Sale reports / Arkansas / Hope Livestock Auction Inc. / 2023-05-04

Hope Livestock Auction Inc.

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Hope, Arkansas · Thu, May 4
● Final58 lots reportedUSDA AMS · slug 2058
Feeder Cattle receipts
583 head
▲ 160 vs last sale 423▲ 137 vs year ago 446 · +30.7%
Slaughter Cattle receipts
136 head
▲ 0 vs last sale 136▲ 6 vs year ago 130 · +4.6%
Replacement Cattle receipts
10 head
▼ 5 vs last sale 15▲ 0 vs year ago 10 · +0.0%
View

Reporter comment USDA

As filed

Compared to last week: Feeder steers under 450 lbs 10.00-12.00 lower; over 450 lbs 2.00-8.00 lower. Feeder heifers 2.00-5.00 lower. Slaughter cows 2.00 lower. Slaughter bulls steady. Quality was average. Numerous new crop fleshy calves coming to town. Not as much demand for these type calves. Slaughter cattle market still strong.

Weight class

Heifers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb heifers averaged $201.96/cwt on 142 head.
Average price
$201.96
142 head · 491 lb average
Value per head Derived
$991
Price × average weight ÷ 100
Grade differential Derived
$258
per head · Medium and Large 1 over Medium and Large 2
$26.00/cwt at this weight
vs the market
−3.12
vs AR average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1500205.251,025124
Medium and Large 2428179.2576818thin
One grade step is worth $26.00/cwt here — about $258 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 sale142 hd
201.96
—
AR average10 barns · 1,849 hd
205.08
−3.12
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—Low1,64197.781,6057thin
CowsBoner 80-85%Low1,21687.601,06543
CowsBreaker 75-80%Average1,47585.071,2553thin
CowsLean 85-90%High95076.9673123

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)1,195$1,1851thin
Cow-Calf PairsOpenMiddle Aged (5-8 yrs)1,475$1,5001thin

Every lot, as filed

58 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
Bulls——1,06087.00/cwt87.00–87.009221
SteersMedium and Large 1—675195.00/cwt195.00–195.001,3161
HeifersMedium and Large 1Value Added—507213.63/cwt206.00–220.001,08318
HeifersMedium and Large 2—375183.78/cwt180.00–185.006894
SteersMedium and Large 2—369193.89/cwt185.00–200.007155
SteersMedium and Large 1—637202.84/cwt194.00–211.001,2925
SteersMedium and Large 2—320203.64/cwt190.00–215.006527
SteersMedium and Large 1Value Added—557232.98/cwt225.00–237.001,2983
HeifersMedium and Large 2—425181.34/cwt175.00–185.007714
SteersMedium and Large 1Fleshy—519205.55/cwt200.00–210.001,0675
SteersMedium and Large 1—470227.59/cwt215.00–235.001,0705
SteersMedium and Large 1—568215.99/cwt210.00–227.501,2278
SteersMedium and Large 2—416189.92/cwt185.00–195.007904
SteersMedium and Large 2—465185.15/cwt180.00–190.008615
HeifersMedium and Large 2—455178.00/cwt178.00–178.008102
SteersMedium and Large 1—372231.48/cwt227.00–240.008615
SteersMedium and Large 1—706195.48/cwt190.00–205.001,3804
SteersMedium and Large 1—415226.03/cwt220.00–230.009385
SteersMedium and Large 1Value Added—495247.00/cwt247.00–247.001,2233
SteersMedium and Large 1—895173.00/cwt173.00–173.001,5481
SteersMedium and Large 1Fleshy—575190.00/cwt190.00–190.001,0931
SteersMedium and Large 1—511224.55/cwt213.00–229.001,14718
SteersMedium and Large 1—328240.03/cwt235.00–247.507875
SteersMedium and Large 2—522179.87/cwt175.00–185.009396
BullsMedium and Large 1—780174.00/cwt174.00–174.001,3571
BullsMedium and Large 1—675181.00/cwt181.00–181.001,2221
BullsMedium and Large 1—600184.50/cwt179.00–190.001,1072
BullsMedium and Large 1—472207.61/cwt205.00–215.009806
BullsMedium and Large 1—590182.00/cwt182.00–182.001,0741
BullsMedium and Large 1Fleshy—465205.00/cwt205.00–205.009531
CowsBreaker 75-80%—1,47585.07/cwt83.00–88.001,2553
CowsBoner 80-85%—1,06574.50/cwt70.00–78.007934
Bulls——1,73899.58/cwt94.00–104.001,7316
CowsLean 85-90%—1,03386.03/cwt85.00–87.008894
CowsLean 85-90%—97979.38/cwt74.00–84.0077715
CowsLean 85-90%—75658.80/cwt54.00–62.004454
CowsBoner 80-85%—1,34796.94/cwt96.00–98.001,3063
CowsBoner 80-85%—1,22288.28/cwt83.00–94.001,07936
Stock CowsMedium and Large 1-2—85595.03/cwt90.00–100.008132
Bred CowsMedium and Large 1-2—1,1951,185.00/head1,185.00–1,185.001,1851
Cow-Calf PairsMedium and Large 1-2—1,4751,500.00/head1,500.00–1,500.001,5001
HeifersMedium and Large 1—513200.54/cwt186.00–209.001,02920
HeifersMedium and Large 1—577192.37/cwt185.00–201.001,11015
HeifersMedium and Large 1—419212.76/cwt200.00–225.0089113
HeifersMedium and Large 1Fleshy—455190.00/cwt190.00–190.008651
BullsMedium and Large 1—710175.00/cwt175.00–175.001,2431
BullsMedium and Large 1—529200.61/cwt194.00–210.001,0617
HeifersMedium and Large 1—472207.84/cwt193.00–213.0098119
HeifersMedium and Large 2—575170.00/cwt170.00–170.009781
HeifersMedium and Large 1—616188.51/cwt184.00–196.001,16110
HeifersMedium and Large 1—315229.95/cwt227.50–232.507244
HeifersMedium and Large 2—511172.51/cwt170.00–175.008824
HeifersMedium and Large 2—327183.32/cwt180.00–185.005993
HeifersMedium and Large 1—371219.00/cwt210.00–228.008127
HeifersMedium and Large 1—820165.00/cwt165.00–165.001,3531
HeifersMedium and Large 1Value Added—475213.43/cwt210.00–214.001,01414
HeifersMedium and Large 1—880140.00/cwt140.00–140.001,2321
HeifersMedium and Large 1—670174.00/cwt174.00–174.001,1661

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.