Sale reports / Arkansas / Hope Livestock Auction Inc. / 2023-07-20

Hope Livestock Auction Inc.

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Hope, Arkansas · Thu, Jul 20
● Final66 lots reportedUSDA AMS · slug 2058
Feeder Cattle receipts
615 head
97 vs last sale 712 424 vs year ago 1,039 · 40.8%
Slaughter Cattle receipts
320 head
166 vs last sale 154 95 vs year ago 225 · +42.2%
Replacement Cattle receipts
75 head
60 vs last sale 15 50 vs year ago 25 · +200.0%
View

Reporter comment USDA

As filed

Compared to last week: Feeder steers 2.00-7.00 higher. Feeder heifers under 650 lbs. steady to 3.00 higher; over 650 lbs. steady to 3.00 lower. Slaughter cows 1.00-3.00 higher. Slaughter bulls 2.00 higher. Quality was average. Market continues to be really strong on all classes of cattle. Fat new crop calves are making up the majority of the offering. Slaughter cattle continue to be in high demand.

Weight class

Heifers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb heifers averaged $217.32/cwt on 106 head.
Average price
$217.32
106 head · 525 lb average
Value per head Derived
$1,142
Price × average weight ÷ 100
Grade differential Derived
$338
per head · Medium and Large 1 over Medium and Large 2
$22.63/cwt at this weight
vs the market
0.42
vs AR average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1538219.881,18294
Medium and Large 2428197.2584512thin
One grade step is worth $22.63/cwt here — about $338 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 sale106 hd
217.32
AR average10 barns · 1,126 hd
217.73
−0.42
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
BullsAverage1,680106.861,7967thin
CowsBoner 80-85%High1,16795.491,11469
CowsBreaker 75-80%Average1,59095.391,5172thin
CowsLean 85-90%Low95585.4081635

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)1,138$1,4932thin
Bred Cows1st Stage (1-3 mo)Middle Aged (5-8 yrs)1,160$1,3101thin
Bred Cows2nd Stage (4-6 mo)Middle Aged (5-8 yrs)1,198$6982thin
Cow-Calf Pairs2nd/3rd Stage (4-9 mo)Middle Aged (5-8 yrs)1,220$1,8501thin
Cow-Calf PairsOpenMiddle Aged (5-8 yrs)1,354$1,73510
Cow-Calf Pairs2nd/3rd Stage (4-9 mo)Aged (>8 yrs)1,350$1,7001thin
Cow-Calf PairsOpenYoung (2-4 yrs)1,139$1,6856
Cow-Calf PairsOpenAged (>8 yrs)1,267$1,55920

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 2325212.32/cwt210.00–215.006903
HeifersMedium and Large 1324244.42/cwt230.00–257.5079212
HeifersMedium and Large 1Value Added775209.00/cwt209.00–209.001,6201
HeifersMedium and Large 1720191.55/cwt180.00–203.001,3797
HeifersMedium and Large 1468232.28/cwt225.00–245.001,08711
HeifersMedium and Large 1521227.24/cwt217.50–237.001,1848
HeifersMedium and Large 1880190.90/cwt185.00–197.001,6802
HeifersMedium and Large 1965187.00/cwt187.00–187.001,8051
SteersMedium and Large 1371270.44/cwt260.00–280.001,0037
SteersMedium and Large 1725227.92/cwt225.00–233.001,6526
HeifersMedium and Large 1754189.59/cwt177.50–201.001,4304
HeifersMedium and Large 1420236.44/cwt225.00–260.0099313
HeifersMedium and Large 1945155.00/cwt155.00–155.001,4651
HeifersMedium and Large 1Value Added465241.00/cwt241.00–241.001,1213
SteersMedium and Large 2423216.24/cwt210.00–222.009158
SteersMedium and Large 1333273.72/cwt265.00–277.509115
SteersMedium and Large 1758221.67/cwt215.00–233.001,6803
SteersMedium and Large 1525239.71/cwt230.00–250.001,2588
SteersMedium and Large 1420265.65/cwt255.00–275.001,11612
SteersMedium and Large 1578233.44/cwt230.00–240.001,3497
SteersMedium and Large 1469254.54/cwt245.00–262.501,19411
SteersMedium and Large 1669235.73/cwt234.00–238.001,5774
SteersMedium and Large 1865204.00/cwt204.00–204.001,7651
SteersMedium and Large 2326220.00/cwt210.00–230.007177
SteersMedium and Large 2355224.25/cwt222.00–225.007964
SteersMedium and Large 2470209.19/cwt200.00–215.009835
SteersMedium and Large 1616234.35/cwt231.00–239.001,4446
BullsMedium and Large 1474225.84/cwt217.50–230.001,0708
BullsMedium and Large 1578216.23/cwt215.00–217.501,2502
BullsMedium and Large 1621206.48/cwt204.00–209.001,2824
BullsMedium and Large 1525219.33/cwt215.00–223.001,1513
BullsMedium and Large 1735195.00/cwt195.00–195.001,4331
BullsMedium and Large 1670202.50/cwt202.50–202.501,3571
CowsLean 85-90%80476.14/cwt74.00–78.006127
CowsLean 85-90%1,04691.72/cwt90.00–93.009597
CowsLean 85-90%97586.38/cwt82.00–90.0084221
CowsBreaker 75-80%1,59095.39/cwt92.00–98.001,5172
CowsBoner 80-85%1,311106.68/cwt105.00–109.001,3997
CowsBoner 80-85%1,18296.49/cwt92.00–103.001,14150
CowsBoner 80-85%1,02084.77/cwt80.00–89.0086512
Bulls1,772108.50/cwt105.00–114.001,9236
Bulls1,13097.00/cwt97.00–97.001,0961
Bred CowsMedium and Large 11,1601,310.00/head1,310.00–1,310.001,3101
Bred CowsMedium and Large 1-21,289105.44/cwt103.00–109.001,3594
Bred CowsMedium and Large 11,423102.54/cwt102.00–103.001,4592
Cow-Calf PairsMedium and Large 1-21,3351,719.18/head1,600.00–1,800.001,7199
Cow-Calf PairsMedium and Large 1-21,3311,663.54/head1,575.00–1,775.001,6644
Cow-Calf PairsMedium and Large 1-21,1651,707.42/head1,600.00–1,825.001,7075
Bred CowsMedium and Large 1-21,198698.48/head110.00–1,325.006982
Bred CowsMedium and Large 11,1381,493.19/head1,450.00–1,525.001,4932
Cow-Calf PairsMedium and Large 1-21,0101,575.00/head1,575.00–1,575.001,5751
Cow-Calf PairsMedium and Large 1-21,5251,875.00/head1,875.00–1,875.001,8751
Cow-Calf PairsMedium and Large 1-21,2651,536.35/head1,425.00–1,650.001,53614
Cow-Calf PairsMedium and Large 1-21,1531,511.66/head1,500.00–1,525.001,5122
Cow-Calf PairsMedium and Large 1-21,2201,850.00/head1,850.00–1,850.001,8501
Cow-Calf PairsMedium and Large 1-21,3501,700.00/head1,700.00–1,700.001,7001
HeifersMedium and Large 1377238.54/cwt232.50–253.008999
HeifersMedium and Large 2530175.00/cwt175.00–175.009282
HeifersMedium and Large 2465195.00/cwt195.00–195.009072
HeifersMedium and Large 2375210.00/cwt210.00–210.007882
HeifersMedium and Large 2425200.00/cwt200.00–200.008502
HeifersMedium and Large 1670200.27/cwt183.00–215.001,3427
HeifersMedium and Large 1620206.43/cwt188.00–219.001,2806
HeifersMedium and Large 1581218.28/cwt217.00–222.501,2685
HeifersMedium and Large 1821163.74/cwt157.50–177.001,3444
HeifersMedium and Large 2575170.00/cwt170.00–170.009781

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.