Sale reports / Arkansas / Hope Livestock Auction Inc. / 2024-04-18

Hope Livestock Auction Inc.

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Hope, Arkansas · Thu, Apr 18
● Final47 lots reportedUSDA AMS · slug 2058
Feeder Cattle receipts
464 head
342 vs last sale 122 259 vs year ago 723 · 35.8%
Slaughter Cattle receipts
137 head
88 vs last sale 49 73 vs year ago 210 · 34.8%
Replacement Cattle receipts
35 head
30 vs last sale 5 121 vs year ago 156 · 77.6%
View

Reporter comment USDA

As filed

Last weeks limited receipts in certain weight ranges showed some drastic moves in the trend. Lighter weight feeder calves were a few dollars cheaper; with the calves over 400 lbs. being as much as 15.00-20.00 dollars higher. Slaughter cows were steady to 3.00 lower. Slaughter bulls were steady. Quality was average. Buyers were active on most classes.

Weight class

Steers · summary 500–600 lb

Weighted average of every reported lot
500–600 lb steers averaged $275.60/cwt on 27 head. That ranks 1 of 28 comparable sales and sits 145.75 against this barn's trailing median of $421.35.
Average price
$275.60
27 head · 543 lb average
Value per head Derived
$1,496
Price × average weight ÷ 100
Grade differential Derived
$266
per head · Medium and Large 1 over Medium and Large 2
$38.89/cwt at this weight
vs the market
8.65
vs AR average
28.79 vs national

What quality paid 500–600 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1546281.361,53623
Medium and Large 2524242.471,2714thin
One grade step is worth $38.89/cwt here — about $266 a head. Across this sale the premium is widest at 300–400 lb. USDA reports each grade on its own line and never publishes the spread.

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 sale27 hd
275.60
AR average7 barns · 230 hd
284.24
−8.65
National average171 barns · 11,979 hd
304.39
−28.79
This barn, trailing median28 sales
421.35
−145.75
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
BullsLow1,566129.342,0258thin
CowsBoner 80-85%High1,139116.981,33339
CowsBreaker 75-80%Average1,478111.401,6465thin
CowsLean 85-90%Average965106.511,0289thin

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 Cows3rd Stage (7-9 mo)Middle Aged (5-8 yrs)1,000$1,7501thin
Bred Cows2nd Stage (4-6 mo)Middle Aged (5-8 yrs)1,171$1,6384thin
BullsN/AYoung (2-4 yrs)1,660$2,9001thin
Cow-Calf PairsOpenMiddle Aged (5-8 yrs)1,240$2,1716
Cow-Calf PairsOpenYoung (2-4 yrs)1,150$2,0001thin

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.
ClassGrade / descriptionWeightAvg wtPriceRangePer headHead
BullsMedium and Large 1600–650600240.00/cwt240.00–240.001,4401
BullsMedium and Large 1650–700653227.53/cwt220.00–235.001,4862
BullsMedium and Large 1500–550535251.75/cwt250.00–255.001,3474
HeifersMedium and Large 1700–750728201.07/cwt187.50–214.001,4642
HeifersMedium and Large 2350–400377246.59/cwt240.00–255.009306
HeifersMedium and Large 1550–600584244.90/cwt240.00–250.001,4304
SteersMedium and Large 2550–600560240.00/cwt240.00–240.001,3441
SteersMedium and Large 1350–400362323.34/cwt310.00–355.001,1709
SteersMedium and Large 1400–450414302.68/cwt285.00–320.001,25315
SteersMedium and Large 1550–600576280.19/cwt270.00–290.001,61410
SteersMedium and Large 1600–650623267.64/cwt257.50–277.001,66710
SteersMedium and Large 1650–700655257.47/cwt250.00–267.501,6863
HeifersMedium and Large 2400–450412238.15/cwt230.00–242.009816
SteersMedium and Large 1450–500472292.24/cwt282.50–302.501,37919
SteersMedium and Large 2500–550512243.29/cwt240.00–245.001,2463
SteersMedium and Large 1800–850835229.02/cwt227.00–231.001,9122
SteersMedium and Large 2400–450432252.84/cwt245.00–262.001,0925
SteersMedium and Large 2350–400381272.15/cwt265.00–280.001,0377
HeifersMedium and Large 1350–400378277.08/cwt267.50–282.001,0473
SteersMedium and Large 1300–350325319.27/cwt315.00–322.501,0385
SteersMedium and Large 1500–550523282.26/cwt272.50–297.501,47613
SteersMedium and Large 1700–750725228.47/cwt227.00–230.001,6562
HeifersMedium and Large 1500–550520258.71/cwt255.00–265.001,3456
HeifersMedium and Large 1600–650617236.12/cwt227.50–252.501,4577
HeifersMedium and Large 2300–350328246.40/cwt240.00–250.008086
SteersMedium and Large 1Fleshy600–650605245.00/cwt245.00–245.001,4821
SteersMedium and Large 2300–350317280.79/cwt275.00–285.008906
SteersMedium and Large 2450–500470253.79/cwt245.00–260.001,1934
HeifersMedium and Large 1650–700655230.00/cwt230.00–230.001,5071
HeifersMedium and Large 1750–800763211.74/cwt211.00–212.501,6162
BullsMedium and Large 1450–500477266.27/cwt258.00–270.001,2709
HeifersMedium and Large 1400–450424266.54/cwt260.00–272.501,13010
HeifersMedium and Large 1450–500472261.07/cwt255.00–267.501,2327
HeifersMedium and Large 1300–350319284.43/cwt275.00–297.509078
BullsMedium and Large 1-21,6602,900.00/head2,900.00–2,900.002,9001
Cow-Calf PairsMedium and Large 1-21,2402,171.20/head2,100.00–2,300.002,1716
Cow-Calf PairsMedium and Large 1-21,1502,000.00/head2,000.00–2,000.002,0001
Bred CowsMedium and Large 1-21,1711,638.26/head1,500.00–1,700.001,6384
Bred CowsMedium and Large 1-21,0001,750.00/head1,750.00–1,750.001,7501
Stock CowsMedium and Large 1-2850124.98/cwt120.00–130.001,06212
Bulls1,270117.53/cwt115.00–120.001,4932
Bulls1,664133.28/cwt123.00–142.002,2186
CowsBoner 80-85%1,210130.00/cwt130.00–130.001,5731
CowsBoner 80-85%1,045109.45/cwt105.00–112.001,14411
CowsBreaker 75-80%1,478111.40/cwt110.00–115.001,6465
CowsLean 85-90%965106.51/cwt95.00–112.001,0289
CowsBoner 80-85%1,175119.57/cwt115.00–125.001,40527

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.