Sale reports / Arkansas / Hope Livestock Auction Inc. / 2023-10-26

Hope Livestock Auction Inc.

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Hope, Arkansas · Thu, Oct 26
● Final59 lots reportedUSDA AMS · slug 2058
Feeder Cattle receipts
857 head
▼ 227 vs last sale 1,084▲ 57 vs year ago 800 · +7.1%
Slaughter Cattle receipts
162 head
▼ 173 vs last sale 335▼ 49 vs year ago 211 · −23.2%
Replacement Cattle receipts
10 head
▼ 140 vs last sale 150▼ 25 vs year ago 35 · −71.4%
View

Reporter comment USDA

As filed

Compared to last week: Feeder steers 3.00-10.00 instances 15.00 lower. Feeder heifers under 400 lbs. 2.00-10.00 higher; over 400 lbs. 7.00-15.00 instances 20.00 lower. Slaughter cows were uneven with boner cows being steady and lean cows being 3.00-5.00 lower. Slaughter bulls steady. Quality was average. Market was softer on most classes of cattle. Sold a load of preconditioned steers on video; to view results click this link (https://www.ams.usda.gov/mnreports/ams_3628.pdf)

Weight classPick one — the panels below update

Heifers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb heifers averaged $203.09/cwt on 149 head.
Average price
$203.09
149 head · 472 lb average
Value per head Derived
$959
Price × average weight ÷ 100
Grade differential Derived
$237
per head · Medium and Large 1 over Medium and Large 2
$31.11/cwt at this weight
vs the market
+0.45
vs AR average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1484210.601,019113
Medium and Large 2436179.4978236
One grade step is worth $31.11/cwt here — about $237 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 sale149 hd
203.09
—
AR average8 barns · 1,502 hd
202.64
+0.45
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—Low1,48099.691,4757thin
CowsBoner 80-85%High1,17886.941,02441
CowsLean 85-90%High92964.8760320

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
Cow-Calf PairsOpenMiddle Aged (5-8 yrs)1,408$1,5382thin

Every lot

59 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 1314265.51/cwt250.00–285.0083414
Steers—Medium and Large 2328223.17/cwt220.00–230.007326
Steers—Medium and Large 1Fancy353301.67/cwt292.50–310.001,0653
Steers—Medium and Large 2372221.65/cwt215.00–227.008255
Steers—Medium and Large 1378266.82/cwt255.00–278.001,00916
Steers—Medium and Large 1Fancy405281.00/cwt281.00–281.001,1381
Steers—Medium and Large 1Value Added420261.00/cwt261.00–261.001,0962
Steers—Medium and Large 1422250.19/cwt238.00–267.001,05612
Steers—Medium and Large 2423219.06/cwt212.00–225.009278
Steers—Medium and Large 1Value Added465254.00/cwt254.00–254.001,1812
Steers—Medium and Large 1480240.02/cwt237.50–241.001,1529
Steers—Medium and Large 2517206.04/cwt200.00–210.001,0656
Steers—Medium and Large 1518230.60/cwt225.00–242.501,19516
Steers—Medium and Large 1Value Added535238.38/cwt232.00–245.001,2756
Steers—Medium and Large 1574231.11/cwt224.00–235.001,32713
Steers—Medium and Large 1Value Added578238.98/cwt238.00–240.001,3814
Steers—Medium and Large 1Value Added610230.00/cwt230.00–230.001,4032
Steers—Medium and Large 1618223.53/cwt215.00–232.001,3812
Steers—Medium and Large 1668215.27/cwt210.00–226.001,4386
Steers—Medium and Large 1711208.77/cwt205.00–210.001,4844
Feeder Cattle · Heifers21 lots · lightest first
Heifers—Medium and Large 2320189.38/cwt180.00–200.006064
Heifers—Medium and Large 1324234.75/cwt230.00–244.007619
Heifers—Medium and Large 1Fancy330254.00/cwt254.00–254.008381
Heifers—Medium and Large 1Value Added340231.00/cwt231.00–231.007853
Heifers—Medium and Large 1Value Added350234.00/cwt234.00–234.008192
Heifers—Medium and Large 1Fancy357242.45/cwt240.00–247.508663
Heifers—Medium and Large 1371224.28/cwt210.00–235.0083213
Heifers—Medium and Large 2381188.94/cwt185.00–195.007205
Heifers—Medium and Large 2415179.56/cwt175.00–185.0074510
Heifers—Medium and Large 1424212.38/cwt205.00–228.0090012
Heifers—Medium and Large 1Fleshy467187.39/cwt185.00–189.008755
Heifers—Medium and Large 2476176.99/cwt170.00–182.0084212
Heifers—Medium and Large 1477207.35/cwt200.00–224.0098916
Heifers—Medium and Large 1Replacement515256.00/cwt256.00–256.001,3181
Heifers—Medium and Large 1Value Added520210.00/cwt210.00–210.001,0922
Heifers—Medium and Large 1521204.37/cwt195.00–209.001,06515
Heifers—Medium and Large 2528168.01/cwt160.00–175.008875
Heifers—Medium and Large 1576200.28/cwt192.00–206.001,1548
Heifers—Medium and Large 1623195.21/cwt185.00–200.001,21616
Heifers—Medium and Large 1674195.79/cwt193.00–198.001,3205
Heifers—Medium and Large 1720189.00/cwt189.00–189.001,3612
Feeder Cattle · Bulls7 lots · lightest first
Bulls—Medium and Large 1467209.41/cwt200.00–220.0097810
Bulls—Medium and Large 1526204.30/cwt200.00–215.001,0758
Bulls—Medium and Large 1574195.41/cwt185.00–200.001,12210
Bulls—Medium and Large 1620193.77/cwt185.00–201.001,2018
Bulls—Medium and Large 1670185.00/cwt185.00–185.001,2402
Bulls—Medium and Large 1770170.00/cwt170.00–170.001,3091
Bulls—Medium and Large 1865169.00/cwt169.00–169.001,4621
Slaughter Cattle · Bulls2 lots · lightest first
Bulls——1,32291.01/cwt90.00–92.001,2033
Bulls——1,598106.20/cwt102.00–110.001,6974
Slaughter Cattle · Cows6 lots · lightest first
Cows—Lean 85-90%82151.08/cwt45.00–55.004197
Cows—Lean 85-90%98580.46/cwt80.00–81.007932
Cows—Lean 85-90%98870.81/cwt65.00–75.0070011
Cows—Boner 80-85%1,05473.30/cwt68.00–79.0077310
Cows—Boner 80-85%1,18688.84/cwt83.00–94.001,05422
Cows—Boner 80-85%1,29797.47/cwt95.00–102.001,2649
Replacement Cattle · Bred Cows1 lot · lightest first
Bred Cows—Medium and Large 1-21,320100.00/cwt100.00–100.001,3201
Replacement Cattle · Cow-Calf Pairs2 lots · lightest first
Cow-Calf Pairs—Medium and Large 1-21,2301,475.00/head1,475.00–1,475.001,4751
Cow-Calf Pairs—Medium and Large 1-21,5851,600.00/head1,600.00–1,600.001,6001

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.