Sale reports / Arkansas / Hope Livestock Auction Inc. / 2023-09-21

Hope Livestock Auction Inc.

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Hope, Arkansas · Thu, Sep 21
● Final67 lots reportedUSDA AMS · slug 2058
Feeder Cattle receipts
1,106 head
▲ 136 vs last sale 970▲ 1,106 vs year ago 0 · no sale a year ago
Slaughter Cattle receipts
305 head
▲ 128 vs last sale 177▲ 305 vs year ago 0 · no sale a year ago
Replacement Cattle receipts
150 head
▲ 140 vs last sale 10▲ 150 vs year ago 0 · no sale a year ago
View

Reporter comment USDA

As filed

Compared to last week: Feeder steers 4.00-10.00 higher. Feeder heifers under 400 lbs. 1.00-2.00 lower; over 400 lbs. steady to 6.00 higher. Slaughter cows 1.00-5.00 higher. Slaughter bulls steady. Quality was average to attractive. Buyers were active to aggressive. Most classes of cattle were higher. The majority of the offering was unweaned new crop calves. Had a strong market for 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 $257.40/cwt on 181 head.
Average price
$257.40
181 head · 472 lb average
Value per head Derived
$1,216
Price × average weight ÷ 100
Grade differential Derived
$397
per head · Medium and Large 1 over Medium and Large 2
$37.79/cwt at this weight
vs the market
−7.70
vs AR average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1490264.711,298146
Medium and Large 2397226.9290135
One grade step is worth $37.79/cwt here — about $397 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 sale181 hd
257.40
—
AR average7 barns · 1,162 hd
265.10
−7.70
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—Low1,563103.511,61812
CowsBoner 80-85%High1,22297.081,18652
CowsLean 85-90%High95181.9877927

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 Cows3rd Stage (7-9 mo)Young (2-4 yrs)1,109$1,7098
Bred Cows2nd Stage (4-6 mo)Young (2-4 yrs)1,174$1,6738
Bred Cows3rd Stage (7-9 mo)Middle Aged (5-8 yrs)1,132$1,5127
Bred Cows2nd Stage (4-6 mo)Middle Aged (5-8 yrs)1,117$1,45013
Bred Cows3rd Stage (7-9 mo)Aged (>8 yrs)1,128$1,2494thin
Bred Cows2nd Stage (4-6 mo)Aged (>8 yrs)1,091$1,1288
BullsN/AYoung (2-4 yrs)1,600$2,9001thin
Cow-Calf PairsOpenYoung (2-4 yrs)1,220$1,88624
Cow-Calf PairsOpenMiddle Aged (5-8 yrs)1,275$1,8515
Cow-Calf PairsOpenAged (>8 yrs)1,366$1,4217

Every lot

67 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 · Steers20 lots · lightest first
Steers—Medium and Large 2321234.98/cwt230.00–240.007548
Steers—Medium and Large 1333290.39/cwt270.00–310.0096716
Steers—Medium and Large 2367230.08/cwt225.00–235.0084413
Steers—Medium and Large 1376285.11/cwt260.00–312.501,07223
Steers—Medium and Large 2420218.05/cwt210.00–220.009165
Steers—Medium and Large 1421282.34/cwt258.00–300.001,18923
Steers—Medium and Large 1Fancy430312.53/cwt310.00–315.001,3442
Steers—Medium and Large 1Fancy467297.50/cwt290.00–310.001,3893
Steers—Medium and Large 1477266.75/cwt255.00–287.501,27214
Steers—Medium and Large 2481220.17/cwt220.00–221.001,0596
Steers—Medium and Large 1518257.77/cwt237.50–277.001,33518
Steers—Medium and Large 2525220.00/cwt220.00–220.001,1553
Steers—Medium and Large 1Value Added540262.50/cwt262.50–262.501,4182
Steers—Medium and Large 1Value Added571243.96/cwt240.00–250.001,3935
Steers—Medium and Large 1585238.15/cwt230.00–257.501,39310
Steers—Medium and Large 1627234.02/cwt227.00–246.001,46719
Steers—Medium and Large 1678232.25/cwt230.00–235.001,5754
Steers—Medium and Large 1721228.48/cwt225.00–232.501,6475
Steers—Medium and Large 1790214.00/cwt214.00–214.001,6911
Steers—Medium and Large 1865200.00/cwt200.00–200.001,7301
Feeder Cattle · Heifers18 lots · lightest first
Heifers—Medium and Large 2319214.09/cwt210.00–218.006837
Heifers—Medium and Large 1330243.12/cwt230.00–250.0080214
Heifers—Medium and Large 1367240.81/cwt228.00–262.5088417
Heifers—Medium and Large 2369209.54/cwt200.00–217.0077312
Heifers—Medium and Large 2417200.00/cwt200.00–200.0083411
Heifers—Medium and Large 1421230.30/cwt225.00–245.0097011
Heifers—Medium and Large 2463205.07/cwt200.00–210.009496
Heifers—Medium and Large 1469225.78/cwt220.00–230.001,0599
Heifers—Medium and Large 2522201.60/cwt195.00–205.001,0529
Heifers—Medium and Large 1532222.81/cwt217.50–225.001,18513
Heifers—Medium and Large 1Replacement540261.00/cwt261.00–261.001,4091
Heifers—Medium and Large 1Replacement550246.25/cwt245.00–250.001,3544
Heifers—Medium and Large 1564220.91/cwt218.00–225.001,24613
Heifers—Medium and Large 1Value Added580227.50/cwt227.50–227.501,3202
Heifers—Medium and Large 1621215.28/cwt200.00–219.001,33711
Heifers—Medium and Large 1659211.24/cwt207.00–217.001,3924
Heifers—Medium and Large 1713190.19/cwt182.50–200.001,3563
Heifers—Medium and Large 1760203.00/cwt203.00–203.001,5432
Feeder Cattle · Bulls6 lots · lightest first
Bulls—Medium and Large 1470237.31/cwt225.00–242.001,11518
Bulls—Medium and Large 1529229.58/cwt225.00–236.001,2147
Bulls—Medium and Large 1558222.79/cwt220.00–226.001,2435
Bulls—Medium and Large 1635200.00/cwt200.00–200.001,2702
Bulls—Medium and Large 1673207.49/cwt205.00–210.001,3962
Bulls—Medium and Large 1740204.97/cwt200.00–210.001,5172
Slaughter Cattle · Bulls2 lots · lightest first
Bulls——1,39691.17/cwt85.00–97.001,2734
Bulls——1,646109.68/cwt105.00–115.001,8058
Slaughter Cattle · Cows6 lots · lightest first
Cows—Lean 85-90%80868.90/cwt65.00–72.005577
Cows—Lean 85-90%98485.57/cwt80.00–89.0084216
Cows—Lean 85-90%1,06690.49/cwt90.00–92.009654
Cows—Boner 80-85%1,07882.41/cwt80.00–88.0088810
Cows—Boner 80-85%1,25199.09/cwt93.00–105.001,24035
Cows—Boner 80-85%1,279108.01/cwt107.00–110.001,3817
Replacement Cattle · Bulls1 lot · lightest first
Bulls—Medium and Large 1-21,6002,900.00/head2,900.00–2,900.002,9001
Replacement Cattle · Bred Cows6 lots · lightest first
Bred Cows—Medium and Large 1-21,0911,128.01/head1,000.00–1,300.001,1288
Bred Cows—Medium and Large 1-21,1091,709.39/head1,500.00–2,000.001,7098
Bred Cows—Medium and Large 1-21,1171,449.66/head1,350.00–1,800.001,45013
Bred Cows—Medium and Large 1-21,1281,248.78/head1,200.00–1,300.001,2494
Bred Cows—Medium and Large 1-21,1321,512.46/head1,350.00–1,650.001,5127
Bred Cows—Medium and Large 1-21,1741,672.52/head1,600.00–1,800.001,6738
Replacement Cattle · Stock Cows1 lot · lightest first
Stock Cows—Medium and Large 1-2910100.00/cwt100.00–100.009103
Replacement Cattle · Cow-Calf Pairs7 lots · lightest first
Cow-Calf Pairs—Medium and Large 1-2Thin Fleshed9651,500.00/head1,500.00–1,500.001,5002
Cow-Calf Pairs—Medium 1-21,1061,510.83/head1,450.00–1,575.001,51111
Cow-Calf Pairs—Medium and Large 1-21,2751,851.49/head1,600.00–2,150.001,8515
Cow-Calf Pairs—Medium and Large 1-21,3031,389.79/head1,375.00–1,400.001,3905
Cow-Calf Pairs—Medium and Large 1-21,3182,230.68/head1,775.00–2,650.002,2318
Cow-Calf Pairs—Medium and Large 1-21,5251,500.00/head1,500.00–1,500.001,5002
Cow-Calf Pairs—Medium and Large 1-21,5482,603.23/head2,550.00–2,650.002,6033

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.