Sale reports / Arkansas / Hope Livestock Auction Inc. / 2024-04-18

Hope Livestock Auction Inc.

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Hope, Arkansas · Thu, Apr 18
● Final47 lots reportedUSDA AMS · slug 2058
Feeder Cattle receipts
464 head
▲ 342 vs last sale 122▼ 259 vs year ago 723 · −35.8%
Slaughter Cattle receipts
137 head
▲ 88 vs last sale 49▼ 73 vs year ago 210 · −34.8%
Replacement Cattle receipts
35 head
▲ 30 vs last sale 5▼ 121 vs year ago 156 · −77.6%
View

Reporter comment USDA

As filed

Last weeks limited receipts in certain weight ranges showed some drastic moves in the trend. Lighter weight feeder calves were a few dollars cheaper; with the calves over 400 lbs. being as much as 15.00-20.00 dollars higher. Slaughter cows were steady to 3.00 lower. Slaughter bulls were steady. Quality was average. Buyers were active on most classes.

Weight classPick one — the panels below update

Steers · summary 500–600 lb

Weighted average of every reported lot
500–600 lb steers averaged $275.60/cwt on 27 head. That ranks 1 of 30 comparable sales and sits −107.51 against this barn's trailing median of $383.11.
Average price
$275.60
27 head · 543 lb average
Value per head Derived
$1,496
Price × average weight ÷ 100
Grade differential Derived
$266
per head · Medium and Large 1 over Medium and Large 2
$38.89/cwt at this weight
vs the market
−8.65
vs AR average
−28.79 vs national

Price by quality 500–600 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1546281.361,53623
Medium and Large 2524242.471,2714thin
One grade step is worth $38.89/cwt here — about $266 a head. Across this sale the premium is widest at 300–400 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 sale27 hd
275.60
—
AR average7 barns · 230 hd
284.24
−8.65
National average171 barns · 11,979 hd
304.39
−28.79
This barn, trailing median30 sales
383.11
−107.51
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—Low1,566129.342,0258thin
CowsBoner 80-85%High1,139116.981,33339
CowsBreaker 75-80%Average1,478111.401,6465thin
CowsLean 85-90%Average965106.511,0289thin

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 Cows3rd Stage (7-9 mo)Middle Aged (5-8 yrs)1,000$1,7501thin
Bred Cows2nd Stage (4-6 mo)Middle Aged (5-8 yrs)1,171$1,6384thin
BullsN/AYoung (2-4 yrs)1,660$2,9001thin
Cow-Calf PairsOpenMiddle Aged (5-8 yrs)1,240$2,1716
Cow-Calf PairsOpenYoung (2-4 yrs)1,150$2,0001thin

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.
ClassWeightGrade / descriptionAvg wtPriceRangePer headHead
Feeder Cattle · Steers17 lots · lightest first
Steers300–350Medium and Large 2317280.79/cwt275.00–285.008906
Steers300–350Medium and Large 1325319.27/cwt315.00–322.501,0385
Steers350–400Medium and Large 1362323.34/cwt310.00–355.001,1709
Steers350–400Medium and Large 2381272.15/cwt265.00–280.001,0377
Steers400–450Medium and Large 1414302.68/cwt285.00–320.001,25315
Steers400–450Medium and Large 2432252.84/cwt245.00–262.001,0925
Steers450–500Medium and Large 2470253.79/cwt245.00–260.001,1934
Steers450–500Medium and Large 1472292.24/cwt282.50–302.501,37919
Steers500–550Medium and Large 2512243.29/cwt240.00–245.001,2463
Steers500–550Medium and Large 1523282.26/cwt272.50–297.501,47613
Steers550–600Medium and Large 2560240.00/cwt240.00–240.001,3441
Steers550–600Medium and Large 1576280.19/cwt270.00–290.001,61410
Steers600–650Medium and Large 1Fleshy605245.00/cwt245.00–245.001,4821
Steers600–650Medium and Large 1623267.64/cwt257.50–277.001,66710
Steers650–700Medium and Large 1655257.47/cwt250.00–267.501,6863
Steers700–750Medium and Large 1725228.47/cwt227.00–230.001,6562
Steers800–850Medium and Large 1835229.02/cwt227.00–231.001,9122
Feeder Cattle · Heifers13 lots · lightest first
Heifers300–350Medium and Large 1319284.43/cwt275.00–297.509078
Heifers300–350Medium and Large 2328246.40/cwt240.00–250.008086
Heifers350–400Medium and Large 2377246.59/cwt240.00–255.009306
Heifers350–400Medium and Large 1378277.08/cwt267.50–282.001,0473
Heifers400–450Medium and Large 2412238.15/cwt230.00–242.009816
Heifers400–450Medium and Large 1424266.54/cwt260.00–272.501,13010
Heifers450–500Medium and Large 1472261.07/cwt255.00–267.501,2327
Heifers500–550Medium and Large 1520258.71/cwt255.00–265.001,3456
Heifers550–600Medium and Large 1584244.90/cwt240.00–250.001,4304
Heifers600–650Medium and Large 1617236.12/cwt227.50–252.501,4577
Heifers650–700Medium and Large 1655230.00/cwt230.00–230.001,5071
Heifers700–750Medium and Large 1728201.07/cwt187.50–214.001,4642
Heifers750–800Medium and Large 1763211.74/cwt211.00–212.501,6162
Feeder Cattle · Bulls4 lots · lightest first
Bulls450–500Medium and Large 1477266.27/cwt258.00–270.001,2709
Bulls500–550Medium and Large 1535251.75/cwt250.00–255.001,3474
Bulls600–650Medium and Large 1600240.00/cwt240.00–240.001,4401
Bulls650–700Medium and Large 1653227.53/cwt220.00–235.001,4862
Slaughter Cattle · Bulls2 lots · lightest first
Bulls——1,270117.53/cwt115.00–120.001,4932
Bulls——1,664133.28/cwt123.00–142.002,2186
Slaughter Cattle · Cows5 lots · lightest first
Cows—Lean 85-90%965106.51/cwt95.00–112.001,0289
Cows—Boner 80-85%1,045109.45/cwt105.00–112.001,14411
Cows—Boner 80-85%1,175119.57/cwt115.00–125.001,40527
Cows—Boner 80-85%1,210130.00/cwt130.00–130.001,5731
Cows—Breaker 75-80%1,478111.40/cwt110.00–115.001,6465
Replacement Cattle · Bulls1 lot · lightest first
Bulls—Medium and Large 1-21,6602,900.00/head2,900.00–2,900.002,9001
Replacement Cattle · Cow-Calf Pairs2 lots · lightest first
Cow-Calf Pairs—Medium and Large 1-21,1502,000.00/head2,000.00–2,000.002,0001
Cow-Calf Pairs—Medium and Large 1-21,2402,171.20/head2,100.00–2,300.002,1716
Replacement Cattle · Bred Cows2 lots · lightest first
Bred Cows—Medium and Large 1-21,0001,750.00/head1,750.00–1,750.001,7501
Bred Cows—Medium and Large 1-21,1711,638.26/head1,500.00–1,700.001,6384
Replacement Cattle · Stock Cows1 lot · lightest first
Stock Cows—Medium and Large 1-2850124.98/cwt120.00–130.001,06212

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.