Sale reports / Arkansas / Hope Livestock Auction Inc. / 2024-01-04

Hope Livestock Auction Inc.

Name: Hope Livestock Auction Inc. livestock auction prices — 2024-01-04
Creator: RaisedBeef
Published: 2024-01-04

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Hope, Arkansas · Thu, Jan 4

● Final45 lots reportedUSDA AMS · slug 2058

← Dec 14Jan 4Jan 11 →

Feeder Cattle receipts

380 head

▼ 312 vs last sale 692▼ 421 vs year ago 801 · −52.6%

Slaughter Cattle receipts

155 head

▼ 28 vs last sale 183▼ 13 vs year ago 168 · −7.7%

Replacement Cattle receipts

25 head

▼ 10 vs last sale 35▼ 45 vs year ago 70 · −64.3%

View

Reporter comment USDA

As filed

No trend due to lack of sale during the holidays but market was really strong with prices being some better on all classes of calves and yearlings. Slaughter cattle prices were similar to before the holidays. Buyers were aggressive on lighter weight calves suitable to graze. Quality was average to plain.

Weight class — the figures below change to match

Weight classPick one — the panels below update

Steers · summary 0–100 lb

Weighted average of every reported lot

0–100 lb steers averaged $257.43/cwt on 107 head.

Average price

$257.43

107 head · 481 lb average

Value per head Derived

$1,237

Price × average weight ÷ 100

Grade differential Derived

$360

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

$44.51/cwt at this weight

vs the market

−2.53

vs AR average

Price by quality 0–100 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1	494	267.00	1,319	84
Medium and Large 2	431	222.49	960	23

One grade step is worth $44.51/cwt here — about $360 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 sale107 hd

257.43

—

AR average9 barns · 2,072 hd

259.96

−2.53

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	1,614	99.07	1,598	8thin
Cows	Breaker 75-80%	Average	1,165	90.00	1,049	1thin
Cows	Boner 80-85%	Low	1,148	87.34	1,002	36
Cows	Lean 85-90%	Low	969	74.59	723	22

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)	1,280	$1,350	1thin
Bred Cows	2nd Stage (4-6 mo)	Middle Aged (5-8 yrs)	1,105	$1,250	1thin
Cow-Calf Pairs	Open	Middle Aged (5-8 yrs)	1,268	$1,643	10
Cow-Calf Pairs	Open	Aged (>8 yrs)	1,185	$1,381	3thin

Every lot

45 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 · Steers16 lots · lightest first
Steers	—	Medium and Large 1	333	308.41/cwt	290.00–317.00	1,027	10
Steers	—	Medium and Large 2	333	227.44/cwt	225.00–230.00	757	4
Steers	—	Medium and Large 2	358	217.48/cwt	215.00–220.00	779	2
Steers	—	Medium and Large 1	373	292.56/cwt	275.00–312.50	1,091	12
Steers	—	Medium and Large 1	418	273.24/cwt	260.00–292.50	1,142	7
Steers	—	Medium and Large 2	423	225.51/cwt	220.00–230.00	954	8
Steers	—	Medium and Large 1	465	267.48/cwt	260.00–280.00	1,244	14
Steers	—	Medium and Large 2	483	222.05/cwt	220.00–225.00	1,073	5
Steers	—	Medium and Large 2	518	214.57/cwt	210.00–219.00	1,111	4
Steers	—	Medium and Large 1	523	255.61/cwt	245.00–275.00	1,337	13
Steers	—	Medium and Large 1Fancy	535	287.50/cwt	287.50–287.50	1,538	1
Steers	—	Medium and Large 1	579	252.21/cwt	240.00–257.50	1,460	8
Steers	—	Medium and Large 1Value Added	590	263.00/cwt	263.00–263.00	1,552	2
Steers	—	Medium and Large 1	625	243.48/cwt	230.00–255.00	1,522	8
Steers	—	Medium and Large 1	662	232.27/cwt	224.00–240.00	1,538	6
Steers	—	Medium and Large 1	717	226.69/cwt	224.00–230.00	1,625	3
Feeder Cattle · Heifers13 lots · lightest first
Heifers	—	Medium and Large 2	315	210.00/cwt	210.00–210.00	662	3
Heifers	—	Medium and Large 1	327	249.51/cwt	240.00–265.00	816	11
Heifers	—	Medium and Large 2	373	208.02/cwt	200.00–210.00	776	5
Heifers	—	Medium and Large 1	377	241.69/cwt	235.00–260.00	911	9
Heifers	—	Medium and Large 1	421	240.84/cwt	232.00–261.00	1,014	9
Heifers	—	Medium and Large 2	426	198.99/cwt	195.00–205.00	848	6
Heifers	—	Medium and Large 1	474	236.30/cwt	230.00–245.00	1,120	7
Heifers	—	Medium and Large 1Fancy	500	256.00/cwt	256.00–256.00	1,280	1
Heifers	—	Medium and Large 1	519	228.93/cwt	220.00–247.00	1,188	8
Heifers	—	Medium and Large 2	523	194.97/cwt	190.00–200.00	1,020	6
Heifers	—	Medium and Large 1	568	218.01/cwt	215.00–225.00	1,238	10
Heifers	—	Medium and Large 1	608	205.75/cwt	190.00–210.00	1,251	6
Heifers	—	Medium and Large 1	657	205.38/cwt	203.00–210.00	1,349	3
Feeder Cattle · Bulls3 lots · lightest first
Bulls	—	Medium and Large 1	474	244.72/cwt	240.00–250.00	1,160	8
Bulls	—	Medium and Large 1	528	237.58/cwt	235.00–240.00	1,254	4
Bulls	—	Medium and Large 1	680	212.00/cwt	212.00–212.00	1,442	1
Slaughter Cattle · Bulls2 lots · lightest first
Bulls	—	—	1,390	83.51/cwt	82.00–85.00	1,161	2
Bulls	—	—	1,688	104.25/cwt	102.00–108.00	1,760	6
Slaughter Cattle · Cows6 lots · lightest first
Cows	—	Lean 85-90%	788	58.59/cwt	55.00–62.00	462	4
Cows	—	Lean 85-90%	994	77.23/cwt	74.00–80.00	768	16
Cows	—	Boner 80-85%	1,041	79.67/cwt	77.00–82.00	829	9
Cows	—	Lean 85-90%	1,133	85.50/cwt	85.00–86.00	969	2
Cows	—	Breaker 75-80%	1,165	90.00/cwt	90.00–90.00	1,049	1
Cows	—	Boner 80-85%	1,183	89.90/cwt	87.00–97.00	1,064	27
Replacement Cattle · Cow-Calf Pairs3 lots · lightest first
Cow-Calf Pairs	—	Medium and Large 1-2	1,185	1,381.36/head	1,350.00–1,400.00	1,381	3
Cow-Calf Pairs	—	Medium and Large 1-2	1,259	1,650.65/head	1,500.00–1,825.00	1,651	8
Cow-Calf Pairs	—	Medium and Large 1-2	1,305	1,609.96/head	1,500.00–1,700.00	1,610	2
Replacement Cattle · Bred Cows2 lots · lightest first
Bred Cows	—	Medium and Large 1-2	1,105	1,250.00/head	1,250.00–1,250.00	1,250	1
Bred Cows	—	Medium and Large 1-2	1,280	1,350.00/head	1,350.00–1,350.00	1,350	1

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 Jan 4, 2024

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

Feeder CattleReceipts 380Last week 692Year ago 801

Slaughter CattleReceipts 155Last week 183Year ago 168

Replacement CattleReceipts 25Last week 35Year ago 70

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Bulls — Medium and Large 1$ per cwt · actual wt
1	—	680	212.00	212.00
4	—	528	235.00–240.00	237.58
8	—	474	240.00–250.00	244.72

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1 · Fancy$ per cwt · actual wt
1	—	500	256.00	256.00

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1$ per cwt · actual wt
10	—	568	215.00–225.00	218.01
7	—	474	230.00–245.00	236.30
3	—	657	203.00–210.00	205.38
6	—	608	190.00–210.00	205.75
11	—	327	240.00–265.00	249.51
9	—	377	235.00–260.00	241.69
8	—	519	220.00–247.00	228.93
9	—	421	232.00–261.00	240.84

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 2$ per cwt · actual wt
6	—	426	195.00–205.00	198.99
6	—	523	190.00–200.00	194.97
5	—	373	200.00–210.00	208.02
3	—	315	210.00	210.00

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1$ per cwt · actual wt
6	—	662	224.00–240.00	232.27
7	—	418	260.00–292.50	273.24
3	—	717	224.00–230.00	226.69
10	—	333	290.00–317.00	308.41
8	—	625	230.00–255.00	243.48
12	—	373	275.00–312.50	292.56
13	—	523	245.00–275.00	255.61
14	—	465	260.00–280.00	267.48
8	—	579	240.00–257.50	252.21

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 2$ per cwt · actual wt
4	—	333	225.00–230.00	227.44
5	—	483	220.00–225.00	222.05
4	—	518	210.00–219.00	214.57
8	—	423	220.00–230.00	225.51
2	—	358	215.00–220.00	217.48

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1 · Value Added$ per cwt · actual wt
2	—	590	263.00	263.00

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1 · Fancy$ per cwt · actual wt
1	—	535	287.50	287.50

Replacement Cattle

As reported

Age	Stage	Head	Wt range	Avg wt	Price range	Avg price
Cow-Calf Pairs — Medium and Large 1-2$ per head · actual wt
Aged (>8 yrs)	Open	3	—	1,185	1,350.00–1,400.00	1,381.36
Middle Aged (5-8 yrs)	Open	2	—	1,305	1,500.00–1,700.00	1,609.96
Middle Aged (5-8 yrs)	Open	8	—	1,259	1,500.00–1,825.00	1,650.65

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)	1	—	1,105	1,250.00	1,250.00
Young (2-4 yrs)	2nd Stage (4-6 mo)	1	—	1,280	1,350.00	1,350.00

Slaughter Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Bulls$ per cwt · actual wt
6	—	1,688	102.00–108.00	104.25
2	—	1,390	82.00–85.00	83.51

Head	Wt range	Avg wt	Price range	Avg price
Cows — Lean 85-90%$ per cwt · actual wt
4	—	788	55.00–62.00	58.59
16	—	994	74.00–80.00	77.23
2	—	1,133	85.00–86.00	85.50

Head	Wt range	Avg wt	Price range	Avg price
Cows — Boner 80-85%$ per cwt · actual wt
9	—	1,041	77.00–82.00	79.67
27	—	1,183	87.00–97.00	89.90

Head	Wt range	Avg wt	Price range	Avg price
Cows — Breaker 75-80%$ per cwt · actual wt
1	—	1,165	90.00	90.00

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.