Sale reports / Arkansas / Hope Livestock Auction Inc. / 2023-08-10

Hope Livestock Auction Inc.

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Hope, Arkansas · Thu, Aug 10
● Final51 lots reportedUSDA AMS · slug 2058
Feeder Cattle receipts
555 head
▲ 127 vs last sale 428▲ 16 vs year ago 539 · +3.0%
Slaughter Cattle receipts
128 head
▲ 12 vs last sale 116▲ 51 vs year ago 77 · +66.2%
Replacement Cattle receipts
10 head
▲ 0 vs last sale 10▲ 10 vs year ago 0 · no sale a year ago
View

Reporter comment USDA

As filed

Compared to last week: Feeder steers 3.00-10.00 higher. Feeder heifers 2.00-10.00 higher. Slaughter cows 2.00-5.00 lower. Slaughter bulls steady. Quality was average. Market was strong on most classes of feeder cattle. Slaughter cattle were a tick softer this week. Demand has remained high for quality calves. Sold a video load this week to view information click this link (https://www.ams.usda.gov/mnreports/am3628.pdf ).

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $241.82/cwt on 134 head.
Average price
$241.82
134 head · 496 lb average
Value per head Derived
$1,199
Price × average weight ÷ 100
Grade differential Derived
$426
per head · Medium and Large 1 over Medium and Large 2
$30.21/cwt at this weight
vs the market
−7.47
vs AR average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1532250.841,33494
Medium and Large 2412220.6390840
One grade step is worth $30.21/cwt here — about $426 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 sale134 hd
241.82
—
AR average11 barns · 2,098 hd
249.29
−7.47
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—Low1,555103.431,60915
CowsBoner 80-85%Average1,15193.781,07944
CowsBreaker 75-80%Average1,60090.321,4453thin
CowsLean 85-90%Low92582.3676213

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
Cow-Calf PairsOpenMiddle Aged (5-8 yrs)1,193$1,8252thin

Every lot, as filed

51 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
BullsMedium and Large 1—520213.69/cwt200.00–225.001,1118
BullsMedium and Large 1—730200.00/cwt200.00–200.001,4601
BullsMedium and Large 1—630201.83/cwt200.00–205.001,2725
BullsMedium and Large 1—569208.28/cwt207.00–210.001,1857
BullsMedium and Large 1—680207.00/cwt207.00–207.001,4081
HeifersMedium and Large 1—471231.88/cwt220.00–243.001,09210
SteersMedium and Large 2—366226.78/cwt218.00–240.008308
SteersMedium and Large 1—780218.00/cwt218.00–218.001,7001
SteersMedium and Large 1—623236.45/cwt230.00–241.001,4737
SteersMedium and Large 1—376279.29/cwt265.00–290.001,05012
SteersMedium and Large 1Value Added—745225.00/cwt225.00–225.001,67611
SteersMedium and Large 1—470263.43/cwt249.00–272.501,23812
SteersMedium and Large 2—524207.70/cwt200.00–215.001,0887
SteersMedium and Large 2—326228.16/cwt220.00–245.0074411
SteersMedium and Large 2—468214.26/cwt210.00–220.001,0038
SteersMedium and Large 1—805210.00/cwt210.00–210.001,6911
SteersMedium and Large 1—326275.50/cwt265.00–285.008987
SteersMedium and Large 1—520245.18/cwt230.00–265.001,27512
SteersMedium and Large 2—423222.19/cwt215.00–230.009406
HeifersMedium and Large 1—810175.00/cwt175.00–175.001,4181
SteersMedium and Large 1—429269.18/cwt260.00–295.001,15511
SteersMedium and Large 1—674230.73/cwt222.50–237.501,5558
SteersMedium and Large 1—570234.30/cwt222.50–247.501,3369
SteersMedium and Large 1—710220.00/cwt220.00–220.001,5621
SteersMedium and Large 1Value Added—615251.00/cwt251.00–251.001,5442
CowsBreaker 75-80%—1,60090.32/cwt90.00–91.001,4453
CowsBoner 80-85%—1,18596.10/cwt92.00–103.001,13932
CowsBoner 80-85%—1,03283.70/cwt80.00–86.0086410
Bulls——1,42895.39/cwt91.00–100.001,3626
Bulls——1,970120.00/cwt120.00–120.002,3641
CowsBoner 80-85%—1,203107.04/cwt106.00–108.001,2882
CowsLean 85-90%—78866.74/cwt65.00–70.005263
CowsLean 85-90%—96687.04/cwt84.00–89.0084110
Bulls——1,599107.38/cwt105.00–114.001,7178
Cow-Calf PairsMedium and Large 1-2—1,4602,025.00/head2,025.00–2,025.002,0251
Cow-Calf PairsMedium and Large 1-2—9251,625.00/head1,625.00–1,625.001,6251
HeifersMedium and Large 1—723187.90/cwt182.00–194.001,3592
HeifersMedium and Large 2—514179.87/cwt175.00–190.009258
HeifersMedium and Large 1—523223.47/cwt216.00–230.001,1699
BullsMedium and Large 1—477219.34/cwt210.00–225.001,04610
HeifersMedium and Large 2—318204.88/cwt200.00–210.006524
HeifersMedium and Large 1—324245.26/cwt230.00–250.007957
HeifersMedium and Large 1—571217.97/cwt208.00–227.501,2458
HeifersMedium and Large 1—435237.19/cwt225.00–247.501,03213
HeifersMedium and Large 2—375201.58/cwt200.00–203.007564
HeifersMedium and Large 1—760178.00/cwt178.00–178.001,3531
HeifersMedium and Large 1—380237.98/cwt230.00–247.5090413
HeifersMedium and Large 2—474195.09/cwt190.00–200.009254
HeifersMedium and Large 2—426203.35/cwt200.00–205.008666
HeifersMedium and Large 1—680192.00/cwt192.00–192.001,3061
HeifersMedium and Large 1—640205.00/cwt205.00–205.001,3121

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.