Sale reports / Arkansas / Hope Livestock Auction Inc. / 2024-05-02

Hope Livestock Auction Inc.

Name: Hope Livestock Auction Inc. livestock auction prices — 2024-05-02
Creator: RaisedBeef
Published: 2024-05-02

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Hope, Arkansas · Thu, May 2

● Final49 lots reportedUSDA AMS · slug 2058

← Apr 25May 2May 9 →

Feeder Cattle receipts

288 head

▼ 159 vs last sale 447▼ 295 vs year ago 583 · −50.6%

Slaughter Cattle receipts

67 head

▼ 15 vs last sale 82▼ 69 vs year ago 136 · −50.7%

Replacement Cattle receipts

5 head

▼ 10 vs last sale 15▼ 5 vs year ago 10 · −50.0%

View

Reporter comment USDA

As filed

Compared to last week: Feeder steers under 500 lbs. 10.00-15.00 lower; over 500 lbs. unevenly steady. Feeder heifers unevenly steady. Slaughter cows 3.00-8.00 lower. Slaughter bulls 2.00-3.00 lower. Quality was average to plain. Buyers were not as aggressive on most classes. Limited receipts and a cheaper futures board created a softer market this week.

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 $288.14/cwt on 19 head. That ranks 1 of 30 comparable sales and sits −94.97 against this barn's trailing median of $383.11.

Average price

$288.14

19 head · 550 lb average

Value per head Derived

$1,584

Price × average weight ÷ 100

Grade differential Derived

$375

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

$58.58/cwt at this weight

vs the market

−8.96

vs AR average

−20.47 vs national

Price by quality 500–600 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1	554	300.47	1,665	15thin
Medium and Large 2	534	241.90	1,291	4thin

One grade step is worth $58.58/cwt here — about $375 a head. Across this sale the premium is widest at 500–600 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 sale19 hd

288.14

—

AR average9 barns · 285 hd

297.10

−8.96

National average166 barns · 9,614 hd

308.61

−20.47

This barn, trailing median30 sales

383.11

−94.97

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	1,570	128.08	2,011	7thin
Cows	Boner 80-85%	Average	1,200	113.93	1,367	23
Cows	Lean 85-90%	Average	964	104.39	1,007	8thin

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
Cow-Calf Pairs	Open	Middle Aged (5-8 yrs)	1,248	$2,108	2thin

Every lot

49 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 · Steers24 lots · lightest first
Steers	300–350	Medium and Large 2	313	283.46/cwt	282.00–285.00	887	2
Steers	300–350	Medium and Large 1	324	312.95/cwt	310.00–320.00	1,014	5
Steers	300–350	Medium and Large 1Value Added	325	350.00/cwt	350.00–350.00	1,138	1
Steers	350–400	Medium and Large 1	371	309.48/cwt	300.00–325.00	1,148	6
Steers	350–400	Medium and Large 1Value Added	390	345.00/cwt	345.00–345.00	1,346	1
Steers	350–400	Medium and Large 2	390	285.00/cwt	285.00–285.00	1,112	2
Steers	400–450	Medium and Large 1	422	300.33/cwt	285.00–320.00	1,267	6
Steers	400–450	Medium and Large 2	428	261.60/cwt	260.00–265.00	1,120	3
Steers	400–450	Medium and Large 1Fancy	445	342.50/cwt	342.50–342.50	1,524	1
Steers	450–500	Medium and Large 1Fancy	455	332.50/cwt	332.50–332.50	1,513	1
Steers	450–500	Medium and Large 1Value Added	455	317.50/cwt	317.50–317.50	1,445	2
Steers	450–500	Medium and Large 1	473	294.39/cwt	285.00–305.00	1,392	6
Steers	450–500	Medium and Large 2	495	255.00/cwt	255.00–255.00	1,262	1
Steers	500–550	Medium and Large 1Value Added	500	312.50/cwt	312.50–312.50	1,563	1
Steers	500–550	Medium and Large 1	518	286.30/cwt	278.00–297.50	1,483	4
Steers	500–550	Medium and Large 2	518	240.86/cwt	232.50–245.00	1,248	3
Steers	550–600	Medium and Large 1Value Added	573	311.03/cwt	300.00–315.00	1,782	7
Steers	550–600	Medium and Large 1	577	290.73/cwt	275.00–307.50	1,678	3
Steers	550–600	Medium and Large 2	580	245.00/cwt	245.00–245.00	1,421	1
Steers	600–650	Medium and Large 1	619	270.61/cwt	260.00–287.50	1,675	8
Steers	600–650	Medium and Large 1Value Added	622	277.44/cwt	272.50–285.00	1,726	3
Steers	650–700	Medium and Large 1	680	259.08/cwt	250.00–265.00	1,762	3
Steers	700–750	Medium and Large 1	705	230.00/cwt	230.00–230.00	1,622	1
Steers	700–750	Medium and Large 1Value Added	710	267.50/cwt	267.50–267.50	1,899	1
Feeder Cattle · Heifers13 lots · lightest first
Heifers	300–350	Medium and Large 1	324	295.04/cwt	290.00–297.50	956	4
Heifers	350–400	Medium and Large 1	373	289.88/cwt	275.00–300.00	1,081	7
Heifers	400–450	Medium and Large 1	425	272.72/cwt	262.50–282.50	1,159	6
Heifers	400–450	Medium and Large 2	425	242.00/cwt	242.00–242.00	1,029	1
Heifers	450–500	Medium and Large 1	469	265.30/cwt	245.00–273.00	1,244	8
Heifers	500–550	Medium and Large 2	510	217.50/cwt	210.00–225.00	1,109	2
Heifers	500–550	Medium and Large 1	519	250.65/cwt	245.00–260.00	1,301	7
Heifers	550–600	Medium and Large 1Value Added	565	250.00/cwt	250.00–250.00	1,413	2
Heifers	550–600	Medium and Large 1	576	244.93/cwt	237.50–257.50	1,411	4
Heifers	600–650	Medium and Large 1	625	232.66/cwt	225.00–242.50	1,454	4
Heifers	650–700	Medium and Large 1	678	226.13/cwt	221.00–231.00	1,533	2
Heifers	700–750	Medium and Large 1	710	210.00/cwt	210.00–210.00	1,491	1
Heifers	750–800	Medium and Large 1	770	206.04/cwt	200.00–212.00	1,587	2
Feeder Cattle · Bulls4 lots · lightest first
Bulls	450–500	Medium and Large 1	465	275.00/cwt	275.00–275.00	1,279	2
Bulls	500–550	Medium and Large 1	534	262.52/cwt	255.00–270.00	1,402	6
Bulls	550–600	Medium and Large 1	578	248.83/cwt	242.50–255.00	1,438	2
Bulls	600–650	Medium and Large 1	620	235.00/cwt	235.00–235.00	1,457	2
Slaughter Cattle · Bulls2 lots · lightest first
Bulls	—	—	1,393	117.54/cwt	110.00–125.00	1,637	2
Bulls	—	—	1,641	132.30/cwt	130.00–140.00	2,171	5
Slaughter Cattle · Cows5 lots · lightest first
Cows	—	Lean 85-90%	933	97.35/cwt	95.00–99.00	908	3
Cows	—	Lean 85-90%	983	108.61/cwt	107.00–110.00	1,068	5
Cows	—	Boner 80-85%	1,153	102.73/cwt	100.00–105.00	1,184	5
Cows	—	Boner 80-85%	1,178	129.84/cwt	125.00–135.00	1,530	2
Cows	—	Boner 80-85%	1,217	115.44/cwt	112.00–121.00	1,405	16
Replacement Cattle · Cow-Calf Pairs1 lot · lightest first
Cow-Calf Pairs	—	Medium and Large 1-2	1,248	2,107.97/head	2,025.00–2,175.00	2,108	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 May 2, 2024

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

Feeder CattleReceipts 288Last week 447Year ago 583

Slaughter CattleReceipts 67Last week 82Year ago 136

Replacement CattleReceipts 5Last week 15Year ago 10

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1$ per cwt · actual wt
5	300–350	324	310.00–320.00	312.95
6	350–400	371	300.00–325.00	309.48
6	400–450	422	285.00–320.00	300.33
6	450–500	473	285.00–305.00	294.39
4	500–550	518	278.00–297.50	286.30
3	550–600	577	275.00–307.50	290.73
8	600–650	619	260.00–287.50	270.61
3	650–700	680	250.00–265.00	259.08
1	700–750	705	230.00	230.00

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1 · Value Added$ per cwt · actual wt
1	300–350	325	350.00	350.00
1	350–400	390	345.00	345.00
2	450–500	455	317.50	317.50
1	500–550	500	312.50	312.50
7	550–600	573	300.00–315.00	311.03
3	600–650	622	272.50–285.00	277.44
1	700–750	710	267.50	267.50

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 2$ per cwt · actual wt
2	300–350	313	282.00–285.00	283.46
2	350–400	390	285.00	285.00
3	400–450	428	260.00–265.00	261.60
1	450–500	495	255.00	255.00
3	500–550	518	232.50–245.00	240.86
1	550–600	580	245.00	245.00

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1 · Fancy$ per cwt · actual wt
1	400–450	445	342.50	342.50
1	450–500	455	332.50	332.50

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1$ per cwt · actual wt
4	300–350	324	290.00–297.50	295.04
7	350–400	373	275.00–300.00	289.88
6	400–450	425	262.50–282.50	272.72
8	450–500	469	245.00–273.00	265.30
7	500–550	519	245.00–260.00	250.65
4	550–600	576	237.50–257.50	244.93
4	600–650	625	225.00–242.50	232.66
2	650–700	678	221.00–231.00	226.13
1	700–750	710	210.00	210.00
2	750–800	770	200.00–212.00	206.04

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1 · Value Added$ per cwt · actual wt
2	550–600	565	250.00	250.00

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 2$ per cwt · actual wt
1	400–450	425	242.00	242.00
2	500–550	510	210.00–225.00	217.50

Head	Wt range	Avg wt	Price range	Avg price
Bulls — Medium and Large 1$ per cwt · actual wt
2	450–500	465	275.00	275.00
6	500–550	534	255.00–270.00	262.52
2	550–600	578	242.50–255.00	248.83
2	600–650	620	235.00	235.00

Slaughter Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Bulls$ per cwt · actual wt
5	—	1,641	130.00–140.00	132.30
2	—	1,393	110.00–125.00	117.54

Head	Wt range	Avg wt	Price range	Avg price
Cows — Boner 80-85%$ per cwt · actual wt
16	—	1,217	112.00–121.00	115.44
2	—	1,178	125.00–135.00	129.84
5	—	1,153	100.00–105.00	102.73

Head	Wt range	Avg wt	Price range	Avg price
Cows — Lean 85-90%$ per cwt · actual wt
5	—	983	107.00–110.00	108.61
3	—	933	95.00–99.00	97.35

Replacement Cattle

As reported

Age	Stage	Head	Wt range	Avg wt	Price range	Avg price
Cow-Calf Pairs — Medium and Large 1-2$ per head · actual wt
Middle Aged (5-8 yrs)	Open	2	—	1,248	2,025.00–2,175.00	2,107.97

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.