Cattle Market Pulse

Hope Livestock Auction Market Report

Hope, Arkansas · USDA-reported Auction Livestock

Sale of Thursday, February 22, 2024

811 head sold ·Official USDA report

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

light 4-weight M&L 1 heifers $289.57/cwt -0.76 vs last sale · ≈ $1,226/hd at 423 lb · 29 head
heavy 4-weight M&L 1 steers $313.12/cwt -0.10 vs last sale · ≈ $1,482/hd at 473 lb · 29 head
heavy 5-weight M&L 1 heifers $272.62/cwt +12.31 vs last sale · ≈ $1,536/hd at 563 lb · 28 head

Receipts

HeadThis saleLast saleLast year
Total receipts 811 786 818
Feeder cattle 665 644 667
Slaughter cattle 126 82 136
Replacement cattle 20 60 15

Market comments — USDA reporter

Compared to last week: Feeder steers under 550 lbs. 3.00-9.00 lower; over 550 steady to 5.00 lower. Feeder heifers under 400 lbs. 3.00-5.00 lower.; over 400 lbs. 5.00-10.00 higher. Slaughter cows steady to 2.00 higher. Slaughter bulls steady. Quality was average to plain. Market was still very strong. Still seeing extremely high prices for calves in right condition to graze.

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
305 value added 305 1 385.00 $385.00 $1,174 —
300–345 326 11 320.00–360.00 $336.72 $1,098 +3.33
355–365 fancy 360 2 375.00–380.00 $377.47 $1,359 -10.13
350–395 370 17 310.00–370.00 $331.72 $1,227 -7.74
375–390 value added 379 7 370.00–375.00 $372.88 $1,413 —
415 fancy 415 3 365.00–370.00 $366.67 $1,522 —
415–440 value added 424 9 335.00–340.00 $336.15 $1,425 -15.15
420–445 438 14 285.00–360.00 $306.11 $1,341 -10.66
455–495 471 19 280.00–335.00 $305.24 $1,438 -7.74
450–495 fancy 473 2 330.00–360.00 $344.29 $1,628 —
455–495 value added 479 8 317.50–345.00 $324.03 $1,552 +9.03
500–545 524 10 280.00–310.00 $286.79 $1,503 -9.52
530 value added 530 6 327.50 $327.50 $1,736 +12.12
555–585 563 12 275.00–300.00 $281.90 $1,587 +0.39
565–585 value added 577 5 295.00–305.00 $301.08 $1,737 +4.59
600 value added 600 3 282.50 $282.50 $1,695 -9.44
605–645 622 3 267.50–282.50 $275.66 $1,715 +1.43
650 value added 650 3 275.00 $275.00 $1,788 -3.50
650–690 675 10 240.00–275.00 $251.78 $1,700 -5.51
705–725 715 3 232.00–238.00 $234.31 $1,675 -4.51
760–780 770 2 230.00–237.50 $233.80 $1,800 +0.05
800 800 1 228.00 $228.00 $1,824 —
850–860 855 2 225.00–227.50 $226.24 $1,934 —
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
315 315 3 285.00 $285.00 $898 +11.69
360–395 386 11 270.00–285.00 $276.78 $1,068 +10.72
410–445 421 8 255.00–265.00 $259.47 $1,092 -3.08
475–485 478 7 255.00–265.00 $259.32 $1,240 -5.07
500–545 521 8 235.00–247.00 $240.99 $1,256 -4.01

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Feeder Heifers

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
300–340 321 13 280.00–332.50 $302.57 $971 -3.11
350–395 378 8 275.00–310.00 $286.34 $1,082 -5.11
400–435 value added 422 17 277.50–305.00 $289.26 $1,221 -14.33
400–445 425 12 265.00–305.00 $290.02 $1,233 +4.84
460–465 value added 462 8 285.00–300.00 $291.60 $1,347 +11.60
450–490 468 11 265.00–285.00 $277.95 $1,301 +4.55
505 fancy 505 1 290.00 $290.00 $1,464 —
500–535 511 10 255.00–287.50 $271.39 $1,387 +5.25
560–565 value added 561 17 275.00–280.00 $279.11 $1,566 +9.11
550–585 567 11 250.00–282.50 $262.59 $1,489 +10.04
600–645 621 7 230.00–247.50 $238.80 $1,483 +1.86
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
300–340 321 14 240.00–260.00 $253.91 $815 +1.19
355–385 373 9 250.00–260.00 $255.07 $951 +5.04
410–445 431 7 230.00–240.00 $234.15 $1,009 -7.26
475–495 485 6 236.00–244.00 $239.92 $1,164 +5.22

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Feeder Bulls

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
465–485 472 11 270.00–285.00 $277.09 $1,308 -4.95
615 615 1 240.00 $240.00 $1,476 -5.63
695 695 1 221.00 $221.00 $1,536 -21.17
720–745 733 2 220.00 $220.00 $1,613 -8.00

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Slaughter Cows

Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1010–1260 1075 80-85% 6 84.00–88.00 $85.76 $922 +0.12
1025–1255 1124 80-85% 33 95.00–108.00 $100.48 $1,129 —
1100–1415 1239 80-85% 4 109.00–115.00 $111.82 $1,385 +12.03
Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
805–850 828 85-90% 4 55.00–60.00 $57.56 $477 -4.97
905–1010 947 85-90% 8 86.00–90.00 $88.98 $843 —

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Slaughter Bulls

YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1535–1780 1675 4 110.00–114.00 $112.77 $1,889 —

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Stock Cows

Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
820–915 895 Young (2-4 yrs)Open 5 120.00–125.00 $123.98 $1,110

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Bred Cows

Medium and Large 1-2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1040 1040 Aged (>8 yrs)2nd Stage (4-6 mo) 1 1,475.00 $1,475.00
Medium and Large 1-2 ($/cwt)
Weight (lb) Avg wt AgeStage Head Price range Avg $ ≈ $/hd
1335 1335 Middle Aged (5-8 yrs)3rd Stage (7-9 mo) 1 140.00 $140.00 $1,869

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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 1110 Middle Aged (5-8 yrs)Open 1 1,975.00 $1,975.00 —
1195 1195 Middle Aged (5-8 yrs)Open 1 2,275.00 $2,275.00 +325.00
1405 1405 Aged (>8 yrs)Open 1 1,900.00 $1,900.00 —

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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.