Sale reports / Arkansas / Hope Livestock Auction Inc. / 2024-10-10

Hope Livestock Auction Inc.

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Hope, Arkansas · Thu, Oct 10
● Final56 lots reportedUSDA AMS · slug 2058
Feeder Cattle receipts
679 head
16 vs last sale 695 254 vs year ago 933 · 27.2%
Slaughter Cattle receipts
114 head
46 vs last sale 160 108 vs year ago 222 · 48.6%
Replacement Cattle receipts
10 head
0 vs last sale 10 5 vs year ago 15 · 33.3%
View

Reporter comment USDA

As filed

Compared to last week: Feeder steers 3.00-6.00 higher. Feeder heifers 2.00-10.00 higher. Slaughter cows steady to 2.00 higher. Slaughter bulls steady. Quality was average to attractive. Market was stronger in most classes. Lightweight calves were in high demand again this week. Sold two loads on video this week for a premium. . 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 $260.80/cwt on 20 head. That ranks 1 of 28 comparable sales and sits 160.55 against this barn's trailing median of $421.35.
Average price
$260.80
20 head · 534 lb average
Value per head Derived
$1,393
Price × average weight ÷ 100
Grade differential Derived
$219
per head · Medium and Large 1 over Medium and Large 2
$34.22/cwt at this weight
vs the market
8.76
vs AR average
33.51 vs national

What quality paid 500–600 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1536264.221,41518thin
Medium and Large 2520230.001,1962thin
One grade step is worth $34.22/cwt here — about $219 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 sale20 hd
260.80
AR average10 barns · 545 hd
269.56
−8.76
National average177 barns · 23,944 hd
294.31
−33.51
This barn, trailing median28 sales
421.35
−160.55
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
BullsLow1,741133.752,32812
CowsBoner 80-85%High1,208118.921,43735
CowsBreaker 75-80%Average1,585115.001,8231thin
CowsLean 85-90%Average973104.841,02010

Every lot, as filed

56 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
CowsBoner 80-85%1,326131.37/cwt130.00–132.001,7425
CowsBoner 80-85%1,052106.01/cwt105.00–108.001,1157
BullsMedium and Large 1750–800770190.13/cwt185.00–195.001,4642
BullsMedium and Large 1600–650616225.37/cwt220.00–230.001,3885
BullsMedium and Large 1550–600568230.35/cwt225.00–237.001,3088
HeifersMedium and Large 1350–400368286.07/cwt257.00–305.001,05311
HeifersMedium and Large 1800–850800192.50/cwt185.00–200.001,5402
BullsMedium and Large 1500–550535236.03/cwt225.00–242.001,2637
SteersMedium and Large 1400–450425301.12/cwt285.00–345.001,2809
SteersMedium and Large 1300–350319355.14/cwt315.00–375.001,13312
SteersMedium and Large 1Value Added450–500490285.00/cwt285.00–285.001,3972
SteersMedium and Large 1Value Added700–750730238.00/cwt238.00–238.001,7373
SteersMedium and Large 1Value Added500–550525272.60/cwt267.50–277.501,4314
SteersMedium and Large 1Value Added400–450430306.79/cwt297.50–325.001,31910
SteersMedium and Large 1700–750730233.00/cwt233.00–233.001,7011
SteersMedium and Large 1800–850805218.00/cwt218.00–218.001,7551
SteersMedium and Large 2500–550520230.00/cwt230.00–230.001,1962
SteersMedium and Large 1500–550521264.51/cwt250.00–277.501,3788
SteersMedium and Large 1450–500469278.57/cwt270.00–289.001,3069
SteersMedium and Large 1350–400373348.34/cwt320.00–372.501,29915
SteersMedium and Large 2400–450425258.50/cwt237.00–265.001,09910
SteersMedium and Large 1850–900885215.00/cwt215.00–215.001,9031
SteersMedium and Large 1750–800773224.01/cwt223.00–225.001,7322
SteersMedium and Large 1600–650615242.89/cwt237.50–247.001,4944
SteersMedium and Large 1650–700669239.70/cwt234.00–247.501,6045
SteersMedium and Large 1550–600562258.26/cwt250.00–262.501,4516
HeifersMedium and Large 1Value Added800–850840200.00/cwt200.00–200.001,6803
HeifersMedium and Large 1Value Added450–500467259.88/cwt250.00–272.501,2146
SteersMedium and Large 1Fancy400–450435327.50/cwt322.50–337.501,4253
SteersMedium and Large 2350–400370274.80/cwt270.00–280.001,0174
SteersMedium and Large 2450–500453242.54/cwt235.00–250.001,0994
SteersMedium and Large 2300–350327283.97/cwt275.00–300.009297
HeifersMedium and Large 1700–750738198.71/cwt195.00–202.501,4662
HeifersMedium and Large 1650–700663217.44/cwt212.00–223.001,4422
HeifersMedium and Large 1300–350327286.44/cwt272.50–310.009377
HeifersMedium and Large 1Value Added400–450423281.38/cwt272.50–300.001,1903
HeifersMedium and Large 2500–550517217.95/cwt215.00–220.001,1276
HeifersMedium and Large 2350–400364236.81/cwt225.00–245.008629
HeifersMedium and Large 1750–800770188.26/cwt180.00–195.001,4503
HeifersMedium and Large 1400–450415257.92/cwt245.00–277.501,07016
HeifersMedium and Large 1550–600575231.66/cwt228.00–237.501,3324
HeifersMedium and Large 1600–650619223.64/cwt220.00–228.001,3846
BullsMedium and Large 1450–500476254.94/cwt250.00–260.001,2148
HeifersMedium and Large 1500–550518234.95/cwt230.00–240.001,21711
HeifersMedium and Large 1450–500475247.01/cwt235.00–275.001,17314
HeifersMedium and Large 1Fancy300–350345307.50/cwt307.50–307.501,0611
HeifersMedium and Large 2400–450400238.00/cwt238.00–238.009522
HeifersMedium and Large 2300–350336236.79/cwt235.00–240.007966
Bred CowsMedium and Large 1-21,220132.00/cwt132.00–132.001,6101
Stock CowsMedium and Large 1-2987160.23/cwt145.00–171.001,5817
Bulls1,358122.99/cwt122.00–124.001,6702
Bulls1,721134.88/cwt131.00–140.002,3218
Bulls2,203140.00/cwt140.00–140.003,0842
CowsLean 85-90%973104.84/cwt100.00–108.001,02010
CowsBreaker 75-80%1,585115.00/cwt115.00–115.001,8231
CowsBoner 80-85%1,230120.15/cwt112.00–127.001,47823

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.