Sale reports / Arkansas / Hope Livestock Auction Inc. / 2023-04-06

Hope Livestock Auction Inc.

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Hope, Arkansas · Thu, Apr 6
● Final57 lots reportedUSDA AMS · slug 2058
Feeder Cattle receipts
389 head
▼ 196 vs last sale 585▼ 443 vs year ago 832 · −53.2%
Slaughter Cattle receipts
73 head
▼ 51 vs last sale 124▼ 71 vs year ago 144 · −49.3%
Replacement Cattle receipts
10 head
▼ 10 vs last sale 20▼ 30 vs year ago 40 · −75.0%
View

Reporter comment USDA

As filed

Compared to last week: Feeder steers 2.00-5.00 higher with 500lb-600lb as much as 15.00-20.00 higher. Feeder heifers steady to 4.00 lower. Slaughter cows steady to 1.00 lower. Slaughter bulls 1.00-3.00 lower. Quality was average. Market still strong on most classes of cattle. Limited receipts this week due to wet weather. Sold a video load 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 $215.78/cwt on 91 head.
Average price
$215.78
91 head · 509 lb average
Value per head Derived
$1,098
Price × average weight ÷ 100
Grade differential Derived
$378
per head · Medium and Large 1 over Medium and Large 2
$32.16/cwt at this weight
vs the market
−10.90
vs AR average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1526220.731,16177
Medium and Large 2415188.5778314thin
One grade step is worth $32.16/cwt here — about $378 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 sale91 hd
215.78
—
AR average9 barns · 1,151 hd
226.68
−10.90
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—Average1,65798.731,6366thin
CowsBoner 80-85%High1,15692.171,06526
CowsLean 85-90%Low95977.737466thin

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)915$1,2251thin
Cow-Calf PairsOpenMiddle Aged (5-8 yrs)1,373$1,4602thin

Every lot, as filed

57 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 2—535170.00/cwt170.00–170.009101
HeifersMedium and Large 1—309209.41/cwt204.00–217.006476
HeifersMedium and Large 2—640140.00/cwt140.00–140.008961
HeifersMedium and Large 2—378180.00/cwt180.00–180.006804
SteersMedium and Large 1—918152.49/cwt150.00–155.001,4002
SteersMedium and Large 2—468188.31/cwt185.00–190.008813
SteersMedium and Large 2—317196.63/cwt195.00–200.006233
HeifersMedium and Large 1—685181.25/cwt180.00–182.501,2422
HeifersMedium and Large 1Value Added—355227.50/cwt227.50–227.508081
HeifersMedium and Large 1—860130.00/cwt130.00–130.001,1181
SteersMedium and Large 1Value Added—473243.70/cwt242.50–245.001,1532
SteersMedium and Large 1Value Added—560235.00/cwt235.00–235.001,3161
HeifersMedium and Large 1—840135.00/cwt135.00–135.001,1341
SteersMedium and Large 1—783173.41/cwt166.00–181.001,3584
SteersMedium and Large 1Value Added—518232.66/cwt227.50–240.001,2053
SteersMedium and Large 1—673194.25/cwt187.00–203.001,3073
SteersMedium and Large 1—519225.28/cwt210.00–245.001,16917
SteersMedium and Large 1—309244.13/cwt230.00–257.507545
SteersMedium and Large 1—577222.45/cwt215.00–227.501,2843
SteersMedium and Large 1—377246.77/cwt230.00–260.009303
SteersMedium and Large 1—417235.52/cwt220.00–260.0098210
BullsMedium and Large 1—625192.56/cwt190.00–195.001,2042
SteersMedium and Large 1—709189.89/cwt185.00–197.501,3465
SteersMedium and Large 2—370200.00/cwt200.00–200.007401
BullsMedium and Large 1—530196.71/cwt195.00–200.001,0433
BullsMedium and Large 1—458199.98/cwt195.00–205.009163
BullsMedium and Large 1—820132.00/cwt132.00–132.001,0821
BullsMedium and Large 1—676178.73/cwt170.00–185.001,2084
BullsMedium and Large 1—780170.00/cwt170.00–170.001,3261
BullsMedium and Large 1—715180.00/cwt180.00–180.001,2871
CowsLean 85-90%—84065.00/cwt65.00–65.005461
CowsLean 85-90%—98380.28/cwt77.00–85.007895
Bulls——1,65798.73/cwt94.00–103.001,6366
CowsBoner 80-85%—1,090101.31/cwt101.00–102.001,1043
CowsBoner 80-85%—1,18093.37/cwt87.00–99.001,10220
CowsBoner 80-85%—1,05875.00/cwt75.00–75.007943
Stock CowsMedium and Large 1-2—815111.00/cwt111.00–111.009051
Bred CowsMedium and Large 1-2—9151,225.00/head1,225.00–1,225.001,2251
Cow-Calf PairsMedium and Large 1-2—1,3731,460.00/head1,410.00–1,500.001,4602
BullsMedium and Large 1—581192.37/cwt185.00–200.001,1184
HeifersMedium and Large 2—555170.00/cwt170.00–170.009441
HeifersMedium and Large 2—440173.32/cwt170.00–177.007633
HeifersMedium and Large 1Value Added—520197.21/cwt195.00–200.001,0254
HeifersMedium and Large 1—420201.59/cwt190.00–209.0084712
HeifersMedium and Large 2—524170.73/cwt165.00–177.008954
HeifersMedium and Large 1—463196.29/cwt186.00–205.009097
HeifersMedium and Large 1Value Added—470205.00/cwt205.00–205.009641
HeifersMedium and Large 1—705158.00/cwt158.00–158.001,1141
HeifersMedium and Large 1—577185.35/cwt183.00–189.001,0696
SteersMedium and Large 1—470227.82/cwt200.00–253.001,07115
HeifersMedium and Large 1—526193.16/cwt190.00–199.001,0166
HeifersMedium and Large 1—369205.65/cwt200.00–222.5075916
HeifersMedium and Large 2—325180.00/cwt180.00–180.005852
HeifersMedium and Large 1—621178.58/cwt175.00–181.001,1097
HeifersMedium and Large 2—465175.75/cwt170.00–180.008173
SteersMedium and Large 1—614203.62/cwt197.00–207.501,2504
SteersMedium and Large 2—426185.85/cwt180.00–190.007926

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.