Name: Hope Livestock Auction Inc. livestock auction prices — 2024-06-06
Creator: RaisedBeef
Published: 2024-06-06

Reporter comment USDA

As filed

Compared to last week: Feeder steers unevenly steady. Feeder heifers 2.00-7.00 higher. Slaughter cows 2.00-5.00 lower. Slaughter bulls no trend on light test. Quality was average.

Weight class

Steers · summary 500–600 lb

Weighted average of every reported lot

500–600 lb steers averaged $281.60/cwt on 43 head. That ranks 1 of 28 comparable sales and sits −139.75 against this barn's trailing median of $421.35.

Average price

$281.60

43 head · 550 lb average

Value per head Derived

$1,548

Price × average weight ÷ 100

Grade differential Derived

$305

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

$38.54/cwt at this weight

vs the market

−4.00

vs AR average

−27.56 vs national

What quality paid 500–600 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1	555	286.98	1,592	37
Medium and Large 2	518	248.44	1,287	6thin

One grade step is worth $38.54/cwt here — about $305 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 sale43 hd

281.60

—

AR average10 barns · 533 hd

285.60

−4.00

National average164 barns · 13,053 hd

309.16

−27.56

This barn, trailing median28 sales

421.35

−139.75

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.

Class	Grade	Dressing	Avg wt	$/cwt	$/head	Head
Bulls	—	Low	1,564	122.34	1,913	3thin
Cows	Breaker 75-80%	Average	1,670	124.00	2,071	1thin
Cows	Boner 80-85%	Average	1,245	122.63	1,527	24
Cows	Lean 85-90%	Average	955	108.99	1,041	13

Every lot, as filed

50 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
Heifers	Medium and Large 1	600–650	618	240.76/cwt	233.00–255.00	1,488	4
Steers	Medium and Large 1	800–850	800	227.50/cwt	227.50–227.50	1,820	1
Heifers	Medium and Large 1	450–500	473	281.41/cwt	265.00–295.00	1,331	7
Bulls	Medium and Large 1	450–500	485	285.00/cwt	285.00–285.00	1,382	3
Heifers	Medium and Large 1Replacement	700–750	700	277.50/cwt	277.50–277.50	1,943	1
Steers	Medium and Large 1	300–350	337	361.96/cwt	350.00–375.00	1,220	5
Steers	Medium and Large 1	750–800	763	243.34/cwt	240.00–250.00	1,857	3
Heifers	Medium and Large 1	400–450	421	290.25/cwt	265.00–310.00	1,222	11
Bulls	Medium and Large 1	700–750	723	230.02/cwt	225.00–235.00	1,663	2
Bulls	Medium and Large 1	600–650	623	228.19/cwt	220.00–237.00	1,422	2
Steers	Medium and Large 1	500–550	521	291.07/cwt	285.00–307.50	1,516	11
Heifers	Medium and Large 1	300–350	310	317.50/cwt	317.50–317.50	984	1
Steers	Medium and Large 1	600–650	614	276.56/cwt	267.00–295.00	1,698	11
Steers	Medium and Large 1	400–450	426	317.93/cwt	295.00–350.00	1,354	14
Steers	Medium and Large 1	350–400	376	348.66/cwt	325.00–375.00	1,311	10
Steers	Medium and Large 1	450–500	473	301.77/cwt	280.00–317.50	1,427	8
Steers	Medium and Large 1	700–750	707	253.69/cwt	243.00–262.00	1,794	3
Heifers	Medium and Large 1	550–600	579	246.69/cwt	243.00–270.00	1,428	16
Heifers	Medium and Large 1	500–550	531	262.09/cwt	255.00–272.50	1,392	7
Bulls	—	—	1,398	116.01/cwt	115.00–117.00	1,622	2
Bulls	—	—	1,895	135.00/cwt	135.00–135.00	2,558	1
Cows	Lean 85-90%	—	964	109.79/cwt	105.00–116.00	1,058	10
Cows	Breaker 75-80%	—	1,670	124.00/cwt	124.00–124.00	2,071	1
Cows	Lean 85-90%	—	785	80.00/cwt	80.00–80.00	628	1
Cows	Lean 85-90%	—	993	119.48/cwt	119.00–120.00	1,186	2
Heifers	Medium and Large 1	350–400	381	301.36/cwt	285.00–317.50	1,148	9
Heifers	Medium and Large 1Value Added	650–700	670	242.50/cwt	242.50–242.50	1,625	2
Steers	Medium and Large 1	550–600	569	285.25/cwt	270.00–305.00	1,623	26
Heifers	Medium and Large 1Replacement	550–600	595	295.00/cwt	295.00–295.00	1,755	1
Steers	Medium and Large 2	350–400	388	288.39/cwt	285.00–295.00	1,119	3
Steers	Medium and Large 1Value Added	600–650	615	282.50/cwt	282.50–282.50	1,737	3
Steers	Medium and Large 1Value Added	650–700	670	275.00/cwt	275.00–275.00	1,843	3
Heifers	Medium and Large 2	300–350	313	263.97/cwt	260.00–268.00	826	2
Steers	Medium and Large 2	300–350	325	290.00/cwt	290.00–290.00	943	1
Steers	Medium and Large 2	450–500	460	268.00/cwt	268.00–268.00	1,233	1
Heifers	Medium and Large 2	500–550	535	226.64/cwt	225.00–230.00	1,213	3
Steers	Medium and Large 1	650–700	672	257.94/cwt	245.00–275.00	1,733	19
Heifers	Medium and Large 1Value Added	550–600	570	270.00/cwt	270.00–270.00	1,539	2
Heifers	Medium and Large 1Fleshy	500–550	500	240.00/cwt	240.00–240.00	1,200	1
Bulls	Medium and Large 1	650–700	667	239.06/cwt	235.00–245.00	1,595	3
Heifers	Medium and Large 2	350–400	370	255.07/cwt	250.00–260.00	944	4
Heifers	Medium and Large 2	400–450	423	249.45/cwt	245.00–255.00	1,055	3
Steers	Medium and Large 2	500–550	518	248.44/cwt	235.00–255.00	1,287	6
Heifers	Medium and Large 2	450–500	466	240.55/cwt	235.00–245.00	1,121	8
Cows	Boner 80-85%	—	1,283	125.11/cwt	119.00–134.00	1,605	20
Cows	Boner 80-85%	—	1,054	110.26/cwt	110.00–111.00	1,162	4
Bulls	Medium and Large 1	500–550	511	271.11/cwt	260.00–275.00	1,385	4
Bulls	Medium and Large 1	550–600	573	256.13/cwt	250.00–262.00	1,468	4
Heifers	Medium and Large 1	650–700	675	232.38/cwt	220.00–247.50	1,569	3
Heifers	Medium and Large 1	700–750	713	228.14/cwt	218.00–232.00	1,627	6

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 Jun 6, 2024

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

Feeder CattleReceipts 390Last week 386Year ago 614

Slaughter CattleReceipts 81Last week 157Year ago 177

Compared to last week: Feeder steers unevenly steady. Feeder heifers 2.00-7.00 higher. Slaughter cows 2.00-5.00 lower. Slaughter bulls no trend on light test. Quality was average.

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1$ per cwt · actual wt
1	300–350	310	317.50	317.50
9	350–400	381	285.00–317.50	301.36
11	400–450	421	265.00–310.00	290.25
7	450–500	473	265.00–295.00	281.41
7	500–550	531	255.00–272.50	262.09
16	550–600	579	243.00–270.00	246.69
4	600–650	618	233.00–255.00	240.76
3	650–700	675	220.00–247.50	232.38
6	700–750	713	218.00–232.00	228.14
Heifers — Medium and Large 1 · Replacement$ per cwt · actual wt
1	550–600	595	295.00	295.00
1	700–750	700	277.50	277.50
Heifers — Medium and Large 1 · Value Added$ per cwt · actual wt
2	550–600	570	270.00	270.00
2	650–700	670	242.50	242.50
Heifers — Medium and Large 2$ per cwt · actual wt
2	300–350	313	260.00–268.00	263.97
4	350–400	370	250.00–260.00	255.07
3	400–450	423	245.00–255.00	249.45
8	450–500	466	235.00–245.00	240.55
3	500–550	535	225.00–230.00	226.64
Heifers — Medium and Large 1 · Fleshy$ per cwt · actual wt
1	500–550	500	240.00	240.00
Steers — Medium and Large 1$ per cwt · actual wt
5	300–350	337	350.00–375.00	361.96
10	350–400	376	325.00–375.00	348.66
14	400–450	426	295.00–350.00	317.93
8	450–500	473	280.00–317.50	301.77
11	500–550	521	285.00–307.50	291.07
26	550–600	569	270.00–305.00	285.25
11	600–650	614	267.00–295.00	276.56
19	650–700	672	245.00–275.00	257.94
3	700–750	707	243.00–262.00	253.69
3	750–800	763	240.00–250.00	243.34
1	800–850	800	227.50	227.50
Steers — Medium and Large 2$ per cwt · actual wt
1	300–350	325	290.00	290.00
3	350–400	388	285.00–295.00	288.39
1	450–500	460	268.00	268.00
6	500–550	518	235.00–255.00	248.44
Steers — Medium and Large 1 · Value Added$ per cwt · actual wt
3	600–650	615	282.50	282.50
3	650–700	670	275.00	275.00
Bulls — Medium and Large 1$ per cwt · actual wt
3	450–500	485	285.00	285.00
4	500–550	511	260.00–275.00	271.11
4	550–600	573	250.00–262.00	256.13
2	600–650	623	220.00–237.00	228.19
3	650–700	667	235.00–245.00	239.06
2	700–750	723	225.00–235.00	230.02

Slaughter Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Bulls$ per cwt · actual wt
2	—	1,398	115.00–117.00	116.01
1	—	1,895	135.00	135.00
Cows — Lean 85-90%$ per cwt · actual wt
10	—	964	105.00–116.00	109.79
1	—	785	80.00	80.00
2	—	993	119.00–120.00	119.48
Cows — Breaker 75-80%$ per cwt · actual wt
1	—	1,670	124.00	124.00
Cows — Boner 80-85%$ per cwt · actual wt
20	—	1,283	119.00–134.00	125.11
4	—	1,054	110.00–111.00	110.26

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.