Cattle Market Pulse

Hope Livestock Auction Market Report

Hope, Arkansas · USDA-reported Auction Livestock

Sale of Thursday, August 22, 2024

635 head sold ·Official USDA report

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

light 4-weight M&L 1 heifers $251.69/cwt -13.20 vs last sale · ≈ $1,072/hd at 426 lb · 17 head
light 4-weight M&L 2 steers $246.15/cwt -8.58 vs last sale · ≈ $1,041/hd at 423 lb · 16 head
light 5-weight M&L 1 heifers $234.67/cwt -6.94 vs last sale · ≈ $1,225/hd at 522 lb · 15 head

Receipts

HeadThis saleLast saleLast year
Total receipts 635 524 464
Feeder cattle 514 466 381
Slaughter cattle 111 53 73
Replacement cattle 10 5 10

Market comments — USDA reporter

No trend due to no report last week. Quality was average. Market was soft on feeder cattle but still strong on slaughter cattle.

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
300–345 326 12 312.50–355.00 $329.55 $1,074 +4.06
350–390 370 6 287.50–335.00 $306.90 $1,136 +8.74
405–445 420 14 265.00–305.00 $278.33 $1,169 +0.68
450–495 466 8 255.00–272.50 $263.68 $1,229 -12.46
500–545 524 14 248.00–270.00 $257.72 $1,350 -0.36
550–590 573 11 240.00–263.00 $247.19 $1,416 -4.41
600–635 610 12 230.00–245.00 $234.98 $1,433 -7.31
650–685 668 6 225.00–235.00 $228.80 $1,528 -10.09
725 725 1 220.00 $220.00 $1,595 —
750 750 1 215.00 $215.00 $1,612 -13.51
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
325–330 326 5 255.00–265.00 $262.98 $857 -9.05
360–390 376 5 250.00–265.00 $255.74 $962 -10.38
405–440 423 16 240.00–255.00 $246.15 $1,041 -8.58
450–495 474 8 235.00–245.00 $238.77 $1,132 -6.96
514–535 525 2 225.00–230.00 $227.45 $1,194 -6.58
550 550 1 220.00 $220.00 $1,210 —

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Feeder Heifers

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
300–335 321 8 265.00–297.50 $290.17 $931 +10.20
325 fancy 325 1 310.00 $310.00 $1,008 —
375–390 383 6 275.00–280.00 $277.57 $1,063 +5.31
400–440 426 17 245.00–270.00 $251.69 $1,072 -13.20
450–495 471 7 240.00–247.00 $242.94 $1,144 -8.52
510–540 522 15 225.00–242.00 $234.67 $1,225 -6.94
550–585 565 10 220.00–234.00 $229.17 $1,295 -4.48
610–645 625 7 205.00–221.00 $215.67 $1,348 -11.07
625 fancy 625 1 228.00 $228.00 $1,425 —
665 665 1 224.00 $224.00 $1,490 -0.01
705 705 1 210.00 $210.00 $1,480 +10.00
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
320–335 329 5 240.00–252.00 $245.48 $808 —
365 365 2 242.00 $242.00 $883 +7.07
425 425 2 225.00 $225.00 $956 -10.70
470–485 480 3 221.00–223.00 $221.65 $1,064 -6.19
560–570 564 5 190.00–205.00 $199.98 $1,128 —

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Feeder Bulls

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
470–480 476 7 235.00–245.00 $241.09 $1,148 -27.58
500–510 503 3 235.00–240.00 $236.69 $1,191 -1.60
560–595 578 4 220.00–228.00 $222.81 $1,288 -17.06
600–620 608 4 215.00–222.00 $219.28 $1,333 —
670 670 1 215.00 $215.00 $1,440 -5.00

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Slaughter Cows

Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1055–1110 1073 80-85% 6 115.00–120.00 $117.82 $1,264 —
1055–1375 1215 80-85% 20 126.00–140.00 $132.69 $1,612 —
1120–1330 1218 80-85% 3 142.00–145.00 $143.25 $1,745 —
Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
900–1010 941 85-90% 10 112.00–118.00 $115.13 $1,083 —
950–1100 1010 85-90% 4 120.00–123.00 $121.68 $1,229 —

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Slaughter Bulls

YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1500–1985 1677 11 143.00–158.00 $150.64 $2,526 —

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Bred Cows

Medium and Large 1-2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1165–1360 1263 Middle Aged (5-8 yrs)2nd Stage (4-6 mo) 2 1,700.00–1,800.00 $1,746.14

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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
1200–1495 1348 Aged (>8 yrs)Open 2 2,075.00–2,100.00 $2,088.87 —
1510 1510 Middle Aged (5-8 yrs)Open 1 2,250.00 $2,250.00 —

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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.