Sale reports / Arkansas / Hope Livestock Auction Inc. / 2024-03-28

Hope Livestock Auction Inc.

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Hope, Arkansas · Thu, Mar 28
● Final54 lots reportedUSDA AMS · slug 2058
Feeder Cattle receipts
251 head
487 vs last sale 738 334 vs year ago 585 · 57.1%
Slaughter Cattle receipts
78 head
138 vs last sale 216 46 vs year ago 124 · 37.1%
Replacement Cattle receipts
15 head
135 vs last sale 150 5 vs year ago 20 · 25.0%
View

Reporter comment USDA

As filed

Compared to last week: Feeder steers under 550 lbs. 3.00-12.00 lower; over 550 lbs. 3.00-10.00 higher. Feeder heifers steady to 5.00 lower. Slaughter cows 2.00-4.00 higher. Slaughter bulls 2.00-4.00 higher. Quality was average to plain. Market was little softer on most classes. Buyers were not as aggressive with a small offering. Had two video loads; to view results click this link (https://www.ams.usda.gov/mnreports/ams_3628.pdf).

Weight class

Steers · summary 500–600 lb

Weighted average of every reported lot
500–600 lb steers averaged $299.07/cwt on 19 head. That ranks 1 of 28 comparable sales and sits 122.29 against this barn's trailing median of $421.35.
Average price
$299.07
19 head · 538 lb average
Value per head Derived
$1,609
Price × average weight ÷ 100
Grade differential Derived
single grade reported
vs the market
+0.76
vs AR average
11.19 vs national

What quality paid 500–600 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1538299.071,60919thin
Only one grade was reported at this weight, so there is no spread to compute.

This barn's trailing prices 500–600 lb

28 sales
496445394342median 421.3512/1802/2604/2306/1808/13
Steers 500–600 lb: high $481.97, low $356.44, median $421.35 across 28 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 sale19 hd
299.07
AR average8 barns · 258 hd
298.31
+0.76
National average156 barns · 8,291 hd
310.26
−11.19
This barn, trailing median28 sales
421.35
−122.29
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
BullsHigh1,831132.882,43311
CowsBoner 80-85%Average1,132121.511,37619
CowsBreaker 75-80%Average1,725120.002,0701thin
CowsLean 85-90%Average977107.931,0547thin

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)1,165$1,8251thin
Bred Cows2nd Stage (4-6 mo)Middle Aged (5-8 yrs)1,215$1,8002thin
Bred Heifers2nd Stage (4-6 mo)Young (2-4 yrs)980$1,7501thin
Cow-Calf PairsOpenAged (>8 yrs)1,155$1,7001thin

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.
ClassGrade / descriptionWeightAvg wtPriceRangePer headHead
HeifersMedium and Large 1Value Added350–400350307.50/cwt307.50–307.501,0762
HeifersMedium and Large 1600–650606241.31/cwt225.00–250.001,4624
HeifersMedium and Large 1650–700670223.31/cwt220.00–225.001,4963
SteersMedium and Large 1700–750720255.00/cwt255.00–255.001,8361
SteersMedium and Large 1350–400371349.64/cwt330.00–365.001,29710
SteersMedium and Large 1Value Added400–450432330.77/cwt325.00–335.001,4296
SteersMedium and Large 1Value Added600–650623294.99/cwt292.50–297.501,8384
SteersMedium and Large 2400–450418267.87/cwt265.00–270.001,1205
SteersMedium and Large 2350–400373279.34/cwt275.00–283.001,0425
SteersMedium and Large 1450–500469292.34/cwt285.00–300.001,3715
SteersMedium and Large 1400–450413310.53/cwt295.00–335.001,2825
SteersMedium and Large 1650–700680270.87/cwt267.50–275.001,8423
SteersMedium and Large 1300–350330357.34/cwt335.00–375.001,1797
SteersMedium and Large 1500–550528286.37/cwt270.00–295.001,5126
SteersMedium and Large 1550–600575288.26/cwt280.00–300.001,6573
SteersMedium and Large 1Value Added650–700670297.50/cwt297.50–297.501,9932
SteersMedium and Large 1Value Added550–600585297.50/cwt297.50–297.501,7402
SteersMedium and Large 1Value Added500–550520313.03/cwt305.00–320.001,6288
SteersMedium and Large 2300–350323296.63/cwt290.00–302.009585
SteersMedium and Large 2450–500468263.79/cwt255.00–268.001,2353
SteersMedium and Large 1600–650622282.58/cwt270.00–297.501,7585
BullsMedium and Large 1550–600573255.00/cwt255.00–255.001,4612
BullsMedium and Large 1800–850830217.50/cwt217.50–217.501,8051
BullsMedium and Large 1450–500475266.40/cwt262.50–272.001,2653
BullsMedium and Large 1700–750735227.00/cwt227.00–227.001,6682
BullsMedium and Large 1750–800768216.62/cwt200.00–227.001,6644
BullsMedium and Large 1600–650612252.37/cwt250.00–255.001,5453
CowsBoner 80-85%1,148125.37/cwt115.00–130.001,43910
CowsLean 85-90%977107.93/cwt105.00–115.001,0547
CowsBreaker 75-80%1,725120.00/cwt120.00–120.002,0701
CowsBoner 80-85%1,048106.01/cwt104.00–110.001,1116
CowsBoner 80-85%1,247139.67/cwt132.00–145.001,7423
Bulls2,195150.00/cwt150.00–150.003,2931
Bulls1,874134.96/cwt130.00–140.002,5298
Bulls1,478115.99/cwt115.00–117.001,7142
Bred HeifersMedium and Large 1-29801,750.00/head1,750.00–1,750.001,7501
Bred CowsMedium and Large 1-21,1651,825.00/head1,825.00–1,825.001,8251
Bred CowsMedium and Large 1-21,2151,800.00/head1,800.00–1,800.001,8002
Cow-Calf PairsMedium and Large 1-21,1551,700.00/head1,700.00–1,700.001,7001
HeifersMedium and Large 2450–500453233.76/cwt232.50–235.001,0592
HeifersMedium and Large 2400–450420235.00/cwt235.00–235.009872
HeifersMedium and Large 1500–550523265.43/cwt255.00–277.501,3886
HeifersMedium and Large 1450–500467272.07/cwt260.00–285.001,2716
HeifersMedium and Large 2300–350317257.52/cwt255.00–262.508165
HeifersMedium and Large 2350–400375259.79/cwt255.00–272.009744
HeifersMedium and Large 1400–450420282.54/cwt275.00–292.501,1876
HeifersMedium and Large 1350–400363298.77/cwt290.00–310.001,0856
HeifersMedium and Large 1550–600573262.16/cwt252.50–267.501,5029
HeifersMedium and Large 1300–350330306.04/cwt297.50–315.001,0109
HeifersMedium and Large 2550–600585225.00/cwt225.00–225.001,3161
HeifersMedium and Large 2500–550520230.00/cwt230.00–230.001,1961
SteersMedium and Large 1Fancy300–350300405.00/cwt405.00–405.001,2151
HeifersMedium and Large 1Value Added500–550541277.30/cwt277.00–277.501,5005
HeifersMedium and Large 1Value Added400–450415312.50/cwt312.50–312.501,2972

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.