Name: Hope Livestock Auction Inc. livestock auction prices — 2024-04-11
Creator: RaisedBeef
Published: 2024-04-11

Reporter comment USDA

As filed

Compared to last week: Feeder steers 10.00-20.00 instances more lower. Feeder heifers 5.00-20.00 instances more lower. Slaughter cows 3.00-5.00 lower. Slaughter bulls 4.00-5.00 lower. Market was considerbly softer this week. Recent rains and limited buyers with a small offering of cattle put a damper on the market this week. The futures market has lost it highs as well. Quality was average to plain.

Weight class

Steers · summary 500–600 lb

Weighted average of every reported lot

500–600 lb steers averaged $262.89/cwt on 11 head. That ranks 1 of 28 comparable sales and sits −158.46 against this barn's trailing median of $421.35.

Average price

$262.89

11 head · 548 lb average

Value per head Derived

$1,441

Price × average weight ÷ 100

Grade differential Derived

$169

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

$8.68/cwt at this weight

vs the market

−26.39

vs AR average

−42.58 vs national

What quality paid 500–600 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1	553	263.68	1,457	10thin
Medium and Large 2	505	255.00	1,288	1thin

One grade step is worth $8.68/cwt here — about $169 a head. Across this sale the premium is widest at 400–500 lb. USDA reports each grade on its own line and never publishes the spread.

This barn's trailing prices 500–600 lb

28 sales

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 sale11 hd

262.89

—

AR average8 barns · 170 hd

289.28

−26.39

National average170 barns · 11,306 hd

305.47

−42.58

This barn, trailing median28 sales

421.35

−158.46

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	1,600	127.34	2,037	8thin
Cows	Breaker 75-80%	Average	1,320	126.00	1,663	1thin
Cows	Boner 80-85%	Average	1,256	123.68	1,553	10
Cows	Lean 85-90%	Average	993	102.94	1,022	6thin

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)	Young (2-4 yrs)	995	$1,509	2thin
Bred Cows	2nd Stage (4-6 mo)	Middle Aged (5-8 yrs)	910	$1,450	1thin

Every lot, as filed

33 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	500–550	500	252.00/cwt	252.00–252.00	1,260	1
Bulls	Medium and Large 1	550–600	573	240.00/cwt	240.00–240.00	1,375	2
Bulls	Medium and Large 1	450–500	485	260.00/cwt	260.00–260.00	1,261	1
Heifers	Medium and Large 2	400–450	432	231.62/cwt	230.00–235.00	1,001	3
Heifers	Medium and Large 2	450–500	480	225.00/cwt	225.00–225.00	1,080	1
Heifers	Medium and Large 2	300–350	300	252.00/cwt	252.00–252.00	756	1
Steers	Medium and Large 1	500–550	516	264.56/cwt	255.00–272.50	1,365	4
Steers	Medium and Large 1	550–600	577	263.09/cwt	250.00–271.00	1,518	6
Steers	Medium and Large 1	450–500	475	276.25/cwt	275.00–277.50	1,312	2
Heifers	Medium and Large 1	300–350	305	285.00/cwt	285.00–285.00	869	1
Heifers	Medium and Large 1	600–650	613	224.88/cwt	215.00–235.00	1,379	2
Steers	Medium and Large 1	350–400	375	325.60/cwt	300.00–340.00	1,221	4
Steers	Medium and Large 1	600–650	618	247.51/cwt	245.00–250.00	1,530	3
Steers	Medium and Large 1	700–750	710	249.06/cwt	236.00–262.50	1,768	2
Steers	Medium and Large 1	800–850	845	226.00/cwt	226.00–226.00	1,910	1
Heifers	Medium and Large 2	500–550	520	220.00/cwt	220.00–220.00	1,144	1
Heifers	Medium and Large 1	400–450	414	250.79/cwt	240.00–262.50	1,038	4
Heifers	Medium and Large 1	750–800	795	180.00/cwt	180.00–180.00	1,431	1
Steers	Medium and Large 2	400–450	400	250.00/cwt	250.00–250.00	1,000	1
Steers	Medium and Large 1	400–450	405	300.00/cwt	300.00–300.00	1,215	1
Heifers	Medium and Large 1	350–400	385	282.50/cwt	282.50–282.50	1,088	1
Heifers	Medium and Large 1	450–500	457	251.64/cwt	250.00–255.00	1,150	3
Heifers	Medium and Large 1	550–600	558	237.50/cwt	237.50–237.50	1,325	2
Heifers	Medium and Large 1	500–550	508	248.58/cwt	237.50–260.00	1,263	2
Steers	Medium and Large 2	500–550	505	255.00/cwt	255.00–255.00	1,288	1
Steers	Medium and Large 1	650–700	660	257.50/cwt	257.50–257.50	1,700	1
Bred Cows	Medium and Large 1-2	—	910	1,450.00/head	1,450.00–1,450.00	1,450	1
Bred Cows	Medium and Large 1-2	—	995	1,509.05/head	1,400.00–1,600.00	1,509	2
Bulls	—	—	1,652	132.74/cwt	130.00–145.00	2,193	6
Bulls	—	—	1,443	111.13/cwt	110.00–112.00	1,604	2
Cows	Boner 80-85%	—	1,256	123.68/cwt	115.00–132.00	1,553	10
Cows	Breaker 75-80%	—	1,320	126.00/cwt	126.00–126.00	1,663	1
Cows	Lean 85-90%	—	993	102.94/cwt	97.00–110.00	1,022	6

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 Apr 11, 2024

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

Feeder CattleReceipts 122Last week 369Year ago 761

Slaughter CattleReceipts 49Last week 87Year ago 140

Replacement CattleReceipts 5Last week 10Year ago 15

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Bulls — Medium and Large 1$ per cwt · actual wt
1	450–500	485	260.00	260.00
1	500–550	500	252.00	252.00
2	550–600	573	240.00	240.00
Heifers — Medium and Large 2$ per cwt · actual wt
1	300–350	300	252.00	252.00
3	400–450	432	230.00–235.00	231.62
1	450–500	480	225.00	225.00
1	500–550	520	220.00	220.00
Heifers — Medium and Large 1$ per cwt · actual wt
1	300–350	305	285.00	285.00
1	350–400	385	282.50	282.50
4	400–450	414	240.00–262.50	250.79
3	450–500	457	250.00–255.00	251.64
2	500–550	508	237.50–260.00	248.58
2	550–600	558	237.50	237.50
2	600–650	613	215.00–235.00	224.88
1	750–800	795	180.00	180.00
Steers — Medium and Large 1$ per cwt · actual wt
4	350–400	375	300.00–340.00	325.60
1	400–450	405	300.00	300.00
2	450–500	475	275.00–277.50	276.25
4	500–550	516	255.00–272.50	264.56
6	550–600	577	250.00–271.00	263.09
3	600–650	618	245.00–250.00	247.51
1	650–700	660	257.50	257.50
2	700–750	710	236.00–262.50	249.06
1	800–850	845	226.00	226.00
Steers — Medium and Large 2$ per cwt · actual wt
1	400–450	400	250.00	250.00
1	500–550	505	255.00	255.00

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)	2nd Stage (4-6 mo)	1	—	910	1,450.00	1,450.00
Young (2-4 yrs)	2nd Stage (4-6 mo)	2	—	995	1,400.00–1,600.00	1,509.05

Slaughter Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Bulls$ per cwt · actual wt
6	—	1,652	130.00–145.00	132.74
2	—	1,443	110.00–112.00	111.13
Cows — Boner 80-85%$ per cwt · actual wt
10	—	1,256	115.00–132.00	123.68
Cows — Breaker 75-80%$ per cwt · actual wt
1	—	1,320	126.00	126.00
Cows — Lean 85-90%$ per cwt · actual wt
6	—	993	97.00–110.00	102.94

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 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

Replacement Cattle

Slaughter Cattle