Sale reports / Arkansas / Hope Livestock Auction Inc. / 2023-06-08

Hope Livestock Auction Inc.

Feeder Cattle · Replacement Cattle · Hope, Arkansas · Thu, Jun 8
● Final57 lots reportedUSDA AMS · slug 2058
Feeder Cattle receipts
614 head
37 vs last sale 577 198 vs year ago 416 · +47.6%
Replacement Cattle receipts
15 head
0 vs last sale 15 15 vs year ago 0 · no sale a year ago
View

Reporter comment USDA

As filed

Compared to last week: Feeder steers 2.00-10.00 higher. Feeder heifers 2.00-10.00 higher. Slaughter cows steady to 1.00 lower. Slaughter bulls 1.00-2.00 lower. Quality was average. All classes of cattle were in high demand. Record high fat cattle and higher future contracts have spurred buyers to be very aggressive. Next Thursday will be the 3rd Thursday stock cow sale. Many consignments of quality stock cows will be here next week.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $242.70/cwt on 114 head.
Average price
$242.70
114 head · 491 lb average
Value per head Derived
$1,192
Price × average weight ÷ 100
Grade differential Derived
$349
per head · Medium and Large 1 over Medium and Large 2
$36.55/cwt at this weight
vs the market
+1.51
vs AR average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1508250.721,27389
Medium and Large 2431214.1692425
One grade step is worth $36.55/cwt here — about $349 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 sale114 hd
242.70
AR average10 barns · 2,325 hd
241.19
+1.51
A barn can sit above the state average at one weight and below it at another — check the class you actually sell.

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)1,015$1,2751thin
Bred Cows2nd Stage (4-6 mo)Middle Aged (5-8 yrs)1,095$1,2001thin
Cow-Calf PairsOpenYoung (2-4 yrs)1,199$1,6733thin
Cow-Calf PairsOpenMiddle Aged (5-8 yrs)1,363$1,6258

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
HeifersMedium and Large 2307212.98/cwt212.00–215.006543
SteersMedium and Large 1376273.29/cwt255.00–300.001,02815
SteersMedium and Large 1484252.99/cwt240.00–277.501,2247
SteersMedium and Large 1750210.00/cwt210.00–210.001,5751
HeifersMedium and Large 1Value Added684201.77/cwt197.00–205.001,3805
HeifersMedium and Large 1Value Added607206.59/cwt200.00–210.001,2543
HeifersMedium and Large 1673193.16/cwt185.00–207.501,3004
SteersMedium and Large 2563197.49/cwt195.00–200.001,1122
SteersMedium and Large 1322284.87/cwt265.00–307.5091713
SteersMedium and Large 2476212.17/cwt200.00–218.001,0107
SteersMedium and Large 1703218.49/cwt215.00–223.001,5364
SteersMedium and Large 1576235.75/cwt225.00–252.501,35810
SteersMedium and Large 1970185.00/cwt185.00–185.001,7951
SteersMedium and Large 1Value Added532240.65/cwt235.00–245.001,2807
SteersMedium and Large 2512205.02/cwt200.00–210.001,0503
SteersMedium and Large 1665235.00/cwt235.00–235.001,5632
SteersMedium and Large 2330220.60/cwt212.00–225.007283
SteersMedium and Large 1421263.72/cwt240.00–285.001,1108
SteersMedium and Large 2413214.80/cwt205.00–220.008873
SteersMedium and Large 1Value Added587243.94/cwt237.50–252.501,4325
SteersMedium and Large 1Value Added615241.00/cwt241.00–241.001,4821
SteersMedium and Large 1528239.38/cwt232.00–247.501,2646
BullsMedium and Large 1830177.50/cwt177.50–177.501,4731
BullsMedium and Large 1910157.50/cwt157.50–157.501,4331
BullsMedium and Large 1668193.09/cwt179.00–210.001,2903
BullsMedium and Large 1524219.32/cwt210.00–225.001,1494
BullsMedium and Large 1463230.62/cwt215.00–240.001,06811
BullsMedium and Large 1728198.21/cwt173.00–207.001,4436
Bred CowsMedium and Large 1-21,0951,200.00/head1,200.00–1,200.001,2001
Bred CowsMedium and Large 1-21,0151,275.00/head1,275.00–1,275.001,2751
Cow-Calf PairsMedium and Large 1-21,0931,634.44/head1,550.00–1,700.001,6342
Cow-Calf PairsMedium and Large 1-21,6131,865.12/head1,750.00–1,975.001,8652
Cow-Calf PairsMedium and Large 1-21,2801,544.95/head1,400.00–1,700.001,5456
Cow-Calf PairsMedium and Large 1-21,4101,750.00/head1,750.00–1,750.001,7501
HeifersMedium and Large 1521214.87/cwt210.00–220.001,11915
HeifersMedium and Large 1567208.12/cwt200.00–220.001,18011
HeifersMedium and Large 2363203.67/cwt200.00–215.007394
HeifersMedium and Large 1618195.85/cwt182.50–207.501,2106
HeifersMedium and Large 1785165.00/cwt165.00–165.001,2951
HeifersMedium and Large 1Fleshy565202.00/cwt202.00–202.001,1411
HeifersMedium and Large 2555175.00/cwt175.00–175.009711
HeifersMedium and Large 2520189.90/cwt180.00–195.009874
HeifersMedium and Large 1480220.54/cwt215.00–232.001,0598
HeifersMedium and Large 1Fleshy530210.00/cwt210.00–210.001,1131
BullsMedium and Large 1618205.28/cwt190.00–217.501,2695
BullsMedium and Large 1567210.56/cwt200.00–220.001,19411
SteersMedium and Large 1890192.00/cwt192.00–192.001,7091
SteersMedium and Large 1609232.07/cwt220.00–243.001,4135
HeifersMedium and Large 1Value Added510227.62/cwt223.00–230.001,1613
HeifersMedium and Large 1738180.02/cwt175.00–185.001,3292
HeifersMedium and Large 1426226.10/cwt217.00–234.0096319
HeifersMedium and Large 1324240.66/cwt232.50–250.007807
SteersMedium and Large 2366221.81/cwt210.00–232.008127
SteersMedium and Large 1803207.48/cwt202.50–212.501,6662
SteersMedium and Large 11,000185.00/cwt185.00–185.001,8501
HeifersMedium and Large 1365233.37/cwt221.00–240.008525
HeifersMedium and Large 2460193.30/cwt190.00–195.008893

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.