Sale reports / Arkansas / Hope Livestock Auction Inc. / 2023-12-14

Hope Livestock Auction Inc.

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Hope, Arkansas · Thu, Dec 14
● Final58 lots reportedUSDA AMS · slug 2058
Feeder Cattle receipts
692 head
179 vs last sale 871 90 vs year ago 782 · 11.5%
Slaughter Cattle receipts
183 head
5 vs last sale 178 41 vs year ago 224 · 18.3%
Replacement Cattle receipts
35 head
25 vs last sale 10 5 vs year ago 30 · +16.7%
View

Reporter comment USDA

As filed

Compared to last week: Feeder steers under 600 lbs. 2.00-5.00 higher; over 600 lbs. 3.00-8.00 lower. Feeder heifers 4.00-8.00 lower. Slaughter cows steady. Slaughter bulls steady. Quality was average. Buyer were still very aggressive on the lighter weight steers. Heavier cattle were softer. Sold a video load to view results click this link (https://www.ams.usda.gov/mnreports/ams_3628.pdf). Next sale will be January 4.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $254.02/cwt on 173 head.
Average price
$254.02
173 head · 476 lb average
Value per head Derived
$1,209
Price × average weight ÷ 100
Grade differential Derived
$360
per head · Medium and Large 1 over Medium and Large 2
$32.38/cwt at this weight
vs the market
+4.95
vs AR average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1499262.631,310127
Medium and Large 2413230.2695046
One grade step is worth $32.38/cwt here — about $360 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 sale173 hd
254.02
AR average9 barns · 1,301 hd
249.08
+4.95
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
BullsAverage1,59295.041,51312
CowsBreaker 75-80%Average1,35585.001,1521thin
CowsBoner 80-85%Average1,18684.0099634
CowsLean 85-90%Low92969.6564722

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)Young (2-4 yrs)1,095$1,5501thin
Bred Cows2nd Stage (4-6 mo)Young (2-4 yrs)1,113$1,4497
Bred Cows3rd Stage (7-9 mo)Middle Aged (5-8 yrs)925$1,3501thin
Bred Cows2nd Stage (4-6 mo)Middle Aged (5-8 yrs)1,132$1,31010
Bred Cows1st Stage (1-3 mo)Young (2-4 yrs)1,060$1,1001thin
Cow-Calf PairsOpenYoung (2-4 yrs)1,025$1,6501thin
Cow-Calf PairsOpenMiddle Aged (5-8 yrs)1,210$1,53211
Cow-Calf PairsOpenAged (>8 yrs)1,148$1,2196

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
CowsLean 85-90%81856.64/cwt52.00–62.004638
CowsBoner 80-85%1,27888.36/cwt85.00–92.001,12919
CowsBreaker 75-80%1,35585.00/cwt85.00–85.001,1521
CowsBoner 80-85%1,05276.59/cwt73.00–82.0080614
CowsLean 85-90%99377.08/cwt73.00–82.0076514
Bulls1,731103.70/cwt101.00–108.001,7957
Bulls1,39782.91/cwt79.00–87.001,1585
Cow-Calf PairsMedium and Large 1-21,1481,219.49/head1,100.00–1,400.001,2196
Bred CowsMedium and Large 1-21,1321,310.42/head1,100.00–1,600.001,31010
Bred CowsMedium and Large 1-21,0951,550.00/head1,550.00–1,550.001,5501
Bred CowsMedium and Large 1-29251,350.00/head1,350.00–1,350.001,3501
Bred CowsMedium and Large 1-21,0601,100.00/head1,100.00–1,100.001,1001
Bred CowsMedium and Large 1-21,1131,449.16/head1,210.00–1,575.001,4497
Cow-Calf PairsMedium and Large 1-21,0251,650.00/head1,650.00–1,650.001,6501
Cow-Calf PairsMedium and Large 1-21,1641,463.83/head1,300.00–1,780.001,4648
Cow-Calf PairsMedium and Large 1-21,3331,713.97/head1,600.00–1,800.001,7143
HeifersMedium and Large 2373202.90/cwt200.00–210.0075710
HeifersMedium and Large 1375233.30/cwt225.00–245.0087511
HeifersMedium and Large 1571196.96/cwt195.00–200.001,12510
HeifersMedium and Large 1424220.33/cwt215.00–222.509349
HeifersMedium and Large 2505172.20/cwt155.00–178.008706
HeifersMedium and Large 1827171.31/cwt168.00–177.001,4173
SteersMedium and Large 2555210.00/cwt210.00–210.001,1662
HeifersMedium and Large 1Value Added360271.67/cwt270.00–275.009783
HeifersMedium and Large 1Value Added335280.00/cwt280.00–280.009381
HeifersMedium and Large 1523213.34/cwt205.00–220.001,11610
HeifersMedium and Large 1672191.00/cwt181.00–197.501,2843
HeifersMedium and Large 2438191.76/cwt185.00–195.008406
SteersMedium and Large 1318285.68/cwt280.00–295.009088
SteersMedium and Large 1521253.52/cwt237.50–270.001,32113
SteersMedium and Large 1574235.84/cwt230.00–240.001,3548
SteersMedium and Large 2378237.46/cwt230.00–245.0089813
HeifersMedium and Large 1621196.34/cwt190.00–205.001,2198
HeifersMedium and Large 1324245.03/cwt230.00–260.0079412
SteersMedium and Large 1727200.15/cwt190.00–205.001,45511
SteersMedium and Large 1628226.00/cwt217.50–240.001,4197
SteersMedium and Large 1760200.00/cwt200.00–200.001,5201
SteersMedium and Large 1665215.00/cwt215.00–215.001,4301
HeifersMedium and Large 2306200.98/cwt200.00–205.006155
HeifersMedium and Large 2465190.98/cwt190.00–192.008884
SteersMedium and Large 1Value Added574252.76/cwt250.00–260.001,4517
SteersMedium and Large 1Value Added460291.40/cwt289.00–295.001,3405
SteersMedium and Large 1Value Added614241.21/cwt235.00–260.001,4814
SteersMedium and Large 1418289.73/cwt260.00–315.001,21120
SteersMedium and Large 2320242.75/cwt235.00–250.0077710
SteersMedium and Large 2419227.65/cwt225.00–230.009549
SteersMedium and Large 2473221.51/cwt215.00–225.001,0486
SteersMedium and Large 2525213.24/cwt210.00–220.001,1206
SteersMedium and Large 1Value Added514267.24/cwt260.00–275.001,3747
SteersMedium and Large 1463271.92/cwt253.00–295.001,25920
SteersMedium and Large 1376292.86/cwt270.00–320.001,10115
HeifersMedium and Large 1464216.07/cwt212.50–220.001,0037
HeifersMedium and Large 1718177.99/cwt176.00–180.001,2782
HeifersMedium and Large 2570175.00/cwt175.00–175.009981
BullsMedium and Large 1481235.00/cwt235.00–235.001,1305
CowsBoner 80-85%1,305105.00/cwt105.00–105.001,3701
BullsMedium and Large 1524227.07/cwt220.00–235.001,1909
BullsMedium and Large 1630185.99/cwt185.00–187.001,1722

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.