Sale reports / Arkansas / Hope Livestock Auction Inc. / 2023-06-22

Hope Livestock Auction Inc.

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Hope, Arkansas · Thu, Jun 22
● Final66 lots reportedUSDA AMS · slug 2058
Feeder Cattle receipts
812 head
▼ 74 vs last sale 886▲ 474 vs year ago 338 · +140.2%
Slaughter Cattle receipts
207 head
▼ 153 vs last sale 360▲ 146 vs year ago 61 · +239.3%
Replacement Cattle receipts
35 head
▼ 125 vs last sale 160▲ 35 vs year ago 0 · no sale a year ago
View

Reporter comment USDA

As filed

Compared to last week: Feeder steers 3.00-11.00 lower. Feeder heifers under 550 lbs. 3.00-10.00 higher; over 550 lbs. 4.00-10.00 lower. Slaughter cows 1.00-3.00 higher. Slaughter bulls steady to 2.00 lower. Quality was average to plain. The offering was made up of numerous new crop calves. Buyer activity was good.

Weight class

Heifers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb heifers averaged $213.04/cwt on 147 head.
Average price
$213.04
147 head · 471 lb average
Value per head Derived
$1,004
Price × average weight ÷ 100
Grade differential Derived
$155
per head · Medium and Large 1 over Medium and Large 2
$33.88/cwt at this weight
vs the market
+4.15
vs AR average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1471218.571,029123
Medium and Large 2474184.7087524
One grade step is worth $33.88/cwt here — about $155 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 sale147 hd
213.04
—
AR average8 barns · 1,462 hd
208.89
+4.15
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—Average1,565102.061,5977thin
CowsBoner 80-85%High1,14591.791,05171
CowsBreaker 75-80%Average1,45090.001,3054thin
CowsLean 85-90%High98882.8081829

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)1,190$1,3751thin
Bred Cows2nd Stage (4-6 mo)Middle Aged (5-8 yrs)1,155$1,3251thin
Bred Cows3rd Stage (7-9 mo)Aged (>8 yrs)1,075$1,1251thin
Bred Cows1st Stage (1-3 mo)Young (2-4 yrs)850$1,0001thin
Cow-Calf PairsOpenYoung (2-4 yrs)1,095$1,4093thin
Cow-Calf PairsOpenMiddle Aged (5-8 yrs)1,194$1,3619
Cow-Calf PairsOpenAged (>8 yrs)1,159$1,2044thin

Every lot, as filed

66 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 1—517211.25/cwt200.00–227.001,09220
HeifersMedium and Large 1—375233.82/cwt225.00–250.0087720
HeifersMedium and Large 1Value Added—529216.13/cwt214.50–222.501,14318
HeifersMedium and Large 1Value Added—455230.00/cwt230.00–230.001,0472
HeifersMedium and Large 1Value Added—430232.56/cwt230.00–237.501,0006
HeifersMedium and Large 1—475220.40/cwt203.00–227.501,04719
SteersMedium and Large 2—520192.00/cwt192.00–192.009981
SteersMedium and Large 2—374212.47/cwt200.00–220.007958
SteersMedium and Large 1—415243.24/cwt235.00–255.001,00910
SteersMedium and Large 1Value Added—501236.52/cwt233.50–250.001,18511
SteersMedium and Large 1Value Added—575246.25/cwt242.50–250.001,4164
HeifersMedium and Large 1—703183.02/cwt177.00–189.001,2872
SteersMedium and Large 1—314276.17/cwt250.00–300.0086716
SteersMedium and Large 1—664206.82/cwt200.00–215.001,3737
SteersMedium and Large 1—572223.51/cwt219.00–233.001,27811
SteersMedium and Large 1—365250.33/cwt240.00–275.009149
SteersMedium and Large 2—416206.07/cwt200.00–215.008578
SteersMedium and Large 2—474201.78/cwt200.00–210.009567
SteersMedium and Large 1Value Added—435250.00/cwt250.00–250.001,0882
SteersMedium and Large 1—467235.68/cwt235.00–236.001,1013
SteersMedium and Large 1—603217.99/cwt211.00–223.001,3143
SteersMedium and Large 2—327215.96/cwt215.00–220.007065
SteersMedium and Large 2—675170.00/cwt170.00–170.001,1481
SteersMedium and Large 1—755212.50/cwt212.50–212.501,6041
SteersMedium and Large 1—520224.14/cwt221.00–225.001,1667
SteersMedium and Large 1—719204.38/cwt200.00–215.001,4695
SteersMedium and Large 1Value Added—610235.00/cwt235.00–235.001,4342
BullsMedium and Large 1—725182.50/cwt182.50–182.501,3231
BullsMedium and Large 1—578207.89/cwt205.00–212.001,2026
BullsMedium and Large 1—519207.33/cwt202.00–215.001,0764
BullsMedium and Large 1—467220.81/cwt215.00–225.001,0317
BullsMedium and Large 1—785181.01/cwt180.00–182.001,4212
BullsMedium and Large 1Fleshy—478203.55/cwt200.00–207.009732
CowsBoner 80-85%—1,171102.31/cwt95.00–113.001,19811
CowsBoner 80-85%—1,17492.84/cwt89.00–98.001,09045
CowsLean 85-90%—95590.00/cwt90.00–90.008601
CowsLean 85-90%—98982.54/cwt78.00–87.0081628
CowsBreaker 75-80%—1,45090.00/cwt90.00–90.001,3054
CowsBoner 80-85%—1,03980.94/cwt76.00–84.0084115
Bulls——1,565102.06/cwt97.00–106.001,5977
Stock CowsMedium and Large 1-2—87094.90/cwt90.00–100.008266
Bred CowsMedium and Large 1-2—1,1551,325.00/head1,325.00–1,325.001,3251
Bred CowsMedium and Large 1-2—1,0751,125.00/head1,125.00–1,125.001,1251
Bred CowsMedium and Large 1-2—8501,000.00/head1,000.00–1,000.001,0001
Bred CowsMedium and Large 1-2—1,1901,375.00/head1,375.00–1,375.001,3751
Cow-Calf PairsMedium and Large 1-2—1,0951,409.13/head1,250.00–1,500.001,4093
Cow-Calf PairsMedium and Large 1-2—1,1941,360.63/head1,225.00–1,550.001,3619
Cow-Calf PairsMedium and Large 1-2—1,1591,204.37/head1,100.00–1,325.001,2044
HeifersMedium and Large 1—763187.06/cwt181.00–193.001,4272
HeifersMedium and Large 1Value Added—365236.00/cwt236.00–236.008612
HeifersMedium and Large 1Fleshy—600175.00/cwt175.00–175.001,0501
HeifersMedium and Large 1Fleshy—500195.00/cwt195.00–195.009751
HeifersMedium and Large 1Fleshy—350215.00/cwt215.00–215.007531
BullsMedium and Large 1—623190.00/cwt190.00–190.001,1842
HeifersMedium and Large 2—468195.00/cwt195.00–195.009132
HeifersMedium and Large 1—680182.00/cwt182.00–182.001,2381
HeifersMedium and Large 2—433195.00/cwt195.00–195.008442
HeifersMedium and Large 2—370200.00/cwt200.00–200.007402
HeifersMedium and Large 2—514177.54/cwt165.00–185.009139
HeifersMedium and Large 1—570199.95/cwt198.00–202.001,1403
HeifersMedium and Large 1—309234.35/cwt220.00–245.007244
HeifersMedium and Large 2—323200.00/cwt200.00–200.006464
HeifersMedium and Large 1—602192.32/cwt187.00–195.001,1583
HeifersMedium and Large 2—563176.63/cwt175.00–180.009943
HeifersMedium and Large 1—417219.79/cwt212.00–232.5091718
HeifersMedium and Large 2—608162.47/cwt160.00–165.009882

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.