Sale reports / Arkansas / Hope Livestock Auction Inc. / 2024-07-18

Hope Livestock Auction Inc.

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Hope, Arkansas · Thu, Jul 18
● Final52 lots reportedUSDA AMS · slug 2058
Feeder Cattle receipts
387 head
222 vs last sale 609 228 vs year ago 615 · 37.1%
Slaughter Cattle receipts
159 head
15 vs last sale 144 161 vs year ago 320 · 50.3%
Replacement Cattle receipts
20 head
10 vs last sale 10 55 vs year ago 75 · 73.3%
View

Reporter comment USDA

As filed

Compared to last week: Feeder steers under 450 lbs. 7.00-10.00 higher; over 450 lbs. unevenly steady. Feeder heifers under 500 lbs. 4.00-8.00 higher; over 500 lbs. 1.00-5.00 lower. Slaughter cows 4.00-7.00 lower. Slaughter bulls 1.00-3.00 higher. Quality was average. The slaughter cow market didn't have as much steam as last week. Lightweight calves were still in high demand.

Weight class

Steers · summary 500–600 lb

Weighted average of every reported lot
500–600 lb steers averaged $268.44/cwt on 24 head. That ranks 1 of 28 comparable sales and sits 152.91 against this barn's trailing median of $421.35.
Average price
$268.44
24 head · 549 lb average
Value per head Derived
$1,475
Price × average weight ÷ 100
Grade differential Derived
$278
per head · Medium and Large 1 over Medium and Large 2
$39.41/cwt at this weight
vs the market
16.08
vs AR average
22.65 vs national

What quality paid 500–600 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1556278.291,54618thin
Medium and Large 2531238.881,2686thin
One grade step is worth $39.41/cwt here — about $278 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
268.44
AR average9 barns · 252 hd
284.51
−16.08
National average156 barns · 5,844 hd
291.09
−22.65
This barn, trailing median28 sales
421.35
−152.91
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
BullsAverage1,654144.262,3869thin
CowsBreaker 75-80%Average1,535129.531,9882thin
CowsBoner 80-85%High1,201128.941,54958
CowsLean 85-90%Average983117.351,15415

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 Cows1st Stage (1-3 mo)Young (2-4 yrs)1,055$2,0001thin
Bred Cows2nd Stage (4-6 mo)Middle Aged (5-8 yrs)1,227$1,8158
Cow-Calf PairsOpenYoung (2-4 yrs)1,385$2,6501thin
Cow-Calf PairsOpenAged (>8 yrs)1,358$2,0252thin

Every lot, as filed

52 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 2500–550523223.06/cwt220.00–228.001,1675
SteersMedium and Large 2300–350315299.40/cwt290.00–305.009434
SteersMedium and Large 2500–550522240.66/cwt225.00–250.001,2565
HeifersMedium and Large 1400–450422280.14/cwt270.00–293.001,1828
SteersMedium and Large 1350–400368336.05/cwt320.00–365.001,23713
Cow-Calf PairsMedium and Large 1-21,3852,650.00/head2,650.00–2,650.002,6501
CowsBoner 80-85%1,422143.00/cwt140.00–146.002,0335
CowsBoner 80-85%1,070115.73/cwt110.00–120.001,23810
CowsBreaker 75-80%1,535129.53/cwt128.00–131.001,9882
CowsLean 85-90%983117.35/cwt112.00–125.001,15415
Bulls1,691146.67/cwt140.00–155.002,4808
Bulls1,355125.00/cwt125.00–125.001,6941
SteersMedium and Large 1Fancy350–400365370.00/cwt370.00–370.001,3511
SteersMedium and Large 1800–850808226.93/cwt220.00–234.001,8342
BullsMedium and Large 1500–550524261.26/cwt255.00–265.001,3694
BullsMedium and Large 1700–750735227.00/cwt227.00–227.001,6681
BullsMedium and Large 1650–700678232.44/cwt230.00–235.001,5762
SteersMedium and Large 1300–350322339.32/cwt325.00–370.001,0939
HeifersMedium and Large 1500–550516255.35/cwt245.00–269.001,3187
HeifersMedium and Large 1450–500466273.44/cwt265.00–282.501,27412
BullsMedium and Large 1450–500475270.00/cwt270.00–270.001,2834
HeifersMedium and Large 1700–750720220.98/cwt220.00–223.001,5913
HeifersMedium and Large 1550–600564246.94/cwt240.00–260.001,3934
SteersMedium and Large 1850–900870218.00/cwt218.00–218.001,8971
SteersMedium and Large 1700–750713245.07/cwt241.00–249.001,7472
SteersMedium and Large 1600–650610261.13/cwt245.00–270.001,59310
HeifersMedium and Large 1300–350311303.04/cwt298.00–311.009429
BullsMedium and Large 1600–650621233.57/cwt230.00–238.001,4506
SteersMedium and Large 1400–450414317.92/cwt295.00–340.001,31614
Bred CowsMedium and Large 1-21,2271,814.68/head1,700.00–2,125.001,8158
Bred CowsMedium and Large 1-21,0552,000.00/head2,000.00–2,000.002,0001
Cow-Calf PairsMedium and Large 1-21,4602,050.00/head2,050.00–2,050.002,0501
HeifersMedium and Large 1600–650620234.42/cwt232.00–237.001,4532
SteersMedium and Large 1550–600577277.41/cwt265.00–285.001,60110
SteersMedium and Large 1500–550529279.39/cwt275.00–285.001,4788
HeifersMedium and Large 2350–400374260.61/cwt255.00–270.009755
SteersMedium and Large 2350–400376287.48/cwt280.00–302.001,0816
HeifersMedium and Large 2400–450424243.77/cwt240.00–250.001,0345
SteersMedium and Large 2550–600575230.00/cwt230.00–230.001,3231
HeifersMedium and Large 1350–400376298.68/cwt290.00–310.001,12313
SteersMedium and Large 1650–700679248.14/cwt240.00–257.001,6857
SteersMedium and Large 2400–450420267.38/cwt265.00–270.001,1234
HeifersMedium and Large 2300–350326256.28/cwt255.00–260.008354
SteersMedium and Large 2450–500468266.68/cwt259.00–270.001,2487
HeifersMedium and Large 2450–500468242.22/cwt235.00–250.001,1346
Cow-Calf PairsMedium and Large 1-21,2552,000.00/head2,000.00–2,000.002,0001
CowsBoner 80-85%1,206130.38/cwt125.00–140.001,57243
SteersMedium and Large 1Fancy300–350325380.00/cwt380.00–380.001,2351
HeifersMedium and Large 1Fleshy500–550500240.00/cwt240.00–240.001,2001
HeifersMedium and Large 1Fleshy550–600595225.00/cwt225.00–225.001,3391
BullsMedium and Large 1550–600579249.93/cwt240.00–260.001,4475
SteersMedium and Large 1450–500481287.14/cwt285.00–290.001,3816

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.