Sale reports / Arkansas / Hope Livestock Auction Inc. / 2024-02-08

Hope Livestock Auction Inc.

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Hope, Arkansas · Thu, Feb 8
● Final68 lots reportedUSDA AMS · slug 2058
Feeder Cattle receipts
741 head
▼ 66 vs last sale 807▲ 338 vs year ago 403 · +83.9%
Slaughter Cattle receipts
64 head
▼ 110 vs last sale 174▼ 75 vs year ago 139 · −54.0%
Replacement Cattle receipts
20 head
▼ 5 vs last sale 25▼ 7 vs year ago 27 · −25.9%
View

Reporter comment USDA

As filed

Compared to last week: Feeder steers under 400 lbs. 3.00-8.00 lower; over 400 lbs. 2.00-12.00 higher. Feeder heifers 5.00-15.00 higher. Slaughter cows 1.00-3.00 lower. Slaughter bulls steady. Quality was average. Buyers were still aggressive on most classes of calves; especially the lighter weights. Sold two video loads to view results click this link (https://www.ams.usda.gov/mnreports/ams_3628.pdf). Next week will be the 3rd Thursday stock cow special.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $305.97/cwt on 201 head.
Average price
$305.97
201 head · 446 lb average
Value per head Derived
$1,366
Price × average weight ÷ 100
Grade differential Derived
$409
per head · Medium and Large 1 over Medium and Large 2
$52.15/cwt at this weight
vs the market
+10.79
vs AR average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1460313.221,441166
Medium and Large 1-2363287.341,04314thin
Medium and Large 2395261.081,03121
One grade step is worth $52.15/cwt here — about $409 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 sale201 hd
305.97
—
AR average9 barns · 1,546 hd
295.18
+10.79
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—High1,844113.932,1017thin
CowsBoner 80-85%Low1,16695.251,11018
CowsBreaker 75-80%Average1,29595.001,2301thin
CowsLean 85-90%Low97376.267425thin

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)Middle Aged (5-8 yrs)1,225$1,4251thin
Cow-Calf PairsOpenMiddle Aged (5-8 yrs)1,323$2,0255

Every lot, as filed

68 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
HeifersMedium and Large 1Value Added—365310.00/cwt310.00–310.001,1322
SteersMedium and Large 1—313322.71/cwt310.00–365.001,01013
SteersMedium and Large 1—609273.79/cwt262.50–280.001,6674
SteersMedium and Large 1—773231.00/cwt228.00–235.001,7863
SteersMedium and Large 1—527289.05/cwt275.00–300.001,5239
SteersMedium and Large 1Fancy—485330.00/cwt330.00–330.001,6011
SteersMedium and Large 1Fancy—345375.00/cwt375.00–375.001,2941
SteersMedium and Large 1—573283.30/cwt275.00–290.001,6237
SteersMedium and Large 1—418315.97/cwt285.00–350.001,32120
SteersMedium and Large 1—706236.33/cwt232.00–241.001,6686
SteersMedium and Large 1—850220.00/cwt220.00–220.001,8701
SteersMedium and Large 2—365270.00/cwt270.00–270.009861
SteersMedium and Large 1—474302.32/cwt275.00–322.501,43325
SteersMedium and Large 2—561236.25/cwt225.00–250.001,3255
SteersMedium and Large 1—652241.65/cwt235.00–245.001,5763
SteersMedium and Large 2—313272.28/cwt260.00–280.0085212
SteersMedium and Large 1-2—328292.10/cwt285.00–300.009584
SteersMedium and Large 1-2—377285.44/cwt280.00–290.001,07610
SteersMedium and Large 1—375322.27/cwt290.00–350.001,20925
SteersMedium and Large 1Value Added—513309.48/cwt307.50–315.001,5884
SteersMedium and Large 1Value Added—476328.43/cwt315.00–350.001,5638
SteersMedium and Large 1Value Added—323373.30/cwt370.00–380.001,2063
SteersMedium and Large 1Value Added—424349.78/cwt317.50–375.001,48313
SteersMedium and Large 1Value Added—375369.36/cwt345.00–390.001,38512
SteersMedium and Large 1Value Added—607287.51/cwt285.00–292.501,7453
SteersMedium and Large 2—485252.00/cwt252.00–252.001,2222
SteersMedium and Large 2—400260.00/cwt260.00–260.001,0401
SteersMedium and Large 1Value Added—571297.00/cwt295.00–299.001,6964
HeifersMedium and Large 1-2—389267.13/cwt260.00–272.001,0395
HeifersMedium and Large 2—333239.80/cwt232.00–245.0079915
BullsMedium and Large 1—483277.96/cwt275.00–280.001,3436
BullsMedium and Large 1—585250.93/cwt247.00–255.001,4682
BullsMedium and Large 1—529260.58/cwt255.00–280.001,3787
BullsMedium and Large 1—660230.00/cwt230.00–230.001,5181
CowsLean 85-90%—88065.48/cwt62.00–69.005762
CowsLean 85-90%—1,07091.00/cwt91.00–91.009741
CowsBoner 80-85%—1,03584.67/cwt80.00–87.008763
CowsBoner 80-85%—1,19297.36/cwt95.00–101.001,16115
CowsLean 85-90%—1,01879.67/cwt75.00–84.008112
CowsBreaker 75-80%—1,29595.00/cwt95.00–95.001,2301
Bulls——2,095126.00/cwt126.00–126.002,6401
Bulls——1,802111.92/cwt109.00–118.002,0176
Cow-Calf PairsMedium and Large 1-2—1,2802,035.16/head1,775.00–2,225.002,0352
Bred CowsMedium and Large 1-2—1,2251,425.00/head1,425.00–1,425.001,4251
Bred CowsMedium and Large 1-2—1,305128.37/cwt125.00–132.001,6752
Cow-Calf PairsMedium and Large 1-2—1,3552,175.00/head2,175.00–2,175.002,1751
Cow-Calf PairsMedium and Large 1-2—1,3501,939.58/head1,900.00–1,975.001,9402
HeifersMedium and Large 2—470227.49/cwt220.00–231.001,0695
HeifersMedium and Large 2—355247.50/cwt240.00–250.008794
HeifersMedium and Large 2—520226.65/cwt225.00–230.001,1793
HeifersMedium and Large 1Fancy—325340.00/cwt340.00–340.001,1051
HeifersMedium and Large 1-2—317271.38/cwt260.00–278.008609
HeifersMedium and Large 1—675227.00/cwt221.00–230.001,5323
HeifersMedium and Large 2—555220.00/cwt220.00–220.001,2211
HeifersMedium and Large 1—608227.83/cwt225.00–231.001,3855
HeifersMedium and Large 1—566253.02/cwt247.00–259.001,4327
HeifersMedium and Large 1—700222.00/cwt222.00–222.001,5541
HeifersMedium and Large 1—474262.79/cwt250.00–277.501,24613
HeifersMedium and Large 1—423273.15/cwt255.00–295.001,15521
HeifersMedium and Large 1—318291.38/cwt285.00–305.0092714
HeifersMedium and Large 1—373285.24/cwt275.00–305.001,06416
HeifersMedium and Large 2—410240.00/cwt240.00–240.009843
HeifersMedium and Large 1—509262.27/cwt251.00–275.001,3357
SteersMedium and Large 1Fancy—370410.00/cwt410.00–410.001,5171
HeifersMedium and Large 1Value Added—470277.50/cwt272.50–280.001,3043
HeifersMedium and Large 1Value Added—325351.56/cwt350.00–355.001,1433
HeifersMedium and Large 1Value Added—563260.93/cwt257.50–267.501,4693
HeifersMedium and Large 1Value Added—536267.52/cwt260.00–282.501,4347

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.