Sale reports / Arkansas / Hope Livestock Auction Inc. / 2023-06-29

Hope Livestock Auction Inc.

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Hope, Arkansas · Thu, Jun 29
● Final55 lots reportedUSDA AMS · slug 2058
Feeder Cattle receipts
370 head
442 vs last sale 812 212 vs year ago 582 · 36.4%
Slaughter Cattle receipts
125 head
82 vs last sale 207 127 vs year ago 252 · 50.4%
Replacement Cattle receipts
20 head
15 vs last sale 35 20 vs year ago 0 · no sale a year ago
View

Reporter comment USDA

As filed

Compared to last week: Feeder steers unevenly steady. Feeder heifers 2.00-10.00 higher. Slaughter cows 2.00-3.00 higher. Slaughter bulls 3.00 higher. Quality was average to plain. Lots of fleshy new crop calves and numerous bull calves making up a big part of the offering. Yearling type cattle still bringing a premium.

Weight class

Heifers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb heifers averaged $206.65/cwt on 85 head.
Average price
$206.65
85 head · 483 lb average
Value per head Derived
$999
Price × average weight ÷ 100
Grade differential Derived
$294
per head · Medium and Large 1 over Medium and Large 2
$28.91/cwt at this weight
vs the market
6.87
vs AR average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1511216.861,10855
Medium and Large 2433187.9581430
One grade step is worth $28.91/cwt here — about $294 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 sale85 hd
206.65
AR average10 barns · 2,108 hd
213.52
−6.87
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
BullsAverage1,639107.991,7704thin
CowsBoner 80-85%High1,16594.601,10248
CowsLean 85-90%Low97178.9476711

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)Middle Aged (5-8 yrs)1,290$1,7274thin
Bred Cows2nd Stage (4-6 mo)Young (2-4 yrs)1,165$1,2001thin
Cow-Calf PairsOpenYoung (2-4 yrs)1,105$1,4751thin
Cow-Calf PairsOpenMiddle Aged (5-8 yrs)1,125$1,3203thin
Cow-Calf PairsOpenAged (>8 yrs)1,140$1,1964thin

Every lot, as filed

55 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
SteersMedium and Large 1467238.27/cwt235.00–240.001,1136
HeifersMedium and Large 1470227.29/cwt214.00–242.501,06811
HeifersMedium and Large 1677197.23/cwt190.00–201.001,3356
SteersMedium and Large 1571217.98/cwt215.00–222.001,2454
SteersMedium and Large 1755215.00/cwt215.00–215.001,6231
SteersMedium and Large 2370209.86/cwt200.00–220.007762
SteersMedium and Large 1805207.50/cwt207.50–207.501,6701
SteersMedium and Large 2523200.96/cwt200.00–202.001,0514
HeifersMedium and Large 2472179.89/cwt175.00–185.008496
HeifersMedium and Large 2315203.17/cwt200.00–210.006406
HeifersMedium and Large 1568209.32/cwt207.00–214.001,1893
SteersMedium and Large 1Value Added550245.00/cwt245.00–245.001,3482
SteersMedium and Large 1366251.85/cwt240.00–265.009226
SteersMedium and Large 1Value Added635235.00/cwt235.00–235.001,4922
SteersMedium and Large 2345220.00/cwt210.00–230.007592
SteersMedium and Large 1610207.00/cwt207.00–207.001,2631
SteersMedium and Large 1Value Added650217.50/cwt217.50–217.501,4142
SteersMedium and Large 2475206.13/cwt200.00–212.009794
SteersMedium and Large 2403205.03/cwt200.00–210.008262
SteersMedium and Large 1718212.38/cwt207.00–217.501,5252
SteersMedium and Large 1309284.77/cwt265.00–310.008807
BullsMedium and Large 1570202.25/cwt199.00–205.001,1534
BullsMedium and Large 1700178.00/cwt178.00–178.001,2461
BullsMedium and Large 1518208.48/cwt205.00–212.001,0802
BullsMedium and Large 1620201.00/cwt195.00–208.001,2463
BullsMedium and Large 1488217.84/cwt210.00–225.001,0637
BullsMedium and Large 1665200.00/cwt200.00–200.001,3301
CowsBoner 80-85%1,225104.26/cwt102.00–108.001,2779
CowsLean 85-90%84063.03/cwt60.00–65.005293
CowsLean 85-90%1,00383.37/cwt80.00–86.008366
CowsBoner 80-85%1,18295.82/cwt89.00–100.001,13330
CowsBoner 80-85%1,04680.86/cwt78.00–85.008469
Bulls1,685105.32/cwt105.00–106.001,7753
Bulls1,500116.00/cwt116.00–116.001,7401
CowsLean 85-90%1,07389.50/cwt89.00–90.009602
Cow-Calf PairsMedium and Large 1-21,1051,475.00/head1,475.00–1,475.001,4751
Cow-Calf PairsMedium and Large 1-21,1251,320.45/head1,255.00–1,400.001,3203
Cow-Calf PairsMedium and Large 1-21,1401,195.89/head1,010.00–1,385.001,1964
Bred CowsMedium and Large 1-21,1651,200.00/head1,200.00–1,200.001,2001
Bred CowsMedium and Large 1-2Fancy1,2901,726.74/head1,650.00–1,800.001,7274
HeifersMedium and Large 1Value Added505221.00/cwt221.00–221.001,1162
HeifersMedium and Large 1367250.68/cwt232.50–265.009205
HeifersMedium and Large 1319232.24/cwt220.00–250.007415
HeifersMedium and Large 1618197.08/cwt190.00–205.001,2186
HeifersMedium and Large 2422193.79/cwt190.00–200.008185
HeifersMedium and Large 2519175.24/cwt170.00–180.009095
SteersMedium and Large 1419237.58/cwt230.00–243.009957
HeifersMedium and Large 1414222.37/cwt210.00–235.009215
HeifersMedium and Large 2369198.79/cwt195.00–205.007345
HeifersMedium and Large 2610161.00/cwt161.00–161.009821
HeifersMedium and Large 2555170.00/cwt170.00–170.009442
HeifersMedium and Large 1522212.21/cwt200.00–227.001,1089
SteersMedium and Large 1511229.46/cwt220.00–239.001,1738
HeifersMedium and Large 1718184.88/cwt180.00–190.001,3272
HeifersMedium and Large 1805185.00/cwt185.00–185.001,4891

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.