Name: Hope Livestock Auction Inc. livestock auction prices — 2024-05-02
Creator: RaisedBeef
Published: 2024-05-02

Reporter comment USDA

As filed

Compared to last week: Feeder steers under 500 lbs. 10.00-15.00 lower; over 500 lbs. unevenly steady. Feeder heifers unevenly steady. Slaughter cows 3.00-8.00 lower. Slaughter bulls 2.00-3.00 lower. Quality was average to plain. Buyers were not as aggressive on most classes. Limited receipts and a cheaper futures board created a softer market this week.

Weight class

Steers · summary 500–600 lb

Weighted average of every reported lot

500–600 lb steers averaged $288.14/cwt on 19 head. That ranks 1 of 28 comparable sales and sits −133.21 against this barn's trailing median of $421.35.

Average price

$288.14

19 head · 550 lb average

Value per head Derived

$1,584

Price × average weight ÷ 100

Grade differential Derived

$375

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

$58.58/cwt at this weight

vs the market

−8.96

vs AR average

−20.47 vs national

What quality paid 500–600 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1	554	300.47	1,665	15thin
Medium and Large 2	534	241.90	1,291	4thin

One grade step is worth $58.58/cwt here — about $375 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

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

288.14

—

AR average9 barns · 285 hd

297.10

−8.96

National average166 barns · 9,614 hd

308.61

−20.47

This barn, trailing median28 sales

421.35

−133.21

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	1,570	128.08	2,011	7thin
Cows	Boner 80-85%	Average	1,200	113.93	1,367	23
Cows	Lean 85-90%	Average	964	104.39	1,007	8thin

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
Cow-Calf Pairs	Open	Middle Aged (5-8 yrs)	1,248	$2,108	2thin

Every lot, as filed

49 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
Steers	Medium and Large 1	400–450	422	300.33/cwt	285.00–320.00	1,267	6
Bulls	—	—	1,641	132.30/cwt	130.00–140.00	2,171	5
Cows	Boner 80-85%	—	1,217	115.44/cwt	112.00–121.00	1,405	16
Cows	Boner 80-85%	—	1,178	129.84/cwt	125.00–135.00	1,530	2
Cows	Boner 80-85%	—	1,153	102.73/cwt	100.00–105.00	1,184	5
Cows	Lean 85-90%	—	983	108.61/cwt	107.00–110.00	1,068	5
Cows	Lean 85-90%	—	933	97.35/cwt	95.00–99.00	908	3
Heifers	Medium and Large 1	550–600	576	244.93/cwt	237.50–257.50	1,411	4
Steers	Medium and Large 1	550–600	577	290.73/cwt	275.00–307.50	1,678	3
Bulls	Medium and Large 1	550–600	578	248.83/cwt	242.50–255.00	1,438	2
Heifers	Medium and Large 1	350–400	373	289.88/cwt	275.00–300.00	1,081	7
Heifers	Medium and Large 1	700–750	710	210.00/cwt	210.00–210.00	1,491	1
Heifers	Medium and Large 1	600–650	625	232.66/cwt	225.00–242.50	1,454	4
Steers	Medium and Large 1	500–550	518	286.30/cwt	278.00–297.50	1,483	4
Steers	Medium and Large 1	300–350	324	312.95/cwt	310.00–320.00	1,014	5
Heifers	Medium and Large 1	750–800	770	206.04/cwt	200.00–212.00	1,587	2
Heifers	Medium and Large 1	300–350	324	295.04/cwt	290.00–297.50	956	4
Steers	Medium and Large 1	450–500	473	294.39/cwt	285.00–305.00	1,392	6
Heifers	Medium and Large 1	400–450	425	272.72/cwt	262.50–282.50	1,159	6
Steers	Medium and Large 1Value Added	600–650	622	277.44/cwt	272.50–285.00	1,726	3
Steers	Medium and Large 1Value Added	550–600	573	311.03/cwt	300.00–315.00	1,782	7
Steers	Medium and Large 1	600–650	619	270.61/cwt	260.00–287.50	1,675	8
Heifers	Medium and Large 1	500–550	519	250.65/cwt	245.00–260.00	1,301	7
Heifers	Medium and Large 1	450–500	469	265.30/cwt	245.00–273.00	1,244	8
Steers	Medium and Large 1Value Added	700–750	710	267.50/cwt	267.50–267.50	1,899	1
Cow-Calf Pairs	Medium and Large 1-2	—	1,248	2,107.97/head	2,025.00–2,175.00	2,108	2
Steers	Medium and Large 2	350–400	390	285.00/cwt	285.00–285.00	1,112	2
Heifers	Medium and Large 1Value Added	550–600	565	250.00/cwt	250.00–250.00	1,413	2
Steers	Medium and Large 1Value Added	450–500	455	317.50/cwt	317.50–317.50	1,445	2
Steers	Medium and Large 1	350–400	371	309.48/cwt	300.00–325.00	1,148	6
Steers	Medium and Large 1Value Added	500–550	500	312.50/cwt	312.50–312.50	1,563	1
Steers	Medium and Large 2	500–550	518	240.86/cwt	232.50–245.00	1,248	3
Heifers	Medium and Large 2	400–450	425	242.00/cwt	242.00–242.00	1,029	1
Steers	Medium and Large 1Value Added	300–350	325	350.00/cwt	350.00–350.00	1,138	1
Steers	Medium and Large 1Value Added	350–400	390	345.00/cwt	345.00–345.00	1,346	1
Steers	Medium and Large 1	700–750	705	230.00/cwt	230.00–230.00	1,622	1
Steers	Medium and Large 1	650–700	680	259.08/cwt	250.00–265.00	1,762	3
Bulls	Medium and Large 1	500–550	534	262.52/cwt	255.00–270.00	1,402	6
Heifers	Medium and Large 2	500–550	510	217.50/cwt	210.00–225.00	1,109	2
Steers	Medium and Large 2	550–600	580	245.00/cwt	245.00–245.00	1,421	1
Steers	Medium and Large 2	400–450	428	261.60/cwt	260.00–265.00	1,120	3
Steers	Medium and Large 2	450–500	495	255.00/cwt	255.00–255.00	1,262	1
Steers	Medium and Large 2	300–350	313	283.46/cwt	282.00–285.00	887	2
Bulls	—	—	1,393	117.54/cwt	110.00–125.00	1,637	2
Bulls	Medium and Large 1	450–500	465	275.00/cwt	275.00–275.00	1,279	2
Heifers	Medium and Large 1	650–700	678	226.13/cwt	221.00–231.00	1,533	2
Steers	Medium and Large 1Fancy	450–500	455	332.50/cwt	332.50–332.50	1,513	1
Steers	Medium and Large 1Fancy	400–450	445	342.50/cwt	342.50–342.50	1,524	1
Bulls	Medium and Large 1	600–650	620	235.00/cwt	235.00–235.00	1,457	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 May 2, 2024

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

Feeder CattleReceipts 288Last week 447Year ago 583

Slaughter CattleReceipts 67Last week 82Year ago 136

Replacement CattleReceipts 5Last week 15Year ago 10

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1$ per cwt · actual wt
5	300–350	324	310.00–320.00	312.95
6	350–400	371	300.00–325.00	309.48
6	400–450	422	285.00–320.00	300.33
6	450–500	473	285.00–305.00	294.39
4	500–550	518	278.00–297.50	286.30
3	550–600	577	275.00–307.50	290.73
8	600–650	619	260.00–287.50	270.61
3	650–700	680	250.00–265.00	259.08
1	700–750	705	230.00	230.00
Steers — Medium and Large 1 · Value Added$ per cwt · actual wt
1	300–350	325	350.00	350.00
1	350–400	390	345.00	345.00
2	450–500	455	317.50	317.50
1	500–550	500	312.50	312.50
7	550–600	573	300.00–315.00	311.03
3	600–650	622	272.50–285.00	277.44
1	700–750	710	267.50	267.50
Steers — Medium and Large 2$ per cwt · actual wt
2	300–350	313	282.00–285.00	283.46
2	350–400	390	285.00	285.00
3	400–450	428	260.00–265.00	261.60
1	450–500	495	255.00	255.00
3	500–550	518	232.50–245.00	240.86
1	550–600	580	245.00	245.00
Steers — Medium and Large 1 · Fancy$ per cwt · actual wt
1	400–450	445	342.50	342.50
1	450–500	455	332.50	332.50
Heifers — Medium and Large 1$ per cwt · actual wt
4	300–350	324	290.00–297.50	295.04
7	350–400	373	275.00–300.00	289.88
6	400–450	425	262.50–282.50	272.72
8	450–500	469	245.00–273.00	265.30
7	500–550	519	245.00–260.00	250.65
4	550–600	576	237.50–257.50	244.93
4	600–650	625	225.00–242.50	232.66
2	650–700	678	221.00–231.00	226.13
1	700–750	710	210.00	210.00
2	750–800	770	200.00–212.00	206.04
Heifers — Medium and Large 1 · Value Added$ per cwt · actual wt
2	550–600	565	250.00	250.00
Heifers — Medium and Large 2$ per cwt · actual wt
1	400–450	425	242.00	242.00
2	500–550	510	210.00–225.00	217.50
Bulls — Medium and Large 1$ per cwt · actual wt
2	450–500	465	275.00	275.00
6	500–550	534	255.00–270.00	262.52
2	550–600	578	242.50–255.00	248.83
2	600–650	620	235.00	235.00

Slaughter Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Bulls$ per cwt · actual wt
5	—	1,641	130.00–140.00	132.30
2	—	1,393	110.00–125.00	117.54
Cows — Boner 80-85%$ per cwt · actual wt
16	—	1,217	112.00–121.00	115.44
2	—	1,178	125.00–135.00	129.84
5	—	1,153	100.00–105.00	102.73
Cows — Lean 85-90%$ per cwt · actual wt
5	—	983	107.00–110.00	108.61
3	—	933	95.00–99.00	97.35

Replacement Cattle

As reported

Age	Stage	Head	Wt range	Avg wt	Price range	Avg price
Cow-Calf Pairs — Medium and Large 1-2$ per head · actual wt
Middle Aged (5-8 yrs)	Open	2	—	1,248	2,025.00–2,175.00	2,107.97

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

Slaughter Cattle

Replacement Cattle