Sale reports / Arkansas / Hope Livestock Auction Inc. / 2024-10-24

Hope Livestock Auction Inc.

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Hope, Arkansas · Thu, Oct 24
● Final65 lots reportedUSDA AMS · slug 2058
Feeder Cattle receipts
694 head
15 vs last sale 679 163 vs year ago 857 · 19.0%
Slaughter Cattle receipts
85 head
29 vs last sale 114 77 vs year ago 162 · 47.5%
Replacement Cattle receipts
10 head
0 vs last sale 10 0 vs year ago 10 · +0.0%
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Reporter comment USDA

As filed

No trend due to no report last week. Slaughter cows would be softer this week. Light calves were still in good demand. Quality was average with some attractive calf crops.

Weight class

Steers · summary 500–600 lb

Weighted average of every reported lot
500–600 lb steers averaged $251.66/cwt on 30 head. That ranks 1 of 28 comparable sales and sits 169.69 against this barn's trailing median of $421.35.
Average price
$251.66
30 head · 541 lb average
Value per head Derived
$1,362
Price × average weight ÷ 100
Grade differential Derived
$146
per head · Medium and Large 1 over Medium and Large 2
$24.98/cwt at this weight
vs the market
12.81
vs AR average
47.38 vs national

What quality paid 500–600 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1542254.991,38226
Medium and Large 2537230.021,2364thin
One grade step is worth $24.98/cwt here — about $146 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 sale30 hd
251.66
AR average10 barns · 543 hd
264.48
−12.81
National average191 barns · 36,605 hd
299.04
−47.38
This barn, trailing median28 sales
421.35
−169.69
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
BullsAverage1,620126.462,0497thin
CowsBreaker 75-80%Average1,443114.001,6452thin
CowsBoner 80-85%Average1,183110.801,31128
CowsLean 85-90%High969100.9597811

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)1,275$1,8251thin
Bred Cows2nd Stage (4-6 mo)Young (2-4 yrs)1,205$1,7751thin

Every lot, as filed

65 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 1700–750712231.65/cwt225.00–235.001,6493
SteersMedium and Large 2400–450425253.71/cwt250.00–260.001,0788
SteersMedium and Large 2450–500481235.76/cwt235.00–238.001,1344
SteersMedium and Large 1Value Added850–900863226.01/cwt225.00–227.001,9502
SteersMedium and Large 1Value Added650–700680249.94/cwt247.50–255.001,7006
SteersMedium and Large 1650–700680236.79/cwt230.00–242.001,61013
SteersMedium and Large 1Fancy350–400370377.50/cwt377.50–377.501,3971
SteersMedium and Large 2500–550523231.69/cwt225.00–235.001,2123
SteersMedium and Large 1550–600568250.47/cwt240.00–265.001,42313
SteersMedium and Large 2550–600580225.00/cwt225.00–225.001,3051
SteersMedium and Large 1Value Added600–650625240.00/cwt240.00–240.001,5002
SteersMedium and Large 1350–400373317.91/cwt300.00–347.501,1864
HeifersMedium and Large 2300–350324235.52/cwt235.00–238.007636
SteersMedium and Large 1300–350322343.38/cwt325.00–370.001,1069
Bred CowsMedium and Large 1-21,2751,825.00/head1,825.00–1,825.001,8251
HeifersMedium and Large 2350–400380236.62/cwt235.00–240.008993
BullsMedium and Large 1650–700680218.00/cwt218.00–218.001,4821
BullsMedium and Large 1450–500485247.00/cwt247.00–247.001,1982
BullsMedium and Large 1500–550534235.78/cwt227.00–240.001,2597
BullsMedium and Large 1600–650620220.00/cwt220.00–220.001,3641
BullsMedium and Large 1750–800760215.00/cwt215.00–215.001,6341
HeifersMedium and Large 1Fancy400–450435288.66/cwt285.00–292.501,2562
SteersMedium and Large 1Value Added800–850807236.33/cwt233.00–238.001,9073
SteersMedium and Large 1850–900865223.00/cwt223.00–223.001,9291
SteersMedium and Large 1Value Added700–750713240.58/cwt236.00–245.001,71510
SteersMedium and Large 2350–400368273.26/cwt270.00–275.001,0069
SteersMedium and Large 1Value Added750–800773231.65/cwt230.00–235.001,7916
SteersMedium and Large 1Value Added500–550525270.00/cwt270.00–270.001,4182
Bulls1,643126.98/cwt125.00–130.002,0864
Bulls1,470117.64/cwt115.00–120.001,7292
Stock CowsMedium and Large 1-2896161.22/cwt155.00–167.501,4456
Bred CowsMedium and Large 1-21,2051,775.00/head1,775.00–1,775.001,7751
SteersMedium and Large 1750–800767226.68/cwt220.00–233.001,7396
SteersMedium and Large 1450–500474271.55/cwt265.00–277.501,2878
SteersMedium and Large 1500–550514257.61/cwt250.00–272.501,32411
SteersMedium and Large 1Fancy300–350300380.00/cwt380.00–380.001,1401
HeifersMedium and Large 1550–600568232.23/cwt218.00–247.001,31916
SteersMedium and Large 1600–650609238.65/cwt235.00–242.501,4536
SteersMedium and Large 2300–350329279.82/cwt265.00–290.009215
SteersMedium and Large 1800–850820228.00/cwt228.00–228.001,8701
SteersMedium and Large 1400–450411293.05/cwt270.00–327.501,20412
HeifersMedium and Large 1400–450428262.17/cwt247.50–282.501,1229
HeifersMedium and Large 2600–650600200.00/cwt200.00–200.001,2001
HeifersMedium and Large 1750–800755212.00/cwt212.00–212.001,6011
HeifersMedium and Large 1700–750730213.75/cwt210.00–215.001,5604
HeifersMedium and Large 2400–450417227.04/cwt225.00–228.009473
HeifersMedium and Large 1Value Added600–650640230.00/cwt230.00–230.001,4722
HeifersMedium and Large 1600–650609220.26/cwt215.00–235.001,3419
HeifersMedium and Large 1650–700660210.00/cwt210.00–210.001,3862
HeifersMedium and Large 1500–550521233.06/cwt230.00–247.501,2149
HeifersMedium and Large 2450–500463231.77/cwt219.00–245.001,0737
HeifersMedium and Large 1350–400371269.49/cwt260.00–282.501,00010
HeifersMedium and Large 1450–500474249.10/cwt237.00–265.001,18127
HeifersMedium and Large 1Fancy550–600550250.00/cwt250.00–250.001,3751
HeifersMedium and Large 1Fancy450–500463272.49/cwt270.00–275.001,2622
BullsMedium and Large 1550–600577229.46/cwt225.00–235.001,32410
HeifersMedium and Large 2500–550510213.00/cwt213.00–213.001,0861
HeifersMedium and Large 2550–600550205.00/cwt205.00–205.001,1282
Bulls1,830142.00/cwt142.00–142.002,5991
CowsLean 85-90%1,050109.00/cwt109.00–109.001,1451
CowsBoner 80-85%1,220112.88/cwt108.00–122.001,37721
CowsBoner 80-85%1,04599.97/cwt95.00–105.001,0456
CowsLean 85-90%961100.15/cwt95.00–103.0096210
CowsBoner 80-85%1,235132.00/cwt132.00–132.001,6301
CowsBreaker 75-80%1,443114.00/cwt113.00–115.001,6452

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.