Sale reports / Arkansas / Hope Livestock Auction Inc. / 2024-02-22

Hope Livestock Auction Inc.

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Hope, Arkansas · Thu, Feb 22
● Final59 lots reportedUSDA AMS · slug 2058
Feeder Cattle receipts
665 head
21 vs last sale 644 2 vs year ago 667 · 0.3%
Slaughter Cattle receipts
126 head
44 vs last sale 82 10 vs year ago 136 · 7.4%
Replacement Cattle receipts
20 head
40 vs last sale 60 5 vs year ago 15 · +33.3%
View

Reporter comment USDA

As filed

Compared to last week: Feeder steers under 550 lbs. 3.00-9.00 lower; over 550 steady to 5.00 lower. Feeder heifers under 400 lbs. 3.00-5.00 lower.; over 400 lbs. 5.00-10.00 higher. Slaughter cows steady to 2.00 higher. Slaughter bulls steady. Quality was average to plain. Market was still very strong. Still seeing extremely high prices for calves in right condition to graze.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $299.43/cwt on 190 head.
Average price
$299.43
190 head · 480 lb average
Value per head Derived
$1,437
Price × average weight ÷ 100
Grade differential Derived
$372
per head · Medium and Large 1 over Medium and Large 2
$45.66/cwt at this weight
vs the market
+3.52
vs AR average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1491308.331,513153
Medium and Large 2434262.661,14137
One grade step is worth $45.66/cwt here — about $372 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 sale190 hd
299.43
AR average7 barns · 1,761 hd
295.91
+3.52
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
BullsAverage1,675112.771,8894thin
CowsBoner 80-85%High1,12899.481,12243
CowsLean 85-90%Average90778.5171212

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)Aged (>8 yrs)1,040$1,4751thin
Cow-Calf PairsOpenMiddle Aged (5-8 yrs)1,153$2,1252thin
Cow-Calf PairsOpenAged (>8 yrs)1,405$1,9001thin

Every lot, as filed

59 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 1438306.11/cwt285.00–360.001,34114
HeifersMedium and Large 1Value Added422289.26/cwt277.50–305.001,22117
SteersMedium and Large 1563281.90/cwt275.00–300.001,58712
SteersMedium and Large 1675251.78/cwt240.00–275.001,70010
SteersMedium and Large 1524286.79/cwt280.00–310.001,50310
SteersMedium and Large 2386276.78/cwt270.00–285.001,06811
SteersMedium and Large 1622275.66/cwt267.50–282.501,7153
SteersMedium and Large 1370331.72/cwt310.00–370.001,22717
SteersMedium and Large 1715234.31/cwt232.00–238.001,6753
SteersMedium and Large 2478259.32/cwt255.00–265.001,2407
SteersMedium and Large 1855226.24/cwt225.00–227.501,9342
SteersMedium and Large 1800228.00/cwt228.00–228.001,8241
SteersMedium and Large 1Value Added479324.03/cwt317.50–345.001,5528
SteersMedium and Large 1471305.24/cwt280.00–335.001,43819
SteersMedium and Large 1Value Added650275.00/cwt275.00–275.001,7883
SteersMedium and Large 1Value Added600282.50/cwt282.50–282.501,6953
SteersMedium and Large 1Value Added305385.00/cwt385.00–385.001,1741
SteersMedium and Large 1326336.72/cwt320.00–360.001,09811
SteersMedium and Large 1Value Added379372.88/cwt370.00–375.001,4137
SteersMedium and Large 1770233.80/cwt230.00–237.501,8002
SteersMedium and Large 1Value Added530327.50/cwt327.50–327.501,7366
SteersMedium and Large 1Value Added577301.08/cwt295.00–305.001,7375
SteersMedium and Large 1Value Added424336.15/cwt335.00–340.001,4259
HeifersMedium and Large 1621238.80/cwt230.00–247.501,4837
HeifersMedium and Large 1Fancy505290.00/cwt290.00–290.001,4651
BullsMedium and Large 1472277.09/cwt270.00–285.001,30811
BullsMedium and Large 1695221.00/cwt221.00–221.001,5361
BullsMedium and Large 1733220.00/cwt220.00–220.001,6132
BullsMedium and Large 1615240.00/cwt240.00–240.001,4761
CowsBoner 80-85%1,239111.82/cwt109.00–115.001,3854
CowsLean 85-90%94788.98/cwt86.00–90.008438
CowsLean 85-90%82857.56/cwt55.00–60.004774
CowsBoner 80-85%1,07585.76/cwt84.00–88.009226
CowsBoner 80-85%1,124100.48/cwt95.00–108.001,12933
Bulls1,675112.77/cwt110.00–114.001,8894
Stock CowsMedium and Large 1-2895123.98/cwt120.00–125.001,1105
Bred CowsMedium and Large 1-21,0401,475.00/head1,475.00–1,475.001,4751
Bred CowsMedium and Large 1-21,335140.00/cwt140.00–140.001,8691
Cow-Calf PairsMedium and Large 1-21,1101,975.00/head1,975.00–1,975.001,9751
Cow-Calf PairsMedium and Large 1-21,1952,275.00/head2,275.00–2,275.002,2751
Cow-Calf PairsMedium and Large 1-21,4051,900.00/head1,900.00–1,900.001,9001
HeifersMedium and Large 1425290.02/cwt265.00–305.001,23312
HeifersMedium and Large 1511271.39/cwt255.00–287.501,38710
HeifersMedium and Large 1567262.59/cwt250.00–282.501,48911
HeifersMedium and Large 2431234.15/cwt230.00–240.001,0097
HeifersMedium and Large 2373255.07/cwt250.00–260.009519
HeifersMedium and Large 2485239.92/cwt236.00–244.001,1646
SteersMedium and Large 1Fancy360377.47/cwt375.00–380.001,3592
HeifersMedium and Large 1468277.95/cwt265.00–285.001,30111
HeifersMedium and Large 2321253.91/cwt240.00–260.0081514
HeifersMedium and Large 1Value Added462291.60/cwt285.00–300.001,3478
HeifersMedium and Large 1Value Added561279.11/cwt275.00–280.001,56617
HeifersMedium and Large 1321302.57/cwt280.00–332.5097113
SteersMedium and Large 2521240.99/cwt235.00–247.001,2568
HeifersMedium and Large 1378286.34/cwt275.00–310.001,0828
SteersMedium and Large 2421259.47/cwt255.00–265.001,0928
SteersMedium and Large 2315285.00/cwt285.00–285.008983
SteersMedium and Large 1Fancy415366.67/cwt365.00–370.001,5223
SteersMedium and Large 1Fancy473344.29/cwt330.00–360.001,6282

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.