Sale reports / Arkansas / Hope Livestock Auction Inc. / 2024-02-15

Hope Livestock Auction Inc.

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Hope, Arkansas · Thu, Feb 15
● Final69 lots reportedUSDA AMS · slug 2058
Feeder Cattle receipts
644 head
97 vs last sale 741 145 vs year ago 499 · +29.1%
Slaughter Cattle receipts
82 head
18 vs last sale 64 31 vs year ago 113 · 27.4%
Replacement Cattle receipts
60 head
40 vs last sale 20 40 vs year ago 20 · +200.0%
View

Reporter comment USDA

As filed

Compared to last week: Feeder steers under 500 lbs. 5.00-15.00 higher; over 500 lbs. steady to 5.00 higher. Feeder heifers 3.00-10.00 higher. Slaughter cows 2.00-4.00 higher. Slaughter bulls 1.00-2.00 higher. Quality was average to attractive. Buyers were still aggressive on most classes. The replacement cow market was really strong. Sold two video loads 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 $297.19/cwt on 208 head.
Average price
$297.19
208 head · 503 lb average
Value per head Derived
$1,495
Price × average weight ÷ 100
Grade differential Derived
$467
per head · Medium and Large 1 over Medium and Large 2
$38.67/cwt at this weight
vs the market
+24.58
vs AR average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1518302.761,567178
Medium and Large 2417264.091,10030
One grade step is worth $38.67/cwt here — about $467 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 sale208 hd
297.19
AR average9 barns · 3,865 hd
272.61
+24.58
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
BullsLow1,527102.601,5678thin
CowsBoner 80-85%Low1,15994.871,09923
CowsLean 85-90%Average93378.1873018

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)920$2,1013thin
Bred Cows3rd Stage (7-9 mo)Young (2-4 yrs)1,026$2,0518
Bred Cows3rd Stage (7-9 mo)Middle Aged (5-8 yrs)1,355$1,9318
Bred Cows2nd Stage (4-6 mo)Middle Aged (5-8 yrs)1,198$1,7745
Bred Cows3rd Stage (7-9 mo)Aged (>8 yrs)1,353$1,7239
Bred Cows2nd Stage (4-6 mo)Aged (>8 yrs)1,278$1,6245
Bred Heifers3rd Stage (7-9 mo)Young (2-4 yrs)908$2,0653thin
Cow-Calf PairsOpenYoung (2-4 yrs)1,307$2,4735
Cow-Calf PairsOpenMiddle Aged (5-8 yrs)1,263$2,0154thin
Cow-Calf PairsOpenAged (>8 yrs)1,082$1,8624thin

Every lot, as filed

69 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 1424285.18/cwt270.00–315.001,20918
HeifersMedium and Large 2478234.70/cwt230.00–240.001,12212
SteersMedium and Large 1415316.77/cwt297.50–350.001,31519
SteersMedium and Large 1369339.46/cwt315.00–370.001,25316
SteersMedium and Large 1523296.31/cwt275.00–312.501,55013
HeifersMedium and Large 2380250.03/cwt245.00–255.009505
HeifersMedium and Large 1682240.85/cwt235.00–253.001,6433
HeifersMedium and Large 2523223.84/cwt220.00–227.001,1717
SteersMedium and Large 1324333.39/cwt325.00–355.001,08014
SteersMedium and Large 1628274.23/cwt260.00–285.001,72210
SteersMedium and Large 1567281.51/cwt270.00–295.001,59610
HeifersMedium and Large 1Value Added514273.96/cwt272.50–275.001,4085
HeifersMedium and Large 1Value Added555270.00/cwt265.00–275.001,4994
HeifersMedium and Large 1Value Added360320.00/cwt320.00–320.001,1523
SteersMedium and Large 1Value Added515315.38/cwt305.00–330.001,62422
SteersMedium and Large 1Value Added617291.94/cwt280.00–297.501,80115
SteersMedium and Large 1Value Added669278.50/cwt275.00–285.001,8637
SteersMedium and Large 2464264.39/cwt260.00–270.001,2277
SteersMedium and Large 2520245.00/cwt245.00–245.001,2744
SteersMedium and Large 2433262.55/cwt260.00–268.001,1376
SteersMedium and Large 2333273.31/cwt260.00–280.009108
SteersMedium and Large 1Value Added423351.30/cwt335.00–365.001,4866
SteersMedium and Large 1671257.29/cwt242.50–285.001,72611
SteersMedium and Large 1778233.75/cwt230.00–235.001,8194
SteersMedium and Large 1472312.98/cwt280.00–330.001,47715
SteersMedium and Large 1721238.82/cwt232.00–249.001,7228
SteersMedium and Large 1Value Added558296.49/cwt285.00–302.501,6543
SteersMedium and Large 1Value Added475315.00/cwt315.00–315.001,4962
HeifersMedium and Large 1325305.68/cwt285.00–350.0099315
HeifersMedium and Large 1710214.00/cwt214.00–214.001,5191
BullsMedium and Large 1668242.17/cwt230.00–255.001,6182
BullsMedium and Large 1465282.04/cwt280.00–285.001,3116
BullsMedium and Large 1537273.91/cwt270.00–280.001,4715
BullsMedium and Large 1561262.91/cwt255.00–265.001,4755
CowsBoner 80-85%1,05985.64/cwt83.00–88.009078
CowsBoner 80-85%1,21299.79/cwt97.00–107.001,20915
CowsLean 85-90%99086.00/cwt83.00–90.0085112
CowsLean 85-90%82062.53/cwt55.00–70.005136
Bulls1,37596.06/cwt95.00–100.001,3215
Bulls1,780113.49/cwt110.00–115.002,0203
Cow-Calf PairsMedium and Large 1-21,3002,003.04/head1,925.00–2,050.002,0033
Cow-Calf PairsMedium and Large 1-21,1851,950.00/head1,950.00–1,950.001,9501
Bred HeifersMedium and Large 1-29082,064.95/head2,000.00–2,200.002,0653
Bred CowsMedium and Large 1-21,1981,774.08/head1,400.00–2,150.001,7745
Bred CowsMedium and Large 1-21,3551,931.11/head1,675.00–2,125.001,9318
Cow-Calf PairsMedium and Large 1-21,1502,050.00/head2,050.00–2,050.002,0501
Bred CowsMedium and Large 1-21,2781,623.94/head1,500.00–1,750.001,6245
Bred CowsMedium and Large 1-21,3531,723.32/head1,600.00–1,825.001,7239
Bred CowsMedium and Large 1-21,0262,051.45/head1,925.00–2,150.002,0518
Bred CowsMedium and Large 1-29202,101.00/head1,825.00–2,250.002,1013
Cow-Calf PairsMedium and Large 1-21,0471,833.20/head1,750.00–1,875.001,8333
Cow-Calf PairsMedium and Large 1-21,2502,400.00/head2,400.00–2,400.002,4001
Cow-Calf PairsMedium and Large 1-21,3212,491.11/head2,400.00–2,600.002,4914
HeifersMedium and Large 2338252.72/cwt250.00–254.008543
HeifersMedium and Large 1Value Added470280.00/cwt280.00–280.001,3163
HeifersMedium and Large 1376291.45/cwt280.00–315.001,09613
BullsMedium and Large 1740228.00/cwt228.00–228.001,6871
BullsMedium and Large 1628245.63/cwt244.00–250.001,5436
HeifersMedium and Large 1570252.55/cwt245.00–263.001,4405
HeifersMedium and Large 1Value Added615265.00/cwt265.00–265.001,6302
HeifersMedium and Large 1Value Added404303.59/cwt295.00–315.001,2277
HeifersMedium and Large 1Replacement775227.75/cwt223.00–231.001,76512
HeifersMedium and Large 1475273.40/cwt265.00–285.001,29916
HeifersMedium and Large 1509266.14/cwt252.50–285.001,35510
HeifersMedium and Large 1621236.94/cwt225.00–255.001,4718
SteersMedium and Large 2381266.06/cwt260.00–270.001,0145
SteersMedium and Large 1Fancy380387.60/cwt385.00–390.001,4732
SteersMedium and Large 1Fancy530325.00/cwt325.00–325.001,7231
HeifersMedium and Large 2429241.41/cwt238.00–245.001,03610

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.