Sale reports / Arkansas / Hope Livestock Auction Inc. / 2023-11-09

Hope Livestock Auction Inc.

Feeder Cattle · Replacement Cattle · Hope, Arkansas · Thu, Nov 9
● Final48 lots reportedUSDA AMS · slug 2058
Feeder Cattle receipts
1,108 head
▲ 251 vs last sale 857▲ 305 vs year ago 803 · +38.0%
Replacement Cattle receipts
15 head
▲ 5 vs last sale 10▲ 5 vs year ago 10 · +50.0%
View

Reporter comment USDA

As filed

Compared to two weeks ago: Feeder steers under 500 lbs. 10.00-14.00 higher; over 500 lbs. 3.00-8.00 lower. Feeder heifers 5.00-10.00 instances 15.00 higher. Slaughter cows 1.00-3.00 higher. Slaughter bulls 2.00 lower. Quality was average. Attractive light weight calves were in high demand. Recent drops in the cattle futures has put a damper on the heavier weight cattle. Next Thursday will be the stock cow special with around 200 replacement cows consigned.

Weight classPick one — the panels below update

Heifers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb heifers averaged $218.22/cwt on 186 head.
Average price
$218.22
186 head · 461 lb average
Value per head Derived
$1,006
Price × average weight ÷ 100
Grade differential Derived
$249
per head · Medium and Large 1 over Medium and Large 2
$23.97/cwt at this weight
vs the market
−1.44
vs AR average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1480225.051,080133
Medium and Large 2413201.0883153
One grade step is worth $23.97/cwt here — about $249 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 sale186 hd
218.22
—
AR average10 barns · 2,515 hd
219.66
−1.44
A barn can sit above the state average at one weight and below it at another — check the class you actually sell.

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)1,196$1,5684thin

Every lot

48 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 · Steers18 lots · lightest first
Steers—Medium and Large 1317279.09/cwt270.00–295.0088518
Steers—Medium and Large 2322239.12/cwt232.00–245.007708
Steers—Medium and Large 1374276.98/cwt260.00–297.501,03614
Steers—Medium and Large 2376229.46/cwt225.00–235.008639
Steers—Medium and Large 1Fancy400310.00/cwt310.00–310.001,2401
Steers—Medium and Large 1422265.06/cwt250.00–282.501,11915
Steers—Medium and Large 2427222.18/cwt215.00–230.0094914
Steers—Medium and Large 1Fancy450292.50/cwt292.50–292.501,3161
Steers—Medium and Large 1469254.79/cwt230.00–275.001,19517
Steers—Medium and Large 2474213.42/cwt210.00–215.001,0126
Steers—Medium and Large 2525205.45/cwt200.00–210.001,0796
Steers—Medium and Large 1527233.28/cwt225.00–250.001,22913
Steers—Medium and Large 1Value Added535240.00/cwt240.00–240.001,2842
Steers—Medium and Large 1574221.75/cwt220.00–225.001,2739
Steers—Medium and Large 1614215.35/cwt209.00–218.001,3229
Steers—Medium and Large 1678211.36/cwt207.50–216.001,4335
Steers—Medium and Large 1731205.00/cwt205.00–205.001,4994
Steers—Medium and Large 1895195.00/cwt195.00–195.001,7451
Feeder Cattle · Heifers19 lots · lightest first
Heifers—Medium and Large 1Fancy325280.00/cwt280.00–280.009101
Heifers—Medium and Large 1328250.34/cwt235.00–267.508216
Heifers—Medium and Large 2331208.61/cwt205.00–210.0069011
Heifers—Medium and Large 1Value Added350270.00/cwt270.00–270.009453
Heifers—Medium and Large 2369205.75/cwt200.00–215.0075914
Heifers—Medium and Large 1373245.77/cwt225.00–266.0091717
Heifers—Medium and Large 1424230.26/cwt220.00–245.0097624
Heifers—Medium and Large 2424201.02/cwt190.00–210.0085211
Heifers—Medium and Large 1Value Added425240.00/cwt240.00–240.001,0205
Heifers—Medium and Large 1Value Added468235.49/cwt232.50–240.001,1029
Heifers—Medium and Large 1471222.59/cwt213.00–232.001,04812
Heifers—Medium and Large 2476195.48/cwt185.00–200.0093010
Heifers—Medium and Large 1518213.98/cwt209.00–223.001,10823
Heifers—Medium and Large 2524188.02/cwt180.00–195.009857
Heifers—Medium and Large 1576208.64/cwt200.00–217.001,20217
Heifers—Medium and Large 1Value Added600212.50/cwt212.50–212.501,2752
Heifers—Medium and Large 1621200.29/cwt192.50–205.001,2448
Heifers—Medium and Large 1677188.80/cwt180.00–207.001,2785
Heifers—Medium and Large 1705205.00/cwt205.00–205.001,4451
Feeder Cattle · Bulls8 lots · lightest first
Bulls—Medium and Large 1480213.62/cwt200.00–220.001,0258
Bulls—Medium and Large 1518206.99/cwt197.00–215.001,0726
Bulls—Medium and Large 1572198.36/cwt190.00–205.001,1356
Bulls—Medium and Large 1615187.80/cwt175.00–200.001,1557
Bulls—Medium and Large 1690189.00/cwt189.00–189.001,3041
Bulls—Medium and Large 1730183.51/cwt182.00–185.001,3402
Bulls—Medium and Large 1765180.00/cwt180.00–180.001,3771
Bulls—Medium and Large 1825175.00/cwt175.00–175.001,4441
Replacement Cattle · Bred Cows2 lots · lightest first
Bred Cows—Medium and Large 1-21,07595.00/cwt95.00–95.001,0212
Bred Cows—Medium and Large 1-21,1961,567.71/head1,500.00–1,600.001,5684
Replacement Cattle · Stock Cows1 lot · lightest first
Stock Cows—Medium and Large 1-288797.65/cwt95.00–101.008666

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.