Sale reports / Arkansas / Hope Livestock Auction Inc. / 2024-11-21

Hope Livestock Auction Inc.

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Hope, Arkansas · Thu, Nov 21
● Final58 lots reportedUSDA AMS · slug 2058
Feeder Cattle receipts
652 head
46 vs last sale 606 50 vs year ago 602 · +8.3%
Slaughter Cattle receipts
131 head
7 vs last sale 124 91 vs year ago 222 · 41.0%
Replacement Cattle receipts
15 head
0 vs last sale 15 135 vs year ago 150 · 90.0%
View

Reporter comment USDA

As filed

Compared to two weeks ago: Feeder steers 10.00-15.00 instances 20.00 higher. Feeder heifers 5.00-15.00 higher. Slaughter cows 3.00-8.00 lower. Slaughter bulls 4.00-5.00 lower. Quality was average to attractive. Market was strong on all classes of calves and yearlings. Slaughter cattle were few dollars cheaper again. No sale next week due to Thanksgiving holiday. Special replacement female sale will be held Saturday November 30th.

Weight class

Steers · summary 500–600 lb

Weighted average of every reported lot
500–600 lb steers averaged $284.48/cwt on 40 head. That ranks 1 of 28 comparable sales and sits 136.87 against this barn's trailing median of $421.35.
Average price
$284.48
40 head · 538 lb average
Value per head Derived
$1,530
Price × average weight ÷ 100
Grade differential Derived
$305
per head · Medium and Large 1 over Medium and Large 2
$48.31/cwt at this weight
vs the market
+1.44
vs AR average
24.78 vs national

What quality paid 500–600 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1540289.311,56236
Medium and Large 2521241.001,2564thin
One grade step is worth $48.31/cwt here — about $305 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 sale40 hd
284.48
AR average10 barns · 447 hd
283.04
+1.44
National average182 barns · 24,645 hd
309.26
−24.78
This barn, trailing median28 sales
421.35
−136.87
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
BullsAverage1,585118.861,8849thin
CowsBoner 80-85%Low1,160107.091,24342
CowsLean 85-90%Low89981.6673417

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)1,385$2,1501thin
Bred Cows3rd Stage (7-9 mo)Middle Aged (5-8 yrs)1,318$1,8862thin
Bred Cows2nd Stage (4-6 mo)Middle Aged (5-8 yrs)1,155$1,8501thin
Cow-Calf PairsOpenMiddle Aged (5-8 yrs)1,435$2,2251thin

Every lot, as filed

58 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
BullsMedium and Large 1800–850805200.00/cwt200.00–200.001,6101
BullsMedium and Large 1750–800755212.00/cwt212.00–212.001,6011
CowsLean 85-90%82168.29/cwt62.00–72.005617
CowsLean 85-90%95491.02/cwt85.00–100.0086810
Bulls1,714126.24/cwt120.00–135.002,1645
Bulls1,423109.64/cwt105.00–115.001,5604
SteersMedium and Large 1Fancy350–400350397.50/cwt397.50–397.501,3911
HeifersMedium and Large 1Fancy550–600575257.50/cwt257.50–257.501,4811
BullsMedium and Large 1550–600572239.91/cwt235.00–245.001,3725
HeifersMedium and Large 1400–450422275.55/cwt268.00–290.001,16313
HeifersMedium and Large 1350–400375286.73/cwt270.00–315.001,07523
HeifersMedium and Large 1600–650625230.41/cwt229.00–235.001,4405
HeifersMedium and Large 1500–550517255.53/cwt245.00–270.001,3218
SteersMedium and Large 1450–500465296.21/cwt275.00–315.001,37716
HeifersMedium and Large 1650–700655225.00/cwt220.00–230.001,4742
HeifersMedium and Large 1800–850810194.00/cwt194.00–194.001,5711
BullsMedium and Large 1650–700655226.67/cwt220.00–230.001,4853
HeifersMedium and Large 1450–500465265.25/cwt250.00–277.501,23319
SteersMedium and Large 1350–400377346.15/cwt320.00–390.001,30516
SteersMedium and Large 1550–600569280.14/cwt272.50–292.501,5945
SteersMedium and Large 1700–750731232.58/cwt230.00–235.001,7005
SteersMedium and Large 1600–650633259.82/cwt257.00–280.001,6458
SteersMedium and Large 1500–550526284.19/cwt270.00–297.501,4959
HeifersMedium and Large 1300–350315279.19/cwt267.50–295.008793
SteersMedium and Large 1400–450426308.94/cwt280.00–345.001,31623
SteersMedium and Large 1Value Added450–500470307.50/cwt307.50–307.501,4453
SteersMedium and Large 1Value Added550–600566293.89/cwt282.50–302.501,6639
SteersMedium and Large 1Value Added500–550520293.21/cwt287.50–305.001,52513
SteersMedium and Large 1750–800780230.00/cwt230.00–230.001,7941
SteersMedium and Large 1300–350319351.77/cwt325.00–375.001,1225
Stock CowsMedium and Large 1-2953137.28/cwt130.00–145.001,3082
SteersMedium and Large 2550–600585250.00/cwt250.00–250.001,4631
SteersMedium and Large 1650–700662240.26/cwt233.00–247.001,5916
HeifersMedium and Large 1Value Added600–650600238.00/cwt238.00–238.001,4282
HeifersMedium and Large 1Value Added500–550533263.73/cwt262.50–265.001,4064
HeifersMedium and Large 1Value Added550–600560252.50/cwt252.50–252.501,4141
HeifersMedium and Large 2400–450417239.90/cwt235.00–245.001,0007
HeifersMedium and Large 2550–600585210.00/cwt210.00–210.001,2292
Cow-Calf PairsMedium and Large 1-21,4352,225.00/head2,225.00–2,225.002,2251
Bred CowsMedium and Large 1-21,3181,885.96/head1,825.00–1,950.001,8862
Bred CowsMedium and Large 1-21,1551,850.00/head1,850.00–1,850.001,8501
Bred CowsMedium and Large 1-21,3852,150.00/head2,150.00–2,150.002,1501
HeifersMedium and Large 2300–350323256.21/cwt250.00–260.008288
HeifersMedium and Large 2500–550534222.02/cwt220.00–225.001,1865
SteersMedium and Large 2500–550500238.00/cwt238.00–238.001,1903
SteersMedium and Large 2300–350334288.05/cwt285.00–290.009625
HeifersMedium and Large 2350–400382248.32/cwt240.00–250.009496
HeifersMedium and Large 2600–650600212.00/cwt212.00–212.001,2722
SteersMedium and Large 2450–500475249.92/cwt240.00–255.001,1877
SteersMedium and Large 2350–400374274.99/cwt270.00–280.001,0288
HeifersMedium and Large 2450–500456231.44/cwt228.00–238.001,0557
SteersMedium and Large 2400–450415262.75/cwt255.00–268.001,0906
BullsMedium and Large 1700–750723217.68/cwt215.00–220.001,5743
BullsMedium and Large 1500–550520251.20/cwt247.00–255.001,3067
HeifersMedium and Large 1550–600569241.57/cwt240.00–249.001,37511
BullsMedium and Large 1450–500482262.74/cwt260.00–268.001,2667
CowsBoner 80-85%1,04384.89/cwt80.00–90.0088510
CowsBoner 80-85%1,197114.03/cwt100.00–125.001,36532

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.