Sale reports / Arkansas / Hope Livestock Auction Inc. / 2024-06-27

Hope Livestock Auction Inc.

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Hope, Arkansas · Thu, Jun 27
● Final55 lots reportedUSDA AMS · slug 2058
Feeder Cattle receipts
491 head
58 vs last sale 549 121 vs year ago 370 · +32.7%
Slaughter Cattle receipts
93 head
98 vs last sale 191 32 vs year ago 125 · 25.6%
Replacement Cattle receipts
10 head
80 vs last sale 90 10 vs year ago 20 · 50.0%
View

Reporter comment USDA

As filed

Compared to last week: Feeder steers 1.00-7.00 lower except 450lb.-600lb. being 2.00-4.00 higher. Feeder heifers 1.00-5.00 higher. Slaughter cows 2.00-4.00 higher. Slaughter bulls steady to 2.00 lower. Quality was average. There will be no sale next week due to July 4th holiday.

Weight class

Heifers · summary 500–600 lb

Weighted average of every reported lot
500–600 lb heifers averaged $252.17/cwt on 27 head. That ranks 1 of 29 comparable sales and sits 146.26 against this barn's trailing median of $398.43.
Average price
$252.17
27 head · 554 lb average
Value per head Derived
$1,398
Price × average weight ÷ 100
Grade differential Derived
$182
per head · Medium and Large 1 over Medium and Large 2
$28.96/cwt at this weight
vs the market
2.28
vs AR average
17.11 vs national

What quality paid 500–600 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1556256.461,42523
Medium and Large 2547227.501,2434thin
One grade step is worth $28.96/cwt here — about $182 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

29 sales
446405364323median 398.4312/1802/2604/1606/1108/13
Heifers 500–600 lb: high $432.07, low $337.27, median $398.43 across 29 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 sale27 hd
252.17
AR average10 barns · 409 hd
254.45
−2.28
National average153 barns · 8,958 hd
269.28
−17.11
This barn, trailing median29 sales
398.43
−146.26
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
BullsLow1,617141.192,2845thin
CowsBoner 80-85%Low1,216134.531,63631
CowsBreaker 75-80%Average1,548133.492,0662thin
CowsLean 85-90%Average979115.361,12910

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)Young (2-4 yrs)1,195$2,0501thin
Bred Cows2nd Stage (4-6 mo)Middle Aged (5-8 yrs)1,255$1,8001thin
Bred Heifers2nd Stage (4-6 mo)Young (2-4 yrs)900$1,8501thin
Cow-Calf PairsOpenMiddle Aged (5-8 yrs)1,455$2,5501thin

Every lot, as filed

55 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
SteersMedium and Large 1650–700678262.49/cwt250.00–273.001,7803
HeifersMedium and Large 2400–450429244.13/cwt240.00–255.001,0476
HeifersMedium and Large 1350–400368293.49/cwt277.50–310.001,08010
SteersMedium and Large 1500–550523286.68/cwt280.00–300.001,4994
SteersMedium and Large 1350–400376336.12/cwt312.00–350.001,2646
HeifersMedium and Large 1300–350321302.93/cwt285.00–317.5097210
HeifersMedium and Large 1Value Added300–350320317.50/cwt317.50–317.501,0161
SteersMedium and Large 2300–350328291.30/cwt290.00–292.009553
HeifersMedium and Large 1600–650622241.58/cwt230.00–257.501,5036
HeifersMedium and Large 1550–600561249.51/cwt237.50–263.001,4008
HeifersMedium and Large 1650–700660237.50/cwt237.50–237.501,5681
HeifersMedium and Large 1450–500468269.42/cwt255.00–285.001,2619
HeifersMedium and Large 1400–450422276.20/cwt265.00–290.001,16612
Bred CowsMedium and Large 1-21,2551,800.00/head1,800.00–1,800.001,8001
SteersMedium and Large 1550–600571286.05/cwt275.00–297.501,6336
HeifersMedium and Large 1500–550519257.88/cwt245.00–265.001,3384
HeifersMedium and Large 1700–750705221.86/cwt218.00–225.001,5643
BullsMedium and Large 1650–700669236.19/cwt235.00–238.001,5806
BullsMedium and Large 1500–550534262.12/cwt255.00–270.001,4006
HeifersMedium and Large 1Value Added450–500485275.94/cwt275.00–291.001,33817
SteersMedium and Large 1600–650612273.33/cwt260.00–285.001,6738
CowsBreaker 75-80%1,548133.49/cwt133.00–134.002,0662
CowsBoner 80-85%1,066119.40/cwt117.00–120.001,2735
CowsBoner 80-85%1,248136.37/cwt130.00–140.001,70223
CowsBoner 80-85%1,223145.62/cwt144.00–148.001,7813
Bulls1,455120.00/cwt120.00–120.001,7461
Bulls1,658146.49/cwt145.00–150.002,4294
BullsMedium and Large 1550–600583257.47/cwt250.00–265.001,5012
SteersMedium and Large 1Fancy400–450445335.00/cwt335.00–335.001,4911
SteersMedium and Large 1300–350324337.75/cwt325.00–365.001,09411
BullsMedium and Large 1450–500473277.00/cwt277.00–277.001,3104
CowsLean 85-90%981114.29/cwt110.00–120.001,1219
CowsLean 85-90%960125.00/cwt125.00–125.001,2001
SteersMedium and Large 2500–550517255.87/cwt250.00–260.001,3237
HeifersMedium and Large 2450–500460241.54/cwt238.00–245.001,1114
HeifersMedium and Large 2350–400378249.34/cwt242.00–260.009438
HeifersMedium and Large 2500–550528230.00/cwt230.00–230.001,2142
SteersMedium and Large 1700–750720243.00/cwt243.00–243.001,7501
BullsMedium and Large 1700–750710220.99/cwt220.00–222.001,5692
SteersMedium and Large 2350–400385270.00/cwt270.00–270.001,0402
SteersMedium and Large 2450–500464263.40/cwt260.00–267.001,2224
SteersMedium and Large 2400–450420266.09/cwt260.00–270.001,1186
Bred HeifersMedium and Large 1-29001,850.00/head1,850.00–1,850.001,8501
Bred CowsMedium and Large 1-21,1952,050.00/head2,050.00–2,050.002,0501
SteersMedium and Large 2550–600570240.00/cwt240.00–240.001,3681
Cow-Calf PairsMedium and Large 1-21,4552,550.00/head2,550.00–2,550.002,5501
SteersMedium and Large 1750–800755230.00/cwt230.00–230.001,7371
HeifersMedium and Large 1Value Added550–600565261.00/cwt261.00–261.001,47511
SteersMedium and Large 1400–450423300.98/cwt280.00–330.001,27312
SteersMedium and Large 1450–500468297.30/cwt285.00–322.501,39110
HeifersMedium and Large 2550–600565225.00/cwt225.00–225.001,2712
SteersMedium and Large 1Value Added450–500485306.00/cwt306.00–306.001,48416
SteersMedium and Large 1Value Added500–550525300.00/cwt300.00–300.001,5751
SteersMedium and Large 1Value Added550–600595292.50/cwt292.50–292.501,7401
HeifersMedium and Large 1Value Added400–450440292.00/cwt292.00–292.001,2852

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.