Sale reports / Arkansas / Hope Livestock Auction Inc. / 2023-03-23

Hope Livestock Auction Inc.

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Hope, Arkansas · Thu, Mar 23
● Final56 lots reportedUSDA AMS · slug 2058
Feeder Cattle receipts
564 head
▼ 307 vs last sale 871▲ 36 vs year ago 528 · +6.8%
Slaughter Cattle receipts
159 head
▲ 3 vs last sale 156▲ 79 vs year ago 80 · +98.8%
Replacement Cattle receipts
12 head
▼ 48 vs last sale 60▲ 2 vs year ago 10 · +20.0%
View

Reporter comment USDA

As filed

Compared to last week: Feeder steers 3.00-10.00 lower. Feeder heifers 4.00-11.00 lower. Slaughter cows steady to 2.00 higher. Slaughter bulls steady. Quality was average to plain. Buyers were not as aggressive as last week on the calves and yearling cattle. Slaughter cattle still have a strong demand.

Weight classPick one — the panels below update

Heifers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb heifers averaged $188.61/cwt on 109 head.
Average price
$188.61
109 head · 470 lb average
Value per head Derived
$887
Price × average weight ÷ 100
Grade differential Derived
$183
per head · Medium and Large 1 over Medium and Large 2
$20.29/cwt at this weight
vs the market
−2.58
vs AR average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1482193.2693184
Medium and Large 2432172.9774725
One grade step is worth $20.29/cwt here — about $183 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 sale109 hd
188.61
—
AR average10 barns · 1,362 hd
191.19
−2.58
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—Low1,66294.781,57512
CowsBreaker 75-80%Average1,47390.551,3343thin
CowsBoner 80-85%High1,15888.381,02447
CowsLean 85-90%Low92973.5168313

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)1,060$1,0742thin
Cow-Calf PairsOpenMiddle Aged (5-8 yrs)1,323$1,3682thin
Cow-Calf PairsOpenAged (>8 yrs)1,140$1,0501thin

Every lot

56 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 · Steers15 lots · lightest first
Steers—Medium and Large 2314197.26/cwt185.00–210.006198
Steers—Medium and Large 1316257.48/cwt242.50–277.5081412
Steers—Medium and Large 2356186.23/cwt185.00–190.006634
Steers—Medium and Large 1369232.99/cwt220.00–245.0086010
Steers—Medium and Large 2410182.86/cwt177.50–190.007506
Steers—Medium and Large 1417228.07/cwt220.00–250.0095111
Steers—Medium and Large 1Value Added420227.50/cwt227.50–227.509562
Steers—Medium and Large 2469180.97/cwt180.00–185.008495
Steers—Medium and Large 1475209.03/cwt208.00–210.009932
Steers—Medium and Large 1511219.26/cwt207.50–232.501,1207
Steers—Medium and Large 2525170.97/cwt170.00–172.008984
Steers—Medium and Large 1567212.97/cwt205.00–219.001,2088
Steers—Medium and Large 1615205.50/cwt195.00–212.501,2649
Steers—Medium and Large 1670192.50/cwt192.50–192.501,2901
Steers—Medium and Large 1865170.00/cwt170.00–170.001,4711
Feeder Cattle · Heifers22 lots · lightest first
Heifers—Medium and Large 1Value Added310227.50/cwt227.50–227.507052
Heifers—Medium and Large 1318214.56/cwt200.00–230.006829
Heifers—Medium and Large 2320184.17/cwt180.00–187.005897
Heifers—Medium and Large 2365182.43/cwt180.00–185.006662
Heifers—Medium and Large 1Value Added368224.88/cwt222.50–227.508284
Heifers—Medium and Large 1370207.49/cwt200.00–220.007686
Heifers—Medium and Large 2417177.71/cwt175.00–180.007413
Heifers—Medium and Large 1423201.55/cwt191.00–210.0085313
Heifers—Medium and Large 1Value Added435206.00/cwt206.00–206.008962
Heifers—Medium and Large 2468169.36/cwt165.00–180.007936
Heifers—Medium and Large 1Value Added471199.29/cwt195.00–202.009394
Heifers—Medium and Large 1471198.65/cwt189.00–212.509369
Heifers—Medium and Large 1Value Added510193.65/cwt193.00–195.009883
Heifers—Medium and Large 1523189.85/cwt180.00–210.009939
Heifers—Medium and Large 2526161.02/cwt150.00–168.008475
Heifers—Medium and Large 2570157.95/cwt156.00–160.009002
Heifers—Medium and Large 1574179.33/cwt175.00–184.001,02910
Heifers—Medium and Large 1620167.42/cwt155.00–177.001,0383
Heifers—Medium and Large 1661150.26/cwt147.50–156.009935
Heifers—Medium and Large 1Value Added670155.00/cwt155.00–155.001,0392
Heifers—Medium and Large 1710140.00/cwt140.00–140.009941
Heifers—Medium and Large 1Value Added795150.00/cwt150.00–150.001,1932
Feeder Cattle · Bulls7 lots · lightest first
Bulls—Medium and Large 1470203.07/cwt195.00–215.009544
Bulls—Medium and Large 1516190.70/cwt185.00–195.009844
Bulls—Medium and Large 1580193.21/cwt188.00–195.001,1215
Bulls—Medium and Large 1629182.63/cwt170.00–191.001,1496
Bulls—Medium and Large 1682168.35/cwt155.00–180.001,1483
Bulls—Medium and Large 1717161.52/cwt155.00–173.001,1585
Bulls—Medium and Large 1755165.00/cwt165.00–165.001,2461
Slaughter Cattle · Bulls2 lots · lightest first
Bulls——1,46881.66/cwt80.00–83.001,1993
Bulls——1,72699.16/cwt97.00–105.001,7129
Slaughter Cattle · Cows6 lots · lightest first
Cows—Lean 85-90%79754.57/cwt45.00–60.004353
Cows—Lean 85-90%96879.19/cwt74.00–83.0076710
Cows—Boner 80-85%1,02875.41/cwt70.00–79.0077511
Cows—Boner 80-85%1,19190.63/cwt85.00–97.001,07931
Cows—Boner 80-85%1,242102.96/cwt98.00–110.001,2795
Cows—Breaker 75-80%1,47390.55/cwt87.00–93.001,3343
Replacement Cattle · Bred Cows1 lot · lightest first
Bred Cows—Medium and Large 1-21,0601,074.06/head1,050.00–1,100.001,0742
Replacement Cattle · Cow-Calf Pairs3 lots · lightest first
Cow-Calf Pairs—Medium and Large 1-21,1401,050.00/head1,050.00–1,050.001,0501
Cow-Calf Pairs—Medium and Large 1-21,2601,260.00/head1,260.00–1,260.001,2601
Cow-Calf Pairs—Medium and Large 1-21,3851,475.00/head1,475.00–1,475.001,4751

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.