Sale reports / Arkansas / Hope Livestock Auction Inc. / 2023-03-02

Hope Livestock Auction Inc.

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Hope, Arkansas · Thu, Mar 2
● Final59 lots reportedUSDA AMS · slug 2058
Feeder Cattle receipts
614 head
53 vs last sale 667 332 vs year ago 946 · 35.1%
Slaughter Cattle receipts
128 head
8 vs last sale 136 13 vs year ago 141 · 9.2%
Replacement Cattle receipts
15 head
0 vs last sale 15 0 vs year ago 15 · +0.0%
View

Reporter comment USDA

As filed

Compared to last week: Feeder steers steady to 5.00 higher. Feeder heifers 4.00-8.00 higher. Slaughter cows 2.00-3.00 lower. Slaughter bulls 2.00 lower. Quality was average. Buyer participation was active.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $210.34/cwt on 126 head.
Average price
$210.34
126 head · 484 lb average
Value per head Derived
$1,018
Price × average weight ÷ 100
Grade differential Derived
$274
per head · Medium and Large 1 over Medium and Large 2
$36.15/cwt at this weight
vs the market
3.02
vs AR average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1496218.951,08796
Medium and Large 2445182.8081330
One grade step is worth $36.15/cwt here — about $274 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 sale126 hd
210.34
AR average8 barns · 1,260 hd
213.36
−3.02
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
BullsLow1,68894.441,59412
CowsBreaker 75-80%Average1,58382.081,2992thin
CowsBoner 80-85%High1,16281.9995333
CowsLean 85-90%Low96965.546358thin

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 Cows3rd Stage (7-9 mo)Young (2-4 yrs)1,020$1,2382thin
Bred Cows2nd Stage (4-6 mo)Middle Aged (5-8 yrs)1,060$1,0605
Bred Cows2nd Stage (4-6 mo)Young (2-4 yrs)970$1,0001thin
Cow-Calf PairsOpenAged (>8 yrs)1,175$1,2251thin

Every lot, as filed

59 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 1Value Added475233.25/cwt228.00–235.001,1084
SteersMedium and Large 1Value Added415245.00/cwt245.00–245.001,0172
SteersMedium and Large 1820170.00/cwt170.00–170.001,3941
SteersMedium and Large 1Value Added665191.00/cwt191.00–191.001,2709
BullsMedium and Large 1487195.80/cwt195.00–197.009545
BullsMedium and Large 1683171.00/cwt169.00–175.001,1683
BullsMedium and Large 1533190.49/cwt188.00–193.001,0152
BullsMedium and Large 1705163.00/cwt163.00–163.001,1492
BullsMedium and Large 1629174.13/cwt165.00–185.001,0956
BullsMedium and Large 1566179.33/cwt175.00–185.001,0156
CowsLean 85-90%85046.51/cwt45.00–48.003952
Bulls1,51275.89/cwt72.00–82.001,1473
CowsBoner 80-85%1,26291.80/cwt90.00–95.001,1596
CowsBoner 80-85%1,15882.82/cwt78.00–87.0095922
CowsLean 85-90%1,00871.88/cwt68.00–76.007256
CowsBreaker 75-80%1,58382.08/cwt80.00–84.001,2992
CowsBoner 80-85%1,06266.58/cwt62.00–70.007075
Bulls1,81296.90/cwt92.00–99.001,7566
Bulls1,617108.05/cwt104.00–117.001,7473
Bred CowsMedium and Large 1-21,0601,059.81/head925.00–1,250.001,0605
Bred CowsMedium and Large 1-21,0201,237.87/head1,050.00–1,400.001,2382
HeifersMedium and Large 1373203.38/cwt200.00–210.007595
HeifersMedium and Large 1730140.00/cwt140.00–140.001,0221
HeifersMedium and Large 1523186.66/cwt180.00–197.509764
Bred CowsMedium and Large 1-29701,000.00/head1,000.00–1,000.001,0001
Cow-Calf PairsMedium and Large 1-21,1751,225.00/head1,225.00–1,225.001,2251
HeifersMedium and Large 1471194.74/cwt185.00–205.0091711
HeifersMedium and Large 2418166.98/cwt155.00–180.006984
HeifersMedium and Large 2525157.36/cwt150.00–165.008264
HeifersMedium and Large 1800141.00/cwt141.00–141.001,1281
SteersMedium and Large 1472223.93/cwt200.00–240.001,0578
SteersMedium and Large 1665189.02/cwt188.00–190.001,2572
SteersMedium and Large 1705172.00/cwt172.00–172.001,2131
HeifersMedium and Large 1Value Added475206.02/cwt205.00–206.5097912
SteersMedium and Large 1875156.00/cwt156.00–156.001,3651
SteersMedium and Large 1Value Added555214.00/cwt214.00–214.001,1888
SteersMedium and Large 2390189.52/cwt188.00–192.007394
SteersMedium and Large 1374242.19/cwt220.00–262.5090611
SteersMedium and Large 1Value Added538221.99/cwt220.00–225.001,1945
SteersMedium and Large 2527173.62/cwt170.00–175.009157
SteersMedium and Large 1780168.97/cwt165.00–173.001,3182
HeifersMedium and Large 1Value Added400208.00/cwt208.00–208.008329
SteersMedium and Large 2329192.04/cwt190.00–195.006325
SteersMedium and Large 2555170.00/cwt170.00–170.009441
SteersMedium and Large 1570207.71/cwt198.00–222.501,1849
SteersMedium and Large 1414224.51/cwt205.00–235.009299
HeifersMedium and Large 1311215.63/cwt207.00–224.006717
SteersMedium and Large 2479180.58/cwt180.00–182.008657
SteersMedium and Large 1526208.56/cwt195.00–225.001,0976
HeifersMedium and Large 1Value Added665171.00/cwt171.00–171.001,1375
HeifersMedium and Large 1870140.00/cwt140.00–140.001,2181
HeifersMedium and Large 1618156.89/cwt153.00–161.009702
HeifersMedium and Large 1668152.53/cwt150.00–155.001,0192
HeifersMedium and Large 2335188.50/cwt187.00–190.006314
SteersMedium and Large 2423186.03/cwt185.00–188.007876
SteersMedium and Large 1627193.34/cwt185.00–200.001,2123
SteersMedium and Large 1315244.29/cwt220.00–269.0077015
HeifersMedium and Large 1419199.76/cwt195.00–215.0083712
HeifersMedium and Large 1Value Added515197.43/cwt195.00–200.001,0176

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.