Sale reports / Arkansas / Hope Livestock Auction Inc. / 2023-06-15

Hope Livestock Auction Inc.

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Hope, Arkansas · Thu, Jun 15
● Final77 lots reportedUSDA AMS · slug 2058
Feeder Cattle receipts
886 head
▲ 272 vs last sale 614▲ 470 vs year ago 416 · +113.0%
Slaughter Cattle receipts
360 head
▲ 183 vs last sale 177▲ 254 vs year ago 106 · +239.6%
Replacement Cattle receipts
160 head
▲ 145 vs last sale 15▲ 160 vs year ago 0 · no sale a year ago
View

Reporter comment USDA

As filed

Compared to last week: Feeder steers 8.00-12.00 lower. Feeder heifers under 600 lbs. 5.00-12.00 lower; over 600 lbs. 2.00-12.00 higher. Slaughter cows 3.00-5.00 lower. Slaughter bulls 2.00 lower. Quality was average. Market was softer in most spots this week. Had a nice offering of replacement cattle for the third Thursday stock cow special.

Weight class

Heifers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb heifers averaged $205.26/cwt on 126 head.
Average price
$205.26
126 head · 515 lb average
Value per head Derived
$1,058
Price × average weight ÷ 100
Grade differential Derived
$204
per head · Medium and Large 1 over Medium and Large 2
$24.80/cwt at this weight
vs the market
−6.74
vs AR average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1521208.611,086109
Medium and Large 2480183.8188217thin
One grade step is worth $24.80/cwt here — about $204 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 sale126 hd
205.26
—
AR average10 barns · 1,995 hd
212.00
−6.74
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—High1,620100.301,62512
CowsBreaker 75-80%Average1,47088.841,3066thin
CowsBoner 80-85%High1,14187.891,00291
CowsLean 85-90%Low96876.5674143

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 Cows1st Stage (1-3 mo)Middle Aged (5-8 yrs)1,035$1,4701thin
Bred Cows3rd Stage (7-9 mo)Young (2-4 yrs)1,200$1,3501thin
Bred Cows2nd Stage (4-6 mo)Middle Aged (5-8 yrs)1,092$1,34026
Bred Cows1st Stage (1-3 mo)Young (2-4 yrs)1,095$1,3075
Bred Cows2nd Stage (4-6 mo)Young (2-4 yrs)1,045$1,29111
Bred Heifers2nd Stage (4-6 mo)Young (2-4 yrs)985$1,8751thin
Bred Heifers2nd Stage (4-6 mo)(<2 yrs)975$1,6252thin
Bred Heifers1st Stage (1-3 mo)(<2 yrs)905$1,4251thin
Cow-Calf PairsOpenYoung (2-4 yrs)1,112$1,68928
Cow-Calf PairsOpenMiddle Aged (5-8 yrs)1,128$1,52217
Cow-Calf Pairs1st/2nd Stage (1-6 mo)Middle Aged (5-8 yrs)1,185$1,4501thin
Cow-Calf PairsOpenAged (>8 yrs)1,163$1,2894thin

Every lot, as filed

77 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
CowsBreaker 75-80%—1,47088.84/cwt87.00–91.001,3066
CowsBoner 80-85%—1,189101.66/cwt98.00–106.001,2094
CowsBoner 80-85%—1,17491.49/cwt88.00–96.001,07460
CowsLean 85-90%—81260.32/cwt57.00–68.0049010
CowsLean 85-90%—1,08185.71/cwt85.00–87.0092710
CowsLean 85-90%—98779.65/cwt76.00–84.0078623
CowsBoner 80-85%—1,05977.86/cwt74.00–82.0082527
Bulls——1,650112.00/cwt112.00–112.001,8481
Bulls——1,732105.02/cwt103.00–107.001,8197
Bulls——1,41789.10/cwt85.00–92.001,2634
Bred CowsMedium and Large 1-2—1,0951,307.08/head1,050.00–1,450.001,3075
Bred CowsMedium and Large 1-2—1,0351,470.00/head1,470.00–1,470.001,4701
Bred CowsMedium and Large 1-2—1,0921,340.08/head1,150.00–1,525.001,34026
Bred CowsMedium and Large 1-2—1,2001,350.00/head1,350.00–1,350.001,3501
Bred CowsMedium and Large 1-2—908122.51/cwt121.00–124.001,1122
Cow-Calf PairsMedium and Large 1-2—1,1631,289.46/head1,200.00–1,400.001,2894
Stock CowsMedium and Large 1-2—940110.00/cwt110.00–110.001,0341
Bred HeifersMedium and Large 1-2—9751,625.00/head1,625.00–1,625.001,6252
Bred HeifersMedium and Large 1-2—9051,425.00/head1,425.00–1,425.001,4251
BullsMedium and Large 1—467225.30/cwt218.00–230.001,05212
BullsMedium and Large 1—930169.00/cwt169.00–169.001,5721
BullsMedium and Large 1—550210.00/cwt210.00–210.001,1551
BullsMedium and Large 1—665210.00/cwt210.00–210.001,3971
BullsMedium and Large 1—725190.00/cwt190.00–190.001,3781
BullsMedium and Large 1—775185.00/cwt185.00–185.001,4341
SteersMedium and Large 1Value Added—620233.00/cwt233.00–233.001,4452
SteersMedium and Large 1Value Added—583243.98/cwt239.00–249.001,4224
SteersMedium and Large 1—468246.98/cwt230.00–269.001,15615
SteersMedium and Large 1—805209.00/cwt209.00–209.001,6821
SteersMedium and Large 1—620223.80/cwt220.00–227.501,3883
SteersMedium and Large 1—578226.74/cwt220.00–230.001,3113
HeifersMedium and Large 1—820183.00/cwt183.00–183.001,5011
SteersMedium and Large 1—662212.37/cwt208.00–217.001,4065
SteersMedium and Large 1—784207.37/cwt200.00–210.001,6265
SteersMedium and Large 2—421206.34/cwt200.00–215.008699
SteersMedium and Large 1—534231.71/cwt225.00–247.001,23710
SteersMedium and Large 1—727207.74/cwt191.00–215.001,5109
HeifersMedium and Large 1—527208.22/cwt200.00–220.001,0977
SteersMedium and Large 2—510200.00/cwt200.00–200.001,0201
SteersMedium and Large 2—585170.00/cwt170.00–170.009951
SteersMedium and Large 1—365264.48/cwt250.00–285.0096511
SteersMedium and Large 2—380213.45/cwt210.00–217.008112
SteersMedium and Large 2—318221.99/cwt210.00–230.007063
HeifersMedium and Large 1—426217.22/cwt210.00–225.0092510
HeifersMedium and Large 1Value Added—430227.50/cwt227.50–227.509782
HeifersMedium and Large 1Value Added—395230.00/cwt230.00–230.009092
HeifersMedium and Large 1Value Added—528214.98/cwt211.00–219.001,1354
SteersMedium and Large 1—418254.46/cwt240.00–272.501,06410
Bred HeifersMedium and Large 1-2Fancy—9851,875.00/head1,875.00–1,875.001,8751
Bred CowsMedium and Large 1-2—1,0451,290.83/head1,200.00–1,550.001,29111
Cow-Calf PairsMedium and Large 1-2—1,3952,100.00/head2,100.00–2,100.002,1001
Bred CowsMedium and Large 1-2—1,055106.00/cwt106.00–106.001,1181
Cow-Calf PairsMedium and Large 1-2—1,1501,400.00/head1,400.00–1,400.001,4002
Cow-Calf PairsMedium and Large 1-2—1,1991,717.13/head1,500.00–1,975.001,7179
Cow-Calf PairsMedium and Large 1-2—1,1851,450.00/head1,450.00–1,450.001,4501
Cow-Calf PairsMedium and Large 1-2—1,1601,790.90/head1,525.00–2,025.001,79122
Cow-Calf PairsMedium and Large 1-2Thin Fleshed—9381,316.70/head1,300.00–1,350.001,3176
Cow-Calf PairsMedium and Large 1-2Thin Fleshed—9371,102.96/head1,025.00–1,150.001,1035
HeifersMedium and Large 2—510180.00/cwt180.00–180.009181
HeifersMedium and Large 2—475186.97/cwt183.00–190.008884
HeifersMedium and Large 1—569203.15/cwt197.00–215.001,1569
HeifersMedium and Large 1—378220.94/cwt215.00–227.5083512
BullsMedium and Large 1—510210.50/cwt210.00–211.001,0744
BullsMedium and Large 1—633202.32/cwt200.00–207.001,2813
HeifersMedium and Large 2—435185.00/cwt185.00–185.008051
HeifersMedium and Large 2—563175.68/cwt170.00–180.009893
HeifersMedium and Large 1—464214.99/cwt207.00–220.0099814
HeifersMedium and Large 2—620161.63/cwt160.00–165.001,0023
HeifersMedium and Large 2—375200.00/cwt200.00–200.007503
HeifersMedium and Large 1—710193.06/cwt185.00–197.001,3713
HeifersMedium and Large 2—320200.00/cwt200.00–200.006402
HeifersMedium and Large 1—323223.06/cwt215.00–230.0072011
HeifersMedium and Large 1Value Added—465224.17/cwt222.50–225.001,0423
HeifersMedium and Large 1—673195.19/cwt185.00–205.001,31411
HeifersMedium and Large 1—765181.94/cwt170.00–190.001,3929
HeifersMedium and Large 1—610197.39/cwt185.00–205.001,20411
SteersMedium and Large 1—330270.24/cwt260.00–300.008929

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.