Sale reports / Arkansas / Hope Livestock Auction Inc. / 2024-06-13

Hope Livestock Auction Inc.

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Hope, Arkansas · Thu, Jun 13
● Final51 lots reportedUSDA AMS · slug 2058
Feeder Cattle receipts
425 head
35 vs last sale 390 461 vs year ago 886 · 52.0%
Slaughter Cattle receipts
106 head
25 vs last sale 81 254 vs year ago 360 · 70.6%
Replacement Cattle receipts
10 head
10 vs last sale 0 150 vs year ago 160 · 93.8%
View

Reporter comment USDA

As filed

Compared to last week: Feeder steers under 500 lbs. 2.00-12.00 lower; over 500 lbs. 2.00-8.00 higher. Feeder heifers 3.00-12.00 lower. Slaughter cows 3.00-6.00 higher. Slaughter bulls 2.00-4.00 higher. Quality was average to plain. Sold two loads on video, to view results click this link (https://www.ams.usda.gov/mnreports/ams_3628.pdf). Next Thursday will be the third Thursday stock cow special. Over 200 stock cows already consigned.

Weight class

Steers · summary 500–600 lb

Weighted average of every reported lot
500–600 lb steers averaged $289.97/cwt on 19 head. That ranks 1 of 28 comparable sales and sits 131.39 against this barn's trailing median of $421.35.
Average price
$289.97
19 head · 545 lb average
Value per head Derived
$1,579
Price × average weight ÷ 100
Grade differential Derived
$322
per head · Medium and Large 1 over Medium and Large 2
$36.91/cwt at this weight
vs the market
+4.82
vs AR average
9.45 vs national

What quality paid 500–600 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1547291.911,59718thin
Medium and Large 2500255.001,2751thin
One grade step is worth $36.91/cwt here — about $322 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 sale19 hd
289.97
AR average8 barns · 283 hd
285.15
+4.82
National average149 barns · 7,793 hd
299.42
−9.45
This barn, trailing median28 sales
421.35
−131.39
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
BullsHigh1,601136.932,19215
CowsBreaker 75-80%High1,710141.002,4111thin
CowsBoner 80-85%Average1,253134.951,69134
CowsLean 85-90%Low885100.4088912

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 Cows2nd Stage (4-6 mo)Young (2-4 yrs)970$1,8751thin
Cow-Calf PairsOpenYoung (2-4 yrs)1,050$2,0001thin

Every lot, as filed

51 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
BullsMedium and Large 1600–650625250.00/cwt250.00–250.001,5631
CowsLean 85-90%74380.69/cwt75.00–88.006004
CowsBoner 80-85%1,213132.47/cwt125.00–140.001,60718
CowsBoner 80-85%1,381145.32/cwt141.00–151.002,00712
CowsBoner 80-85%1,048115.01/cwt108.00–118.001,2054
CowsBreaker 75-80%1,710141.00/cwt141.00–141.002,4111
CowsLean 85-90%956110.26/cwt104.00–117.001,0548
BullsMedium and Large 1750–800780222.50/cwt222.50–222.501,7361
BullsMedium and Large 1450–500475270.00/cwt270.00–270.001,2832
BullsMedium and Large 1500–550515260.00/cwt260.00–260.001,3392
BullsMedium and Large 1650–700660234.92/cwt230.00–240.001,5502
BullsMedium and Large 1550–600569256.74/cwt252.00–260.001,4614
SteersMedium and Large 1550–600567293.06/cwt285.00–307.501,6626
SteersMedium and Large 1450–500478291.09/cwt282.50–332.501,3918
HeifersMedium and Large 1650–700681230.01/cwt225.00–235.001,5664
HeifersMedium and Large 1350–400365288.99/cwt270.00–302.501,0555
HeifersMedium and Large 1400–450427276.49/cwt268.00–285.001,1815
SteersMedium and Large 1600–650615263.66/cwt260.00–275.001,6224
SteersMedium and Large 1500–550524292.60/cwt275.00–310.001,5339
SteersMedium and Large 1400–450417316.22/cwt300.00–342.501,31915
SteersMedium and Large 1750–800763233.30/cwt230.00–237.501,7803
SteersMedium and Large 1350–400379333.21/cwt320.00–355.001,2634
HeifersMedium and Large 1550–600571249.76/cwt240.00–262.501,4267
HeifersMedium and Large 1500–550521249.98/cwt245.00–260.001,30210
HeifersMedium and Large 1Value Added600–650625235.00/cwt235.00–235.001,4693
SteersMedium and Large 1700–750720265.00/cwt265.00–265.001,9081
SteersMedium and Large 1650–700685275.00/cwt275.00–275.001,8843
SteersMedium and Large 1300–350329334.22/cwt325.00–342.501,1005
SteersMedium and Large 1Value Added550–600575303.80/cwt297.50–310.001,7472
SteersMedium and Large 1Value Added650–700665277.50/cwt277.50–277.501,8451
Cow-Calf PairsMedium and Large 1-21,0502,000.00/head2,000.00–2,000.002,0001
Bred CowsMedium and Large 1-29701,875.00/head1,875.00–1,875.001,8751
Stock CowsMedium and Large 1-2820145.00/cwt145.00–145.001,1891
SteersMedium and Large 2500–550500255.00/cwt255.00–255.001,2751
SteersMedium and Large 2400–450418267.46/cwt265.00–270.001,1182
SteersMedium and Large 2300–350323286.56/cwt275.00–295.009265
SteersMedium and Large 2450–500483258.98/cwt255.00–262.001,2513
SteersMedium and Large 2350–400390277.40/cwt270.00–285.001,0824
HeifersMedium and Large 2500–550523226.88/cwt220.00–230.001,1874
HeifersMedium and Large 2350–400380244.82/cwt240.00–252.009305
HeifersMedium and Large 1600–650619230.65/cwt225.00–235.001,4286
HeifersMedium and Large 1450–500469269.45/cwt265.00–277.501,2645
HeifersMedium and Large 1300–350322287.80/cwt275.00–300.009276
HeifersMedium and Large 2400–450425239.84/cwt237.00–245.001,0193
HeifersMedium and Large 2450–500480234.55/cwt225.00–240.001,1265
HeifersMedium and Large 2550–600560220.00/cwt220.00–220.001,2321
Bulls1,813151.96/cwt151.00–153.002,7552
Bulls1,355117.68/cwt115.00–120.001,5953
Bulls1,632139.70/cwt128.00–150.002,28010
HeifersMedium and Large 1Fancy400–450428302.49/cwt300.00–305.001,2952
SteersMedium and Large 1Fleshy550–600580255.00/cwt255.00–255.001,4791

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.