Sale reports / Arkansas / Hope Livestock Auction Inc. / 2023-07-13

Hope Livestock Auction Inc.

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Hope, Arkansas · Thu, Jul 13
● Final61 lots reportedUSDA AMS · slug 2058
Feeder Cattle receipts
712 head
342 vs last sale 370 255 vs year ago 967 · 26.4%
Slaughter Cattle receipts
154 head
29 vs last sale 125 89 vs year ago 243 · 36.6%
Replacement Cattle receipts
15 head
5 vs last sale 20 15 vs year ago 0 · no sale a year ago
View

Reporter comment USDA

As filed

Compared to two weeks ago: Feeder steers 7.00-15.00 higher instances 20.00 higher. Feeder heifers 2.00-12.00 higher. Slaughter cows steady to 2.00 higher. Slaughter bulls steady. Quality was average. All classes of feeder calves were higher. Buyers were active on most classes. Recent rains and a higher future market has given the calve deal a boost. Next Thursday will be the 3rd Thursday stock cow sale. Expecting many quality cows and pairs. Sold 3 loads of video cattle to view information click this link ( https://www.ams.usda.gov/mnreports/ams_3628.pdf ).

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $236.32/cwt on 140 head.
Average price
$236.32
140 head · 492 lb average
Value per head Derived
$1,163
Price × average weight ÷ 100
Grade differential Derived
$353
per head · Medium and Large 1 over Medium and Large 2
$34.96/cwt at this weight
vs the market
3.64
vs AR average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1513245.311,259104
Medium and Large 2431210.3590736
One grade step is worth $34.96/cwt here — about $353 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 sale140 hd
236.32
AR average10 barns · 2,559 hd
239.96
−3.64
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
BullsLow1,496101.631,5209thin
CowsBreaker 75-80%High1,44498.031,4167thin
CowsBoner 80-85%Low1,08091.9699332
CowsLean 85-90%Very Low92481.5675423

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)1,125$1,4001thin
Bred Cows2nd Stage (4-6 mo)Young (2-4 yrs)1,115$1,3001thin
BullsN/AYoung (2-4 yrs)1,450$2,3001thin
Cow-Calf PairsOpenAged (>8 yrs)1,328$1,4632thin

Every lot, as filed

61 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 1662204.16/cwt195.00–217.501,3525
HeifersMedium and Large 1320243.28/cwt230.00–255.007782
HeifersMedium and Large 2510181.00/cwt181.00–181.009231
HeifersMedium and Large 1720196.98/cwt185.00–210.001,4183
SteersMedium and Large 1381267.97/cwt255.00–282.501,0214
SteersMedium and Large 1572239.40/cwt227.50–245.001,36916
HeifersMedium and Large 1880180.00/cwt180.00–180.001,5841
HeifersMedium and Large 1Replacement540242.50/cwt242.50–242.501,3101
HeifersMedium and Large 1Replacement611227.34/cwt225.00–230.001,3894
HeifersMedium and Large 1Replacement550245.00/cwt245.00–245.001,3481
SteersMedium and Large 2323221.20/cwt217.00–235.007146
SteersMedium and Large 2473208.07/cwt200.00–215.009849
SteersMedium and Large 1711229.35/cwt225.00–235.001,6314
SteersMedium and Large 2425210.82/cwt200.00–220.008967
SteersMedium and Large 1315274.60/cwt255.00–302.508657
SteersMedium and Large 1680224.45/cwt215.00–232.501,5265
SteersMedium and Large 2518200.00/cwt200.00–200.001,0366
SteersMedium and Large 1775214.50/cwt208.00–222.501,6623
SteersMedium and Large 1623228.04/cwt217.00–237.501,4218
SteersMedium and Large 2379214.88/cwt200.00–220.008147
SteersMedium and Large 1421258.41/cwt240.00–285.001,08821
SteersMedium and Large 2585193.00/cwt193.00–193.001,1291
SteersMedium and Large 1478247.77/cwt240.00–262.501,18417
SteersMedium and Large 1526239.05/cwt225.00–260.001,25719
BullsMedium and Large 1740190.00/cwt190.00–190.001,4061
BullsMedium and Large 1508214.77/cwt209.00–220.001,0918
BullsMedium and Large 1580208.19/cwt203.00–210.001,2085
BullsMedium and Large 1665190.00/cwt190.00–190.001,2641
BullsMedium and Large 1481220.43/cwt215.00–225.001,06011
BullsMedium and Large 1621205.34/cwt200.00–211.001,2755
CowsBoner 80-85%1,01181.75/cwt77.00–85.0082612
CowsLean 85-90%77766.34/cwt64.00–68.005153
CowsLean 85-90%83175.29/cwt70.00–80.006265
CowsLean 85-90%1,08390.00/cwt90.00–90.009754
CowsLean 85-90%94985.50/cwt84.00–89.0081111
CowsBreaker 75-80%1,388105.96/cwt103.00–111.001,4713
CowsBreaker 75-80%1,53590.00/cwt90.00–90.001,3822
CowsBoner 80-85%1,11795.03/cwt92.00–102.001,06116
Bulls1,20087.83/cwt86.00–90.001,0542
Bulls1,580105.57/cwt102.00–109.001,6687
CowsBoner 80-85%1,136110.27/cwt105.00–118.001,2534
CowsBreaker 75-80%1,43894.18/cwt92.00–96.001,3542
Bred CowsMedium and Large 1-21,1151,300.00/head1,300.00–1,300.001,3001
Cow-Calf PairsMedium and Large 1-21,4501,550.00/head1,550.00–1,550.001,5501
Cow-Calf PairsMedium and Large 1-21,2051,375.00/head1,375.00–1,375.001,3751
Bred CowsMedium and Large 1-21,1251,400.00/head1,400.00–1,400.001,4001
Bred CowsMedium and Large 1-2920117.00/cwt117.00–117.001,0761
BullsMedium and Large 1-21,4502,300.00/head2,300.00–2,300.002,3001
HeifersMedium and Large 2475193.96/cwt190.00–198.009212
HeifersMedium and Large 2428199.96/cwt195.00–205.008566
HeifersMedium and Large 1568217.81/cwt208.00–225.001,23715
HeifersMedium and Large 1370246.95/cwt235.00–265.0091410
HeifersMedium and Large 2334201.92/cwt200.00–210.006745
HeifersMedium and Large 2384207.10/cwt200.00–210.007957
HeifersMedium and Large 1765190.00/cwt190.00–190.001,4541
HeifersMedium and Large 2585185.00/cwt185.00–185.001,0821
HeifersMedium and Large 1471229.03/cwt222.50–242.501,07915
HeifersMedium and Large 1429232.86/cwt225.00–247.5099915
HeifersMedium and Large 1614206.17/cwt200.00–215.001,26610
HeifersMedium and Large 1815183.00/cwt183.00–183.001,4911
HeifersMedium and Large 1517224.38/cwt217.00–237.501,16010

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.