Sale reports / Arkansas / Hope Livestock Auction Inc. / 2023-03-09

Hope Livestock Auction Inc.

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Hope, Arkansas · Thu, Mar 9
● Final54 lots reportedUSDA AMS · slug 2058
Feeder Cattle receipts
354 head
260 vs last sale 614 326 vs year ago 680 · 47.9%
Slaughter Cattle receipts
98 head
30 vs last sale 128 6 vs year ago 92 · +6.5%
Replacement Cattle receipts
15 head
0 vs last sale 15 15 vs year ago 0 · no sale a year ago
View

Reporter comment USDA

As filed

Compared to last week: Feeder steers 5.00-15.00 higher. Feeder heifers 4.00-8.00 higher. Slaughter cows 2.00-4.00 higher. Slaughter bulls steady to 1.00 lower. Quality was average. There were limited receipts due to recent rains. Market was stronger on all classes of cattle. We continue to trend higher with new highs being seen each week for the year. Buyers were very active. Next week there will be a special replacement cow sale section in the weekly sale. Expecting 150 plus cows. The 3rd Thursday of each month will have a replacement cow section.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $226.66/cwt on 76 head.
Average price
$226.66
76 head · 477 lb average
Value per head Derived
$1,081
Price × average weight ÷ 100
Grade differential Derived
$401
per head · Medium and Large 1 over Medium and Large 2
$45.05/cwt at this weight
vs the market
+10.57
vs AR average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1487231.401,12868
Medium and Large 2390186.357268thin
One grade step is worth $45.05/cwt here — about $401 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 sale76 hd
226.66
AR average10 barns · 913 hd
216.08
+10.57
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
BullsLow1,63793.701,53411
CowsBreaker 75-80%Average1,32085.001,1221thin
CowsBoner 80-85%Average1,12984.2495121
CowsLean 85-90%Low91263.695819thin

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)Middle Aged (5-8 yrs)1,112$1,0873thin
Bred Cows2nd Stage (4-6 mo)Middle Aged (5-8 yrs)900$1,0001thin
Cow-Calf PairsOpenYoung (2-4 yrs)900$1,3501thin

Every lot, as filed

54 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
HeifersMedium and Large 1Value Added440215.00/cwt215.00–215.009462
HeifersMedium and Large 2365185.00/cwt185.00–185.006751
SteersMedium and Large 2495180.00/cwt180.00–180.008911
SteersMedium and Large 1615200.81/cwt185.00–215.001,2354
SteersMedium and Large 1713179.51/cwt179.00–180.001,2802
SteersMedium and Large 1413239.13/cwt225.00–257.509887
SteersMedium and Large 1329256.71/cwt240.00–277.508457
HeifersMedium and Large 1Value Added520197.88/cwt195.00–201.001,0294
SteersMedium and Large 2385190.00/cwt190.00–190.007321
SteersMedium and Large 2418181.69/cwt180.00–185.007593
SteersMedium and Large 1527221.52/cwt200.00–242.501,1678
SteersMedium and Large 1468242.84/cwt210.00–270.001,1368
SteersMedium and Large 2328191.90/cwt185.00–195.006293
SteersMedium and Large 1371242.37/cwt223.00–252.508999
SteersMedium and Large 1655195.73/cwt185.00–200.001,2824
SteersMedium and Large 1Value Added500245.00/cwt245.00–245.001,2252
SteersMedium and Large 1Value Added333286.53/cwt285.00–288.009544
SteersMedium and Large 1Value Added600215.00/cwt215.00–215.001,2902
SteersMedium and Large 1Value Added583218.72/cwt217.50–220.001,2754
SteersMedium and Large 1865165.00/cwt165.00–165.001,4271
SteersMedium and Large 1568219.46/cwt205.00–255.001,2476
BullsMedium and Large 1735147.53/cwt145.00–150.001,0842
BullsMedium and Large 1595190.00/cwt185.00–195.001,1312
BullsMedium and Large 1890151.00/cwt151.00–151.001,3441
BullsMedium and Large 1618181.19/cwt173.00–190.001,1205
BullsMedium and Large 1750150.00/cwt150.00–150.001,1251
BullsMedium and Large 1660150.00/cwt150.00–150.009901
CowsLean 85-90%79740.66/cwt40.00–42.003243
CowsLean 85-90%96975.21/cwt70.00–78.007296
CowsBreaker 75-80%1,32085.00/cwt85.00–85.001,1221
CowsBoner 80-85%1,14086.79/cwt80.00–91.0098918
CowsBoner 80-85%1,06568.94/cwt65.00–72.007343
Bulls1,56580.00/cwt80.00–80.001,2521
Bulls1,64495.07/cwt90.00–98.001,56310
Stock CowsMedium and Large 1-284189.96/cwt85.00–100.007575
Bred CowsMedium and Large 1-29001,000.00/head1,000.00–1,000.001,0001
Bred CowsMedium and Large 1-21,1121,087.36/head975.00–1,150.001,0873
Cow-Calf PairsMedium and Large 1-29001,350.00/head1,350.00–1,350.001,3501
HeifersMedium and Large 2440180.00/cwt180.00–180.007921
HeifersMedium and Large 1472197.94/cwt190.00–205.009345
HeifersMedium and Large 1Value Added473204.68/cwt204.00–205.009683
HeifersMedium and Large 1Value Added323226.65/cwt220.00–230.007326
BullsMedium and Large 1489197.00/cwt190.00–205.009634
BullsMedium and Large 1825140.00/cwt140.00–140.001,1552
HeifersMedium and Large 1516194.37/cwt185.00–203.001,0034
HeifersMedium and Large 1573181.48/cwt180.00–183.001,0402
HeifersMedium and Large 1760160.00/cwt160.00–160.001,2161
HeifersMedium and Large 2330181.69/cwt178.00–187.006003
HeifersMedium and Large 1417206.04/cwt195.00–216.0085913
HeifersMedium and Large 2500160.00/cwt160.00–160.008001
HeifersMedium and Large 1600175.00/cwt175.00–175.001,0501
HeifersMedium and Large 1373209.14/cwt196.00–232.5078011
HeifersMedium and Large 1325223.93/cwt202.50–234.007288
HeifersMedium and Large 1Value Added553197.99/cwt195.00–201.001,0954

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.