Sale reports / Arkansas / Hope Livestock Auction Inc. / 2024-05-16

Hope Livestock Auction Inc.

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Hope, Arkansas · Thu, May 16
● Final71 lots reportedUSDA AMS · slug 2058
Feeder Cattle receipts
681 head
367 vs last sale 314 56 vs year ago 737 · 7.6%
Slaughter Cattle receipts
120 head
71 vs last sale 49 130 vs year ago 250 · 52.0%
Replacement Cattle receipts
50 head
40 vs last sale 10 125 vs year ago 175 · 71.4%
View

Reporter comment USDA

As filed

Compared to last week: Feeder steers under 550 lbs. unevenly steady; over 550 lbs. 5.00-10.00 lower. Feeder heifers unevenly steady. Slaughter cows 4.00-8.00 higher. Slaughter bulls 3.00-8.00 higher. Market was still strong in most classes of cattle. Heavier weight steers were softer this week. Slaughter cattle were higher after a light test last week. Stock cows were in high demand. Quality was average.

Weight class

Steers · summary 500–600 lb

Weighted average of every reported lot
500–600 lb steers averaged $289.78/cwt on 59 head. That ranks 1 of 28 comparable sales and sits 131.57 against this barn's trailing median of $421.35.
Average price
$289.78
59 head · 534 lb average
Value per head Derived
$1,549
Price × average weight ÷ 100
Grade differential Derived
$307
per head · Medium and Large 1 over Medium and Large 2
$52.78/cwt at this weight
vs the market
5.55
vs AR average
20.99 vs national

What quality paid 500–600 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1536297.831,59650
Medium and Large 2526245.051,2899thin
One grade step is worth $52.78/cwt here — about $307 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 sale59 hd
289.78
AR average10 barns · 477 hd
295.33
−5.55
National average163 barns · 10,302 hd
310.77
−20.99
This barn, trailing median28 sales
421.35
−131.57
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
BullsAverage1,588142.202,25815
CowsBoner 80-85%Average1,158123.321,42832
CowsLean 85-90%Low953108.831,0379thin

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)1,143$2,0122thin
Bred Cows2nd Stage (4-6 mo)Middle Aged (5-8 yrs)1,290$1,9001thin
BullsN/AYoung (2-4 yrs)1,890$3,0001thin
Cow-Calf PairsOpenMiddle Aged (5-8 yrs)1,281$2,41032
Cow-Calf PairsOpenYoung (2-4 yrs)1,100$2,4001thin
Cow-Calf PairsOpenAged (>8 yrs)1,228$2,1667

Every lot, as filed

71 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 1650–700675225.00/cwt225.00–225.001,5192
SteersMedium and Large 1300–350320344.38/cwt335.00–365.001,1028
HeifersMedium and Large 1Value Added450–500460293.71/cwt290.00–297.501,3516
HeifersMedium and Large 1Value Added550–600564272.69/cwt267.50–277.501,53811
SteersMedium and Large 1Value Added500–550527315.77/cwt310.00–320.001,6649
SteersMedium and Large 1700–750705225.00/cwt225.00–225.001,5862
SteersMedium and Large 1800–850840210.00/cwt210.00–210.001,7641
SteersMedium and Large 1750–800785227.50/cwt227.50–227.501,7861
SteersMedium and Large 1550–600576284.44/cwt275.00–292.501,63814
SteersMedium and Large 1Value Added300–350343362.48/cwt360.00–365.001,2434
HeifersMedium and Large 1350–400373300.55/cwt285.00–320.001,12111
SteersMedium and Large 1400–450428311.32/cwt295.00–335.001,33213
HeifersMedium and Large 1700–750728218.71/cwt215.00–225.001,5924
SteersMedium and Large 11050–11001,053188.76/cwt185.00–192.501,9882
SteersMedium and Large 1900–950915208.00/cwt208.00–208.001,9031
SteersMedium and Large 1600–650631266.26/cwt255.00–297.501,68012
HeifersMedium and Large 1750–800773211.52/cwt210.00–213.001,6352
HeifersMedium and Large 1800–850816208.78/cwt205.00–212.501,7044
HeifersMedium and Large 1300–350341307.02/cwt302.50–314.001,0475
BullsMedium and Large 1450–500468287.25/cwt280.00–290.001,3447
SteersMedium and Large 1950–1000955205.00/cwt205.00–205.001,9581
SteersMedium and Large 1500–550514294.55/cwt280.00–317.501,51422
HeifersMedium and Large 1550–600566259.65/cwt248.00–272.501,47015
BullsMedium and Large 1550–600553270.02/cwt265.00–275.001,4932
HeifersMedium and Large 1500–550523263.10/cwt255.00–277.501,37614
HeifersMedium and Large 1450–500476277.44/cwt265.00–295.001,32117
SteersMedium and Large 1350–400370348.01/cwt325.00–370.001,2889
SteersMedium and Large 1650–700674261.25/cwt250.00–275.001,7618
HeifersMedium and Large 1600–650616240.70/cwt222.50–262.501,4839
CowsLean 85-90%75560.00/cwt60.00–60.004531
CowsLean 85-90%1,025124.00/cwt124.00–124.001,2711
Bulls1,578142.07/cwt135.50–147.002,24212
CowsLean 85-90%971113.64/cwt110.00–117.001,1037
Bulls1,740155.11/cwt150.00–160.002,6992
CowsBoner 80-85%1,189125.72/cwt118.00–135.001,49519
BullsMedium and Large 1750–800750200.00/cwt200.00–200.001,5001
BullsMedium and Large 1700–750725212.00/cwt212.00–212.001,5371
SteersMedium and Large 1Fancy500–550507332.45/cwt322.50–347.501,6863
CowsBoner 80-85%1,053109.80/cwt107.00–112.001,1569
Bulls1,400118.00/cwt118.00–118.001,6521
CowsBoner 80-85%1,248142.38/cwt137.00–148.001,7774
HeifersMedium and Large 2300–350328259.85/cwt250.00–265.008524
SteersMedium and Large 2450–500464251.70/cwt245.00–257.501,1688
HeifersMedium and Large 2500–550523223.91/cwt220.00–235.001,1714
HeifersMedium and Large 1400–450426293.10/cwt275.00–315.001,24913
BullsMedium and Large 1500–550528268.49/cwt267.00–270.001,4184
BullsMedium and Large 1600–650613241.63/cwt240.00–245.001,4813
SteersMedium and Large 2500–550519245.06/cwt235.00–250.001,2727
HeifersMedium and Large 2550–600566216.53/cwt210.00–222.001,2266
HeifersMedium and Large 2400–450426242.57/cwt235.00–250.001,0334
HeifersMedium and Large 2600–650605210.00/cwt210.00–210.001,2711
SteersMedium and Large 2350–400376280.21/cwt275.00–290.001,0549
Bred CowsMedium and Large 1-21,1432,012.20/head2,000.00–2,025.002,0122
Bred CowsMedium and Large 1-21,223133.49/cwt129.00–136.001,6334
HeifersMedium and Large 2350–400372250.64/cwt245.00–255.009326
SteersMedium and Large 2300–350330292.17/cwt270.00–305.0096410
SteersMedium and Large 2400–450421262.51/cwt255.00–270.001,1057
SteersMedium and Large 2550–600550245.00/cwt245.00–245.001,3482
Cow-Calf PairsMedium and Large 1-21,5001,925.00/head1,925.00–1,925.001,9251
SteersMedium and Large 1Value Added600–650603295.63/cwt295.00–297.501,7834
HeifersMedium and Large 2450–500468232.88/cwt227.00–245.001,0906
Cow-Calf PairsMedium and Large 1-21,4502,750.00/head2,750.00–2,750.002,7501
BullsMedium and Large 1-21,8903,000.00/head3,000.00–3,000.003,0001
Bred CowsMedium and Large 1-21,2901,900.00/head1,900.00–1,900.001,9001
SteersMedium and Large 1Value Added550–600580295.00/cwt295.00–295.001,7112
SteersMedium and Large 1450–500474312.79/cwt285.00–335.001,48317
Cow-Calf PairsMedium and Large 1-21,1002,400.00/head2,400.00–2,400.002,4001
Cow-Calf PairsMedium and Large 1-21,2832,424.08/head1,900.00–2,875.002,42429
Cow-Calf PairsMedium and Large 1-21,1832,206.27/head2,100.00–2,350.002,2066
Cow-Calf PairsMedium and Large 1-21,1752,041.06/head1,900.00–2,200.002,0412
SteersMedium and Large 1Value Added450–500450350.00/cwt350.00–350.001,5752

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.