Sale reports / Arkansas / Hope Livestock Auction Inc. / 2023-04-13

Hope Livestock Auction Inc.

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Hope, Arkansas · Thu, Apr 13
● Final65 lots reportedUSDA AMS · slug 2058
Feeder Cattle receipts
761 head
372 vs last sale 389 452 vs year ago 309 · +146.3%
Slaughter Cattle receipts
140 head
67 vs last sale 73 53 vs year ago 87 · +60.9%
Replacement Cattle receipts
15 head
5 vs last sale 10 5 vs year ago 20 · 25.0%
View

Reporter comment USDA

As filed

Compared to last week: Feeder steers 3.00-10.00 higher. Feeder heifers 5.00-10.00 instances 15.00 higher. Slaughter cows steady. Slaughter bulls steady to 2.00 higher. Quality was average. Buyer were aggressive on most classes of cattle. Cattle in good grazing condition were in high demand. Recent record highs in the fat cattle market has helped set a higher tone in the calf market. Next week will be the 3rd Thursday special stock cow sale. Expecting 200+ stock cows in addition to the regular weekly run.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $225.81/cwt on 153 head.
Average price
$225.81
153 head · 514 lb average
Value per head Derived
$1,160
Price × average weight ÷ 100
Grade differential Derived
$361
per head · Medium and Large 1 over Medium and Large 2
$37.47/cwt at this weight
vs the market
4.57
vs AR average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1521229.241,195139
Medium and Large 2435191.7783414thin
One grade step is worth $37.47/cwt here — about $361 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 sale153 hd
225.81
AR average10 barns · 1,547 hd
230.38
−4.57
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
BullsLow1,78899.081,7716thin
CowsBoner 80-85%Low1,15693.341,07943
CowsLean 85-90%Low89577.4969423

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)1,105$1,4501thin
Cow-Calf PairsOpenMiddle Aged (5-8 yrs)1,215$1,4554thin
Cow-Calf PairsOpenYoung (2-4 yrs)975$1,2502thin

Every lot, as filed

65 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 Added543207.49/cwt205.00–210.001,1274
HeifersMedium and Large 1Value Added468220.02/cwt212.50–225.001,03010
HeifersMedium and Large 1Value Added416232.93/cwt222.50–242.0096910
SteersMedium and Large 2324207.49/cwt205.00–210.006724
SteersMedium and Large 1328263.29/cwt245.00–290.0086410
HeifersMedium and Large 1Value Added575207.50/cwt207.50–207.501,1932
SteersMedium and Large 2413195.00/cwt195.00–195.008053
SteersMedium and Large 1905172.00/cwt172.00–172.001,5572
SteersMedium and Large 1850170.00/cwt170.00–170.001,4451
SteersMedium and Large 1Value Added445250.00/cwt250.00–250.001,1132
SteersMedium and Large 1377252.63/cwt225.00–275.0095212
SteersMedium and Large 1566224.89/cwt215.00–235.001,2734
SteersMedium and Large 1669202.18/cwt197.00–217.501,3534
SteersMedium and Large 1614212.11/cwt200.00–222.501,3024
SteersMedium and Large 2472184.98/cwt180.00–190.008733
SteersMedium and Large 1Value Added563234.97/cwt232.50–242.501,3234
SteersMedium and Large 1472238.66/cwt220.00–262.501,12623
SteersMedium and Large 1523234.03/cwt210.00–250.001,22414
SteersMedium and Large 1710186.00/cwt186.00–186.001,3211
SteersMedium and Large 1813175.80/cwt172.00–182.501,4293
SteersMedium and Large 1421241.28/cwt220.00–262.501,01624
SteersMedium and Large 1Value Added607214.68/cwt209.00–217.501,30310
SteersMedium and Large 1775179.00/cwt179.00–179.001,3871
SteersMedium and Large 1Value Added513232.49/cwt225.00–235.001,1934
SteersMedium and Large 1Value Added705195.00/cwt195.00–195.001,37512
SteersMedium and Large 1Value Added673205.99/cwt198.00–213.001,3864
HeifersMedium and Large 1417221.32/cwt205.00–240.0092313
BullsMedium and Large 1629191.02/cwt185.00–195.001,2026
BullsMedium and Large 1472206.23/cwt200.00–211.009739
BullsMedium and Large 1568192.49/cwt185.00–205.001,0935
BullsMedium and Large 1535191.27/cwt190.00–192.501,0232
BullsMedium and Large 1785174.00/cwt174.00–174.001,3661
Bulls1,35087.00/cwt87.00–87.001,1751
CowsLean 85-90%79364.42/cwt58.00–69.005116
CowsLean 85-90%93182.10/cwt78.00–87.0076417
CowsBoner 80-85%1,03276.21/cwt74.00–79.007865
CowsBoner 80-85%1,137101.88/cwt99.00–108.001,1589
CowsBoner 80-85%1,18493.64/cwt88.00–98.001,10929
Bulls1,875101.50/cwt99.00–105.001,9035
Bred CowsMedium and Large 1-21,1051,450.00/head1,450.00–1,450.001,4501
Cow-Calf PairsMedium and Large 1-21,0001,350.00/head1,350.00–1,350.001,3501
Cow-Calf PairsMedium and Large 1-29501,150.00/head1,150.00–1,150.001,1501
Cow-Calf PairsMedium and Large 1-21,3551,600.00/head1,600.00–1,600.001,6001
Cow-Calf PairsMedium and Large 1-21,1681,406.88/head1,125.00–1,525.001,4073
HeifersMedium and Large 2523172.49/cwt170.00–175.009022
HeifersMedium and Large 2435183.54/cwt178.00–190.007985
HeifersMedium and Large 2468174.68/cwt174.00–175.008183
HeifersMedium and Large 1663178.74/cwt174.00–187.001,1853
HeifersMedium and Large 1713173.56/cwt170.00–177.001,2372
HeifersMedium and Large 1468209.99/cwt198.00–225.0098321
HeifersMedium and Large 1778161.26/cwt160.00–162.501,2552
HeifersMedium and Large 2357194.93/cwt190.00–200.006963
HeifersMedium and Large 1568196.15/cwt185.00–215.001,11411
HeifersMedium and Large 2320189.75/cwt178.00–197.006074
HeifersMedium and Large 2578156.53/cwt155.00–158.009052
HeifersMedium and Large 1320225.55/cwt210.00–242.507228
HeifersMedium and Large 1Value Added610196.18/cwt192.50–200.001,1977
HeifersMedium and Large 1Value Added680185.00/cwt185.00–185.001,2582
HeifersMedium and Large 1616185.47/cwt177.00–195.001,1424
HeifersMedium and Large 1Value Added375231.00/cwt231.00–231.008662
HeifersMedium and Large 1519203.73/cwt192.50–215.001,0579
HeifersMedium and Large 1374222.37/cwt215.00–245.008328
SteersMedium and Large 2595175.00/cwt175.00–175.001,0411
SteersMedium and Large 2515179.95/cwt175.00–185.009273
HeifersMedium and Large 1865135.00/cwt135.00–135.001,1681

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.