Cattle Market Pulse

Hope Livestock Auction Market Report

Hope, Arkansas · USDA-reported Auction Livestock

Sale of Thursday, March 28, 2024

344 head sold ·Official USDA report

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

light 5-weight M&L 1 steers $301.60/cwt +1.18 vs last sale · ≈ $1,579/hd at 523 lb · 14 head
light 5-weight M&L 1 heifers $270.83/cwt +5.54 vs last sale · ≈ $1,439/hd at 531 lb · 11 head
light 4-weight M&L 1 steers $321.57/cwt -10.37 vs last sale · ≈ $1,361/hd at 423 lb · 11 head

Receipts

HeadThis saleLast saleLast year
Total receipts 344 954 729
Feeder cattle 251 738 585
Slaughter cattle 78 216 124
Replacement cattle 15 — 20

Market comments — USDA reporter

Compared to last week: Feeder steers under 550 lbs. 3.00-12.00 lower; over 550 lbs. 3.00-10.00 higher. Feeder heifers steady to 5.00 lower. Slaughter cows 2.00-4.00 higher. Slaughter bulls 2.00-4.00 higher. Quality was average to plain. Market was little softer on most classes. Buyers were not as aggressive with a small offering. Had 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 fancy 300 1 405.00 $405.00 $1,215 -2.64
310–340 330 7 335.00–375.00 $357.34 $1,179 -0.80
355–390 371 10 330.00–365.00 $349.64 $1,297 -4.02
400–425 413 5 295.00–335.00 $310.53 $1,282 -20.34
410–445 value added 432 6 325.00–335.00 $330.77 $1,429 -9.23
450–495 469 5 285.00–300.00 $292.34 $1,371 -20.88
500–540 value added 520 8 305.00–320.00 $313.03 $1,628 -12.58
500–545 528 6 270.00–295.00 $286.37 $1,512 -3.26
570–585 575 3 280.00–300.00 $288.26 $1,657 +3.19
585 value added 585 2 297.50 $297.50 $1,740 —
605–635 622 5 270.00–297.50 $282.58 $1,758 +20.20
620–625 value added 623 4 292.50–297.50 $294.99 $1,838 +12.49
670 value added 670 2 297.50 $297.50 $1,993 —
665–695 680 3 267.50–275.00 $270.87 $1,842 +15.89
720 720 1 255.00 $255.00 $1,836 +3.06
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
300–345 323 5 290.00–302.00 $296.63 $958 +2.61
355–385 373 5 275.00–283.00 $279.34 $1,042 -9.32
400–445 418 5 265.00–270.00 $267.87 $1,120 +8.37
455–475 468 3 255.00–268.00 $263.79 $1,235 +2.14

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Feeder Heifers

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
310–345 330 9 297.50–315.00 $306.04 $1,010 +0.79
350 value added 350 2 307.50 $307.50 $1,076 —
355–385 363 6 290.00–310.00 $298.77 $1,085 +2.53
415 value added 415 2 312.50 $312.50 $1,297 +12.78
400–440 420 6 275.00–292.50 $282.54 $1,187 -5.14
455–475 467 6 260.00–285.00 $272.07 $1,271 -3.07
500–545 523 6 255.00–277.50 $265.43 $1,388 +11.05
535–545 value added 541 5 277.00–277.50 $277.30 $1,500 -6.16
550–595 573 9 252.50–267.50 $262.16 $1,502 +9.23
600–615 606 4 225.00–250.00 $241.31 $1,462 -7.53
665–680 670 3 220.00–225.00 $223.31 $1,496 —
Medium and Large 2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
300–325 317 5 255.00–262.50 $257.52 $816 +7.50
360–385 375 4 255.00–272.00 $259.79 $974 +13.82
420 420 2 235.00 $235.00 $987 +5.00
450–455 453 2 232.50–235.00 $233.76 $1,059 —
520 520 1 230.00 $230.00 $1,196 —
585 585 1 225.00 $225.00 $1,316 —

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Feeder Bulls

Medium and Large 1 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
455–495 475 3 262.50–272.00 $266.40 $1,265 -20.50
550–595 573 2 255.00 $255.00 $1,461 —
600–625 612 3 250.00–255.00 $252.37 $1,545 —
735 735 2 227.00 $227.00 $1,668 —
755–795 768 4 200.00–227.00 $216.62 $1,664 -8.38
830 830 1 217.50 $217.50 $1,805 —

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Slaughter Cows

Boner ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1025–1085 1048 80-85% 6 104.00–110.00 $106.01 $1,111 —
1055–1285 1148 80-85% 10 115.00–130.00 $125.37 $1,439 —
1210–1275 1247 80-85% 3 132.00–145.00 $139.67 $1,742 —
Lean ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
910–1025 977 85-90% 7 105.00–115.00 $107.93 $1,054 —
Breaker ($/cwt)
Weight (lb) Avg wt Dressing Head Price range Avg $ ≈ $/hdΔ last sale
1725 1725 75-80% 1 120.00 $120.00 $2,070 —

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Slaughter Bulls

YG1-2 ($/cwt)
Weight (lb) Avg wt Head Price range Avg $ ≈ $/hdΔ last sale
1470–1485 1478 2 115.00–117.00 $115.99 $1,714 —
1540–2150 1874 8 130.00–140.00 $134.96 $2,529 —
2195 2195 1 150.00 $150.00 $3,292 —

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Bred Cows

Medium and Large 1-2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
1165 1165 Young (2-4 yrs)2nd Stage (4-6 mo) 1 1,825.00 $1,825.00
1135–1295 1215 Middle Aged (5-8 yrs)2nd Stage (4-6 mo) 2 1,800.00 $1,800.00

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Bred Heifers

Medium and Large 1-2 ($/head)
Weight (lb) Avg wt AgeStage Head Price range Avg $
980 980 Young (2-4 yrs)2nd Stage (4-6 mo) 1 1,750.00 $1,750.00

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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
1155 1155 Aged (>8 yrs)Open 1 1,700.00 $1,700.00 —

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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.