Sale reports / Arkansas / Hope Livestock Auction Inc. / 2024-03-14

Hope Livestock Auction Inc.

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Hope, Arkansas · Thu, Mar 14
● Final54 lots reportedUSDA AMS · slug 2058
Feeder Cattle receipts
440 head
▼ 160 vs last sale 600▼ 431 vs year ago 871 · −49.5%
Slaughter Cattle receipts
112 head
▲ 52 vs last sale 60▼ 44 vs year ago 156 · −28.2%
Replacement Cattle receipts
10 head
▲ 5 vs last sale 5▼ 50 vs year ago 60 · −83.3%
View

Reporter comment USDA

As filed

No trend due to lack of report last week. All classes of cattle are really strong. Quality was average. Buyers were very aggressive. This market is seeing some prices that we haven't seen before. Next week will be the third Thursday stock cow special. Expecting some quality replacement cattle and a offering of young bulls. Sold two video loads to view results click this link https://www.ams.usda.gov/mnreports/ams_3628.pdf .

Weight classPick one — the panels below update

Heifers · summary 500–600 lb

Weighted average of every reported lot
500–600 lb heifers averaged $267.82/cwt on 32 head. That ranks 1 of 31 comparable sales and sits −101.70 against this barn's trailing median of $369.51.
Average price
$267.82
32 head · 542 lb average
Value per head Derived
$1,452
Price × average weight ÷ 100
Grade differential Derived
—
single grade reported
vs the market
−0.86
vs AR average
−8.35 vs national

Price by quality 500–600 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1542267.821,45232
Only one grade was reported at this weight, so there is no spread to compute.

How it compared 500–600 lb

Same class and week · spot auction only
This sale32 hd
267.82
—
AR average10 barns · 799 hd
268.67
−0.86
National average176 barns · 16,729 hd
276.17
−8.35
This barn, trailing median31 sales
369.51
−101.70
A barn can sit above the state average at one weight and below it at another — check the class you actually sell.

This barn's trailing prices 500–600 lb

31 sales
446400353307median 369.5103/0504/2307/0909/0310/29
Heifers 500–600 lb: high $432.07, low $320.69, median $369.51 across 31 sales. Sales under 10 head in this class are excluded, so a thin day cannot swing the median or the ranking.

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—High1,647128.342,11415
CowsBoner 80-85%High1,186119.881,42223
CowsBreaker 75-80%Average1,440113.001,6271thin
CowsLean 85-90%Average978102.461,00210

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)1,223$1,7143thin
Bred Cows3rd Stage (7-9 mo)Middle Aged (5-8 yrs)1,278$1,7032thin
Cow-Calf PairsOpenAged (>8 yrs)1,375$2,0001thin

Every lot

54 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 · Steers19 lots · lightest first
Steers300–350Medium and Large 1Fancy305397.54/cwt395.00–400.001,2122
Steers300–350Medium and Large 1315359.26/cwt320.00–385.001,1326
Steers300–350Medium and Large 2320287.46/cwt285.00–290.009204
Steers350–400Medium and Large 1374346.06/cwt300.00–385.001,29416
Steers350–400Medium and Large 2385283.90/cwt275.00–290.001,0933
Steers400–450Medium and Large 1414325.99/cwt297.50–370.001,35016
Steers400–450Medium and Large 1Value Added416354.27/cwt350.00–357.501,4747
Steers400–450Medium and Large 2428269.88/cwt265.00–280.001,1556
Steers450–500Medium and Large 1Value Added450337.50/cwt337.50–337.501,5192
Steers450–500Medium and Large 2466256.28/cwt243.00–265.001,1946
Steers450–500Medium and Large 1467307.82/cwt285.00–332.501,43811
Steers500–550Medium and Large 1519295.60/cwt285.00–307.501,53410
Steers500–550Medium and Large 1Value Added532319.15/cwt317.50–322.501,6983
Steers550–600Medium and Large 1574293.25/cwt280.00–307.501,6838
Steers550–600Medium and Large 1Value Added578317.48/cwt311.00–322.501,8358
Steers600–650Medium and Large 1613276.66/cwt270.00–280.001,6963
Steers600–650Medium and Large 1Value Added619298.80/cwt287.50–305.001,8507
Steers650–700Medium and Large 1670270.00/cwt270.00–270.001,8092
Steers700–750Medium and Large 1740242.45/cwt235.00–250.001,7942
Feeder Cattle · Heifers20 lots · lightest first
Heifers300–350Medium and Large 1306311.59/cwt297.50–340.0095312
Heifers300–350Medium and Large 2308243.24/cwt235.00–260.007493
Heifers300–350Medium and Large 1Value Added320327.50/cwt327.50–327.501,0482
Heifers350–400Medium and Large 2371240.66/cwt235.00–250.008935
Heifers350–400Medium and Large 1380295.07/cwt280.00–310.001,12113
Heifers400–450Medium and Large 1Value Added420296.12/cwt290.00–300.001,2445
Heifers400–450Medium and Large 1423290.19/cwt275.00–305.001,22811
Heifers400–450Medium and Large 2428234.80/cwt230.00–240.001,0056
Heifers450–500Medium and Large 2468234.60/cwt230.00–239.001,0983
Heifers450–500Medium and Large 1475284.16/cwt265.00–297.501,35014
Heifers450–500Medium and Large 1Value Added488292.45/cwt282.50–297.501,4278
Heifers500–550Medium and Large 1521265.75/cwt255.00–277.501,38511
Heifers500–550Medium and Large 1Value Added526280.86/cwt270.00–287.501,4776
Heifers550–600Medium and Large 1562259.80/cwt240.00–272.501,46012
Heifers550–600Medium and Large 1Value Added572281.36/cwt277.50–289.001,6093
Heifers600–650Medium and Large 1616253.53/cwt240.00–272.501,5627
Heifers600–650Medium and Large 1Value Added625262.50/cwt262.50–262.501,6412
Heifers650–700Medium and Large 1670250.00/cwt250.00–250.001,6751
Heifers650–700Medium and Large 1Value Added680257.50/cwt257.50–257.501,7512
Heifers700–750Medium and Large 1715222.50/cwt222.50–222.501,5911
Feeder Cattle · Bulls2 lots · lightest first
Bulls500–550Medium and Large 1524268.93/cwt260.00–275.001,4095
Bulls600–650Medium and Large 1630262.48/cwt260.00–265.001,6542
Slaughter Cattle · Bulls3 lots · lightest first
Bulls——1,390114.37/cwt112.00–116.001,5903
Bulls——1,670141.00/cwt141.00–141.002,3551
Bulls——1,715131.00/cwt124.00–137.002,24711
Slaughter Cattle · Cows7 lots · lightest first
Cows—Lean 85-90%85073.97/cwt73.00–75.006292
Cows—Lean 85-90%1,003108.81/cwt102.00–115.001,0917
Cows—Boner 80-85%1,044103.07/cwt100.00–107.001,0764
Cows—Lean 85-90%1,055115.00/cwt115.00–115.001,2131
Cows—Boner 80-85%1,125140.00/cwt140.00–140.001,5751
Cows—Boner 80-85%1,221122.50/cwt115.00–128.001,49618
Cows—Breaker 75-80%1,440113.00/cwt113.00–113.001,6271
Replacement Cattle · Bred Cows2 lots · lightest first
Bred Cows—Medium and Large 1-21,2231,714.20/head1,600.00–1,800.001,7143
Bred Cows—Medium and Large 1-21,2781,702.54/head1,600.00–1,800.001,7032
Replacement Cattle · Cow-Calf Pairs1 lot · lightest first
Cow-Calf Pairs—Medium and Large 1-21,3752,000.00/head2,000.00–2,000.002,0001

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.