Name: Hope Livestock Auction Inc. livestock auction prices — 2024-08-22
Creator: RaisedBeef
Published: 2024-08-22

Reporter comment USDA

As filed

No trend due to no report last week. Quality was average. Market was soft on feeder cattle but still strong on slaughter cattle.

Weight class

Steers · summary 500–600 lb

Weighted average of every reported lot

500–600 lb steers averaged $250.07/cwt on 28 head. That ranks 1 of 28 comparable sales and sits −171.28 against this barn's trailing median of $421.35.

Average price

$250.07

28 head · 544 lb average

Value per head Derived

$1,361

Price × average weight ÷ 100

Grade differential Derived

$181

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

$28.12/cwt at this weight

vs the market

−11.47

vs AR average

−20.43 vs national

What quality paid 500–600 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1	546	253.09	1,381	25
Medium and Large 2	533	224.97	1,200	3thin

One grade step is worth $28.12/cwt here — about $181 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 sale28 hd

250.07

—

AR average10 barns · 352 hd

261.55

−11.47

National average163 barns · 7,520 hd

270.50

−20.43

This barn, trailing median28 sales

421.35

−171.28

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	1,677	150.64	2,526	11
Cows	Boner 80-85%	High	1,186	130.71	1,550	29
Cows	Lean 85-90%	Average	961	117.00	1,124	14

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)	1,263	$1,746	2thin
Cow-Calf Pairs	Open	Middle Aged (5-8 yrs)	1,510	$2,250	1thin
Cow-Calf Pairs	Open	Aged (>8 yrs)	1,348	$2,089	2thin

Every lot, as filed

46 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
Heifers	Medium and Large 1	550–600	565	229.17/cwt	220.00–234.00	1,295	10
Heifers	Medium and Large 1	450–500	471	242.94/cwt	240.00–247.00	1,144	7
Heifers	Medium and Large 1	400–450	426	251.69/cwt	245.00–270.00	1,072	17
Heifers	Medium and Large 1	700–750	705	210.00/cwt	210.00–210.00	1,481	1
Steers	Medium and Large 2	350–400	376	255.74/cwt	250.00–265.00	962	5
Heifers	Medium and Large 2	350–400	365	242.00/cwt	242.00–242.00	883	2
Steers	Medium and Large 2	550–600	550	220.00/cwt	220.00–220.00	1,210	1
Steers	Medium and Large 2	500–550	525	227.45/cwt	225.00–230.00	1,194	2
Cow-Calf Pairs	Medium and Large 1-2	—	1,348	2,088.87/head	2,075.00–2,100.00	2,089	2
Steers	Medium and Large 1	300–350	326	329.55/cwt	312.50–355.00	1,074	12
Heifers	Medium and Large 1	300–350	321	290.17/cwt	265.00–297.50	931	8
Heifers	Medium and Large 1	500–550	522	234.67/cwt	225.00–242.00	1,225	15
Bulls	Medium and Large 1	450–500	476	241.09/cwt	235.00–245.00	1,148	7
Steers	Medium and Large 1	750–800	750	215.00/cwt	215.00–215.00	1,613	1
Steers	Medium and Large 1	650–700	668	228.80/cwt	225.00–235.00	1,528	6
Cows	Boner 80-85%	—	1,218	143.25/cwt	142.00–145.00	1,745	3
Cows	Lean 85-90%	—	941	115.13/cwt	112.00–118.00	1,083	10
Bulls	—	—	1,677	150.64/cwt	143.00–158.00	2,526	11
Cows	Lean 85-90%	—	1,010	121.68/cwt	120.00–123.00	1,229	4
Cows	Boner 80-85%	—	1,215	132.69/cwt	126.00–140.00	1,612	20
Cows	Boner 80-85%	—	1,073	117.82/cwt	115.00–120.00	1,264	6
Heifers	Medium and Large 1Fancy	600–650	625	228.00/cwt	228.00–228.00	1,425	1
Heifers	Medium and Large 1Fancy	300–350	325	310.00/cwt	310.00–310.00	1,008	1
Cow-Calf Pairs	Medium and Large 1-2	—	1,510	2,250.00/head	2,250.00–2,250.00	2,250	1
Steers	Medium and Large 1	450–500	466	263.68/cwt	255.00–272.50	1,229	8
Steers	Medium and Large 1	350–400	370	306.90/cwt	287.50–335.00	1,136	6
Steers	Medium and Large 1	400–450	420	278.33/cwt	265.00–305.00	1,169	14
Heifers	Medium and Large 1	600–650	625	215.67/cwt	205.00–221.00	1,348	7
Heifers	Medium and Large 1	650–700	665	224.00/cwt	224.00–224.00	1,490	1
Bulls	Medium and Large 1	600–650	608	219.28/cwt	215.00–222.00	1,333	4
Bulls	Medium and Large 1	550–600	578	222.81/cwt	220.00–228.00	1,288	4
Bulls	Medium and Large 1	500–550	503	236.69/cwt	235.00–240.00	1,191	3
Bulls	Medium and Large 1	650–700	670	215.00/cwt	215.00–215.00	1,441	1
Steers	Medium and Large 2	300–350	326	262.98/cwt	255.00–265.00	857	5
Heifers	Medium and Large 2	550–600	564	199.98/cwt	190.00–205.00	1,128	5
Steers	Medium and Large 2	400–450	423	246.15/cwt	240.00–255.00	1,041	16
Bred Cows	Medium and Large 1-2	—	1,263	1,746.14/head	1,700.00–1,800.00	1,746	2
Heifers	Medium and Large 2	300–350	329	245.48/cwt	240.00–252.00	808	5
Heifers	Medium and Large 2	400–450	425	225.00/cwt	225.00–225.00	956	2
Steers	Medium and Large 1	550–600	573	247.19/cwt	240.00–263.00	1,416	11
Steers	Medium and Large 1	600–650	610	234.98/cwt	230.00–245.00	1,433	12
Steers	Medium and Large 1	700–750	725	220.00/cwt	220.00–220.00	1,595	1
Steers	Medium and Large 1	500–550	524	257.72/cwt	248.00–270.00	1,350	14
Steers	Medium and Large 2	450–500	474	238.77/cwt	235.00–245.00	1,132	8
Heifers	Medium and Large 2	450–500	480	221.65/cwt	221.00–223.00	1,064	3
Heifers	Medium and Large 1	350–400	383	277.57/cwt	275.00–280.00	1,063	6

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 22, 2024

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

Feeder CattleReceipts 514Last week 466Year ago 381

Slaughter CattleReceipts 111Last week 53Year ago 73

Replacement CattleReceipts 10Last week 5Year ago 10

No trend due to no report last week. Quality was average. Market was soft on feeder cattle but still strong on slaughter cattle.

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1$ per cwt · actual wt
8	300–350	321	265.00–297.50	290.17
6	350–400	383	275.00–280.00	277.57
17	400–450	426	245.00–270.00	251.69
7	450–500	471	240.00–247.00	242.94
15	500–550	522	225.00–242.00	234.67
10	550–600	565	220.00–234.00	229.17
7	600–650	625	205.00–221.00	215.67
1	650–700	665	224.00	224.00
1	700–750	705	210.00	210.00
Heifers — Medium and Large 2$ per cwt · actual wt
5	300–350	329	240.00–252.00	245.48
2	350–400	365	242.00	242.00
2	400–450	425	225.00	225.00
3	450–500	480	221.00–223.00	221.65
5	550–600	564	190.00–205.00	199.98
Heifers — Medium and Large 1 · Fancy$ per cwt · actual wt
1	300–350	325	310.00	310.00
1	600–650	625	228.00	228.00
Steers — Medium and Large 2$ per cwt · actual wt
5	300–350	326	255.00–265.00	262.98
5	350–400	376	250.00–265.00	255.74
16	400–450	423	240.00–255.00	246.15
8	450–500	474	235.00–245.00	238.77
2	500–550	525	225.00–230.00	227.45
1	550–600	550	220.00	220.00
Steers — Medium and Large 1$ per cwt · actual wt
12	300–350	326	312.50–355.00	329.55
6	350–400	370	287.50–335.00	306.90
14	400–450	420	265.00–305.00	278.33
8	450–500	466	255.00–272.50	263.68
14	500–550	524	248.00–270.00	257.72
11	550–600	573	240.00–263.00	247.19
12	600–650	610	230.00–245.00	234.98
6	650–700	668	225.00–235.00	228.80
1	700–750	725	220.00	220.00
1	750–800	750	215.00	215.00
Bulls — Medium and Large 1$ per cwt · actual wt
7	450–500	476	235.00–245.00	241.09
3	500–550	503	235.00–240.00	236.69
4	550–600	578	220.00–228.00	222.81
4	600–650	608	215.00–222.00	219.28
1	650–700	670	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
Aged (>8 yrs)	Open	2	—	1,348	2,075.00–2,100.00	2,088.87
Middle Aged (5-8 yrs)	Open	1	—	1,510	2,250.00	2,250.00
Bred Cows — Medium and Large 1-2$ per head · actual wt
Middle Aged (5-8 yrs)	2nd Stage (4-6 mo)	2	—	1,263	1,700.00–1,800.00	1,746.14

Slaughter Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Cows — Boner 80-85%$ per cwt · actual wt
3	—	1,218	142.00–145.00	143.25
20	—	1,215	126.00–140.00	132.69
6	—	1,073	115.00–120.00	117.82
Cows — Lean 85-90%$ per cwt · actual wt
10	—	941	112.00–118.00	115.13
4	—	1,010	120.00–123.00	121.68
Bulls$ per cwt · actual wt
11	—	1,677	143.00–158.00	150.64

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