Sale reports / Arkansas / Hope Livestock Auction Inc. / 2024-09-26

Hope Livestock Auction Inc.

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Hope, Arkansas · Thu, Sep 26
● Final59 lots reportedUSDA AMS · slug 2058
Feeder Cattle receipts
719 head
131 vs last sale 588 150 vs year ago 869 · 17.3%
Slaughter Cattle receipts
168 head
4 vs last sale 164 43 vs year ago 211 · 20.4%
Replacement Cattle receipts
20 head
5 vs last sale 25 5 vs year ago 25 · 20.0%
View

Reporter comment USDA

As filed

Compared to last week: Feeder steers 4.00-10.00 higher. Feeder heifers unevenly steady. Slaughter cows 3.00-5.00 lower. Slaughter bulls 2.00-5.00 lower. Quality was average.

six video loads to view results click this link ( https://www.ams.usda.gov/mnreports/ams_3628.pdf ).

Weight class

Steers · summary 500–600 lb

Weighted average of every reported lot
500–600 lb steers averaged $260.36/cwt on 61 head. That ranks 1 of 28 comparable sales and sits 160.99 against this barn's trailing median of $421.35.
Average price
$260.36
61 head · 544 lb average
Value per head Derived
$1,417
Price × average weight ÷ 100
Grade differential Derived
$190
per head · Medium and Large 1 over Medium and Large 2
$30.87/cwt at this weight
vs the market
+0.39
vs AR average
13.93 vs national

What quality paid 500–600 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1545260.871,42160
Medium and Large 2535230.001,2311thin
One grade step is worth $30.87/cwt here — about $190 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

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 sale61 hd
260.36
AR average10 barns · 442 hd
259.97
+0.39
National average169 barns · 10,664 hd
274.29
−13.93
This barn, trailing median28 sales
421.35
−160.99
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
BullsAverage1,726133.152,29812
CowsBoner 80-85%Low1,111112.791,25339
CowsLean 85-90%Average96798.2195018

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)1,100$2,1252thin
Bred Cows2nd Stage (4-6 mo)Middle Aged (5-8 yrs)1,097$1,6909
Bred Cows2nd Stage (4-6 mo)Aged (>8 yrs)1,045$1,6002thin
Cow-Calf PairsOpenYoung (2-4 yrs)1,295$2,2002thin
Cow-Calf PairsOpenMiddle Aged (5-8 yrs)1,255$2,1502thin
Cow-Calf PairsOpenAged (>8 yrs)1,323$2,1084thin

Every lot, as filed

59 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 1Value Added500–550520239.71/cwt235.00–243.001,2465
Bred CowsMedium and Large 1-21,1002,125.00/head2,125.00–2,125.002,1252
HeifersMedium and Large 1500–550525226.64/cwt222.00–235.001,1904
BullsMedium and Large 1500–550516245.19/cwt240.00–247.001,2654
BullsMedium and Large 1700–750710205.00/cwt205.00–205.001,4561
HeifersMedium and Large 1Fancy350–400375300.00/cwt300.00–300.001,1251
HeifersMedium and Large 1750–800775190.00/cwt190.00–190.001,4731
HeifersMedium and Large 2400–450426222.50/cwt210.00–225.009486
HeifersMedium and Large 2500–550524210.58/cwt210.00–212.001,1037
HeifersMedium and Large 2350–400369238.47/cwt235.00–240.008808
HeifersMedium and Large 2450–500477221.61/cwt220.00–225.001,0573
HeifersMedium and Large 2550–600585204.42/cwt200.00–209.001,1964
HeifersMedium and Large 1600–650628213.45/cwt210.00–220.001,3407
SteersMedium and Large 2400–450417238.22/cwt230.00–245.009937
SteersMedium and Large 2300–350313281.72/cwt275.00–295.008826
SteersMedium and Large 2350–400387281.94/cwt270.00–290.001,0915
SteersMedium and Large 2500–550535230.00/cwt230.00–230.001,2311
SteersMedium and Large 2450–500470234.10/cwt230.00–240.001,1007
HeifersMedium and Large 1650–700655210.00/cwt210.00–210.001,3761
Bred CowsMedium and Large 1-21,0971,689.59/head1,600.00–1,775.001,6909
Bred CowsMedium and Large 1-21,0451,600.00/head1,600.00–1,600.001,6002
Cow-Calf PairsMedium and Large 1-21,2952,200.00/head2,200.00–2,200.002,2002
Cow-Calf PairsMedium and Large 1-21,2552,150.00/head2,150.00–2,150.002,1502
Cow-Calf PairsMedium and Large 1-21,3232,108.13/head2,000.00–2,200.002,1084
SteersMedium and Large 1350–400381327.46/cwt300.00–350.001,24811
HeifersMedium and Large 1Value Added450–500470242.23/cwt241.00–243.001,1385
HeifersMedium and Large 1Value Added550–600560230.00/cwt230.00–230.001,2882
SteersMedium and Large 1Value Added400–450430290.00/cwt290.00–290.001,2473
SteersMedium and Large 1400–450425306.46/cwt275.00–342.501,30221
Bulls1,726133.15/cwt128.00–142.002,29812
CowsBoner 80-85%1,044103.71/cwt100.00–107.001,08315
CowsBoner 80-85%1,153118.47/cwt112.00–126.001,36624
CowsLean 85-90%96798.21/cwt92.00–107.0095018
SteersMedium and Large 1Fancy400–450445340.00/cwt340.00–340.001,5131
SteersMedium and Large 1Fancy450–500480327.50/cwt327.50–327.501,5721
BullsMedium and Large 1650–700665220.00/cwt220.00–220.001,4631
HeifersMedium and Large 1350–400375278.96/cwt265.00–287.501,04611
HeifersMedium and Large 1400–450415252.31/cwt242.50–267.501,04713
HeifersMedium and Large 1550–600579224.70/cwt220.00–230.001,30114
BullsMedium and Large 1550–600578233.51/cwt225.00–237.501,3508
SteersMedium and Large 1Value Added600–650610245.00/cwt245.00–245.001,4952
HeifersMedium and Large 1700–750723204.14/cwt195.00–210.001,4763
SteersMedium and Large 1600–650618240.02/cwt231.00–259.001,48316
HeifersMedium and Large 1300–350331276.93/cwt265.00–282.5091710
BullsMedium and Large 1450–500480253.24/cwt250.00–255.001,2168
HeifersMedium and Large 1450–500465251.67/cwt243.00–260.001,1706
SteersMedium and Large 1700–750705227.00/cwt227.00–227.001,6003
HeifersMedium and Large 1Value Added400–450403268.73/cwt265.00–272.501,0836
SteersMedium and Large 1500–550521263.41/cwt250.00–277.501,37232
SteersMedium and Large 1550–600570256.62/cwt240.00–272.501,46320
SteersMedium and Large 1300–350324338.32/cwt320.00–365.001,0969
SteersMedium and Large 1Fancy300–350310377.42/cwt375.00–380.001,1702
SteersMedium and Large 1450–500475281.56/cwt265.00–302.501,33712
HeifersMedium and Large 1Replacement700–750730260.00/cwt260.00–260.001,8981
HeifersMedium and Large 1Replacement650–700665277.50/cwt277.50–277.501,8451
SteersMedium and Large 1Value Added550–600585260.09/cwt255.00–265.001,5226
SteersMedium and Large 1650–700663231.08/cwt223.00–235.001,53210
BullsMedium and Large 1600–650611223.14/cwt220.00–227.001,3636
SteersMedium and Large 1Value Added500–550545265.00/cwt265.00–265.001,4442

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.