Cattle Market Pulse

Hope Livestock Auction Market Report

Hope, Arkansas · USDA-reported Auction Livestock

Sale of Thursday, July 11, 2024

763 head sold ·Official USDA report

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

light 6-weight M&L 1 heifers $234.65/cwt -6.93 vs last sale · ≈ $1,455/hd at 620 lb · 20 head
heavy 4-weight M&L 1 heifers $272.19/cwt -1.49 vs last sale · ≈ $1,283/hd at 472 lb · 16 head
light 4-weight M&L 1 steers $302.08/cwt -1.52 vs last sale · ≈ $1,248/hd at 413 lb · 16 head
HeadThis saleLast saleLast year
Total receipts 763 594 881
Feeder cattle 609 491 712
Slaughter cattle 144 93 154
Replacement cattle 10 10 15

No trend due to no sale last week. Quality was average to plain. Slaughter cattle are still in high demand . All classes of feeder cattle had a strong market. Next Thursday will be the third Thursday stock cow special. Sold a load on video, to view results click this link ( https://www.ams.usda.gov/mnreports/ams_3628.pdf ).

New to these tables? Plain-English explainers ↓

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
305 fancy 305 1 380.00 $380.00 $1,159
315–345 330 5 325.00–340.00 $329.95 $1,089 -7.80
350–375 363 6 310.00–340.00 $326.03 $1,183 -10.09
400–440 413 16 285.00–315.00 $302.08 $1,248 +1.10
450–495 471 15 282.50–307.50 $294.72 $1,388 -2.58
520 value added 520 1 292.50 $292.50 $1,521 -7.50
500–540 524 15 275.00–290.00 $282.38 $1,480 -4.30
550–595 571 11 265.00–287.50 $276.06 $1,576 -9.99
585 value added 585 1 307.50 $307.50 $1,799 +15.00
600–645 621 13 250.00–275.00 $260.01 $1,615 -13.32
650–690 669 7 240.00–269.00 $249.92 $1,672 -12.57
700–720 715 7 237.00–257.00 $246.67 $1,764 +3.67
765 765 1 237.00 $237.00 $1,813 +7.00
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
315–345 333 8 275.00–300.00 $293.18 $976 +1.88
365–385 376 8 275.00–300.00 $284.33 $1,069 +14.33
435–440 438 2 270.00 $270.00 $1,183 +3.91
450–485 468 8 255.00–270.00 $260.75 $1,220 -2.65
500–540 513 9 237.00–255.00 $249.76 $1,281 -6.11
565–570 568 2 235.00–250.00 $242.47 $1,377 +2.47

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
305–340 321 11 290.00–315.00 $301.75 $969 -1.18
355–395 374 8 280.00–305.00 $290.17 $1,085 -3.32
405 value added 405 2 290.00 $290.00 $1,174 -2.00
400–445 417 11 270.00–300.00 $280.01 $1,168 +3.81
450–455 value added 452 3 282.50–287.50 $285.82 $1,292 +9.88
450–490 476 13 260.00–282.50 $269.05 $1,281 -0.37
515 fancy 515 1 270.00 $270.00 $1,390
500–535 521 12 245.00–267.00 $257.44 $1,341 -0.44
535 535 2 235.00 $235.00 $1,257 -22.88
555–595 575 12 240.00–257.00 $248.66 $1,430 -0.85
590 590 1 230.00 $230.00 $1,357 -19.51
605–645 620 20 228.00–247.00 $234.65 $1,455 -6.93
655–680 668 5 225.00–230.00 $228.22 $1,525 -9.28
705–730 718 4 220.00–227.00 $222.48 $1,597 +0.62
750–760 755 3 212.00–220.00 $216.68 $1,636
820 820 1 210.00 $210.00 $1,722
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
315 315 2 270.00 $270.00 $850
375–395 388 3 267.50–270.00 $268.30 $1,041 +18.96
405–445 437 5 242.50–270.00 $249.43 $1,090 +5.30
450–475 466 5 230.00–250.00 $244.14 $1,138 +2.60
555–575 565 2 225.00–235.00 $230.09 $1,300 +5.09

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Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
450–495 475 7 277.00–278.00 $277.14 $1,316 +0.14
525–545 532 6 265.00–270.00 $266.65 $1,419 +4.53
550–595 578 11 240.00–260.00 $252.35 $1,459 -5.12
600–615 607 3 230.00–235.00 $231.99 $1,408
655–660 657 3 225.00–240.00 $232.67 $1,529 -3.52
725 725 1 215.00 $215.00 $1,559 -5.99

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Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1025–1110 1069 80-85% 7 120.00–129.00 $125.24 $1,339 +5.84
1025–1375 1184 80-85% 29 133.00–145.00 $138.03 $1,634
1040–1350 1195 80-85% 2 144.00–145.00 $144.56 $1,727
Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
920–1010 972 85-90% 10 114.00–128.00 $121.85 $1,184 +7.56
915–1055 985 85-90% 2 130.00–132.00 $130.93 $1,290 +16.64
Breaker ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1395–1420 1408 75-80% 2 135.00–138.00 $136.51 $1,922
1560 1560 75-80% 1 145.00 $145.00 $2,262

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YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1485–1525 1498 3 125.00–128.00 $126.02 $1,888
1565–1810 1680 10 135.00–150.00 $143.48 $2,410 -3.01
1755 1755 1 162.00 $162.00 $2,843

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Medium and Large 1-2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $ Δ last sale
1385 1385 Young (2-4 yrs)Open 1 2,800.00 $2,800.00

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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.