Sale reports / Arkansas / Hope Livestock Auction Inc. / 2023-09-21

Hope Livestock Auction Inc.

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Hope, Arkansas · Thu, Sep 21
● Final67 lots reportedUSDA AMS · slug 2058
Feeder Cattle receipts
1,106 head
▲ 136 vs last sale 970▲ 1,106 vs year ago 0 · no sale a year ago
Slaughter Cattle receipts
305 head
▲ 128 vs last sale 177▲ 305 vs year ago 0 · no sale a year ago
Replacement Cattle receipts
150 head
▲ 140 vs last sale 10▲ 150 vs year ago 0 · no sale a year ago
View

Reporter comment USDA

As filed

Compared to last week: Feeder steers 4.00-10.00 higher. Feeder heifers under 400 lbs. 1.00-2.00 lower; over 400 lbs. steady to 6.00 higher. Slaughter cows 1.00-5.00 higher. Slaughter bulls steady. Quality was average to attractive. Buyers were active to aggressive. Most classes of cattle were higher. The majority of the offering was unweaned new crop calves. Had a strong market for replacement cattle.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $257.40/cwt on 181 head.
Average price
$257.40
181 head · 472 lb average
Value per head Derived
$1,216
Price × average weight ÷ 100
Grade differential Derived
$397
per head · Medium and Large 1 over Medium and Large 2
$37.79/cwt at this weight
vs the market
−7.70
vs AR average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1490264.711,298146
Medium and Large 2397226.9290135
One grade step is worth $37.79/cwt here — about $397 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 sale181 hd
257.40
—
AR average7 barns · 1,162 hd
265.10
−7.70
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—Low1,563103.511,61812
CowsBoner 80-85%High1,22297.081,18652
CowsLean 85-90%High95181.9877927

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 Cows3rd Stage (7-9 mo)Young (2-4 yrs)1,109$1,7098
Bred Cows2nd Stage (4-6 mo)Young (2-4 yrs)1,174$1,6738
Bred Cows3rd Stage (7-9 mo)Middle Aged (5-8 yrs)1,132$1,5127
Bred Cows2nd Stage (4-6 mo)Middle Aged (5-8 yrs)1,117$1,45013
Bred Cows3rd Stage (7-9 mo)Aged (>8 yrs)1,128$1,2494thin
Bred Cows2nd Stage (4-6 mo)Aged (>8 yrs)1,091$1,1288
BullsN/AYoung (2-4 yrs)1,600$2,9001thin
Cow-Calf PairsOpenYoung (2-4 yrs)1,220$1,88624
Cow-Calf PairsOpenMiddle Aged (5-8 yrs)1,275$1,8515
Cow-Calf PairsOpenAged (>8 yrs)1,366$1,4217

Every lot, as filed

67 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
CowsBoner 80-85%—1,279108.01/cwt107.00–110.001,3817
HeifersMedium and Large 1Value Added—580227.50/cwt227.50–227.501,3202
HeifersMedium and Large 1—330243.12/cwt230.00–250.0080214
HeifersMedium and Large 1—564220.91/cwt218.00–225.001,24613
Bulls——1,39691.17/cwt85.00–97.001,2734
Bred CowsMedium and Large 1-2—1,1741,672.52/head1,600.00–1,800.001,6738
Bred CowsMedium and Large 1-2—1,1091,709.39/head1,500.00–2,000.001,7098
Stock CowsMedium and Large 1-2—910100.00/cwt100.00–100.009103
Cow-Calf PairsMedium and Large 1-2—1,5251,500.00/head1,500.00–1,500.001,5002
Cow-Calf PairsMedium and Large 1-2—1,3031,389.79/head1,375.00–1,400.001,3905
Cow-Calf PairsMedium and Large 1-2—1,5482,603.23/head2,550.00–2,650.002,6033
Bred CowsMedium and Large 1-2—1,1171,449.66/head1,350.00–1,800.001,45013
Bred CowsMedium and Large 1-2—1,0911,128.01/head1,000.00–1,300.001,1288
Bred CowsMedium and Large 1-2—1,1281,248.78/head1,200.00–1,300.001,2494
Cow-Calf PairsMedium and Large 1-2—1,3182,230.68/head1,775.00–2,650.002,2318
Cow-Calf PairsMedium 1-2—1,1061,510.83/head1,450.00–1,575.001,51111
Bred CowsMedium and Large 1-2—1,1321,512.46/head1,350.00–1,650.001,5127
Cow-Calf PairsMedium and Large 1-2—1,2751,851.49/head1,600.00–2,150.001,8515
Cow-Calf PairsMedium and Large 1-2Thin Fleshed—9651,500.00/head1,500.00–1,500.001,5002
BullsMedium and Large 1-2—1,6002,900.00/head2,900.00–2,900.002,9001
HeifersMedium and Large 2—463205.07/cwt200.00–210.009496
HeifersMedium and Large 1—760203.00/cwt203.00–203.001,5432
HeifersMedium and Large 2—522201.60/cwt195.00–205.001,0529
HeifersMedium and Large 1—367240.81/cwt228.00–262.5088417
SteersMedium and Large 1—790214.00/cwt214.00–214.001,6911
HeifersMedium and Large 1—659211.24/cwt207.00–217.001,3924
HeifersMedium and Large 2—417200.00/cwt200.00–200.0083411
HeifersMedium and Large 1—713190.19/cwt182.50–200.001,3563
HeifersMedium and Large 2—319214.09/cwt210.00–218.006837
HeifersMedium and Large 1Replacement—540261.00/cwt261.00–261.001,4091
SteersMedium and Large 1—585238.15/cwt230.00–257.501,39310
HeifersMedium and Large 2—369209.54/cwt200.00–217.0077312
HeifersMedium and Large 1—469225.78/cwt220.00–230.001,0599
HeifersMedium and Large 1—532222.81/cwt217.50–225.001,18513
HeifersMedium and Large 1—621215.28/cwt200.00–219.001,33711
SteersMedium and Large 1—627234.02/cwt227.00–246.001,46719
SteersMedium and Large 1—421282.34/cwt258.00–300.001,18923
SteersMedium and Large 1Fancy—430312.53/cwt310.00–315.001,3442
SteersMedium and Large 1Fancy—467297.50/cwt290.00–310.001,3893
HeifersMedium and Large 1—421230.30/cwt225.00–245.0097011
HeifersMedium and Large 1Replacement—550246.25/cwt245.00–250.001,3544
SteersMedium and Large 2—367230.08/cwt225.00–235.0084413
SteersMedium and Large 1—865200.00/cwt200.00–200.001,7301
SteersMedium and Large 2—321234.98/cwt230.00–240.007548
SteersMedium and Large 2—481220.17/cwt220.00–221.001,0596
SteersMedium and Large 1—518257.77/cwt237.50–277.001,33518
SteersMedium and Large 1—333290.39/cwt270.00–310.0096716
SteersMedium and Large 1—678232.25/cwt230.00–235.001,5754
SteersMedium and Large 1—376285.11/cwt260.00–312.501,07223
SteersMedium and Large 1—721228.48/cwt225.00–232.501,6475
SteersMedium and Large 2—525220.00/cwt220.00–220.001,1553
SteersMedium and Large 1—477266.75/cwt255.00–287.501,27214
SteersMedium and Large 2—420218.05/cwt210.00–220.009165
SteersMedium and Large 1Value Added—540262.50/cwt262.50–262.501,4182
SteersMedium and Large 1Value Added—571243.96/cwt240.00–250.001,3935
BullsMedium and Large 1—558222.79/cwt220.00–226.001,2435
BullsMedium and Large 1—740204.97/cwt200.00–210.001,5172
BullsMedium and Large 1—470237.31/cwt225.00–242.001,11518
BullsMedium and Large 1—529229.58/cwt225.00–236.001,2147
BullsMedium and Large 1—635200.00/cwt200.00–200.001,2702
BullsMedium and Large 1—673207.49/cwt205.00–210.001,3962
Bulls——1,646109.68/cwt105.00–115.001,8058
CowsBoner 80-85%—1,25199.09/cwt93.00–105.001,24035
CowsLean 85-90%—1,06690.49/cwt90.00–92.009654
CowsBoner 80-85%—1,07882.41/cwt80.00–88.0088810
CowsLean 85-90%—80868.90/cwt65.00–72.005577
CowsLean 85-90%—98485.57/cwt80.00–89.0084216

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.