Sale reports / Arkansas / Hope Livestock Auction Inc. / 2024-03-28

Hope Livestock Auction Inc.

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Hope, Arkansas · Thu, Mar 28
● Final54 lots reportedUSDA AMS · slug 2058
Feeder Cattle receipts
251 head
▼ 487 vs last sale 738▼ 334 vs year ago 585 · −57.1%
Slaughter Cattle receipts
78 head
▼ 138 vs last sale 216▼ 46 vs year ago 124 · −37.1%
Replacement Cattle receipts
15 head
▼ 135 vs last sale 150▼ 5 vs year ago 20 · −25.0%
View

Reporter comment USDA

As filed

Compared to last week: Feeder steers under 550 lbs. 3.00-12.00 lower; over 550 lbs. 3.00-10.00 higher. Feeder heifers steady to 5.00 lower. Slaughter cows 2.00-4.00 higher. Slaughter bulls 2.00-4.00 higher. Quality was average to plain. Market was little softer on most classes. Buyers were not as aggressive with a small offering. Had 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

Steers · summary 500–600 lb

Weighted average of every reported lot
500–600 lb steers averaged $299.07/cwt on 19 head. That ranks 1 of 30 comparable sales and sits −84.04 against this barn's trailing median of $383.11.
Average price
$299.07
19 head · 538 lb average
Value per head Derived
$1,609
Price × average weight ÷ 100
Grade differential Derived
—
single grade reported
vs the market
+0.76
vs AR average
−11.19 vs national

Price by quality 500–600 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1538299.071,60919thin
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 sale19 hd
299.07
—
AR average8 barns · 258 hd
298.31
+0.76
National average156 barns · 8,291 hd
310.26
−11.19
This barn, trailing median30 sales
383.11
−84.04
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

30 sales
479422366309median 383.1103/0504/3007/1609/0310/29
Steers 500–600 lb: high $464.97, low $323.28, median $383.11 across 30 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—High1,831132.882,43311
CowsBoner 80-85%Average1,132121.511,37619
CowsBreaker 75-80%Average1,725120.002,0701thin
CowsLean 85-90%Average977107.931,0547thin

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)1,165$1,8251thin
Bred Cows2nd Stage (4-6 mo)Middle Aged (5-8 yrs)1,215$1,8002thin
Bred Heifers2nd Stage (4-6 mo)Young (2-4 yrs)980$1,7501thin
Cow-Calf PairsOpenAged (>8 yrs)1,155$1,7001thin

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 1Fancy300405.00/cwt405.00–405.001,2151
Steers300–350Medium and Large 2323296.63/cwt290.00–302.009585
Steers300–350Medium and Large 1330357.34/cwt335.00–375.001,1797
Steers350–400Medium and Large 1371349.64/cwt330.00–365.001,29710
Steers350–400Medium and Large 2373279.34/cwt275.00–283.001,0425
Steers400–450Medium and Large 1413310.53/cwt295.00–335.001,2825
Steers400–450Medium and Large 2418267.87/cwt265.00–270.001,1205
Steers400–450Medium and Large 1Value Added432330.77/cwt325.00–335.001,4296
Steers450–500Medium and Large 2468263.79/cwt255.00–268.001,2353
Steers450–500Medium and Large 1469292.34/cwt285.00–300.001,3715
Steers500–550Medium and Large 1Value Added520313.03/cwt305.00–320.001,6288
Steers500–550Medium and Large 1528286.37/cwt270.00–295.001,5126
Steers550–600Medium and Large 1575288.26/cwt280.00–300.001,6573
Steers550–600Medium and Large 1Value Added585297.50/cwt297.50–297.501,7402
Steers600–650Medium and Large 1622282.58/cwt270.00–297.501,7585
Steers600–650Medium and Large 1Value Added623294.99/cwt292.50–297.501,8384
Steers650–700Medium and Large 1Value Added670297.50/cwt297.50–297.501,9932
Steers650–700Medium and Large 1680270.87/cwt267.50–275.001,8423
Steers700–750Medium and Large 1720255.00/cwt255.00–255.001,8361
Feeder Cattle · Heifers17 lots · lightest first
Heifers300–350Medium and Large 2317257.52/cwt255.00–262.508165
Heifers300–350Medium and Large 1330306.04/cwt297.50–315.001,0109
Heifers350–400Medium and Large 1Value Added350307.50/cwt307.50–307.501,0762
Heifers350–400Medium and Large 1363298.77/cwt290.00–310.001,0856
Heifers350–400Medium and Large 2375259.79/cwt255.00–272.009744
Heifers400–450Medium and Large 1Value Added415312.50/cwt312.50–312.501,2972
Heifers400–450Medium and Large 1420282.54/cwt275.00–292.501,1876
Heifers400–450Medium and Large 2420235.00/cwt235.00–235.009872
Heifers450–500Medium and Large 2453233.76/cwt232.50–235.001,0592
Heifers450–500Medium and Large 1467272.07/cwt260.00–285.001,2716
Heifers500–550Medium and Large 2520230.00/cwt230.00–230.001,1961
Heifers500–550Medium and Large 1523265.43/cwt255.00–277.501,3886
Heifers500–550Medium and Large 1Value Added541277.30/cwt277.00–277.501,5005
Heifers550–600Medium and Large 1573262.16/cwt252.50–267.501,5029
Heifers550–600Medium and Large 2585225.00/cwt225.00–225.001,3161
Heifers600–650Medium and Large 1606241.31/cwt225.00–250.001,4624
Heifers650–700Medium and Large 1670223.31/cwt220.00–225.001,4963
Feeder Cattle · Bulls6 lots · lightest first
Bulls450–500Medium and Large 1475266.40/cwt262.50–272.001,2653
Bulls550–600Medium and Large 1573255.00/cwt255.00–255.001,4612
Bulls600–650Medium and Large 1612252.37/cwt250.00–255.001,5453
Bulls700–750Medium and Large 1735227.00/cwt227.00–227.001,6682
Bulls750–800Medium and Large 1768216.62/cwt200.00–227.001,6644
Bulls800–850Medium and Large 1830217.50/cwt217.50–217.501,8051
Slaughter Cattle · Bulls3 lots · lightest first
Bulls——1,478115.99/cwt115.00–117.001,7142
Bulls——1,874134.96/cwt130.00–140.002,5298
Bulls——2,195150.00/cwt150.00–150.003,2931
Slaughter Cattle · Cows5 lots · lightest first
Cows—Lean 85-90%977107.93/cwt105.00–115.001,0547
Cows—Boner 80-85%1,048106.01/cwt104.00–110.001,1116
Cows—Boner 80-85%1,148125.37/cwt115.00–130.001,43910
Cows—Boner 80-85%1,247139.67/cwt132.00–145.001,7423
Cows—Breaker 75-80%1,725120.00/cwt120.00–120.002,0701
Replacement Cattle · Bred Heifers1 lot · lightest first
Bred Heifers—Medium and Large 1-29801,750.00/head1,750.00–1,750.001,7501
Replacement Cattle · Bred Cows2 lots · lightest first
Bred Cows—Medium and Large 1-21,1651,825.00/head1,825.00–1,825.001,8251
Bred Cows—Medium and Large 1-21,2151,800.00/head1,800.00–1,800.001,8002
Replacement Cattle · Cow-Calf Pairs1 lot · lightest first
Cow-Calf Pairs—Medium and Large 1-21,1551,700.00/head1,700.00–1,700.001,7001

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.