Sale reports / Arkansas / Hope Livestock Auction Inc. / 2024-09-05

Hope Livestock Auction Inc.

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Hope, Arkansas · Thu, Sep 5
● Final52 lots reportedUSDA AMS · slug 2058
Feeder Cattle receipts
725 head
175 vs last sale 550 143 vs year ago 582 · +24.6%
Slaughter Cattle receipts
151 head
105 vs last sale 46 30 vs year ago 121 · +24.8%
Replacement Cattle receipts
10 head
5 vs last sale 5 10 vs year ago 0 · no sale a year ago
View

Reporter comment USDA

As filed

Compared to last week: Feeder steers under 400 lbs. 4.00-8.00 higher; over 400 lbs. 3.00-10.00 lower. Feeder heifers 5.00-12.00 lower. Slaughter cows steady. Slaughter bulls steady. Quality was average.

Weight class

Steers · summary 500–600 lb

Weighted average of every reported lot
500–600 lb steers averaged $246.20/cwt on 31 head. That ranks 1 of 28 comparable sales and sits 175.15 against this barn's trailing median of $421.35.
Average price
$246.20
31 head · 546 lb average
Value per head Derived
$1,344
Price × average weight ÷ 100
Grade differential Derived
$168
per head · Medium and Large 1 over Medium and Large 2
$21.91/cwt at this weight
vs the market
26.32
vs AR average
23.20 vs national

What quality paid 500–600 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1547246.911,34930
Medium and Large 2525225.001,1811thin
One grade step is worth $21.91/cwt here — about $168 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 sale31 hd
246.20
AR average9 barns · 571 hd
272.52
−26.32
National average147 barns · 6,928 hd
269.40
−23.20
This barn, trailing median28 sales
421.35
−175.15
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
BullsHigh1,525141.132,1529thin
CowsBreaker 75-80%Average1,425128.001,8241thin
CowsBoner 80-85%Low1,181121.731,43742
CowsLean 85-90%Low952111.671,06315

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 Cows2nd Stage (4-6 mo)Middle Aged (5-8 yrs)1,320$2,0251thin
Cow-Calf PairsOpenYoung (2-4 yrs)1,259$2,4203thin
Cow-Calf PairsOpenMiddle Aged (5-8 yrs)1,305$2,1333thin

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
SteersMedium and Large 2350–400384257.74/cwt250.00–273.0099014
SteersMedium and Large 1500–550519251.25/cwt245.00–267.501,30415
CowsBoner 80-85%1,063112.56/cwt110.00–115.001,1979
CowsLean 85-90%810106.52/cwt105.00–108.008632
Bulls1,615165.00/cwt165.00–165.002,6651
BullsMedium and Large 1700–750730205.07/cwt200.00–210.001,4972
BullsMedium and Large 1450–500469250.27/cwt247.00–255.001,1747
BullsMedium and Large 1600–650620218.15/cwt215.00–220.001,35311
BullsMedium and Large 1550–600583223.24/cwt220.00–228.001,3014
BullsMedium and Large 1750–800773197.05/cwt195.00–199.001,5232
BullsMedium and Large 1500–550520231.97/cwt230.00–235.001,2065
SteersMedium and Large 1350–400377309.25/cwt285.00–327.501,16610
SteersMedium and Large 1450–500459266.49/cwt260.00–278.001,22312
SteersMedium and Large 1550–600574242.57/cwt237.50–248.001,39215
SteersMedium and Large 1300–350326328.50/cwt315.00–347.501,0718
SteersMedium and Large 2400–450414242.50/cwt240.00–245.001,0048
SteersMedium and Large 2500–550525225.00/cwt225.00–225.001,1811
HeifersMedium and Large 1Value Added400–450431257.20/cwt257.00–257.501,1095
SteersMedium and Large 1800–850803216.99/cwt214.00–220.001,7422
SteersMedium and Large 2300–350328268.23/cwt265.00–270.008808
SteersMedium and Large 1750–800773218.28/cwt215.00–223.001,6874
SteersMedium and Large 1700–750714225.65/cwt220.00–231.001,6119
SteersMedium and Large 1600–650620237.96/cwt230.00–247.001,47529
HeifersMedium and Large 1550–600559228.49/cwt225.00–235.001,27712
SteersMedium and Large 1400–450418276.78/cwt270.00–287.501,15712
SteersMedium and Large 1650–700668228.41/cwt220.00–235.001,52611
SteersMedium and Large 1Value Added650–700650237.00/cwt237.00–237.001,5414
SteersMedium and Large 2450–500468238.24/cwt235.00–245.001,1153
HeifersMedium and Large 2500–550503210.75/cwt208.00–215.001,0604
HeifersMedium and Large 1600–650620223.44/cwt220.00–230.001,3854
HeifersMedium and Large 1300–350328280.20/cwt270.00–285.009198
HeifersMedium and Large 1350–400373271.68/cwt268.00–277.001,0138
HeifersMedium and Large 1500–550522230.16/cwt225.00–239.001,20117
HeifersMedium and Large 2550–600550210.00/cwt210.00–210.001,1552
HeifersMedium and Large 2400–450423225.00/cwt225.00–225.009527
HeifersMedium and Large 1700–750730187.55/cwt185.00–190.001,3692
HeifersMedium and Large 2450–500450220.00/cwt220.00–220.009902
HeifersMedium and Large 1450–500462245.07/cwt225.00–254.001,13219
HeifersMedium and Large 2350–400363238.67/cwt235.00–240.008664
HeifersMedium and Large 1400–450416253.74/cwt243.00–265.001,05611
HeifersMedium and Large 1650–700668215.00/cwt215.00–215.001,4363
Cow-Calf PairsMedium and Large 1-21,3602,100.00/head2,100.00–2,100.002,1001
Cow-Calf PairsMedium and Large 1-21,3052,133.33/head2,100.00–2,200.002,1333
Cow-Calf PairsMedium and Large 1-21,2082,580.02/head2,150.00–2,925.002,5802
Bred CowsMedium and Large 1-21,425147.00/cwt147.00–147.002,0951
Bred CowsMedium and Large 1-21,3202,025.00/head2,025.00–2,025.002,0251
Bulls1,327125.57/cwt124.00–128.001,6663
CowsBoner 80-85%1,214123.90/cwt118.00–130.001,50432
CowsBreaker 75-80%1,425128.00/cwt128.00–128.001,8241
CowsLean 85-90%974112.46/cwt110.00–115.001,09513
CowsBoner 80-85%1,175135.00/cwt135.00–135.001,5861
Bulls1,625145.70/cwt140.00–148.002,3685

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.