Sale reports / Arkansas / Hope Livestock Auction Inc. / 2024-01-25

Hope Livestock Auction Inc.

Feeder Cattle · Slaughter Cattle · Hope, Arkansas · Thu, Jan 25
● Final44 lots reportedUSDA AMS · slug 2058
Feeder Cattle receipts
249 head
▼ 405 vs last sale 654▼ 110 vs year ago 359 · −30.6%
Slaughter Cattle receipts
35 head
▼ 54 vs last sale 89▼ 83 vs year ago 118 · −70.3%
View

Reporter comment USDA

As filed

No trend due to no sale last week, but cattle were considerably higher on all classes of calves. Buyers were very aggressive on a small offering. There were limited receipts due to the recent heavy rains. Had a large number of preconditioned cattle. Quality was average.

Weight classPick one — the panels below update

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $288.80/cwt on 90 head.
Average price
$288.80
90 head · 506 lb average
Value per head Derived
$1,463
Price × average weight ÷ 100
Grade differential Derived
$512
per head · Medium and Large 1 over Medium and Large 2
$52.79/cwt at this weight
vs the market
+17.59
vs AR average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1515293.491,51282
Medium and Large 2416240.701,0008thin
One grade step is worth $52.79/cwt here — about $512 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 sale90 hd
288.80
—
AR average7 barns · 770 hd
271.21
+17.59
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—Average1,682102.581,7257thin
CowsBoner 80-85%Low1,12788.2499517
CowsLean 85-90%Average94272.146808thin

Every lot

44 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 1324304.81/cwt295.00–315.009884
Steers—Medium and Large 2325250.08/cwt235.00–260.008134
Steers—Medium and Large 1Value Added372340.00/cwt300.00–355.001,2658
Steers—Medium and Large 1375314.50/cwt277.50–340.001,1796
Steers—Medium and Large 1418314.92/cwt300.00–332.501,3164
Steers—Medium and Large 1Value Added424331.70/cwt320.00–340.001,4065
Steers—Medium and Large 2435240.00/cwt240.00–240.001,0441
Steers—Medium and Large 1Value Added471335.44/cwt325.00–345.001,5807
Steers—Medium and Large 1478313.73/cwt300.00–335.001,5004
Steers—Medium and Large 1507290.86/cwt277.50–300.001,4753
Steers—Medium and Large 1Value Added519301.22/cwt290.00–315.001,5638
Steers—Medium and Large 2530228.43/cwt225.00–230.001,2113
Steers—Medium and Large 1566273.07/cwt265.00–282.501,5465
Steers—Medium and Large 1607247.91/cwt230.00–270.001,5056
Steers—Medium and Large 1Value Added628266.40/cwt264.00–271.001,67310
Steers—Medium and Large 1Value Added665260.66/cwt260.00–261.001,7333
Steers—Medium and Large 1671239.47/cwt230.00–244.001,6074
Steers—Medium and Large 1725236.03/cwt230.00–245.001,7115
Feeder Cattle · Heifers18 lots · lightest first
Heifers—Medium and Large 1Value Added305292.42/cwt287.50–302.508923
Heifers—Medium and Large 1330273.90/cwt270.00–280.009043
Heifers—Medium and Large 1Value Added370279.59/cwt270.00–290.001,0344
Heifers—Medium and Large 1380275.99/cwt262.50–287.001,0495
Heifers—Medium and Large 2415213.58/cwt210.00–217.008862
Heifers—Medium and Large 1419255.86/cwt239.00–273.001,0728
Heifers—Medium and Large 1Value Added420267.14/cwt260.00–275.001,1224
Heifers—Medium and Large 1Value Added467245.84/cwt240.00–250.001,1486
Heifers—Medium and Large 1469239.06/cwt233.00–249.001,1214
Heifers—Medium and Large 2470215.00/cwt215.00–215.001,0111
Heifers—Medium and Large 1528227.47/cwt222.00–230.001,2014
Heifers—Medium and Large 2545200.00/cwt200.00–200.001,0901
Heifers—Medium and Large 1Value Added570230.00/cwt230.00–230.001,3111
Heifers—Medium and Large 1573221.00/cwt219.00–225.001,2664
Heifers—Medium and Large 1626213.63/cwt210.00–217.001,3374
Heifers—Medium and Large 1Value Added627221.90/cwt220.00–232.001,39112
Heifers—Medium and Large 1Value Added650224.00/cwt224.00–224.001,4561
Heifers—Medium and Large 1660207.30/cwt205.00–212.001,3683
Feeder Cattle · Bulls2 lots · lightest first
Bulls—Medium and Large 1565245.00/cwt245.00–245.001,3841
Bulls—Medium and Large 1650226.00/cwt226.00–226.001,4691
Slaughter Cattle · Bulls2 lots · lightest first
Bulls——1,25585.00/cwt85.00–85.001,0671
Bulls——1,753105.51/cwt103.00–108.001,8506
Slaughter Cattle · Cows4 lots · lightest first
Cows—Lean 85-90%80557.56/cwt55.00–60.004632
Cows—Lean 85-90%98877.00/cwt75.00–80.007616
Cows—Boner 80-85%1,02879.00/cwt78.00–80.008124
Cows—Boner 80-85%1,15891.08/cwt87.00–99.001,05513

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.