Cattle Market Pulse

Hope Livestock Auction Market Report

Hope, Arkansas · USDA-reported Auction Livestock

Sale of Thursday, August 1, 2024

526 head sold ·Official USDA report

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

heavy 4-weight M&L 1 steers $291.57/cwt -12.29 vs last sale · ≈ $1,385/hd at 475 lb · 23 head
heavy 5-weight M&L 1 steers $272.67/cwt ≈ $1,546/hd at 567 lb · 23 head
light 4-weight M&L 1 steers $307.09/cwt -10.58 vs last sale · ≈ $1,287/hd at 419 lb · 20 head

Receipts

HeadThis saleLast saleLast year
Total receipts 526 707 554
Feeder cattle 468 592 428
Slaughter cattle 53 105 116
Replacement cattle 5 10 10

Market comments — USDA reporter

Compared to last week: Feeder steers under 500lbs. 8.00-12.00 lower; over 500lbs. 3.00-5.00 higher. Feeder heifers under 600lbs. 2.00-7.00 lower; over 600lbs. 2.00-5.00 higher. Slaughter cows 1.00-4.00 lower. Slaughter bulls 2.00-3.00 lower. Quality was average. Market had a softer tone, especially on the lighter weight cattle. Slaughter cattle were also a little softer.

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
310–325 320 5 340.00–360.00 $349.09 $1,117 -8.66
350–395 373 4 310.00–325.00 $317.95 $1,186 -25.38
400–445 419 20 295.00–325.00 $307.09 $1,287 -10.58
450–495 475 23 280.00–310.00 $291.57 $1,385 -12.29
500–530 516 16 275.00–309.00 $283.64 $1,464 +11.29
550–595 567 23 265.00–285.00 $272.67 $1,546 —
605–645 626 6 250.00–273.00 $262.01 $1,640 +1.98
660–695 678 5 243.00–249.00 $246.00 $1,668 +3.77
700–740 718 6 240.00–244.00 $241.83 $1,736 +2.67
760–765 763 2 238.00–240.00 $239.00 $1,824 —
820–835 828 2 227.00–228.00 $227.50 $1,884 —
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
335 335 1 305.00 $305.00 $1,022 +4.31
360–365 363 2 280.00–300.00 $289.93 $1,052 -2.36
410–435 428 6 270.00–280.00 $272.48 $1,166 +1.02
460–495 485 8 250.00–270.00 $264.28 $1,282 +1.50
525 525 3 240.00–255.00 $245.00 $1,286 -0.99

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Feeder Heifers

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
320–345 334 7 300.00–335.00 $315.71 $1,054 -2.52
350–390 373 9 302.50–320.00 $310.73 $1,159 -6.40
400–445 421 12 275.00–302.50 $284.75 $1,199 -6.00
455–495 472 9 265.00–278.00 $270.80 $1,278 -7.57
500–525 512 12 249.00–265.00 $253.97 $1,300 -7.15
550–595 575 7 240.00–265.00 $248.06 $1,426 -1.97
610–635 616 6 230.00–245.00 $237.44 $1,463 +0.09
650–680 667 7 228.00–234.00 $230.69 $1,539 +5.69
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
300–310 303 3 265.00–275.00 $271.59 $823 +7.34
360 360 1 260.00 $260.00 $936 -4.44
410 410 2 260.00 $260.00 $1,066 +13.92
475 475 1 240.00 $240.00 $1,140 -6.55
510–515 513 4 230.00 $230.00 $1,180 +1.00

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Feeder Bulls

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
455–485 472 6 270.00–275.00 $272.39 $1,286 -0.97
565–590 578 5 255.00–260.00 $258.59 $1,495 +20.59
605 605 2 232.00–238.00 $235.00 $1,422 -2.76

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Slaughter Cows

Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1025–1425 1163 80-85% 5 123.00–130.00 $127.85 $1,487 —
1110–1450 1249 80-85% 10 135.00–141.00 $138.14 $1,725 —
1185–1490 1338 80-85% 2 143.00–153.00 $147.43 $1,973 -3.57
Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
920 920 85-90% 1 95.00 $95.00 $874 —
910–1045 959 85-90% 6 115.00–120.00 $118.19 $1,133 -0.03

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Slaughter Bulls

YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1220 1220 1 128.00 $128.00 $1,562 —
1550–1725 1640 3 143.00–154.00 $148.08 $2,429 —
1850–2230 2062 3 164.00–165.00 $164.66 $3,395 —

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Bred Cows

Medium and Large 1-2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1050 1050 Middle Aged (5-8 yrs)2nd Stage (4-6 mo) 1 1,750.00 $1,750.00

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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
1110–1115 1113 Aged (>8 yrs)Open 2 1,975.00–2,225.00 $2,099.72 —

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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.