Sale reports / Arkansas / Hope Livestock Auction Inc. / 2023-02-23

Hope Livestock Auction Inc.

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Hope, Arkansas · Thu, Feb 23
● Final61 lots reportedUSDA AMS · slug 2058
Feeder Cattle receipts
667 head
168 vs last sale 499 107 vs year ago 774 · 13.8%
Slaughter Cattle receipts
136 head
23 vs last sale 113 27 vs year ago 163 · 16.6%
Replacement Cattle receipts
15 head
5 vs last sale 20 25 vs year ago 40 · 62.5%
View

Reporter comment USDA

As filed

Compared to last week: Feeder steers under 550 lbs. unevenly steady; over 550 lbs. 3.00-8.00 lower. Feeder heifers under 550 lbs. 2.00-10.00 lower; over 550 lbs. 3.00-7.00 higher. Slaughter cows 2.00-5.00 higher with lean cows as much as 10.00 higher. Slaughter bulls 3.00-6.00 higher. Quality was average to attractive. Buyers were active on all classes. Sold three video loads to view information click this link (https://www.ams.usda.gov/mnreports/am3628.pdf ).

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $212.34/cwt on 162 head.
Average price
$212.34
162 head · 497 lb average
Value per head Derived
$1,054
Price × average weight ÷ 100
Grade differential Derived
$302
per head · Medium and Large 1 over Medium and Large 2
$37.46/cwt at this weight
vs the market
+0.21
vs AR average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1504216.731,092143
Medium and Large 2441179.2879019thin
One grade step is worth $37.46/cwt here — about $302 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 sale162 hd
212.34
AR average6 barns · 1,236 hd
212.14
+0.21
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
BullsLow1,55094.351,4638thin
CowsBoner 80-85%Average1,15986.1899949
CowsLean 85-90%Low92470.0464819

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)1,195$1,1382thin
Cow-Calf PairsOpenMiddle Aged (5-8 yrs)1,274$1,4333thin
Cow-Calf PairsOpenAged (>8 yrs)1,267$1,2753thin

Every lot, as filed

61 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 1658187.85/cwt180.00–196.001,2369
SteersMedium and Large 1422225.63/cwt215.00–240.0095218
SteersMedium and Large 1574194.03/cwt185.00–202.501,11410
HeifersMedium and Large 1Value Added600170.00/cwt170.00–170.001,0202
SteersMedium and Large 1613196.73/cwt190.00–205.001,2064
SteersMedium and Large 2335185.15/cwt180.00–190.006202
SteersMedium and Large 2560163.99/cwt163.00–165.009182
SteersMedium and Large 2361187.46/cwt185.00–190.006774
SteersMedium and Large 1483219.54/cwt210.00–235.001,0608
SteersMedium and Large 1805170.00/cwt170.00–170.001,3694
SteersMedium and Large 1371229.46/cwt210.00–262.5085115
SteersMedium and Large 1855166.00/cwt166.00–166.001,4191
SteersMedium and Large 2435180.00/cwt180.00–180.007834
SteersMedium and Large 1321242.01/cwt210.00–260.0077713
SteersMedium and Large 1715174.41/cwt170.00–188.001,2474
SteersMedium and Large 1524205.48/cwt197.50–220.001,0774
SteersMedium and Large 1Value Added660209.00/cwt209.00–209.001,3792
SteersMedium and Large 1Value Added524222.46/cwt215.00–232.501,16614
SteersMedium and Large 1Value Added345255.00/cwt255.00–255.008803
SteersMedium and Large 1Value Added713187.98/cwt184.00–196.001,3403
SteersMedium and Large 1Value Added626204.35/cwt200.00–207.501,2798
SteersMedium and Large 1Value Added576207.50/cwt205.00–210.001,1958
SteersMedium and Large 2508172.46/cwt170.00–175.008762
SteersMedium and Large 1Value Added464232.31/cwt229.00–237.501,0788
BullsMedium and Large 1567183.20/cwt179.00–185.001,0396
BullsMedium and Large 1476191.86/cwt190.00–195.009137
BullsMedium and Large 1677169.69/cwt167.00–172.001,1493
BullsMedium and Large 1524179.00/cwt178.00–180.009384
BullsMedium and Large 1617173.30/cwt170.00–180.001,0693
BullsMedium and Large 1725153.00/cwt153.00–153.001,1091
CowsLean 85-90%82248.02/cwt40.00–55.003955
CowsBoner 80-85%1,16987.43/cwt80.00–91.001,02234
CowsBoner 80-85%1,01469.58/cwt65.00–75.007067
CowsBoner 80-85%1,24195.42/cwt93.00–103.001,1848
Bulls1,32381.36/cwt80.00–83.001,0762
Bulls1,62698.68/cwt94.00–107.001,6056
CowsLean 85-90%96177.91/cwt70.00–85.0074914
Cow-Calf PairsMedium and Large 1-21,1751,213.14/head1,200.00–1,225.001,2132
Cow-Calf PairsMedium and Large 1-21,3251,625.00/head1,625.00–1,625.001,6251
Cow-Calf PairsMedium and Large 1-21,2481,336.97/head1,250.00–1,425.001,3372
Bred CowsMedium and Large 1-21,1951,138.49/head1,125.00–1,150.001,1382
Cow-Calf PairsMedium and Large 1-21,4501,400.00/head1,400.00–1,400.001,4001
HeifersMedium and Large 2384175.48/cwt170.00–185.006744
HeifersMedium and Large 2483162.51/cwt160.00–165.007854
HeifersMedium and Large 1466186.04/cwt180.00–197.0086710
HeifersMedium and Large 1414192.24/cwt190.00–197.007965
HeifersMedium and Large 1312206.78/cwt200.00–215.006456
HeifersMedium and Large 1571175.76/cwt165.00–184.001,00410
HeifersMedium and Large 1517179.13/cwt170.00–186.009267
HeifersMedium and Large 1728152.03/cwt146.00–158.001,1074
HeifersMedium and Large 2415172.68/cwt170.00–175.007173
HeifersMedium and Large 2529155.52/cwt150.00–160.008234
HeifersMedium and Large 2550152.00/cwt152.00–152.008361
HeifersMedium and Large 1Value Added580182.50/cwt182.50–182.501,0592
HeifersMedium and Large 1Value Added720157.50/cwt157.50–157.501,1343
HeifersMedium and Large 1Value Added472204.95/cwt200.00–210.009676
HeifersMedium and Large 1Value Added525187.00/cwt187.00–187.009822
HeifersMedium and Large 1369199.34/cwt193.00–201.007369
HeifersMedium and Large 1609170.49/cwt165.00–175.001,0384
SteersMedium and Large 2477178.64/cwt175.00–180.008525
SteersMedium and Large 1Value Added366255.61/cwt248.00–260.009367

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.