Sale reports / Arkansas / Hope Livestock Auction Inc. / 2023-10-05

Hope Livestock Auction Inc.

Name: Hope Livestock Auction Inc. livestock auction prices — 2023-10-05
Creator: RaisedBeef
Published: 2023-10-05

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Hope, Arkansas · Thu, Oct 5

● Final40 lots reportedUSDA AMS · slug 2058

← Sep 28Oct 5Oct 12 →

Feeder Cattle receipts

509 head

▼ 360 vs last sale 869▼ 263 vs year ago 772 · −34.1%

Slaughter Cattle receipts

100 head

▼ 111 vs last sale 211▼ 169 vs year ago 269 · −62.8%

Replacement Cattle receipts

10 head

▼ 15 vs last sale 25▼ 35 vs year ago 45 · −77.8%

View

Reporter comment USDA

As filed

Compared to last week: Feeder steers 5.00-15.00 instances 20.00 lower. Feeder heifers 10.00-15.00 instances 20.00 lower. Slaughter cows 2.00-5.00 higher. Slaughter bulls 2.00-3.00 higher. Quality was average to plain. Buyers were more reluctant on buying this week. All classes of calves were considerably cheaper this week. Slaughter cattle gained ground after a cheaper market last week. Sold 2 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

Heifers · summary 0–100 lb

Weighted average of every reported lot

0–100 lb heifers averaged $199.32/cwt on 93 head.

Average price

$199.32

93 head · 479 lb average

Value per head Derived

$955

Price × average weight ÷ 100

Grade differential Derived

$239

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

$18.60/cwt at this weight

vs the market

−16.49

vs AR average

Price by quality 0–100 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1	492	202.32	996	78
Medium and Large 2	412	183.72	757	15thin

One grade step is worth $18.60/cwt here — about $239 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 sale93 hd

199.32

—

AR average8 barns · 1,290 hd

215.80

−16.49

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	1,568	103.67	1,626	5thin
Cows	Breaker 75-80%	Low	1,522	92.19	1,403	5thin
Cows	Boner 80-85%	Low	1,206	89.83	1,083	20
Cows	Lean 85-90%	Average	980	73.36	719	13

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)	1,105	$1,458	3thin
Bred Cows	2nd Stage (4-6 mo)	Middle Aged (5-8 yrs)	1,128	$1,274	2thin

Every lot

40 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 · Steers12 lots · lightest first
Steers	—	Medium and Large 2	329	219.37/cwt	215.00–225.00	722	9
Steers	—	Medium and Large 2	381	216.44/cwt	210.00–220.00	825	7
Steers	—	Medium and Large 1	383	269.63/cwt	250.00–287.50	1,033	13
Steers	—	Medium and Large 1	423	257.20/cwt	243.00–277.00	1,088	15
Steers	—	Medium and Large 2	430	207.59/cwt	200.00–215.00	893	4
Steers	—	Medium and Large 1	471	250.25/cwt	241.00–265.00	1,179	15
Steers	—	Medium and Large 2	477	203.32/cwt	200.00–205.00	970	3
Steers	—	Medium and Large 1	523	239.05/cwt	233.00–251.00	1,250	7
Steers	—	Medium and Large 1	569	237.78/cwt	228.00–247.50	1,353	6
Steers	—	Medium and Large 1	628	220.46/cwt	210.00–230.00	1,384	7
Steers	—	Medium and Large 1	670	209.01/cwt	207.00–210.00	1,400	3
Steers	—	Medium and Large 1	725	207.00/cwt	207.00–207.00	1,501	2
Feeder Cattle · Heifers12 lots · lightest first
Heifers	—	Medium and Large 2	310	180.00/cwt	180.00–180.00	558	2
Heifers	—	Medium and Large 1	332	207.80/cwt	205.00–210.00	690	7
Heifers	—	Medium and Large 2	374	189.27/cwt	185.00–200.00	708	6
Heifers	—	Medium and Large 1	382	207.07/cwt	205.00–210.00	791	7
Heifers	—	Medium and Large 2	418	186.73/cwt	185.00–190.00	781	3
Heifers	—	Medium and Large 1	430	207.21/cwt	200.00–217.00	891	6
Heifers	—	Medium and Large 1	470	207.66/cwt	195.00–219.00	976	15
Heifers	—	Medium and Large 2	485	175.00/cwt	175.00–175.00	849	2
Heifers	—	Medium and Large 1	517	199.98/cwt	190.00–221.00	1,034	22
Heifers	—	Medium and Large 2	545	175.00/cwt	175.00–175.00	954	2
Heifers	—	Medium and Large 1	571	201.09/cwt	190.00–210.00	1,148	12
Heifers	—	Medium and Large 1	614	189.55/cwt	180.00–205.00	1,164	9
Feeder Cattle · Bulls4 lots · lightest first
Bulls	—	Medium and Large 1	465	222.55/cwt	220.00–225.00	1,035	4
Bulls	—	Medium and Large 1	528	212.14/cwt	195.00–220.00	1,120	6
Bulls	—	Medium and Large 1	572	182.20/cwt	170.00–193.00	1,042	7
Bulls	—	Medium and Large 1	622	183.56/cwt	178.00–190.00	1,142	6
Slaughter Cattle · Bulls2 lots · lightest first
Bulls	—	—	1,450	88.00/cwt	88.00–88.00	1,276	1
Bulls	—	—	1,598	107.59/cwt	104.00–110.00	1,719	4
Slaughter Cattle · Cows8 lots · lightest first
Cows	—	Lean 85-90%	833	56.04/cwt	52.00–60.00	467	2
Cows	—	Lean 85-90%	968	69.13/cwt	62.00–72.00	669	3
Cows	—	Lean 85-90%	1,022	79.27/cwt	75.00–85.00	810	8
Cows	—	Boner 80-85%	1,117	83.16/cwt	80.00–85.00	929	5
Cows	—	Boner 80-85%	1,215	100.24/cwt	99.00–102.00	1,218	3
Cows	—	Boner 80-85%	1,241	90.01/cwt	87.00–96.00	1,117	12
Cows	—	Breaker 75-80%	1,515	85.00/cwt	85.00–85.00	1,288	1
Cows	—	Breaker 75-80%	1,524	93.99/cwt	92.00–97.00	1,432	4
Replacement Cattle · Bred Cows2 lots · lightest first
Bred Cows	—	Medium and Large 1-2	1,105	1,457.96/head	1,425.00–1,500.00	1,458	3
Bred Cows	—	Medium and Large 1-2	1,128	1,274.39/head	1,250.00–1,300.00	1,274	2

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 Oct 5, 2023

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

Feeder CattleReceipts 509Last week 869Year ago 772

Slaughter CattleReceipts 100Last week 211Year ago 269

Replacement CattleReceipts 10Last week 25Year ago 45

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Bulls — Medium and Large 1$ per cwt · actual wt
4	—	465	220.00–225.00	222.55
6	—	528	195.00–220.00	212.14
7	—	572	170.00–193.00	182.20
6	—	622	178.00–190.00	183.56

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1$ per cwt · actual wt
22	—	517	190.00–221.00	199.98
12	—	571	190.00–210.00	201.09
6	—	430	200.00–217.00	207.21
7	—	332	205.00–210.00	207.80
15	—	470	195.00–219.00	207.66
7	—	382	205.00–210.00	207.07
9	—	614	180.00–205.00	189.55

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 2$ per cwt · actual wt
2	—	485	175.00	175.00
2	—	310	180.00	180.00
2	—	545	175.00	175.00
3	—	418	185.00–190.00	186.73
6	—	374	185.00–200.00	189.27

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 2$ per cwt · actual wt
7	—	381	210.00–220.00	216.44
4	—	430	200.00–215.00	207.59
9	—	329	215.00–225.00	219.37
3	—	477	200.00–205.00	203.32

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1$ per cwt · actual wt
6	—	569	228.00–247.50	237.78
15	—	423	243.00–277.00	257.20
15	—	471	241.00–265.00	250.25
7	—	523	233.00–251.00	239.05
3	—	670	207.00–210.00	209.01
2	—	725	207.00	207.00
7	—	628	210.00–230.00	220.46
13	—	383	250.00–287.50	269.63

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
Middle Aged (5-8 yrs)	2nd Stage (4-6 mo)	2	—	1,128	1,250.00–1,300.00	1,274.39
Young (2-4 yrs)	2nd Stage (4-6 mo)	3	—	1,105	1,425.00–1,500.00	1,457.96

Slaughter Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Bulls$ per cwt · actual wt
4	—	1,598	104.00–110.00	107.59
1	—	1,450	88.00	88.00

Head	Wt range	Avg wt	Price range	Avg price
Cows — Boner 80-85%$ per cwt · actual wt
5	—	1,117	80.00–85.00	83.16
12	—	1,241	87.00–96.00	90.01
3	—	1,215	99.00–102.00	100.24

Head	Wt range	Avg wt	Price range	Avg price
Cows — Breaker 75-80%$ per cwt · actual wt
1	—	1,515	85.00	85.00
4	—	1,524	92.00–97.00	93.99

Head	Wt range	Avg wt	Price range	Avg price
Cows — Lean 85-90%$ per cwt · actual wt
8	—	1,022	75.00–85.00	79.27
3	—	968	62.00–72.00	69.13
2	—	833	52.00–60.00	56.04

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.