Cattle Market Pulse

Hope Livestock Auction Market Report

Hope, Arkansas · USDA-reported Auction Livestock

Sale of Thursday, March 14, 2024

562 head sold ·Official USDA report

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

light 4-weight M&L 1 steers $334.60/cwt +5.79 vs last sale · ≈ $1,387/hd at 415 lb · 23 head
heavy 4-weight M&L 1 heifers $287.17/cwt +10.05 vs last sale · ≈ $1,378/hd at 480 lb · 22 head
light 5-weight M&L 1 heifers $271.08/cwt +3.65 vs last sale · ≈ $1,417/hd at 523 lb · 17 head

Receipts

HeadThis saleLast saleLast year
Total receipts 562 665 1,087
Feeder cattle 440 600 871
Slaughter cattle 112 60 156
Replacement cattle 10 5 60

Market comments — USDA reporter

No trend due to lack of report last week. All classes of cattle are really strong. Quality was average. Buyers were very aggressive. This market is seeing some prices that we haven't seen before. Next week will be the third Thursday stock cow special. Expecting some quality replacement cattle and a offering of young bulls. Sold two video loads to view results click this link https://www.ams.usda.gov/mnreports/ams_3628.pdf .

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
300–310 fancy 305 2 395.00–400.00 $397.54 $1,212 —
300–345 315 6 320.00–385.00 $359.26 $1,132 +25.00
350–395 374 16 300.00–385.00 $346.06 $1,294 +12.44
400–425 414 16 297.50–370.00 $325.99 $1,350 ±0.00
400–425 value added 416 7 350.00–357.50 $354.27 $1,474 +18.06
450 value added 450 2 337.50 $337.50 $1,519 —
450–490 467 11 285.00–332.50 $307.82 $1,438 +1.88
500–545 519 10 285.00–307.50 $295.60 $1,534 +13.29
525–535 value added 532 3 317.50–322.50 $319.15 $1,698 +18.60
565–595 574 8 280.00–307.50 $293.25 $1,683 +14.48
560–595 value added 578 8 311.00–322.50 $317.48 $1,835 +21.87
600–625 613 3 270.00–280.00 $276.66 $1,696 +9.65
605–640 value added 619 7 287.50–305.00 $298.80 $1,850 +8.93
665–675 670 2 270.00 $270.00 $1,809 +15.03
735–745 740 2 235.00–250.00 $242.45 $1,794 -1.67
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
300–330 320 4 285.00–290.00 $287.46 $920 +5.16
375–395 385 3 275.00–290.00 $283.90 $1,093 +7.47
410–440 428 6 265.00–280.00 $269.88 $1,155 -1.34
455–480 466 6 243.00–265.00 $256.28 $1,194 -9.73

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Feeder Heifers

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
300–345 306 12 297.50–340.00 $311.59 $953 +16.40
320 value added 320 2 327.50 $327.50 $1,048 —
350–395 380 13 280.00–310.00 $295.07 $1,121 +6.51
400–435 value added 420 5 290.00–300.00 $296.12 $1,244 -1.36
400–440 423 11 275.00–305.00 $290.19 $1,228 +17.56
450–495 475 14 265.00–297.50 $284.16 $1,350 +13.14
480–495 value added 488 8 282.50–297.50 $292.45 $1,427 +4.13
500–545 521 11 255.00–277.50 $265.75 $1,385 ±0.00
500–540 value added 526 6 270.00–287.50 $280.86 $1,477 +4.60
550–595 562 12 240.00–272.50 $259.80 $1,460 +7.36
570–575 value added 572 3 277.50–289.00 $281.36 $1,609 +10.52
600–640 616 7 240.00–272.50 $253.53 $1,562 +14.21
625 value added 625 2 262.50 $262.50 $1,641 +8.76
670 670 1 250.00 $250.00 $1,675 +15.00
680 value added 680 2 257.50 $257.50 $1,751 —
715 715 1 222.50 $222.50 $1,591 —
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
305–310 308 3 235.00–260.00 $243.24 $749 -11.01
350–385 371 5 235.00–250.00 $240.66 $893 -15.35
410–445 428 6 230.00–240.00 $234.80 $1,005 -2.97
455–475 468 3 230.00–239.00 $234.60 $1,098 —

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Feeder Bulls

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
510–530 524 5 260.00–275.00 $268.93 $1,409 +10.93
625–635 630 2 260.00–265.00 $262.48 $1,654 +18.16

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Slaughter Cows

Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1020–1075 1044 80-85% 4 100.00–107.00 $103.07 $1,076 +17.07
1125 1125 80-85% 1 140.00 $140.00 $1,575 —
1040–1450 1221 80-85% 18 115.00–128.00 $122.50 $1,496 —
Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
825–875 850 85-90% 2 73.00–75.00 $73.97 $629 —
935–1025 1003 85-90% 7 102.00–115.00 $108.81 $1,091 —
1055 1055 85-90% 1 115.00 $115.00 $1,213 —
Breaker ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1440 1440 75-80% 1 113.00 $113.00 $1,627 —

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Slaughter Bulls

YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1355–1425 1390 3 112.00–116.00 $114.37 $1,590 —
1670 1670 1 141.00 $141.00 $2,355 —
1575–1830 1715 11 124.00–137.00 $131.00 $2,247 —

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Bred Cows

Medium and Large 1-2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1145–1380 1223 Middle Aged (5-8 yrs)2nd Stage (4-6 mo) 3 1,600.00–1,800.00 $1,714.20
1245–1310 1278 Middle Aged (5-8 yrs)3rd Stage (7-9 mo) 2 1,600.00–1,800.00 $1,702.54

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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
1375 1375 Aged (>8 yrs)Open 1 2,000.00 $2,000.00 —

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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.