Name: Hope Livestock Auction Inc. livestock auction prices — 2023-11-09
Creator: RaisedBeef
Published: 2023-11-09

Reporter comment USDA

As filed

Compared to two weeks ago: Feeder steers under 500 lbs. 10.00-14.00 higher; over 500 lbs. 3.00-8.00 lower. Feeder heifers 5.00-10.00 instances 15.00 higher. Slaughter cows 1.00-3.00 higher. Slaughter bulls 2.00 lower. Quality was average. Attractive light weight calves were in high demand. Recent drops in the cattle futures has put a damper on the heavier weight cattle. Next Thursday will be the stock cow special with around 200 replacement cows consigned.

Weight class

Heifers · summary 0–100 lb

Weighted average of every reported lot

0–100 lb heifers averaged $218.22/cwt on 186 head.

Average price

$218.22

186 head · 461 lb average

Value per head Derived

$1,006

Price × average weight ÷ 100

Grade differential Derived

$249

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

$23.97/cwt at this weight

vs the market

−1.44

vs AR average

What quality paid 0–100 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1	480	225.05	1,080	133
Medium and Large 2	413	201.08	831	53

One grade step is worth $23.97/cwt here — about $249 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 sale186 hd

218.22

—

AR average10 barns · 2,515 hd

219.66

−1.44

A barn can sit above the state average at one weight and below it at another — check the class you actually sell.

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
Bred Cows	2nd Stage (4-6 mo)	Middle Aged (5-8 yrs)	1,196	$1,568	4thin

Every lot, as filed

48 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
Bulls	Medium and Large 1	—	690	189.00/cwt	189.00–189.00	1,304	1
Bulls	Medium and Large 1	—	765	180.00/cwt	180.00–180.00	1,377	1
Bulls	Medium and Large 1	—	825	175.00/cwt	175.00–175.00	1,444	1
Bulls	Medium and Large 1	—	480	213.62/cwt	200.00–220.00	1,025	8
Bulls	Medium and Large 1	—	615	187.80/cwt	175.00–200.00	1,155	7
Bulls	Medium and Large 1	—	730	183.51/cwt	182.00–185.00	1,340	2
Steers	Medium and Large 1	—	895	195.00/cwt	195.00–195.00	1,745	1
Steers	Medium and Large 2	—	376	229.46/cwt	225.00–235.00	863	9
Steers	Medium and Large 2	—	427	222.18/cwt	215.00–230.00	949	14
Steers	Medium and Large 1	—	731	205.00/cwt	205.00–205.00	1,499	4
Steers	Medium and Large 1	—	422	265.06/cwt	250.00–282.50	1,119	15
Steers	Medium and Large 1	—	374	276.98/cwt	260.00–297.50	1,036	14
Steers	Medium and Large 2	—	525	205.45/cwt	200.00–210.00	1,079	6
Steers	Medium and Large 2	—	322	239.12/cwt	232.00–245.00	770	8
Steers	Medium and Large 1Value Added	—	535	240.00/cwt	240.00–240.00	1,284	2
Steers	Medium and Large 1	—	678	211.36/cwt	207.50–216.00	1,433	5
Steers	Medium and Large 1	—	574	221.75/cwt	220.00–225.00	1,273	9
Steers	Medium and Large 1	—	469	254.79/cwt	230.00–275.00	1,195	17
Steers	Medium and Large 1	—	317	279.09/cwt	270.00–295.00	885	18
Steers	Medium and Large 1	—	614	215.35/cwt	209.00–218.00	1,322	9
Steers	Medium and Large 1	—	527	233.28/cwt	225.00–250.00	1,229	13
Heifers	Medium and Large 1	—	328	250.34/cwt	235.00–267.50	821	6
Heifers	Medium and Large 1Value Added	—	425	240.00/cwt	240.00–240.00	1,020	5
Heifers	Medium and Large 1Value Added	—	600	212.50/cwt	212.50–212.50	1,275	2
Steers	Medium and Large 1Fancy	—	400	310.00/cwt	310.00–310.00	1,240	1
Steers	Medium and Large 1Fancy	—	450	292.50/cwt	292.50–292.50	1,316	1
Steers	Medium and Large 2	—	474	213.42/cwt	210.00–215.00	1,012	6
Heifers	Medium and Large 2	—	331	208.61/cwt	205.00–210.00	690	11
Heifers	Medium and Large 2	—	369	205.75/cwt	200.00–215.00	759	14
Heifers	Medium and Large 1	—	518	213.98/cwt	209.00–223.00	1,108	23
Heifers	Medium and Large 1	—	424	230.26/cwt	220.00–245.00	976	24
Heifers	Medium and Large 2	—	424	201.02/cwt	190.00–210.00	852	11
Heifers	Medium and Large 1	—	677	188.80/cwt	180.00–207.00	1,278	5
Heifers	Medium and Large 1	—	576	208.64/cwt	200.00–217.00	1,202	17
Heifers	Medium and Large 1	—	621	200.29/cwt	192.50–205.00	1,244	8
Heifers	Medium and Large 2	—	524	188.02/cwt	180.00–195.00	985	7
Heifers	Medium and Large 1	—	471	222.59/cwt	213.00–232.00	1,048	12
Heifers	Medium and Large 1	—	705	205.00/cwt	205.00–205.00	1,445	1
Heifers	Medium and Large 2	—	476	195.48/cwt	185.00–200.00	930	10
Bulls	Medium and Large 1	—	518	206.99/cwt	197.00–215.00	1,072	6
Bulls	Medium and Large 1	—	572	198.36/cwt	190.00–205.00	1,135	6
Heifers	Medium and Large 1Fancy	—	325	280.00/cwt	280.00–280.00	910	1
Heifers	Medium and Large 1Value Added	—	468	235.49/cwt	232.50–240.00	1,102	9
Heifers	Medium and Large 1Value Added	—	350	270.00/cwt	270.00–270.00	945	3
Heifers	Medium and Large 1	—	373	245.77/cwt	225.00–266.00	917	17
Bred Cows	Medium and Large 1-2	—	1,196	1,567.71/head	1,500.00–1,600.00	1,568	4
Bred Cows	Medium and Large 1-2	—	1,075	95.00/cwt	95.00–95.00	1,021	2
Stock Cows	Medium and Large 1-2	—	887	97.65/cwt	95.00–101.00	866	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 Nov 9, 2023

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

Feeder CattleReceipts 1,108Last week 857Year ago 803

Replacement CattleReceipts 15Last week 10Year ago 10

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Bulls — Medium and Large 1$ per cwt · actual wt
1	—	690	189.00	189.00
1	—	765	180.00	180.00
1	—	825	175.00	175.00
8	—	480	200.00–220.00	213.62
7	—	615	175.00–200.00	187.80
2	—	730	182.00–185.00	183.51
6	—	518	197.00–215.00	206.99
6	—	572	190.00–205.00	198.36
Steers — Medium and Large 1$ per cwt · actual wt
1	—	895	195.00	195.00
4	—	731	205.00	205.00
15	—	422	250.00–282.50	265.06
14	—	374	260.00–297.50	276.98
5	—	678	207.50–216.00	211.36
9	—	574	220.00–225.00	221.75
17	—	469	230.00–275.00	254.79
18	—	317	270.00–295.00	279.09
9	—	614	209.00–218.00	215.35
13	—	527	225.00–250.00	233.28
Steers — Medium and Large 2$ per cwt · actual wt
9	—	376	225.00–235.00	229.46
14	—	427	215.00–230.00	222.18
6	—	525	200.00–210.00	205.45
8	—	322	232.00–245.00	239.12
6	—	474	210.00–215.00	213.42
Steers — Medium and Large 1 · Value Added$ per cwt · actual wt
2	—	535	240.00	240.00
Steers — Medium and Large 1 · Fancy$ per cwt · actual wt
1	—	400	310.00	310.00
1	—	450	292.50	292.50
Heifers — Medium and Large 1$ per cwt · actual wt
6	—	328	235.00–267.50	250.34
23	—	518	209.00–223.00	213.98
24	—	424	220.00–245.00	230.26
5	—	677	180.00–207.00	188.80
17	—	576	200.00–217.00	208.64
8	—	621	192.50–205.00	200.29
12	—	471	213.00–232.00	222.59
1	—	705	205.00	205.00
17	—	373	225.00–266.00	245.77
Heifers — Medium and Large 1 · Value Added$ per cwt · actual wt
5	—	425	240.00	240.00
2	—	600	212.50	212.50
9	—	468	232.50–240.00	235.49
3	—	350	270.00	270.00
Heifers — Medium and Large 2$ per cwt · actual wt
11	—	331	205.00–210.00	208.61
14	—	369	200.00–215.00	205.75
11	—	424	190.00–210.00	201.02
7	—	524	180.00–195.00	188.02
10	—	476	185.00–200.00	195.48
Heifers — Medium and Large 1 · Fancy$ per cwt · actual wt
1	—	325	280.00	280.00

Replacement Cattle

As reported

Age	Stage	Head	Wt range	Avg wt	Price range	Avg price
Bred Cows — Medium and Large 1-2$ per head · actual wt
Middle Aged (5-8 yrs)	2nd Stage (4-6 mo)	4	—	1,196	1,500.00–1,600.00	1,567.71
Middle Aged (5-8 yrs)	1st Stage (1-3 mo)	2	—	1,075	95.00	95.00
Stock Cows — Medium and Large 1-2$ per cwt · actual wt
Young (2-4 yrs)	Open	6	—	887	95.00–101.00	97.65

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.