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
Bulls—Average1,639107.991,7704thin
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 1—467238.27/cwt235.00–240.001,1136
HeifersMedium and Large 1—470227.29/cwt214.00–242.501,06811
HeifersMedium and Large 1—677197.23/cwt190.00–201.001,3356
SteersMedium and Large 1—571217.98/cwt215.00–222.001,2454
SteersMedium and Large 1—755215.00/cwt215.00–215.001,6231
SteersMedium and Large 2—370209.86/cwt200.00–220.007762
SteersMedium and Large 1—805207.50/cwt207.50–207.501,6701
SteersMedium and Large 2—523200.96/cwt200.00–202.001,0514
HeifersMedium and Large 2—472179.89/cwt175.00–185.008496
HeifersMedium and Large 2—315203.17/cwt200.00–210.006406
HeifersMedium and Large 1—568209.32/cwt207.00–214.001,1893
SteersMedium and Large 1Value Added—550245.00/cwt245.00–245.001,3482
SteersMedium and Large 1—366251.85/cwt240.00–265.009226
SteersMedium and Large 1Value Added—635235.00/cwt235.00–235.001,4922
SteersMedium and Large 2—345220.00/cwt210.00–230.007592
SteersMedium and Large 1—610207.00/cwt207.00–207.001,2631
SteersMedium and Large 1Value Added—650217.50/cwt217.50–217.501,4142
SteersMedium and Large 2—475206.13/cwt200.00–212.009794
SteersMedium and Large 2—403205.03/cwt200.00–210.008262
SteersMedium and Large 1—718212.38/cwt207.00–217.501,5252
SteersMedium and Large 1—309284.77/cwt265.00–310.008807
BullsMedium and Large 1—570202.25/cwt199.00–205.001,1534
BullsMedium and Large 1—700178.00/cwt178.00–178.001,2461
BullsMedium and Large 1—518208.48/cwt205.00–212.001,0802
BullsMedium and Large 1—620201.00/cwt195.00–208.001,2463
BullsMedium and Large 1—488217.84/cwt210.00–225.001,0637
BullsMedium and Large 1—665200.00/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
Bulls——1,685105.32/cwt105.00–106.001,7753
Bulls——1,500116.00/cwt116.00–116.001,7401
CowsLean 85-90%—1,07389.50/cwt89.00–90.009602
Cow-Calf PairsMedium and Large 1-2—1,1051,475.00/head1,475.00–1,475.001,4751
Cow-Calf PairsMedium and Large 1-2—1,1251,320.45/head1,255.00–1,400.001,3203
Cow-Calf PairsMedium and Large 1-2—1,1401,195.89/head1,010.00–1,385.001,1964
Bred CowsMedium and Large 1-2—1,1651,200.00/head1,200.00–1,200.001,2001
Bred CowsMedium and Large 1-2Fancy—1,2901,726.74/head1,650.00–1,800.001,7274
HeifersMedium and Large 1Value Added—505221.00/cwt221.00–221.001,1162
HeifersMedium and Large 1—367250.68/cwt232.50–265.009205
HeifersMedium and Large 1—319232.24/cwt220.00–250.007415
HeifersMedium and Large 1—618197.08/cwt190.00–205.001,2186
HeifersMedium and Large 2—422193.79/cwt190.00–200.008185
HeifersMedium and Large 2—519175.24/cwt170.00–180.009095
SteersMedium and Large 1—419237.58/cwt230.00–243.009957
HeifersMedium and Large 1—414222.37/cwt210.00–235.009215
HeifersMedium and Large 2—369198.79/cwt195.00–205.007345
HeifersMedium and Large 2—610161.00/cwt161.00–161.009821
HeifersMedium and Large 2—555170.00/cwt170.00–170.009442
HeifersMedium and Large 1—522212.21/cwt200.00–227.001,1089
SteersMedium and Large 1—511229.46/cwt220.00–239.001,1738
HeifersMedium and Large 1—718184.88/cwt180.00–190.001,3272
HeifersMedium and Large 1—805185.00/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.