Sale reports / Arkansas / Hope Livestock Auction Inc. / 2023-09-28

Hope Livestock Auction Inc.

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Hope, Arkansas · Thu, Sep 28
● Final61 lots reportedUSDA AMS · slug 2058
Feeder Cattle receipts
869 head
237 vs last sale 1,106 174 vs year ago 695 · +25.0%
Slaughter Cattle receipts
211 head
94 vs last sale 305 65 vs year ago 146 · +44.5%
Replacement Cattle receipts
25 head
125 vs last sale 150 5 vs year ago 20 · +25.0%
View

Reporter comment USDA

As filed

Feeder steers 5.00-10.00 instances 15.00 lower. Feeder heifers 2.00-10.00 lower. Slaughter cows 10.00-12.00 lower. Slaughter bulls 5.00 lower. Quality was average. The CME futures traded cheaper this week coupled with new crop calves and the dreaded month of October on us, caused all classes to be lower this week. Sold 3 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 $247.02/cwt on 137 head.
Average price
$247.02
137 head · 483 lb average
Value per head Derived
$1,194
Price × average weight ÷ 100
Grade differential Derived
$342
per head · Medium and Large 1 over Medium and Large 2
$32.63/cwt at this weight
vs the market
6.38
vs AR average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1503255.121,284103
Medium and Large 2423222.4994234
One grade step is worth $32.63/cwt here — about $342 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 sale137 hd
247.02
AR average9 barns · 1,512 hd
253.40
−6.38
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
BullsAverage1,722101.801,7536thin
CowsBoner 80-85%Low1,20686.431,04258
CowsBreaker 75-80%Average1,47884.001,2423thin
CowsLean 85-90%Average93168.3663718

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)1,235$1,6001thin
Bred Cows2nd Stage (4-6 mo)Young (2-4 yrs)1,200$1,4482thin
Bred Cows3rd Stage (7-9 mo)Middle Aged (5-8 yrs)1,215$1,4001thin
Bred Cows2nd Stage (4-6 mo)Middle Aged (5-8 yrs)1,054$1,3815
Bred Cows1st Stage (1-3 mo)Middle Aged (5-8 yrs)1,020$1,2251thin
Bred Cows2nd Stage (4-6 mo)Aged (>8 yrs)985$9501thin
Cow-Calf PairsOpenMiddle Aged (5-8 yrs)1,302$1,5703thin
Cow-Calf PairsOpenAged (>8 yrs)1,165$1,3001thin

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
CowsBoner 80-85%1,04072.02/cwt70.00–74.007492
CowsBoner 80-85%1,17597.02/cwt95.00–99.001,1403
CowsBoner 80-85%1,21486.37/cwt83.00–93.001,04953
BullsMedium and Large 1675186.28/cwt175.00–200.001,2575
BullsMedium and Large 1525218.83/cwt207.00–225.001,1493
BullsMedium and Large 1578212.50/cwt200.00–220.001,2285
BullsMedium and Large 1750174.00/cwt174.00–174.001,3051
HeifersMedium and Large 1474220.00/cwt220.00–220.001,0438
BullsMedium and Large 1710195.00/cwt195.00–195.001,3851
SteersMedium and Large 1723221.71/cwt218.00–231.001,6034
SteersMedium and Large 1Value Added725237.00/cwt237.00–237.001,7182
SteersMedium and Large 2457216.46/cwt212.00–225.009893
SteersMedium and Large 1385294.48/cwt285.00–300.001,13410
SteersMedium and Large 2429223.83/cwt220.00–225.009604
SteersMedium and Large 2368232.51/cwt230.00–235.008566
SteersMedium and Large 1818209.03/cwt200.00–218.001,7102
SteersMedium and Large 1327282.41/cwt275.00–295.009239
SteersMedium and Large 1Value Added665240.00/cwt240.00–240.001,5963
SteersMedium and Large 1667219.00/cwt218.00–220.001,4616
SteersMedium and Large 2328235.66/cwt230.00–240.007739
SteersMedium and Large 2512208.65/cwt200.00–219.001,06812
SteersMedium and Large 1566233.71/cwt230.00–235.001,3234
SteersMedium and Large 1621227.23/cwt220.00–237.001,4116
SteersMedium and Large 1513240.21/cwt235.00–250.001,23222
HeifersMedium and Large 1418225.26/cwt220.00–235.009428
HeifersMedium and Large 1617214.98/cwt211.00–217.001,3267
SteersMedium and Large 1Fancy465286.26/cwt285.00–287.501,3312
SteersMedium and Large 1Fancy388312.48/cwt310.00–315.001,2122
SteersMedium and Large 1Fancy405305.00/cwt305.00–305.001,2351
SteersMedium and Large 1475257.87/cwt241.00–270.001,22517
HeifersMedium and Large 1377230.00/cwt225.00–240.0086712
HeifersMedium and Large 1569217.08/cwt215.00–219.001,23513
HeifersMedium and Large 1520217.26/cwt215.00–223.001,13016
HeifersMedium and Large 1665209.71/cwt200.00–219.001,3952
HeifersMedium and Large 1715193.78/cwt192.50–195.001,3862
SteersMedium and Large 1423273.63/cwt260.00–295.001,15712
HeifersMedium and Large 2325210.00/cwt210.00–210.006833
HeifersMedium and Large 2415200.43/cwt195.00–207.0083216
HeifersMedium and Large 2375205.30/cwt204.00–207.007706
HeifersMedium and Large 2460196.94/cwt190.00–203.009068
HeifersMedium and Large 2560185.00/cwt185.00–185.001,0361
SteersMedium and Large 1Fleshy535225.00/cwt225.00–225.001,2041
BullsMedium and Large 1621191.98/cwt185.00–205.001,1927
BullsMedium and Large 1469235.71/cwt227.00–245.001,10514
HeifersMedium and Large 2516189.97/cwt180.00–200.009809
HeifersMedium and Large 1Fleshy470210.00/cwt210.00–210.009872
HeifersMedium and Large 1Fleshy511203.80/cwt200.00–207.001,0415
HeifersMedium and Large 1319232.15/cwt229.00–234.007417
Cow-Calf PairsMedium and Large 1-21,3021,570.23/head1,450.00–1,650.001,5703
Bred CowsMedium and Large 1-21,2001,448.13/head1,400.00–1,500.001,4482
Bred CowsMedium and Large 1-21,0201,225.00/head1,225.00–1,225.001,2251
Cow-Calf PairsMedium and Large 1-21,1651,300.00/head1,300.00–1,300.001,3001
Bred CowsMedium and Large 1-2985950.00/head950.00–950.009501
Bred CowsMedium and Large 1-21,2151,400.00/head1,400.00–1,400.001,4001
Bred CowsMedium and Large 1-21,2351,600.00/head1,600.00–1,600.001,6001
Bred CowsMedium and Large 1-21,0541,381.21/head1,250.00–1,500.001,3815
Bulls1,763104.16/cwt100.00–107.001,8365
Bulls1,51590.00/cwt90.00–90.001,3641
CowsBreaker 75-80%1,47884.00/cwt84.00–84.001,2423
CowsLean 85-90%96574.80/cwt70.00–79.0072213
CowsLean 85-90%84451.61/cwt45.00–55.004365

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.