Sale reports / Arkansas / Hope Livestock Auction Inc. / 2024-01-11

Hope Livestock Auction Inc.

Name: Hope Livestock Auction Inc. livestock auction prices — 2024-01-11
Creator: RaisedBeef
Published: 2024-01-11

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Hope, Arkansas · Thu, Jan 11

● Final57 lots reportedUSDA AMS · slug 2058

← Jan 4Jan 11Jan 25 →

Feeder Cattle receipts

654 head

▲ 274 vs last sale 380▼ 416 vs year ago 1,070 · −38.9%

Slaughter Cattle receipts

89 head

▼ 66 vs last sale 155▼ 51 vs year ago 140 · −36.4%

Replacement Cattle receipts

10 head

▼ 15 vs last sale 25▼ 5 vs year ago 15 · −33.3%

View

Reporter comment USDA

As filed

Compared to last week: Feeder steers 2.00-5.00 lower except 400-600 lb. were 4.00-5.00 higher. Feeder heifers steady to 3.00 lower. Slaughter cows were steady. Slaughter bulls steady to 2.00 lower. Quality was average to plain. Market was strong considering a dismal winter weather forecast. Buyers were still aggressive on the light weight calves suitable for grazing.

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 $221.00/cwt on 133 head.

Average price

$221.00

133 head · 468 lb average

Value per head Derived

$1,035

Price × average weight ÷ 100

Grade differential Derived

$219

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

$23.84/cwt at this weight

vs the market

−4.86

vs AR average

Price by quality 0–100 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1	484	228.35	1,105	92
Medium and Large 2	433	204.51	885	41

One grade step is worth $23.84/cwt here — about $219 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 sale133 hd

221.00

—

AR average8 barns · 1,701 hd

225.87

−4.86

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	—	Low	1,738	99.16	1,724	7thin
Cows	Boner 80-85%	Low	1,159	90.75	1,051	26
Cows	Lean 85-90%	Low	916	68.86	631	12

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	1st Stage (1-3 mo)	Young (2-4 yrs)	950	$1,300	1thin
Bred Cows	2nd Stage (4-6 mo)	Middle Aged (5-8 yrs)	1,130	$1,240	1thin

Every lot

57 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 · Steers21 lots · lightest first
Steers	—	Medium and Large 1	323	293.30/cwt	285.00–305.00	947	9
Steers	—	Medium and Large 2	337	239.68/cwt	230.00–250.00	808	8
Steers	—	Medium and Large 1	375	291.17/cwt	275.00–322.50	1,092	19
Steers	—	Medium and Large 2	383	237.61/cwt	230.00–245.00	910	7
Steers	—	Medium and Large 1	419	278.62/cwt	265.00–308.00	1,167	18
Steers	—	Medium and Large 2	419	231.27/cwt	230.00–235.00	969	4
Steers	—	Medium and Large 1Fancy	465	300.00/cwt	300.00–300.00	1,395	1
Steers	—	Medium and Large 1Value Added	468	289.99/cwt	287.50–292.50	1,357	2
Steers	—	Medium and Large 1	477	270.82/cwt	260.00–290.00	1,292	15
Steers	—	Medium and Large 2	510	225.00/cwt	225.00–225.00	1,148	2
Steers	—	Medium and Large 1Value Added	513	283.78/cwt	282.50–285.00	1,456	2
Steers	—	Medium and Large 1Fancy	525	290.00/cwt	290.00–290.00	1,523	1
Steers	—	Medium and Large 1	526	264.21/cwt	250.00–280.00	1,390	11
Steers	—	Medium and Large 2	550	213.00/cwt	210.00–216.00	1,172	2
Steers	—	Medium and Large 1	567	256.45/cwt	242.50–267.50	1,454	3
Steers	—	Medium and Large 1	611	237.50/cwt	230.00–247.50	1,451	8
Steers	—	Medium and Large 1Value Added	627	244.96/cwt	240.00–250.00	1,536	5
Steers	—	Medium and Large 1	652	229.65/cwt	225.00–232.00	1,497	3
Steers	—	Medium and Large 1Value Added	668	244.18/cwt	242.50–247.50	1,631	3
Steers	—	Medium and Large 1	750	200.00/cwt	200.00–200.00	1,500	2
Steers	—	Medium and Large 1	825	200.00/cwt	200.00–200.00	1,650	1
Feeder Cattle · Heifers18 lots · lightest first
Heifers	—	Medium and Large 2	319	213.41/cwt	200.00–222.00	681	8
Heifers	—	Medium and Large 1	321	248.75/cwt	230.00–270.00	798	13
Heifers	—	Medium and Large 1	366	241.70/cwt	230.00–252.00	885	13
Heifers	—	Medium and Large 2	376	216.89/cwt	210.00–220.00	816	5
Heifers	—	Medium and Large 1Value Added	413	249.98/cwt	246.00–254.00	1,032	4
Heifers	—	Medium and Large 1	418	234.80/cwt	226.00–242.50	981	12
Heifers	—	Medium and Large 2	419	210.74/cwt	200.00–218.00	883	11
Heifers	—	Medium and Large 2	464	201.04/cwt	190.00–215.00	933	8
Heifers	—	Medium and Large 1	472	236.69/cwt	225.00–250.00	1,117	10
Heifers	—	Medium and Large 1Value Added	490	244.00/cwt	244.00–244.00	1,196	2
Heifers	—	Medium and Large 1Value Added	500	244.00/cwt	244.00–244.00	1,220	1
Heifers	—	Medium and Large 1	513	230.07/cwt	218.00–241.00	1,180	5
Heifers	—	Medium and Large 2	535	190.02/cwt	185.00–200.00	1,017	5
Heifers	—	Medium and Large 1	579	216.71/cwt	210.00–225.00	1,255	11
Heifers	—	Medium and Large 2	581	179.18/cwt	172.00–185.00	1,041	4
Heifers	—	Medium and Large 1	621	202.89/cwt	195.00–208.00	1,260	10
Heifers	—	Medium and Large 1	665	198.27/cwt	190.00–211.00	1,318	7
Heifers	—	Medium and Large 1	730	191.22/cwt	185.00–195.00	1,396	4
Feeder Cattle · Bulls8 lots · lightest first
Bulls	—	Medium and Large 1	483	248.15/cwt	243.00–250.00	1,199	6
Bulls	—	Medium and Large 1	523	237.39/cwt	230.00–250.00	1,242	4
Bulls	—	Medium and Large 1	567	224.85/cwt	220.00–227.00	1,275	5
Bulls	—	Medium and Large 1	621	214.58/cwt	200.00–222.00	1,333	4
Bulls	—	Medium and Large 1	668	216.32/cwt	215.00–218.00	1,445	3
Bulls	—	Medium and Large 1	740	193.00/cwt	193.00–193.00	1,428	1
Bulls	—	Medium and Large 1	795	180.00/cwt	180.00–180.00	1,431	1
Bulls	—	Medium and Large 1	825	188.00/cwt	188.00–188.00	1,551	1
Slaughter Cattle · Bulls2 lots · lightest first
Bulls	—	—	1,500	85.00/cwt	85.00–85.00	1,275	1
Bulls	—	—	1,778	101.52/cwt	95.00–109.00	1,805	6
Slaughter Cattle · Cows5 lots · lightest first
Cows	—	Lean 85-90%	815	53.03/cwt	50.00–60.00	432	4
Cows	—	Lean 85-90%	966	76.78/cwt	72.00–80.00	742	8
Cows	—	Boner 80-85%	1,070	78.40/cwt	77.00–82.00	839	4
Cows	—	Boner 80-85%	1,169	98.91/cwt	98.00–100.00	1,156	4
Cows	—	Boner 80-85%	1,176	91.68/cwt	86.00–96.00	1,078	18
Replacement Cattle · Bred Cows3 lots · lightest first
Bred Cows	—	Medium and Large 1-2	950	1,300.00/head	1,300.00–1,300.00	1,300	1
Bred Cows	—	Medium and Large 1-2	1,020	115.00/cwt	115.00–115.00	1,173	1
Bred Cows	—	Medium and Large 1-2	1,130	1,240.00/head	1,240.00–1,240.00	1,240	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 11, 2024

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

Feeder CattleReceipts 654Last week 380Year ago 1,070

Slaughter CattleReceipts 89Last week 155Year ago 140

Replacement CattleReceipts 10Last week 25Year ago 15

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1$ per cwt · actual wt
3	—	567	242.50–267.50	256.45
18	—	419	265.00–308.00	278.62
9	—	323	285.00–305.00	293.30
15	—	477	260.00–290.00	270.82
11	—	526	250.00–280.00	264.21
19	—	375	275.00–322.50	291.17
3	—	652	225.00–232.00	229.65
8	—	611	230.00–247.50	237.50
2	—	750	200.00	200.00
1	—	825	200.00	200.00

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 2$ per cwt · actual wt
4	—	419	230.00–235.00	231.27
7	—	383	230.00–245.00	237.61
2	—	510	225.00	225.00
8	—	337	230.00–250.00	239.68
2	—	550	210.00–216.00	213.00

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1 · Value Added$ per cwt · actual wt
3	—	668	242.50–247.50	244.18
2	—	513	282.50–285.00	283.78
2	—	468	287.50–292.50	289.99
5	—	627	240.00–250.00	244.96

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1 · Fancy$ per cwt · actual wt
1	—	525	290.00	290.00
1	—	465	300.00	300.00

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1 · Value Added$ per cwt · actual wt
2	—	490	244.00	244.00
4	—	413	246.00–254.00	249.98
1	—	500	244.00	244.00

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1$ per cwt · actual wt
12	—	418	226.00–242.50	234.80
7	—	665	190.00–211.00	198.27
10	—	621	195.00–208.00	202.89
13	—	321	230.00–270.00	248.75
5	—	513	218.00–241.00	230.07
4	—	730	185.00–195.00	191.22
11	—	579	210.00–225.00	216.71
13	—	366	230.00–252.00	241.70
10	—	472	225.00–250.00	236.69

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 2$ per cwt · actual wt
4	—	581	172.00–185.00	179.18
8	—	464	190.00–215.00	201.04
5	—	376	210.00–220.00	216.89
5	—	535	185.00–200.00	190.02
11	—	419	200.00–218.00	210.74
8	—	319	200.00–222.00	213.41

Head	Wt range	Avg wt	Price range	Avg price
Bulls — Medium and Large 1$ per cwt · actual wt
1	—	740	193.00	193.00
1	—	825	188.00	188.00
1	—	795	180.00	180.00
6	—	483	243.00–250.00	248.15
5	—	567	220.00–227.00	224.85
4	—	621	200.00–222.00	214.58
4	—	523	230.00–250.00	237.39
3	—	668	215.00–218.00	216.32

Slaughter Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Cows — Boner 80-85%$ per cwt · actual wt
4	—	1,070	77.00–82.00	78.40
4	—	1,169	98.00–100.00	98.91
18	—	1,176	86.00–96.00	91.68

Head	Wt range	Avg wt	Price range	Avg price
Cows — Lean 85-90%$ per cwt · actual wt
4	—	815	50.00–60.00	53.03
8	—	966	72.00–80.00	76.78

Head	Wt range	Avg wt	Price range	Avg price
Bulls$ per cwt · actual wt
1	—	1,500	85.00	85.00
6	—	1,778	95.00–109.00	101.52

Replacement Cattle

As reported

Age	Stage	Head	Wt range	Avg wt	Price range	Avg price
Bred Cows — Medium and Large 1-2$ per cwt · actual wt
Middle Aged (5-8 yrs)	2nd Stage (4-6 mo)	1	—	1,020	115.00	115.00
Young (2-4 yrs)	1st Stage (1-3 mo)	1	—	950	1,300.00	1,300.00
Middle Aged (5-8 yrs)	2nd Stage (4-6 mo)	1	—	1,130	1,240.00	1,240.00

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.