Sale reports / Arkansas / Hope Livestock Auction Inc. / 2023-03-09

Hope Livestock Auction Inc.

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Hope, Arkansas · Thu, Mar 9
● Final54 lots reportedUSDA AMS · slug 2058
Feeder Cattle receipts
354 head
▼ 260 vs last sale 614▼ 326 vs year ago 680 · −47.9%
Slaughter Cattle receipts
98 head
▼ 30 vs last sale 128▲ 6 vs year ago 92 · +6.5%
Replacement Cattle receipts
15 head
▲ 0 vs last sale 15▲ 15 vs year ago 0 · no sale a year ago
View

Reporter comment USDA

As filed

Compared to last week: Feeder steers 5.00-15.00 higher. Feeder heifers 4.00-8.00 higher. Slaughter cows 2.00-4.00 higher. Slaughter bulls steady to 1.00 lower. Quality was average. There were limited receipts due to recent rains. Market was stronger on all classes of cattle. We continue to trend higher with new highs being seen each week for the year. Buyers were very active. Next week there will be a special replacement cow sale section in the weekly sale. Expecting 150 plus cows. The 3rd Thursday of each month will have a replacement cow section.

Weight classPick one — the panels below update

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $226.66/cwt on 76 head.
Average price
$226.66
76 head · 477 lb average
Value per head Derived
$1,081
Price × average weight ÷ 100
Grade differential Derived
$401
per head · Medium and Large 1 over Medium and Large 2
$45.05/cwt at this weight
vs the market
+10.57
vs AR average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1487231.401,12868
Medium and Large 2390186.357268thin
One grade step is worth $45.05/cwt here — about $401 a head. Across this sale the premium is widest at 0–100 lb. USDA reports each grade on its own line and never publishes the spread.

How it compared 0–100 lb

Same class and week · spot auction only
This sale76 hd
226.66
—
AR average10 barns · 913 hd
216.08
+10.57
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
Bulls—Low1,63793.701,53411
CowsBreaker 75-80%Average1,32085.001,1221thin
CowsBoner 80-85%Average1,12984.2495121
CowsLean 85-90%Low91263.695819thin

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)1,112$1,0873thin
Bred Cows2nd Stage (4-6 mo)Middle Aged (5-8 yrs)900$1,0001thin
Cow-Calf PairsOpenYoung (2-4 yrs)900$1,3501thin

Every lot

54 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. Grouped by class and set lightest first; USDA files them in sale-ring order.
ClassWeightGrade / descriptionAvg wtPriceRangePer headHead
Feeder Cattle · Steers18 lots · lightest first
Steers—Medium and Large 2328191.90/cwt185.00–195.006293
Steers—Medium and Large 1329256.71/cwt240.00–277.508457
Steers—Medium and Large 1Value Added333286.53/cwt285.00–288.009544
Steers—Medium and Large 1371242.37/cwt223.00–252.508999
Steers—Medium and Large 2385190.00/cwt190.00–190.007321
Steers—Medium and Large 1413239.13/cwt225.00–257.509887
Steers—Medium and Large 2418181.69/cwt180.00–185.007593
Steers—Medium and Large 1468242.84/cwt210.00–270.001,1368
Steers—Medium and Large 2495180.00/cwt180.00–180.008911
Steers—Medium and Large 1Value Added500245.00/cwt245.00–245.001,2252
Steers—Medium and Large 1527221.52/cwt200.00–242.501,1678
Steers—Medium and Large 1568219.46/cwt205.00–255.001,2476
Steers—Medium and Large 1Value Added583218.72/cwt217.50–220.001,2754
Steers—Medium and Large 1Value Added600215.00/cwt215.00–215.001,2902
Steers—Medium and Large 1615200.81/cwt185.00–215.001,2354
Steers—Medium and Large 1655195.73/cwt185.00–200.001,2824
Steers—Medium and Large 1713179.51/cwt179.00–180.001,2802
Steers—Medium and Large 1865165.00/cwt165.00–165.001,4271
Feeder Cattle · Heifers17 lots · lightest first
Heifers—Medium and Large 1Value Added323226.65/cwt220.00–230.007326
Heifers—Medium and Large 1325223.93/cwt202.50–234.007288
Heifers—Medium and Large 2330181.69/cwt178.00–187.006003
Heifers—Medium and Large 2365185.00/cwt185.00–185.006751
Heifers—Medium and Large 1373209.14/cwt196.00–232.5078011
Heifers—Medium and Large 1417206.04/cwt195.00–216.0085913
Heifers—Medium and Large 1Value Added440215.00/cwt215.00–215.009462
Heifers—Medium and Large 2440180.00/cwt180.00–180.007921
Heifers—Medium and Large 1472197.94/cwt190.00–205.009345
Heifers—Medium and Large 1Value Added473204.68/cwt204.00–205.009683
Heifers—Medium and Large 2500160.00/cwt160.00–160.008001
Heifers—Medium and Large 1516194.37/cwt185.00–203.001,0034
Heifers—Medium and Large 1Value Added520197.88/cwt195.00–201.001,0294
Heifers—Medium and Large 1Value Added553197.99/cwt195.00–201.001,0954
Heifers—Medium and Large 1573181.48/cwt180.00–183.001,0402
Heifers—Medium and Large 1600175.00/cwt175.00–175.001,0501
Heifers—Medium and Large 1760160.00/cwt160.00–160.001,2161
Feeder Cattle · Bulls8 lots · lightest first
Bulls—Medium and Large 1489197.00/cwt190.00–205.009634
Bulls—Medium and Large 1595190.00/cwt185.00–195.001,1312
Bulls—Medium and Large 1618181.19/cwt173.00–190.001,1205
Bulls—Medium and Large 1660150.00/cwt150.00–150.009901
Bulls—Medium and Large 1735147.53/cwt145.00–150.001,0842
Bulls—Medium and Large 1750150.00/cwt150.00–150.001,1251
Bulls—Medium and Large 1825140.00/cwt140.00–140.001,1552
Bulls—Medium and Large 1890151.00/cwt151.00–151.001,3441
Slaughter Cattle · Bulls2 lots · lightest first
Bulls——1,56580.00/cwt80.00–80.001,2521
Bulls——1,64495.07/cwt90.00–98.001,56310
Slaughter Cattle · Cows5 lots · lightest first
Cows—Lean 85-90%79740.66/cwt40.00–42.003243
Cows—Lean 85-90%96975.21/cwt70.00–78.007296
Cows—Boner 80-85%1,06568.94/cwt65.00–72.007343
Cows—Boner 80-85%1,14086.79/cwt80.00–91.0098918
Cows—Breaker 75-80%1,32085.00/cwt85.00–85.001,1221
Replacement Cattle · Stock Cows1 lot · lightest first
Stock Cows—Medium and Large 1-284189.96/cwt85.00–100.007575
Replacement Cattle · Bred Cows2 lots · lightest first
Bred Cows—Medium and Large 1-29001,000.00/head1,000.00–1,000.001,0001
Bred Cows—Medium and Large 1-21,1121,087.36/head975.00–1,150.001,0873
Replacement Cattle · Cow-Calf Pairs1 lot · lightest first
Cow-Calf Pairs—Medium and Large 1-29001,350.00/head1,350.00–1,350.001,3501

This sale against other markets

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.