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
Bulls—Low1,734108.691,88511
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 1—640203.00/cwt203.00–203.001,2991
HeifersMedium and Large 1Value Added—660199.00/cwt199.00–199.001,3132
HeifersMedium and Large 1—655181.50/cwt180.00–183.001,1892
HeifersMedium and Large 1—920130.00/cwt130.00–130.001,1961
HeifersMedium and Large 2—575173.00/cwt173.00–173.009952
HeifersMedium and Large 1—477219.65/cwt215.00–227.501,04820
SteersMedium and Large 1—875185.00/cwt185.00–185.001,6191
SteersMedium and Large 2—319213.31/cwt200.00–225.006805
SteersMedium and Large 2—426210.19/cwt205.00–218.008955
SteersMedium and Large 2—480212.47/cwt210.00–215.001,0202
SteersMedium and Large 1—467245.95/cwt235.00–275.001,14926
SteersMedium and Large 1—723206.51/cwt206.00–207.001,4932
SteersMedium and Large 1—366267.18/cwt255.00–285.009785
SteersMedium and Large 1—526234.01/cwt229.00–242.501,2318
SteersMedium and Large 1—315278.35/cwt250.00–302.508778
SteersMedium and Large 2—510205.00/cwt200.00–210.001,0463
SteersMedium and Large 1—419261.31/cwt245.00–282.501,09513
SteersMedium and Large 2—381216.94/cwt210.00–225.008275
SteersMedium and Large 1—760190.00/cwt190.00–190.001,4441
SteersMedium and Large 1—576228.20/cwt221.00–233.001,31412
SteersMedium and Large 1—666229.96/cwt225.00–237.501,5324
SteersMedium and Large 1—618227.24/cwt218.00–240.001,40410
BullsMedium and Large 1—534214.31/cwt210.00–220.001,1444
BullsMedium and Large 1—473221.95/cwt217.00–225.001,0507
BullsMedium and Large 1—795170.00/cwt170.00–170.001,3521
BullsMedium and Large 1—655190.00/cwt190.00–190.001,2451
BullsMedium and Large 1—576207.49/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
Bulls——1,23590.00/cwt90.00–90.001,1121
Bulls——2,220120.00/cwt120.00–120.002,6641
Bulls——1,736109.51/cwt103.00–114.001,9019
Stock CowsMedium and Large 1-2—953102.94/cwt102.00–104.009814
Bred CowsMedium and Large 1-2—1,0901,310.21/head1,250.00–1,375.001,3102
Bred CowsMedium and Large 1-2—1,2301,525.00/head1,525.00–1,525.001,5251
Cow-Calf PairsMedium and Large 1-2—1,1551,600.00/head1,600.00–1,600.001,6001
Cow-Calf PairsMedium and Large 1-2—1,2101,700.00/head1,700.00–1,700.001,7001
HeifersMedium and Large 2—374202.05/cwt195.00–210.007569
HeifersMedium and Large 1—559201.73/cwt200.00–207.001,1286
HeifersMedium and Large 1—327236.15/cwt230.00–245.0077211
HeifersMedium and Large 1—426220.56/cwt217.50–225.009409
HeifersMedium and Large 1—509212.57/cwt206.00–220.001,0827
HeifersMedium and Large 1—362232.89/cwt220.00–245.0084310
HeifersMedium and Large 2—479190.94/cwt190.00–195.009155
HeifersMedium and Large 2—525190.00/cwt190.00–190.009981
HeifersMedium and Large 1—620195.47/cwt185.00–202.001,2123
HeifersMedium and Large 1—720187.92/cwt182.00–194.001,3532
HeifersMedium and Large 2—321204.89/cwt200.00–210.006585
HeifersMedium and Large 2—431197.81/cwt193.00–201.008534
HeifersMedium and Large 1—823166.76/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.