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
BullsLow1,59296.051,5299thin
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 2525212.68/cwt200.00–220.001,1179
SteersMedium and Large 1755213.00/cwt213.00–213.001,6081
SteersMedium and Large 1375293.08/cwt275.00–312.501,09917
SteersMedium and Large 1Value Added528250.35/cwt245.00–255.001,32213
SteersMedium and Large 1Value Added575249.00/cwt249.00–249.001,4323
SteersMedium and Large 1Value Added425297.41/cwt295.00–300.001,2644
SteersMedium and Large 1730206.00/cwt206.00–206.001,5041
SteersMedium and Large 2560217.00/cwt217.00–217.001,2152
SteersMedium and Large 2338235.10/cwt230.00–238.007957
SteersMedium and Large 1315292.22/cwt275.00–312.5092018
SteersMedium and Large 1421286.46/cwt258.00–317.001,20620
SteersMedium and Large 1Value Added640235.00/cwt235.00–235.001,5043
SteersMedium and Large 1468268.65/cwt250.00–295.001,25716
HeifersMedium and Large 1Value Added469227.40/cwt220.00–235.001,0678
HeifersMedium and Large 1Value Added525227.00/cwt227.00–227.001,1923
SteersMedium and Large 1685224.00/cwt224.00–224.001,5341
SteersMedium and Large 2375236.22/cwt230.00–240.008868
SteersMedium and Large 1925165.00/cwt165.00–165.001,5261
SteersMedium and Large 1Fancy460300.00/cwt300.00–300.001,3801
HeifersMedium and Large 1915166.00/cwt166.00–166.001,5192
HeifersMedium and Large 1752179.65/cwt171.00–188.001,3513
SteersMedium and Large 1558234.29/cwt230.00–245.001,3076
SteersMedium and Large 1618229.41/cwt224.00–237.501,4189
SteersMedium and Large 1523245.63/cwt230.00–265.001,28513
HeifersMedium and Large 1515211.87/cwt200.00–219.001,09114
HeifersMedium and Large 1425224.94/cwt220.00–237.0095610
HeifersMedium and Large 1572209.09/cwt195.00–215.001,19610
HeifersMedium and Large 1Value Added610210.04/cwt205.00–215.001,2814
HeifersMedium and Large 1Value Added400245.00/cwt245.00–245.009803
HeifersMedium and Large 1Value Added568217.82/cwt213.00–221.001,2375
HeifersMedium and Large 1830171.49/cwt171.00–172.001,4232
HeifersMedium and Large 2469198.07/cwt195.00–200.009295
HeifersMedium and Large 2529183.93/cwt175.00–190.009735
HeifersMedium and Large 2381206.99/cwt200.00–210.0078910
HeifersMedium and Large 1618200.46/cwt192.00–210.001,2399
HeifersMedium and Large 2436204.13/cwt200.00–210.008907
HeifersMedium and Large 1321250.52/cwt240.00–262.508047
HeifersMedium and Large 1727176.64/cwt165.00–193.001,2843
BullsMedium and Large 1683198.72/cwt190.00–205.001,3574
BullsMedium and Large 1514225.66/cwt225.00–229.001,1606
HeifersMedium and Large 1475218.89/cwt215.00–225.001,04011
HeifersMedium and Large 1367246.95/cwt233.00–267.5090612
HeifersMedium and Large 1890163.00/cwt163.00–163.001,4511
Cow-Calf PairsMedium and Large 1-21,5851,900.00/head1,900.00–1,900.001,9001
Bred CowsMedium and Large 1-21,1131,273.31/head1,175.00–1,350.001,2732
Bred CowsMedium and Large 1-21,1501,175.00/head1,175.00–1,175.001,1751
Bulls1,39090.14/cwt84.00–93.001,2535
Bulls1,844103.43/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 Added476284.68/cwt280.00–295.001,3558
SteersMedium and Large 2625200.00/cwt200.00–200.001,2501
SteersMedium and Large 2470224.33/cwt220.00–228.001,05410
SteersMedium and Large 2434225.01/cwt220.00–230.0097712
HeifersMedium and Large 1674199.31/cwt185.00–208.001,3435
HeifersMedium and Large 2317210.96/cwt208.00–215.006696
BullsMedium and Large 1560218.04/cwt217.00–220.001,2213
BullsMedium and Large 1765177.48/cwt175.00–180.001,3582
BullsMedium and Large 1472233.36/cwt230.00–235.001,1013
BullsMedium and Large 1625202.50/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.