Sale reports / Arkansas / Hope Livestock Auction Inc. / 2023-08-24

Hope Livestock Auction Inc.

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Hope, Arkansas · Thu, Aug 24
● Final47 lots reportedUSDA AMS · slug 2058
Feeder Cattle receipts
381 head
▼ 274 vs last sale 655▼ 170 vs year ago 551 · −30.9%
Slaughter Cattle receipts
73 head
▼ 168 vs last sale 241▼ 13 vs year ago 86 · −15.1%
Replacement Cattle receipts
10 head
▼ 15 vs last sale 25▼ 10 vs year ago 20 · −50.0%
View

Reporter comment USDA

As filed

Compared to last week: Feeder steers 2.00-8.00 lower. Feeder heifers 3.00-10.00 lower. Slaughter cows steady to 1.00 lower. Slaughter bulls steady. Limited receipts this week due to extreme heat. Quality was average to plain. Market was softer in most spots. Sold 4 loads on video this week to view information click this link ( https://www.ams.usda.gov/mnreports/ams_3628.pdf ).

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $242.49/cwt on 92 head.
Average price
$242.49
92 head · 515 lb average
Value per head Derived
$1,248
Price × average weight ÷ 100
Grade differential Derived
$379
per head · Medium and Large 1 over Medium and Large 2
$34.42/cwt at this weight
vs the market
−12.37
vs AR average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1535250.351,34071
Medium and Large 2445215.9396121
One grade step is worth $34.42/cwt here — about $379 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 sale92 hd
242.49
—
AR average8 barns · 525 hd
254.86
−12.37
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—Average1,596108.941,7394thin
CowsBoner 80-85%Low1,14798.351,12822
CowsBreaker 75-80%Average1,59090.001,4311thin
CowsLean 85-90%Average84872.1261214

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)1,000$1,6001thin
Bred Cows2nd Stage (4-6 mo)Middle Aged (5-8 yrs)1,355$1,4501thin
Cow-Calf PairsOpenMiddle Aged (5-8 yrs)1,205$1,5001thin

Every lot, as filed

47 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
CowsLean 85-90%—98987.20/cwt83.00–90.008627
Bulls——1,596108.94/cwt105.00–117.001,7394
CowsLean 85-90%—70757.03/cwt50.00–62.004037
CowsBreaker 75-80%—1,59090.00/cwt90.00–90.001,4311
CowsBoner 80-85%—1,06582.99/cwt82.00–84.008842
CowsBoner 80-85%—1,108107.05/cwt105.00–109.001,1862
CowsBoner 80-85%—1,16099.09/cwt93.00–104.001,14918
Bred CowsMedium and Large 1-2—1,0001,600.00/head1,600.00–1,600.001,6001
Bred CowsMedium and Large 1-2—1,3551,450.00/head1,450.00–1,450.001,4501
Cow-Calf PairsMedium and Large 1-2—1,2051,500.00/head1,500.00–1,500.001,5001
HeifersMedium and Large 1—322235.95/cwt225.00–240.007605
HeifersMedium and Large 2—376202.56/cwt200.00–210.007628
HeifersMedium and Large 1—516218.48/cwt211.00–225.001,1277
HeifersMedium and Large 1—414232.90/cwt220.00–242.5096410
HeifersMedium and Large 1—379238.27/cwt225.00–247.509034
HeifersMedium and Large 1Fleshy—555195.00/cwt195.00–195.001,0822
SteersMedium and Large 1Fancy—315365.00/cwt365.00–365.001,1501
HeifersMedium and Large 1—650208.00/cwt208.00–208.001,3521
HeifersMedium and Large 2—329208.23/cwt205.00–215.006858
HeifersMedium and Large 1—616206.12/cwt200.00–211.001,2707
HeifersMedium and Large 2—428202.57/cwt200.00–205.008676
HeifersMedium and Large 2—483195.00/cwt195.00–195.009423
SteersMedium and Large 1—515243.19/cwt235.00–250.001,2523
SteersMedium and Large 2—577201.59/cwt200.00–205.001,1633
HeifersMedium and Large 1—568209.74/cwt205.00–215.001,1914
SteersMedium and Large 2—465205.98/cwt205.00–207.009582
SteersMedium and Large 1—474256.21/cwt247.50–267.501,2145
SteersMedium and Large 1—421268.43/cwt250.00–287.501,1305
SteersMedium and Large 2—334231.96/cwt225.00–235.007755
SteersMedium and Large 1—615238.01/cwt227.00–247.501,4646
HeifersMedium and Large 1—467231.60/cwt220.00–247.501,08217
SteersMedium and Large 2—535210.00/cwt210.00–210.001,1241
SteersMedium and Large 2—373221.40/cwt215.00–225.008265
SteersMedium and Large 1—750225.00/cwt225.00–225.001,6881
SteersMedium and Large 1—311282.67/cwt265.00–315.008799
SteersMedium and Large 1—361272.50/cwt250.00–305.009849
SteersMedium and Large 2—445217.00/cwt215.00–218.009663
SteersMedium and Large 1—572240.95/cwt232.50–245.001,37810
SteersMedium and Large 1—714227.01/cwt220.00–230.001,62118
SteersMedium and Large 2—640195.00/cwt195.00–195.001,2482
SteersMedium and Large 1—653227.99/cwt225.00–230.001,4894
BullsMedium and Large 1—564214.29/cwt209.00–217.501,2097
BullsMedium and Large 1—621206.95/cwt205.00–215.001,2855
BullsMedium and Large 1—521220.94/cwt215.00–227.501,1519
BullsMedium and Large 1—669207.02/cwt195.00–220.001,3857
BullsMedium and Large 1—481224.15/cwt220.00–230.001,0786
BullsMedium and Large 1—785175.00/cwt175.00–175.001,3741

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.