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
BullsLow1,555103.431,60915
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 1520213.69/cwt200.00–225.001,1118
BullsMedium and Large 1730200.00/cwt200.00–200.001,4601
BullsMedium and Large 1630201.83/cwt200.00–205.001,2725
BullsMedium and Large 1569208.28/cwt207.00–210.001,1857
BullsMedium and Large 1680207.00/cwt207.00–207.001,4081
HeifersMedium and Large 1471231.88/cwt220.00–243.001,09210
SteersMedium and Large 2366226.78/cwt218.00–240.008308
SteersMedium and Large 1780218.00/cwt218.00–218.001,7001
SteersMedium and Large 1623236.45/cwt230.00–241.001,4737
SteersMedium and Large 1376279.29/cwt265.00–290.001,05012
SteersMedium and Large 1Value Added745225.00/cwt225.00–225.001,67611
SteersMedium and Large 1470263.43/cwt249.00–272.501,23812
SteersMedium and Large 2524207.70/cwt200.00–215.001,0887
SteersMedium and Large 2326228.16/cwt220.00–245.0074411
SteersMedium and Large 2468214.26/cwt210.00–220.001,0038
SteersMedium and Large 1805210.00/cwt210.00–210.001,6911
SteersMedium and Large 1326275.50/cwt265.00–285.008987
SteersMedium and Large 1520245.18/cwt230.00–265.001,27512
SteersMedium and Large 2423222.19/cwt215.00–230.009406
HeifersMedium and Large 1810175.00/cwt175.00–175.001,4181
SteersMedium and Large 1429269.18/cwt260.00–295.001,15511
SteersMedium and Large 1674230.73/cwt222.50–237.501,5558
SteersMedium and Large 1570234.30/cwt222.50–247.501,3369
SteersMedium and Large 1710220.00/cwt220.00–220.001,5621
SteersMedium and Large 1Value Added615251.00/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
Bulls1,42895.39/cwt91.00–100.001,3626
Bulls1,970120.00/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
Bulls1,599107.38/cwt105.00–114.001,7178
Cow-Calf PairsMedium and Large 1-21,4602,025.00/head2,025.00–2,025.002,0251
Cow-Calf PairsMedium and Large 1-29251,625.00/head1,625.00–1,625.001,6251
HeifersMedium and Large 1723187.90/cwt182.00–194.001,3592
HeifersMedium and Large 2514179.87/cwt175.00–190.009258
HeifersMedium and Large 1523223.47/cwt216.00–230.001,1699
BullsMedium and Large 1477219.34/cwt210.00–225.001,04610
HeifersMedium and Large 2318204.88/cwt200.00–210.006524
HeifersMedium and Large 1324245.26/cwt230.00–250.007957
HeifersMedium and Large 1571217.97/cwt208.00–227.501,2458
HeifersMedium and Large 1435237.19/cwt225.00–247.501,03213
HeifersMedium and Large 2375201.58/cwt200.00–203.007564
HeifersMedium and Large 1760178.00/cwt178.00–178.001,3531
HeifersMedium and Large 1380237.98/cwt230.00–247.5090413
HeifersMedium and Large 2474195.09/cwt190.00–200.009254
HeifersMedium and Large 2426203.35/cwt200.00–205.008666
HeifersMedium and Large 1680192.00/cwt192.00–192.001,3061
HeifersMedium and Large 1640205.00/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.