Cattle Market Pulse

Hope Livestock Auction Market Report

Hope, Arkansas · USDA-reported Auction Livestock

Sale of Thursday, August 29, 2024

601 head sold ·Official USDA report

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

light 4-weight M&L 1 heifers $263.62/cwt +11.93 vs last sale · ≈ $1,115/hd at 423 lb · 23 head
light 4-weight M&L 1 steers $301.95/cwt +23.62 vs last sale · ≈ $1,246/hd at 413 lb · 19 head
heavy 5-weight M&L 1 heifers $231.95/cwt +2.78 vs last sale · ≈ $1,313/hd at 566 lb · 18 head

Receipts

HeadThis saleLast saleLast year
Total receipts 601 635 1,030
Feeder cattle 550 514 819
Slaughter cattle 46 111 196
Replacement cattle 5 10 15

Market comments — USDA reporter

Compared to last week: Feeder steers under 400 lbs. 3.00-5.00 lower; over 400 lbs. 3.00-8.00 higher. Feeder heifers 2.00-7.00 higher. Slaughter cows 2.00-8.00 lower on a light test. Slaughter bulls 2.00-5.00 lower. Quality was average. Market was stronger on most classes of feeder cattle. Slaughter cattle were cheaper with limited receipts.

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 value added 300 1 380.00 $380.00 $1,140 —
300–345 326 9 290.00–350.00 $319.06 $1,040 -10.49
360–395 374 13 290.00–332.50 $304.45 $1,139 -2.45
400 value added 400 4 325.00 $325.00 $1,300 —
400–445 416 15 275.00–320.00 $295.80 $1,231 +17.47
455–490 469 8 265.00–273.00 $266.62 $1,250 +2.94
500–545 522 10 250.00–259.00 $254.04 $1,326 -3.68
555–590 570 17 241.00–259.00 $248.09 $1,414 +0.90
575 value added 575 1 259.00 $259.00 $1,489 —
600–645 624 16 230.00–256.00 $241.14 $1,505 +6.16
655–675 664 6 225.00–244.00 $237.69 $1,578 +8.89
700–725 714 5 224.00–235.00 $228.60 $1,632 +8.60
755–770 763 2 220.00–235.00 $227.57 $1,736 +12.57
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
405–440 428 7 244.00–253.00 $248.62 $1,064 +2.47
450–490 475 4 235.00–250.00 $241.12 $1,145 +2.35
505–535 522 3 223.00–235.00 $227.67 $1,188 +0.22
560–590 575 2 220.00 $220.00 $1,265 ±0.00
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
370–395 385 3 275.00–277.50 $275.84 $1,062 —
400–445 416 7 260.00–270.00 $266.72 $1,110 —
450–480 467 3 255.00–257.00 $255.69 $1,194 —
515 515 1 243.00 $243.00 $1,251 —

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Feeder Heifers

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
310 value added 310 1 315.00 $315.00 $976 —
300–345 325 9 278.50–312.50 $293.71 $955 +3.54
355–395 373 8 280.00–305.00 $289.31 $1,079 +11.74
390 value added 390 1 300.00 $300.00 $1,170 —
400–445 423 23 247.50–285.00 $263.62 $1,115 +11.93
455–495 470 14 237.00–255.00 $244.23 $1,148 +1.29
500–535 516 9 225.00–240.00 $234.27 $1,209 -0.40
550–555 553 2 255.00–265.00 $259.98 $1,438 +30.81
565 565 1 220.00 $220.00 $1,243 -9.17
550–590 568 15 220.00–235.00 $229.01 $1,301 -0.16
600–645 619 13 215.00–220.00 $217.68 $1,347 +2.01
655–680 665 3 217.00–220.00 $218.65 $1,454 -5.35
705–745 726 4 193.00–211.00 $200.24 $1,454 -9.76
750–775 763 2 190.00–203.00 $196.39 $1,498 —
825 825 1 194.00 $194.00 $1,600 —
855 855 1 190.00 $190.00 $1,624 —
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
300 300 1 250.00 $250.00 $750 +4.52
510–535 521 4 210.00–220.00 $214.99 $1,120 —
585 585 1 210.00 $210.00 $1,228 +10.02

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Feeder Bulls

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
450–465 458 6 252.20–260.00 $255.87 $1,172 +14.78
500–545 522 3 235.00–239.00 $237.37 $1,239 +0.68
590–595 593 2 227.00–232.00 $229.49 $1,361 +6.68
605–630 618 2 220.00–230.00 $224.90 $1,390 +5.62
650 650 1 215.00 $215.00 $1,398 ±0.00
745 745 1 195.00 $195.00 $1,453 —
795 795 1 190.00 $190.00 $1,510 —

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Slaughter Cows

Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1065–1240 1133 80-85% 3 112.00–117.00 $114.76 $1,300 —
1180–1320 1255 80-85% 9 120.00–125.00 $123.25 $1,547 —
Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
950–1015 979 85-90% 10 110.00–117.00 $112.90 $1,105 —

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Slaughter Bulls

YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1250–1295 1275 3 120.00–132.00 $125.65 $1,602 —
1585–2275 1850 4 143.00–147.00 $145.19 $2,686 —

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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
1410 1410 Middle Aged (5-8 yrs)Open 1 2,125.00 $2,125.00 —

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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.