Name: Hope Livestock Auction Inc. livestock auction prices — 2023-10-12
Creator: RaisedBeef
Published: 2023-10-12

Reporter comment USDA

As filed

Compared to last week: Feeder steers 2.00-12.00 instances 15.00-18.00 higher. Feeder heifers 3.00-10.00 instances 15.00-20.00 higher. Slaughter cows steady to 2.00 higher. Slaughter bulls steady. Most classes of cattle were higher. Market had a much better tone over last week. Quality was from attractive to plain. Better quality cattle were in high demand with the plainer cattle having limited interest. Next Thursday will be the stock cow special with over 300 stock cows coming. Sold a load of preconditioned steers on video; to view results 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 $243.85/cwt on 178 head.

Average price

$243.85

178 head · 505 lb average

Value per head Derived

$1,232

Price × average weight ÷ 100

Grade differential Derived

$362

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

$24.30/cwt at this weight

vs the market

−6.25

vs AR average

What quality paid 0–100 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1	527	249.04	1,313	140
Medium and Large 2	423	224.74	951	38

One grade step is worth $24.30/cwt here — about $362 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 sale178 hd

243.85

—

AR average10 barns · 1,925 hd

250.10

−6.25

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	1,563	101.93	1,594	11
Cows	Breaker 75-80%	Average	1,498	97.00	1,453	2thin
Cows	Boner 80-85%	Low	1,142	90.38	1,032	54
Cows	Lean 85-90%	Average	943	72.27	681	16

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.

Class	Stage	Age	Avg wt	$/head	Head
Cow-Calf Pairs	Open	Middle Aged (5-8 yrs)	1,260	$1,500	1thin
Cow-Calf Pairs	Open	Aged (>8 yrs)	1,340	$1,342	3thin

Every lot, as filed

57 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
Steers	Medium and Large 2	—	470	222.05/cwt	220.00–225.00	1,044	7
Steers	Medium and Large 1	—	420	257.86/cwt	250.00–270.00	1,083	12
Steers	Medium and Large 1Value Added	—	775	235.33/cwt	232.00–237.00	1,824	3
Steers	Medium and Large 1	—	625	228.05/cwt	220.00–237.00	1,425	14
Steers	Medium and Large 1	—	574	239.54/cwt	230.00–255.00	1,375	23
Heifers	Medium and Large 1Value Added	—	565	221.00/cwt	221.00–221.00	1,249	2
Steers	Medium and Large 1	—	750	221.00/cwt	221.00–221.00	1,658	1
Steers	Medium and Large 2	—	421	226.01/cwt	222.00–229.00	952	9
Steers	Medium and Large 2	—	525	214.23/cwt	210.00–220.00	1,125	7
Steers	Medium and Large 1Fancy	—	360	307.00/cwt	307.00–307.00	1,105	1
Steers	Medium and Large 1Fancy	—	400	305.00/cwt	305.00–305.00	1,220	1
Heifers	Medium and Large 2	—	319	196.73/cwt	190.00–205.00	628	14
Steers	Medium and Large 1	—	723	226.77/cwt	220.00–230.00	1,640	3
Steers	Medium and Large 1	—	668	227.64/cwt	220.00–237.00	1,521	8
Steers	Medium and Large 1	—	512	251.43/cwt	235.00–267.00	1,287	30
Heifers	Medium and Large 1	—	479	217.43/cwt	215.00–224.00	1,041	7
Heifers	Medium and Large 1Value Added	—	527	232.67/cwt	232.00–234.00	1,226	3
Heifers	Medium and Large 1	—	712	197.13/cwt	180.00–215.00	1,404	3
Heifers	Medium and Large 1	—	608	214.24/cwt	212.00–223.00	1,303	9
Heifers	Medium and Large 1	—	377	228.08/cwt	220.00–241.00	860	11
Heifers	Medium and Large 1Replacement	—	760	224.00/cwt	224.00–224.00	1,702	1
Heifers	Medium and Large 2	—	374	188.63/cwt	185.00–195.00	705	10
Heifers	Medium and Large 1	—	514	220.33/cwt	215.00–222.00	1,132	14
Heifers	Medium and Large 2	—	417	190.49/cwt	185.00–200.00	794	11
Heifers	Medium and Large 2	—	467	186.76/cwt	185.00–190.00	872	9
Bulls	Medium and Large 1	—	477	235.42/cwt	227.00–245.00	1,123	15
Heifers	Medium and Large 1	—	423	222.63/cwt	220.00–225.00	942	8
Heifers	Medium and Large 1	—	760	181.00/cwt	181.00–181.00	1,376	1
Heifers	Medium and Large 1	—	330	227.30/cwt	220.00–240.00	750	11
Cow-Calf Pairs	Medium and Large 1-2	—	1,260	1,500.00/head	1,500.00–1,500.00	1,500	1
Cow-Calf Pairs	Medium and Large 1-2	—	1,215	1,225.00/head	1,225.00–1,225.00	1,225	1
Cow-Calf Pairs	Medium and Large 1-2	—	1,403	1,400.00/head	1,400.00–1,400.00	1,400	2
Bred Cows	Medium and Large 1-2	—	1,165	112.00/cwt	112.00–112.00	1,305	1
Bred Cows	Medium and Large 1-2	—	1,155	96.00/cwt	96.00–96.00	1,109	1
Bulls	—	—	1,396	93.41/cwt	85.00–100.00	1,304	4
Cows	Breaker 75-80%	—	1,498	97.00/cwt	97.00–97.00	1,453	2
Cows	Lean 85-90%	—	988	77.84/cwt	72.00–82.00	769	11
Cows	Lean 85-90%	—	843	60.03/cwt	58.00–65.00	506	5
Bulls	—	—	1,659	106.80/cwt	104.00–110.00	1,772	7
Cows	Boner 80-85%	—	1,036	75.09/cwt	72.00–80.00	778	10
Cows	Boner 80-85%	—	1,163	93.21/cwt	88.00–100.00	1,084	41
Cows	Boner 80-85%	—	1,205	102.66/cwt	102.00–104.00	1,237	3
Steers	Medium and Large 1	—	810	215.50/cwt	215.00–216.00	1,746	2
Steers	Medium and Large 1Value Added	—	545	265.00/cwt	265.00–265.00	1,444	2
Steers	Medium and Large 1	—	370	277.19/cwt	260.00–293.00	1,026	10
Steers	Medium and Large 1	—	330	271.87/cwt	265.00–280.00	897	10
Steers	Medium and Large 2	—	320	230.07/cwt	225.00–235.00	736	7
Steers	Medium and Large 1Value Added	—	725	233.00/cwt	233.00–233.00	1,689	2
Steers	Medium and Large 2	—	386	230.19/cwt	225.00–236.00	889	8
Steers	Medium and Large 1	—	473	256.30/cwt	245.00–273.00	1,212	17
Steers	Medium and Large 1	—	925	211.00/cwt	211.00–211.00	1,952	1
Heifers	Medium and Large 1	—	561	216.80/cwt	215.00–220.00	1,216	5
Bulls	Medium and Large 1	—	643	199.48/cwt	194.00–205.00	1,283	2
Bulls	Medium and Large 1	—	655	203.33/cwt	195.00–208.00	1,332	3
Bulls	Medium and Large 1	—	745	187.00/cwt	187.00–187.00	1,393	1
Bulls	Medium and Large 1	—	529	230.10/cwt	226.00–235.00	1,217	8
Bulls	Medium and Large 1	—	575	219.59/cwt	215.00–223.00	1,263	6

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 Oct 12, 2023

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

Feeder CattleReceipts 933Last week 509Year ago 1,078

Slaughter CattleReceipts 222Last week 100Year ago 238

Replacement CattleReceipts 15Last week 10Year ago 10

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 2$ per cwt · actual wt
7	—	470	220.00–225.00	222.05
9	—	421	222.00–229.00	226.01
7	—	525	210.00–220.00	214.23
7	—	320	225.00–235.00	230.07
8	—	386	225.00–236.00	230.19
Steers — Medium and Large 1$ per cwt · actual wt
12	—	420	250.00–270.00	257.86
14	—	625	220.00–237.00	228.05
23	—	574	230.00–255.00	239.54
1	—	750	221.00	221.00
3	—	723	220.00–230.00	226.77
8	—	668	220.00–237.00	227.64
30	—	512	235.00–267.00	251.43
2	—	810	215.00–216.00	215.50
10	—	370	260.00–293.00	277.19
10	—	330	265.00–280.00	271.87
17	—	473	245.00–273.00	256.30
1	—	925	211.00	211.00
Steers — Medium and Large 1 · Value Added$ per cwt · actual wt
3	—	775	232.00–237.00	235.33
2	—	545	265.00	265.00
2	—	725	233.00	233.00
Steers — Medium and Large 1 · Fancy$ per cwt · actual wt
1	—	360	307.00	307.00
1	—	400	305.00	305.00
Heifers — Medium and Large 1 · Value Added$ per cwt · actual wt
2	—	565	221.00	221.00
3	—	527	232.00–234.00	232.67
Heifers — Medium and Large 2$ per cwt · actual wt
14	—	319	190.00–205.00	196.73
10	—	374	185.00–195.00	188.63
11	—	417	185.00–200.00	190.49
9	—	467	185.00–190.00	186.76
Heifers — Medium and Large 1$ per cwt · actual wt
7	—	479	215.00–224.00	217.43
3	—	712	180.00–215.00	197.13
9	—	608	212.00–223.00	214.24
11	—	377	220.00–241.00	228.08
14	—	514	215.00–222.00	220.33
8	—	423	220.00–225.00	222.63
1	—	760	181.00	181.00
11	—	330	220.00–240.00	227.30
5	—	561	215.00–220.00	216.80
Heifers — Medium and Large 1 · Replacement$ per cwt · actual wt
1	—	760	224.00	224.00
Bulls — Medium and Large 1$ per cwt · actual wt
15	—	477	227.00–245.00	235.42
2	—	643	194.00–205.00	199.48
3	—	655	195.00–208.00	203.33
1	—	745	187.00	187.00
8	—	529	226.00–235.00	230.10
6	—	575	215.00–223.00	219.59

Replacement Cattle

As reported

Age	Stage	Head	Wt range	Avg wt	Price range	Avg price
Cow-Calf Pairs — Medium and Large 1-2$ per head · actual wt
Middle Aged (5-8 yrs)	Open	1	—	1,260	1,500.00	1,500.00
Aged (>8 yrs)	Open	1	—	1,215	1,225.00	1,225.00
Aged (>8 yrs)	Open	2	—	1,403	1,400.00	1,400.00
Bred Cows — Medium and Large 1-2$ per cwt · actual wt
Young (2-4 yrs)	2nd Stage (4-6 mo)	1	—	1,165	112.00	112.00
Middle Aged (5-8 yrs)	2nd Stage (4-6 mo)	1	—	1,155	96.00	96.00

Slaughter Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Bulls$ per cwt · actual wt
4	—	1,396	85.00–100.00	93.41
7	—	1,659	104.00–110.00	106.80
Cows — Breaker 75-80%$ per cwt · actual wt
2	—	1,498	97.00	97.00
Cows — Lean 85-90%$ per cwt · actual wt
11	—	988	72.00–82.00	77.84
5	—	843	58.00–65.00	60.03
Cows — Boner 80-85%$ per cwt · actual wt
10	—	1,036	72.00–80.00	75.09
41	—	1,163	88.00–100.00	93.21
3	—	1,205	102.00–104.00	102.66

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

More

Hope Livestock Auction Inc.

Reporter comment USDA

Steers · summary 0–100 lb

What quality paid 0–100 lb

How it compared 0–100 lb

Slaughter cattle

Replacement cattle Per head

Every lot, as filed

How this sale compares

Hope Livestock Auction - Hope, AR

Feeder Cattle

Replacement Cattle

Slaughter Cattle