Sale reports / Arkansas / Hope Livestock Auction Inc. / 2024-12-05

Hope Livestock Auction Inc.

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Hope, Arkansas · Thu, Dec 5
● Final58 lots reportedUSDA AMS · slug 2058
Feeder Cattle receipts
703 head
51 vs last sale 652 168 vs year ago 871 · 19.3%
Slaughter Cattle receipts
72 head
59 vs last sale 131 106 vs year ago 178 · 59.6%
Replacement Cattle receipts
10 head
5 vs last sale 15 0 vs year ago 10 · +0.0%
View

Reporter comment USDA

As filed

No trend due to no sale last week. Lightweight calves were in high demand. 300-500 lb. calves were bringing figures not seen before. Slaughter cattle were a tick higher than the holiday week. Quality was average. Buyers were aggressive on all classes. Sold 3 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 $279.40/cwt on 41 head. That ranks 1 of 28 comparable sales and sits 141.95 against this barn's trailing median of $421.35.
Average price
$279.40
41 head · 545 lb average
Value per head Derived
$1,523
Price × average weight ÷ 100
Grade differential Derived
$246
per head · Medium and Large 1 over Medium and Large 2
$34.49/cwt at this weight
vs the market
30.40
vs AR average
45.97 vs national

What quality paid 500–600 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1548283.601,55436
Medium and Large 2525249.111,3085thin
One grade step is worth $34.49/cwt here — about $246 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 sale41 hd
279.40
AR average7 barns · 548 hd
309.80
−30.40
National average187 barns · 33,494 hd
325.37
−45.97
This barn, trailing median28 sales
421.35
−141.95
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
BullsAverage1,726143.492,4778thin
CowsBoner 80-85%Low1,097110.041,20722
CowsBreaker 75-80%Average1,285110.001,4141thin
CowsLean 85-90%Average95793.7689717

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)Middle Aged (5-8 yrs)1,020$1,8801thin
Bred Cows2nd Stage (4-6 mo)Aged (>8 yrs)1,113$1,5673thin
Cow-Calf PairsOpenMiddle Aged (5-8 yrs)1,150$2,3523thin

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
SteersMedium and Large 1Fancy350–400375420.00/cwt420.00–420.001,5751
Bulls1,692136.90/cwt131.00–143.002,3165
CowsBreaker 75-80%1,285110.00/cwt110.00–110.001,4141
CowsBoner 80-85%1,03892.26/cwt90.00–94.009587
CowsLean 85-90%96895.25/cwt90.00–102.0092216
Bulls1,783154.47/cwt151.00–159.002,7543
CowsLean 85-90%78070.00/cwt70.00–70.005461
CowsBoner 80-85%1,115116.79/cwt110.00–125.001,30214
CowsBoner 80-85%1,255140.00/cwt140.00–140.001,7571
BullsMedium and Large 1500–550527258.60/cwt240.00–270.001,3639
HeifersMedium and Large 1750–800758214.00/cwt210.00–222.001,6225
BullsMedium and Large 1550–600574255.92/cwt240.00–265.001,4697
SteersMedium and Large 1600–650610264.10/cwt260.00–272.501,6113
SteersMedium and Large 1550–600570280.11/cwt270.00–305.001,59717
HeifersMedium and Large 1550–600570246.90/cwt240.00–255.001,4078
HeifersMedium and Large 1450–500472283.82/cwt265.00–307.501,34025
HeifersMedium and Large 1400–450419298.93/cwt275.00–322.501,25322
SteersMedium and Large 1800–850810233.00/cwt233.00–233.001,8872
HeifersMedium and Large 1600–650629238.51/cwt230.00–245.001,5008
SteersMedium and Large 1400–450415337.50/cwt310.00–360.001,40111
SteersMedium and Large 1300–350320380.02/cwt350.00–407.501,21610
SteersMedium and Large 1Value Added550–600550281.25/cwt280.00–282.501,5474
HeifersMedium and Large 1Value Added650–700655243.00/cwt243.00–243.001,5922
BullsMedium and Large 1600–650625238.00/cwt238.00–238.001,4881
BullsMedium and Large 1700–750730230.00/cwt230.00–230.001,6791
SteersMedium and Large 1500–550520289.08/cwt262.00–317.501,50311
SteersMedium and Large 1450–500471303.32/cwt270.00–330.001,42913
SteersMedium and Large 1Value Added450–500481321.51/cwt320.00–322.501,5465
HeifersMedium and Large 1350–400383315.33/cwt300.00–337.501,2089
BullsMedium and Large 1800–850815214.00/cwt214.00–214.001,7441
HeifersMedium and Large 1650–700695236.00/cwt236.00–236.001,6401
SteersMedium and Large 1Value Added400–450425340.00/cwt340.00–340.001,4454
SteersMedium and Large 1700–750700240.00/cwt240.00–240.001,6801
Cow-Calf PairsMedium and Large 1-21,1502,352.17/head2,250.00–2,450.002,3523
Bred CowsMedium and Large 1-21,1131,567.07/head1,500.00–1,600.001,5673
SteersMedium and Large 1750–800787233.37/cwt230.00–240.001,8373
SteersMedium and Large 1650–700677254.02/cwt247.50–265.001,7205
SteersMedium and Large 2450–500473258.33/cwt240.00–270.001,2227
HeifersMedium and Large 2450–500478233.11/cwt230.00–240.001,1146
SteersMedium and Large 2300–350335304.64/cwt300.00–310.001,0215
SteersMedium and Large 2400–450418271.56/cwt268.00–275.001,1355
SteersMedium and Large 1Value Added500–550528285.75/cwt285.00–286.501,5094
SteersMedium and Large 1350–400374376.64/cwt335.00–405.001,40911
SteersMedium and Large 2350–400375294.04/cwt285.00–302.001,10311
HeifersMedium and Large 2550–600595230.00/cwt230.00–230.001,3691
HeifersMedium and Large 2400–450423242.46/cwt235.00–250.001,0262
HeifersMedium and Large 2350–400374260.46/cwt245.00–270.009745
HeifersMedium and Large 1Value Added450–500464299.49/cwt287.50–310.001,3908
HeifersMedium and Large 1Value Added550–600560260.00/cwt260.00–260.001,4562
HeifersMedium and Large 1500–550518267.52/cwt257.00–277.501,3866
HeifersMedium and Large 1300–350323333.83/cwt308.00–347.501,0788
Bred CowsMedium and Large 1-21,0201,880.00/head1,880.00–1,880.001,8801
SteersMedium and Large 2500–550525249.11/cwt230.00–265.001,3085
HeifersMedium and Large 1Value Added500–550509272.52/cwt270.00–275.001,3878
HeifersMedium and Large 1Value Added400–450425312.50/cwt312.50–312.501,3282
SteersMedium and Large 1Fancy300–350318446.73/cwt437.50–455.001,4212
HeifersMedium and Large 1Fancy400–450435337.50/cwt337.50–337.501,4681
BullsMedium and Large 1450–500468278.00/cwt270.00–282.001,3017

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.