Sale reports / Arkansas / Hope Livestock Auction Inc. / 2024-09-19

Hope Livestock Auction Inc.

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Hope, Arkansas · Thu, Sep 19
● Final62 lots reportedUSDA AMS · slug 2058
Feeder Cattle receipts
588 head
52 vs last sale 640 518 vs year ago 1,106 · 46.8%
Slaughter Cattle receipts
164 head
103 vs last sale 61 141 vs year ago 305 · 46.2%
Replacement Cattle receipts
25 head
15 vs last sale 10 125 vs year ago 150 · 83.3%
View

Reporter comment USDA

As filed

Compared to last week: Feeder steers 5.00-10.00 higher; instances 20.00-25.00 higher on lighter weight cattle. Feeder heifers 2.00-10.00 higher; instances 15.00-25.00 higher on lighter weights. Slaughter cows 5.00-7.00 lower. Slaughter bulls 3.00-4.00 lower. Quality was average. Buyers were more active this week, especially on 3 and 4 weight cattle. The slaughter cattle were considerably cheaper this week.

Weight class

Steers · summary 500–600 lb

Weighted average of every reported lot
500–600 lb steers averaged $245.93/cwt on 18 head. That ranks 1 of 28 comparable sales and sits 175.42 against this barn's trailing median of $421.35.
Average price
$245.93
18 head · 544 lb average
Value per head Derived
$1,339
Price × average weight ÷ 100
Grade differential Derived
$152
per head · Medium and Large 1 over Medium and Large 2
$26.91/cwt at this weight
vs the market
10.82
vs AR average
20.71 vs national

What quality paid 500–600 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1545251.911,37314thin
Medium and Large 2543225.001,2214thin
One grade step is worth $26.91/cwt here — about $152 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 sale18 hd
245.93
AR average10 barns · 403 hd
256.75
−10.82
National average174 barns · 10,991 hd
266.64
−20.71
This barn, trailing median28 sales
421.35
−175.42
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
BullsAverage1,550132.612,05510
CowsBoner 80-85%Low1,210114.831,38935
CowsBreaker 75-80%Average1,490113.521,6912thin
CowsLean 85-90%Average94299.9294214

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)Young (2-4 yrs)1,200$1,9251thin
Bred Cows2nd Stage (4-6 mo)Middle Aged (5-8 yrs)1,132$1,8493thin
Bred Cows3rd Stage (7-9 mo)Middle Aged (5-8 yrs)1,020$1,8251thin
Bred Cows3rd Stage (7-9 mo)Aged (>8 yrs)1,055$1,7001thin
Cow-Calf PairsOpenYoung (2-4 yrs)1,580$2,7333thin
Cow-Calf PairsOpenAged (>8 yrs)1,365$2,1001thin

Every lot, as filed

62 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 1Replacement500–550525251.00/cwt251.00–251.001,3181
SteersMedium and Large 1750–800758217.66/cwt215.00–220.001,6503
HeifersMedium and Large 1300–350324283.32/cwt275.00–290.0091810
HeifersMedium and Large 1Replacement350–400385299.00/cwt299.00–299.001,1511
HeifersMedium and Large 1500–550507228.29/cwt225.00–230.001,1573
SteersMedium and Large 1450–500472276.72/cwt260.00–293.001,30616
SteersMedium and Large 1350–400371337.97/cwt305.00–370.001,25411
SteersMedium and Large 1500–550524259.46/cwt251.00–270.001,3607
HeifersMedium and Large 1750–800775185.00/cwt185.00–185.001,4341
HeifersMedium and Large 1400–450417252.52/cwt249.00–260.001,0533
HeifersMedium and Large 1350–400377271.75/cwt260.00–282.501,0246
SteersMedium and Large 1650–700670226.32/cwt220.00–233.001,5168
HeifersMedium and Large 1700–750708208.43/cwt202.00–215.001,4762
BullsMedium and Large 1700–750740190.00/cwt190.00–190.001,4061
BullsMedium and Large 1500–550538237.01/cwt234.00–240.001,2752
HeifersMedium and Large 1450–500469245.37/cwt240.00–255.001,15110
BullsMedium and Large 1600–650625204.96/cwt200.00–210.001,2812
SteersMedium and Large 1700–750707226.32/cwt223.00–230.001,6003
SteersMedium and Large 1800–850810205.93/cwt195.00–217.001,6682
HeifersMedium and Large 1550–600576219.29/cwt215.00–225.001,2638
HeifersMedium and Large 1600–650604216.74/cwt210.00–225.001,3094
Bulls1,643139.40/cwt134.00–150.002,2907
Bulls1,332116.75/cwt115.00–120.001,5553
CowsLean 85-90%977104.45/cwt100.00–110.001,02011
CowsLean 85-90%81583.30/cwt80.00–85.006793
CowsBreaker 75-80%1,490113.52/cwt110.00–117.001,6912
CowsBoner 80-85%1,043104.51/cwt100.00–109.001,0902
SteersMedium and Large 1Fancy400–450400360.00/cwt360.00–360.001,4401
HeifersMedium and Large 1800–850810188.00/cwt188.00–188.001,5231
HeifersMedium and Large 1650–700660204.00/cwt204.00–204.001,3461
BullsMedium and Large 1650–700650200.00/cwt200.00–200.001,3001
BullsMedium and Large 1450–500463251.92/cwt247.00–255.001,1668
CowsBoner 80-85%1,220115.46/cwt110.00–122.001,40933
HeifersMedium and Large 2300–350310235.00/cwt235.00–235.007292
HeifersMedium and Large 2350–400395245.00/cwt245.00–245.009682
HeifersMedium and Large 2500–550520210.96/cwt210.00–214.001,0974
SteersMedium and Large 2300–350326279.20/cwt270.00–300.009106
HeifersMedium and Large 2400–450425225.00/cwt225.00–225.009563
HeifersMedium and Large 1Fleshy500–550534214.00/cwt212.00–215.001,1434
Bred CowsMedium and Large 1-21,2001,925.00/head1,925.00–1,925.001,9251
HeifersMedium and Large 2450–500473220.00/cwt220.00–220.001,0414
SteersMedium and Large 2550–600560225.00/cwt225.00–225.001,2602
Bred CowsMedium and Large 1-21,0551,700.00/head1,700.00–1,700.001,7001
SteersMedium and Large 2500–550525225.00/cwt225.00–225.001,1812
SteersMedium and Large 2450–500475236.00/cwt236.00–236.001,1212
Cow-Calf PairsMedium and Large 1-21,4152,250.00/head2,250.00–2,250.002,2501
SteersMedium and Large 2400–450424250.00/cwt250.00–250.001,0604
SteersMedium and Large 2350–400373275.56/cwt267.50–290.001,0283
SteersMedium and Large 1300–350327329.94/cwt310.00–357.501,0796
Cow-Calf PairsMedium and Large 1-21,8853,150.00/head3,150.00–3,150.003,1501
Stock CowsMedium and Large 1-21,039135.53/cwt125.00–150.001,4085
SteersMedium and Large 1Value Added450–500470288.87/cwt285.00–301.001,3584
Bred CowsMedium and Large 1-21,1321,848.64/head1,825.00–1,875.001,8493
Bred CowsMedium and Large 1-21,0201,825.00/head1,825.00–1,825.001,8251
SteersMedium and Large 1550–600566244.36/cwt240.00–250.001,3837
Cow-Calf PairsMedium and Large 1-21,4402,800.00/head2,800.00–2,800.002,8001
Cow-Calf PairsMedium and Large 1-21,3652,100.00/head2,100.00–2,100.002,1001
HeifersMedium and Large 1Replacement400–450435295.00/cwt295.00–295.001,2831
SteersMedium and Large 1400–450417290.17/cwt255.00–327.501,21023
SteersMedium and Large 1Value Added400–450428329.13/cwt325.00–337.501,4093
SteersMedium and Large 1600–650619231.74/cwt227.00–239.001,4349
HeifersMedium and Large 1Replacement650–700650251.00/cwt251.00–251.001,6321

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.