Name: Hope Livestock Auction Inc. livestock auction prices — 2024-01-25
Creator: RaisedBeef
Published: 2024-01-25

Reporter comment USDA

As filed

No trend due to no sale last week, but cattle were considerably higher on all classes of calves. Buyers were very aggressive on a small offering. There were limited receipts due to the recent heavy rains. Had a large number of preconditioned cattle. Quality was average.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot

0–100 lb steers averaged $288.80/cwt on 90 head.

Average price

$288.80

90 head · 506 lb average

Value per head Derived

$1,463

Price × average weight ÷ 100

Grade differential Derived

$512

per head · Medium and Large 1 over Medium and Large 2

$52.79/cwt at this weight

vs the market

+17.59

vs AR average

What quality paid 0–100 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1	515	293.49	1,512	82
Medium and Large 2	416	240.70	1,000	8thin

One grade step is worth $52.79/cwt here — about $512 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 sale90 hd

288.80

—

AR average7 barns · 770 hd

271.21

+17.59

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.

Class	Grade	Dressing	Avg wt	$/cwt	$/head	Head
Bulls	—	Average	1,682	102.58	1,725	7thin
Cows	Boner 80-85%	Low	1,127	88.24	995	17
Cows	Lean 85-90%	Average	942	72.14	680	8thin

Every lot, as filed

44 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.

Class	Grade / description	Weight	Avg wt	Price	Range	Per head	Head
Steers	Medium and Large 1	—	507	290.86/cwt	277.50–300.00	1,475	3
Steers	Medium and Large 1	—	478	313.73/cwt	300.00–335.00	1,500	4
Steers	Medium and Large 2	—	530	228.43/cwt	225.00–230.00	1,211	3
Steers	Medium and Large 1	—	566	273.07/cwt	265.00–282.50	1,546	5
Steers	Medium and Large 1Value Added	—	628	266.40/cwt	264.00–271.00	1,673	10
Steers	Medium and Large 1Value Added	—	372	340.00/cwt	300.00–355.00	1,265	8
Bulls	Medium and Large 1	—	565	245.00/cwt	245.00–245.00	1,384	1
Bulls	Medium and Large 1	—	650	226.00/cwt	226.00–226.00	1,469	1
Heifers	Medium and Large 1	—	330	273.90/cwt	270.00–280.00	904	3
Heifers	Medium and Large 1	—	660	207.30/cwt	205.00–212.00	1,368	3
Heifers	Medium and Large 1	—	469	239.06/cwt	233.00–249.00	1,121	4
Heifers	Medium and Large 1	—	419	255.86/cwt	239.00–273.00	1,072	8
Steers	Medium and Large 1	—	671	239.47/cwt	230.00–244.00	1,607	4
Steers	Medium and Large 1Value Added	—	519	301.22/cwt	290.00–315.00	1,563	8
Steers	Medium and Large 1	—	418	314.92/cwt	300.00–332.50	1,316	4
Steers	Medium and Large 2	—	325	250.08/cwt	235.00–260.00	813	4
Steers	Medium and Large 1Value Added	—	471	335.44/cwt	325.00–345.00	1,580	7
Steers	Medium and Large 1Value Added	—	424	331.70/cwt	320.00–340.00	1,406	5
Steers	Medium and Large 1	—	324	304.81/cwt	295.00–315.00	988	4
Steers	Medium and Large 2	—	435	240.00/cwt	240.00–240.00	1,044	1
Heifers	Medium and Large 1Value Added	—	570	230.00/cwt	230.00–230.00	1,311	1
Heifers	Medium and Large 1Value Added	—	650	224.00/cwt	224.00–224.00	1,456	1
Steers	Medium and Large 1	—	607	247.91/cwt	230.00–270.00	1,505	6
Steers	Medium and Large 1Value Added	—	665	260.66/cwt	260.00–261.00	1,733	3
Heifers	Medium and Large 1Value Added	—	467	245.84/cwt	240.00–250.00	1,148	6
Heifers	Medium and Large 1Value Added	—	627	221.90/cwt	220.00–232.00	1,391	12
Heifers	Medium and Large 1	—	626	213.63/cwt	210.00–217.00	1,337	4
Heifers	Medium and Large 1	—	380	275.99/cwt	262.50–287.00	1,049	5
Steers	Medium and Large 1	—	725	236.03/cwt	230.00–245.00	1,711	5
Steers	Medium and Large 1	—	375	314.50/cwt	277.50–340.00	1,179	6
Heifers	Medium and Large 2	—	415	213.58/cwt	210.00–217.00	886	2
Heifers	Medium and Large 1Value Added	—	420	267.14/cwt	260.00–275.00	1,122	4
Heifers	Medium and Large 2	—	470	215.00/cwt	215.00–215.00	1,011	1
Heifers	Medium and Large 2	—	545	200.00/cwt	200.00–200.00	1,090	1
Heifers	Medium and Large 1Value Added	—	305	292.42/cwt	287.50–302.50	892	3
Heifers	Medium and Large 1Value Added	—	370	279.59/cwt	270.00–290.00	1,034	4
Heifers	Medium and Large 1	—	528	227.47/cwt	222.00–230.00	1,201	4
Heifers	Medium and Large 1	—	573	221.00/cwt	219.00–225.00	1,266	4
Bulls	—	—	1,753	105.51/cwt	103.00–108.00	1,850	6
Bulls	—	—	1,255	85.00/cwt	85.00–85.00	1,067	1
Cows	Boner 80-85%	—	1,028	79.00/cwt	78.00–80.00	812	4
Cows	Lean 85-90%	—	988	77.00/cwt	75.00–80.00	761	6
Cows	Lean 85-90%	—	805	57.56/cwt	55.00–60.00	463	2
Cows	Boner 80-85%	—	1,158	91.08/cwt	87.00–99.00	1,055	13

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.

Arkansas feeder prices, every weight →Every state and region →

Hope Livestock Auction - Hope, AR

Thu Jan 25, 2024

USDA Livestock, Poultry & Grain Market News · Federal-State Market News Service, Little Rock, AR (LS-LR)

Feeder CattleReceipts 249Last week 654Year ago 359

Slaughter CattleReceipts 35Last week 89Year ago 118

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1$ per cwt · actual wt
3	—	507	277.50–300.00	290.86
4	—	478	300.00–335.00	313.73
5	—	566	265.00–282.50	273.07
4	—	671	230.00–244.00	239.47
4	—	418	300.00–332.50	314.92
4	—	324	295.00–315.00	304.81
6	—	607	230.00–270.00	247.91
5	—	725	230.00–245.00	236.03
6	—	375	277.50–340.00	314.50
Steers — Medium and Large 2$ per cwt · actual wt
3	—	530	225.00–230.00	228.43
4	—	325	235.00–260.00	250.08
1	—	435	240.00	240.00
Steers — Medium and Large 1 · Value Added$ per cwt · actual wt
10	—	628	264.00–271.00	266.40
8	—	372	300.00–355.00	340.00
8	—	519	290.00–315.00	301.22
7	—	471	325.00–345.00	335.44
5	—	424	320.00–340.00	331.70
3	—	665	260.00–261.00	260.66
Bulls — Medium and Large 1$ per cwt · actual wt
1	—	565	245.00	245.00
1	—	650	226.00	226.00
Heifers — Medium and Large 1$ per cwt · actual wt
3	—	330	270.00–280.00	273.90
3	—	660	205.00–212.00	207.30
4	—	469	233.00–249.00	239.06
8	—	419	239.00–273.00	255.86
4	—	626	210.00–217.00	213.63
5	—	380	262.50–287.00	275.99
4	—	528	222.00–230.00	227.47
4	—	573	219.00–225.00	221.00
Heifers — Medium and Large 1 · Value Added$ per cwt · actual wt
1	—	570	230.00	230.00
1	—	650	224.00	224.00
6	—	467	240.00–250.00	245.84
12	—	627	220.00–232.00	221.90
4	—	420	260.00–275.00	267.14
3	—	305	287.50–302.50	292.42
4	—	370	270.00–290.00	279.59
Heifers — Medium and Large 2$ per cwt · actual wt
2	—	415	210.00–217.00	213.58
1	—	470	215.00	215.00
1	—	545	200.00	200.00

Slaughter Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Bulls$ per cwt · actual wt
6	—	1,753	103.00–108.00	105.51
1	—	1,255	85.00	85.00
Cows — Boner 80-85%$ per cwt · actual wt
4	—	1,028	78.00–80.00	79.00
13	—	1,158	87.00–99.00	91.08
Cows — Lean 85-90%$ per cwt · actual wt
6	—	988	75.00–80.00	77.00
2	—	805	55.00–60.00	57.56

Head, weight ranges, average weights and price ranges are exactly as USDA AMS filed them — nothing recomputed, nothing rounded — in USDA's own reporting structure. This is RaisedBeef's rendering of that data, not a copy of USDA's document.

Feeder Cattle — prices, barns, and planning

Fed Cattle — the cash market and what quality pays

Beef & Retail — from the box to the grocery shelf

Feed & Hay — the cost side, cash not futures

Cows & Bred Stock — the rebuild market

More

Hope Livestock Auction Inc.