Sale reports / Arkansas / Hope Livestock Auction Inc. / 2024-03-21

Hope Livestock Auction Inc.

Name: Hope Livestock Auction Inc. livestock auction prices — 2024-03-21
Creator: RaisedBeef
Published: 2024-03-21

Feeder Cattle · Slaughter Cattle · Hope, Arkansas · Thu, Mar 21

● Final47 lots reportedUSDA AMS · slug 2058

← Mar 14Mar 21Mar 28 →

Feeder Cattle receipts

738 head

▲ 298 vs last sale 440▲ 174 vs year ago 564 · +30.9%

Slaughter Cattle receipts

216 head

▲ 104 vs last sale 112▲ 57 vs year ago 159 · +35.8%

View

Reporter comment USDA

As filed

Compared to last week: Feeder steers under 500 lbs. 5.00-7.00 higher; over 500 lbs. 3.00-8.00 lower. Feeder heifers 3.00-8.00 lower. Slaughter cows 2.00-4.00 lower. Slaughter bulls steady to 2.00 lower. Quality was average to plain. Had a large offering of replacement cattle that were bringing a premium. Market was still strong on the light weight cattle suitable for grazing. Had a video load of home raised feeder heifers; to view results click this link https://www.ams.usda.gov/mnreports/ams_3628.pdf

Weight class — the figures below change to match

Weight classPick one — the panels below update

Heifers · summary 500–600 lb

Weighted average of every reported lot

500–600 lb heifers averaged $265.88/cwt on 44 head. That ranks 1 of 31 comparable sales and sits −103.64 against this barn's trailing median of $369.51.

Average price

$265.88

44 head · 558 lb average

Value per head Derived

$1,484

Price × average weight ÷ 100

Grade differential Derived

—

single grade reported

vs the market

+2.59

vs AR average

−11.34 vs national

Price by quality 500–600 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1	558	265.88	1,484	44

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 sale44 hd

265.88

—

AR average9 barns · 324 hd

263.29

+2.59

National average179 barns · 15,589 hd

277.22

−11.34

This barn, trailing median31 sales

369.51

−103.64

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

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.

Class	Grade	Dressing	Avg wt	$/cwt	$/head	Head
Bulls	—	Average	1,575	126.15	1,987	19
Cows	Boner 80-85%	Average	1,141	113.58	1,296	38
Cows	Lean 85-90%	Average	890	94.66	843	9thin

Every lot

47 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.

Class	Weight	Grade / description	Avg wt	Price	Range	Per head	Head
Feeder Cattle · Steers22 lots · lightest first
Steers	300–350	Medium and Large 2	311	294.02/cwt	285.00–300.00	914	5
Steers	300–350	Medium and Large 1Fancy	323	407.64/cwt	405.00–410.00	1,317	2
Steers	300–350	Medium and Large 1	330	358.14/cwt	335.00–380.00	1,182	10
Steers	350–400	Medium and Large 1	376	353.66/cwt	325.00–380.00	1,330	16
Steers	350–400	Medium and Large 2	377	288.66/cwt	275.00–300.00	1,088	12
Steers	400–450	Medium and Large 1	416	330.87/cwt	310.00–380.00	1,376	15
Steers	400–450	Medium and Large 2	426	259.50/cwt	250.00–265.00	1,105	7
Steers	400–450	Medium and Large 1Value Added	430	340.00/cwt	340.00–340.00	1,462	2
Steers	450–500	Medium and Large 1Fancy	450	342.50/cwt	342.50–342.50	1,541	1
Steers	450–500	Medium and Large 2	468	261.65/cwt	260.00–265.00	1,225	6
Steers	450–500	Medium and Large 1	476	313.22/cwt	295.00–332.50	1,491	13
Steers	450–500	Medium and Large 1Value Added	493	330.04/cwt	322.50–337.50	1,627	6
Steers	500–550	Medium and Large 1	518	289.63/cwt	285.00–320.00	1,500	14
Steers	500–550	Medium and Large 1Value Added	525	325.61/cwt	320.00–345.00	1,709	6
Steers	500–550	Medium and Large 2	537	251.61/cwt	250.00–255.00	1,351	3
Steers	550–600	Medium and Large 1	562	285.07/cwt	275.00–300.00	1,602	6
Steers	550–600	Medium and Large 2	583	243.49/cwt	242.00–245.00	1,420	4
Steers	600–650	Medium and Large 1	630	262.38/cwt	260.00–267.50	1,653	3
Steers	600–650	Medium and Large 1Value Added	635	282.50/cwt	282.50–282.50	1,794	2
Steers	600–650	Medium and Large 1Fancy	645	297.50/cwt	297.50–297.50	1,919	1
Steers	650–700	Medium and Large 1	678	254.98/cwt	250.00–260.00	1,729	2
Steers	700–750	Medium and Large 1	709	251.94/cwt	240.00–262.50	1,786	4
Feeder Cattle · Heifers15 lots · lightest first
Heifers	300–350	Medium and Large 2	314	250.02/cwt	235.00–265.00	785	9
Heifers	300–350	Medium and Large 1	315	305.25/cwt	280.00–332.50	962	17
Heifers	350–400	Medium and Large 1	369	296.24/cwt	275.00–325.00	1,093	22
Heifers	350–400	Medium and Large 2	378	245.97/cwt	245.00–250.00	930	5
Heifers	400–450	Medium and Large 2	425	230.00/cwt	230.00–230.00	978	4
Heifers	400–450	Medium and Large 1	430	287.68/cwt	267.50–300.00	1,237	17
Heifers	400–450	Medium and Large 1Value Added	432	299.72/cwt	295.00–305.00	1,295	22
Heifers	450–500	Medium and Large 1Value Added	464	292.63/cwt	280.00–312.50	1,358	13
Heifers	450–500	Medium and Large 1	465	275.14/cwt	260.00–297.50	1,279	14
Heifers	500–550	Medium and Large 1	523	254.38/cwt	245.00–265.00	1,330	10
Heifers	500–550	Medium and Large 1Value Added	528	283.46/cwt	275.00–292.50	1,497	6
Heifers	550–600	Medium and Large 1	575	252.93/cwt	245.00–265.00	1,454	9
Heifers	550–600	Medium and Large 1Value Added	578	272.51/cwt	262.50–277.50	1,575	19
Heifers	600–650	Medium and Large 1Value Added	618	268.71/cwt	267.50–270.00	1,661	6
Heifers	600–650	Medium and Large 1	619	248.84/cwt	235.00–260.00	1,540	4
Feeder Cattle · Bulls3 lots · lightest first
Bulls	450–500	Medium and Large 1	479	286.90/cwt	285.00–290.00	1,374	5
Bulls	500–550	Medium and Large 1	537	277.54/cwt	265.00–285.00	1,490	6
Bulls	750–800	Medium and Large 1	750	225.00/cwt	225.00–225.00	1,688	1
Slaughter Cattle · Bulls3 lots · lightest first
Bulls	—	—	1,439	111.64/cwt	105.00–116.00	1,606	7
Bulls	—	—	1,652	131.57/cwt	120.00–145.00	2,174	10
Bulls	—	—	1,665	149.84/cwt	146.00–154.00	2,495	2
Slaughter Cattle · Cows4 lots · lightest first
Cows	—	Lean 85-90%	768	72.02/cwt	71.00–73.00	553	2
Cows	—	Lean 85-90%	925	101.13/cwt	96.00–110.00	935	7
Cows	—	Boner 80-85%	1,050	102.69/cwt	100.00–105.00	1,078	13
Cows	—	Boner 80-85%	1,189	119.24/cwt	110.00–131.00	1,418	25

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.

Arkansas feeder prices, every weight →Every state and region →

Hope Livestock Auction - Hope, AR

Thu Mar 21, 2024

USDA Livestock, Poultry & Grain Market News · Federal-State Market News Service, Little Rock, AR (LS-LR)

Feeder CattleReceipts 738Last week 440Year ago 564

Slaughter CattleReceipts 216Last week 112Year ago 159

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Bulls — Medium and Large 1$ per cwt · actual wt
5	450–500	479	285.00–290.00	286.90
6	500–550	537	265.00–285.00	277.54
1	750–800	750	225.00	225.00

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1$ per cwt · actual wt
17	300–350	315	280.00–332.50	305.25
22	350–400	369	275.00–325.00	296.24
17	400–450	430	267.50–300.00	287.68
14	450–500	465	260.00–297.50	275.14
10	500–550	523	245.00–265.00	254.38
9	550–600	575	245.00–265.00	252.93
4	600–650	619	235.00–260.00	248.84

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 2$ per cwt · actual wt
9	300–350	314	235.00–265.00	250.02
5	350–400	378	245.00–250.00	245.97
4	400–450	425	230.00	230.00

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1 · Value Added$ per cwt · actual wt
22	400–450	432	295.00–305.00	299.72
13	450–500	464	280.00–312.50	292.63
6	500–550	528	275.00–292.50	283.46
19	550–600	578	262.50–277.50	272.51
6	600–650	618	267.50–270.00	268.71

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1 · Value Added$ per cwt · actual wt
2	400–450	430	340.00	340.00
6	450–500	493	322.50–337.50	330.04
6	500–550	525	320.00–345.00	325.61
2	600–650	635	282.50	282.50

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 2$ per cwt · actual wt
5	300–350	311	285.00–300.00	294.02
12	350–400	377	275.00–300.00	288.66
7	400–450	426	250.00–265.00	259.50
6	450–500	468	260.00–265.00	261.65
3	500–550	537	250.00–255.00	251.61
4	550–600	583	242.00–245.00	243.49

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1$ per cwt · actual wt
10	300–350	330	335.00–380.00	358.14
16	350–400	376	325.00–380.00	353.66
15	400–450	416	310.00–380.00	330.87
13	450–500	476	295.00–332.50	313.22
14	500–550	518	285.00–320.00	289.63
6	550–600	562	275.00–300.00	285.07
3	600–650	630	260.00–267.50	262.38
2	650–700	678	250.00–260.00	254.98
4	700–750	709	240.00–262.50	251.94

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1 · Fancy$ per cwt · actual wt
2	300–350	323	405.00–410.00	407.64
1	450–500	450	342.50	342.50
1	600–650	645	297.50	297.50

Slaughter Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Bulls$ per cwt · actual wt
10	—	1,652	120.00–145.00	131.57
2	—	1,665	146.00–154.00	149.84
7	—	1,439	105.00–116.00	111.64

Head	Wt range	Avg wt	Price range	Avg price
Cows — Boner 80-85%$ per cwt · actual wt
25	—	1,189	110.00–131.00	119.24
13	—	1,050	100.00–105.00	102.69

Head	Wt range	Avg wt	Price range	Avg price
Cows — Lean 85-90%$ per cwt · actual wt
7	—	925	96.00–110.00	101.13
2	—	768	71.00–73.00	72.02

Head, weight ranges, average weights and price ranges are exactly as USDA AMS filed them — nothing recomputed, nothing rounded — in USDA's own reporting structure. This is RaisedBeef's rendering of that data, not a copy of USDA's document.