Sale reports / Arkansas / Hope Livestock Auction Inc. / 2024-02-08

Hope Livestock Auction Inc.

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Hope, Arkansas · Thu, Feb 8
● Final68 lots reportedUSDA AMS · slug 2058
Feeder Cattle receipts
741 head
▼ 66 vs last sale 807▲ 338 vs year ago 403 · +83.9%
Slaughter Cattle receipts
64 head
▼ 110 vs last sale 174▼ 75 vs year ago 139 · −54.0%
Replacement Cattle receipts
20 head
▼ 5 vs last sale 25▼ 7 vs year ago 27 · −25.9%
View

Reporter comment USDA

As filed

Compared to last week: Feeder steers under 400 lbs. 3.00-8.00 lower; over 400 lbs. 2.00-12.00 higher. Feeder heifers 5.00-15.00 higher. Slaughter cows 1.00-3.00 lower. Slaughter bulls steady. Quality was average. Buyers were still aggressive on most classes of calves; especially the lighter weights. Sold two video loads to view results click this link (https://www.ams.usda.gov/mnreports/ams_3628.pdf). Next week will be the 3rd Thursday stock cow special.

Weight classPick one — the panels below update

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $305.97/cwt on 201 head.
Average price
$305.97
201 head · 446 lb average
Value per head Derived
$1,366
Price × average weight ÷ 100
Grade differential Derived
$409
per head · Medium and Large 1 over Medium and Large 2
$52.15/cwt at this weight
vs the market
+10.79
vs AR average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1460313.221,441166
Medium and Large 1-2363287.341,04314thin
Medium and Large 2395261.081,03121
One grade step is worth $52.15/cwt here — about $409 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 sale201 hd
305.97
—
AR average9 barns · 1,546 hd
295.18
+10.79
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—High1,844113.932,1017thin
CowsBoner 80-85%Low1,16695.251,11018
CowsBreaker 75-80%Average1,29595.001,2301thin
CowsLean 85-90%Low97376.267425thin

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)1,225$1,4251thin
Cow-Calf PairsOpenMiddle Aged (5-8 yrs)1,323$2,0255

Every lot

68 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 · Steers28 lots · lightest first
Steers—Medium and Large 1313322.71/cwt310.00–365.001,01013
Steers—Medium and Large 2313272.28/cwt260.00–280.0085212
Steers—Medium and Large 1Value Added323373.30/cwt370.00–380.001,2063
Steers—Medium and Large 1-2328292.10/cwt285.00–300.009584
Steers—Medium and Large 1Fancy345375.00/cwt375.00–375.001,2941
Steers—Medium and Large 2365270.00/cwt270.00–270.009861
Steers—Medium and Large 1Fancy370410.00/cwt410.00–410.001,5171
Steers—Medium and Large 1Value Added375369.36/cwt345.00–390.001,38512
Steers—Medium and Large 1375322.27/cwt290.00–350.001,20925
Steers—Medium and Large 1-2377285.44/cwt280.00–290.001,07610
Steers—Medium and Large 2400260.00/cwt260.00–260.001,0401
Steers—Medium and Large 1418315.97/cwt285.00–350.001,32120
Steers—Medium and Large 1Value Added424349.78/cwt317.50–375.001,48313
Steers—Medium and Large 1474302.32/cwt275.00–322.501,43325
Steers—Medium and Large 1Value Added476328.43/cwt315.00–350.001,5638
Steers—Medium and Large 1Fancy485330.00/cwt330.00–330.001,6011
Steers—Medium and Large 2485252.00/cwt252.00–252.001,2222
Steers—Medium and Large 1Value Added513309.48/cwt307.50–315.001,5884
Steers—Medium and Large 1527289.05/cwt275.00–300.001,5239
Steers—Medium and Large 2561236.25/cwt225.00–250.001,3255
Steers—Medium and Large 1Value Added571297.00/cwt295.00–299.001,6964
Steers—Medium and Large 1573283.30/cwt275.00–290.001,6237
Steers—Medium and Large 1Value Added607287.51/cwt285.00–292.501,7453
Steers—Medium and Large 1609273.79/cwt262.50–280.001,6674
Steers—Medium and Large 1652241.65/cwt235.00–245.001,5763
Steers—Medium and Large 1706236.33/cwt232.00–241.001,6686
Steers—Medium and Large 1773231.00/cwt228.00–235.001,7863
Steers—Medium and Large 1850220.00/cwt220.00–220.001,8701
Feeder Cattle · Heifers23 lots · lightest first
Heifers—Medium and Large 1-2317271.38/cwt260.00–278.008609
Heifers—Medium and Large 1318291.38/cwt285.00–305.0092714
Heifers—Medium and Large 1Value Added325351.56/cwt350.00–355.001,1433
Heifers—Medium and Large 1Fancy325340.00/cwt340.00–340.001,1051
Heifers—Medium and Large 2333239.80/cwt232.00–245.0079915
Heifers—Medium and Large 2355247.50/cwt240.00–250.008794
Heifers—Medium and Large 1Value Added365310.00/cwt310.00–310.001,1322
Heifers—Medium and Large 1373285.24/cwt275.00–305.001,06416
Heifers—Medium and Large 1-2389267.13/cwt260.00–272.001,0395
Heifers—Medium and Large 2410240.00/cwt240.00–240.009843
Heifers—Medium and Large 1423273.15/cwt255.00–295.001,15521
Heifers—Medium and Large 1Value Added470277.50/cwt272.50–280.001,3043
Heifers—Medium and Large 2470227.49/cwt220.00–231.001,0695
Heifers—Medium and Large 1474262.79/cwt250.00–277.501,24613
Heifers—Medium and Large 1509262.27/cwt251.00–275.001,3357
Heifers—Medium and Large 2520226.65/cwt225.00–230.001,1793
Heifers—Medium and Large 1Value Added536267.52/cwt260.00–282.501,4347
Heifers—Medium and Large 2555220.00/cwt220.00–220.001,2211
Heifers—Medium and Large 1Value Added563260.93/cwt257.50–267.501,4693
Heifers—Medium and Large 1566253.02/cwt247.00–259.001,4327
Heifers—Medium and Large 1608227.83/cwt225.00–231.001,3855
Heifers—Medium and Large 1675227.00/cwt221.00–230.001,5323
Heifers—Medium and Large 1700222.00/cwt222.00–222.001,5541
Feeder Cattle · Bulls4 lots · lightest first
Bulls—Medium and Large 1483277.96/cwt275.00–280.001,3436
Bulls—Medium and Large 1529260.58/cwt255.00–280.001,3787
Bulls—Medium and Large 1585250.93/cwt247.00–255.001,4682
Bulls—Medium and Large 1660230.00/cwt230.00–230.001,5181
Slaughter Cattle · Bulls2 lots · lightest first
Bulls——1,802111.92/cwt109.00–118.002,0176
Bulls——2,095126.00/cwt126.00–126.002,6401
Slaughter Cattle · Cows6 lots · lightest first
Cows—Lean 85-90%88065.48/cwt62.00–69.005762
Cows—Lean 85-90%1,01879.67/cwt75.00–84.008112
Cows—Boner 80-85%1,03584.67/cwt80.00–87.008763
Cows—Lean 85-90%1,07091.00/cwt91.00–91.009741
Cows—Boner 80-85%1,19297.36/cwt95.00–101.001,16115
Cows—Breaker 75-80%1,29595.00/cwt95.00–95.001,2301
Replacement Cattle · Cow-Calf Pairs3 lots · lightest first
Cow-Calf Pairs—Medium and Large 1-21,2802,035.16/head1,775.00–2,225.002,0352
Cow-Calf Pairs—Medium and Large 1-21,3501,939.58/head1,900.00–1,975.001,9402
Cow-Calf Pairs—Medium and Large 1-21,3552,175.00/head2,175.00–2,175.002,1751
Replacement Cattle · Bred Cows2 lots · lightest first
Bred Cows—Medium and Large 1-21,2251,425.00/head1,425.00–1,425.001,4251
Bred Cows—Medium and Large 1-21,305128.37/cwt125.00–132.001,6752

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.