Sale reports / Arkansas / Hope Livestock Auction Inc. / 2023-03-23

Hope Livestock Auction Inc.

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Hope, Arkansas · Thu, Mar 23
● Final56 lots reportedUSDA AMS · slug 2058
Feeder Cattle receipts
564 head
▼ 307 vs last sale 871▲ 36 vs year ago 528 · +6.8%
Slaughter Cattle receipts
159 head
▲ 3 vs last sale 156▲ 79 vs year ago 80 · +98.8%
Replacement Cattle receipts
12 head
▼ 48 vs last sale 60▲ 2 vs year ago 10 · +20.0%
View

Reporter comment USDA

As filed

Compared to last week: Feeder steers 3.00-10.00 lower. Feeder heifers 4.00-11.00 lower. Slaughter cows steady to 2.00 higher. Slaughter bulls steady. Quality was average to plain. Buyers were not as aggressive as last week on the calves and yearling cattle. Slaughter cattle still have a strong demand.

Weight class

Heifers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb heifers averaged $188.61/cwt on 109 head.
Average price
$188.61
109 head · 470 lb average
Value per head Derived
$887
Price × average weight ÷ 100
Grade differential Derived
$183
per head · Medium and Large 1 over Medium and Large 2
$20.29/cwt at this weight
vs the market
−2.58
vs AR average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1482193.2693184
Medium and Large 2432172.9774725
One grade step is worth $20.29/cwt here — about $183 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 sale109 hd
188.61
—
AR average10 barns · 1,362 hd
191.19
−2.58
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—Low1,66294.781,57512
CowsBreaker 75-80%Average1,47390.551,3343thin
CowsBoner 80-85%High1,15888.381,02447
CowsLean 85-90%Low92973.5168313

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)1,060$1,0742thin
Cow-Calf PairsOpenMiddle Aged (5-8 yrs)1,323$1,3682thin
Cow-Calf PairsOpenAged (>8 yrs)1,140$1,0501thin

Every lot, as filed

56 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 1—670192.50/cwt192.50–192.501,2901
HeifersMedium and Large 1Value Added—670155.00/cwt155.00–155.001,0392
SteersMedium and Large 2—314197.26/cwt185.00–210.006198
SteersMedium and Large 1—316257.48/cwt242.50–277.5081412
SteersMedium and Large 2—356186.23/cwt185.00–190.006634
SteersMedium and Large 1—615205.50/cwt195.00–212.501,2649
SteersMedium and Large 1—567212.97/cwt205.00–219.001,2088
SteersMedium and Large 1—511219.26/cwt207.50–232.501,1207
HeifersMedium and Large 1Value Added—435206.00/cwt206.00–206.008962
HeifersMedium and Large 1Value Added—310227.50/cwt227.50–227.507052
HeifersMedium and Large 1Value Added—368224.88/cwt222.50–227.508284
HeifersMedium and Large 2—570157.95/cwt156.00–160.009002
HeifersMedium and Large 1—710140.00/cwt140.00–140.009941
HeifersMedium and Large 1—318214.56/cwt200.00–230.006829
SteersMedium and Large 1—475209.03/cwt208.00–210.009932
SteersMedium and Large 1—417228.07/cwt220.00–250.0095111
SteersMedium and Large 2—410182.86/cwt177.50–190.007506
SteersMedium and Large 1—865170.00/cwt170.00–170.001,4711
SteersMedium and Large 2—525170.97/cwt170.00–172.008984
SteersMedium and Large 2—469180.97/cwt180.00–185.008495
SteersMedium and Large 1—369232.99/cwt220.00–245.0086010
SteersMedium and Large 1Value Added—420227.50/cwt227.50–227.509562
BullsMedium and Large 1—516190.70/cwt185.00–195.009844
BullsMedium and Large 1—580193.21/cwt188.00–195.001,1215
BullsMedium and Large 1—470203.07/cwt195.00–215.009544
BullsMedium and Large 1—717161.52/cwt155.00–173.001,1585
BullsMedium and Large 1—682168.35/cwt155.00–180.001,1483
BullsMedium and Large 1—755165.00/cwt165.00–165.001,2461
CowsLean 85-90%—79754.57/cwt45.00–60.004353
CowsLean 85-90%—96879.19/cwt74.00–83.0076710
CowsBreaker 75-80%—1,47390.55/cwt87.00–93.001,3343
CowsBoner 80-85%—1,242102.96/cwt98.00–110.001,2795
Bulls——1,46881.66/cwt80.00–83.001,1993
Bulls——1,72699.16/cwt97.00–105.001,7129
CowsBoner 80-85%—1,19190.63/cwt85.00–97.001,07931
CowsBoner 80-85%—1,02875.41/cwt70.00–79.0077511
Bred CowsMedium and Large 1-2—1,0601,074.06/head1,050.00–1,100.001,0742
Cow-Calf PairsMedium and Large 1-2—1,3851,475.00/head1,475.00–1,475.001,4751
Cow-Calf PairsMedium and Large 1-2—1,2601,260.00/head1,260.00–1,260.001,2601
Cow-Calf PairsMedium and Large 1-2—1,1401,050.00/head1,050.00–1,050.001,0501
HeifersMedium and Large 1—370207.49/cwt200.00–220.007686
HeifersMedium and Large 1—661150.26/cwt147.50–156.009935
HeifersMedium and Large 2—468169.36/cwt165.00–180.007936
BullsMedium and Large 1—629182.63/cwt170.00–191.001,1496
HeifersMedium and Large 1Value Added—471199.29/cwt195.00–202.009394
HeifersMedium and Large 1Value Added—795150.00/cwt150.00–150.001,1932
HeifersMedium and Large 2—526161.02/cwt150.00–168.008475
HeifersMedium and Large 2—320184.17/cwt180.00–187.005897
HeifersMedium and Large 1—423201.55/cwt191.00–210.0085313
HeifersMedium and Large 1Value Added—510193.65/cwt193.00–195.009883
HeifersMedium and Large 1—620167.42/cwt155.00–177.001,0383
HeifersMedium and Large 2—365182.43/cwt180.00–185.006662
HeifersMedium and Large 1—523189.85/cwt180.00–210.009939
HeifersMedium and Large 1—471198.65/cwt189.00–212.509369
HeifersMedium and Large 2—417177.71/cwt175.00–180.007413
HeifersMedium and Large 1—574179.33/cwt175.00–184.001,02910

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.