Name: Hope Livestock Auction Inc. livestock auction prices — 2024-07-11
Creator: RaisedBeef
Published: 2024-07-11

Reporter comment USDA

As filed

No trend due to no sale last week. Quality was average to plain. Slaughter cattle are still in high demand . All classes of feeder cattle had a strong market. Next Thursday will be the third Thursday stock cow special.

Sold a load on video, to view results click this link ( https://www.ams.usda.gov/mnreports/ams_3628.pdf ).

Weight class

Steers · summary 500–600 lb

Weighted average of every reported lot

500–600 lb steers averaged $271.93/cwt on 39 head. That ranks 1 of 28 comparable sales and sits −149.42 against this barn's trailing median of $421.35.

Average price

$271.93

39 head · 538 lb average

Value per head Derived

$1,464

Price × average weight ÷ 100

Grade differential Derived

$232

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

$32.72/cwt at this weight

vs the market

−20.19

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	545	281.16	1,531	28
Medium and Large 2	523	248.43	1,299	11thin

One grade step is worth $32.72/cwt here — about $232 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 sale39 hd

271.93

—

AR average11 barns · 513 hd

292.11

−20.19

National average160 barns · 9,699 hd

302.91

−30.98

This barn, trailing median28 sales

421.35

−149.42

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	—	High	1,646	141.06	2,322	14
Cows	Breaker 75-80%	Average	1,459	139.34	2,033	3thin
Cows	Boner 80-85%	Average	1,163	136.02	1,582	38
Cows	Lean 85-90%	Average	974	123.36	1,202	12

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
Cow-Calf Pairs	Open	Young (2-4 yrs)	1,385	$2,800	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 1	400–450	413	302.08/cwt	285.00–315.00	1,248	16
Steers	Medium and Large 1	350–400	363	326.03/cwt	310.00–340.00	1,183	6
Heifers	Medium and Large 1Value Added	400–450	405	290.00/cwt	290.00–290.00	1,175	2
Heifers	Medium and Large 1Value Added	450–500	452	285.82/cwt	282.50–287.50	1,292	3
Cow-Calf Pairs	Medium and Large 1-2	—	1,385	2,800.00/head	2,800.00–2,800.00	2,800	1
Bulls	Medium and Large 1	700–750	725	215.00/cwt	215.00–215.00	1,559	1
Bulls	Medium and Large 1	500–550	532	266.65/cwt	265.00–270.00	1,419	6
Heifers	Medium and Large 1	750–800	755	216.68/cwt	212.00–220.00	1,636	3
Heifers	Medium and Large 1	550–600	575	248.66/cwt	240.00–257.00	1,430	12
Steers	Medium and Large 1	600–650	621	260.01/cwt	250.00–275.00	1,615	13
Steers	Medium and Large 1Value Added	500–550	520	292.50/cwt	292.50–292.50	1,521	1
Heifers	Medium and Large 1	450–500	476	269.05/cwt	260.00–282.50	1,281	13
Heifers	Medium and Large 1	300–350	321	301.75/cwt	290.00–315.00	969	11
Heifers	Medium and Large 1Fleshy	550–600	590	230.00/cwt	230.00–230.00	1,357	1
Heifers	Medium and Large 1	400–450	417	280.01/cwt	270.00–300.00	1,168	11
Steers	Medium and Large 1	750–800	765	237.00/cwt	237.00–237.00	1,813	1
Steers	Medium and Large 1	700–750	715	246.67/cwt	237.00–257.00	1,764	7
Bulls	Medium and Large 1	650–700	657	232.67/cwt	225.00–240.00	1,529	3
Bulls	Medium and Large 1	600–650	607	231.99/cwt	230.00–235.00	1,408	3
Heifers	Medium and Large 1	600–650	620	234.65/cwt	228.00–247.00	1,455	20
Bulls	Medium and Large 1	450–500	475	277.14/cwt	277.00–278.00	1,316	7
Heifers	Medium and Large 1Fleshy	500–550	535	235.00/cwt	235.00–235.00	1,257	2
Cows	Lean 85-90%	—	972	121.85/cwt	114.00–128.00	1,184	10
Bulls	—	—	1,755	162.00/cwt	162.00–162.00	2,843	1
Cows	Breaker 75-80%	—	1,408	136.51/cwt	135.00–138.00	1,922	2
Cows	Breaker 75-80%	—	1,560	145.00/cwt	145.00–145.00	2,262	1
Cows	Boner 80-85%	—	1,184	138.03/cwt	133.00–145.00	1,634	29
Cows	Lean 85-90%	—	985	130.93/cwt	130.00–132.00	1,290	2
Heifers	Medium and Large 1Fancy	500–550	515	270.00/cwt	270.00–270.00	1,391	1
Steers	Medium and Large 1Fancy	300–350	305	380.00/cwt	380.00–380.00	1,159	1
Bulls	—	—	1,498	126.02/cwt	125.00–128.00	1,888	3
Cows	Boner 80-85%	—	1,069	125.24/cwt	120.00–129.00	1,339	7
Cows	Boner 80-85%	—	1,195	144.56/cwt	144.00–145.00	1,727	2
Bulls	—	—	1,680	143.48/cwt	135.00–150.00	2,410	10
Heifers	Medium and Large 2	350–400	388	268.30/cwt	267.50–270.00	1,041	3
Heifers	Medium and Large 2	550–600	565	230.09/cwt	225.00–235.00	1,300	2
Heifers	Medium and Large 1	700–750	718	222.48/cwt	220.00–227.00	1,597	4
Heifers	Medium and Large 1	650–700	668	228.22/cwt	225.00–230.00	1,525	5
Heifers	Medium and Large 1	500–550	521	257.44/cwt	245.00–267.00	1,341	12
Bulls	Medium and Large 1	550–600	578	252.35/cwt	240.00–260.00	1,459	11
Steers	Medium and Large 1	450–500	471	294.72/cwt	282.50–307.50	1,388	15
Heifers	Medium and Large 2	450–500	466	244.14/cwt	230.00–250.00	1,138	5
Heifers	Medium and Large 2	400–450	437	249.43/cwt	242.50–270.00	1,090	5
Steers	Medium and Large 2	550–600	568	242.47/cwt	235.00–250.00	1,377	2
Steers	Medium and Large 2	500–550	513	249.76/cwt	237.00–255.00	1,281	9
Steers	Medium and Large 2	450–500	468	260.75/cwt	255.00–270.00	1,220	8
Steers	Medium and Large 1	300–350	330	329.95/cwt	325.00–340.00	1,089	5
Steers	Medium and Large 2	350–400	376	284.33/cwt	275.00–300.00	1,069	8
Steers	Medium and Large 2	400–450	438	270.00/cwt	270.00–270.00	1,183	2
Heifers	Medium and Large 2	300–350	315	270.00/cwt	270.00–270.00	851	2
Heifers	Medium and Large 1	350–400	374	290.17/cwt	280.00–305.00	1,085	8
Steers	Medium and Large 1Value Added	550–600	585	307.50/cwt	307.50–307.50	1,799	1
Steers	Medium and Large 1	500–550	524	282.38/cwt	275.00–290.00	1,480	15
Steers	Medium and Large 1	650–700	669	249.92/cwt	240.00–269.00	1,672	7
Steers	Medium and Large 1	550–600	571	276.06/cwt	265.00–287.50	1,576	11
Steers	Medium and Large 2	300–350	333	293.18/cwt	275.00–300.00	976	8
Heifers	Medium and Large 1	800–850	820	210.00/cwt	210.00–210.00	1,722	1

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 Jul 11, 2024

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

Feeder CattleReceipts 609Last week 491Year ago 712

Slaughter CattleReceipts 144Last week 93Year ago 154

Replacement CattleReceipts 10Last week 10Year ago 15

Sold a load on video, to view results click this link ( https://www.ams.usda.gov/mnreports/ams_3628.pdf ).

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1$ per cwt · actual wt
5	300–350	330	325.00–340.00	329.95
6	350–400	363	310.00–340.00	326.03
16	400–450	413	285.00–315.00	302.08
15	450–500	471	282.50–307.50	294.72
15	500–550	524	275.00–290.00	282.38
11	550–600	571	265.00–287.50	276.06
13	600–650	621	250.00–275.00	260.01
7	650–700	669	240.00–269.00	249.92
7	700–750	715	237.00–257.00	246.67
1	750–800	765	237.00	237.00
Steers — Medium and Large 1 · Value Added$ per cwt · actual wt
1	500–550	520	292.50	292.50
1	550–600	585	307.50	307.50
Steers — Medium and Large 1 · Fancy$ per cwt · actual wt
1	300–350	305	380.00	380.00
Steers — Medium and Large 2$ per cwt · actual wt
8	300–350	333	275.00–300.00	293.18
8	350–400	376	275.00–300.00	284.33
2	400–450	438	270.00	270.00
8	450–500	468	255.00–270.00	260.75
9	500–550	513	237.00–255.00	249.76
2	550–600	568	235.00–250.00	242.47
Heifers — Medium and Large 1 · Value Added$ per cwt · actual wt
2	400–450	405	290.00	290.00
3	450–500	452	282.50–287.50	285.82
Heifers — Medium and Large 1$ per cwt · actual wt
11	300–350	321	290.00–315.00	301.75
8	350–400	374	280.00–305.00	290.17
11	400–450	417	270.00–300.00	280.01
13	450–500	476	260.00–282.50	269.05
12	500–550	521	245.00–267.00	257.44
12	550–600	575	240.00–257.00	248.66
20	600–650	620	228.00–247.00	234.65
5	650–700	668	225.00–230.00	228.22
4	700–750	718	220.00–227.00	222.48
3	750–800	755	212.00–220.00	216.68
1	800–850	820	210.00	210.00
Heifers — Medium and Large 1 · Fleshy$ per cwt · actual wt
2	500–550	535	235.00	235.00
1	550–600	590	230.00	230.00
Heifers — Medium and Large 1 · Fancy$ per cwt · actual wt
1	500–550	515	270.00	270.00
Heifers — Medium and Large 2$ per cwt · actual wt
2	300–350	315	270.00	270.00
3	350–400	388	267.50–270.00	268.30
5	400–450	437	242.50–270.00	249.43
5	450–500	466	230.00–250.00	244.14
2	550–600	565	225.00–235.00	230.09
Bulls — Medium and Large 1$ per cwt · actual wt
7	450–500	475	277.00–278.00	277.14
6	500–550	532	265.00–270.00	266.65
11	550–600	578	240.00–260.00	252.35
3	600–650	607	230.00–235.00	231.99
3	650–700	657	225.00–240.00	232.67
1	700–750	725	215.00	215.00

Replacement Cattle

As reported

Age	Stage	Head	Wt range	Avg wt	Price range	Avg price
Cow-Calf Pairs — Medium and Large 1-2$ per head · actual wt
Young (2-4 yrs)	Open	1	—	1,385	2,800.00	2,800.00

Slaughter Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Cows — Lean 85-90%$ per cwt · actual wt
10	—	972	114.00–128.00	121.85
2	—	985	130.00–132.00	130.93
Cows — Breaker 75-80%$ per cwt · actual wt
2	—	1,408	135.00–138.00	136.51
1	—	1,560	145.00	145.00
Cows — Boner 80-85%$ per cwt · actual wt
29	—	1,184	133.00–145.00	138.03
7	—	1,069	120.00–129.00	125.24
2	—	1,195	144.00–145.00	144.56
Bulls$ per cwt · actual wt
1	—	1,755	162.00	162.00
3	—	1,498	125.00–128.00	126.02
10	—	1,680	135.00–150.00	143.48

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

Replacement Cattle

Slaughter Cattle