Sale reports / Arkansas / Hope Livestock Auction Inc. / 2024-02-01

Hope Livestock Auction Inc.

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Hope, Arkansas · Thu, Feb 1
● Final71 lots reportedUSDA AMS · slug 2058
Feeder Cattle receipts
807 head
▲ 558 vs last sale 249▲ 448 vs year ago 359 · +124.8%
Slaughter Cattle receipts
174 head
▲ 139 vs last sale 35▲ 56 vs year ago 118 · +47.5%
Replacement Cattle receipts
25 head
▲ 25 vs last sale 0▲ 10 vs year ago 15 · +66.7%
View

Reporter comment USDA

As filed

No trend due to limited receipts last week. Market was strong on all classes of cattle. Buyers were very aggressive. Quality was average. We are seeing prices on calves that have not been seen in years. Sold a video load to view results click this link (https://www.ams.usda.gov/mnreports/ams_3628.pdf).

Weight classPick one — the panels below update

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $287.53/cwt on 200 head.
Average price
$287.53
200 head · 500 lb average
Value per head Derived
$1,437
Price × average weight ÷ 100
Grade differential Derived
$405
per head · Medium and Large 1 over Medium and Large 2
$39.13/cwt at this weight
vs the market
−0.74
vs AR average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1512293.791,506168
Medium and Large 2432254.661,10032
One grade step is worth $39.13/cwt here — about $405 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 sale200 hd
287.53
—
AR average6 barns · 2,083 hd
288.27
−0.74
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—Average1,667110.021,8349thin
CowsBreaker 75-80%Average1,238100.511,2442thin
CowsBoner 80-85%Average1,17797.911,15231
CowsLean 85-90%Low93376.5671510

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)Young (2-4 yrs)1,040$1,8251thin
Bred Cows3rd Stage (7-9 mo)Middle Aged (5-8 yrs)1,198$1,6193thin
Bred Cows2nd Stage (4-6 mo)Middle Aged (5-8 yrs)1,095$1,5001thin
Bred Cows3rd Stage (7-9 mo)Young (2-4 yrs)1,055$1,4501thin
Bred Cows1st Stage (1-3 mo)Young (2-4 yrs)975$1,3001thin
Cow-Calf PairsOpenMiddle Aged (5-8 yrs)1,540$2,2351thin

Every lot

71 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 · Steers26 lots · lightest first
Steers—Medium and Large 1Fancy323367.56/cwt365.00–370.001,1872
Steers—Medium and Large 1329334.58/cwt305.00–350.001,10111
Steers—Medium and Large 2336271.15/cwt250.00–277.009115
Steers—Medium and Large 2370272.66/cwt265.00–278.001,0095
Steers—Medium and Large 1373332.83/cwt300.00–355.001,24112
Steers—Medium and Large 1Fancy380370.00/cwt360.00–380.001,4064
Steers—Medium and Large 1Value Added392348.19/cwt340.00–365.001,3653
Steers—Medium and Large 1Fancy405375.00/cwt375.00–375.001,5191
Steers—Medium and Large 1Value Added420367.50/cwt367.50–367.501,5442
Steers—Medium and Large 1420304.57/cwt275.00–345.001,27924
Steers—Medium and Large 2429252.46/cwt245.00–260.001,0838
Steers—Medium and Large 2466246.91/cwt240.00–255.001,1518
Steers—Medium and Large 1468299.33/cwt280.00–325.001,40122
Steers—Medium and Large 1Value Added483320.83/cwt320.00–322.501,5503
Steers—Medium and Large 1Value Added508293.31/cwt285.00–300.001,4905
Steers—Medium and Large 2523239.19/cwt235.00–245.001,2516
Steers—Medium and Large 1532278.01/cwt265.00–305.001,4799
Steers—Medium and Large 1565269.14/cwt262.50–280.001,52112
Steers—Medium and Large 1Value Added569284.41/cwt275.00–310.001,6189
Steers—Medium and Large 1Value Added609279.97/cwt261.00–283.001,70518
Steers—Medium and Large 1638254.12/cwt245.00–282.501,6217
Steers—Medium and Large 1Value Added673269.57/cwt267.50–272.501,8145
Steers—Medium and Large 1674241.79/cwt230.00–255.001,6307
Steers—Medium and Large 1Value Added705250.00/cwt250.00–250.001,7632
Steers—Medium and Large 1727234.80/cwt225.00–240.001,7076
Steers—Medium and Large 1770232.53/cwt230.00–237.001,7904
Feeder Cattle · Heifers24 lots · lightest first
Heifers—Medium and Large 2323244.77/cwt240.00–250.007916
Heifers—Medium and Large 1326281.97/cwt270.00–300.009198
Heifers—Medium and Large 1Fancy340320.00/cwt320.00–320.001,0882
Heifers—Medium and Large 1364277.01/cwt255.00–317.501,00814
Heifers—Medium and Large 2369238.44/cwt230.00–247.008807
Heifers—Medium and Large 1Fancy385317.50/cwt317.50–317.501,2221
Heifers—Medium and Large 1Fancy405315.00/cwt315.00–315.001,2761
Heifers—Medium and Large 1Value Added410272.50/cwt272.50–272.501,1172
Heifers—Medium and Large 2418228.11/cwt220.00–237.009538
Heifers—Medium and Large 1420258.20/cwt249.00–273.001,08419
Heifers—Medium and Large 1Fancy465280.00/cwt280.00–280.001,3021
Heifers—Medium and Large 1469256.31/cwt242.00–270.001,20215
Heifers—Medium and Large 2473222.00/cwt215.00–232.001,05014
Heifers—Medium and Large 1Value Added485251.00/cwt251.00–251.001,2172
Heifers—Medium and Large 1Value Added517262.91/cwt259.00–265.001,3593
Heifers—Medium and Large 1523246.07/cwt235.00–255.001,28714
Heifers—Medium and Large 2523219.06/cwt215.00–222.001,1465
Heifers—Medium and Large 1572242.27/cwt230.00–253.001,38612
Heifers—Medium and Large 1Value Added575253.22/cwt245.00–261.001,4565
Heifers—Medium and Large 1611236.58/cwt224.00–245.001,4467
Heifers—Medium and Large 1Value Added615236.00/cwt236.00–236.001,4512
Heifers—Medium and Large 1674221.18/cwt216.00–225.001,4915
Heifers—Medium and Large 1718211.89/cwt200.00–222.001,5213
Heifers—Medium and Large 1800199.00/cwt199.00–199.001,5921
Feeder Cattle · Bulls6 lots · lightest first
Bulls—Medium and Large 1464269.73/cwt255.00–280.001,2528
Bulls—Medium and Large 1518245.31/cwt240.00–255.001,2719
Bulls—Medium and Large 1575245.00/cwt245.00–245.001,4091
Bulls—Medium and Large 1683221.02/cwt220.00–222.001,5102
Bulls—Medium and Large 1727223.31/cwt220.00–225.001,6233
Bulls—Medium and Large 1770219.97/cwt218.00–222.001,6943
Slaughter Cattle · Bulls1 lot · lightest first
Bulls——1,667110.02/cwt105.00–115.001,8349
Slaughter Cattle · Cows6 lots · lightest first
Cows—Lean 85-90%76358.53/cwt55.00–62.004472
Cows—Lean 85-90%97681.07/cwt76.00–85.007918
Cows—Boner 80-85%1,05284.20/cwt80.00–86.008865
Cows—Boner 80-85%1,17499.05/cwt94.00–103.001,16321
Cows—Breaker 75-80%1,238100.51/cwt100.00–101.001,2442
Cows—Boner 80-85%1,312106.84/cwt105.00–110.001,4025
Replacement Cattle · Stock Cows1 lot · lightest first
Stock Cows—Medium and Large 1-2893120.43/cwt117.00–130.001,0756
Replacement Cattle · Bred Cows6 lots · lightest first
Bred Cows—Medium and Large 1-29751,300.00/head1,300.00–1,300.001,3001
Bred Cows—Medium and Large 1-21,0401,825.00/head1,825.00–1,825.001,8251
Bred Cows—Medium and Large 1-21,0551,450.00/head1,450.00–1,450.001,4501
Bred Cows—Medium and Large 1-21,0951,500.00/head1,500.00–1,500.001,5001
Bred Cows—Medium and Large 1-21,180109.07/cwt103.00–114.001,2873
Bred Cows—Medium and Large 1-21,1981,618.57/head1,550.00–1,725.001,6193
Replacement Cattle · Cow-Calf Pairs1 lot · lightest first
Cow-Calf Pairs—Medium and Large 1-21,5402,235.00/head2,235.00–2,235.002,2351

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.