Sale reports / Arkansas / Hope Livestock Auction Inc. / 2023-08-31

Hope Livestock Auction Inc.

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Hope, Arkansas · Thu, Aug 31
● Final58 lots reportedUSDA AMS · slug 2058
Feeder Cattle receipts
819 head
438 vs last sale 381 341 vs year ago 478 · +71.3%
Slaughter Cattle receipts
196 head
123 vs last sale 73 105 vs year ago 91 · +115.4%
Replacement Cattle receipts
15 head
5 vs last sale 10 5 vs year ago 10 · +50.0%
View

Reporter comment USDA

As filed

Compared to last week: Feeder steers under 400 lbs. 15.00-20.00 higher; 400-650 lb. 2.00-7.00 lower; over 650 lbs. 4.00-5.00 higher. Feeder heifers steady to 5.00 lower. Slaughter cows 1.00-2.00 higher. Slaughter bulls steady to 1.00 lower. Quality was average. Market was a little softer in spots but light weight steers were considerably higher.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $241.92/cwt on 164 head.
Average price
$241.92
164 head · 518 lb average
Value per head Derived
$1,254
Price × average weight ÷ 100
Grade differential Derived
$343
per head · Medium and Large 1 over Medium and Large 2
$33.44/cwt at this weight
vs the market
23.46
vs AR average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1536249.871,340125
Medium and Large 2461216.4399739
One grade step is worth $33.44/cwt here — about $343 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 sale164 hd
241.92
AR average9 barns · 1,628 hd
265.37
−23.46
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
BullsLow1,554104.281,62013
CowsBreaker 75-80%Average1,430100.351,4353thin
CowsBoner 80-85%High1,10699.181,09759
CowsLean 85-90%Average95986.398298thin

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 Cows1st Stage (1-3 mo)Young (2-4 yrs)1,030$1,4501thin
Bred Cows2nd Stage (4-6 mo)Middle Aged (5-8 yrs)1,155$1,3502thin
Cow-Calf PairsOpenMiddle Aged (5-8 yrs)1,160$1,6132thin

Every lot, as filed

58 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 1683213.77/cwt212.50–215.001,4602
BullsMedium and Large 1569217.01/cwt215.00–219.001,2357
BullsMedium and Large 1518222.96/cwt220.00–225.001,1558
BullsMedium and Large 1632208.14/cwt200.00–221.001,3155
BullsMedium and Large 1468238.50/cwt225.00–245.001,11611
SteersMedium and Large 2423212.46/cwt205.00–220.008994
Bulls1,27092.28/cwt90.00–94.001,1723
BullsMedium and Large 1750185.00/cwt185.00–185.001,3881
SteersMedium and Large 1472254.35/cwt245.00–265.001,20116
SteersMedium and Large 1820200.00/cwt200.00–200.001,6402
SteersMedium and Large 2318233.30/cwt230.00–235.007423
SteersMedium and Large 2568206.64/cwt200.00–215.001,1746
SteersMedium and Large 1320302.98/cwt275.00–325.0097011
SteersMedium and Large 1678232.85/cwt226.00–245.001,57913
SteersMedium and Large 1637232.28/cwt223.00–243.001,4806
SteersMedium and Large 2478219.07/cwt215.00–222.001,0476
HeifersMedium and Large 11,055125.00/cwt125.00–125.001,3191
HeifersMedium and Large 1379238.13/cwt225.00–251.009038
SteersMedium and Large 1422256.01/cwt250.00–262.001,08010
SteersMedium and Large 1713233.50/cwt230.00–237.001,6655
SteersMedium and Large 1377298.06/cwt275.00–325.001,12415
SteersMedium and Large 1875203.52/cwt200.00–207.001,7812
HeifersMedium and Large 2375205.70/cwt200.00–210.0077112
HeifersMedium and Large 1428227.70/cwt220.00–240.009758
SteersMedium and Large 2380226.00/cwt215.00–245.0085910
SteersMedium and Large 11,175146.04/cwt143.00–149.001,7162
SteersMedium and Large 1514239.29/cwt232.00–255.001,23018
SteersMedium and Large 1569234.79/cwt230.00–239.001,33620
HeifersMedium and Large 1522222.39/cwt215.00–230.001,16111
HeifersMedium and Large 2320210.00/cwt210.00–210.006726
HeifersMedium and Large 1738194.50/cwt194.00–195.001,4352
SteersMedium and Large 1Fleshy595224.00/cwt224.00–224.001,3332
SteersMedium and Large 1777220.70/cwt218.00–225.001,7153
SteersMedium and Large 2525207.69/cwt200.00–215.001,09010
HeifersMedium and Large 1968128.35/cwt125.00–130.001,2423
HeifersMedium and Large 2410203.13/cwt200.00–205.008338
HeifersMedium and Large 2530193.40/cwt190.00–200.001,0253
HeifersMedium and Large 11,045130.00/cwt130.00–130.001,3591
HeifersMedium and Large 2483194.49/cwt190.00–200.009395
HeifersMedium and Large 1765189.59/cwt185.00–194.001,4502
HeifersMedium and Large 1Fancy410275.00/cwt275.00–275.001,1282
HeifersMedium and Large 1676195.35/cwt190.00–198.001,3215
HeifersMedium and Large 1560209.83/cwt207.00–214.001,1756
HeifersMedium and Large 1612202.70/cwt195.00–208.001,2419
HeifersMedium and Large 1467225.47/cwt220.00–232.501,05312
HeifersMedium and Large 1822179.75/cwt162.50–190.001,4783
Cow-Calf PairsMedium and Large 1-29651,475.00/head1,475.00–1,475.001,4751
Cow-Calf PairsMedium and Large 1-21,3551,750.00/head1,750.00–1,750.001,7501
Bred CowsMedium and Large 1-21,0301,450.00/head1,450.00–1,450.001,4501
Bred CowsMedium and Large 1-21,1551,350.00/head1,350.00–1,350.001,3502
Bred CowsMedium and Large 1-21,183126.35/cwt125.00–127.001,4953
CowsBoner 80-85%1,177108.73/cwt107.00–113.001,2809
CowsBoner 80-85%1,04188.74/cwt85.00–91.0092412
CowsBoner 80-85%1,109100.22/cwt95.00–105.001,11138
CowsBreaker 75-80%1,430100.35/cwt94.00–105.001,4353
Bulls1,639107.88/cwt100.00–114.001,76810
CowsLean 85-90%97988.73/cwt84.00–92.008697
CowsLean 85-90%82070.00/cwt70.00–70.005741

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.