Sale reports / Arkansas / Hope Livestock Auction Inc. / 2023-11-30

Hope Livestock Auction Inc.

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Hope, Arkansas · Thu, Nov 30
● Final49 lots reportedUSDA AMS · slug 2058
Feeder Cattle receipts
736 head
134 vs last sale 602 112 vs year ago 848 · 13.2%
Slaughter Cattle receipts
215 head
7 vs last sale 222 51 vs year ago 266 · 19.2%
Replacement Cattle receipts
10 head
140 vs last sale 150 10 vs year ago 20 · 50.0%
View

Reporter comment USDA

As filed

Compared to two weeks ago: Feeder steers 2.00-10.00 instances 12.00-15.00 higher. Feeder heifers unevenly steady. Slaughter cows 1.00-2.00 lower. Slaughter bulls 1.00-2.00 lower. Quality was average. Buyers were aggressive on lightweight steers and cattle in the right condition. Sold two video loads 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 $246.48/cwt on 161 head.
Average price
$246.48
161 head · 503 lb average
Value per head Derived
$1,240
Price × average weight ÷ 100
Grade differential Derived
$354
per head · Medium and Large 1 over Medium and Large 2
$30.78/cwt at this weight
vs the market
6.12
vs AR average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1524253.931,330122
Medium and Large 2438223.1597639
One grade step is worth $30.78/cwt here — about $354 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 sale161 hd
246.48
AR average7 barns · 1,680 hd
252.59
−6.12
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
BullsLow1,63498.561,61012
CowsBreaker 75-80%Average1,59592.511,4764thin
CowsBoner 80-85%High1,19188.151,05060
CowsLean 85-90%Low92376.4770617

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)1,368$1,4803thin

Every lot, as filed

49 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
HeifersMedium and Large 1378248.98/cwt235.00–267.509418
BullsMedium and Large 1715186.53/cwt182.00–191.001,3342
SteersMedium and Large 2375234.00/cwt233.00–235.008784
SteersMedium and Large 2321234.97/cwt230.00–240.0075410
SteersMedium and Large 1465260.02/cwt240.00–280.001,20912
SteersMedium and Large 1432276.43/cwt260.00–305.001,19413
SteersMedium and Large 1564242.08/cwt235.00–253.001,36522
SteersMedium and Large 1773205.51/cwt205.00–206.001,5892
SteersMedium and Large 1Value Added603232.32/cwt230.00–237.001,4013
SteersMedium and Large 2512210.62/cwt200.00–220.001,07812
SteersMedium and Large 1516247.30/cwt235.00–271.001,27611
SteersMedium and Large 1622229.76/cwt225.00–238.001,42913
SteersMedium and Large 1662222.88/cwt220.00–225.001,4758
SteersMedium and Large 1721220.47/cwt215.00–229.001,5909
SteersMedium and Large 1325292.91/cwt275.00–315.0095210
SteersMedium and Large 1367305.78/cwt265.00–330.001,12211
HeifersMedium and Large 1459235.72/cwt227.50–246.001,0828
HeifersMedium and Large 1606200.88/cwt182.00–213.001,2178
HeifersMedium and Large 2467195.30/cwt190.00–200.009129
SteersMedium and Large 1Fancy460301.00/cwt301.00–301.001,3851
SteersMedium and Large 2568211.72/cwt210.00–215.001,2033
SteersMedium and Large 1Value Added523251.98/cwt250.00–254.001,3187
HeifersMedium and Large 1419237.82/cwt225.00–258.0099617
HeifersMedium and Large 1521217.37/cwt215.00–224.001,13210
HeifersMedium and Large 1569211.13/cwt207.00–220.001,2017
HeifersMedium and Large 1314250.39/cwt240.00–262.5078612
HeifersMedium and Large 2430196.92/cwt193.00–200.0084711
SteersMedium and Large 2428227.48/cwt222.00–230.009746
HeifersMedium and Large 1800179.00/cwt179.00–179.001,4321
HeifersMedium and Large 2319213.76/cwt200.00–218.006824
HeifersMedium and Large 2524184.02/cwt177.00–190.0096415
HeifersMedium and Large 2375214.08/cwt210.00–220.008035
HeifersMedium and Large 1666198.50/cwt192.00–207.001,3226
SteersMedium and Large 2485222.45/cwt220.00–225.001,0794
Bred HeifersMedium and Large 1-21,080111.00/cwt111.00–111.001,1991
Stock CowsMedium and Large 1-295995.51/cwt95.00–97.009164
Cow-Calf PairsMedium and Large 1-21,3681,479.96/head1,400.00–1,550.001,4803
Bulls1,44190.49/cwt90.00–92.001,3044
Bulls1,730102.60/cwt97.00–110.001,7758
CowsLean 85-90%76863.62/cwt60.00–67.004893
CowsBoner 80-85%1,38698.02/cwt96.00–102.001,3597
CowsBoner 80-85%1,05277.54/cwt75.00–80.0081611
CowsBoner 80-85%1,19589.29/cwt85.00–95.001,06742
CowsBreaker 75-80%1,59592.51/cwt90.00–96.001,4764
CowsLean 85-90%95679.22/cwt75.00–82.0075714
BullsMedium and Large 1623193.87/cwt183.00–205.001,2082
BullsMedium and Large 1522218.63/cwt215.00–220.001,1415
BullsMedium and Large 1467235.50/cwt230.00–240.001,1008
BullsMedium and Large 1571208.13/cwt200.00–215.001,1885

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.