Sale reports / Arkansas / Hope Livestock Auction Inc. / 2023-06-01

Hope Livestock Auction Inc.

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Hope, Arkansas · Thu, Jun 1
● Final54 lots reportedUSDA AMS · slug 2058
Feeder Cattle receipts
577 head
▼ 3 vs last sale 580▲ 198 vs year ago 379 · +52.2%
Slaughter Cattle receipts
141 head
▼ 82 vs last sale 223▼ 17 vs year ago 158 · −10.8%
Replacement Cattle receipts
15 head
▼ 25 vs last sale 40▲ 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 instances 20.00 higher. Feeder heifers 2.00-10.00 higher. Slaughter cows steady to 3.00 higher. Slaughter bulls 2.00-4.00 higher. Quality was average. Most classes were in high demand. Cheaper grain prices, record fat cattle sales and rainfall in needed areas has boosted this cattle market as a whole. Slaughter cattle were higher this week as well.

Weight classPick one — the panels below update

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $238.07/cwt on 110 head.
Average price
$238.07
110 head · 483 lb average
Value per head Derived
$1,149
Price × average weight ÷ 100
Grade differential Derived
$358
per head · Medium and Large 1 over Medium and Large 2
$31.73/cwt at this weight
vs the market
−1.31
vs AR average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1500243.841,21990
Medium and Large 2406212.1186120
One grade step is worth $31.73/cwt here — about $358 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 sale110 hd
238.07
—
AR average10 barns · 1,754 hd
239.38
−1.31
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—Low1,734108.691,88511
CowsBreaker 75-80%Average1,38095.001,3111thin
CowsBoner 80-85%Low1,18194.741,11931
CowsLean 85-90%Low90474.366729thin

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)1,230$1,5251thin
Bred Cows2nd Stage (4-6 mo)Middle Aged (5-8 yrs)1,090$1,3102thin
Cow-Calf PairsOpenMiddle Aged (5-8 yrs)1,210$1,7001thin
Cow-Calf PairsOpenYoung (2-4 yrs)1,155$1,6001thin

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 · Steers16 lots · lightest first
Steers—Medium and Large 1315278.35/cwt250.00–302.508778
Steers—Medium and Large 2319213.31/cwt200.00–225.006805
Steers—Medium and Large 1366267.18/cwt255.00–285.009785
Steers—Medium and Large 2381216.94/cwt210.00–225.008275
Steers—Medium and Large 1419261.31/cwt245.00–282.501,09513
Steers—Medium and Large 2426210.19/cwt205.00–218.008955
Steers—Medium and Large 1467245.95/cwt235.00–275.001,14926
Steers—Medium and Large 2480212.47/cwt210.00–215.001,0202
Steers—Medium and Large 2510205.00/cwt200.00–210.001,0463
Steers—Medium and Large 1526234.01/cwt229.00–242.501,2318
Steers—Medium and Large 1576228.20/cwt221.00–233.001,31412
Steers—Medium and Large 1618227.24/cwt218.00–240.001,40410
Steers—Medium and Large 1666229.96/cwt225.00–237.501,5324
Steers—Medium and Large 1723206.51/cwt206.00–207.001,4932
Steers—Medium and Large 1760190.00/cwt190.00–190.001,4441
Steers—Medium and Large 1875185.00/cwt185.00–185.001,6191
Feeder Cattle · Heifers18 lots · lightest first
Heifers—Medium and Large 2321204.89/cwt200.00–210.006585
Heifers—Medium and Large 1327236.15/cwt230.00–245.0077211
Heifers—Medium and Large 1362232.89/cwt220.00–245.0084310
Heifers—Medium and Large 2374202.05/cwt195.00–210.007569
Heifers—Medium and Large 1426220.56/cwt217.50–225.009409
Heifers—Medium and Large 2431197.81/cwt193.00–201.008534
Heifers—Medium and Large 1477219.65/cwt215.00–227.501,04820
Heifers—Medium and Large 2479190.94/cwt190.00–195.009155
Heifers—Medium and Large 1509212.57/cwt206.00–220.001,0827
Heifers—Medium and Large 2525190.00/cwt190.00–190.009981
Heifers—Medium and Large 1559201.73/cwt200.00–207.001,1286
Heifers—Medium and Large 2575173.00/cwt173.00–173.009952
Heifers—Medium and Large 1620195.47/cwt185.00–202.001,2123
Heifers—Medium and Large 1655181.50/cwt180.00–183.001,1892
Heifers—Medium and Large 1Value Added660199.00/cwt199.00–199.001,3132
Heifers—Medium and Large 1720187.92/cwt182.00–194.001,3532
Heifers—Medium and Large 1823166.76/cwt166.00–167.501,3722
Heifers—Medium and Large 1920130.00/cwt130.00–130.001,1961
Feeder Cattle · Bulls6 lots · lightest first
Bulls—Medium and Large 1473221.95/cwt217.00–225.001,0507
Bulls—Medium and Large 1534214.31/cwt210.00–220.001,1444
Bulls—Medium and Large 1576207.49/cwt200.00–212.501,1955
Bulls—Medium and Large 1640203.00/cwt203.00–203.001,2991
Bulls—Medium and Large 1655190.00/cwt190.00–190.001,2451
Bulls—Medium and Large 1795170.00/cwt170.00–170.001,3521
Slaughter Cattle · Bulls3 lots · lightest first
Bulls——1,23590.00/cwt90.00–90.001,1121
Bulls——1,736109.51/cwt103.00–114.001,9019
Bulls——2,220120.00/cwt120.00–120.002,6641
Slaughter Cattle · Cows6 lots · lightest first
Cows—Lean 85-90%78863.02/cwt60.00–67.004974
Cows—Lean 85-90%99783.43/cwt80.00–86.008325
Cows—Boner 80-85%1,06679.49/cwt78.00–81.008474
Cows—Boner 80-85%1,18496.33/cwt90.00–100.001,14124
Cows—Boner 80-85%1,312102.33/cwt102.00–103.001,3433
Cows—Breaker 75-80%1,38095.00/cwt95.00–95.001,3111
Replacement Cattle · Stock Cows1 lot · lightest first
Stock Cows—Medium and Large 1-2953102.94/cwt102.00–104.009814
Replacement Cattle · Bred Cows2 lots · lightest first
Bred Cows—Medium and Large 1-21,0901,310.21/head1,250.00–1,375.001,3102
Bred Cows—Medium and Large 1-21,2301,525.00/head1,525.00–1,525.001,5251
Replacement Cattle · Cow-Calf Pairs2 lots · lightest first
Cow-Calf Pairs—Medium and Large 1-21,1551,600.00/head1,600.00–1,600.001,6001
Cow-Calf Pairs—Medium and Large 1-21,2101,700.00/head1,700.00–1,700.001,7001

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.