Cattle Market Pulse

Hope Livestock Auction Market Report

Hope, Arkansas · USDA-reported Auction Livestock

Sale of Thursday, March 24, 2022

618 head sold ·Official USDA report

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

light 5-weight M&L 1 steers $184.35/cwt +13.62 vs last sale · ≈ $969/hd at 526 lb · 14 head
light 5-weight M&L 1 heifers $155.28/cwt +2.88 vs last sale · ≈ $812/hd at 523 lb · 13 head
heavy 5-weight M&L 1 heifers $150.15/cwt -2.40 vs last sale · ≈ $853/hd at 568 lb · 12 head

Receipts

HeadThis saleLast saleLast year
Total receipts 618 695 745
Feeder cattle 528 610 667
Slaughter cattle 80 75 68
Replacement cattle 10 10 10

Market comments — USDA reporter

Compared to last week: Feeder steers 2.00-8.00 lower. Feeder heifers under 450 lbs. 2.00-8.00 lower; over 450 lbs. 2.00-7.00 higher. Slaughter cows 3.00-5.00 lower. Slaugher bulls steady to 3.00 higher. Quality was plain to average. Buyer activity was limited. Sold three loads of cattle on video. View seperate link to see video auction results.

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
355–390 374 6 180.00–203.00 $188.17 $704 -10.41
400–445 422 9 173.00–185.00 $179.37 $757 -4.19
440 value added 440 2 200.00 $200.00 $880 -4.03
455–495 476 8 172.00–183.00 $177.37 $844 -1.85
485 value added 485 2 188.00 $188.00 $912 —
505–545 value added 525 4 198.00 $198.00 $1,040 —
500–545 526 10 170.00–187.00 $178.89 $941 +8.16
550–575 560 3 166.00–180.00 $171.99 $963 -1.01
570 value added 570 2 187.00 $187.00 $1,066 —
620 value added 620 2 159.00 $159.00 $986 -4.50
635 635 1 150.00 $150.00 $952 -7.67
650–670 662 3 147.00–150.00 $148.01 $980 —
790 790 1 140.00 $140.00 $1,106 +1.04
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
380–385 383 2 150.00 $150.00 $574 -10.98
425 425 2 150.00–154.00 $152.00 $646 -5.65
450–475 462 3 145.00–150.00 $146.71 $678 -0.92

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Feeder Heifers

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
300–330 318 4 160.00–170.00 $162.88 $518 -9.34
350–395 366 6 155.00–165.00 $161.08 $590 -2.13
425–445 435 7 150.00–160.00 $155.50 $676 -2.67
455–495 472 5 145.00–161.00 $154.70 $730 +2.21
500–525 value added 513 4 161.00–163.00 $162.02 $831 +6.35
500–545 527 9 147.00–161.00 $152.29 $803 +3.16
550–595 566 10 140.00–155.00 $148.78 $842 +5.54
580 value added 580 2 157.00 $157.00 $911 -0.37
600–645 623 4 135.00–150.00 $142.23 $886 +9.23
650–670 660 2 149.00–153.00 $150.97 $996 +13.97
705–715 710 2 121.00–138.00 $129.44 $919 +4.44
750 750 1 115.00 $115.00 $862 —
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
375–385 380 2 135.00–140.00 $137.53 $523 -2.47
465–485 475 2 124.00–130.00 $126.94 $603 -3.06
500–540 518 3 122.00–130.00 $126.26 $654 -3.74
570 570 1 125.00 $125.00 $712 —
Medium and Large 1 ($/head)
Weight (lb) Avg wt Head Price range Avg $ Δ last sale
675 675 3 900.00 $900.00 —

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Feeder Bulls

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
455–490 473 3 155.00–160.00 $158.33 $749 -2.67
525–545 532 3 152.00–159.00 $155.38 $827 +3.78
570 570 1 150.00 $150.00 $855 +0.50
625 625 1 141.00 $141.00 $881 +6.00

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Slaughter Cows

Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1055–1420 1213 80-85% 16 65.00–81.00 $74.86 $908 —
Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
800–865 840 85-90% 3 42.00–45.00 $43.29 $364 +1.51
950–1010 987 85-90% 3 55.00–59.00 $57.01 $563 —
Breaker ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1270 1270 75-80% 1 74.00 $74.00 $940 —

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Slaughter Bulls

YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1435–1450 1443 2 70.00–79.00 $74.52 $1,075 —
1525–2020 1771 7 93.00–104.00 $98.96 $1,753 +6.51

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Stock Cows

Medium and Large 1-2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
950–1005 991 (<2 yrs)Open 5 1,050.00–1,180.00 $1,126.82

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Bred Cows

Medium and Large 1-2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1180 1180 Middle Aged (5-8 yrs)2nd Stage (4-6 mo) 1 1,125.00 $1,125.00
1210–1330 1270 Aged (>8 yrs)3rd Stage (7-9 mo) 2 1,000.00–1,025.00 $1,011.91

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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.