Name: Hope Livestock Auction Inc. livestock auction prices — 2024-03-21
Creator: RaisedBeef
Published: 2024-03-21

Reporter comment USDA

As filed

Compared to last week: Feeder steers under 500 lbs. 5.00-7.00 higher; over 500 lbs. 3.00-8.00 lower. Feeder heifers 3.00-8.00 lower. Slaughter cows 2.00-4.00 lower. Slaughter bulls steady to 2.00 lower. Quality was average to plain. Had a large offering of replacement cattle that were bringing a premium. Market was still strong on the light weight cattle suitable for grazing. Had a video load of home raised feeder heifers; 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 $265.88/cwt on 44 head. That ranks 1 of 29 comparable sales and sits −132.55 against this barn's trailing median of $398.43.

Average price

$265.88

44 head · 558 lb average

Value per head Derived

$1,484

Price × average weight ÷ 100

Grade differential Derived

—

single grade reported

vs the market

+2.59

vs AR average

−11.34 vs national

What quality paid 500–600 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1	558	265.88	1,484	44

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 sale44 hd

265.88

—

AR average9 barns · 324 hd

263.29

+2.59

National average179 barns · 15,589 hd

277.22

−11.34

This barn, trailing median29 sales

398.43

−132.55

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	—	Average	1,575	126.15	1,987	19
Cows	Boner 80-85%	Average	1,141	113.58	1,296	38
Cows	Lean 85-90%	Average	890	94.66	843	9thin

Every lot, as filed

47 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
Bulls	Medium and Large 1	750–800	750	225.00/cwt	225.00–225.00	1,688	1
Bulls	Medium and Large 1	450–500	479	286.90/cwt	285.00–290.00	1,374	5
Bulls	Medium and Large 1	500–550	537	277.54/cwt	265.00–285.00	1,490	6
Heifers	Medium and Large 1	450–500	465	275.14/cwt	260.00–297.50	1,279	14
Heifers	Medium and Large 2	350–400	378	245.97/cwt	245.00–250.00	930	5
Heifers	Medium and Large 1	400–450	430	287.68/cwt	267.50–300.00	1,237	17
Steers	Medium and Large 1Value Added	450–500	493	330.04/cwt	322.50–337.50	1,627	6
Steers	Medium and Large 1Value Added	500–550	525	325.61/cwt	320.00–345.00	1,709	6
Steers	Medium and Large 2	550–600	583	243.49/cwt	242.00–245.00	1,420	4
Steers	Medium and Large 1	450–500	476	313.22/cwt	295.00–332.50	1,491	13
Steers	Medium and Large 1	500–550	518	289.63/cwt	285.00–320.00	1,500	14
Steers	Medium and Large 1	650–700	678	254.98/cwt	250.00–260.00	1,729	2
Steers	Medium and Large 1Value Added	400–450	430	340.00/cwt	340.00–340.00	1,462	2
Steers	Medium and Large 2	400–450	426	259.50/cwt	250.00–265.00	1,105	7
Steers	Medium and Large 1	700–750	709	251.94/cwt	240.00–262.50	1,786	4
Steers	Medium and Large 1Value Added	600–650	635	282.50/cwt	282.50–282.50	1,794	2
Steers	Medium and Large 2	350–400	377	288.66/cwt	275.00–300.00	1,088	12
Steers	Medium and Large 1	550–600	562	285.07/cwt	275.00–300.00	1,602	6
Steers	Medium and Large 2	500–550	537	251.61/cwt	250.00–255.00	1,351	3
Heifers	Medium and Large 1Value Added	550–600	578	272.51/cwt	262.50–277.50	1,575	19
Steers	Medium and Large 1	400–450	416	330.87/cwt	310.00–380.00	1,376	15
Steers	Medium and Large 1	600–650	630	262.38/cwt	260.00–267.50	1,653	3
Steers	Medium and Large 1Fancy	300–350	323	407.64/cwt	405.00–410.00	1,317	2
Steers	Medium and Large 2	300–350	311	294.02/cwt	285.00–300.00	914	5
Steers	Medium and Large 2	450–500	468	261.65/cwt	260.00–265.00	1,225	6
Heifers	Medium and Large 1	600–650	619	248.84/cwt	235.00–260.00	1,540	4
Steers	Medium and Large 1	300–350	330	358.14/cwt	335.00–380.00	1,182	10
Steers	Medium and Large 1	350–400	376	353.66/cwt	325.00–380.00	1,330	16
Heifers	Medium and Large 1Value Added	500–550	528	283.46/cwt	275.00–292.50	1,497	6
Heifers	Medium and Large 2	400–450	425	230.00/cwt	230.00–230.00	978	4
Heifers	Medium and Large 1Value Added	600–650	618	268.71/cwt	267.50–270.00	1,661	6
Heifers	Medium and Large 1	550–600	575	252.93/cwt	245.00–265.00	1,454	9
Steers	Medium and Large 1Fancy	600–650	645	297.50/cwt	297.50–297.50	1,919	1
Steers	Medium and Large 1Fancy	450–500	450	342.50/cwt	342.50–342.50	1,541	1
Heifers	Medium and Large 1	300–350	315	305.25/cwt	280.00–332.50	962	17
Heifers	Medium and Large 1	500–550	523	254.38/cwt	245.00–265.00	1,330	10
Heifers	Medium and Large 1	350–400	369	296.24/cwt	275.00–325.00	1,093	22
Heifers	Medium and Large 2	300–350	314	250.02/cwt	235.00–265.00	785	9
Heifers	Medium and Large 1Value Added	400–450	432	299.72/cwt	295.00–305.00	1,295	22
Heifers	Medium and Large 1Value Added	450–500	464	292.63/cwt	280.00–312.50	1,358	13
Bulls	—	—	1,652	131.57/cwt	120.00–145.00	2,174	10
Bulls	—	—	1,665	149.84/cwt	146.00–154.00	2,495	2
Bulls	—	—	1,439	111.64/cwt	105.00–116.00	1,606	7
Cows	Boner 80-85%	—	1,189	119.24/cwt	110.00–131.00	1,418	25
Cows	Boner 80-85%	—	1,050	102.69/cwt	100.00–105.00	1,078	13
Cows	Lean 85-90%	—	925	101.13/cwt	96.00–110.00	935	7
Cows	Lean 85-90%	—	768	72.02/cwt	71.00–73.00	553	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 21, 2024

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

Feeder CattleReceipts 738Last week 440Year ago 564

Slaughter CattleReceipts 216Last week 112Year ago 159

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Bulls — Medium and Large 1$ per cwt · actual wt
5	450–500	479	285.00–290.00	286.90
6	500–550	537	265.00–285.00	277.54
1	750–800	750	225.00	225.00
Heifers — Medium and Large 1$ per cwt · actual wt
17	300–350	315	280.00–332.50	305.25
22	350–400	369	275.00–325.00	296.24
17	400–450	430	267.50–300.00	287.68
14	450–500	465	260.00–297.50	275.14
10	500–550	523	245.00–265.00	254.38
9	550–600	575	245.00–265.00	252.93
4	600–650	619	235.00–260.00	248.84
Heifers — Medium and Large 2$ per cwt · actual wt
9	300–350	314	235.00–265.00	250.02
5	350–400	378	245.00–250.00	245.97
4	400–450	425	230.00	230.00
Heifers — Medium and Large 1 · Value Added$ per cwt · actual wt
22	400–450	432	295.00–305.00	299.72
13	450–500	464	280.00–312.50	292.63
6	500–550	528	275.00–292.50	283.46
19	550–600	578	262.50–277.50	272.51
6	600–650	618	267.50–270.00	268.71
Steers — Medium and Large 1 · Value Added$ per cwt · actual wt
2	400–450	430	340.00	340.00
6	450–500	493	322.50–337.50	330.04
6	500–550	525	320.00–345.00	325.61
2	600–650	635	282.50	282.50
Steers — Medium and Large 2$ per cwt · actual wt
5	300–350	311	285.00–300.00	294.02
12	350–400	377	275.00–300.00	288.66
7	400–450	426	250.00–265.00	259.50
6	450–500	468	260.00–265.00	261.65
3	500–550	537	250.00–255.00	251.61
4	550–600	583	242.00–245.00	243.49
Steers — Medium and Large 1$ per cwt · actual wt
10	300–350	330	335.00–380.00	358.14
16	350–400	376	325.00–380.00	353.66
15	400–450	416	310.00–380.00	330.87
13	450–500	476	295.00–332.50	313.22
14	500–550	518	285.00–320.00	289.63
6	550–600	562	275.00–300.00	285.07
3	600–650	630	260.00–267.50	262.38
2	650–700	678	250.00–260.00	254.98
4	700–750	709	240.00–262.50	251.94
Steers — Medium and Large 1 · Fancy$ per cwt · actual wt
2	300–350	323	405.00–410.00	407.64
1	450–500	450	342.50	342.50
1	600–650	645	297.50	297.50

Slaughter Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Bulls$ per cwt · actual wt
10	—	1,652	120.00–145.00	131.57
2	—	1,665	146.00–154.00	149.84
7	—	1,439	105.00–116.00	111.64
Cows — Boner 80-85%$ per cwt · actual wt
25	—	1,189	110.00–131.00	119.24
13	—	1,050	100.00–105.00	102.69
Cows — Lean 85-90%$ per cwt · actual wt
7	—	925	96.00–110.00	101.13
2	—	768	71.00–73.00	72.02

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.