Name: Hope Livestock Auction Inc. livestock auction prices — 2024-02-29
Creator: RaisedBeef
Published: 2024-02-29

Reporter comment USDA

As filed

Compared to last week: Feeder steers 3.00-8.00 lower. Feeder heifers 2.00-10.00 lower. Slaughter cows steady to 2.00 higher. Slaughter bulls steady to 3.00 higher. Quality was average. Market was a little softer on most classes of calves. Sold three 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 $297.48/cwt on 215 head.

Average price

$297.48

215 head · 487 lb average

Value per head Derived

$1,448

Price × average weight ÷ 100

Grade differential Derived

$425

per head · Medium and Large 1 over Medium and Large 2

$33.36/cwt at this weight

vs the market

−0.86

vs AR average

What quality paid 0–100 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1	507	304.62	1,544	169
Medium and Large 2	413	271.26	1,119	46

One grade step is worth $33.36/cwt here — about $425 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 sale215 hd

297.48

—

AR average8 barns · 1,239 hd

298.35

−0.86

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.

Class	Grade	Dressing	Avg wt	$/cwt	$/head	Head
Bulls	—	High	1,546	115.80	1,790	12
Cows	Breaker 75-80%	Average	1,570	105.00	1,649	1thin
Cows	Boner 80-85%	Average	1,163	100.97	1,175	19
Cows	Lean 85-90%	Low	938	87.96	825	8thin

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.

Class	Stage	Age	Avg wt	$/head	Head
Bulls	N/A	Young (2-4 yrs)	1,422	$2,285	5

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.

Class	Grade / description	Weight	Avg wt	Price	Range	Per head	Head
Steers	Medium and Large 2	—	478	266.01/cwt	260.00–270.00	1,272	9
Steers	Medium and Large 1Value Added	—	663	286.26/cwt	285.00–287.50	1,898	4
Steers	Medium and Large 1Value Added	—	370	340.36/cwt	330.00–350.00	1,259	12
Steers	Medium and Large 1Value Added	—	345	345.00/cwt	345.00–345.00	1,190	2
Steers	Medium and Large 1	—	421	325.99/cwt	297.50–355.00	1,372	21
Steers	Medium and Large 1	—	658	254.97/cwt	245.00–265.00	1,678	3
Heifers	Medium and Large 1	—	575	252.44/cwt	245.00–262.50	1,452	11
Steers	Medium and Large 1	—	520	282.31/cwt	275.00–315.00	1,468	10
Steers	Medium and Large 2	—	381	276.43/cwt	255.00–290.00	1,053	10
Steers	Medium and Large 2	—	425	271.22/cwt	260.00–285.00	1,153	9
Heifers	Medium and Large 1	—	626	239.32/cwt	230.00–247.50	1,498	5
Steers	Medium and Large 1	—	715	244.12/cwt	237.00–247.50	1,745	6
Steers	Medium and Large 2	—	326	282.30/cwt	275.00–286.00	920	12
Steers	Medium and Large 1	—	325	334.26/cwt	310.00–365.00	1,086	6
Steers	Medium and Large 1	—	790	235.00/cwt	235.00–235.00	1,857	1
Steers	Medium and Large 2	—	522	248.46/cwt	235.00–260.00	1,297	6
Steers	Medium and Large 1Value Added	—	590	295.61/cwt	290.00–297.50	1,744	24
Steers	Medium and Large 1Value Added	—	527	300.55/cwt	295.00–315.00	1,584	14
Steers	Medium and Large 1Value Added	—	607	289.87/cwt	280.00–297.00	1,760	9
Steers	Medium and Large 1Value Added	—	489	310.82/cwt	310.00–317.50	1,520	9
Steers	Medium and Large 1Value Added	—	431	336.21/cwt	325.00–350.00	1,449	8
Steers	Medium and Large 1	—	619	267.01/cwt	260.00–280.00	1,653	5
Steers	Medium and Large 1	—	570	278.77/cwt	270.00–290.00	1,589	7
Heifers	Medium and Large 1Fancy	—	405	312.50/cwt	312.50–312.50	1,266	1
Bulls	Medium and Large 1	—	683	232.78/cwt	221.00–245.00	1,590	2
Bulls	Medium and Large 1	—	623	244.32/cwt	238.00–250.00	1,522	4
Bulls	Medium and Large 1	—	490	270.82/cwt	270.00–275.00	1,327	6
Bulls	Medium and Large 1	—	770	229.00/cwt	229.00–229.00	1,763	1
Bulls	Medium and Large 1	—	525	258.00/cwt	255.00–260.00	1,355	5
Cows	Boner 80-85%	—	1,150	100.80/cwt	95.00–110.00	1,159	15
Cows	Breaker 75-80%	—	1,570	105.00/cwt	105.00–105.00	1,649	1
Cows	Boner 80-85%	—	1,048	86.00/cwt	85.00–87.00	901	2
Cows	Boner 80-85%	—	1,380	117.24/cwt	115.00–119.00	1,618	2
Cows	Lean 85-90%	—	785	70.00/cwt	70.00–70.00	550	1
Cows	Lean 85-90%	—	960	90.53/cwt	85.00–95.00	869	7
Bulls	—	—	1,855	134.44/cwt	133.00–136.00	2,494	2
Bulls	—	—	1,564	117.27/cwt	110.00–125.00	1,834	7
Bulls	—	—	1,298	99.96/cwt	98.00–102.00	1,297	3
Bulls	Medium and Large 1-2	—	1,422	2,285.00/head	1,900.00–3,000.00	2,285	5
Heifers	Medium and Large 1	—	525	265.75/cwt	250.00–280.00	1,395	21
Heifers	Medium and Large 1	—	422	272.63/cwt	265.00–292.50	1,150	17
Heifers	Medium and Large 1	—	470	271.02/cwt	260.00–290.00	1,274	11
Heifers	Medium and Large 2	—	328	254.25/cwt	250.00–260.00	834	7
Bulls	Medium and Large 1	—	570	260.00/cwt	260.00–260.00	1,482	1
Heifers	Medium and Large 1	—	373	288.56/cwt	270.00–315.00	1,076	10
Heifers	Medium and Large 1	—	331	295.19/cwt	275.00–325.00	977	5
Heifers	Medium and Large 1	—	655	235.00/cwt	235.00–235.00	1,539	1
Heifers	Medium and Large 1Value Added	—	355	325.00/cwt	325.00–325.00	1,154	2
Heifers	Medium and Large 1Value Added	—	610	253.74/cwt	252.50–255.00	1,548	2
Heifers	Medium and Large 1Value Added	—	403	297.48/cwt	295.00–300.00	1,199	4
Heifers	Medium and Large 2	—	429	237.77/cwt	235.00–242.00	1,020	4
Steers	Medium and Large 1Fancy	—	360	380.00/cwt	380.00–380.00	1,368	1
Steers	Medium and Large 1Fancy	—	505	320.00/cwt	320.00–320.00	1,616	1
Heifers	Medium and Large 1Value Added	—	541	276.26/cwt	275.00–280.00	1,495	4
Heifers	Medium and Large 1Value Added	—	561	270.84/cwt	265.00–277.50	1,519	16
Heifers	Medium and Large 1Value Added	—	467	288.32/cwt	285.00–295.00	1,346	6
Heifers	Medium and Large 2	—	381	256.01/cwt	255.00–257.00	975	4
Steers	Medium and Large 1	—	387	333.62/cwt	320.00–360.00	1,291	3
Steers	Medium and Large 1	—	473	305.94/cwt	280.00–320.00	1,447	23

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.

Arkansas feeder prices, every weight →Every state and region →

Hope Livestock Auction - Hope, AR

Thu Feb 29, 2024

USDA Livestock, Poultry & Grain Market News · Federal-State Market News Service, Little Rock, AR (LS-LR)

Feeder CattleReceipts 600Last week 665Year ago 614

Slaughter CattleReceipts 60Last week 126Year ago 128

Replacement CattleReceipts 5Last week 20Year ago 15

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 2$ per cwt · actual wt
9	—	478	260.00–270.00	266.01
10	—	381	255.00–290.00	276.43
9	—	425	260.00–285.00	271.22
12	—	326	275.00–286.00	282.30
6	—	522	235.00–260.00	248.46
Steers — Medium and Large 1 · Value Added$ per cwt · actual wt
4	—	663	285.00–287.50	286.26
12	—	370	330.00–350.00	340.36
2	—	345	345.00	345.00
24	—	590	290.00–297.50	295.61
14	—	527	295.00–315.00	300.55
9	—	607	280.00–297.00	289.87
9	—	489	310.00–317.50	310.82
8	—	431	325.00–350.00	336.21
Steers — Medium and Large 1$ per cwt · actual wt
21	—	421	297.50–355.00	325.99
3	—	658	245.00–265.00	254.97
10	—	520	275.00–315.00	282.31
6	—	715	237.00–247.50	244.12
6	—	325	310.00–365.00	334.26
1	—	790	235.00	235.00
5	—	619	260.00–280.00	267.01
7	—	570	270.00–290.00	278.77
3	—	387	320.00–360.00	333.62
23	—	473	280.00–320.00	305.94
Steers — Medium and Large 1 · Fancy$ per cwt · actual wt
1	—	360	380.00	380.00
1	—	505	320.00	320.00
Heifers — Medium and Large 1$ per cwt · actual wt
11	—	575	245.00–262.50	252.44
5	—	626	230.00–247.50	239.32
21	—	525	250.00–280.00	265.75
17	—	422	265.00–292.50	272.63
11	—	470	260.00–290.00	271.02
10	—	373	270.00–315.00	288.56
5	—	331	275.00–325.00	295.19
1	—	655	235.00	235.00
Heifers — Medium and Large 1 · Fancy$ per cwt · actual wt
1	—	405	312.50	312.50
Heifers — Medium and Large 2$ per cwt · actual wt
7	—	328	250.00–260.00	254.25
4	—	429	235.00–242.00	237.77
4	—	381	255.00–257.00	256.01
Heifers — Medium and Large 1 · Value Added$ per cwt · actual wt
2	—	355	325.00	325.00
2	—	610	252.50–255.00	253.74
4	—	403	295.00–300.00	297.48
4	—	541	275.00–280.00	276.26
16	—	561	265.00–277.50	270.84
6	—	467	285.00–295.00	288.32
Bulls — Medium and Large 1$ per cwt · actual wt
2	—	683	221.00–245.00	232.78
4	—	623	238.00–250.00	244.32
6	—	490	270.00–275.00	270.82
1	—	770	229.00	229.00
5	—	525	255.00–260.00	258.00
1	—	570	260.00	260.00

Slaughter Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Cows — Boner 80-85%$ per cwt · actual wt
15	—	1,150	95.00–110.00	100.80
2	—	1,048	85.00–87.00	86.00
2	—	1,380	115.00–119.00	117.24
Cows — Breaker 75-80%$ per cwt · actual wt
1	—	1,570	105.00	105.00
Cows — Lean 85-90%$ per cwt · actual wt
1	—	785	70.00	70.00
7	—	960	85.00–95.00	90.53
Bulls$ per cwt · actual wt
2	—	1,855	133.00–136.00	134.44
7	—	1,564	110.00–125.00	117.27
3	—	1,298	98.00–102.00	99.96

Replacement Cattle

As reported

Age	Stage	Head	Wt range	Avg wt	Price range	Avg price
Bulls — Medium and Large 1-2$ per head · actual wt
Young (2-4 yrs)	N/A	5	—	1,422	1,900.00–3,000.00	2,285.00

Head, weight ranges, average weights and price ranges are exactly as USDA AMS filed them — nothing recomputed, nothing rounded — in USDA's own reporting structure. This is RaisedBeef's rendering of that data, not a copy of USDA's document.

Feeder Cattle — prices, barns, and planning

Fed Cattle — the cash market and what quality pays

Beef & Retail — from the box to the grocery shelf

Feed & Hay — the cost side, cash not futures

Cows & Bred Stock — the rebuild market

More

Hope Livestock Auction Inc.

Reporter comment USDA

Steers · summary 0–100 lb

What quality paid 0–100 lb

How it compared 0–100 lb

Slaughter cattle

Replacement cattle Per head

Every lot, as filed

How this sale compares

Hope Livestock Auction - Hope, AR

Feeder Cattle

Slaughter Cattle

Replacement Cattle