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
BullsAverage1,667110.021,8349thin
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 1638254.12/cwt245.00–282.501,6217
SteersMedium and Large 1770232.53/cwt230.00–237.001,7904
SteersMedium and Large 1Value Added673269.57/cwt267.50–272.501,8145
SteersMedium and Large 1Value Added705250.00/cwt250.00–250.001,7632
SteersMedium and Large 2370272.66/cwt265.00–278.001,0095
SteersMedium and Large 1Fancy405375.00/cwt375.00–375.001,5191
SteersMedium and Large 1Fancy380370.00/cwt360.00–380.001,4064
SteersMedium and Large 1420304.57/cwt275.00–345.001,27924
SteersMedium and Large 1468299.33/cwt280.00–325.001,40122
HeifersMedium and Large 1Value Added485251.00/cwt251.00–251.001,2172
SteersMedium and Large 2466246.91/cwt240.00–255.001,1518
HeifersMedium and Large 1674221.18/cwt216.00–225.001,4915
HeifersMedium and Large 1Value Added517262.91/cwt259.00–265.001,3593
HeifersMedium and Large 1Value Added615236.00/cwt236.00–236.001,4512
SteersMedium and Large 1532278.01/cwt265.00–305.001,4799
SteersMedium and Large 1565269.14/cwt262.50–280.001,52112
HeifersMedium and Large 1Value Added575253.22/cwt245.00–261.001,4565
SteersMedium and Large 2336271.15/cwt250.00–277.009115
SteersMedium and Large 1Fancy323367.56/cwt365.00–370.001,1872
SteersMedium and Large 1373332.83/cwt300.00–355.001,24112
SteersMedium and Large 2523239.19/cwt235.00–245.001,2516
SteersMedium and Large 1329334.58/cwt305.00–350.001,10111
SteersMedium and Large 1727234.80/cwt225.00–240.001,7076
SteersMedium and Large 1Value Added392348.19/cwt340.00–365.001,3653
SteersMedium and Large 1Value Added420367.50/cwt367.50–367.501,5442
SteersMedium and Large 1674241.79/cwt230.00–255.001,6307
SteersMedium and Large 1Value Added609279.97/cwt261.00–283.001,70518
SteersMedium and Large 1Value Added508293.31/cwt285.00–300.001,4905
SteersMedium and Large 1Value Added483320.83/cwt320.00–322.501,5503
SteersMedium and Large 1Value Added569284.41/cwt275.00–310.001,6189
SteersMedium and Large 2429252.46/cwt245.00–260.001,0838
HeifersMedium and Large 1Fancy385317.50/cwt317.50–317.501,2221
BullsMedium and Large 1464269.73/cwt255.00–280.001,2528
BullsMedium and Large 1770219.97/cwt218.00–222.001,6943
BullsMedium and Large 1727223.31/cwt220.00–225.001,6233
BullsMedium and Large 1518245.31/cwt240.00–255.001,2719
BullsMedium and Large 1575245.00/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
Bulls1,667110.02/cwt105.00–115.001,8349
Stock CowsMedium and Large 1-2893120.43/cwt117.00–130.001,0756
Bred CowsMedium and Large 1-21,0401,825.00/head1,825.00–1,825.001,8251
Bred CowsMedium and Large 1-21,0951,500.00/head1,500.00–1,500.001,5001
Bred CowsMedium and Large 1-21,180109.07/cwt103.00–114.001,2873
Bred CowsMedium and Large 1-21,0551,450.00/head1,450.00–1,450.001,4501
Bred CowsMedium and Large 1-21,1981,618.57/head1,550.00–1,725.001,6193
Bred CowsMedium and Large 1-29751,300.00/head1,300.00–1,300.001,3001
Cow-Calf PairsMedium and Large 1-21,5402,235.00/head2,235.00–2,235.002,2351
HeifersMedium and Large 1718211.89/cwt200.00–222.001,5213
BullsMedium and Large 1683221.02/cwt220.00–222.001,5102
HeifersMedium and Large 2323244.77/cwt240.00–250.007916
HeifersMedium and Large 1Fancy465280.00/cwt280.00–280.001,3021
HeifersMedium and Large 1Fancy405315.00/cwt315.00–315.001,2761
HeifersMedium and Large 1Fancy340320.00/cwt320.00–320.001,0882
HeifersMedium and Large 2418228.11/cwt220.00–237.009538
HeifersMedium and Large 2369238.44/cwt230.00–247.008807
HeifersMedium and Large 1364277.01/cwt255.00–317.501,00814
HeifersMedium and Large 1326281.97/cwt270.00–300.009198
HeifersMedium and Large 1420258.20/cwt249.00–273.001,08419
HeifersMedium and Large 1800199.00/cwt199.00–199.001,5921
HeifersMedium and Large 2523219.06/cwt215.00–222.001,1465
HeifersMedium and Large 1Value Added410272.50/cwt272.50–272.501,1172
HeifersMedium and Large 2473222.00/cwt215.00–232.001,05014
HeifersMedium and Large 1611236.58/cwt224.00–245.001,4467
HeifersMedium and Large 1572242.27/cwt230.00–253.001,38612
HeifersMedium and Large 1469256.31/cwt242.00–270.001,20215
HeifersMedium and Large 1523246.07/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.