Sale reports / Arkansas / Hope Livestock Auction Inc. / 2023-11-16

Hope Livestock Auction Inc.

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Hope, Arkansas · Thu, Nov 16
● Final58 lots reportedUSDA AMS · slug 2058
Feeder Cattle receipts
602 head
506 vs last sale 1,108 316 vs year ago 918 · 34.4%
Slaughter Cattle receipts
222 head
79 vs last sale 301 81 vs year ago 141 · +57.4%
Replacement Cattle receipts
150 head
135 vs last sale 15 150 vs year ago 0 · no sale a year ago
View

Reporter comment USDA

As filed

Compared to last week: Feeder steers 4.00-10.00 higher. Feeder heifers 2.00-10.00 higher. Slaughter cows steady to 1.00 higher. Slaughter bulls 1.00 higher. Quality was average. Market was stronger on most classes of cattle. Lightweight cattle are still in high demand.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $251.94/cwt on 125 head.
Average price
$251.94
125 head · 449 lb average
Value per head Derived
$1,132
Price × average weight ÷ 100
Grade differential Derived
$225
per head · Medium and Large 1 over Medium and Large 2
$33.76/cwt at this weight
vs the market
+5.57
vs AR average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1457260.041,18895
Medium and Large 2425226.2896230
One grade step is worth $33.76/cwt here — about $225 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 sale125 hd
251.94
AR average8 barns · 2,293 hd
246.37
+5.57
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
BullsAverage1,560100.331,56512
CowsBoner 80-85%Average1,16988.931,03953
CowsBreaker 75-80%Average1,47088.001,2941thin
CowsLean 85-90%Low93569.5465020

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)Middle Aged (5-8 yrs)1,150$1,6001thin
Bred Cows2nd Stage (4-6 mo)Young (2-4 yrs)1,056$1,5158
Bred Cows2nd Stage (4-6 mo)Middle Aged (5-8 yrs)1,152$1,42222
Bred Cows1st Stage (1-3 mo)Middle Aged (5-8 yrs)1,067$1,3215
Bred Heifers2nd Stage (4-6 mo)Young (2-4 yrs)1,001$1,5479
Cow-Calf PairsOpenYoung (2-4 yrs)1,211$1,8035
Cow-Calf PairsOpenMiddle Aged (5-8 yrs)1,298$1,69818
Cow-Calf Pairs3rd Stage (7-9 mo)Middle Aged (5-8 yrs)1,540$1,6252thin
Cow-Calf PairsOpenAged (>8 yrs)1,265$1,3996

Every lot, as filed

58 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
SteersMedium and Large 1Fancy360310.00/cwt310.00–310.001,1161
SteersMedium and Large 2522214.02/cwt210.00–215.001,1175
SteersMedium and Large 1675218.00/cwt217.00–219.001,4722
SteersMedium and Large 1760218.00/cwt218.00–218.001,6571
SteersMedium and Large 2333237.56/cwt235.00–240.007914
SteersMedium and Large 1Value Added575255.00/cwt255.00–255.001,4663
SteersMedium and Large 1561230.15/cwt220.00–250.001,2919
SteersMedium and Large 1472254.04/cwt244.00–266.001,19916
HeifersMedium and Large 1564210.16/cwt205.00–220.001,1858
HeifersMedium and Large 1475233.80/cwt225.00–240.001,11112
SteersMedium and Large 1707211.43/cwt200.00–217.501,4953
SteersMedium and Large 1527238.35/cwt230.00–250.001,25611
SteersMedium and Large 2435224.25/cwt210.00–230.009755
SteersMedium and Large 1605224.03/cwt220.00–228.001,3552
HeifersMedium and Large 1427242.82/cwt237.00–250.001,03710
HeifersMedium and Large 2377212.08/cwt205.00–218.0080010
SteersMedium and Large 2475222.67/cwt220.00–228.001,0586
SteersMedium and Large 2379231.09/cwt225.00–235.0087610
SteersMedium and Large 1371286.92/cwt265.00–305.001,06419
SteersMedium and Large 1417260.13/cwt248.00–275.001,08515
HeifersMedium and Large 2520176.93/cwt172.00–183.009205
HeifersMedium and Large 1868150.89/cwt145.00–157.501,3103
HeifersMedium and Large 1315246.49/cwt225.00–265.0077612
HeifersMedium and Large 1835166.00/cwt166.00–166.001,3861
HeifersMedium and Large 1362249.44/cwt230.00–267.5090310
HeifersMedium and Large 1526221.00/cwt215.00–230.001,16210
HeifersMedium and Large 2416203.07/cwt200.00–210.0084510
HeifersMedium and Large 2469198.34/cwt190.00–205.0093010
BullsMedium and Large 1688201.31/cwt195.00–206.001,3855
BullsMedium and Large 1581209.74/cwt204.00–214.001,2194
HeifersMedium and Large 2550170.00/cwt170.00–170.009352
HeifersMedium and Large 1608201.00/cwt195.00–214.001,2225
Cow-Calf PairsMedium and Large 1-21,2111,802.81/head1,600.00–1,875.001,8035
Cow-Calf PairsMedium and Large 1-21,2651,399.47/head1,350.00–1,450.001,3996
Cow-Calf PairsMedium and Large 1-21,2521,632.13/head1,400.00–1,800.001,63213
Bred CowsMedium and Large 1-2Fancy1,1751,875.00/head1,875.00–1,875.001,8751
Bred CowsMedium and Large 1-21,1521,422.26/head1,250.00–1,710.001,42222
Bred CowsMedium and Large 1-21,0671,320.62/head1,300.00–1,350.001,3215
Bred CowsMedium and Large 1-21,0391,463.72/head1,375.00–1,500.001,4647
Bred CowsMedium and Large 1-21,1501,600.00/head1,600.00–1,600.001,6001
Bred HeifersMedium and Large 1-21,0011,547.39/head1,350.00–1,675.001,5479
Cow-Calf PairsMedium and Large 1-21,5401,625.00/head1,625.00–1,625.001,6252
Cow-Calf PairsMedium and Large 1-21,4161,869.42/head1,850.00–1,900.001,8695
Bulls1,656104.76/cwt102.00–106.001,7358
Bulls1,36991.46/cwt88.00–95.001,2524
CowsLean 85-90%81353.29/cwt50.00–59.004336
CowsBoner 80-85%1,20291.51/cwt87.00–96.001,10033
CowsBoner 80-85%1,04778.56/cwt74.00–85.0082314
CowsBoner 80-85%1,26998.92/cwt98.00–100.001,2556
CowsBreaker 75-80%1,47088.00/cwt88.00–88.001,2941
CowsLean 85-90%98776.50/cwt74.00–80.0075514
SteersMedium and Large 1320290.86/cwt265.00–305.0093113
HeifersMedium and Large 2310208.06/cwt205.00–210.006455
BullsMedium and Large 1529214.80/cwt209.00–220.001,1364
BullsMedium and Large 1472228.15/cwt225.00–230.001,0779
BullsMedium and Large 1638204.62/cwt195.00–208.001,3055
BullsMedium and Large 1760173.52/cwt170.00–177.001,3192
BullsMedium and Large 1735191.00/cwt191.00–191.001,4041

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.