Sale reports / Arkansas / Hope Livestock Auction Inc. / 2024-04-11

Hope Livestock Auction Inc.

Name: Hope Livestock Auction Inc. livestock auction prices — 2024-04-11
Creator: RaisedBeef
Published: 2024-04-11

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Hope, Arkansas · Thu, Apr 11

● Final33 lots reportedUSDA AMS · slug 2058

← Apr 4Apr 11Apr 18 →

Feeder Cattle receipts

122 head

▼ 247 vs last sale 369▼ 639 vs year ago 761 · −84.0%

Slaughter Cattle receipts

49 head

▼ 38 vs last sale 87▼ 91 vs year ago 140 · −65.0%

Replacement Cattle receipts

5 head

▼ 5 vs last sale 10▼ 10 vs year ago 15 · −66.7%

View

Reporter comment USDA

As filed

Compared to last week: Feeder steers 10.00-20.00 instances more lower. Feeder heifers 5.00-20.00 instances more lower. Slaughter cows 3.00-5.00 lower. Slaughter bulls 4.00-5.00 lower. Market was considerbly softer this week. Recent rains and limited buyers with a small offering of cattle put a damper on the market this week. The futures market has lost it highs as well. Quality was average to plain.

Weight class — the figures below change to match

Weight classPick one — the panels below update

Steers · summary 500–600 lb

Weighted average of every reported lot

500–600 lb steers averaged $262.89/cwt on 11 head. That ranks 1 of 30 comparable sales and sits −120.22 against this barn's trailing median of $383.11.

Average price

$262.89

11 head · 548 lb average

Value per head Derived

$1,441

Price × average weight ÷ 100

Grade differential Derived

$169

per head · Medium and Large 1 over Medium and Large 2

$8.68/cwt at this weight

vs the market

−26.39

vs AR average

−42.58 vs national

Price by quality 500–600 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1	553	263.68	1,457	10thin
Medium and Large 2	505	255.00	1,288	1thin

One grade step is worth $8.68/cwt here — about $169 a head. Across this sale the premium is widest at 400–500 lb. USDA reports each grade on its own line and never publishes the spread.

How it compared 500–600 lb

Same class and week · spot auction only

This sale11 hd

262.89

—

AR average8 barns · 170 hd

289.28

−26.39

National average170 barns · 11,306 hd

305.47

−42.58

This barn, trailing median30 sales

383.11

−120.22

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

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.

Class	Grade	Dressing	Avg wt	$/cwt	$/head	Head
Bulls	—	Average	1,600	127.34	2,037	8thin
Cows	Breaker 75-80%	Average	1,320	126.00	1,663	1thin
Cows	Boner 80-85%	Average	1,256	123.68	1,553	10
Cows	Lean 85-90%	Average	993	102.94	1,022	6thin

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.

Class	Stage	Age	Avg wt	$/head	Head
Bred Cows	2nd Stage (4-6 mo)	Young (2-4 yrs)	995	$1,509	2thin
Bred Cows	2nd Stage (4-6 mo)	Middle Aged (5-8 yrs)	910	$1,450	1thin

Every lot

33 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 · Steers11 lots · lightest first
Steers	350–400	Medium and Large 1	375	325.60/cwt	300.00–340.00	1,221	4
Steers	400–450	Medium and Large 2	400	250.00/cwt	250.00–250.00	1,000	1
Steers	400–450	Medium and Large 1	405	300.00/cwt	300.00–300.00	1,215	1
Steers	450–500	Medium and Large 1	475	276.25/cwt	275.00–277.50	1,312	2
Steers	500–550	Medium and Large 2	505	255.00/cwt	255.00–255.00	1,288	1
Steers	500–550	Medium and Large 1	516	264.56/cwt	255.00–272.50	1,365	4
Steers	550–600	Medium and Large 1	577	263.09/cwt	250.00–271.00	1,518	6
Steers	600–650	Medium and Large 1	618	247.51/cwt	245.00–250.00	1,530	3
Steers	650–700	Medium and Large 1	660	257.50/cwt	257.50–257.50	1,700	1
Steers	700–750	Medium and Large 1	710	249.06/cwt	236.00–262.50	1,768	2
Steers	800–850	Medium and Large 1	845	226.00/cwt	226.00–226.00	1,910	1
Feeder Cattle · Heifers12 lots · lightest first
Heifers	300–350	Medium and Large 2	300	252.00/cwt	252.00–252.00	756	1
Heifers	300–350	Medium and Large 1	305	285.00/cwt	285.00–285.00	869	1
Heifers	350–400	Medium and Large 1	385	282.50/cwt	282.50–282.50	1,088	1
Heifers	400–450	Medium and Large 1	414	250.79/cwt	240.00–262.50	1,038	4
Heifers	400–450	Medium and Large 2	432	231.62/cwt	230.00–235.00	1,001	3
Heifers	450–500	Medium and Large 1	457	251.64/cwt	250.00–255.00	1,150	3
Heifers	450–500	Medium and Large 2	480	225.00/cwt	225.00–225.00	1,080	1
Heifers	500–550	Medium and Large 1	508	248.58/cwt	237.50–260.00	1,263	2
Heifers	500–550	Medium and Large 2	520	220.00/cwt	220.00–220.00	1,144	1
Heifers	550–600	Medium and Large 1	558	237.50/cwt	237.50–237.50	1,325	2
Heifers	600–650	Medium and Large 1	613	224.88/cwt	215.00–235.00	1,379	2
Heifers	750–800	Medium and Large 1	795	180.00/cwt	180.00–180.00	1,431	1
Feeder Cattle · Bulls3 lots · lightest first
Bulls	450–500	Medium and Large 1	485	260.00/cwt	260.00–260.00	1,261	1
Bulls	500–550	Medium and Large 1	500	252.00/cwt	252.00–252.00	1,260	1
Bulls	550–600	Medium and Large 1	573	240.00/cwt	240.00–240.00	1,375	2
Slaughter Cattle · Bulls2 lots · lightest first
Bulls	—	—	1,443	111.13/cwt	110.00–112.00	1,604	2
Bulls	—	—	1,652	132.74/cwt	130.00–145.00	2,193	6
Slaughter Cattle · Cows3 lots · lightest first
Cows	—	Lean 85-90%	993	102.94/cwt	97.00–110.00	1,022	6
Cows	—	Boner 80-85%	1,256	123.68/cwt	115.00–132.00	1,553	10
Cows	—	Breaker 75-80%	1,320	126.00/cwt	126.00–126.00	1,663	1
Replacement Cattle · Bred Cows2 lots · lightest first
Bred Cows	—	Medium and Large 1-2	910	1,450.00/head	1,450.00–1,450.00	1,450	1
Bred Cows	—	Medium and Large 1-2	995	1,509.05/head	1,400.00–1,600.00	1,509	2

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 Apr 11, 2024

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

Feeder CattleReceipts 122Last week 369Year ago 761

Slaughter CattleReceipts 49Last week 87Year ago 140

Replacement CattleReceipts 5Last week 10Year ago 15

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Bulls — Medium and Large 1$ per cwt · actual wt
1	450–500	485	260.00	260.00
1	500–550	500	252.00	252.00
2	550–600	573	240.00	240.00

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 2$ per cwt · actual wt
1	300–350	300	252.00	252.00
3	400–450	432	230.00–235.00	231.62
1	450–500	480	225.00	225.00
1	500–550	520	220.00	220.00

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1$ per cwt · actual wt
1	300–350	305	285.00	285.00
1	350–400	385	282.50	282.50
4	400–450	414	240.00–262.50	250.79
3	450–500	457	250.00–255.00	251.64
2	500–550	508	237.50–260.00	248.58
2	550–600	558	237.50	237.50
2	600–650	613	215.00–235.00	224.88
1	750–800	795	180.00	180.00

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1$ per cwt · actual wt
4	350–400	375	300.00–340.00	325.60
1	400–450	405	300.00	300.00
2	450–500	475	275.00–277.50	276.25
4	500–550	516	255.00–272.50	264.56
6	550–600	577	250.00–271.00	263.09
3	600–650	618	245.00–250.00	247.51
1	650–700	660	257.50	257.50
2	700–750	710	236.00–262.50	249.06
1	800–850	845	226.00	226.00

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 2$ per cwt · actual wt
1	400–450	400	250.00	250.00
1	500–550	505	255.00	255.00

Replacement Cattle

As reported

Age	Stage	Head	Wt range	Avg wt	Price range	Avg price
Bred Cows — Medium and Large 1-2$ per head · actual wt
Middle Aged (5-8 yrs)	2nd Stage (4-6 mo)	1	—	910	1,450.00	1,450.00
Young (2-4 yrs)	2nd Stage (4-6 mo)	2	—	995	1,400.00–1,600.00	1,509.05

Slaughter Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Bulls$ per cwt · actual wt
6	—	1,652	130.00–145.00	132.74
2	—	1,443	110.00–112.00	111.13

Head	Wt range	Avg wt	Price range	Avg price
Cows — Boner 80-85%$ per cwt · actual wt
10	—	1,256	115.00–132.00	123.68

Head	Wt range	Avg wt	Price range	Avg price
Cows — Breaker 75-80%$ per cwt · actual wt
1	—	1,320	126.00	126.00

Head	Wt range	Avg wt	Price range	Avg price
Cows — Lean 85-90%$ per cwt · actual wt
6	—	993	97.00–110.00	102.94

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.