Sale reports / Arkansas / Hope Livestock Auction Inc. / 2023-08-31

Hope Livestock Auction Inc.

Name: Hope Livestock Auction Inc. livestock auction prices — 2023-08-31
Creator: RaisedBeef
Published: 2023-08-31

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Hope, Arkansas · Thu, Aug 31

● Final58 lots reportedUSDA AMS · slug 2058

← Aug 24Aug 31Sep 7 →

Feeder Cattle receipts

819 head

▲ 438 vs last sale 381▲ 341 vs year ago 478 · +71.3%

Slaughter Cattle receipts

196 head

▲ 123 vs last sale 73▲ 105 vs year ago 91 · +115.4%

Replacement Cattle receipts

15 head

▲ 5 vs last sale 10▲ 5 vs year ago 10 · +50.0%

View

Reporter comment USDA

As filed

Compared to last week: Feeder steers under 400 lbs. 15.00-20.00 higher; 400-650 lb. 2.00-7.00 lower; over 650 lbs. 4.00-5.00 higher. Feeder heifers steady to 5.00 lower. Slaughter cows 1.00-2.00 higher. Slaughter bulls steady to 1.00 lower. Quality was average. Market was a little softer in spots but light weight steers were considerably higher.

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 $241.92/cwt on 164 head.

Average price

$241.92

164 head · 518 lb average

Value per head Derived

$1,254

Price × average weight ÷ 100

Grade differential Derived

$343

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

$33.44/cwt at this weight

vs the market

−23.46

vs AR average

Price by quality 0–100 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1	536	249.87	1,340	125
Medium and Large 2	461	216.43	997	39

One grade step is worth $33.44/cwt here — about $343 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 sale164 hd

241.92

—

AR average9 barns · 1,628 hd

265.37

−23.46

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	—	Low	1,554	104.28	1,620	13
Cows	Breaker 75-80%	Average	1,430	100.35	1,435	3thin
Cows	Boner 80-85%	High	1,106	99.18	1,097	59
Cows	Lean 85-90%	Average	959	86.39	829	8thin

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	1st Stage (1-3 mo)	Young (2-4 yrs)	1,030	$1,450	1thin
Bred Cows	2nd Stage (4-6 mo)	Middle Aged (5-8 yrs)	1,155	$1,350	2thin
Cow-Calf Pairs	Open	Middle Aged (5-8 yrs)	1,160	$1,613	2thin

Every lot

58 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 · Steers20 lots · lightest first
Steers	—	Medium and Large 2	318	233.30/cwt	230.00–235.00	742	3
Steers	—	Medium and Large 1	320	302.98/cwt	275.00–325.00	970	11
Steers	—	Medium and Large 1	377	298.06/cwt	275.00–325.00	1,124	15
Steers	—	Medium and Large 2	380	226.00/cwt	215.00–245.00	859	10
Steers	—	Medium and Large 1	422	256.01/cwt	250.00–262.00	1,080	10
Steers	—	Medium and Large 2	423	212.46/cwt	205.00–220.00	899	4
Steers	—	Medium and Large 1	472	254.35/cwt	245.00–265.00	1,201	16
Steers	—	Medium and Large 2	478	219.07/cwt	215.00–222.00	1,047	6
Steers	—	Medium and Large 1	514	239.29/cwt	232.00–255.00	1,230	18
Steers	—	Medium and Large 2	525	207.69/cwt	200.00–215.00	1,090	10
Steers	—	Medium and Large 2	568	206.64/cwt	200.00–215.00	1,174	6
Steers	—	Medium and Large 1	569	234.79/cwt	230.00–239.00	1,336	20
Steers	—	Medium and Large 1Fleshy	595	224.00/cwt	224.00–224.00	1,333	2
Steers	—	Medium and Large 1	637	232.28/cwt	223.00–243.00	1,480	6
Steers	—	Medium and Large 1	678	232.85/cwt	226.00–245.00	1,579	13
Steers	—	Medium and Large 1	713	233.50/cwt	230.00–237.00	1,665	5
Steers	—	Medium and Large 1	777	220.70/cwt	218.00–225.00	1,715	3
Steers	—	Medium and Large 1	820	200.00/cwt	200.00–200.00	1,640	2
Steers	—	Medium and Large 1	875	203.52/cwt	200.00–207.00	1,781	2
Steers	—	Medium and Large 1	1,175	146.04/cwt	143.00–149.00	1,716	2
Feeder Cattle · Heifers19 lots · lightest first
Heifers	—	Medium and Large 2	320	210.00/cwt	210.00–210.00	672	6
Heifers	—	Medium and Large 2	375	205.70/cwt	200.00–210.00	771	12
Heifers	—	Medium and Large 1	379	238.13/cwt	225.00–251.00	903	8
Heifers	—	Medium and Large 1Fancy	410	275.00/cwt	275.00–275.00	1,128	2
Heifers	—	Medium and Large 2	410	203.13/cwt	200.00–205.00	833	8
Heifers	—	Medium and Large 1	428	227.70/cwt	220.00–240.00	975	8
Heifers	—	Medium and Large 1	467	225.47/cwt	220.00–232.50	1,053	12
Heifers	—	Medium and Large 2	483	194.49/cwt	190.00–200.00	939	5
Heifers	—	Medium and Large 1	522	222.39/cwt	215.00–230.00	1,161	11
Heifers	—	Medium and Large 2	530	193.40/cwt	190.00–200.00	1,025	3
Heifers	—	Medium and Large 1	560	209.83/cwt	207.00–214.00	1,175	6
Heifers	—	Medium and Large 1	612	202.70/cwt	195.00–208.00	1,241	9
Heifers	—	Medium and Large 1	676	195.35/cwt	190.00–198.00	1,321	5
Heifers	—	Medium and Large 1	738	194.50/cwt	194.00–195.00	1,435	2
Heifers	—	Medium and Large 1	765	189.59/cwt	185.00–194.00	1,450	2
Heifers	—	Medium and Large 1	822	179.75/cwt	162.50–190.00	1,478	3
Heifers	—	Medium and Large 1	968	128.35/cwt	125.00–130.00	1,242	3
Heifers	—	Medium and Large 1	1,045	130.00/cwt	130.00–130.00	1,359	1
Heifers	—	Medium and Large 1	1,055	125.00/cwt	125.00–125.00	1,319	1
Feeder Cattle · Bulls6 lots · lightest first
Bulls	—	Medium and Large 1	468	238.50/cwt	225.00–245.00	1,116	11
Bulls	—	Medium and Large 1	518	222.96/cwt	220.00–225.00	1,155	8
Bulls	—	Medium and Large 1	569	217.01/cwt	215.00–219.00	1,235	7
Bulls	—	Medium and Large 1	632	208.14/cwt	200.00–221.00	1,315	5
Bulls	—	Medium and Large 1	683	213.77/cwt	212.50–215.00	1,460	2
Bulls	—	Medium and Large 1	750	185.00/cwt	185.00–185.00	1,388	1
Slaughter Cattle · Bulls2 lots · lightest first
Bulls	—	—	1,270	92.28/cwt	90.00–94.00	1,172	3
Bulls	—	—	1,639	107.88/cwt	100.00–114.00	1,768	10
Slaughter Cattle · Cows6 lots · lightest first
Cows	—	Lean 85-90%	820	70.00/cwt	70.00–70.00	574	1
Cows	—	Lean 85-90%	979	88.73/cwt	84.00–92.00	869	7
Cows	—	Boner 80-85%	1,041	88.74/cwt	85.00–91.00	924	12
Cows	—	Boner 80-85%	1,109	100.22/cwt	95.00–105.00	1,111	38
Cows	—	Boner 80-85%	1,177	108.73/cwt	107.00–113.00	1,280	9
Cows	—	Breaker 75-80%	1,430	100.35/cwt	94.00–105.00	1,435	3
Replacement Cattle · Cow-Calf Pairs2 lots · lightest first
Cow-Calf Pairs	—	Medium and Large 1-2	965	1,475.00/head	1,475.00–1,475.00	1,475	1
Cow-Calf Pairs	—	Medium and Large 1-2	1,355	1,750.00/head	1,750.00–1,750.00	1,750	1
Replacement Cattle · Bred Cows3 lots · lightest first
Bred Cows	—	Medium and Large 1-2	1,030	1,450.00/head	1,450.00–1,450.00	1,450	1
Bred Cows	—	Medium and Large 1-2	1,155	1,350.00/head	1,350.00–1,350.00	1,350	2
Bred Cows	—	Medium and Large 1-2	1,183	126.35/cwt	125.00–127.00	1,495	3

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 31, 2023

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

Feeder CattleReceipts 819Last week 381Year ago 478

Slaughter CattleReceipts 196Last week 73Year ago 91

Replacement CattleReceipts 15Last week 10Year ago 10

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Bulls — Medium and Large 1$ per cwt · actual wt
2	—	683	212.50–215.00	213.77
7	—	569	215.00–219.00	217.01
8	—	518	220.00–225.00	222.96
5	—	632	200.00–221.00	208.14
11	—	468	225.00–245.00	238.50
1	—	750	185.00	185.00

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 2$ per cwt · actual wt
4	—	423	205.00–220.00	212.46
3	—	318	230.00–235.00	233.30
6	—	568	200.00–215.00	206.64
6	—	478	215.00–222.00	219.07
10	—	380	215.00–245.00	226.00
10	—	525	200.00–215.00	207.69

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1$ per cwt · actual wt
16	—	472	245.00–265.00	254.35
2	—	820	200.00	200.00
11	—	320	275.00–325.00	302.98
13	—	678	226.00–245.00	232.85
6	—	637	223.00–243.00	232.28
10	—	422	250.00–262.00	256.01
5	—	713	230.00–237.00	233.50
15	—	377	275.00–325.00	298.06
2	—	875	200.00–207.00	203.52
2	—	1,175	143.00–149.00	146.04
18	—	514	232.00–255.00	239.29
20	—	569	230.00–239.00	234.79
3	—	777	218.00–225.00	220.70

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1 · Fleshy$ per cwt · actual wt
2	—	595	224.00	224.00

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1$ per cwt · actual wt
1	—	1,055	125.00	125.00
8	—	379	225.00–251.00	238.13
8	—	428	220.00–240.00	227.70
11	—	522	215.00–230.00	222.39
2	—	738	194.00–195.00	194.50
3	—	968	125.00–130.00	128.35
1	—	1,045	130.00	130.00
2	—	765	185.00–194.00	189.59
5	—	676	190.00–198.00	195.35
6	—	560	207.00–214.00	209.83
9	—	612	195.00–208.00	202.70
12	—	467	220.00–232.50	225.47
3	—	822	162.50–190.00	179.75

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 2$ per cwt · actual wt
12	—	375	200.00–210.00	205.70
6	—	320	210.00	210.00
8	—	410	200.00–205.00	203.13
3	—	530	190.00–200.00	193.40
5	—	483	190.00–200.00	194.49

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1 · Fancy$ per cwt · actual wt
2	—	410	275.00	275.00

Slaughter Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Bulls$ per cwt · actual wt
3	—	1,270	90.00–94.00	92.28
10	—	1,639	100.00–114.00	107.88

Head	Wt range	Avg wt	Price range	Avg price
Cows — Boner 80-85%$ per cwt · actual wt
9	—	1,177	107.00–113.00	108.73
12	—	1,041	85.00–91.00	88.74
38	—	1,109	95.00–105.00	100.22

Head	Wt range	Avg wt	Price range	Avg price
Cows — Breaker 75-80%$ per cwt · actual wt
3	—	1,430	94.00–105.00	100.35

Head	Wt range	Avg wt	Price range	Avg price
Cows — Lean 85-90%$ per cwt · actual wt
7	—	979	84.00–92.00	88.73
1	—	820	70.00	70.00

Replacement Cattle

As reported

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	—	965	1,475.00	1,475.00
Middle Aged (5-8 yrs)	Open	1	—	1,355	1,750.00	1,750.00

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)	1st Stage (1-3 mo)	1	—	1,030	1,450.00	1,450.00
Middle Aged (5-8 yrs)	2nd Stage (4-6 mo)	2	—	1,155	1,350.00	1,350.00
Middle Aged (5-8 yrs)	2nd Stage (4-6 mo)	3	—	1,183	125.00–127.00	126.35

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.