Sale reports / Arkansas / Hope Livestock Auction Inc. / 2023-04-13

Hope Livestock Auction Inc.

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Hope, Arkansas · Thu, Apr 13
● Final65 lots reportedUSDA AMS · slug 2058
Feeder Cattle receipts
761 head
▲ 372 vs last sale 389▲ 452 vs year ago 309 · +146.3%
Slaughter Cattle receipts
140 head
▲ 67 vs last sale 73▲ 53 vs year ago 87 · +60.9%
Replacement Cattle receipts
15 head
▲ 5 vs last sale 10▼ 5 vs year ago 20 · −25.0%
View

Reporter comment USDA

As filed

Compared to last week: Feeder steers 3.00-10.00 higher. Feeder heifers 5.00-10.00 instances 15.00 higher. Slaughter cows steady. Slaughter bulls steady to 2.00 higher. Quality was average. Buyer were aggressive on most classes of cattle. Cattle in good grazing condition were in high demand. Recent record highs in the fat cattle market has helped set a higher tone in the calf market. Next week will be the 3rd Thursday special stock cow sale. Expecting 200+ stock cows in addition to the regular weekly run.

Weight classPick one — the panels below update

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $225.81/cwt on 153 head.
Average price
$225.81
153 head · 514 lb average
Value per head Derived
$1,160
Price × average weight ÷ 100
Grade differential Derived
$361
per head · Medium and Large 1 over Medium and Large 2
$37.47/cwt at this weight
vs the market
−4.57
vs AR average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1521229.241,195139
Medium and Large 2435191.7783414thin
One grade step is worth $37.47/cwt here — about $361 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 sale153 hd
225.81
—
AR average10 barns · 1,547 hd
230.38
−4.57
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—Low1,78899.081,7716thin
CowsBoner 80-85%Low1,15693.341,07943
CowsLean 85-90%Low89577.4969423

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)Young (2-4 yrs)1,105$1,4501thin
Cow-Calf PairsOpenMiddle Aged (5-8 yrs)1,215$1,4554thin
Cow-Calf PairsOpenYoung (2-4 yrs)975$1,2502thin

Every lot

65 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 · Steers24 lots · lightest first
Steers—Medium and Large 2324207.49/cwt205.00–210.006724
Steers—Medium and Large 1328263.29/cwt245.00–290.0086410
Steers—Medium and Large 1377252.63/cwt225.00–275.0095212
Steers—Medium and Large 2413195.00/cwt195.00–195.008053
Steers—Medium and Large 1421241.28/cwt220.00–262.501,01624
Steers—Medium and Large 1Value Added445250.00/cwt250.00–250.001,1132
Steers—Medium and Large 1472238.66/cwt220.00–262.501,12623
Steers—Medium and Large 2472184.98/cwt180.00–190.008733
Steers—Medium and Large 1Value Added513232.49/cwt225.00–235.001,1934
Steers—Medium and Large 2515179.95/cwt175.00–185.009273
Steers—Medium and Large 1523234.03/cwt210.00–250.001,22414
Steers—Medium and Large 1Value Added563234.97/cwt232.50–242.501,3234
Steers—Medium and Large 1566224.89/cwt215.00–235.001,2734
Steers—Medium and Large 2595175.00/cwt175.00–175.001,0411
Steers—Medium and Large 1Value Added607214.68/cwt209.00–217.501,30310
Steers—Medium and Large 1614212.11/cwt200.00–222.501,3024
Steers—Medium and Large 1669202.18/cwt197.00–217.501,3534
Steers—Medium and Large 1Value Added673205.99/cwt198.00–213.001,3864
Steers—Medium and Large 1Value Added705195.00/cwt195.00–195.001,37512
Steers—Medium and Large 1710186.00/cwt186.00–186.001,3211
Steers—Medium and Large 1775179.00/cwt179.00–179.001,3871
Steers—Medium and Large 1813175.80/cwt172.00–182.501,4293
Steers—Medium and Large 1850170.00/cwt170.00–170.001,4451
Steers—Medium and Large 1905172.00/cwt172.00–172.001,5572
Feeder Cattle · Heifers24 lots · lightest first
Heifers—Medium and Large 1320225.55/cwt210.00–242.507228
Heifers—Medium and Large 2320189.75/cwt178.00–197.006074
Heifers—Medium and Large 2357194.93/cwt190.00–200.006963
Heifers—Medium and Large 1374222.37/cwt215.00–245.008328
Heifers—Medium and Large 1Value Added375231.00/cwt231.00–231.008662
Heifers—Medium and Large 1Value Added416232.93/cwt222.50–242.0096910
Heifers—Medium and Large 1417221.32/cwt205.00–240.0092313
Heifers—Medium and Large 2435183.54/cwt178.00–190.007985
Heifers—Medium and Large 1Value Added468220.02/cwt212.50–225.001,03010
Heifers—Medium and Large 1468209.99/cwt198.00–225.0098321
Heifers—Medium and Large 2468174.68/cwt174.00–175.008183
Heifers—Medium and Large 1519203.73/cwt192.50–215.001,0579
Heifers—Medium and Large 2523172.49/cwt170.00–175.009022
Heifers—Medium and Large 1Value Added543207.49/cwt205.00–210.001,1274
Heifers—Medium and Large 1568196.15/cwt185.00–215.001,11411
Heifers—Medium and Large 1Value Added575207.50/cwt207.50–207.501,1932
Heifers—Medium and Large 2578156.53/cwt155.00–158.009052
Heifers—Medium and Large 1Value Added610196.18/cwt192.50–200.001,1977
Heifers—Medium and Large 1616185.47/cwt177.00–195.001,1424
Heifers—Medium and Large 1663178.74/cwt174.00–187.001,1853
Heifers—Medium and Large 1Value Added680185.00/cwt185.00–185.001,2582
Heifers—Medium and Large 1713173.56/cwt170.00–177.001,2372
Heifers—Medium and Large 1778161.26/cwt160.00–162.501,2552
Heifers—Medium and Large 1865135.00/cwt135.00–135.001,1681
Feeder Cattle · Bulls5 lots · lightest first
Bulls—Medium and Large 1472206.23/cwt200.00–211.009739
Bulls—Medium and Large 1535191.27/cwt190.00–192.501,0232
Bulls—Medium and Large 1568192.49/cwt185.00–205.001,0935
Bulls—Medium and Large 1629191.02/cwt185.00–195.001,2026
Bulls—Medium and Large 1785174.00/cwt174.00–174.001,3661
Slaughter Cattle · Bulls2 lots · lightest first
Bulls——1,35087.00/cwt87.00–87.001,1751
Bulls——1,875101.50/cwt99.00–105.001,9035
Slaughter Cattle · Cows5 lots · lightest first
Cows—Lean 85-90%79364.42/cwt58.00–69.005116
Cows—Lean 85-90%93182.10/cwt78.00–87.0076417
Cows—Boner 80-85%1,03276.21/cwt74.00–79.007865
Cows—Boner 80-85%1,137101.88/cwt99.00–108.001,1589
Cows—Boner 80-85%1,18493.64/cwt88.00–98.001,10929
Replacement Cattle · Bred Cows1 lot · lightest first
Bred Cows—Medium and Large 1-21,1051,450.00/head1,450.00–1,450.001,4501
Replacement Cattle · Cow-Calf Pairs4 lots · lightest first
Cow-Calf Pairs—Medium and Large 1-29501,150.00/head1,150.00–1,150.001,1501
Cow-Calf Pairs—Medium and Large 1-21,0001,350.00/head1,350.00–1,350.001,3501
Cow-Calf Pairs—Medium and Large 1-21,1681,406.88/head1,125.00–1,525.001,4073
Cow-Calf Pairs—Medium and Large 1-21,3551,600.00/head1,600.00–1,600.001,6001

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.