Sale reports / Arkansas / Hope Livestock Auction Inc. / 2023-06-01

Hope Livestock Auction Inc.

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Hope, Arkansas · Thu, Jun 1
● Final54 lots reportedUSDA AMS · slug 2058
Feeder Cattle receipts
577 head
3 vs last sale 580 198 vs year ago 379 · +52.2%
Slaughter Cattle receipts
141 head
82 vs last sale 223 17 vs year ago 158 · 10.8%
Replacement Cattle receipts
15 head
25 vs last sale 40 15 vs year ago 0 · no sale a year ago
View

Reporter comment USDA

As filed

Compared to last week: Feeder steers 5.00-15.00 instances 20.00 higher. Feeder heifers 2.00-10.00 higher. Slaughter cows steady to 3.00 higher. Slaughter bulls 2.00-4.00 higher. Quality was average. Most classes were in high demand. Cheaper grain prices, record fat cattle sales and rainfall in needed areas has boosted this cattle market as a whole. Slaughter cattle were higher this week as well.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $238.07/cwt on 110 head.
Average price
$238.07
110 head · 483 lb average
Value per head Derived
$1,149
Price × average weight ÷ 100
Grade differential Derived
$358
per head · Medium and Large 1 over Medium and Large 2
$31.73/cwt at this weight
vs the market
1.31
vs AR average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1500243.841,21990
Medium and Large 2406212.1186120
One grade step is worth $31.73/cwt here — about $358 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 sale110 hd
238.07
AR average10 barns · 1,754 hd
239.38
−1.31
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
BullsLow1,734108.691,88511
CowsBreaker 75-80%Average1,38095.001,3111thin
CowsBoner 80-85%Low1,18194.741,11931
CowsLean 85-90%Low90474.366729thin

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)Young (2-4 yrs)1,230$1,5251thin
Bred Cows2nd Stage (4-6 mo)Middle Aged (5-8 yrs)1,090$1,3102thin
Cow-Calf PairsOpenMiddle Aged (5-8 yrs)1,210$1,7001thin
Cow-Calf PairsOpenYoung (2-4 yrs)1,155$1,6001thin

Every lot, as filed

54 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
BullsMedium and Large 1640203.00/cwt203.00–203.001,2991
HeifersMedium and Large 1Value Added660199.00/cwt199.00–199.001,3132
HeifersMedium and Large 1655181.50/cwt180.00–183.001,1892
HeifersMedium and Large 1920130.00/cwt130.00–130.001,1961
HeifersMedium and Large 2575173.00/cwt173.00–173.009952
HeifersMedium and Large 1477219.65/cwt215.00–227.501,04820
SteersMedium and Large 1875185.00/cwt185.00–185.001,6191
SteersMedium and Large 2319213.31/cwt200.00–225.006805
SteersMedium and Large 2426210.19/cwt205.00–218.008955
SteersMedium and Large 2480212.47/cwt210.00–215.001,0202
SteersMedium and Large 1467245.95/cwt235.00–275.001,14926
SteersMedium and Large 1723206.51/cwt206.00–207.001,4932
SteersMedium and Large 1366267.18/cwt255.00–285.009785
SteersMedium and Large 1526234.01/cwt229.00–242.501,2318
SteersMedium and Large 1315278.35/cwt250.00–302.508778
SteersMedium and Large 2510205.00/cwt200.00–210.001,0463
SteersMedium and Large 1419261.31/cwt245.00–282.501,09513
SteersMedium and Large 2381216.94/cwt210.00–225.008275
SteersMedium and Large 1760190.00/cwt190.00–190.001,4441
SteersMedium and Large 1576228.20/cwt221.00–233.001,31412
SteersMedium and Large 1666229.96/cwt225.00–237.501,5324
SteersMedium and Large 1618227.24/cwt218.00–240.001,40410
BullsMedium and Large 1534214.31/cwt210.00–220.001,1444
BullsMedium and Large 1473221.95/cwt217.00–225.001,0507
BullsMedium and Large 1795170.00/cwt170.00–170.001,3521
BullsMedium and Large 1655190.00/cwt190.00–190.001,2451
BullsMedium and Large 1576207.49/cwt200.00–212.501,1955
CowsLean 85-90%78863.02/cwt60.00–67.004974
CowsLean 85-90%99783.43/cwt80.00–86.008325
CowsBreaker 75-80%1,38095.00/cwt95.00–95.001,3111
CowsBoner 80-85%1,06679.49/cwt78.00–81.008474
CowsBoner 80-85%1,312102.33/cwt102.00–103.001,3433
CowsBoner 80-85%1,18496.33/cwt90.00–100.001,14124
Bulls1,23590.00/cwt90.00–90.001,1121
Bulls2,220120.00/cwt120.00–120.002,6641
Bulls1,736109.51/cwt103.00–114.001,9019
Stock CowsMedium and Large 1-2953102.94/cwt102.00–104.009814
Bred CowsMedium and Large 1-21,0901,310.21/head1,250.00–1,375.001,3102
Bred CowsMedium and Large 1-21,2301,525.00/head1,525.00–1,525.001,5251
Cow-Calf PairsMedium and Large 1-21,1551,600.00/head1,600.00–1,600.001,6001
Cow-Calf PairsMedium and Large 1-21,2101,700.00/head1,700.00–1,700.001,7001
HeifersMedium and Large 2374202.05/cwt195.00–210.007569
HeifersMedium and Large 1559201.73/cwt200.00–207.001,1286
HeifersMedium and Large 1327236.15/cwt230.00–245.0077211
HeifersMedium and Large 1426220.56/cwt217.50–225.009409
HeifersMedium and Large 1509212.57/cwt206.00–220.001,0827
HeifersMedium and Large 1362232.89/cwt220.00–245.0084310
HeifersMedium and Large 2479190.94/cwt190.00–195.009155
HeifersMedium and Large 2525190.00/cwt190.00–190.009981
HeifersMedium and Large 1620195.47/cwt185.00–202.001,2123
HeifersMedium and Large 1720187.92/cwt182.00–194.001,3532
HeifersMedium and Large 2321204.89/cwt200.00–210.006585
HeifersMedium and Large 2431197.81/cwt193.00–201.008534
HeifersMedium and Large 1823166.76/cwt166.00–167.501,3722

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.