Sale reports / Arkansas / Hope Livestock Auction Inc. / 2023-09-14

Hope Livestock Auction Inc.

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Hope, Arkansas · Thu, Sep 14
● Final61 lots reportedUSDA AMS · slug 2058
Feeder Cattle receipts
970 head
▲ 388 vs last sale 582▲ 349 vs year ago 621 · +56.2%
Slaughter Cattle receipts
177 head
▲ 56 vs last sale 121▲ 70 vs year ago 107 · +65.4%
Replacement Cattle receipts
10 head
▲ 10 vs last sale 0▲ 0 vs year ago 10 · +0.0%
View

Reporter comment USDA

As filed

Compared to last week: Feeder steers 5.00-10.00 instances 15.00 lower. Feeder heifers 2.00-10.00 lower. Slaughter cows 3.00-6.00 lower. Slaughter bulls 1.00-3.00 lower. Market was softer in most spots due to the higher number of fat new crop calves. Slaughter cattle were weaker as well. Buyers were active. Quality was average to attractive. The third Thursday stock cow special will be next week. Expecting 200-300 replacement cattle.

Weight classPick one — the panels below update

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $247.04/cwt on 194 head.
Average price
$247.04
194 head · 517 lb average
Value per head Derived
$1,277
Price × average weight ÷ 100
Grade differential Derived
$411
per head · Medium and Large 1 over Medium and Large 2
$22.72/cwt at this weight
vs the market
−14.54
vs AR average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1535250.211,338167
Medium and Large 2407227.4892627
One grade step is worth $22.72/cwt here — about $411 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 sale194 hd
247.04
—
AR average10 barns · 3,381 hd
261.58
−14.54
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—Low1,623108.491,76110
CowsBreaker 75-80%Average1,375100.001,3752thin
CowsBoner 80-85%Low1,17191.031,06641
CowsLean 85-90%Low94479.2974815

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)Middle Aged (5-8 yrs)1,063$1,2558

Every lot

61 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 · Steers24 lots · lightest first
Steers—Medium and Large 2326238.10/cwt230.00–245.007765
Steers—Medium and Large 1331286.41/cwt275.00–300.0094810
Steers—Medium and Large 1Fancy370327.00/cwt327.00–327.001,2101
Steers—Medium and Large 2374230.36/cwt220.00–240.008628
Steers—Medium and Large 1376297.42/cwt275.00–312.501,1189
Steers—Medium and Large 1Fancy400307.50/cwt307.50–307.501,2301
Steers—Medium and Large 1Value Added410287.50/cwt287.50–287.501,1792
Steers—Medium and Large 1417270.53/cwt257.50–290.001,12821
Steers—Medium and Large 2424226.20/cwt220.00–235.009597
Steers—Medium and Large 1469257.42/cwt225.00–275.001,20721
Steers—Medium and Large 1Fancy473282.57/cwt280.00–285.001,3372
Steers—Medium and Large 2475219.05/cwt215.00–222.001,0405
Steers—Medium and Large 1Value Added495272.50/cwt272.50–272.501,3492
Steers—Medium and Large 2515215.00/cwt215.00–215.001,1072
Steers—Medium and Large 1523248.14/cwt231.00–262.501,29818
Steers—Medium and Large 1Fancy560265.00/cwt265.00–265.001,4841
Steers—Medium and Large 1566239.06/cwt230.00–250.001,35317
Steers—Medium and Large 1Value Added575252.50/cwt252.50–252.501,4525
Steers—Medium and Large 1Value Added635238.00/cwt238.00–238.001,5112
Steers—Medium and Large 1638224.23/cwt222.00–237.001,43136
Steers—Medium and Large 1670227.11/cwt222.00–233.001,5226
Steers—Medium and Large 1711223.11/cwt217.00–227.001,5867
Steers—Medium and Large 1767220.40/cwt212.00–226.001,6903
Steers—Medium and Large 1813215.00/cwt215.00–215.001,7483
Feeder Cattle · Heifers22 lots · lightest first
Heifers—Medium and Large 1322245.33/cwt235.00–255.007907
Heifers—Medium and Large 2331205.44/cwt200.00–215.006807
Heifers—Medium and Large 2368205.03/cwt200.00–210.007558
Heifers—Medium and Large 1369242.56/cwt227.00–255.008956
Heifers—Medium and Large 1415230.29/cwt225.00–235.0095612
Heifers—Medium and Large 2422204.07/cwt200.00–210.0086110
Heifers—Medium and Large 1471225.48/cwt220.00–230.001,06210
Heifers—Medium and Large 2485208.98/cwt208.00–210.001,0144
Heifers—Medium and Large 2520195.00/cwt195.00–195.001,0142
Heifers—Medium and Large 1525221.01/cwt215.00–228.001,16020
Heifers—Medium and Large 1574217.51/cwt210.00–225.001,24916
Heifers—Medium and Large 1Replacement575235.00/cwt235.00–235.001,3511
Heifers—Medium and Large 1Value Added590222.00/cwt222.00–222.001,3107
Heifers—Medium and Large 2595197.50/cwt197.50–197.501,1751
Heifers—Medium and Large 1613211.82/cwt210.00–214.001,29835
Heifers—Medium and Large 2615218.00/cwt218.00–218.001,3415
Heifers—Medium and Large 1Replacement640235.00/cwt235.00–235.001,5041
Heifers—Medium and Large 1Replacement680221.00/cwt221.00–221.001,5031
Heifers—Medium and Large 1684201.89/cwt192.50–205.001,3814
Heifers—Medium and Large 1730203.00/cwt203.00–203.001,4823
Heifers—Medium and Large 1750192.00/cwt189.00–195.001,4402
Heifers—Medium and Large 11,010149.00/cwt149.00–149.001,5051
Feeder Cattle · Bulls4 lots · lightest first
Bulls—Medium and Large 1469237.00/cwt225.00–242.001,11213
Bulls—Medium and Large 1531221.65/cwt216.00–230.001,17710
Bulls—Medium and Large 1571213.95/cwt203.00–219.001,2229
Bulls—Medium and Large 1627208.68/cwt203.00–215.001,3085
Slaughter Cattle · Bulls3 lots · lightest first
Bulls——1,41597.43/cwt95.00–100.001,3792
Bulls——1,654109.29/cwt105.00–113.001,8087
Bulls——1,825125.00/cwt125.00–125.002,2811
Slaughter Cattle · Cows7 lots · lightest first
Cows—Lean 85-90%83463.49/cwt60.00–65.005304
Cows—Lean 85-90%97883.94/cwt80.00–87.008219
Cows—Lean 85-90%1,01090.00/cwt90.00–90.009092
Cows—Boner 80-85%1,03882.40/cwt80.00–84.0085510
Cows—Boner 80-85%1,20992.39/cwt88.00–98.001,11728
Cows—Boner 80-85%1,263107.10/cwt104.00–112.001,3533
Cows—Breaker 75-80%1,375100.00/cwt100.00–100.001,3752
Replacement Cattle · Bred Cows1 lot · lightest first
Bred Cows—Medium and Large 1-21,0631,254.78/head1,225.00–1,300.001,2558

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.