286.80/cwt -5.80 vs last sale · ≈ $1,517/hd at 529 lb · 12 head
light 4-weight M&L 1 steers $308.30/cwt -7.92 vs last sale · ≈ $1,279/hd at 415 lb · 11 head

Receipts

HeadThis saleLast saleLast year
Total receipts 830 541 1,054
Feeder cattle 549 425 812
Slaughter cattle 191 106 207
Replacement cattle 90 10 35

Market comments — USDA reporter

Compared to last week: Feeder steers under 400 lbs. 4.00-10.00 higher; over 400 lbs. 4.00-7.00 lower. Feeder heifers 4.00-6.00 higher except 400-500 lb. were 5.00-7.00 lower. Slaughter cows steady to 2.00 higher. Slaughter bulls 3.00-5.00 higher. Quality was average. Sold some nice take home cows during the stock cow special. Buyers were aggressive on the front end replacement cattle. Fleshy new crop calves are getting discounted.

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
315–320 318 6 330.00–375.00 $345.08 $1,097 +10.86
310–335 fancy 326 4 380.00–385.00 $383.75 $1,251 —
350 fancy 350 1 380.00 $380.00 $1,330 —
350–390 363 14 320.00–370.00 $337.25 $1,224 +4.04
400–445 415 11 290.00–325.00 $308.30 $1,279 -7.92
450–490 469 11 275.00–317.50 $294.42 $1,381 +3.33
505–545 529 12 270.00–305.00 $286.80 $1,517 -5.80
560–595 579 10 265.00–295.00 $278.01 $1,610 +23.01
610–630 621 8 252.50–287.50 $267.81 $1,663 +4.15
650–690 670 3 267.50–280.00 $274.22 $1,837 -0.78
715–740 729 4 245.00–260.00 $253.69 $1,849 -11.31
760–780 770 2 230.00–235.00 $232.53 $1,790 -0.77
840 840 1 230.00 $230.00 $1,932 —
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
305–345 322 3 285.00–305.00 $292.22 $941 +5.66
350–395 373 5 275.00–300.00 $287.08 $1,071 +9.68
405–445 428 6 255.00–270.00 $262.10 $1,122 -5.36
460–495 470 4 250.00–260.00 $257.53 $1,210 -1.45
505 505 2 245.00 $245.00 $1,237 -10.00

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Feeder Heifers

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
325–345 335 7 290.00–307.50 $297.89 $998 +10.09
350–380 365 6 280.00–312.50 $292.28 $1,067 +3.29
410–440 425 2 260.00–277.50 $268.44 $1,141 -8.05
450–495 466 6 250.00–268.00 $260.62 $1,214 -8.83
500–540 518 8 252.50–280.00 $262.29 $1,359 +12.31
550–570 560 2 220.00 $220.00 $1,232 -29.76
560–585 575 8 245.00–267.50 $255.24 $1,468 +5.48
600–635 613 6 228.00–245.00 $236.79 $1,452 +6.14
655–685 669 6 222.50–257.50 $234.16 $1,567 +4.15
710–725 716 4 215.00–227.50 $221.37 $1,585 —
775 775 1 200.00 $200.00 $1,550 —
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
310–345 326 6 250.00–262.00 $257.47 $839 —
370–375 373 2 250.00–260.00 $255.03 $951 +10.21
420–445 429 4 240.00–245.00 $243.78 $1,046 +3.94
465–485 478 4 230.00–245.00 $236.24 $1,129 +1.69
505–515 510 4 230.00–240.00 $235.05 $1,199 +8.17

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Feeder Bulls

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
470–475 473 4 270.00–280.00 $275.00 $1,301 +5.00
505–545 524 4 252.00–265.00 $259.98 $1,362 -0.02
570–595 583 3 245.00–257.00 $250.71 $1,462 -6.03
640 640 3 245.00–255.00 $249.00 $1,594 -1.00
650 650 1 227.50 $227.50 $1,479 -7.42
765–770 768 3 222.00–230.00 $225.67 $1,733 +3.17

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Slaughter Cows

Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1035–1065 1052 80-85% 7 115.00–120.00 $117.85 $1,240 —
1085–1535 1259 80-85% 22 128.00–140.00 $132.24 $1,665 —
1285–1595 1412 80-85% 3 141.00–143.00 $141.64 $2,000 —
Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
925–985 955 85-90% 6 115.00–118.00 $116.50 $1,113 +6.24
Breaker ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1430–1785 1597 75-80% 3 131.00–134.00 $132.88 $2,122 —

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Slaughter Bulls

YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1555–2020 1681 13 143.00–155.00 $148.49 $2,496 —

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Stock Cows

Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
825–900 850 Young (2-4 yrs)Open 3 162.00–175.00 $166.59 $1,416

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Bred Cows

Medium and Large 1-2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1020 1020 Aged (>8 yrs)2nd Stage (4-6 mo) 1 1,475.00 $1,475.00
1065–1125 1095 Young (2-4 yrs)2nd Stage (4-6 mo) 2 2,300.00–2,575.00 $2,441.27
975–1375 1170 Middle Aged (5-8 yrs)2nd Stage (4-6 mo) 15 1,750.00–2,300.00 $1,990.05

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Bred Heifers

Medium and Large 1-2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1085 1085 Young (2-4 yrs)2nd Stage (4-6 mo) 1 1,900.00 $1,900.00

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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
985–1015 998 Young (2-4 yrs)Open 3 2,300.00–2,475.00 $2,415.69 —
1135–1195 1165 Middle Aged (5-8 yrs)Open 2 2,125.00–2,525.00 $2,319.85 —
1210–1415 1244 Aged (>8 yrs)Open 6 2,025.00–2,175.00 $2,089.90 —
1075–1445 1260 Young (2-4 yrs)Open 2 2,600.00–2,825.00 $2,729.02 —
1285 1285 Aged (>8 yrs)Open 1 2,000.00 $2,000.00 —
1100–1575 1346 Middle Aged (5-8 yrs)Open 20 2,300.00–2,875.00 $2,548.43 —
1480 1480 Middle Aged (5-8 yrs)1st Stage (1-3 mo) 1 3,000.00 $3,000.00 —
1310–2850 1666 Middle Aged (5-8 yrs)Open 18 2,550.00–3,075.00 $2,846.75 —

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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.