Sale reports / Arkansas / Hope Livestock Auction Inc. / 2024-06-20

Hope Livestock Auction Inc.

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Hope, Arkansas · Thu, Jun 20
● Final59 lots reportedUSDA AMS · slug 2058
Feeder Cattle receipts
549 head
124 vs last sale 425 263 vs year ago 812 · 32.4%
Slaughter Cattle receipts
191 head
85 vs last sale 106 16 vs year ago 207 · 7.7%
Replacement Cattle receipts
90 head
80 vs last sale 10 55 vs year ago 35 · +157.1%
View

Reporter comment USDA

As filed

Compared to last week: Feeder steers under 400 lbs. 4.00-10.00 higher; over 400 lbs. 4.00-7.00 lower. Feeder heifers 4.00-6.00 higher except 400-500 lb. were 5.00-7.00 lower. Slaughter cows steady to 2.00 higher. Slaughter bulls 3.00-5.00 higher. Quality was average. Sold some nice take home cows during the stock cow special. Buyers were aggressive on the front end replacement cattle. Fleshy new crop calves are getting discounted.

Weight class

Steers · summary 500–600 lb

Weighted average of every reported lot
500–600 lb steers averaged $279.65/cwt on 24 head. That ranks 1 of 28 comparable sales and sits 141.70 against this barn's trailing median of $421.35.
Average price
$279.65
24 head · 548 lb average
Value per head Derived
$1,532
Price × average weight ÷ 100
Grade differential Derived
$323
per head · Medium and Large 1 over Medium and Large 2
$37.80/cwt at this weight
vs the market
6.58
vs AR average
21.01 vs national

What quality paid 500–600 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1552282.801,56022
Medium and Large 2505245.001,2372thin
One grade step is worth $37.80/cwt here — about $323 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 sale24 hd
279.65
AR average10 barns · 318 hd
286.23
−6.58
National average144 barns · 7,865 hd
300.66
−21.01
This barn, trailing median28 sales
421.35
−141.70
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
BullsAverage1,681148.492,49613
CowsBreaker 75-80%Average1,597132.882,1223thin
CowsBoner 80-85%Low1,228129.971,59632
CowsLean 85-90%Average955116.501,1136thin

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)1,095$2,4412thin
Bred Cows2nd Stage (4-6 mo)Middle Aged (5-8 yrs)1,170$1,99015
Bred Cows2nd Stage (4-6 mo)Aged (>8 yrs)1,020$1,4751thin
Bred Heifers2nd Stage (4-6 mo)Young (2-4 yrs)1,085$1,9001thin
Cow-Calf Pairs1st Stage (1-3 mo)Middle Aged (5-8 yrs)1,480$3,0001thin
Cow-Calf PairsOpenMiddle Aged (5-8 yrs)1,481$2,67140
Cow-Calf PairsOpenYoung (2-4 yrs)1,103$2,5415
Cow-Calf PairsOpenAged (>8 yrs)1,250$2,0777

Every lot, as filed

59 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 1700–750716221.37/cwt215.00–227.501,5854
Cow-Calf PairsMedium and Large 1-21,1652,319.85/head2,125.00–2,525.002,3202
SteersMedium and Large 1350–400363337.25/cwt320.00–370.001,22414
SteersMedium and Large 1300–350318345.08/cwt330.00–375.001,0976
SteersMedium and Large 1650–700670274.22/cwt267.50–280.001,8373
HeifersMedium and Large 1500–550518262.29/cwt252.50–280.001,3598
SteersMedium and Large 1450–500469294.42/cwt275.00–317.501,38111
SteersMedium and Large 1800–850840230.00/cwt230.00–230.001,9321
HeifersMedium and Large 1450–500466260.62/cwt250.00–268.001,2146
SteersMedium and Large 1700–750729253.69/cwt245.00–260.001,8494
SteersMedium and Large 1400–450415308.30/cwt290.00–325.001,27911
SteersMedium and Large 1550–600579278.01/cwt265.00–295.001,61010
BullsMedium and Large 1500–550524259.98/cwt252.00–265.001,3624
HeifersMedium and Large 1750–800775200.00/cwt200.00–200.001,5501
HeifersMedium and Large 1650–700669234.16/cwt222.50–257.501,5676
BullsMedium and Large 1450–500473275.00/cwt270.00–280.001,3014
BullsMedium and Large 1750–800768225.67/cwt222.00–230.001,7333
HeifersMedium and Large 1600–650613236.79/cwt228.00–245.001,4526
HeifersMedium and Large 1400–450425268.44/cwt260.00–277.501,1412
SteersMedium and Large 1Fancy350–400350380.00/cwt380.00–380.001,3301
HeifersMedium and Large 1300–350335297.89/cwt290.00–307.509987
HeifersMedium and Large 1350–400365292.28/cwt280.00–312.501,0676
HeifersMedium and Large 1550–600575255.24/cwt245.00–267.501,4688
CowsBoner 80-85%1,052117.85/cwt115.00–120.001,2407
CowsBoner 80-85%1,412141.64/cwt141.00–143.002,0003
CowsBoner 80-85%1,259132.24/cwt128.00–140.001,66522
Bulls1,681148.49/cwt143.00–155.002,49613
CowsLean 85-90%955116.50/cwt115.00–118.001,1136
CowsBreaker 75-80%1,597132.88/cwt131.00–134.002,1223
Cow-Calf PairsMedium and Large 1-21,2442,089.90/head2,025.00–2,175.002,0906
Cow-Calf PairsMedium and Large 1-21,3462,548.43/head2,300.00–2,875.002,54820
Cow-Calf PairsMedium and Large 1-21,2602,729.02/head2,600.00–2,825.002,7292
SteersMedium and Large 1600–650621267.81/cwt252.50–287.501,6638
Bred CowsMedium and Large 1-21,0201,475.00/head1,475.00–1,475.001,4751
SteersMedium and Large 1750–800770232.53/cwt230.00–235.001,7902
Bred CowsMedium and Large 1-21,0952,441.27/head2,300.00–2,575.002,4412
Bred HeifersMedium and Large 1-21,0851,900.00/head1,900.00–1,900.001,9001
Stock CowsMedium and Large 1-2850166.59/cwt162.00–175.001,4163
Cow-Calf PairsMedium and Large 1-21,2852,000.00/head2,000.00–2,000.002,0001
SteersMedium and Large 2400–450428262.10/cwt255.00–270.001,1226
Cow-Calf PairsMedium and Large 1-29982,415.69/head2,300.00–2,475.002,4163
SteersMedium and Large 2300–350322292.22/cwt285.00–305.009413
SteersMedium and Large 2500–550505245.00/cwt245.00–245.001,2372
HeifersMedium and Large 2400–450429243.78/cwt240.00–245.001,0464
Cow-Calf PairsMedium and Large 1-21,6662,846.75/head2,550.00–3,075.002,84718
HeifersMedium and Large 2300–350326257.47/cwt250.00–262.008396
Bred CowsMedium and Large 1-21,1701,990.05/head1,750.00–2,300.001,99015
SteersMedium and Large 2450–500470257.53/cwt250.00–260.001,2104
HeifersMedium and Large 2500–550510235.05/cwt230.00–240.001,1994
HeifersMedium and Large 2350–400373255.03/cwt250.00–260.009512
SteersMedium and Large 2350–400373287.08/cwt275.00–300.001,0715
Cow-Calf PairsMedium and Large 1-21,4803,000.00/head3,000.00–3,000.003,0001
HeifersMedium and Large 2450–500478236.24/cwt230.00–245.001,1294
SteersMedium and Large 1Fancy300–350326383.75/cwt380.00–385.001,2514
HeifersMedium and Large 1Fleshy550–600560220.00/cwt220.00–220.001,2322
BullsMedium and Large 1650–700650227.50/cwt227.50–227.501,4791
BullsMedium and Large 1550–600583250.71/cwt245.00–257.001,4623
BullsMedium and Large 1600–650640249.00/cwt245.00–255.001,5943
SteersMedium and Large 1500–550529286.80/cwt270.00–305.001,51712

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.