Sale reports / Arkansas / Hope Livestock Auction Inc. / 2023-09-07

Hope Livestock Auction Inc.

Feeder Cattle · Slaughter Cattle · Hope, Arkansas · Thu, Sep 7
● Final47 lots reportedUSDA AMS · slug 2058
Feeder Cattle receipts
582 head
▼ 237 vs last sale 819▼ 39 vs year ago 621 · −6.3%
Slaughter Cattle receipts
121 head
▼ 75 vs last sale 196▲ 14 vs year ago 107 · +13.1%
View

Reporter comment USDA

As filed

Compared to last week: Feeder steers under 400 lbs. steady to 4.00 lower; over 400 lbs. 5.00-10.00 instances 15.00 higher. Feeder heifers 4.00-8.00 higher, instances 12.00-13.00 higher. Slaughter cows 2.00-4.00 lower. Slaughter bulls 2.00 higher. Quality was average to attractive. Most classes were higher this week. Some were considerably higher. Buyers were active this week.

Weight classPick one — the panels below update

Heifers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb heifers averaged $227.10/cwt on 125 head.
Average price
$227.10
125 head · 471 lb average
Value per head Derived
$1,071
Price × average weight ÷ 100
Grade differential Derived
$256
per head · Medium and Large 1 over Medium and Large 2
$26.52/cwt at this weight
vs the market
−10.52
vs AR average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1485233.041,13197
Medium and Large 2424206.5387528
One grade step is worth $26.52/cwt here — about $256 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 sale125 hd
227.10
—
AR average9 barns · 1,607 hd
237.62
−10.52
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—Low1,523105.971,6149thin
CowsBoner 80-85%Low1,169100.111,17035
CowsBreaker 75-80%Average1,42597.251,3863thin
CowsLean 85-90%Average92982.3676511

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.
ClassWeightGrade / descriptionAvg wtPriceRangePer headHead
Feeder Cattle · Steers16 lots · lightest first
Steers—Medium and Large 1Fancy310340.00/cwt340.00–340.001,0541
Steers—Medium and Large 1324303.96/cwt285.00–320.009857
Steers—Medium and Large 2324234.04/cwt230.00–245.007585
Steers—Medium and Large 1370293.12/cwt270.00–315.001,08517
Steers—Medium and Large 2386228.02/cwt220.00–235.0088010
Steers—Medium and Large 2409219.43/cwt203.00–228.008976
Steers—Medium and Large 1413278.29/cwt257.00–305.001,14918
Steers—Medium and Large 1464260.35/cwt252.00–268.001,2088
Steers—Medium and Large 2475230.00/cwt230.00–230.001,0931
Steers—Medium and Large 1521253.47/cwt247.00–260.001,3217
Steers—Medium and Large 2525210.00/cwt210.00–210.001,1032
Steers—Medium and Large 1556250.83/cwt242.50–255.001,3956
Steers—Medium and Large 2590200.00/cwt200.00–200.001,1801
Steers—Medium and Large 1617244.32/cwt241.00–247.001,5073
Steers—Medium and Large 1675237.21/cwt230.00–242.001,6014
Steers—Medium and Large 1700239.00/cwt239.00–239.001,6731
Feeder Cattle · Heifers17 lots · lightest first
Heifers—Medium and Large 2317213.26/cwt210.00–220.006763
Heifers—Medium and Large 1329253.23/cwt235.00–270.008339
Heifers—Medium and Large 1Fancy363286.37/cwt280.00–291.001,0403
Heifers—Medium and Large 2368208.99/cwt195.00–215.007696
Heifers—Medium and Large 1374245.33/cwt235.00–265.0091813
Heifers—Medium and Large 1418241.17/cwt225.00–272.501,00816
Heifers—Medium and Large 2432204.43/cwt192.50–210.0088310
Heifers—Medium and Large 1472233.54/cwt229.00–243.001,10216
Heifers—Medium and Large 2475206.60/cwt205.00–210.009816
Heifers—Medium and Large 2512201.71/cwt200.00–205.001,0333
Heifers—Medium and Large 1523227.26/cwt217.00–235.001,18915
Heifers—Medium and Large 1571222.59/cwt212.00–230.001,27111
Heifers—Medium and Large 1617217.05/cwt205.00–229.001,3397
Heifers—Medium and Large 1660204.53/cwt200.00–209.001,3502
Heifers—Medium and Large 1783184.99/cwt181.00–189.001,4482
Heifers—Medium and Large 1818181.98/cwt181.00–183.001,4892
Heifers—Medium and Large 1950162.50/cwt162.50–162.501,5441
Feeder Cattle · Bulls5 lots · lightest first
Bulls—Medium and Large 1464251.86/cwt248.00–255.001,1697
Bulls—Medium and Large 1528223.77/cwt220.00–229.001,1825
Bulls—Medium and Large 1572223.34/cwt220.00–225.001,2783
Bulls—Medium and Large 1617215.67/cwt212.50–217.501,3316
Bulls—Medium and Large 1671205.38/cwt200.00–215.001,3787
Slaughter Cattle · Bulls2 lots · lightest first
Bulls——1,361100.02/cwt97.00–103.001,3614
Bulls——1,653110.73/cwt108.00–115.001,8305
Slaughter Cattle · Cows7 lots · lightest first
Cows—Lean 85-90%83571.64/cwt68.00–74.005983
Cows—Lean 85-90%95285.86/cwt84.00–89.008177
Cows—Lean 85-90%1,04590.00/cwt90.00–90.009411
Cows—Boner 80-85%1,05484.00/cwt82.00–85.008854
Cows—Boner 80-85%1,172111.70/cwt107.00–119.001,3099
Cows—Boner 80-85%1,18998.29/cwt93.00–105.001,16922
Cows—Breaker 75-80%1,42597.25/cwt95.00–99.001,3863

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.