Cattle Market Pulse

Hope Livestock Auction Market Report

Hope, Arkansas · USDA-reported Auction Livestock

Sale of Thursday, June 27, 2024

594 head sold ·Official USDA report

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

heavy 4-weight M&L 1 heifers $273.68/cwt +13.06 vs last sale · ≈ $1,311/hd at 479 lb · 26 head
heavy 4-weight M&L 1 steers $302.65/cwt +8.23 vs last sale · ≈ $1,448/hd at 478 lb · 26 head
heavy 5-weight M&L 1 heifers $256.16/cwt +7.97 vs last sale · ≈ $1,443/hd at 563 lb · 19 head

Receipts

HeadThis saleLast saleLast year
Total receipts 594 830 515
Feeder cattle 491 549 370
Slaughter cattle 93 191 125
Replacement cattle 10 90 20

Market comments — USDA reporter

Compared to last week: Feeder steers 1.00-7.00 lower except 450lb.-600lb. being 2.00-4.00 higher. Feeder heifers 1.00-5.00 higher. Slaughter cows 2.00-4.00 higher. Slaughter bulls steady to 2.00 lower. Quality was average. There will be no sale next week due to July 4th holiday.

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
300–342 324 11 325.00–365.00 $337.75 $1,094 -7.33
350–390 376 6 312.00–350.00 $336.12 $1,264 -1.13
400–445 423 12 280.00–330.00 $300.98 $1,273 -7.32
445 fancy 445 1 335.00 $335.00 $1,491 —
450–490 468 10 285.00–322.50 $297.30 $1,391 +2.88
485 value added 485 16 306.00 $306.00 $1,484 —
500–542 523 4 280.00–300.00 $286.68 $1,499 -0.12
525 value added 525 1 300.00 $300.00 $1,575 —
550–595 571 6 275.00–297.50 $286.05 $1,633 +8.04
595 value added 595 1 292.50 $292.50 $1,740 —
600–630 612 8 260.00–285.00 $273.33 $1,673 +5.52
665–695 678 3 250.00–273.00 $262.49 $1,780 -11.73
720 720 1 243.00 $243.00 $1,750 -10.69
755 755 1 230.00 $230.00 $1,736 -2.53
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
320–345 328 3 290.00–292.00 $291.30 $955 -0.92
385 385 2 270.00 $270.00 $1,040 -17.08
410–435 420 6 260.00–270.00 $266.09 $1,118 +3.99
450–485 464 4 260.00–267.00 $263.40 $1,222 +5.87
505–530 517 7 250.00–260.00 $255.87 $1,323 +10.87
570 570 1 240.00 $240.00 $1,368 —

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Feeder Heifers

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
320 value added 320 1 317.50 $317.50 $1,016 —
300–345 321 10 285.00–317.50 $302.93 $972 +5.04
350–385 368 10 277.50–310.00 $293.49 $1,080 +1.21
400–445 422 12 265.00–290.00 $276.20 $1,166 +7.76
440 value added 440 2 292.00 $292.00 $1,285 —
450–485 468 9 255.00–285.00 $269.42 $1,261 +8.80
485 value added 485 17 275.00–291.00 $275.94 $1,338 —
505–535 519 4 245.00–265.00 $257.88 $1,338 -4.41
550–580 561 8 237.50–263.00 $249.51 $1,400 +29.51
565 value added 565 11 261.00 $261.00 $1,475 —
600–640 622 6 230.00–257.50 $241.58 $1,503 +4.79
660 660 1 237.50 $237.50 $1,568 +3.34
700–715 705 3 218.00–225.00 $221.86 $1,564 +0.49
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
360–395 378 8 242.00–260.00 $249.34 $943 -5.69
410–440 429 6 240.00–255.00 $244.13 $1,047 +0.35
455–465 460 4 238.00–245.00 $241.54 $1,111 +5.30
525–530 528 2 230.00 $230.00 $1,214 -5.05
565 565 2 225.00 $225.00 $1,271 —

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Feeder Bulls

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
465–480 473 4 277.00 $277.00 $1,310 +2.00
525–545 534 6 255.00–270.00 $262.12 $1,400 +2.14
580–585 583 2 250.00–265.00 $257.47 $1,501 +6.76
655–695 669 6 235.00–238.00 $236.19 $1,580 +8.69
705–715 710 2 220.00–222.00 $220.99 $1,569 —

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Slaughter Cows

Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1065–1070 1066 80-85% 5 117.00–120.00 $119.40 $1,273 +1.55
1100–1355 1223 80-85% 3 144.00–148.00 $145.62 $1,781 —
1015–1550 1248 80-85% 23 130.00–140.00 $136.37 $1,702 —
Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
960 960 85-90% 1 125.00 $125.00 $1,200 +8.50
925–1025 981 85-90% 9 110.00–120.00 $114.29 $1,121 -2.21
Breaker ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1515–1580 1548 75-80% 2 133.00–134.00 $133.49 $2,066 —

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Slaughter Bulls

YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1455 1455 1 120.00 $120.00 $1,746 —
1555–1770 1658 4 145.00–150.00 $146.49 $2,429 -2.00

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Bred Cows

Medium and Large 1-2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1195 1195 Young (2-4 yrs)3rd Stage (7-9 mo) 1 2,050.00 $2,050.00
1255 1255 Middle Aged (5-8 yrs)2nd Stage (4-6 mo) 1 1,800.00 $1,800.00

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Bred Heifers

Medium and Large 1-2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
900 900 Young (2-4 yrs)2nd Stage (4-6 mo) 1 1,850.00 $1,850.00

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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
1455 1455 Middle Aged (5-8 yrs)Open 1 2,550.00 $2,550.00 -450.00

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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.