Sale reports / Arkansas / Hope Livestock Auction Inc. / 2024-02-01

Hope Livestock Auction Inc.

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Hope, Arkansas · Thu, Feb 1
● Final71 lots reportedUSDA AMS · slug 2058
Feeder Cattle receipts
807 head
▲ 558 vs last sale 249▲ 448 vs year ago 359 · +124.8%
Slaughter Cattle receipts
174 head
▲ 139 vs last sale 35▲ 56 vs year ago 118 · +47.5%
Replacement Cattle receipts
25 head
▲ 25 vs last sale 0▲ 10 vs year ago 15 · +66.7%
View

Reporter comment USDA

As filed

No trend due to limited receipts last week. Market was strong on all classes of cattle. Buyers were very aggressive. Quality was average. We are seeing prices on calves that have not been seen in years. Sold a video load 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 $287.53/cwt on 200 head.
Average price
$287.53
200 head · 500 lb average
Value per head Derived
$1,437
Price × average weight ÷ 100
Grade differential Derived
$405
per head · Medium and Large 1 over Medium and Large 2
$39.13/cwt at this weight
vs the market
−0.74
vs AR average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1512293.791,506168
Medium and Large 2432254.661,10032
One grade step is worth $39.13/cwt here — about $405 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 sale200 hd
287.53
—
AR average6 barns · 2,083 hd
288.27
−0.74
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—Average1,667110.021,8349thin
CowsBreaker 75-80%Average1,238100.511,2442thin
CowsBoner 80-85%Average1,17797.911,15231
CowsLean 85-90%Low93376.5671510

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)1,040$1,8251thin
Bred Cows3rd Stage (7-9 mo)Middle Aged (5-8 yrs)1,198$1,6193thin
Bred Cows2nd Stage (4-6 mo)Middle Aged (5-8 yrs)1,095$1,5001thin
Bred Cows3rd Stage (7-9 mo)Young (2-4 yrs)1,055$1,4501thin
Bred Cows1st Stage (1-3 mo)Young (2-4 yrs)975$1,3001thin
Cow-Calf PairsOpenMiddle Aged (5-8 yrs)1,540$2,2351thin

Every lot, as filed

71 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 1—638254.12/cwt245.00–282.501,6217
SteersMedium and Large 1—770232.53/cwt230.00–237.001,7904
SteersMedium and Large 1Value Added—673269.57/cwt267.50–272.501,8145
SteersMedium and Large 1Value Added—705250.00/cwt250.00–250.001,7632
SteersMedium and Large 2—370272.66/cwt265.00–278.001,0095
SteersMedium and Large 1Fancy—405375.00/cwt375.00–375.001,5191
SteersMedium and Large 1Fancy—380370.00/cwt360.00–380.001,4064
SteersMedium and Large 1—420304.57/cwt275.00–345.001,27924
SteersMedium and Large 1—468299.33/cwt280.00–325.001,40122
HeifersMedium and Large 1Value Added—485251.00/cwt251.00–251.001,2172
SteersMedium and Large 2—466246.91/cwt240.00–255.001,1518
HeifersMedium and Large 1—674221.18/cwt216.00–225.001,4915
HeifersMedium and Large 1Value Added—517262.91/cwt259.00–265.001,3593
HeifersMedium and Large 1Value Added—615236.00/cwt236.00–236.001,4512
SteersMedium and Large 1—532278.01/cwt265.00–305.001,4799
SteersMedium and Large 1—565269.14/cwt262.50–280.001,52112
HeifersMedium and Large 1Value Added—575253.22/cwt245.00–261.001,4565
SteersMedium and Large 2—336271.15/cwt250.00–277.009115
SteersMedium and Large 1Fancy—323367.56/cwt365.00–370.001,1872
SteersMedium and Large 1—373332.83/cwt300.00–355.001,24112
SteersMedium and Large 2—523239.19/cwt235.00–245.001,2516
SteersMedium and Large 1—329334.58/cwt305.00–350.001,10111
SteersMedium and Large 1—727234.80/cwt225.00–240.001,7076
SteersMedium and Large 1Value Added—392348.19/cwt340.00–365.001,3653
SteersMedium and Large 1Value Added—420367.50/cwt367.50–367.501,5442
SteersMedium and Large 1—674241.79/cwt230.00–255.001,6307
SteersMedium and Large 1Value Added—609279.97/cwt261.00–283.001,70518
SteersMedium and Large 1Value Added—508293.31/cwt285.00–300.001,4905
SteersMedium and Large 1Value Added—483320.83/cwt320.00–322.501,5503
SteersMedium and Large 1Value Added—569284.41/cwt275.00–310.001,6189
SteersMedium and Large 2—429252.46/cwt245.00–260.001,0838
HeifersMedium and Large 1Fancy—385317.50/cwt317.50–317.501,2221
BullsMedium and Large 1—464269.73/cwt255.00–280.001,2528
BullsMedium and Large 1—770219.97/cwt218.00–222.001,6943
BullsMedium and Large 1—727223.31/cwt220.00–225.001,6233
BullsMedium and Large 1—518245.31/cwt240.00–255.001,2719
BullsMedium and Large 1—575245.00/cwt245.00–245.001,4091
CowsBoner 80-85%—1,17499.05/cwt94.00–103.001,16321
CowsBreaker 75-80%—1,238100.51/cwt100.00–101.001,2442
CowsBoner 80-85%—1,312106.84/cwt105.00–110.001,4025
CowsBoner 80-85%—1,05284.20/cwt80.00–86.008865
CowsLean 85-90%—76358.53/cwt55.00–62.004472
CowsLean 85-90%—97681.07/cwt76.00–85.007918
Bulls——1,667110.02/cwt105.00–115.001,8349
Stock CowsMedium and Large 1-2—893120.43/cwt117.00–130.001,0756
Bred CowsMedium and Large 1-2—1,0401,825.00/head1,825.00–1,825.001,8251
Bred CowsMedium and Large 1-2—1,0951,500.00/head1,500.00–1,500.001,5001
Bred CowsMedium and Large 1-2—1,180109.07/cwt103.00–114.001,2873
Bred CowsMedium and Large 1-2—1,0551,450.00/head1,450.00–1,450.001,4501
Bred CowsMedium and Large 1-2—1,1981,618.57/head1,550.00–1,725.001,6193
Bred CowsMedium and Large 1-2—9751,300.00/head1,300.00–1,300.001,3001
Cow-Calf PairsMedium and Large 1-2—1,5402,235.00/head2,235.00–2,235.002,2351
HeifersMedium and Large 1—718211.89/cwt200.00–222.001,5213
BullsMedium and Large 1—683221.02/cwt220.00–222.001,5102
HeifersMedium and Large 2—323244.77/cwt240.00–250.007916
HeifersMedium and Large 1Fancy—465280.00/cwt280.00–280.001,3021
HeifersMedium and Large 1Fancy—405315.00/cwt315.00–315.001,2761
HeifersMedium and Large 1Fancy—340320.00/cwt320.00–320.001,0882
HeifersMedium and Large 2—418228.11/cwt220.00–237.009538
HeifersMedium and Large 2—369238.44/cwt230.00–247.008807
HeifersMedium and Large 1—364277.01/cwt255.00–317.501,00814
HeifersMedium and Large 1—326281.97/cwt270.00–300.009198
HeifersMedium and Large 1—420258.20/cwt249.00–273.001,08419
HeifersMedium and Large 1—800199.00/cwt199.00–199.001,5921
HeifersMedium and Large 2—523219.06/cwt215.00–222.001,1465
HeifersMedium and Large 1Value Added—410272.50/cwt272.50–272.501,1172
HeifersMedium and Large 2—473222.00/cwt215.00–232.001,05014
HeifersMedium and Large 1—611236.58/cwt224.00–245.001,4467
HeifersMedium and Large 1—572242.27/cwt230.00–253.001,38612
HeifersMedium and Large 1—469256.31/cwt242.00–270.001,20215
HeifersMedium and Large 1—523246.07/cwt235.00–255.001,28714

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.