Cattle Market Pulse

Hope Livestock Auction Market Report

Hope, Arkansas · USDA-reported Auction Livestock

Sale of Thursday, July 18, 2024

566 head sold ·Official USDA report

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

heavy 3-weight M&L 1 steers $338.48/cwt +12.45 vs last sale · ≈ $1,245/hd at 368 lb · 14 head
light 4-weight M&L 1 steers $317.92/cwt +15.84 vs last sale · ≈ $1,316/hd at 414 lb · 14 head
heavy 3-weight M&L 1 heifers $298.68/cwt +8.51 vs last sale · ≈ $1,123/hd at 376 lb · 13 head

Receipts

HeadThis saleLast saleLast year
Total receipts 566 763 1,010
Feeder cattle 387 609 615
Slaughter cattle 159 144 320
Replacement cattle 20 10 75

Market comments — USDA reporter

Compared to last week: Feeder steers under 450 lbs. 7.00-10.00 higher; over 450 lbs. unevenly steady. Feeder heifers under 500 lbs. 4.00-8.00 higher; over 500 lbs. 1.00-5.00 lower. Slaughter cows 4.00-7.00 lower. Slaughter bulls 1.00-3.00 higher. Quality was average. The slaughter cow market didn't have as much steam as last week. Lightweight calves were still in high demand.

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
300–345 322 9 325.00–370.00 $339.32 $1,093 +9.37
325 fancy 325 1 380.00 $380.00 $1,235 ±0.00
365 fancy 365 1 370.00 $370.00 $1,350 —
355–395 368 13 320.00–365.00 $336.05 $1,237 +10.02
400–435 414 14 295.00–340.00 $317.92 $1,316 +15.84
470–485 481 6 285.00–290.00 $287.14 $1,381 -7.58
515–540 529 8 275.00–285.00 $279.39 $1,478 -2.99
550–595 577 10 265.00–285.00 $277.41 $1,601 +1.35
600–640 610 10 245.00–270.00 $261.13 $1,593 +1.12
660–695 679 7 240.00–257.00 $248.14 $1,685 -1.78
700–725 713 2 241.00–249.00 $245.07 $1,747 -1.60
800–815 808 2 220.00–234.00 $226.93 $1,834 —
870 870 1 218.00 $218.00 $1,897 —
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
300–325 315 4 290.00–305.00 $299.40 $943 +6.22
355–395 376 6 280.00–302.00 $287.48 $1,081 +3.15
400–440 420 4 265.00–270.00 $267.38 $1,123 -2.62
455–495 468 7 259.00–270.00 $266.68 $1,248 +5.93
500–545 522 5 225.00–250.00 $240.66 $1,256 -9.10
575 575 1 230.00 $230.00 $1,322 -12.47

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Feeder Heifers

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
300–340 311 9 298.00–311.00 $303.04 $942 +1.29
360–390 376 13 290.00–310.00 $298.68 $1,123 +8.51
405–435 422 8 270.00–293.00 $280.14 $1,182 +0.13
450–480 466 12 265.00–282.50 $273.44 $1,274 +4.39
500 500 1 240.00 $240.00 $1,200 -17.44
500–535 516 7 245.00–269.00 $255.35 $1,318 -2.09
555–585 564 4 240.00–260.00 $246.94 $1,393 -1.72
595 595 1 225.00 $225.00 $1,339 -5.00
600–640 620 2 232.00–237.00 $234.42 $1,453 -0.23
705–740 720 3 220.00–223.00 $220.98 $1,591 -1.50
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
320–335 326 4 255.00–260.00 $256.28 $835 -13.72
350–390 374 5 255.00–270.00 $260.61 $975 -7.69
400–440 424 5 240.00–250.00 $243.77 $1,034 -5.66
450–485 468 6 235.00–250.00 $242.22 $1,134 -1.92
500–540 523 5 220.00–228.00 $223.06 $1,167 —

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Feeder Bulls

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
455–495 475 4 270.00 $270.00 $1,282 -7.14
505–530 524 4 255.00–265.00 $261.26 $1,369 -5.39
555–595 579 5 240.00–260.00 $249.93 $1,447 -2.42
610–640 621 6 230.00–238.00 $233.57 $1,450 +1.58
660–695 678 2 230.00–235.00 $232.44 $1,576 -0.23
735 735 1 227.00 $227.00 $1,668 +12.00

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Slaughter Cows

Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1040–1095 1070 80-85% 10 110.00–120.00 $115.73 $1,238 -9.51
1025–1410 1206 80-85% 43 125.00–140.00 $130.38 $1,572 —
1185–1650 1422 80-85% 5 140.00–146.00 $143.00 $2,033 —
Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
910–1070 983 85-90% 15 112.00–125.00 $117.35 $1,154 -13.58
Breaker ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1505–1565 1535 75-80% 2 128.00–131.00 $129.53 $1,988 —

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Slaughter Bulls

YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1355 1355 1 125.00 $125.00 $1,694 —
1510–2320 1691 8 140.00–155.00 $146.67 $2,480 +3.19

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Bred Cows

Medium and Large 1-2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1055 1055 Young (2-4 yrs)1st Stage (1-3 mo) 1 2,000.00 $2,000.00
1150–1285 1227 Middle Aged (5-8 yrs)2nd Stage (4-6 mo) 8 1,700.00–2,125.00 $1,814.68

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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
1255 1255 Aged (>8 yrs)Open 1 2,000.00 $2,000.00 —
1385 1385 Young (2-4 yrs)Open 1 2,650.00 $2,650.00 -150.00
1460 1460 Aged (>8 yrs)Open 1 2,050.00 $2,050.00 —

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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.