Sale reports / Arkansas / Hope Livestock Auction Inc. / 2024-02-22

Hope Livestock Auction Inc.

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Hope, Arkansas · Thu, Feb 22
● Final59 lots reportedUSDA AMS · slug 2058
Feeder Cattle receipts
665 head
▲ 21 vs last sale 644▼ 2 vs year ago 667 · −0.3%
Slaughter Cattle receipts
126 head
▲ 44 vs last sale 82▼ 10 vs year ago 136 · −7.4%
Replacement Cattle receipts
20 head
▼ 40 vs last sale 60▲ 5 vs year ago 15 · +33.3%
View

Reporter comment USDA

As filed

Compared to last week: Feeder steers under 550 lbs. 3.00-9.00 lower; over 550 steady to 5.00 lower. Feeder heifers under 400 lbs. 3.00-5.00 lower.; over 400 lbs. 5.00-10.00 higher. Slaughter cows steady to 2.00 higher. Slaughter bulls steady. Quality was average to plain. Market was still very strong. Still seeing extremely high prices for calves in right condition to graze.

Weight classPick one — the panels below update

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $299.43/cwt on 190 head.
Average price
$299.43
190 head · 480 lb average
Value per head Derived
$1,437
Price × average weight ÷ 100
Grade differential Derived
$372
per head · Medium and Large 1 over Medium and Large 2
$45.66/cwt at this weight
vs the market
+3.52
vs AR average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1491308.331,513153
Medium and Large 2434262.661,14137
One grade step is worth $45.66/cwt here — about $372 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 sale190 hd
299.43
—
AR average7 barns · 1,761 hd
295.91
+3.52
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—Average1,675112.771,8894thin
CowsBoner 80-85%High1,12899.481,12243
CowsLean 85-90%Average90778.5171212

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)Aged (>8 yrs)1,040$1,4751thin
Cow-Calf PairsOpenMiddle Aged (5-8 yrs)1,153$2,1252thin
Cow-Calf PairsOpenAged (>8 yrs)1,405$1,9001thin

Every lot

59 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 1Value Added305385.00/cwt385.00–385.001,1741
Steers—Medium and Large 2315285.00/cwt285.00–285.008983
Steers—Medium and Large 1326336.72/cwt320.00–360.001,09811
Steers—Medium and Large 1Fancy360377.47/cwt375.00–380.001,3592
Steers—Medium and Large 1370331.72/cwt310.00–370.001,22717
Steers—Medium and Large 1Value Added379372.88/cwt370.00–375.001,4137
Steers—Medium and Large 2386276.78/cwt270.00–285.001,06811
Steers—Medium and Large 1Fancy415366.67/cwt365.00–370.001,5223
Steers—Medium and Large 2421259.47/cwt255.00–265.001,0928
Steers—Medium and Large 1Value Added424336.15/cwt335.00–340.001,4259
Steers—Medium and Large 1438306.11/cwt285.00–360.001,34114
Steers—Medium and Large 1471305.24/cwt280.00–335.001,43819
Steers—Medium and Large 1Fancy473344.29/cwt330.00–360.001,6282
Steers—Medium and Large 2478259.32/cwt255.00–265.001,2407
Steers—Medium and Large 1Value Added479324.03/cwt317.50–345.001,5528
Steers—Medium and Large 2521240.99/cwt235.00–247.001,2568
Steers—Medium and Large 1524286.79/cwt280.00–310.001,50310
Steers—Medium and Large 1Value Added530327.50/cwt327.50–327.501,7366
Steers—Medium and Large 1563281.90/cwt275.00–300.001,58712
Steers—Medium and Large 1Value Added577301.08/cwt295.00–305.001,7375
Steers—Medium and Large 1Value Added600282.50/cwt282.50–282.501,6953
Steers—Medium and Large 1622275.66/cwt267.50–282.501,7153
Steers—Medium and Large 1Value Added650275.00/cwt275.00–275.001,7883
Steers—Medium and Large 1675251.78/cwt240.00–275.001,70010
Steers—Medium and Large 1715234.31/cwt232.00–238.001,6753
Steers—Medium and Large 1770233.80/cwt230.00–237.501,8002
Steers—Medium and Large 1800228.00/cwt228.00–228.001,8241
Steers—Medium and Large 1855226.24/cwt225.00–227.501,9342
Feeder Cattle · Heifers15 lots · lightest first
Heifers—Medium and Large 1321302.57/cwt280.00–332.5097113
Heifers—Medium and Large 2321253.91/cwt240.00–260.0081514
Heifers—Medium and Large 2373255.07/cwt250.00–260.009519
Heifers—Medium and Large 1378286.34/cwt275.00–310.001,0828
Heifers—Medium and Large 1Value Added422289.26/cwt277.50–305.001,22117
Heifers—Medium and Large 1425290.02/cwt265.00–305.001,23312
Heifers—Medium and Large 2431234.15/cwt230.00–240.001,0097
Heifers—Medium and Large 1Value Added462291.60/cwt285.00–300.001,3478
Heifers—Medium and Large 1468277.95/cwt265.00–285.001,30111
Heifers—Medium and Large 2485239.92/cwt236.00–244.001,1646
Heifers—Medium and Large 1Fancy505290.00/cwt290.00–290.001,4651
Heifers—Medium and Large 1511271.39/cwt255.00–287.501,38710
Heifers—Medium and Large 1Value Added561279.11/cwt275.00–280.001,56617
Heifers—Medium and Large 1567262.59/cwt250.00–282.501,48911
Heifers—Medium and Large 1621238.80/cwt230.00–247.501,4837
Feeder Cattle · Bulls4 lots · lightest first
Bulls—Medium and Large 1472277.09/cwt270.00–285.001,30811
Bulls—Medium and Large 1615240.00/cwt240.00–240.001,4761
Bulls—Medium and Large 1695221.00/cwt221.00–221.001,5361
Bulls—Medium and Large 1733220.00/cwt220.00–220.001,6132
Slaughter Cattle · Bulls1 lot · lightest first
Bulls——1,675112.77/cwt110.00–114.001,8894
Slaughter Cattle · Cows5 lots · lightest first
Cows—Lean 85-90%82857.56/cwt55.00–60.004774
Cows—Lean 85-90%94788.98/cwt86.00–90.008438
Cows—Boner 80-85%1,07585.76/cwt84.00–88.009226
Cows—Boner 80-85%1,124100.48/cwt95.00–108.001,12933
Cows—Boner 80-85%1,239111.82/cwt109.00–115.001,3854
Replacement Cattle · Stock Cows1 lot · lightest first
Stock Cows—Medium and Large 1-2895123.98/cwt120.00–125.001,1105
Replacement Cattle · Bred Cows2 lots · lightest first
Bred Cows—Medium and Large 1-21,0401,475.00/head1,475.00–1,475.001,4751
Bred Cows—Medium and Large 1-21,335140.00/cwt140.00–140.001,8691
Replacement Cattle · Cow-Calf Pairs3 lots · lightest first
Cow-Calf Pairs—Medium and Large 1-21,1101,975.00/head1,975.00–1,975.001,9751
Cow-Calf Pairs—Medium and Large 1-21,1952,275.00/head2,275.00–2,275.002,2751
Cow-Calf Pairs—Medium and Large 1-21,4051,900.00/head1,900.00–1,900.001,9001

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.