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

Hope Livestock Auction Inc.

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Hope, Arkansas · Thu, Dec 12
● Final63 lots reportedUSDA AMS · slug 2058
Feeder Cattle receipts
887 head
184 vs last sale 703 195 vs year ago 692 · +28.2%
Slaughter Cattle receipts
111 head
39 vs last sale 72 72 vs year ago 183 · 39.3%
Replacement Cattle receipts
12 head
2 vs last sale 10 23 vs year ago 35 · 65.7%
View

Reporter comment USDA

As filed

Compared to last week: Feeder steers unevenly steady. Feeder heifers under 400 lbs. 2.00-4.00 lower; over 400 lbs. 5.00-10.00 higher. Slaughter cows 1.00-3.00 lower. Slaughter bulls steady to 1.00 lower. Quality was average. Very few cattle over 600 lbs., most of the offering was lightweight calves. Demand was strong on all classes of calves and yearlings. Next week will have a large offering of stock cows. It will be the last sale for this year.

Weight class

Steers · summary 500–600 lb

Weighted average of every reported lot
500–600 lb steers averaged $273.94/cwt on 34 head. That ranks 1 of 28 comparable sales and sits 147.42 against this barn's trailing median of $421.35.
Average price
$273.94
34 head · 537 lb average
Value per head Derived
$1,471
Price × average weight ÷ 100
Grade differential Derived
$243
per head · Medium and Large 1 over Medium and Large 2
$47.13/cwt at this weight
vs the market
35.16
vs AR average
50.41 vs national

What quality paid 500–600 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1536287.801,54224
Medium and Large 2540240.671,29910thin
One grade step is worth $47.13/cwt here — about $243 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 sale34 hd
273.94
AR average9 barns · 633 hd
309.09
−35.16
National average185 barns · 29,268 hd
324.35
−50.41
This barn, trailing median28 sales
421.35
−147.42
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
BullsHigh1,570136.852,1498thin
CowsBoner 80-85%Average1,108111.161,23230
CowsBreaker 75-80%Average1,550107.001,6591thin
CowsLean 85-90%High94793.4088411

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)972$2,0255
Bred Cows2nd Stage (4-6 mo)Middle Aged (5-8 yrs)1,190$1,9332thin
Bred Cows3rd Stage (7-9 mo)Aged (>8 yrs)1,125$1,7501thin
Bred Cows2nd Stage (4-6 mo)Aged (>8 yrs)1,095$1,7501thin

Every lot, as filed

63 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 2400–450438270.00/cwt270.00–270.001,1834
SteersMedium and Large 2350–400370300.02/cwt295.00–302.501,1107
BullsMedium and Large 1600–650623239.98/cwt235.00–245.001,4956
HeifersMedium and Large 1450–500468288.59/cwt267.00–305.001,35111
HeifersMedium and Large 1650–700677251.50/cwt247.50–260.001,7033
CowsLean 85-90%990105.67/cwt105.00–106.001,0463
CowsLean 85-90%82069.55/cwt65.00–74.005702
CowsBoner 80-85%1,094115.55/cwt108.00–122.001,26419
CowsBoner 80-85%1,337126.32/cwt125.00–127.001,6893
Bulls1,785148.00/cwt148.00–148.002,6421
Bulls1,385120.00/cwt120.00–120.001,6621
HeifersMedium and Large 1Fancy300–350321369.66/cwt360.00–400.001,1875
HeifersMedium and Large 1Fancy350–400355350.00/cwt350.00–350.001,2431
BullsMedium and Large 1450–500472282.49/cwt270.00–290.001,3337
BullsMedium and Large 1700–750725228.30/cwt225.00–230.001,6553
BullsMedium and Large 1550–600590259.57/cwt250.00–270.001,5315
HeifersMedium and Large 1350–400373312.87/cwt292.50–340.001,16717
HeifersMedium and Large 1400–450427298.65/cwt282.50–320.001,27517
BullsMedium and Large 1650–700670241.21/cwt230.00–255.001,6168
HeifersMedium and Large 1Fancy500–550508291.27/cwt290.00–292.501,4802
BullsMedium and Large 1500–550540267.00/cwt267.00–267.001,4421
BullsMedium and Large 1750–800770229.00/cwt228.00–230.001,7632
SteersMedium and Large 1750–800765235.00/cwt235.00–235.001,7982
HeifersMedium and Large 1300–350321327.26/cwt315.00–350.001,05115
SteersMedium and Large 1650–700666256.43/cwt252.50–265.001,7085
BullsMedium and Large 1Fleshy700–750718222.49/cwt220.00–225.001,5974
HeifersMedium and Large 1500–550528272.42/cwt267.50–285.001,43811
HeifersMedium and Large 1550–600566261.31/cwt250.00–272.001,47911
SteersMedium and Large 1350–400368372.27/cwt325.00–435.001,37018
SteersMedium and Large 1300–350326383.55/cwt340.00–445.001,25021
SteersMedium and Large 1450–500471318.49/cwt285.00–342.501,50017
HeifersMedium and Large 1600–650618252.27/cwt247.50–265.001,5599
HeifersMedium and Large 1Value Added500–550515283.82/cwt280.00–287.501,4624
SteersMedium and Large 1800–850830235.00/cwt235.00–235.001,9511
Bred CowsMedium and Large 1-21,1901,932.83/head1,800.00–2,025.001,9332
HeifersMedium and Large 1Value Added450–500488303.33/cwt302.50–305.001,4803
SteersMedium and Large 1550–600566276.67/cwt270.00–282.501,5667
HeifersMedium and Large 1Fleshy650–700655210.00/cwt210.00–210.001,3761
SteersMedium and Large 1500–550525286.81/cwt277.50–300.001,50614
SteersMedium and Large 1700–750707245.00/cwt242.50–247.501,7323
SteersMedium and Large 2300–350315310.00/cwt310.00–310.009772
SteersMedium and Large 1-2400–450424314.90/cwt300.00–327.501,3357
SteersMedium and Large 1-2450–500480302.50/cwt302.50–302.501,4521
SteersMedium and Large 1600–650619261.18/cwt250.00–267.001,6178
Bred CowsMedium and Large 1-21,1251,750.00/head1,750.00–1,750.001,7501
Bred CowsMedium and Large 1-21,0951,750.00/head1,750.00–1,750.001,7501
SteersMedium and Large 2550–600569234.61/cwt225.00–245.001,3354
Bred CowsMedium and Large 1-29722,024.72/head1,800.00–2,175.002,0255
SteersMedium and Large 2450–500484259.87/cwt250.00–275.001,2587
SteersMedium and Large 1400–450425342.22/cwt320.00–375.001,45418
SteersMedium and Large 2600–650620217.00/cwt217.00–217.001,3451
SteersMedium and Large 2500–550520244.71/cwt235.00–255.001,2726
HeifersMedium and Large 2350–400375275.00/cwt275.00–275.001,0312
HeifersMedium and Large 2450–500475266.80/cwt247.00–285.001,2676
HeifersMedium and Large 2500–550510230.00/cwt230.00–230.001,1732
SteersMedium and Large 1-2350–400367318.72/cwt312.50–320.001,1706
HeifersMedium and Large 1Fleshy600–650625225.00/cwt225.00–225.001,4061
Bulls1,565137.80/cwt130.00–141.002,1576
CowsBoner 80-85%1,05695.06/cwt90.00–105.001,0048
CowsBreaker 75-80%1,550107.00/cwt107.00–107.001,6591
CowsLean 85-90%96795.21/cwt90.00–102.009216
SteersMedium and Large 1Fancy300–350315450.00/cwt450.00–450.001,4181
SteersMedium and Large 1Fancy500–550515318.37/cwt315.00–325.001,6403

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.