Name: Hope Livestock Auction Inc. livestock auction prices — 2024-05-30
Creator: RaisedBeef
Published: 2024-05-30

Reporter comment USDA

As filed

Compared to last week: Feeder steers under 400 lbs. 10.00-15.00 higher; over 400 lbs. 3.00-8.00 lower. Feeder heifers 3.00-10.00 lower except 500-600lb were 5.00-10.00 higher. Slaughter cows steady to 2.00 lower. Slaughter bulls steady. Quality was average. Market was little softer, but still strong.

Weight class

Steers · summary 500–600 lb

Weighted average of every reported lot

500–600 lb steers averaged $274.16/cwt on 30 head. That ranks 1 of 28 comparable sales and sits −147.19 against this barn's trailing median of $421.35.

Average price

$274.16

30 head · 546 lb average

Value per head Derived

$1,498

Price × average weight ÷ 100

Grade differential Derived

$314

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

$46.04/cwt at this weight

vs the market

−22.44

vs AR average

−30.98 vs national

What quality paid 500–600 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1	554	288.76	1,599	20
Medium and Large 1-2	555	265.00	1,471	1thin
Medium and Large 2	529	242.72	1,285	9thin

One grade step is worth $46.04/cwt here — about $314 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

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 sale30 hd

274.16

—

AR average10 barns · 731 hd

296.60

−22.44

National average125 barns · 5,668 hd

305.14

−30.98

This barn, trailing median28 sales

421.35

−147.19

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	1,603	136.76	2,193	9thin
Cows	Boner 80-85%	Low	1,215	126.98	1,543	58
Cows	Breaker 75-80%	Average	1,361	123.94	1,687	4thin
Cows	Lean 85-90%	Average	1,001	110.29	1,104	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
Bred Cows	2nd Stage (4-6 mo)	Young (2-4 yrs)	1,230	$1,725	1thin
Bred Cows	2nd Stage (4-6 mo)	Middle Aged (5-8 yrs)	1,070	$1,686	2thin
Bred Cows	1st Stage (1-3 mo)	Middle Aged (5-8 yrs)	972	$1,500	1thin
Cow-Calf Pairs	Open	Middle Aged (5-8 yrs)	1,105	$2,125	1thin

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.

Class	Grade / description	Weight	Avg wt	Price	Range	Per head	Head
Steers	Medium and Large 2	500–550	515	244.01/cwt	235.00–257.00	1,257	6
Heifers	Medium and Large 1Replacement	650–700	650	325.00/cwt	325.00–325.00	2,113	1
Heifers	Medium and Large 1	400–450	419	282.59/cwt	265.00–300.00	1,184	8
Heifers	Medium and Large 1	450–500	474	270.61/cwt	260.00–277.50	1,283	9
Steers	Medium and Large 1	700–750	715	252.94/cwt	242.50–270.00	1,809	4
Steers	Medium and Large 1-2	550–600	555	265.00/cwt	265.00–265.00	1,471	1
Steers	Medium and Large 1-2	400–450	438	278.04/cwt	270.00–285.00	1,218	4
Steers	Medium and Large 1	850–900	883	206.99/cwt	205.00–209.00	1,828	2
Heifers	Medium and Large 1	350–400	386	298.88/cwt	280.00–315.00	1,154	6
Steers	Medium and Large 1	650–700	671	253.18/cwt	242.50–267.50	1,699	10
Steers	Medium and Large 1	800–850	825	218.58/cwt	211.00–230.00	1,803	3
Steers	Medium and Large 1	550–600	573	283.46/cwt	270.00–295.00	1,624	8
Heifers	Medium and Large 1Replacement	600–650	618	285.86/cwt	272.50–300.00	1,767	2
Heifers	Medium and Large 1	650–700	675	220.00/cwt	220.00–220.00	1,485	1
Bulls	Medium and Large 1	700–750	730	235.00/cwt	235.00–235.00	1,716	1
Steers	Medium and Large 1Fancy	400–450	430	365.00/cwt	365.00–365.00	1,570	1
Heifers	Medium and Large 1	500–550	520	269.29/cwt	257.50–275.00	1,400	8
Heifers	Medium and Large 1	550–600	571	248.69/cwt	235.00–257.50	1,420	6
Steers	Medium and Large 1Value Added	650–700	655	277.98/cwt	272.50–282.50	1,821	5
Bulls	Medium and Large 1	550–600	576	257.17/cwt	250.00–270.00	1,481	7
Steers	Medium and Large 1	500–550	532	288.93/cwt	275.00–305.00	1,537	9
Bulls	Medium and Large 1	450–500	479	278.58/cwt	267.50–287.50	1,334	8
Bulls	—	—	1,670	142.70/cwt	135.00–153.00	2,383	7
Bulls	—	—	1,370	115.96/cwt	112.00–120.00	1,589	2
Cows	Lean 85-90%	—	1,001	110.29/cwt	103.00–115.00	1,104	8
Cows	Breaker 75-80%	—	1,361	123.94/cwt	121.00–127.00	1,687	4
Cows	Boner 80-85%	—	1,071	115.33/cwt	110.00–118.00	1,235	13
Cows	Boner 80-85%	—	1,281	142.13/cwt	141.00–145.00	1,821	5
Steers	Medium and Large 1	900–950	910	209.00/cwt	209.00–209.00	1,902	1
Heifers	Medium and Large 1	700–750	714	220.52/cwt	217.50–230.00	1,575	6
Bulls	Medium and Large 1	500–550	531	256.75/cwt	252.50–265.00	1,363	4
Bulls	Medium and Large 1	600–650	607	248.32/cwt	240.00–255.00	1,507	3
Bulls	Medium and Large 1	750–800	775	200.00/cwt	200.00–200.00	1,550	1
Cows	Boner 80-85%	—	1,254	128.87/cwt	122.00–138.00	1,616	40
Heifers	Medium and Large 2	600–650	607	208.38/cwt	200.00–215.00	1,265	3
Bred Cows	Medium and Large 1-2	—	1,070	1,686.27/head	1,675.00–1,700.00	1,686	2
Bred Cows	Medium and Large 1-2	—	972	1,500.00/head	1,500.00–1,500.00	1,500	1
Steers	Medium and Large 2	450–500	475	258.90/cwt	250.00–265.00	1,230	8
Heifers	Medium and Large 2	350–400	380	247.92/cwt	240.00–260.00	942	6
Steers	Medium and Large 1	400–450	423	315.31/cwt	285.00–340.00	1,334	6
Steers	Medium and Large 2	300–350	326	298.70/cwt	285.00–305.00	974	4
Steers	Medium and Large 1	350–400	377	353.60/cwt	325.00–385.00	1,333	6
Steers	Medium and Large 1Value Added	600–650	602	290.64/cwt	282.50–297.50	1,750	6
Steers	Medium and Large 2	350–400	386	284.32/cwt	270.00–305.00	1,097	7
Heifers	Medium and Large 2	500–550	523	225.16/cwt	220.00–235.00	1,178	3
Heifers	Medium and Large 2	400–450	427	236.37/cwt	230.00–245.00	1,009	6
Bred Cows	Medium and Large 1-2	—	1,230	1,725.00/head	1,725.00–1,725.00	1,725	1
Steers	Medium and Large 1	300–350	310	365.16/cwt	360.00–370.00	1,132	3
Steers	Medium and Large 1	600–650	626	263.94/cwt	250.00–277.50	1,652	5
Cow-Calf Pairs	Medium and Large 1-2	—	1,105	2,125.00/head	2,125.00–2,125.00	2,125	1
Steers	Medium and Large 2	400–450	423	266.78/cwt	260.00–272.50	1,128	4
Heifers	Medium and Large 2	550–600	565	217.46/cwt	215.00–220.00	1,229	2
Steers	Medium and Large 1-2	450–500	488	272.31/cwt	265.00–282.50	1,329	4
Heifers	Medium and Large 1	600–650	617	236.69/cwt	230.00–240.00	1,460	6
Steers	Medium and Large 1	450–500	477	303.61/cwt	285.00–320.00	1,448	6
Steers	Medium and Large 1Value Added	550–600	567	302.38/cwt	292.50–307.50	1,714	3
Steers	Medium and Large 2	550–600	558	240.15/cwt	230.00–250.00	1,340	3

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 30, 2024

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

Feeder CattleReceipts 386Last week 259Year ago 577

Slaughter CattleReceipts 157Last week 93Year ago 141

Replacement CattleReceipts 10Last week 15Year ago 15

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 2$ per cwt · actual wt
4	300–350	326	285.00–305.00	298.70
7	350–400	386	270.00–305.00	284.32
4	400–450	423	260.00–272.50	266.78
8	450–500	475	250.00–265.00	258.90
6	500–550	515	235.00–257.00	244.01
3	550–600	558	230.00–250.00	240.15
Steers — Medium and Large 1$ per cwt · actual wt
3	300–350	310	360.00–370.00	365.16
6	350–400	377	325.00–385.00	353.60
6	400–450	423	285.00–340.00	315.31
6	450–500	477	285.00–320.00	303.61
9	500–550	532	275.00–305.00	288.93
8	550–600	573	270.00–295.00	283.46
5	600–650	626	250.00–277.50	263.94
10	650–700	671	242.50–267.50	253.18
4	700–750	715	242.50–270.00	252.94
3	800–850	825	211.00–230.00	218.58
2	850–900	883	205.00–209.00	206.99
1	900–950	910	209.00	209.00
Steers — Medium and Large 1-2$ per cwt · actual wt
4	400–450	438	270.00–285.00	278.04
4	450–500	488	265.00–282.50	272.31
1	550–600	555	265.00	265.00
Steers — Medium and Large 1 · Fancy$ per cwt · actual wt
1	400–450	430	365.00	365.00
Steers — Medium and Large 1 · Value Added$ per cwt · actual wt
3	550–600	567	292.50–307.50	302.38
6	600–650	602	282.50–297.50	290.64
5	650–700	655	272.50–282.50	277.98
Heifers — Medium and Large 1 · Replacement$ per cwt · actual wt
2	600–650	618	272.50–300.00	285.86
1	650–700	650	325.00	325.00
Heifers — Medium and Large 1$ per cwt · actual wt
6	350–400	386	280.00–315.00	298.88
8	400–450	419	265.00–300.00	282.59
9	450–500	474	260.00–277.50	270.61
8	500–550	520	257.50–275.00	269.29
6	550–600	571	235.00–257.50	248.69
6	600–650	617	230.00–240.00	236.69
1	650–700	675	220.00	220.00
6	700–750	714	217.50–230.00	220.52
Heifers — Medium and Large 2$ per cwt · actual wt
6	350–400	380	240.00–260.00	247.92
6	400–450	427	230.00–245.00	236.37
3	500–550	523	220.00–235.00	225.16
2	550–600	565	215.00–220.00	217.46
3	600–650	607	200.00–215.00	208.38
Bulls — Medium and Large 1$ per cwt · actual wt
8	450–500	479	267.50–287.50	278.58
4	500–550	531	252.50–265.00	256.75
7	550–600	576	250.00–270.00	257.17
3	600–650	607	240.00–255.00	248.32
1	700–750	730	235.00	235.00
1	750–800	775	200.00	200.00

Slaughter Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Bulls$ per cwt · actual wt
7	—	1,670	135.00–153.00	142.70
2	—	1,370	112.00–120.00	115.96
Cows — Lean 85-90%$ per cwt · actual wt
8	—	1,001	103.00–115.00	110.29
Cows — Breaker 75-80%$ per cwt · actual wt
4	—	1,361	121.00–127.00	123.94
Cows — Boner 80-85%$ per cwt · actual wt
13	—	1,071	110.00–118.00	115.33
5	—	1,281	141.00–145.00	142.13
40	—	1,254	122.00–138.00	128.87

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)	2	—	1,070	1,675.00–1,700.00	1,686.27
Middle Aged (5-8 yrs)	1st Stage (1-3 mo)	1	—	972	1,500.00	1,500.00
Young (2-4 yrs)	2nd Stage (4-6 mo)	1	—	1,230	1,725.00	1,725.00
Cow-Calf Pairs — Medium and Large 1-2$ per head · actual wt
Middle Aged (5-8 yrs)	Open	1	—	1,105	2,125.00	2,125.00

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