Name: Hope Livestock Auction Inc. livestock auction prices — 2024-08-08
Creator: RaisedBeef
Published: 2024-08-08

Reporter comment USDA

As filed

Compared to last week: Feeder steers 10.00-25.00 lower. Feeder heifers 6.00-20.00 instances 30.00 lower. Slaughter cows steady to 2.00 lower. Slaughter bulls 1.00-2.00 lower on a light test. Quality was average. Slaughter cattle demand was good with little change from last week. Feeder cattle were considerably cheaper this week. Recent falls in stock market and the futures board have shown up this week.

Weight class

Steers · summary 500–600 lb

Weighted average of every reported lot

500–600 lb steers averaged $251.57/cwt on 27 head. That ranks 1 of 28 comparable sales and sits −169.78 against this barn's trailing median of $421.35.

Average price

$251.57

27 head · 547 lb average

Value per head Derived

$1,376

Price × average weight ÷ 100

Grade differential Derived

$198

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

$19.73/cwt at this weight

vs the market

−26.89

vs AR average

−23.51 vs national

What quality paid 500–600 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1	551	253.76	1,399	24
Medium and Large 2	513	234.03	1,201	3thin

One grade step is worth $19.73/cwt here — about $198 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 sale27 hd

251.57

—

AR average10 barns · 241 hd

278.46

−26.89

National average145 barns · 4,636 hd

275.08

−23.51

This barn, trailing median28 sales

421.35

−169.78

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	—	Average	1,525	143.52	2,189	2thin
Cows	Boner 80-85%	Average	1,238	137.00	1,696	19
Cows	Breaker 75-80%	Average	1,563	134.43	2,101	2thin
Cows	Lean 85-90%	Average	989	113.65	1,124	6thin

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
Bred Cows	2nd Stage (4-6 mo)	Middle Aged (5-8 yrs)	1,295	$2,207	2thin

Every lot, as filed

41 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
Cows	Lean 85-90%	—	989	113.65/cwt	109.00–117.00	1,124	6
Cows	Boner 80-85%	—	1,260	137.04/cwt	131.00–143.00	1,727	11
Bulls	—	—	1,525	143.52/cwt	142.00–145.00	2,189	2
Cows	Boner 80-85%	—	1,305	148.29/cwt	144.00–155.00	1,935	5
Cows	Boner 80-85%	—	1,047	118.01/cwt	117.00–120.00	1,236	3
Cows	Breaker 75-80%	—	1,563	134.43/cwt	130.00–138.00	2,101	2
Heifers	Medium and Large 1	700–750	705	200.00/cwt	200.00–200.00	1,410	1
Heifers	Medium and Large 1	550–600	560	233.65/cwt	227.00–240.00	1,308	15
Steers	Medium and Large 1	400–450	424	277.65/cwt	270.00–282.50	1,177	15
Bulls	Medium and Large 1	450–500	466	268.67/cwt	265.00–272.00	1,252	7
Steers	Medium and Large 1	300–350	323	325.49/cwt	300.00–335.00	1,051	7
Steers	Medium and Large 1	450–500	472	276.14/cwt	270.00–285.00	1,303	15
Heifers	Medium and Large 1	650–700	660	224.01/cwt	220.00–229.00	1,478	4
Heifers	Medium and Large 1	600–650	618	226.74/cwt	219.00–234.00	1,401	8
Heifers	Medium and Large 1	350–400	379	272.26/cwt	260.00–295.00	1,032	4
Steers	Medium and Large 1	750–800	753	228.51/cwt	225.00–232.00	1,721	2
Heifers	Medium and Large 1	500–550	520	241.61/cwt	230.00–253.00	1,256	13
Steers	Medium and Large 1	600–650	618	242.29/cwt	235.00–254.00	1,497	11
Steers	Medium and Large 1	850–900	855	227.50/cwt	227.50–227.50	1,945	1
Heifers	Medium and Large 1	400–450	420	264.89/cwt	255.00–272.50	1,113	10
Heifers	Medium and Large 1	450–500	470	251.46/cwt	245.00–265.00	1,182	21
Bred Cows	Medium and Large 1-2	—	1,295	2,206.76/head	2,075.00–2,325.00	2,207	2
Steers	Medium and Large 1	650–700	662	238.89/cwt	230.00–243.00	1,581	7
Steers	Medium and Large 2	300–350	327	272.03/cwt	265.00–280.00	890	6
Heifers	Medium and Large 2	450–500	478	227.84/cwt	225.00–230.00	1,089	5
Heifers	Medium and Large 2	350–400	380	234.93/cwt	230.00–240.00	893	4
Bulls	Medium and Large 1	650–700	695	220.00/cwt	220.00–220.00	1,529	1
Steers	Medium and Large 2	500–550	513	234.03/cwt	230.00–237.00	1,201	3
Steers	Medium and Large 1	550–600	568	251.60/cwt	240.00–258.00	1,429	16
Steers	Medium and Large 2	450–500	471	245.73/cwt	240.00–255.00	1,157	5
Steers	Medium and Large 2	400–450	423	254.73/cwt	250.00–260.00	1,078	6
Heifers	Medium and Large 2	500–550	509	219.50/cwt	218.00–220.00	1,117	4
Heifers	Medium and Large 2	400–450	413	235.70/cwt	235.00–240.00	973	7
Steers	Medium and Large 1	350–400	372	298.16/cwt	290.00–305.00	1,109	3
Steers	Medium and Large 2	350–400	371	266.12/cwt	250.00–275.00	987	7
Bulls	Medium and Large 1	500–550	525	238.29/cwt	235.00–243.00	1,251	7
Bulls	Medium and Large 1	900–950	910	187.00/cwt	187.00–187.00	1,702	1
Bulls	Medium and Large 1	700–750	713	221.97/cwt	219.00–225.00	1,583	2
Bulls	Medium and Large 1	550–600	564	239.87/cwt	235.00–245.00	1,353	6
Steers	Medium and Large 1	500–550	518	258.08/cwt	250.00–275.00	1,337	8
Heifers	Medium and Large 1	300–350	316	279.97/cwt	272.50–305.00	885	7

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 Aug 8, 2024

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

Feeder CattleReceipts 466Last week 468Year ago 555

Slaughter CattleReceipts 53Last week 53Year ago 128

Replacement CattleReceipts 5Last week 5Year ago 10

Slaughter Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Cows — Lean 85-90%$ per cwt · actual wt
6	—	989	109.00–117.00	113.65
Cows — Boner 80-85%$ per cwt · actual wt
11	—	1,260	131.00–143.00	137.04
5	—	1,305	144.00–155.00	148.29
3	—	1,047	117.00–120.00	118.01
Cows — Breaker 75-80%$ per cwt · actual wt
2	—	1,563	130.00–138.00	134.43
Bulls$ per cwt · actual wt
2	—	1,525	142.00–145.00	143.52

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1$ per cwt · actual wt
7	300–350	316	272.50–305.00	279.97
4	350–400	379	260.00–295.00	272.26
10	400–450	420	255.00–272.50	264.89
21	450–500	470	245.00–265.00	251.46
13	500–550	520	230.00–253.00	241.61
15	550–600	560	227.00–240.00	233.65
8	600–650	618	219.00–234.00	226.74
4	650–700	660	220.00–229.00	224.01
1	700–750	705	200.00	200.00
Heifers — Medium and Large 2$ per cwt · actual wt
4	350–400	380	230.00–240.00	234.93
7	400–450	413	235.00–240.00	235.70
5	450–500	478	225.00–230.00	227.84
4	500–550	509	218.00–220.00	219.50
Steers — Medium and Large 1$ per cwt · actual wt
7	300–350	323	300.00–335.00	325.49
3	350–400	372	290.00–305.00	298.16
15	400–450	424	270.00–282.50	277.65
15	450–500	472	270.00–285.00	276.14
8	500–550	518	250.00–275.00	258.08
16	550–600	568	240.00–258.00	251.60
11	600–650	618	235.00–254.00	242.29
7	650–700	662	230.00–243.00	238.89
2	750–800	753	225.00–232.00	228.51
1	850–900	855	227.50	227.50
Steers — Medium and Large 2$ per cwt · actual wt
6	300–350	327	265.00–280.00	272.03
7	350–400	371	250.00–275.00	266.12
6	400–450	423	250.00–260.00	254.73
5	450–500	471	240.00–255.00	245.73
3	500–550	513	230.00–237.00	234.03
Bulls — Medium and Large 1$ per cwt · actual wt
7	450–500	466	265.00–272.00	268.67
7	500–550	525	235.00–243.00	238.29
6	550–600	564	235.00–245.00	239.87
1	650–700	695	220.00	220.00
2	700–750	713	219.00–225.00	221.97
1	900–950	910	187.00	187.00

Replacement Cattle

As reported

Age	Stage	Head	Wt range	Avg wt	Price range	Avg price
Bred Cows — Medium and Large 1-2$ per head · actual wt
Middle Aged (5-8 yrs)	2nd Stage (4-6 mo)	2	—	1,295	2,075.00–2,325.00	2,206.76

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

Slaughter Cattle

Feeder Cattle

Replacement Cattle