Sale reports / Arkansas / Hope Livestock Auction Inc. / 2023-10-05

Hope Livestock Auction Inc.

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Hope, Arkansas · Thu, Oct 5
● Final40 lots reportedUSDA AMS · slug 2058
Feeder Cattle receipts
509 head
360 vs last sale 869 263 vs year ago 772 · 34.1%
Slaughter Cattle receipts
100 head
111 vs last sale 211 169 vs year ago 269 · 62.8%
Replacement Cattle receipts
10 head
15 vs last sale 25 35 vs year ago 45 · 77.8%
View

Reporter comment USDA

As filed

Compared to last week: Feeder steers 5.00-15.00 instances 20.00 lower. Feeder heifers 10.00-15.00 instances 20.00 lower. Slaughter cows 2.00-5.00 higher. Slaughter bulls 2.00-3.00 higher. Quality was average to plain. Buyers were more reluctant on buying this week. All classes of calves were considerably cheaper this week. Slaughter cattle gained ground after a cheaper market last week. Sold 2 loads on video this week to view information click this link (https://www.ams.usda.gov/mnreports/ams_3628.pdf).

Weight class

Heifers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb heifers averaged $199.32/cwt on 93 head.
Average price
$199.32
93 head · 479 lb average
Value per head Derived
$955
Price × average weight ÷ 100
Grade differential Derived
$239
per head · Medium and Large 1 over Medium and Large 2
$18.60/cwt at this weight
vs the market
16.49
vs AR average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1492202.3299678
Medium and Large 2412183.7275715thin
One grade step is worth $18.60/cwt here — about $239 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 sale93 hd
199.32
AR average8 barns · 1,290 hd
215.80
−16.49
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
BullsAverage1,568103.671,6265thin
CowsBreaker 75-80%Low1,52292.191,4035thin
CowsBoner 80-85%Low1,20689.831,08320
CowsLean 85-90%Average98073.3671913

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)Young (2-4 yrs)1,105$1,4583thin
Bred Cows2nd Stage (4-6 mo)Middle Aged (5-8 yrs)1,128$1,2742thin

Every lot, as filed

40 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 1465222.55/cwt220.00–225.001,0354
BullsMedium and Large 1528212.14/cwt195.00–220.001,1206
BullsMedium and Large 1572182.20/cwt170.00–193.001,0427
BullsMedium and Large 1622183.56/cwt178.00–190.001,1426
HeifersMedium and Large 1517199.98/cwt190.00–221.001,03422
HeifersMedium and Large 1571201.09/cwt190.00–210.001,14812
SteersMedium and Large 2381216.44/cwt210.00–220.008257
SteersMedium and Large 2430207.59/cwt200.00–215.008934
SteersMedium and Large 2329219.37/cwt215.00–225.007229
SteersMedium and Large 1569237.78/cwt228.00–247.501,3536
SteersMedium and Large 2477203.32/cwt200.00–205.009703
SteersMedium and Large 1423257.20/cwt243.00–277.001,08815
SteersMedium and Large 1471250.25/cwt241.00–265.001,17915
SteersMedium and Large 1523239.05/cwt233.00–251.001,2507
HeifersMedium and Large 1430207.21/cwt200.00–217.008916
HeifersMedium and Large 1332207.80/cwt205.00–210.006907
SteersMedium and Large 1670209.01/cwt207.00–210.001,4003
SteersMedium and Large 1725207.00/cwt207.00–207.001,5012
SteersMedium and Large 1628220.46/cwt210.00–230.001,3847
SteersMedium and Large 1383269.63/cwt250.00–287.501,03313
HeifersMedium and Large 2485175.00/cwt175.00–175.008492
HeifersMedium and Large 1470207.66/cwt195.00–219.0097615
HeifersMedium and Large 1382207.07/cwt205.00–210.007917
HeifersMedium and Large 1614189.55/cwt180.00–205.001,1649
HeifersMedium and Large 2310180.00/cwt180.00–180.005582
HeifersMedium and Large 2545175.00/cwt175.00–175.009542
HeifersMedium and Large 2418186.73/cwt185.00–190.007813
HeifersMedium and Large 2374189.27/cwt185.00–200.007086
Bred CowsMedium and Large 1-21,1281,274.39/head1,250.00–1,300.001,2742
Bred CowsMedium and Large 1-21,1051,457.96/head1,425.00–1,500.001,4583
Bulls1,598107.59/cwt104.00–110.001,7194
Bulls1,45088.00/cwt88.00–88.001,2761
CowsBoner 80-85%1,11783.16/cwt80.00–85.009295
CowsBreaker 75-80%1,51585.00/cwt85.00–85.001,2881
CowsBreaker 75-80%1,52493.99/cwt92.00–97.001,4324
CowsLean 85-90%1,02279.27/cwt75.00–85.008108
CowsBoner 80-85%1,24190.01/cwt87.00–96.001,11712
CowsBoner 80-85%1,215100.24/cwt99.00–102.001,2183
CowsLean 85-90%96869.13/cwt62.00–72.006693
CowsLean 85-90%83356.04/cwt52.00–60.004672

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.