Sale reports / Arkansas / Hope Livestock Auction Inc. / 2023-10-26

Hope Livestock Auction Inc.

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Hope, Arkansas · Thu, Oct 26
● Final59 lots reportedUSDA AMS · slug 2058
Feeder Cattle receipts
857 head
▼ 227 vs last sale 1,084▲ 57 vs year ago 800 · +7.1%
Slaughter Cattle receipts
162 head
▼ 173 vs last sale 335▼ 49 vs year ago 211 · −23.2%
Replacement Cattle receipts
10 head
▼ 140 vs last sale 150▼ 25 vs year ago 35 · −71.4%
View

Reporter comment USDA

As filed

Compared to last week: Feeder steers 3.00-10.00 instances 15.00 lower. Feeder heifers under 400 lbs. 2.00-10.00 higher; over 400 lbs. 7.00-15.00 instances 20.00 lower. Slaughter cows were uneven with boner cows being steady and lean cows being 3.00-5.00 lower. Slaughter bulls steady. Quality was average. Market was softer on most classes of cattle. 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

Heifers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb heifers averaged $203.09/cwt on 149 head.
Average price
$203.09
149 head · 472 lb average
Value per head Derived
$959
Price × average weight ÷ 100
Grade differential Derived
$237
per head · Medium and Large 1 over Medium and Large 2
$31.11/cwt at this weight
vs the market
+0.45
vs AR average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1484210.601,019113
Medium and Large 2436179.4978236
One grade step is worth $31.11/cwt here — about $237 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 sale149 hd
203.09
—
AR average8 barns · 1,502 hd
202.64
+0.45
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—Low1,48099.691,4757thin
CowsBoner 80-85%High1,17886.941,02441
CowsLean 85-90%High92964.8760320

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
Cow-Calf PairsOpenMiddle Aged (5-8 yrs)1,408$1,5382thin

Every lot, as filed

59 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%—1,29797.47/cwt95.00–102.001,2649
CowsLean 85-90%—98580.46/cwt80.00–81.007932
CowsBoner 80-85%—1,18688.84/cwt83.00–94.001,05422
CowsBoner 80-85%—1,05473.30/cwt68.00–79.0077310
Bulls——1,32291.01/cwt90.00–92.001,2033
Bulls——1,598106.20/cwt102.00–110.001,6974
Bred CowsMedium and Large 1-2—1,320100.00/cwt100.00–100.001,3201
Cow-Calf PairsMedium and Large 1-2—1,5851,600.00/head1,600.00–1,600.001,6001
Cow-Calf PairsMedium and Large 1-2—1,2301,475.00/head1,475.00–1,475.001,4751
HeifersMedium and Large 2—476176.99/cwt170.00–182.0084212
HeifersMedium and Large 1—720189.00/cwt189.00–189.001,3612
BullsMedium and Large 1—467209.41/cwt200.00–220.0097810
HeifersMedium and Large 1Fleshy—467187.39/cwt185.00–189.008755
HeifersMedium and Large 1Fancy—330254.00/cwt254.00–254.008381
HeifersMedium and Large 1Fancy—357242.45/cwt240.00–247.508663
HeifersMedium and Large 1—424212.38/cwt205.00–228.0090012
HeifersMedium and Large 1—324234.75/cwt230.00–244.007619
HeifersMedium and Large 1—674195.79/cwt193.00–198.001,3205
HeifersMedium and Large 1—576200.28/cwt192.00–206.001,1548
HeifersMedium and Large 2—528168.01/cwt160.00–175.008875
HeifersMedium and Large 2—415179.56/cwt175.00–185.0074510
HeifersMedium and Large 1Value Added—340231.00/cwt231.00–231.007853
HeifersMedium and Large 1Value Added—520210.00/cwt210.00–210.001,0922
HeifersMedium and Large 1Replacement—515256.00/cwt256.00–256.001,3181
HeifersMedium and Large 2—320189.38/cwt180.00–200.006064
HeifersMedium and Large 1—521204.37/cwt195.00–209.001,06515
HeifersMedium and Large 1—477207.35/cwt200.00–224.0098916
SteersMedium and Large 2—328223.17/cwt220.00–230.007326
SteersMedium and Large 1—480240.02/cwt237.50–241.001,1529
SteersMedium and Large 1Fancy—405281.00/cwt281.00–281.001,1381
HeifersMedium and Large 2—381188.94/cwt185.00–195.007205
HeifersMedium and Large 1—371224.28/cwt210.00–235.0083213
HeifersMedium and Large 1Value Added—350234.00/cwt234.00–234.008192
SteersMedium and Large 1—422250.19/cwt238.00–267.001,05612
SteersMedium and Large 1—668215.27/cwt210.00–226.001,4386
SteersMedium and Large 1—378266.82/cwt255.00–278.001,00916
HeifersMedium and Large 1—623195.21/cwt185.00–200.001,21616
SteersMedium and Large 1—574231.11/cwt224.00–235.001,32713
SteersMedium and Large 2—517206.04/cwt200.00–210.001,0656
SteersMedium and Large 1Value Added—465254.00/cwt254.00–254.001,1812
SteersMedium and Large 1Value Added—610230.00/cwt230.00–230.001,4032
SteersMedium and Large 1Value Added—420261.00/cwt261.00–261.001,0962
SteersMedium and Large 1Fancy—353301.67/cwt292.50–310.001,0653
SteersMedium and Large 1—314265.51/cwt250.00–285.0083414
SteersMedium and Large 1—711208.77/cwt205.00–210.001,4844
SteersMedium and Large 2—372221.65/cwt215.00–227.008255
SteersMedium and Large 1Value Added—578238.98/cwt238.00–240.001,3814
SteersMedium and Large 1Value Added—535238.38/cwt232.00–245.001,2756
SteersMedium and Large 2—423219.06/cwt212.00–225.009278
SteersMedium and Large 1—618223.53/cwt215.00–232.001,3812
SteersMedium and Large 1—518230.60/cwt225.00–242.501,19516
BullsMedium and Large 1—574195.41/cwt185.00–200.001,12210
BullsMedium and Large 1—865169.00/cwt169.00–169.001,4621
BullsMedium and Large 1—620193.77/cwt185.00–201.001,2018
BullsMedium and Large 1—670185.00/cwt185.00–185.001,2402
BullsMedium and Large 1—526204.30/cwt200.00–215.001,0758
BullsMedium and Large 1—770170.00/cwt170.00–170.001,3091
CowsLean 85-90%—98870.81/cwt65.00–75.0070011
CowsLean 85-90%—82151.08/cwt45.00–55.004197

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.