Name: Hope Livestock Auction Inc. livestock auction prices — 2023-09-07
Creator: RaisedBeef
Published: 2023-09-07

Reporter comment USDA

As filed

Compared to last week: Feeder steers under 400 lbs. steady to 4.00 lower; over 400 lbs. 5.00-10.00 instances 15.00 higher. Feeder heifers 4.00-8.00 higher, instances 12.00-13.00 higher. Slaughter cows 2.00-4.00 lower. Slaughter bulls 2.00 higher. Quality was average to attractive. Most classes were higher this week. Some were considerably higher. Buyers were active this week.

Weight class

Heifers · summary 0–100 lb

Weighted average of every reported lot

0–100 lb heifers averaged $227.10/cwt on 125 head.

Average price

$227.10

125 head · 471 lb average

Value per head Derived

$1,071

Price × average weight ÷ 100

Grade differential Derived

$256

per head · Medium and Large 1 over Medium and Large 2

$26.52/cwt at this weight

vs the market

−10.52

vs AR average

What quality paid 0–100 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1	485	233.04	1,131	97
Medium and Large 2	424	206.53	875	28

One grade step is worth $26.52/cwt here — about $256 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 sale125 hd

227.10

—

AR average9 barns · 1,607 hd

237.62

−10.52

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.

Class	Grade	Dressing	Avg wt	$/cwt	$/head	Head
Bulls	—	Low	1,523	105.97	1,614	9thin
Cows	Boner 80-85%	Low	1,169	100.11	1,170	35
Cows	Breaker 75-80%	Average	1,425	97.25	1,386	3thin
Cows	Lean 85-90%	Average	929	82.36	765	11

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.

Class	Grade / description	Weight	Avg wt	Price	Range	Per head	Head
Bulls	Medium and Large 1	—	464	251.86/cwt	248.00–255.00	1,169	7
Bulls	Medium and Large 1	—	572	223.34/cwt	220.00–225.00	1,278	3
Bulls	Medium and Large 1	—	617	215.67/cwt	212.50–217.50	1,331	6
Bulls	Medium and Large 1	—	671	205.38/cwt	200.00–215.00	1,378	7
Bulls	Medium and Large 1	—	528	223.77/cwt	220.00–229.00	1,182	5
Heifers	Medium and Large 1Fancy	—	363	286.37/cwt	280.00–291.00	1,040	3
Steers	Medium and Large 1	—	370	293.12/cwt	270.00–315.00	1,085	17
Steers	Medium and Large 2	—	386	228.02/cwt	220.00–235.00	880	10
Steers	Medium and Large 1	—	413	278.29/cwt	257.00–305.00	1,149	18
Heifers	Medium and Large 1	—	950	162.50/cwt	162.50–162.50	1,544	1
Steers	Medium and Large 1	—	464	260.35/cwt	252.00–268.00	1,208	8
Steers	Medium and Large 1	—	556	250.83/cwt	242.50–255.00	1,395	6
Steers	Medium and Large 1	—	521	253.47/cwt	247.00–260.00	1,321	7
Steers	Medium and Large 1	—	324	303.96/cwt	285.00–320.00	985	7
Steers	Medium and Large 2	—	525	210.00/cwt	210.00–210.00	1,103	2
Heifers	Medium and Large 2	—	475	206.60/cwt	205.00–210.00	981	6
Steers	Medium and Large 2	—	475	230.00/cwt	230.00–230.00	1,093	1
Steers	Medium and Large 2	—	590	200.00/cwt	200.00–200.00	1,180	1
Steers	Medium and Large 2	—	324	234.04/cwt	230.00–245.00	758	5
Steers	Medium and Large 2	—	409	219.43/cwt	203.00–228.00	897	6
Heifers	Medium and Large 1	—	374	245.33/cwt	235.00–265.00	918	13
Heifers	Medium and Large 2	—	432	204.43/cwt	192.50–210.00	883	10
Steers	Medium and Large 1Fancy	—	310	340.00/cwt	340.00–340.00	1,054	1
Steers	Medium and Large 1	—	700	239.00/cwt	239.00–239.00	1,673	1
Steers	Medium and Large 1	—	617	244.32/cwt	241.00–247.00	1,507	3
Steers	Medium and Large 1	—	675	237.21/cwt	230.00–242.00	1,601	4
Heifers	Medium and Large 1	—	660	204.53/cwt	200.00–209.00	1,350	2
Heifers	Medium and Large 2	—	368	208.99/cwt	195.00–215.00	769	6
Heifers	Medium and Large 1	—	418	241.17/cwt	225.00–272.50	1,008	16
Heifers	Medium and Large 1	—	783	184.99/cwt	181.00–189.00	1,448	2
Heifers	Medium and Large 1	—	617	217.05/cwt	205.00–229.00	1,339	7
Heifers	Medium and Large 1	—	571	222.59/cwt	212.00–230.00	1,271	11
Heifers	Medium and Large 1	—	818	181.98/cwt	181.00–183.00	1,489	2
Heifers	Medium and Large 2	—	512	201.71/cwt	200.00–205.00	1,033	3
Heifers	Medium and Large 1	—	329	253.23/cwt	235.00–270.00	833	9
Heifers	Medium and Large 2	—	317	213.26/cwt	210.00–220.00	676	3
Heifers	Medium and Large 1	—	523	227.26/cwt	217.00–235.00	1,189	15
Heifers	Medium and Large 1	—	472	233.54/cwt	229.00–243.00	1,102	16
Bulls	—	—	1,361	100.02/cwt	97.00–103.00	1,361	4
Cows	Boner 80-85%	—	1,054	84.00/cwt	82.00–85.00	885	4
Cows	Boner 80-85%	—	1,189	98.29/cwt	93.00–105.00	1,169	22
Cows	Boner 80-85%	—	1,172	111.70/cwt	107.00–119.00	1,309	9
Cows	Breaker 75-80%	—	1,425	97.25/cwt	95.00–99.00	1,386	3
Cows	Lean 85-90%	—	952	85.86/cwt	84.00–89.00	817	7
Cows	Lean 85-90%	—	835	71.64/cwt	68.00–74.00	598	3
Bulls	—	—	1,653	110.73/cwt	108.00–115.00	1,830	5
Cows	Lean 85-90%	—	1,045	90.00/cwt	90.00–90.00	941	1

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.

Arkansas feeder prices, every weight →Every state and region →

Hope Livestock Auction - Hope, AR

Thu Sep 7, 2023

USDA Livestock, Poultry & Grain Market News · Federal-State Market News Service, Little Rock, AR (LS-LR)

Feeder CattleReceipts 582Last week 819Year ago 621

Slaughter CattleReceipts 121Last week 196Year ago 107

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Bulls — Medium and Large 1$ per cwt · actual wt
7	—	464	248.00–255.00	251.86
3	—	572	220.00–225.00	223.34
6	—	617	212.50–217.50	215.67
7	—	671	200.00–215.00	205.38
5	—	528	220.00–229.00	223.77
Heifers — Medium and Large 1 · Fancy$ per cwt · actual wt
3	—	363	280.00–291.00	286.37
Heifers — Medium and Large 1$ per cwt · actual wt
1	—	950	162.50	162.50
13	—	374	235.00–265.00	245.33
2	—	660	200.00–209.00	204.53
16	—	418	225.00–272.50	241.17
2	—	783	181.00–189.00	184.99
7	—	617	205.00–229.00	217.05
11	—	571	212.00–230.00	222.59
2	—	818	181.00–183.00	181.98
9	—	329	235.00–270.00	253.23
15	—	523	217.00–235.00	227.26
16	—	472	229.00–243.00	233.54
Heifers — Medium and Large 2$ per cwt · actual wt
6	—	475	205.00–210.00	206.60
10	—	432	192.50–210.00	204.43
6	—	368	195.00–215.00	208.99
3	—	512	200.00–205.00	201.71
3	—	317	210.00–220.00	213.26
Steers — Medium and Large 1$ per cwt · actual wt
17	—	370	270.00–315.00	293.12
18	—	413	257.00–305.00	278.29
8	—	464	252.00–268.00	260.35
6	—	556	242.50–255.00	250.83
7	—	521	247.00–260.00	253.47
7	—	324	285.00–320.00	303.96
1	—	700	239.00	239.00
3	—	617	241.00–247.00	244.32
4	—	675	230.00–242.00	237.21
Steers — Medium and Large 2$ per cwt · actual wt
10	—	386	220.00–235.00	228.02
2	—	525	210.00	210.00
1	—	475	230.00	230.00
1	—	590	200.00	200.00
5	—	324	230.00–245.00	234.04
6	—	409	203.00–228.00	219.43
Steers — Medium and Large 1 · Fancy$ per cwt · actual wt
1	—	310	340.00	340.00

Slaughter Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Bulls$ per cwt · actual wt
4	—	1,361	97.00–103.00	100.02
5	—	1,653	108.00–115.00	110.73
Cows — Boner 80-85%$ per cwt · actual wt
4	—	1,054	82.00–85.00	84.00
22	—	1,189	93.00–105.00	98.29
9	—	1,172	107.00–119.00	111.70
Cows — Breaker 75-80%$ per cwt · actual wt
3	—	1,425	95.00–99.00	97.25
Cows — Lean 85-90%$ per cwt · actual wt
7	—	952	84.00–89.00	85.86
3	—	835	68.00–74.00	71.64
1	—	1,045	90.00	90.00

Head, weight ranges, average weights and price ranges are exactly as USDA AMS filed them — nothing recomputed, nothing rounded — in USDA's own reporting structure. This is RaisedBeef's rendering of that data, not a copy of USDA's document.

Feeder Cattle — prices, barns, and planning

Fed Cattle — the cash market and what quality pays

Beef & Retail — from the box to the grocery shelf

Feed & Hay — the cost side, cash not futures

Cows & Bred Stock — the rebuild market

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Hope Livestock Auction Inc.