Sale reports / Arkansas / Hope Livestock Auction Inc. / 2023-08-03

Hope Livestock Auction Inc.

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Hope, Arkansas · Thu, Aug 3
● Final50 lots reportedUSDA AMS · slug 2058
Feeder Cattle receipts
428 head
▼ 51 vs last sale 479▼ 164 vs year ago 592 · −27.7%
Slaughter Cattle receipts
116 head
▼ 36 vs last sale 152▲ 6 vs year ago 110 · +5.5%
Replacement Cattle receipts
10 head
▼ 5 vs last sale 15▼ 10 vs year ago 20 · −50.0%
View

Reporter comment USDA

As filed

Compared to last week: Feeder steers under 500 lbs. 3.00-5.00 higher; over 500 lbs. 3.00-5.00 lower. Feeder heifers under 600 lbs. unevenly steady; over 600 lbs. 3.00-5.00 higher. Slaughter cows 1.00-2.00 higher. Slaughter bulls steady to 1.00 lower. Quality was average to plain. Scorching hot temps and fat new crop calves put a little damper on the market in some spots, but market is still strong.

Weight classPick one — the panels below update

Heifers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb heifers averaged $212.70/cwt on 76 head.
Average price
$212.70
76 head · 506 lb average
Value per head Derived
$1,077
Price × average weight ÷ 100
Grade differential Derived
$295
per head · Medium and Large 1 over Medium and Large 2
$31.79/cwt at this weight
vs the market
−17.79
vs AR average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1522219.811,14659
Medium and Large 2453188.0185217thin
One grade step is worth $31.79/cwt here — about $295 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
212.70
—
AR average8 barns · 878 hd
230.48
−17.79
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—Average1,544100.591,5537thin
CowsBoner 80-85%Average1,177102.001,20131
CowsLean 85-90%High88483.6673923

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)1,090$1,5001thin
Cow-Calf PairsOpenMiddle Aged (5-8 yrs)1,230$1,6251thin
Cow-Calf PairsOpenAged (>8 yrs)1,105$1,2251thin

Every lot

50 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 2310210.00/cwt210.00–210.006511
Steers—Medium and Large 1325276.85/cwt275.00–285.009005
Steers—Medium and Large 1Value Added330325.00/cwt325.00–325.001,0731
Steers—Medium and Large 1365282.71/cwt275.00–290.001,0322
Steers—Medium and Large 1Value Added370315.00/cwt315.00–315.001,1662
Steers—Medium and Large 1430260.28/cwt250.00–270.001,1195
Steers—Medium and Large 2433211.58/cwt210.00–215.009163
Steers—Medium and Large 1Value Added450265.00/cwt265.00–265.001,1932
Steers—Medium and Large 1466250.06/cwt235.00–260.001,1656
Steers—Medium and Large 1509236.47/cwt227.00–252.501,2047
Steers—Medium and Large 2510198.37/cwt195.00–200.001,0123
Steers—Medium and Large 2550193.33/cwt190.00–195.001,0633
Steers—Medium and Large 1565228.77/cwt225.00–235.001,2936
Steers—Medium and Large 1623224.96/cwt223.00–227.001,4024
Steers—Medium and Large 1660225.00/cwt225.00–225.001,4851
Steers—Medium and Large 1785220.00/cwt220.00–220.001,7272
Feeder Cattle · Heifers18 lots · lightest first
Heifers—Medium and Large 2313197.60/cwt195.00–200.006182
Heifers—Medium and Large 1335234.93/cwt230.00–240.007873
Heifers—Medium and Large 1370229.42/cwt225.00–235.008494
Heifers—Medium and Large 2390192.47/cwt190.00–195.007512
Heifers—Medium and Large 1418231.16/cwt225.00–235.009669
Heifers—Medium and Large 2430194.20/cwt185.00–200.008353
Heifers—Medium and Large 1460229.85/cwt220.00–240.001,0578
Heifers—Medium and Large 2470191.89/cwt185.00–200.009025
Heifers—Medium and Large 2509174.76/cwt172.00–177.008904
Heifers—Medium and Large 1521220.52/cwt210.00–225.001,14913
Heifers—Medium and Large 1582211.63/cwt203.00–227.001,23210
Heifers—Medium and Large 1616209.20/cwt205.00–217.001,2894
Heifers—Medium and Large 2620175.00/cwt175.00–175.001,0851
Heifers—Medium and Large 1668204.13/cwt202.50–206.001,3644
Heifers—Medium and Large 1Replacement720233.00/cwt233.00–233.001,6781
Heifers—Medium and Large 1740215.00/cwt215.00–215.001,5911
Heifers—Medium and Large 1805175.00/cwt175.00–175.001,4091
Heifers—Medium and Large 1850167.50/cwt167.50–167.501,4241
Feeder Cattle · Bulls5 lots · lightest first
Bulls—Medium and Large 1480218.53/cwt215.00–222.501,0495
Bulls—Medium and Large 1518212.52/cwt207.50–220.001,1015
Bulls—Medium and Large 1560199.93/cwt195.00–205.001,1204
Bulls—Medium and Large 1613189.53/cwt185.00–204.001,1628
Bulls—Medium and Large 1665187.51/cwt182.50–195.001,2473
Slaughter Cattle · Bulls2 lots · lightest first
Bulls——1,48496.16/cwt92.00–102.001,4274
Bulls——1,623106.49/cwt104.00–113.001,7283
Slaughter Cattle · Cows6 lots · lightest first
Cows—Lean 85-90%75468.40/cwt64.00–74.005167
Cows—Lean 85-90%93889.11/cwt86.00–91.0083612
Cows—Lean 85-90%94993.99/cwt93.00–95.008924
Cows—Boner 80-85%1,03085.45/cwt83.00–88.008804
Cows—Boner 80-85%1,192100.48/cwt96.00–105.001,19818
Cows—Boner 80-85%1,214112.41/cwt107.00–119.001,3659
Replacement Cattle · Cow-Calf Pairs2 lots · lightest first
Cow-Calf Pairs—Medium and Large 1-21,1051,225.00/head1,225.00–1,225.001,2251
Cow-Calf Pairs—Medium and Large 1-21,2301,625.00/head1,625.00–1,625.001,6251
Replacement Cattle · Bred Cows1 lot · lightest first
Bred Cows—Medium and Large 1-21,0901,500.00/head1,500.00–1,500.001,5001

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.