Cattle Market Pulse

Hope Livestock Auction Market Report

Hope, Arkansas · USDA-reported Auction Livestock

Sale of Thursday, March 3, 2022

1,102 head sold ·Official USDA report

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

light 4-weight M&L 1 steers $194.05/cwt +1.23 vs last sale · ≈ $824/hd at 425 lb · 29 head
heavy 4-weight M&L 1 heifers $163.88/cwt -1.13 vs last sale · ≈ $766/hd at 468 lb · 24 head
heavy 5-weight M&L 1 steers $173.39/cwt -5.18 vs last sale · ≈ $985/hd at 568 lb · 17 head

Receipts

HeadThis saleLast saleLast year
Total receipts 1,102 977 499
Feeder cattle 946 774 429
Slaughter cattle 141 163 60
Replacement cattle 15 40 10

Market comments — USDA reporter

Compared to two weeks ago: Feeder steers under 400 lbs. 5.00-10.00 higher; over 400 lbs. 3.00-8.00 lower. Feeder heifers 3.00-7.00 lower. Slaughter cows steady to 3.00 higher. Slaughter bulls steady to 2.00 higher. Quality was plain to average. Light weight calves were 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
300–315 309 6 198.00–230.00 $209.73 $648 +5.35
330–345 value added 338 4 225.00–228.00 $226.53 $766 —
365–395 383 4 190.00–220.00 $205.10 $786 +10.96
395 value added 395 2 215.00 $215.00 $849 —
400–445 422 20 180.00–210.00 $192.41 $812 -0.41
415–435 value added 431 9 192.00–203.00 $197.68 $852 —
450 value added 450 2 197.00 $197.00 $886 -5.89
455–495 479 12 175.00–188.00 $181.43 $869 -5.49
500–535 512 7 170.00–181.00 $174.55 $894 -3.49
505–525 value added 515 6 182.00–188.00 $184.33 $949 -6.77
550–580 561 8 160.00–177.00 $169.82 $953 -3.93
570–575 value added 574 9 175.00–177.00 $176.56 $1,013 -8.44
615 value added 615 2 167.00 $167.00 $1,027 -6.00
600–640 620 6 150.00–163.00 $157.54 $977 +0.40
660 value added 660 2 165.00 $165.00 $1,089 —
700 value added 700 2 150.00 $150.00 $1,050 -10.00
700–745 715 3 141.00–145.00 $143.61 $1,027 -3.42
805–815 810 2 140.00–144.00 $141.99 $1,150 —
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
300–345 330 5 160.00–175.00 $168.36 $556 -0.39
380–390 385 2 168.00–170.00 $168.99 $651 +7.79
400–445 413 6 150.00–165.00 $154.69 $639 -5.47
450–470 460 4 145.00–155.00 $149.99 $690 -0.01
510–525 520 3 148.00–150.00 $149.33 $777 —
620 620 1 125.00 $125.00 $775 —

↑ Back to top

Feeder Heifers

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
305–335 320 4 165.00–172.00 $168.46 $539 -6.54
350–395 377 8 160.00–170.00 $165.12 $623 -5.17
400–440 422 13 155.00–168.00 $163.58 $690 -2.84
460–480 value added 463 13 163.00–169.50 $167.93 $778 -0.19
450–495 473 11 150.00–169.00 $159.10 $753 -0.09
500–525 514 4 151.00–154.00 $152.02 $781 -3.15
500–545 value added 529 12 155.00–163.00 $159.74 $845 -4.19
550 value added 550 2 157.00–163.00 $160.00 $880 —
550–590 568 8 140.00–153.00 $145.79 $828 -2.95
600–630 value added 616 7 151.00–155.00 $152.97 $942 —
600–645 628 4 140.00–143.00 $141.52 $889 —
665 665 1 135.00 $135.00 $898 +0.54
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
325 325 1 140.00 $140.00 $455 -12.62
365–395 378 3 140.00–145.00 $142.27 $538 +2.27
425 425 1 140.00 $140.00 $595 +2.36
450–490 471 4 130.00–145.00 $136.38 $642 +3.92
530–545 538 2 125.00 $125.00 $672 —

↑ Back to top

Feeder Bulls

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
455–475 472 6 163.00–168.00 $166.16 $784 -0.41
525–540 532 6 150.00–163.00 $154.84 $824 -3.49
570–590 582 3 148.00–155.00 $150.96 $879 —
615–635 625 2 135.00–145.00 $139.92 $874 +1.92
720 720 1 129.00 $129.00 $929 —
760 760 1 133.00 $133.00 $1,011 —

↑ Back to top

Slaughter Cows

Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1025–1055 1045 80-85% 3 55.00–58.00 $56.01 $585 +1.83
1015–1370 1163 80-85% 16 70.00–83.00 $76.86 $894 +0.18
1230–1500 1379 80-85% 5 86.00–94.00 $90.26 $1,245 —
Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
785–905 852 85-90% 7 37.00–43.00 $39.77 $339 —
960–1055 1011 85-90% 6 56.00–64.00 $60.42 $611 —
Breaker ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1280–1660 1470 75-80% 2 79.00–80.00 $79.44 $1,168 -0.17

↑ Back to top

Slaughter Bulls

YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1295–1485 1383 4 70.00–75.00 $72.19 $998 —
1500–2335 1752 11 86.00–100.00 $94.61 $1,658 —
1810–1890 1850 2 108.00–111.00 $109.53 $2,026 —

↑ Back to top

Bred Cows

Medium and Large 1-2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1000 1000 Young (2-4 yrs)2nd Stage (4-6 mo) 1 1,175.00 $1,175.00
1040–1060 1050 Aged (>8 yrs)2nd Stage (4-6 mo) 2 800.00–850.00 $825.24
1065–1355 1210 Middle Aged (5-8 yrs)3rd Stage (7-9 mo) 2 1,100.00–1,250.00 $1,183.99
1210 1210 Middle Aged (5-8 yrs)2nd Stage (4-6 mo) 1 1,200.00 $1,200.00

↑ Back to top

Cow-Calf Pairs

Medium and Large 1-2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $ Δ last sale
1085 1085 Aged (>8 yrs)Open 1 900.00 $900.00 —
1140–1320 1249 Aged (>8 yrs)Open 5 900.00–1,275.00 $1,070.82 +37.17

↑ Back to top

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.