Sale reports / Arkansas / Hope Livestock Auction Inc. / 2024-09-12

Hope Livestock Auction Inc.

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Hope, Arkansas · Thu, Sep 12
● Final46 lots reportedUSDA AMS · slug 2058
Feeder Cattle receipts
640 head
85 vs last sale 725 330 vs year ago 970 · 34.0%
Slaughter Cattle receipts
61 head
90 vs last sale 151 116 vs year ago 177 · 65.5%
Replacement Cattle receipts
10 head
0 vs last sale 10 0 vs year ago 10 · +0.0%
View

Reporter comment USDA

As filed

Compared to last week: Feeder steers 2.00-12.00 lower. Feeder heifers 5.00-15.00 lower. Slaughter cows 1.00-2.00 lower. Slaughter bulls 2.00 lower. Quality was average. Buyers had a more conservative tone this week. Numbers are beginning to increase with the fall runs upon us and weather changes in the near future.

Weight class

Heifers · summary 500–600 lb

Weighted average of every reported lot
500–600 lb heifers averaged $220.08/cwt on 25 head. That ranks 1 of 29 comparable sales and sits 178.35 against this barn's trailing median of $398.43.
Average price
$220.08
25 head · 540 lb average
Value per head Derived
$1,189
Price × average weight ÷ 100
Grade differential Derived
$138
per head · Medium and Large 1 over Medium and Large 2
$20.93/cwt at this weight
vs the market
12.43
vs AR average
18.53 vs national

What quality paid 500–600 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1542223.431,21121
Medium and Large 2530202.501,0734thin
One grade step is worth $20.93/cwt here — about $138 a head. Across this sale the premium is widest at 400–500 lb. USDA reports each grade on its own line and never publishes the spread.

This barn's trailing prices 500–600 lb

29 sales
446405364323median 398.4312/1802/2604/1606/1108/13
Heifers 500–600 lb: high $432.07, low $337.27, median $398.43 across 29 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 sale25 hd
220.08
AR average10 barns · 679 hd
232.51
−12.43
National average182 barns · 14,937 hd
238.61
−18.53
This barn, trailing median29 sales
398.43
−178.35
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
BullsLow1,645140.892,3177thin
CowsBoner 80-85%Low1,225120.871,48020
CowsLean 85-90%Average981111.641,0957thin

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 Cows3rd Stage (7-9 mo)Middle Aged (5-8 yrs)1,330$2,0501thin
Bred Cows2nd Stage (4-6 mo)Middle Aged (5-8 yrs)1,328$1,9472thin

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.
ClassGrade / descriptionWeightAvg wtPriceRangePer headHead
HeifersMedium and Large 1400–450425245.86/cwt235.00–257.001,04512
SteersMedium and Large 1850–900857206.03/cwt199.00–214.001,7665
SteersMedium and Large 2500–550525223.29/cwt220.00–225.001,1726
HeifersMedium and Large 2400–450428216.14/cwt210.00–220.009254
SteersMedium and Large 1600–650609237.76/cwt230.00–242.001,4488
SteersMedium and Large 1700–750710219.55/cwt216.00–223.001,5592
HeifersMedium and Large 1Replacement450–500480317.50/cwt300.00–335.001,5242
HeifersMedium and Large 2450–500472215.78/cwt210.00–220.001,0186
HeifersMedium and Large 2500–550510200.00/cwt200.00–200.001,0202
Bred CowsMedium and Large 1-21,3281,947.32/head1,775.00–2,150.001,9472
SteersMedium and Large 2350–400365257.53/cwt255.00–260.009402
HeifersMedium and Large 2550–600550205.00/cwt205.00–205.001,1282
HeifersMedium and Large 2350–400368233.97/cwt230.00–240.008616
HeifersMedium and Large 2300–350300245.00/cwt245.00–245.007352
SteersMedium and Large 2450–500468232.41/cwt230.00–235.001,0886
SteersMedium and Large 2300–350335268.38/cwt265.00–270.008993
SteersMedium and Large 2400–450425238.59/cwt230.00–260.001,0146
BullsMedium and Large 1700–750717198.28/cwt195.00–200.001,4223
BullsMedium and Large 1450–500477238.02/cwt233.00–240.001,1357
BullsMedium and Large 1600–650620206.70/cwt200.00–210.001,2827
BullsMedium and Large 1500–550526227.57/cwt222.50–233.001,19710
HeifersMedium and Large 1300–350332256.27/cwt230.00–270.0085110
HeifersMedium and Large 1350–400379256.53/cwt250.00–260.009729
HeifersMedium and Large 1450–500470237.69/cwt230.00–250.001,11711
HeifersMedium and Large 1600–650619213.97/cwt210.00–220.001,32410
SteersMedium and Large 1400–450419262.21/cwt255.00–270.001,0998
Bred CowsMedium and Large 1-21,3302,050.00/head2,050.00–2,050.002,0501
SteersMedium and Large 1450–500475253.59/cwt245.00–260.001,20513
HeifersMedium and Large 1550–600563218.65/cwt215.00–227.001,23111
SteersMedium and Large 1750–800755211.31/cwt206.00–218.001,5953
SteersMedium and Large 1800–850820200.50/cwt200.00–201.001,6442
SteersMedium and Large 1650–700656228.48/cwt220.00–233.001,4994
SteersMedium and Large 1350–400367298.60/cwt290.00–322.501,0967
HeifersMedium and Large 1650–700674213.54/cwt210.00–219.001,4399
SteersMedium and Large 1550–600565241.07/cwt232.00–247.001,36211
SteersMedium and Large 1500–550519245.45/cwt237.00–255.001,27410
SteersMedium and Large 1300–350320323.29/cwt300.00–340.001,0354
HeifersMedium and Large 1500–550519228.69/cwt220.00–247.001,18710
BullsMedium and Large 1650–700670203.96/cwt198.00–210.001,3672
BullsMedium and Large 1550–600588218.73/cwt215.00–222.501,2862
CowsLean 85-90%981111.64/cwt107.00–115.001,0957
CowsBoner 80-85%1,038113.21/cwt112.00–115.001,1755
CowsBoner 80-85%1,430135.00/cwt135.00–135.001,9311
CowsBoner 80-85%1,277122.59/cwt117.00–128.001,56514
Bulls1,355125.00/cwt125.00–125.001,6941
Bulls1,693143.54/cwt140.00–147.002,4306

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.