Sale reports / Arkansas / Hope Livestock Auction Inc. / 2023-08-17

Hope Livestock Auction Inc.

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Hope, Arkansas · Thu, Aug 17
● Final55 lots reportedUSDA AMS · slug 2058
Feeder Cattle receipts
655 head
100 vs last sale 555 34 vs year ago 689 · 4.9%
Slaughter Cattle receipts
241 head
113 vs last sale 128 144 vs year ago 97 · +148.5%
Replacement Cattle receipts
25 head
15 vs last sale 10 10 vs year ago 15 · +66.7%
View

Reporter comment USDA

As filed

Compared to last week: Feeder steers under 500 lbs. unevenly steady; over 500 lbs. 2.00-10.00 higher. Feeder heifers under 500 lbs. steady to 2.00 lower; over 500 lbs. 1.00-5.00 higher. Slaughter cows steady to 2.00 higher. Slaughter bulls steady to 1.00 lower. Quality was average to attractive. Market continues to be strong on most classes of cattle.

Weight class

Heifers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb heifers averaged $221.13/cwt on 141 head.
Average price
$221.13
141 head · 500 lb average
Value per head Derived
$1,106
Price × average weight ÷ 100
Grade differential Derived
$280
per head · Medium and Large 1 over Medium and Large 2
$33.12/cwt at this weight
vs the market
15.68
vs AR average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1514229.351,179106
Medium and Large 2458196.2489935
One grade step is worth $33.12/cwt here — about $280 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 sale141 hd
221.13
AR average8 barns · 1,731 hd
236.81
−15.68
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
BullsLow1,611104.841,68914
CowsBoner 80-85%Low1,14896.981,11371
CowsBreaker 75-80%Low1,44785.751,2404thin
CowsLean 85-90%Low91781.9875221

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 Cows2nd Stage (4-6 mo)Young (2-4 yrs)1,158$1,4002thin
Bred Cows2nd Stage (4-6 mo)Middle Aged (5-8 yrs)1,128$1,2954thin
Cow-Calf PairsOpenMiddle Aged (5-8 yrs)1,274$1,5934thin
Cow-Calf PairsOpenYoung (2-4 yrs)1,250$1,5643thin

Every lot, as filed

55 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 1631214.43/cwt200.00–222.501,3535
BullsMedium and Large 1531222.61/cwt219.00–225.001,1827
BullsMedium and Large 1463235.30/cwt232.00–237.001,0894
BullsMedium and Large 1581223.49/cwt220.00–227.001,2984
CowsLean 85-90%78861.39/cwt55.00–70.004845
CowsBoner 80-85%1,05686.30/cwt82.00–90.0091115
CowsBoner 80-85%1,178106.29/cwt105.00–114.001,2529
CowsBoner 80-85%1,17198.61/cwt94.00–104.001,15547
CowsLean 85-90%95788.42/cwt85.00–90.0084616
CowsBreaker 75-80%1,50083.10/cwt82.00–84.001,2462
CowsBreaker 75-80%1,39388.39/cwt87.00–90.001,2312
Bulls1,41094.20/cwt92.00–97.001,3282
Bulls1,645106.61/cwt103.00–115.001,75412
Bred CowsMedium and Large 1-21,238114.52/cwt113.00–116.001,4182
Cow-Calf PairsMedium and Large 1-21,2501,563.97/head1,450.00–1,725.001,5643
Cow-Calf PairsMedium and Large 1-21,2741,593.35/head1,425.00–1,700.001,5934
Bred CowsMedium and Large 1-21,1581,400.11/head1,350.00–1,450.001,4002
Bred CowsMedium and Large 1-21,1281,294.73/head1,050.00–1,450.001,2954
HeifersMedium and Large 1561224.81/cwt220.00–229.001,2619
HeifersMedium and Large 1770192.50/cwt192.50–192.501,4821
HeifersMedium and Large 2465200.53/cwt195.00–210.009327
HeifersMedium and Large 2375206.21/cwt200.00–210.007735
HeifersMedium and Large 2524180.06/cwt177.00–185.009448
HeifersMedium and Large 1Fleshy640185.00/cwt185.00–185.001,1842
HeifersMedium and Large 1664204.84/cwt202.00–210.001,3606
SteersMedium and Large 2466219.73/cwt215.00–227.001,0246
HeifersMedium and Large 1468230.63/cwt221.00–237.501,07914
HeifersMedium and Large 1523224.74/cwt215.00–235.001,17515
HeifersMedium and Large 2319215.74/cwt210.00–220.006885
HeifersMedium and Large 1330243.02/cwt235.00–255.008028
HeifersMedium and Large 1368239.15/cwt235.00–245.0088010
SteersMedium and Large 2373228.15/cwt220.00–235.0085112
SteersMedium and Large 2331227.49/cwt220.00–240.007535
SteersMedium and Large 1567242.29/cwt230.00–251.001,37410
SteersMedium and Large 1Value Added633242.67/cwt241.00–247.001,5367
SteersMedium and Large 1725225.17/cwt221.00–235.001,6324
SteersMedium and Large 1376282.16/cwt270.00–295.001,06115
SteersMedium and Large 1815227.00/cwt227.00–227.001,8501
SteersMedium and Large 1660231.50/cwt229.00–235.001,5284
SteersMedium and Large 1515255.94/cwt243.00–267.501,31811
SteersMedium and Large 1625240.71/cwt231.00–252.501,50412
SteersMedium and Large 1468259.58/cwt252.50–272.501,21510
HeifersMedium and Large 1Replacement480272.53/cwt270.00–275.001,3086
HeifersMedium and Large 1Replacement530275.09/cwt265.00–285.001,4584
HeifersMedium and Large 1Replacement553268.31/cwt265.00–275.001,4843
SteersMedium and Large 2423227.37/cwt225.00–230.009624
SteersMedium and Large 1Value Added415290.00/cwt290.00–290.001,2041
SteersMedium and Large 1425265.94/cwt255.00–275.001,13011
HeifersMedium and Large 1420236.13/cwt230.00–240.0099212
HeifersMedium and Large 1618210.35/cwt200.00–222.001,30013
HeifersMedium and Large 2625170.00/cwt170.00–170.001,0631
HeifersMedium and Large 1982150.86/cwt147.50–155.001,4813
SteersMedium and Large 1327280.34/cwt275.00–290.0091713
HeifersMedium and Large 2434203.03/cwt200.00–205.008815
HeifersMedium and Large 2581182.29/cwt177.00–187.001,0594

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.