Name: Hope Livestock Auction Inc. livestock auction prices — 2024-03-14
Creator: RaisedBeef
Published: 2024-03-14

Reporter comment USDA

As filed

No trend due to lack of report last week. All classes of cattle are really strong. Quality was average. Buyers were very aggressive. This market is seeing some prices that we haven't seen before. Next week will be the third Thursday stock cow special. Expecting some quality replacement cattle and a offering of young bulls. Sold two video loads to view results click this link https://www.ams.usda.gov/mnreports/ams_3628.pdf .

Weight class

Heifers · summary 500–600 lb

Weighted average of every reported lot

500–600 lb heifers averaged $267.82/cwt on 32 head. That ranks 1 of 29 comparable sales and sits −130.61 against this barn's trailing median of $398.43.

Average price

$267.82

32 head · 542 lb average

Value per head Derived

$1,452

Price × average weight ÷ 100

Grade differential Derived

—

single grade reported

vs the market

−0.86

vs AR average

−8.35 vs national

What quality paid 500–600 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1	542	267.82	1,452	32

Only one grade was reported at this weight, so there is no spread to compute.

This barn's trailing prices 500–600 lb

29 sales

Heifers 500–600 lb: high $432.07, low $337.27, median $398.43 across 29 sales. Sales under 10 head in this class are excluded, so a thin day cannot swing the median or the ranking.

How it compared 500–600 lb

Same class and week · spot auction only

This sale32 hd

267.82

—

AR average10 barns · 799 hd

268.67

−0.86

National average176 barns · 16,729 hd

276.17

−8.35

This barn, trailing median29 sales

398.43

−130.61

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	1,647	128.34	2,114	15
Cows	Boner 80-85%	High	1,186	119.88	1,422	23
Cows	Breaker 75-80%	Average	1,440	113.00	1,627	1thin
Cows	Lean 85-90%	Average	978	102.46	1,002	10

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
Bred Cows	2nd Stage (4-6 mo)	Middle Aged (5-8 yrs)	1,223	$1,714	3thin
Bred Cows	3rd Stage (7-9 mo)	Middle Aged (5-8 yrs)	1,278	$1,703	2thin
Cow-Calf Pairs	Open	Aged (>8 yrs)	1,375	$2,000	1thin

Every lot, as filed

54 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
Heifers	Medium and Large 1Value Added	300–350	320	327.50/cwt	327.50–327.50	1,048	2
Heifers	Medium and Large 1Value Added	500–550	526	280.86/cwt	270.00–287.50	1,477	6
Heifers	Medium and Large 1Value Added	600–650	625	262.50/cwt	262.50–262.50	1,641	2
Heifers	Medium and Large 1Value Added	450–500	488	292.45/cwt	282.50–297.50	1,427	8
Steers	Medium and Large 1	400–450	414	325.99/cwt	297.50–370.00	1,350	16
Steers	Medium and Large 1	450–500	467	307.82/cwt	285.00–332.50	1,438	11
Steers	Medium and Large 1	700–750	740	242.45/cwt	235.00–250.00	1,794	2
Steers	Medium and Large 1	550–600	574	293.25/cwt	280.00–307.50	1,683	8
Steers	Medium and Large 2	450–500	466	256.28/cwt	243.00–265.00	1,194	6
Steers	Medium and Large 2	400–450	428	269.88/cwt	265.00–280.00	1,155	6
Steers	Medium and Large 1	500–550	519	295.60/cwt	285.00–307.50	1,534	10
Steers	Medium and Large 2	350–400	385	283.90/cwt	275.00–290.00	1,093	3
Steers	Medium and Large 1	350–400	374	346.06/cwt	300.00–385.00	1,294	16
Steers	Medium and Large 1	300–350	315	359.26/cwt	320.00–385.00	1,132	6
Steers	Medium and Large 1	650–700	670	270.00/cwt	270.00–270.00	1,809	2
Steers	Medium and Large 1	600–650	613	276.66/cwt	270.00–280.00	1,696	3
Steers	Medium and Large 1Value Added	550–600	578	317.48/cwt	311.00–322.50	1,835	8
Steers	Medium and Large 1Value Added	400–450	416	354.27/cwt	350.00–357.50	1,474	7
Steers	Medium and Large 1Value Added	500–550	532	319.15/cwt	317.50–322.50	1,698	3
Bulls	—	—	1,670	141.00/cwt	141.00–141.00	2,355	1
Steers	Medium and Large 1Value Added	450–500	450	337.50/cwt	337.50–337.50	1,519	2
Steers	Medium and Large 1Value Added	600–650	619	298.80/cwt	287.50–305.00	1,850	7
Heifers	Medium and Large 1	500–550	521	265.75/cwt	255.00–277.50	1,385	11
Heifers	Medium and Large 1	300–350	306	311.59/cwt	297.50–340.00	953	12
Heifers	Medium and Large 1	350–400	380	295.07/cwt	280.00–310.00	1,121	13
Heifers	Medium and Large 1	550–600	562	259.80/cwt	240.00–272.50	1,460	12
Bulls	Medium and Large 1	500–550	524	268.93/cwt	260.00–275.00	1,409	5
Bulls	Medium and Large 1	600–650	630	262.48/cwt	260.00–265.00	1,654	2
Cows	Boner 80-85%	—	1,125	140.00/cwt	140.00–140.00	1,575	1
Cows	Boner 80-85%	—	1,221	122.50/cwt	115.00–128.00	1,496	18
Cows	Lean 85-90%	—	1,003	108.81/cwt	102.00–115.00	1,091	7
Cows	Lean 85-90%	—	850	73.97/cwt	73.00–75.00	629	2
Cows	Lean 85-90%	—	1,055	115.00/cwt	115.00–115.00	1,213	1
Cows	Breaker 75-80%	—	1,440	113.00/cwt	113.00–113.00	1,627	1
Cows	Boner 80-85%	—	1,044	103.07/cwt	100.00–107.00	1,076	4
Bulls	—	—	1,715	131.00/cwt	124.00–137.00	2,247	11
Bulls	—	—	1,390	114.37/cwt	112.00–116.00	1,590	3
Bred Cows	Medium and Large 1-2	—	1,278	1,702.54/head	1,600.00–1,800.00	1,703	2
Bred Cows	Medium and Large 1-2	—	1,223	1,714.20/head	1,600.00–1,800.00	1,714	3
Cow-Calf Pairs	Medium and Large 1-2	—	1,375	2,000.00/head	2,000.00–2,000.00	2,000	1
Heifers	Medium and Large 2	450–500	468	234.60/cwt	230.00–239.00	1,098	3
Heifers	Medium and Large 1	600–650	616	253.53/cwt	240.00–272.50	1,562	7
Heifers	Medium and Large 1	650–700	670	250.00/cwt	250.00–250.00	1,675	1
Heifers	Medium and Large 2	350–400	371	240.66/cwt	235.00–250.00	893	5
Heifers	Medium and Large 1	450–500	475	284.16/cwt	265.00–297.50	1,350	14
Heifers	Medium and Large 1	400–450	423	290.19/cwt	275.00–305.00	1,228	11
Heifers	Medium and Large 1Value Added	650–700	680	257.50/cwt	257.50–257.50	1,751	2
Heifers	Medium and Large 1Value Added	550–600	572	281.36/cwt	277.50–289.00	1,609	3
Heifers	Medium and Large 1Value Added	400–450	420	296.12/cwt	290.00–300.00	1,244	5
Heifers	Medium and Large 2	300–350	308	243.24/cwt	235.00–260.00	749	3
Heifers	Medium and Large 1	700–750	715	222.50/cwt	222.50–222.50	1,591	1
Heifers	Medium and Large 2	400–450	428	234.80/cwt	230.00–240.00	1,005	6
Steers	Medium and Large 2	300–350	320	287.46/cwt	285.00–290.00	920	4
Steers	Medium and Large 1Fancy	300–350	305	397.54/cwt	395.00–400.00	1,212	2

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 Mar 14, 2024

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

Feeder CattleReceipts 440Last week 600Year ago 871

Slaughter CattleReceipts 112Last week 60Year ago 156

Replacement CattleReceipts 10Last week 5Year ago 60

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1 · Value Added$ per cwt · actual wt
2	300–350	320	327.50	327.50
5	400–450	420	290.00–300.00	296.12
8	450–500	488	282.50–297.50	292.45
6	500–550	526	270.00–287.50	280.86
3	550–600	572	277.50–289.00	281.36
2	600–650	625	262.50	262.50
2	650–700	680	257.50	257.50
Heifers — Medium and Large 1$ per cwt · actual wt
12	300–350	306	297.50–340.00	311.59
13	350–400	380	280.00–310.00	295.07
11	400–450	423	275.00–305.00	290.19
14	450–500	475	265.00–297.50	284.16
11	500–550	521	255.00–277.50	265.75
12	550–600	562	240.00–272.50	259.80
7	600–650	616	240.00–272.50	253.53
1	650–700	670	250.00	250.00
1	700–750	715	222.50	222.50
Heifers — Medium and Large 2$ per cwt · actual wt
3	300–350	308	235.00–260.00	243.24
5	350–400	371	235.00–250.00	240.66
6	400–450	428	230.00–240.00	234.80
3	450–500	468	230.00–239.00	234.60
Steers — Medium and Large 1$ per cwt · actual wt
6	300–350	315	320.00–385.00	359.26
16	350–400	374	300.00–385.00	346.06
16	400–450	414	297.50–370.00	325.99
11	450–500	467	285.00–332.50	307.82
10	500–550	519	285.00–307.50	295.60
8	550–600	574	280.00–307.50	293.25
3	600–650	613	270.00–280.00	276.66
2	650–700	670	270.00	270.00
2	700–750	740	235.00–250.00	242.45
Steers — Medium and Large 2$ per cwt · actual wt
4	300–350	320	285.00–290.00	287.46
3	350–400	385	275.00–290.00	283.90
6	400–450	428	265.00–280.00	269.88
6	450–500	466	243.00–265.00	256.28
Steers — Medium and Large 1 · Value Added$ per cwt · actual wt
7	400–450	416	350.00–357.50	354.27
2	450–500	450	337.50	337.50
3	500–550	532	317.50–322.50	319.15
8	550–600	578	311.00–322.50	317.48
7	600–650	619	287.50–305.00	298.80
Steers — Medium and Large 1 · Fancy$ per cwt · actual wt
2	300–350	305	395.00–400.00	397.54
Bulls — Medium and Large 1$ per cwt · actual wt
5	500–550	524	260.00–275.00	268.93
2	600–650	630	260.00–265.00	262.48

Slaughter Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Bulls$ per cwt · actual wt
1	—	1,670	141.00	141.00
11	—	1,715	124.00–137.00	131.00
3	—	1,390	112.00–116.00	114.37
Cows — Boner 80-85%$ per cwt · actual wt
1	—	1,125	140.00	140.00
18	—	1,221	115.00–128.00	122.50
4	—	1,044	100.00–107.00	103.07
Cows — Lean 85-90%$ per cwt · actual wt
7	—	1,003	102.00–115.00	108.81
2	—	850	73.00–75.00	73.97
1	—	1,055	115.00	115.00
Cows — Breaker 75-80%$ per cwt · actual wt
1	—	1,440	113.00	113.00

Replacement Cattle

As reported

Age	Stage	Head	Wt range	Avg wt	Price range	Avg price
Bred Cows — Medium and Large 1-2$ per head · actual wt
Middle Aged (5-8 yrs)	3rd Stage (7-9 mo)	2	—	1,278	1,600.00–1,800.00	1,702.54
Middle Aged (5-8 yrs)	2nd Stage (4-6 mo)	3	—	1,223	1,600.00–1,800.00	1,714.20
Cow-Calf Pairs — Medium and Large 1-2$ per head · actual wt
Aged (>8 yrs)	Open	1	—	1,375	2,000.00	2,000.00

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

Heifers · summary 500–600 lb

What quality paid 500–600 lb

This barn's trailing prices 500–600 lb

How it compared 500–600 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