Sale reports / Arkansas / Hope Livestock Auction Inc. / 2023-09-14

Hope Livestock Auction Inc.

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Hope, Arkansas · Thu, Sep 14
● Final61 lots reportedUSDA AMS · slug 2058
Feeder Cattle receipts
970 head
388 vs last sale 582 349 vs year ago 621 · +56.2%
Slaughter Cattle receipts
177 head
56 vs last sale 121 70 vs year ago 107 · +65.4%
Replacement Cattle receipts
10 head
10 vs last sale 0 0 vs year ago 10 · +0.0%
View

Reporter comment USDA

As filed

Compared to last week: Feeder steers 5.00-10.00 instances 15.00 lower. Feeder heifers 2.00-10.00 lower. Slaughter cows 3.00-6.00 lower. Slaughter bulls 1.00-3.00 lower. Market was softer in most spots due to the higher number of fat new crop calves. Slaughter cattle were weaker as well. Buyers were active. Quality was average to attractive. The third Thursday stock cow special will be next week. Expecting 200-300 replacement cattle.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $247.04/cwt on 194 head.
Average price
$247.04
194 head · 517 lb average
Value per head Derived
$1,277
Price × average weight ÷ 100
Grade differential Derived
$411
per head · Medium and Large 1 over Medium and Large 2
$22.72/cwt at this weight
vs the market
14.54
vs AR average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1535250.211,338167
Medium and Large 2407227.4892627
One grade step is worth $22.72/cwt here — about $411 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 sale194 hd
247.04
AR average10 barns · 3,381 hd
261.58
−14.54
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
BullsLow1,623108.491,76110
CowsBreaker 75-80%Average1,375100.001,3752thin
CowsBoner 80-85%Low1,17191.031,06641
CowsLean 85-90%Low94479.2974815

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)Middle Aged (5-8 yrs)1,063$1,2558

Every lot, as filed

61 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
SteersMedium and Large 1Value Added575252.50/cwt252.50–252.501,4525
CowsBoner 80-85%1,03882.40/cwt80.00–84.0085510
CowsLean 85-90%83463.49/cwt60.00–65.005304
CowsLean 85-90%97883.94/cwt80.00–87.008219
CowsBreaker 75-80%1,375100.00/cwt100.00–100.001,3752
CowsBoner 80-85%1,263107.10/cwt104.00–112.001,3533
CowsBoner 80-85%1,20992.39/cwt88.00–98.001,11728
CowsLean 85-90%1,01090.00/cwt90.00–90.009092
Bulls1,41597.43/cwt95.00–100.001,3792
Bulls1,825125.00/cwt125.00–125.002,2811
Bulls1,654109.29/cwt105.00–113.001,8087
Bred CowsMedium and Large 1-21,0631,254.78/head1,225.00–1,300.001,2558
HeifersMedium and Large 2615218.00/cwt218.00–218.001,3415
HeifersMedium and Large 2520195.00/cwt195.00–195.001,0142
HeifersMedium and Large 1415230.29/cwt225.00–235.0095612
HeifersMedium and Large 2422204.07/cwt200.00–210.0086110
HeifersMedium and Large 1322245.33/cwt235.00–255.007907
HeifersMedium and Large 2331205.44/cwt200.00–215.006807
HeifersMedium and Large 1684201.89/cwt192.50–205.001,3814
HeifersMedium and Large 1730203.00/cwt203.00–203.001,4823
HeifersMedium and Large 1Value Added590222.00/cwt222.00–222.001,3107
HeifersMedium and Large 2368205.03/cwt200.00–210.007558
HeifersMedium and Large 2485208.98/cwt208.00–210.001,0144
HeifersMedium and Large 1613211.82/cwt210.00–214.001,29835
HeifersMedium and Large 1574217.51/cwt210.00–225.001,24916
HeifersMedium and Large 1525221.01/cwt215.00–228.001,16020
SteersMedium and Large 1638224.23/cwt222.00–237.001,43136
HeifersMedium and Large 1750192.00/cwt189.00–195.001,4402
HeifersMedium and Large 11,010149.00/cwt149.00–149.001,5051
HeifersMedium and Large 1471225.48/cwt220.00–230.001,06210
SteersMedium and Large 1Fancy400307.50/cwt307.50–307.501,2301
SteersMedium and Large 1Fancy473282.57/cwt280.00–285.001,3372
SteersMedium and Large 1376297.42/cwt275.00–312.501,1189
HeifersMedium and Large 1Replacement680221.00/cwt221.00–221.001,5031
HeifersMedium and Large 1Replacement640235.00/cwt235.00–235.001,5041
HeifersMedium and Large 1Replacement575235.00/cwt235.00–235.001,3511
SteersMedium and Large 1670227.11/cwt222.00–233.001,5226
SteersMedium and Large 2374230.36/cwt220.00–240.008628
SteersMedium and Large 2424226.20/cwt220.00–235.009597
SteersMedium and Large 1417270.53/cwt257.50–290.001,12821
SteersMedium and Large 1Fancy560265.00/cwt265.00–265.001,4841
SteersMedium and Large 1Fancy370327.00/cwt327.00–327.001,2101
SteersMedium and Large 1566239.06/cwt230.00–250.001,35317
SteersMedium and Large 1331286.41/cwt275.00–300.0094810
SteersMedium and Large 1Value Added635238.00/cwt238.00–238.001,5112
SteersMedium and Large 1523248.14/cwt231.00–262.501,29818
SteersMedium and Large 2475219.05/cwt215.00–222.001,0405
SteersMedium and Large 2326238.10/cwt230.00–245.007765
SteersMedium and Large 1Value Added410287.50/cwt287.50–287.501,1792
SteersMedium and Large 1711223.11/cwt217.00–227.001,5867
SteersMedium and Large 1767220.40/cwt212.00–226.001,6903
SteersMedium and Large 2515215.00/cwt215.00–215.001,1072
SteersMedium and Large 1813215.00/cwt215.00–215.001,7483
SteersMedium and Large 1469257.42/cwt225.00–275.001,20721
SteersMedium and Large 1Value Added495272.50/cwt272.50–272.501,3492
HeifersMedium and Large 1369242.56/cwt227.00–255.008956
BullsMedium and Large 1627208.68/cwt203.00–215.001,3085
HeifersMedium and Large 2595197.50/cwt197.50–197.501,1751
BullsMedium and Large 1571213.95/cwt203.00–219.001,2229
BullsMedium and Large 1531221.65/cwt216.00–230.001,17710
BullsMedium and Large 1469237.00/cwt225.00–242.001,11213

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.