Sale reports / Arkansas / Hope Livestock Auction Inc. / 2023-01-12

Hope Livestock Auction Inc.

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Hope, Arkansas · Thu, Jan 12
● Final60 lots reportedUSDA AMS · slug 2058
Feeder Cattle receipts
1,070 head
269 vs last sale 801 56 vs year ago 1,014 · +5.5%
Slaughter Cattle receipts
140 head
28 vs last sale 168 8 vs year ago 148 · 5.4%
Replacement Cattle receipts
15 head
55 vs last sale 70 0 vs year ago 15 · +0.0%
View

Reporter comment USDA

As filed

Compared to last week: Feeder steers under 550 lbs. 2.00-10.00 lower; over 550 lbs. 1.00-5.00 higher. Feeder heifers 2.00-9.00 lower. Slaughter cows 2.00-4.00 higher. Slaughter bulls steady to 2.00 lower. Quality was average. Sold a split load of steers and heifers on video. To view information click this link (https://www.ams.usda.gov/mnreports/ams_3628.pdf ).

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $192.82/cwt on 199 head.
Average price
$192.82
199 head · 507 lb average
Value per head Derived
$977
Price × average weight ÷ 100
Grade differential Derived
$265
per head · Medium and Large 1 over Medium and Large 2
$35.44/cwt at this weight
vs the market
+1.44
vs AR average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1515198.521,023167
Medium and Large 2464163.0875732
One grade step is worth $35.44/cwt here — about $265 a head. Across this sale the premium is widest at 0–100 lb. USDA reports each grade on its own line and never publishes the spread.

How it compared 0–100 lb

Same class and week · spot auction only
This sale199 hd
192.82
AR average6 barns · 2,516 hd
191.39
+1.44
A barn can sit above the state average at one weight and below it at another — check the class you actually sell.

Slaughter cattle

By class and quality grade · $/cwt
Cull cows and bulls are graded, not weight-classed — grade is what moves the money here.
ClassGradeDressingAvg wt$/cwt$/headHead
BullsLow1,65382.421,36210
CowsBreaker 75-80%Average1,38075.001,0351thin
CowsBoner 80-85%Low1,15167.5177736
CowsLean 85-90%Low95856.6954310

Replacement cattle Per head

By class, stage and age
Bred stock and pairs are reported per head, not per hundredweight — these prices are never mixed with the $/cwt figures above.
ClassStageAgeAvg wt$/headHead
Bred Cows2nd Stage (4-6 mo)Middle Aged (5-8 yrs)1,308$1,0852thin
Bred Cows3rd Stage (7-9 mo)Middle Aged (5-8 yrs)975$1,0501thin
Bred Cows2nd Stage (4-6 mo)Young (2-4 yrs)1,095$1,0201thin
Cow-Calf PairsOpenMiddle Aged (5-8 yrs)1,413$1,1642thin

Every lot, as filed

60 lots · USDA AMS · Hope Livestock Auction - Hope, AR
Nothing removed and nothing rounded — the same lots as the USDA report, with per-head values added.
ClassGrade / descriptionWeightAvg wtPriceRangePer headHead
SteersMedium and Large 2471165.56/cwt157.00–170.007807
SteersMedium and Large 1522192.65/cwt182.00–205.001,00611
SteersMedium and Large 1326226.17/cwt205.00–245.0073713
SteersMedium and Large 1427201.43/cwt185.00–217.0086012
HeifersMedium and Large 1371189.45/cwt175.00–215.0070310
SteersMedium and Large 1843150.00/cwt150.00–150.001,2652
SteersMedium and Large 1615178.38/cwt173.00–183.001,0977
SteersMedium and Large 2675130.00/cwt130.00–130.008781
SteersMedium and Large 2745128.00/cwt128.00–128.009541
SteersMedium and Large 2630130.00/cwt130.00–130.008191
SteersMedium and Large 2417166.87/cwt160.00–175.006966
SteersMedium and Large 1665183.45/cwt180.00–187.001,2202
SteersMedium and Large 2371174.38/cwt170.00–180.006479
SteersMedium and Large 1369216.22/cwt200.00–242.5079817
SteersMedium and Large 1770155.02/cwt150.00–160.001,1944
SteersMedium and Large 1473198.36/cwt185.00–215.0093810
SteersMedium and Large 1576184.02/cwt165.00–192.501,0605
SteersMedium and Large 1Value Added422226.37/cwt221.00–230.009555
SteersMedium and Large 1Value Added624185.40/cwt184.00–193.001,15727
SteersMedium and Large 1722159.28/cwt153.00–177.501,1505
SteersMedium and Large 1Value Added560193.61/cwt190.00–198.001,0845
SteersMedium and Large 1Value Added483209.85/cwt205.00–218.001,01426
SteersMedium and Large 1Value Added527202.38/cwt198.00–205.001,06714
SteersMedium and Large 1Value Added663185.00/cwt185.00–185.001,2272
BullsMedium and Large 1469178.06/cwt175.00–180.008355
BullsMedium and Large 1655152.00/cwt150.00–154.009962
BullsMedium and Large 1618162.51/cwt160.00–165.001,0042
BullsMedium and Large 1810136.00/cwt136.00–136.001,1021
BullsMedium and Large 1521169.42/cwt165.00–175.008835
BullsMedium and Large 1576164.80/cwt159.00–168.009497
CowsBoner 80-85%1,03756.33/cwt50.00–60.0058411
CowsLean 85-90%81536.63/cwt33.00–40.002992
CowsLean 85-90%99461.70/cwt59.00–65.006138
CowsBreaker 75-80%1,38075.00/cwt75.00–75.001,0351
CowsBoner 80-85%1,20172.43/cwt67.00–75.0087025
Bulls1,38375.00/cwt75.00–75.001,0372
Bulls1,72084.27/cwt80.00–89.001,4498
Bred CowsMedium and Large 1-29751,050.00/head1,050.00–1,050.001,0501
Bred CowsMedium and Large 1-21,0951,020.00/head1,020.00–1,020.001,0201
Bred CowsMedium and Large 1-21,3081,084.76/head1,050.00–1,110.001,0852
Cow-Calf PairsMedium and Large 1-21,4131,163.65/head1,150.00–1,180.001,1642
HeifersMedium and Large 2424144.98/cwt144.00–147.006154
HeifersMedium and Large 2565135.00/cwt135.00–135.007631
HeifersMedium and Large 2518140.00/cwt140.00–140.007254
HeifersMedium and Large 1Value Added620152.00/cwt152.00–152.009424
HeifersMedium and Large 1Value Added565164.00/cwt164.00–164.0092711
HeifersMedium and Large 1325189.80/cwt180.00–211.0061714
HeifersMedium and Large 1623157.46/cwt152.00–166.009815
HeifersMedium and Large 1465173.08/cwt165.00–180.0080510
HeifersMedium and Large 1412181.91/cwt175.00–193.007497
HeifersMedium and Large 2334162.42/cwt155.00–165.005424
HeifersMedium and Large 2375165.00/cwt155.00–175.006193
HeifersMedium and Large 2472145.00/cwt145.00–145.006843
HeifersMedium and Large 1522165.03/cwt160.00–173.0086110
HeifersMedium and Large 1Value Added515175.00/cwt175.00–175.009012
HeifersMedium and Large 1713136.78/cwt130.00–145.009753
HeifersMedium and Large 1Value Added453178.83/cwt175.00–179.5081014
HeifersMedium and Large 1575161.50/cwt157.00–167.0092917
HeifersMedium and Large 1672153.29/cwt150.00–156.001,0303
SteersMedium and Large 2524157.29/cwt155.00–165.008247

How this sale compares

Arkansas weighted averages
One sale is one barn on one day. The state ladder is every Arkansas auction USDA reported that week, weighted by head — the fairer test of whether a lot sold well.