Sale reports / Arkansas / Hope Livestock Auction Inc. / 2023-03-16

Hope Livestock Auction Inc.

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Hope, Arkansas · Thu, Mar 16
● Final75 lots reportedUSDA AMS · slug 2058
Feeder Cattle receipts
871 head
▲ 517 vs last sale 354▲ 261 vs year ago 610 · +42.8%
Slaughter Cattle receipts
156 head
▲ 58 vs last sale 98▲ 81 vs year ago 75 · +108.0%
Replacement Cattle receipts
60 head
▲ 45 vs last sale 15▲ 50 vs year ago 10 · +500.0%
View

Reporter comment USDA

As filed

Compared to last week: Feeder steers 2.00-8.00 lower. Feeder heifers unevenly steady. Slaughter cows 3.00-5.00 higher. Slaughter bulls 2.00-5.00 higher. Some calves with desirable condition and kind broadened the price range of some weight ranges. Quality was average. Buyer participation was active. Stocker cow sale section offered some very attractive females and brought very respectable figures. Sold a video load of home raised steers 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 $215.51/cwt on 174 head.
Average price
$215.51
174 head · 517 lb average
Value per head Derived
$1,115
Price × average weight ÷ 100
Grade differential Derived
$387
per head · Medium and Large 1 over Medium and Large 2
$32.40/cwt at this weight
vs the market
+3.77
vs AR average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1531219.421,166153
Medium and Large 2416187.0277921
One grade step is worth $32.40/cwt here — about $387 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 sale174 hd
215.51
—
AR average11 barns · 2,205 hd
211.75
+3.77
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
Bulls—Average1,53295.091,45622
CowsBoner 80-85%Low1,19191.041,08462
CowsBreaker 75-80%Average1,41088.001,2411thin
CowsLean 85-90%Low94378.0473623

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)1,048$1,3782thin
Bred Cows3rd Stage (7-9 mo)Middle Aged (5-8 yrs)1,085$1,3001thin
Bred Cows2nd Stage (4-6 mo)Middle Aged (5-8 yrs)1,110$1,2636
Bred Cows2nd Stage (4-6 mo)Young (2-4 yrs)960$1,2502thin
Bred Cows3rd Stage (7-9 mo)Aged (>8 yrs)1,130$1,0001thin
Bred Heifers3rd Stage (7-9 mo)Young (2-4 yrs)910$1,9753thin
Bred Heifers2nd Stage (4-6 mo)Young (2-4 yrs)950$1,8502thin
Cow-Calf PairsOpenYoung (2-4 yrs)1,083$1,4595
Cow-Calf PairsOpenMiddle Aged (5-8 yrs)1,254$1,3604thin
Cow-Calf PairsOpenAged (>8 yrs)1,450$1,2752thin
Stock CowsOpen(<2 yrs)615$1,23527

Every lot, as filed

75 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 Added—478242.50/cwt242.50–242.501,1597
SteersMedium and Large 1—621198.22/cwt195.00–205.001,2315
SteersMedium and Large 1—558215.40/cwt207.00–220.001,2025
HeifersMedium and Large 2—430174.15/cwt170.00–180.007496
HeifersMedium and Large 1Value Added—530207.60/cwt204.00–222.501,10035
HeifersMedium and Large 1Value Added—454218.58/cwt215.00–220.009927
SteersMedium and Large 1—410229.23/cwt210.00–265.0094016
SteersMedium and Large 2—377194.05/cwt190.00–197.007325
SteersMedium and Large 1—773174.84/cwt171.00–177.501,3524
HeifersMedium and Large 1—474196.25/cwt188.00–205.0093010
SteersMedium and Large 1Value Added—517233.48/cwt232.50–235.001,2076
SteersMedium and Large 1Value Added—615206.87/cwt203.00–208.001,27218
SteersMedium and Large 1—725180.26/cwt175.00–185.001,3073
SteersMedium and Large 2—422187.91/cwt180.00–195.007935
SteersMedium and Large 2—318193.82/cwt190.00–195.006164
HeifersMedium and Large 1—720155.00/cwt155.00–155.001,1161
SteersMedium and Large 1—1,035147.00/cwt147.00–147.001,5211
SteersMedium and Large 2—473178.08/cwt175.00–180.008425
SteersMedium and Large 1—955140.00/cwt140.00–140.001,3371
SteersMedium and Large 1—370239.92/cwt220.00–285.0088815
SteersMedium and Large 1—515223.12/cwt200.00–245.001,14911
SteersMedium and Large 2—530175.00/cwt175.00–175.009281
SteersMedium and Large 1—319257.69/cwt225.00–310.0082219
SteersMedium and Large 1—916153.86/cwt142.50–164.001,4094
SteersMedium and Large 1—668195.99/cwt194.00–199.001,3093
SteersMedium and Large 1Value Added—569222.78/cwt217.50–230.001,26817
SteersMedium and Large 1Value Added—655198.67/cwt195.00–201.001,3016
SteersMedium and Large 2—580177.00/cwt177.00–177.001,0271
SteersMedium and Large 1—830163.50/cwt157.00–170.001,3572
SteersMedium and Large 1—466221.31/cwt215.00–230.001,0317
SteersMedium and Large 1—865159.64/cwt156.00–165.001,3813
BullsMedium and Large 1—740164.53/cwt160.00–169.001,2182
BullsMedium and Large 1—508196.81/cwt190.00–202.001,0004
BullsMedium and Large 1—632181.68/cwt175.00–185.001,1483
BullsMedium and Large 1—810147.00/cwt147.00–147.001,1911
BullsMedium and Large 1—663176.76/cwt166.00–190.001,1724
BullsMedium and Large 1—768160.21/cwt150.00–173.001,2303
CowsLean 85-90%—82060.00/cwt60.00–60.004922
CowsLean 85-90%—95579.76/cwt70.00–85.0076221
CowsBreaker 75-80%—1,41088.00/cwt88.00–88.001,2411
Bulls——1,59397.26/cwt92.00–107.001,54918
Bulls——1,25585.30/cwt80.00–89.001,0714
CowsBoner 80-85%—1,04174.29/cwt62.00–79.007738
CowsBoner 80-85%—1,224101.29/cwt96.00–107.001,24018
CowsBoner 80-85%—1,20789.64/cwt85.00–95.001,08236
Stock CowsMedium and Large 1-2—900102.01/cwt94.00–107.009186
Stock CowsMedium and Large 1-2Fancy—6151,235.47/head995.00–1,420.001,23527
Cow-Calf PairsMedium and Large 1-2—1,3181,371.30/head1,225.00–1,550.001,3713
Cow-Calf PairsMedium and Large 1-2—1,0601,325.00/head1,325.00–1,325.001,3251
Cow-Calf PairsMedium and Large 1-2—1,0771,553.13/head1,225.00–1,725.001,5533
Bred HeifersMedium and Large 1-2Fancy—9101,975.00/head1,975.00–1,975.001,9753
Bred CowsMedium and Large 1-2—1,0481,377.51/head1,325.00–1,425.001,3782
Bred CowsMedium and Large 1-2—1,1301,000.00/head1,000.00–1,000.001,0001
Bred CowsMedium and Large 1-2—9601,250.00/head1,250.00–1,250.001,2502
Stock CowsMedium and Large 1-2—666185.05/cwt177.00–190.001,2325
Bred HeifersMedium and Large 1Fancy—9501,850.00/head1,850.00–1,850.001,8502
Bred CowsMedium and Large 1-2—1,0851,300.00/head1,300.00–1,300.001,3001
Bred CowsMedium and Large 1-2—1,1101,263.12/head1,100.00–1,375.001,2636
Cow-Calf PairsMedium and Large 1-2—1,4401,250.00/head1,250.00–1,250.001,2501
Cow-Calf PairsMedium and Large 1-2—1,4601,300.00/head1,300.00–1,300.001,3001
Cow-Calf PairsMedium and Large 1-2—1,0931,316.70/head1,225.00–1,400.001,3172
HeifersMedium and Large 1—374215.26/cwt207.00–225.008057
HeifersMedium and Large 2—469169.21/cwt163.00–177.007946
BullsMedium and Large 1—569192.96/cwt187.00–195.001,0984
HeifersMedium and Large 1—569186.04/cwt183.00–190.001,0599
HeifersMedium and Large 1—510190.97/cwt185.00–196.0097410
HeifersMedium and Large 1Value Added—360230.00/cwt230.00–230.008282
HeifersMedium and Large 2—312181.89/cwt175.00–185.005675
HeifersMedium and Large 2—521167.25/cwt155.00–176.008717
HeifersMedium and Large 1Value Added—582193.30/cwt190.00–200.001,1256
HeifersMedium and Large 1—628179.24/cwt175.00–183.001,1264
HeifersMedium and Large 1—653160.04/cwt150.00–170.001,0452
HeifersMedium and Large 2—369184.56/cwt180.00–192.006818
HeifersMedium and Large 1—422205.79/cwt195.00–220.0086823
HeifersMedium and Large 1—311222.75/cwt210.00–237.0069311

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.