Sale reports / Arkansas / Hope Livestock Auction Inc. / 2023-12-07

Hope Livestock Auction Inc.

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Hope, Arkansas · Thu, Dec 7
● Final63 lots reportedUSDA AMS · slug 2058
Feeder Cattle receipts
871 head
▲ 135 vs last sale 736▲ 475 vs year ago 396 · +119.9%
Slaughter Cattle receipts
178 head
▼ 37 vs last sale 215▲ 101 vs year ago 77 · +131.2%
Replacement Cattle receipts
10 head
▲ 0 vs last sale 10▲ 10 vs year ago 0 · no sale a year ago
View

Reporter comment USDA

As filed

Compared to last week: Feeder steers were unevenly steady over 500 lbs. 300-400 lbs were a few dollars cheaper with 400-500 lbs as much as 10.00 higher. Feeder heifers 1.00-5.00 lower. Slaughter cows steady to 2.00 lower. Slaughter bulls steady. Quality was average. There were numerous light weight calves on offer. Buyers were very aggressive on cattle under 500 lbs. The futures board continues to move lower taking the heavier weight cattle down with it. Next week will be the last sale of the year.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $256.75/cwt on 184 head.
Average price
$256.75
184 head · 462 lb average
Value per head Derived
$1,186
Price × average weight ÷ 100
Grade differential Derived
$258
per head · Medium and Large 1 over Medium and Large 2
$43.22/cwt at this weight
vs the market
+13.56
vs AR average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1468268.261,257135
Medium and Large 2444225.0499949
One grade step is worth $43.22/cwt here — about $258 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 sale184 hd
256.75
—
AR average10 barns · 2,182 hd
243.19
+13.56
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—Low1,59296.051,5299thin
CowsBoner 80-85%High1,17585.271,00248
CowsLean 85-90%Low93771.1166624

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 Cows2nd Stage (4-6 mo)Young (2-4 yrs)1,113$1,2732thin
Bred Cows2nd Stage (4-6 mo)Middle Aged (5-8 yrs)1,150$1,1751thin
Cow-Calf PairsOpenMiddle Aged (5-8 yrs)1,585$1,9001thin

Every lot, as filed

63 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 2—525212.68/cwt200.00–220.001,1179
SteersMedium and Large 1—755213.00/cwt213.00–213.001,6081
SteersMedium and Large 1—375293.08/cwt275.00–312.501,09917
SteersMedium and Large 1Value Added—528250.35/cwt245.00–255.001,32213
SteersMedium and Large 1Value Added—575249.00/cwt249.00–249.001,4323
SteersMedium and Large 1Value Added—425297.41/cwt295.00–300.001,2644
SteersMedium and Large 1—730206.00/cwt206.00–206.001,5041
SteersMedium and Large 2—560217.00/cwt217.00–217.001,2152
SteersMedium and Large 2—338235.10/cwt230.00–238.007957
SteersMedium and Large 1—315292.22/cwt275.00–312.5092018
SteersMedium and Large 1—421286.46/cwt258.00–317.001,20620
SteersMedium and Large 1Value Added—640235.00/cwt235.00–235.001,5043
SteersMedium and Large 1—468268.65/cwt250.00–295.001,25716
HeifersMedium and Large 1Value Added—469227.40/cwt220.00–235.001,0678
HeifersMedium and Large 1Value Added—525227.00/cwt227.00–227.001,1923
SteersMedium and Large 1—685224.00/cwt224.00–224.001,5341
SteersMedium and Large 2—375236.22/cwt230.00–240.008868
SteersMedium and Large 1—925165.00/cwt165.00–165.001,5261
SteersMedium and Large 1Fancy—460300.00/cwt300.00–300.001,3801
HeifersMedium and Large 1—915166.00/cwt166.00–166.001,5192
HeifersMedium and Large 1—752179.65/cwt171.00–188.001,3513
SteersMedium and Large 1—558234.29/cwt230.00–245.001,3076
SteersMedium and Large 1—618229.41/cwt224.00–237.501,4189
SteersMedium and Large 1—523245.63/cwt230.00–265.001,28513
HeifersMedium and Large 1—515211.87/cwt200.00–219.001,09114
HeifersMedium and Large 1—425224.94/cwt220.00–237.0095610
HeifersMedium and Large 1—572209.09/cwt195.00–215.001,19610
HeifersMedium and Large 1Value Added—610210.04/cwt205.00–215.001,2814
HeifersMedium and Large 1Value Added—400245.00/cwt245.00–245.009803
HeifersMedium and Large 1Value Added—568217.82/cwt213.00–221.001,2375
HeifersMedium and Large 1—830171.49/cwt171.00–172.001,4232
HeifersMedium and Large 2—469198.07/cwt195.00–200.009295
HeifersMedium and Large 2—529183.93/cwt175.00–190.009735
HeifersMedium and Large 2—381206.99/cwt200.00–210.0078910
HeifersMedium and Large 1—618200.46/cwt192.00–210.001,2399
HeifersMedium and Large 2—436204.13/cwt200.00–210.008907
HeifersMedium and Large 1—321250.52/cwt240.00–262.508047
HeifersMedium and Large 1—727176.64/cwt165.00–193.001,2843
BullsMedium and Large 1—683198.72/cwt190.00–205.001,3574
BullsMedium and Large 1—514225.66/cwt225.00–229.001,1606
HeifersMedium and Large 1—475218.89/cwt215.00–225.001,04011
HeifersMedium and Large 1—367246.95/cwt233.00–267.5090612
HeifersMedium and Large 1—890163.00/cwt163.00–163.001,4511
Cow-Calf PairsMedium and Large 1-2—1,5851,900.00/head1,900.00–1,900.001,9001
Bred CowsMedium and Large 1-2—1,1131,273.31/head1,175.00–1,350.001,2732
Bred CowsMedium and Large 1-2—1,1501,175.00/head1,175.00–1,175.001,1751
Bulls——1,39090.14/cwt84.00–93.001,2535
Bulls——1,844103.43/cwt101.00–108.001,9074
CowsLean 85-90%—80955.65/cwt50.00–63.004507
CowsBoner 80-85%—1,30198.69/cwt95.00–105.001,2844
CowsBoner 80-85%—1,04677.14/cwt72.00–80.0080714
CowsLean 85-90%—98977.48/cwt75.00–80.0076617
CowsBoner 80-85%—1,21887.27/cwt84.00–93.001,06330
SteersMedium and Large 1Value Added—476284.68/cwt280.00–295.001,3558
SteersMedium and Large 2—625200.00/cwt200.00–200.001,2501
SteersMedium and Large 2—470224.33/cwt220.00–228.001,05410
SteersMedium and Large 2—434225.01/cwt220.00–230.0097712
HeifersMedium and Large 1—674199.31/cwt185.00–208.001,3435
HeifersMedium and Large 2—317210.96/cwt208.00–215.006696
BullsMedium and Large 1—560218.04/cwt217.00–220.001,2213
BullsMedium and Large 1—765177.48/cwt175.00–180.001,3582
BullsMedium and Large 1—472233.36/cwt230.00–235.001,1013
BullsMedium and Large 1—625202.50/cwt200.00–205.001,2662

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.