Name: Hope Livestock Auction Inc. livestock auction prices — 2023-08-03
Creator: RaisedBeef
Published: 2023-08-03

Reporter comment USDA

As filed

Compared to last week: Feeder steers under 500 lbs. 3.00-5.00 higher; over 500 lbs. 3.00-5.00 lower. Feeder heifers under 600 lbs. unevenly steady; over 600 lbs. 3.00-5.00 higher. Slaughter cows 1.00-2.00 higher. Slaughter bulls steady to 1.00 lower. Quality was average to plain. Scorching hot temps and fat new crop calves put a little damper on the market in some spots, but market is still strong.

Weight class

Heifers · summary 0–100 lb

Weighted average of every reported lot

0–100 lb heifers averaged $212.70/cwt on 76 head.

Average price

$212.70

76 head · 506 lb average

Value per head Derived

$1,077

Price × average weight ÷ 100

Grade differential Derived

$295

per head · Medium and Large 1 over Medium and Large 2

$31.79/cwt at this weight

vs the market

−17.79

vs AR average

What quality paid 0–100 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1	522	219.81	1,146	59
Medium and Large 2	453	188.01	852	17thin

One grade step is worth $31.79/cwt here — about $295 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 sale76 hd

212.70

—

AR average8 barns · 878 hd

230.48

−17.79

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.

Class	Grade	Dressing	Avg wt	$/cwt	$/head	Head
Bulls	—	Average	1,544	100.59	1,553	7thin
Cows	Boner 80-85%	Average	1,177	102.00	1,201	31
Cows	Lean 85-90%	High	884	83.66	739	23

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.

Class	Stage	Age	Avg wt	$/head	Head
Bred Cows	2nd Stage (4-6 mo)	Young (2-4 yrs)	1,090	$1,500	1thin
Cow-Calf Pairs	Open	Middle Aged (5-8 yrs)	1,230	$1,625	1thin
Cow-Calf Pairs	Open	Aged (>8 yrs)	1,105	$1,225	1thin

Every lot, as filed

50 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.

Class	Grade / description	Weight	Avg wt	Price	Range	Per head	Head
Bulls	Medium and Large 1	—	560	199.93/cwt	195.00–205.00	1,120	4
Bulls	Medium and Large 1	—	480	218.53/cwt	215.00–222.50	1,049	5
Bulls	Medium and Large 1	—	518	212.52/cwt	207.50–220.00	1,101	5
Bulls	Medium and Large 1	—	665	187.51/cwt	182.50–195.00	1,247	3
Bulls	Medium and Large 1	—	613	189.53/cwt	185.00–204.00	1,162	8
Heifers	Medium and Large 2	—	313	197.60/cwt	195.00–200.00	618	2
Steers	Medium and Large 1Value Added	—	330	325.00/cwt	325.00–325.00	1,073	1
Steers	Medium and Large 1Value Added	—	370	315.00/cwt	315.00–315.00	1,166	2
Steers	Medium and Large 1	—	623	224.96/cwt	223.00–227.00	1,402	4
Steers	Medium and Large 1	—	430	260.28/cwt	250.00–270.00	1,119	5
Steers	Medium and Large 2	—	550	193.33/cwt	190.00–195.00	1,063	3
Steers	Medium and Large 2	—	510	198.37/cwt	195.00–200.00	1,012	3
Steers	Medium and Large 2	—	310	210.00/cwt	210.00–210.00	651	1
Steers	Medium and Large 1	—	325	276.85/cwt	275.00–285.00	900	5
Steers	Medium and Large 2	—	433	211.58/cwt	210.00–215.00	916	3
Steers	Medium and Large 1Value Added	—	450	265.00/cwt	265.00–265.00	1,193	2
Steers	Medium and Large 1	—	565	228.77/cwt	225.00–235.00	1,293	6
Heifers	Medium and Large 1Replacement	—	720	233.00/cwt	233.00–233.00	1,678	1
Steers	Medium and Large 1	—	509	236.47/cwt	227.00–252.50	1,204	7
Steers	Medium and Large 1	—	365	282.71/cwt	275.00–290.00	1,032	2
Steers	Medium and Large 1	—	785	220.00/cwt	220.00–220.00	1,727	2
Steers	Medium and Large 1	—	466	250.06/cwt	235.00–260.00	1,165	6
Steers	Medium and Large 1	—	660	225.00/cwt	225.00–225.00	1,485	1
Heifers	Medium and Large 2	—	470	191.89/cwt	185.00–200.00	902	5
Heifers	Medium and Large 2	—	620	175.00/cwt	175.00–175.00	1,085	1
Heifers	Medium and Large 1	—	370	229.42/cwt	225.00–235.00	849	4
Heifers	Medium and Large 2	—	390	192.47/cwt	190.00–195.00	751	2
Heifers	Medium and Large 2	—	430	194.20/cwt	185.00–200.00	835	3
Heifers	Medium and Large 1	—	668	204.13/cwt	202.50–206.00	1,364	4
Heifers	Medium and Large 1	—	521	220.52/cwt	210.00–225.00	1,149	13
Heifers	Medium and Large 2	—	509	174.76/cwt	172.00–177.00	890	4
Heifers	Medium and Large 1	—	418	231.16/cwt	225.00–235.00	966	9
Heifers	Medium and Large 1	—	805	175.00/cwt	175.00–175.00	1,409	1
Heifers	Medium and Large 1	—	582	211.63/cwt	203.00–227.00	1,232	10
Heifers	Medium and Large 1	—	850	167.50/cwt	167.50–167.50	1,424	1
Heifers	Medium and Large 1	—	616	209.20/cwt	205.00–217.00	1,289	4
Heifers	Medium and Large 1	—	740	215.00/cwt	215.00–215.00	1,591	1
Heifers	Medium and Large 1	—	335	234.93/cwt	230.00–240.00	787	3
Heifers	Medium and Large 1	—	460	229.85/cwt	220.00–240.00	1,057	8
Cow-Calf Pairs	Medium and Large 1-2	—	1,105	1,225.00/head	1,225.00–1,225.00	1,225	1
Cow-Calf Pairs	Medium and Large 1-2	—	1,230	1,625.00/head	1,625.00–1,625.00	1,625	1
Bred Cows	Medium and Large 1-2	—	1,090	1,500.00/head	1,500.00–1,500.00	1,500	1
Bulls	—	—	1,623	106.49/cwt	104.00–113.00	1,728	3
Cows	Lean 85-90%	—	949	93.99/cwt	93.00–95.00	892	4
Cows	Lean 85-90%	—	754	68.40/cwt	64.00–74.00	516	7
Bulls	—	—	1,484	96.16/cwt	92.00–102.00	1,427	4
Cows	Boner 80-85%	—	1,192	100.48/cwt	96.00–105.00	1,198	18
Cows	Boner 80-85%	—	1,214	112.41/cwt	107.00–119.00	1,365	9
Cows	Boner 80-85%	—	1,030	85.45/cwt	83.00–88.00	880	4
Cows	Lean 85-90%	—	938	89.11/cwt	86.00–91.00	836	12

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.

Arkansas feeder prices, every weight →Every state and region →

Hope Livestock Auction - Hope, AR

Thu Aug 3, 2023

USDA Livestock, Poultry & Grain Market News · Federal-State Market News Service, Little Rock, AR (LS-LR)

Feeder CattleReceipts 428Last week 479Year ago 592

Slaughter CattleReceipts 116Last week 152Year ago 110

Replacement CattleReceipts 10Last week 15Year ago 20

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Bulls — Medium and Large 1$ per cwt · actual wt
4	—	560	195.00–205.00	199.93
5	—	480	215.00–222.50	218.53
5	—	518	207.50–220.00	212.52
3	—	665	182.50–195.00	187.51
8	—	613	185.00–204.00	189.53
Heifers — Medium and Large 2$ per cwt · actual wt
2	—	313	195.00–200.00	197.60
5	—	470	185.00–200.00	191.89
1	—	620	175.00	175.00
2	—	390	190.00–195.00	192.47
3	—	430	185.00–200.00	194.20
4	—	509	172.00–177.00	174.76
Heifers — Medium and Large 1 · Replacement$ per cwt · actual wt
1	—	720	233.00	233.00
Heifers — Medium and Large 1$ per cwt · actual wt
4	—	370	225.00–235.00	229.42
4	—	668	202.50–206.00	204.13
13	—	521	210.00–225.00	220.52
9	—	418	225.00–235.00	231.16
1	—	805	175.00	175.00
10	—	582	203.00–227.00	211.63
1	—	850	167.50	167.50
4	—	616	205.00–217.00	209.20
1	—	740	215.00	215.00
3	—	335	230.00–240.00	234.93
8	—	460	220.00–240.00	229.85
Steers — Medium and Large 1 · Value Added$ per cwt · actual wt
1	—	330	325.00	325.00
2	—	370	315.00	315.00
2	—	450	265.00	265.00
Steers — Medium and Large 1$ per cwt · actual wt
4	—	623	223.00–227.00	224.96
5	—	430	250.00–270.00	260.28
5	—	325	275.00–285.00	276.85
6	—	565	225.00–235.00	228.77
7	—	509	227.00–252.50	236.47
2	—	365	275.00–290.00	282.71
2	—	785	220.00	220.00
6	—	466	235.00–260.00	250.06
1	—	660	225.00	225.00
Steers — Medium and Large 2$ per cwt · actual wt
3	—	550	190.00–195.00	193.33
3	—	510	195.00–200.00	198.37
1	—	310	210.00	210.00
3	—	433	210.00–215.00	211.58

Replacement Cattle

As reported

Age	Stage	Head	Wt range	Avg wt	Price range	Avg price
Cow-Calf Pairs — Medium and Large 1-2$ per head · actual wt
Aged (>8 yrs)	Open	1	—	1,105	1,225.00	1,225.00
Middle Aged (5-8 yrs)	Open	1	—	1,230	1,625.00	1,625.00
Bred Cows — Medium and Large 1-2$ per head · actual wt
Young (2-4 yrs)	2nd Stage (4-6 mo)	1	—	1,090	1,500.00	1,500.00

Slaughter Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Bulls$ per cwt · actual wt
3	—	1,623	104.00–113.00	106.49
4	—	1,484	92.00–102.00	96.16
Cows — Lean 85-90%$ per cwt · actual wt
4	—	949	93.00–95.00	93.99
7	—	754	64.00–74.00	68.40
12	—	938	86.00–91.00	89.11
Cows — Boner 80-85%$ per cwt · actual wt
18	—	1,192	96.00–105.00	100.48
9	—	1,214	107.00–119.00	112.41
4	—	1,030	83.00–88.00	85.45

Head, weight ranges, average weights and price ranges are exactly as USDA AMS filed them — nothing recomputed, nothing rounded — in USDA's own reporting structure. This is RaisedBeef's rendering of that data, not a copy of USDA's document.

Feeder Cattle — prices, barns, and planning

Fed Cattle — the cash market and what quality pays

Beef & Retail — from the box to the grocery shelf

Feed & Hay — the cost side, cash not futures

Cows & Bred Stock — the rebuild market

More

Hope Livestock Auction Inc.

Reporter comment USDA

Heifers · summary 0–100 lb

What quality paid 0–100 lb

How it compared 0–100 lb

Slaughter cattle

Replacement cattle Per head

Every lot, as filed

How this sale compares

Hope Livestock Auction - Hope, AR

Feeder Cattle

Replacement Cattle

Slaughter Cattle