Sale reports / Arkansas / Hope Livestock Auction Inc. / 2024-04-25

Hope Livestock Auction Inc.

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Hope, Arkansas · Thu, Apr 25
● Final57 lots reportedUSDA AMS · slug 2058
Feeder Cattle receipts
447 head
17 vs last sale 464 24 vs year ago 423 · +5.7%
Slaughter Cattle receipts
82 head
55 vs last sale 137 54 vs year ago 136 · 39.7%
Replacement Cattle receipts
15 head
20 vs last sale 35 0 vs year ago 15 · +0.0%
View

Reporter comment USDA

As filed

Compared to last week: Feeder steers 5.00-15.00 higher. Feeder heifers 2.00-12.00 higher. Slaughter cows 2.00-5.00 higher. Slaughter bulls 1.00-2.00 higher. Buyers were aggressive on most classes. Quality was average. All classes were higher this week.

Weight class

Steers · summary 500–600 lb

Weighted average of every reported lot
500–600 lb steers averaged $297.23/cwt on 52 head. That ranks 1 of 28 comparable sales and sits 124.12 against this barn's trailing median of $421.35.
Average price
$297.23
52 head · 547 lb average
Value per head Derived
$1,626
Price × average weight ÷ 100
Grade differential Derived
$337
per head · Medium and Large 1 over Medium and Large 2
$53.63/cwt at this weight
vs the market
+5.80
vs AR average
12.32 vs national

What quality paid 500–600 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1548300.331,64649
Medium and Large 2530246.691,3083thin
One grade step is worth $53.63/cwt here — about $337 a head. Across this sale the premium is widest at 500–600 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 sale52 hd
297.23
AR average7 barns · 257 hd
291.43
+5.80
National average173 barns · 10,802 hd
309.55
−12.32
This barn, trailing median28 sales
421.35
−124.12
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
BullsAverage1,720134.882,3209thin
CowsBoner 80-85%Low1,167125.271,46227
CowsLean 85-90%Average940102.9496810

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)1,185$1,8501thin
Bred Cows2nd Stage (4-6 mo)Middle Aged (5-8 yrs)975$1,5742thin
Bred Cows3rd Stage (7-9 mo)Aged (>8 yrs)1,245$1,4501thin
BullsN/AYoung (2-4 yrs)1,430$2,6702thin
Cow-Calf PairsOpenMiddle Aged (5-8 yrs)1,210$2,0751thin
Cow-Calf PairsOpenAged (>8 yrs)1,365$2,0132thin

Every lot, as filed

57 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
Bred CowsMedium and Large 1-29751,573.72/head1,550.00–1,600.001,5742
HeifersMedium and Large 1550–600565250.87/cwt245.00–262.501,4176
SteersMedium and Large 1800–850805225.00/cwt225.00–225.001,8111
SteersMedium and Large 1350–400376331.74/cwt310.00–355.001,24719
Cow-Calf PairsMedium and Large 1-21,3652,012.50/head2,000.00–2,025.002,0132
SteersMedium and Large 1600–650626270.28/cwt255.00–292.501,69210
HeifersMedium and Large 1450–500470262.87/cwt252.50–277.501,23513
SteersMedium and Large 1700–750710237.81/cwt230.00–255.001,6887
HeifersMedium and Large 1350–400375289.64/cwt285.00–300.001,0866
SteersMedium and Large 1550–600573289.46/cwt270.00–312.501,6596
SteersMedium and Large 1Value Added500–550524313.51/cwt305.00–320.001,64312
HeifersMedium and Large 1Value Added550–600560253.00/cwt253.00–253.001,4172
HeifersMedium and Large 1300–350310297.50/cwt285.00–320.009226
BullsMedium and Large 1700–750725216.25/cwt215.00–217.501,5682
BullsMedium and Large 1600–650625245.00/cwt245.00–245.001,5312
HeifersMedium and Large 1Fleshy500–550525240.00/cwt240.00–240.001,2601
SteersMedium and Large 1450–500467297.75/cwt285.00–332.501,39017
HeifersMedium and Large 1Value Added400–450438283.51/cwt282.00–285.001,2422
HeifersMedium and Large 1500–550519252.16/cwt240.00–262.501,3098
HeifersMedium and Large 1Value Added500–550511270.34/cwt267.50–275.001,3817
SteersMedium and Large 1500–550525289.51/cwt272.50–320.001,52015
SteersMedium and Large 1400–450421319.20/cwt295.00–347.501,34413
CowsLean 85-90%978108.20/cwt103.00–115.001,0588
CowsBoner 80-85%1,074111.19/cwt110.00–115.001,1946
Bulls1,720134.88/cwt128.00–140.002,3209
CowsBoner 80-85%1,284138.73/cwt136.00–141.001,7815
CowsBoner 80-85%1,165126.35/cwt118.00–132.001,47216
CowsLean 85-90%79081.89/cwt79.00–85.006472
SteersMedium and Large 1Value Added450–500461324.22/cwt312.50–340.001,49511
SteersMedium and Large 1300–350317339.02/cwt327.50–355.001,0755
SteersMedium and Large 1750–800758235.00/cwt235.00–235.001,7812
BullsMedium and Large 1450–500475273.31/cwt255.00–280.001,29811
BullsMedium and Large 1500–550522264.39/cwt255.00–275.001,3809
BullsMedium and Large 1550–600578257.89/cwt240.00–270.001,4916
Bred CowsMedium and Large 1-21,1851,850.00/head1,850.00–1,850.001,8501
Bred CowsMedium and Large 1-21,2451,450.00/head1,450.00–1,450.001,4501
Cow-Calf PairsMedium and Large 1-21,2102,075.00/head2,075.00–2,075.002,0751
HeifersMedium and Large 2400–450420241.67/cwt240.00–245.001,0153
SteersMedium and Large 2500–550518252.54/cwt250.00–255.001,3082
SteersMedium and Large 2400–450427267.80/cwt260.00–270.001,1449
SteersMedium and Large 1650–700677250.48/cwt240.00–270.001,6969
SteersMedium and Large 1Value Added700–750700260.00/cwt260.00–260.001,8203
SteersMedium and Large 1Value Added650–700680250.00/cwt250.00–250.001,7001
SteersMedium and Large 2350–400370289.07/cwt285.00–295.001,0705
SteersMedium and Large 2300–350325290.00/cwt290.00–290.009433
SteersMedium and Large 2550–600555235.00/cwt235.00–235.001,3041
SteersMedium and Large 1Value Added550–600578304.65/cwt295.00–317.501,76116
SteersMedium and Large 1Value Added600–650623294.65/cwt280.00–305.001,83610
SteersMedium and Large 1Value Added400–450430326.67/cwt325.00–330.001,4056
HeifersMedium and Large 2500–550545227.50/cwt227.50–227.501,2402
HeifersMedium and Large 2350–400385252.47/cwt250.00–257.509723
HeifersMedium and Large 2300–350300270.00/cwt270.00–270.008101
HeifersMedium and Large 1400–450427277.02/cwt260.00–290.001,18312
HeifersMedium and Large 1600–650621242.46/cwt235.00–247.501,50610
HeifersMedium and Large 1Value Added450–500473268.72/cwt267.50–270.001,2712
SteersMedium and Large 2450–500461260.00/cwt260.00–260.001,1995
BullsMedium and Large 1-21,4302,670.19/head2,525.00–2,800.002,6702

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.