Sale reports / Arkansas / Hope Livestock Auction Inc. / 2023-08-24

Hope Livestock Auction Inc.

Name: Hope Livestock Auction Inc. livestock auction prices — 2023-08-24
Creator: RaisedBeef
Published: 2023-08-24

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Hope, Arkansas · Thu, Aug 24

● Final47 lots reportedUSDA AMS · slug 2058

← Aug 17Aug 24Aug 31 →

Feeder Cattle receipts

381 head

▼ 274 vs last sale 655▼ 170 vs year ago 551 · −30.9%

Slaughter Cattle receipts

73 head

▼ 168 vs last sale 241▼ 13 vs year ago 86 · −15.1%

Replacement Cattle receipts

10 head

▼ 15 vs last sale 25▼ 10 vs year ago 20 · −50.0%

View

Reporter comment USDA

As filed

Compared to last week: Feeder steers 2.00-8.00 lower. Feeder heifers 3.00-10.00 lower. Slaughter cows steady to 1.00 lower. Slaughter bulls steady. Limited receipts this week due to extreme heat. Quality was average to plain. Market was softer in most spots. Sold 4 loads on video this week to view information click this link ( https://www.ams.usda.gov/mnreports/ams_3628.pdf ).

Weight class — the figures below change to match

Weight classPick one — the panels below update

Steers · summary 0–100 lb

Weighted average of every reported lot

0–100 lb steers averaged $242.49/cwt on 92 head.

Average price

$242.49

92 head · 515 lb average

Value per head Derived

$1,248

Price × average weight ÷ 100

Grade differential Derived

$379

per head · Medium and Large 1 over Medium and Large 2

$34.42/cwt at this weight

vs the market

−12.37

vs AR average

Price by quality 0–100 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1	535	250.35	1,340	71
Medium and Large 2	445	215.93	961	21

One grade step is worth $34.42/cwt here — about $379 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 sale92 hd

242.49

—

AR average8 barns · 525 hd

254.86

−12.37

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.

Class	Grade	Dressing	Avg wt	$/cwt	$/head	Head
Bulls	—	Average	1,596	108.94	1,739	4thin
Cows	Boner 80-85%	Low	1,147	98.35	1,128	22
Cows	Breaker 75-80%	Average	1,590	90.00	1,431	1thin
Cows	Lean 85-90%	Average	848	72.12	612	14

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.

Class	Stage	Age	Avg wt	$/head	Head
Bred Cows	2nd Stage (4-6 mo)	Young (2-4 yrs)	1,000	$1,600	1thin
Bred Cows	2nd Stage (4-6 mo)	Middle Aged (5-8 yrs)	1,355	$1,450	1thin
Cow-Calf Pairs	Open	Middle Aged (5-8 yrs)	1,205	$1,500	1thin

Every lot

47 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.

Class	Weight	Grade / description	Avg wt	Price	Range	Per head	Head
Feeder Cattle · Steers18 lots · lightest first
Steers	—	Medium and Large 1	311	282.67/cwt	265.00–315.00	879	9
Steers	—	Medium and Large 1Fancy	315	365.00/cwt	365.00–365.00	1,150	1
Steers	—	Medium and Large 2	334	231.96/cwt	225.00–235.00	775	5
Steers	—	Medium and Large 1	361	272.50/cwt	250.00–305.00	984	9
Steers	—	Medium and Large 2	373	221.40/cwt	215.00–225.00	826	5
Steers	—	Medium and Large 1	421	268.43/cwt	250.00–287.50	1,130	5
Steers	—	Medium and Large 2	445	217.00/cwt	215.00–218.00	966	3
Steers	—	Medium and Large 2	465	205.98/cwt	205.00–207.00	958	2
Steers	—	Medium and Large 1	474	256.21/cwt	247.50–267.50	1,214	5
Steers	—	Medium and Large 1	515	243.19/cwt	235.00–250.00	1,252	3
Steers	—	Medium and Large 2	535	210.00/cwt	210.00–210.00	1,124	1
Steers	—	Medium and Large 1	572	240.95/cwt	232.50–245.00	1,378	10
Steers	—	Medium and Large 2	577	201.59/cwt	200.00–205.00	1,163	3
Steers	—	Medium and Large 1	615	238.01/cwt	227.00–247.50	1,464	6
Steers	—	Medium and Large 2	640	195.00/cwt	195.00–195.00	1,248	2
Steers	—	Medium and Large 1	653	227.99/cwt	225.00–230.00	1,489	4
Steers	—	Medium and Large 1	714	227.01/cwt	220.00–230.00	1,621	18
Steers	—	Medium and Large 1	750	225.00/cwt	225.00–225.00	1,688	1
Feeder Cattle · Heifers13 lots · lightest first
Heifers	—	Medium and Large 1	322	235.95/cwt	225.00–240.00	760	5
Heifers	—	Medium and Large 2	329	208.23/cwt	205.00–215.00	685	8
Heifers	—	Medium and Large 2	376	202.56/cwt	200.00–210.00	762	8
Heifers	—	Medium and Large 1	379	238.27/cwt	225.00–247.50	903	4
Heifers	—	Medium and Large 1	414	232.90/cwt	220.00–242.50	964	10
Heifers	—	Medium and Large 2	428	202.57/cwt	200.00–205.00	867	6
Heifers	—	Medium and Large 1	467	231.60/cwt	220.00–247.50	1,082	17
Heifers	—	Medium and Large 2	483	195.00/cwt	195.00–195.00	942	3
Heifers	—	Medium and Large 1	516	218.48/cwt	211.00–225.00	1,127	7
Heifers	—	Medium and Large 1Fleshy	555	195.00/cwt	195.00–195.00	1,082	2
Heifers	—	Medium and Large 1	568	209.74/cwt	205.00–215.00	1,191	4
Heifers	—	Medium and Large 1	616	206.12/cwt	200.00–211.00	1,270	7
Heifers	—	Medium and Large 1	650	208.00/cwt	208.00–208.00	1,352	1
Feeder Cattle · Bulls6 lots · lightest first
Bulls	—	Medium and Large 1	481	224.15/cwt	220.00–230.00	1,078	6
Bulls	—	Medium and Large 1	521	220.94/cwt	215.00–227.50	1,151	9
Bulls	—	Medium and Large 1	564	214.29/cwt	209.00–217.50	1,209	7
Bulls	—	Medium and Large 1	621	206.95/cwt	205.00–215.00	1,285	5
Bulls	—	Medium and Large 1	669	207.02/cwt	195.00–220.00	1,385	7
Bulls	—	Medium and Large 1	785	175.00/cwt	175.00–175.00	1,374	1
Slaughter Cattle · Bulls1 lot · lightest first
Bulls	—	—	1,596	108.94/cwt	105.00–117.00	1,739	4
Slaughter Cattle · Cows6 lots · lightest first
Cows	—	Lean 85-90%	707	57.03/cwt	50.00–62.00	403	7
Cows	—	Lean 85-90%	989	87.20/cwt	83.00–90.00	862	7
Cows	—	Boner 80-85%	1,065	82.99/cwt	82.00–84.00	884	2
Cows	—	Boner 80-85%	1,108	107.05/cwt	105.00–109.00	1,186	2
Cows	—	Boner 80-85%	1,160	99.09/cwt	93.00–104.00	1,149	18
Cows	—	Breaker 75-80%	1,590	90.00/cwt	90.00–90.00	1,431	1
Replacement Cattle · Bred Cows2 lots · lightest first
Bred Cows	—	Medium and Large 1-2	1,000	1,600.00/head	1,600.00–1,600.00	1,600	1
Bred Cows	—	Medium and Large 1-2	1,355	1,450.00/head	1,450.00–1,450.00	1,450	1
Replacement Cattle · Cow-Calf Pairs1 lot · lightest first
Cow-Calf Pairs	—	Medium and Large 1-2	1,205	1,500.00/head	1,500.00–1,500.00	1,500	1

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.

Arkansas feeder prices, every weight →Every state and region →

Hope Livestock Auction - Hope, AR

Thu Aug 24, 2023

USDA Livestock, Poultry & Grain Market News · Federal-State Market News Service, Little Rock, AR (LS-LR)

Feeder CattleReceipts 381Last week 655Year ago 551

Slaughter CattleReceipts 73Last week 241Year ago 86

Replacement CattleReceipts 10Last week 25Year ago 20

Slaughter Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Cows — Lean 85-90%$ per cwt · actual wt
7	—	989	83.00–90.00	87.20
7	—	707	50.00–62.00	57.03

Head	Wt range	Avg wt	Price range	Avg price
Cows — Breaker 75-80%$ per cwt · actual wt
1	—	1,590	90.00	90.00

Head	Wt range	Avg wt	Price range	Avg price
Cows — Boner 80-85%$ per cwt · actual wt
2	—	1,065	82.00–84.00	82.99
2	—	1,108	105.00–109.00	107.05
18	—	1,160	93.00–104.00	99.09

Head	Wt range	Avg wt	Price range	Avg price
Bulls$ per cwt · actual wt
4	—	1,596	105.00–117.00	108.94

Replacement Cattle

As reported

Age	Stage	Head	Wt range	Avg wt	Price range	Avg price
Bred Cows — Medium and Large 1-2$ per head · actual wt
Young (2-4 yrs)	2nd Stage (4-6 mo)	1	—	1,000	1,600.00	1,600.00
Middle Aged (5-8 yrs)	2nd Stage (4-6 mo)	1	—	1,355	1,450.00	1,450.00

Age	Stage	Head	Wt range	Avg wt	Price range	Avg price
Cow-Calf Pairs — Medium and Large 1-2$ per head · actual wt
Middle Aged (5-8 yrs)	Open	1	—	1,205	1,500.00	1,500.00

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1$ per cwt · actual wt
5	—	322	225.00–240.00	235.95
7	—	516	211.00–225.00	218.48
10	—	414	220.00–242.50	232.90
4	—	379	225.00–247.50	238.27
1	—	650	208.00	208.00
7	—	616	200.00–211.00	206.12
4	—	568	205.00–215.00	209.74
17	—	467	220.00–247.50	231.60

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 2$ per cwt · actual wt
8	—	376	200.00–210.00	202.56
8	—	329	205.00–215.00	208.23
6	—	428	200.00–205.00	202.57
3	—	483	195.00	195.00

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1 · Fleshy$ per cwt · actual wt
2	—	555	195.00	195.00

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1 · Fancy$ per cwt · actual wt
1	—	315	365.00	365.00

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1$ per cwt · actual wt
3	—	515	235.00–250.00	243.19
5	—	474	247.50–267.50	256.21
5	—	421	250.00–287.50	268.43
6	—	615	227.00–247.50	238.01
1	—	750	225.00	225.00
9	—	311	265.00–315.00	282.67
9	—	361	250.00–305.00	272.50
10	—	572	232.50–245.00	240.95
18	—	714	220.00–230.00	227.01
4	—	653	225.00–230.00	227.99

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 2$ per cwt · actual wt
3	—	577	200.00–205.00	201.59
2	—	465	205.00–207.00	205.98
5	—	334	225.00–235.00	231.96
1	—	535	210.00	210.00
5	—	373	215.00–225.00	221.40
3	—	445	215.00–218.00	217.00
2	—	640	195.00	195.00

Head	Wt range	Avg wt	Price range	Avg price
Bulls — Medium and Large 1$ per cwt · actual wt
7	—	564	209.00–217.50	214.29
5	—	621	205.00–215.00	206.95
9	—	521	215.00–227.50	220.94
7	—	669	195.00–220.00	207.02
6	—	481	220.00–230.00	224.15
1	—	785	175.00	175.00

Head, weight ranges, average weights and price ranges are exactly as USDA AMS filed them — nothing recomputed, nothing rounded — in USDA's own reporting structure. This is RaisedBeef's rendering of that data, not a copy of USDA's document.