Sale reports / Arkansas / Hope Livestock Auction Inc. / 2024-05-09

Hope Livestock Auction Inc.

Name: Hope Livestock Auction Inc. livestock auction prices — 2024-05-09
Creator: RaisedBeef
Published: 2024-05-09

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Hope, Arkansas · Thu, May 9

● Final54 lots reportedUSDA AMS · slug 2058

← May 2May 9May 16 →

Feeder Cattle receipts

314 head

▲ 26 vs last sale 288▼ 269 vs year ago 583 · −46.1%

Slaughter Cattle receipts

49 head

▼ 18 vs last sale 67▼ 87 vs year ago 136 · −64.0%

Replacement Cattle receipts

10 head

▲ 5 vs last sale 5▲ 0 vs year ago 10 · +0.0%

View

Reporter comment USDA

As filed

Compared to last week: Feeder steers 5.00-15.00 higher with lighter weights as much as 20.00-25.00 higher. Feeder heifers 5.00-15.00 higher. Slaughter cows 2.00-5.00 higher. Slaughter bulls steady to 1.00 lower. The market on calves was a ball of fire. Buyers were very aggressive on the lighter weights. Recent drops in the futures trade and lighter receipts didn't dampen the market at all today. Quality was average.

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 $288.04/cwt on 20 head. That ranks 1 of 30 comparable sales and sits −95.07 against this barn's trailing median of $383.11.

Average price

$288.04

20 head · 539 lb average

Value per head Derived

$1,552

Price × average weight ÷ 100

Grade differential Derived

$251

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

$46.52/cwt at this weight

vs the market

−4.84

vs AR average

−21.67 vs national

Price by quality 500–600 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1	539	295.02	1,590	17thin
Medium and Large 2	539	248.49	1,339	3thin

One grade step is worth $46.52/cwt here — about $251 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 sale20 hd

288.04

—

AR average8 barns · 259 hd

292.88

−4.84

National average167 barns · 10,730 hd

309.71

−21.67

This barn, trailing median30 sales

383.11

−95.07

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	1,362	123.72	1,684	4thin
Cows	Breaker 75-80%	Average	1,605	120.00	1,926	1thin
Cows	Boner 80-85%	Low	1,171	118.37	1,386	15
Cows	Lean 85-90%	Average	920	96.55	888	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
Bred Cows	2nd Stage (4-6 mo)	Middle Aged (5-8 yrs)	1,135	$2,150	1thin
Bred Cows	1st Stage (1-3 mo)	Young (2-4 yrs)	970	$1,600	1thin
Cow-Calf Pairs	Open	Middle Aged (5-8 yrs)	1,280	$2,050	1thin

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.

Class	Weight	Grade / description	Avg wt	Price	Range	Per head	Head
Feeder Cattle · Steers20 lots · lightest first
Steers	300–350	Medium and Large 2	310	285.00/cwt	285.00–285.00	884	1
Steers	300–350	Medium and Large 1	330	351.98/cwt	315.00–375.00	1,162	6
Steers	350–400	Medium and Large 1	370	333.84/cwt	310.00–365.00	1,235	5
Steers	350–400	Medium and Large 2	377	284.13/cwt	282.50–285.00	1,071	3
Steers	400–450	Medium and Large 2	413	268.76/cwt	267.50–270.00	1,110	2
Steers	400–450	Medium and Large 1	421	321.47/cwt	300.00–350.00	1,353	19
Steers	400–450	Medium and Large 1Value Added	426	327.89/cwt	325.00–337.50	1,397	7
Steers	450–500	Medium and Large 1	473	304.23/cwt	285.00–325.00	1,439	8
Steers	450–500	Medium and Large 2	482	255.16/cwt	240.00–265.00	1,230	3
Steers	450–500	Medium and Large 1Value Added	495	332.50/cwt	332.50–332.50	1,646	1
Steers	500–550	Medium and Large 1Value Added	510	312.00/cwt	312.00–312.00	1,591	1
Steers	500–550	Medium and Large 1	519	290.85/cwt	277.50–315.00	1,510	9
Steers	500–550	Medium and Large 2	528	250.24/cwt	240.00–260.00	1,321	2
Steers	550–600	Medium and Large 2	560	245.00/cwt	245.00–245.00	1,372	1
Steers	550–600	Medium and Large 1Value Added	565	301.66/cwt	292.50–312.50	1,704	4
Steers	550–600	Medium and Large 1	573	292.99/cwt	280.00–310.00	1,679	3
Steers	600–650	Medium and Large 1	638	273.59/cwt	260.00–287.50	1,746	2
Steers	700–750	Medium and Large 1	703	252.51/cwt	250.00–255.00	1,775	2
Steers	750–800	Medium and Large 1	780	231.03/cwt	220.00–242.50	1,802	2
Steers	800–850	Medium and Large 1	805	235.00/cwt	235.00–235.00	1,892	1
Feeder Cattle · Heifers18 lots · lightest first
Heifers	300–350	Medium and Large 2	330	275.00/cwt	275.00–275.00	908	1
Heifers	300–350	Medium and Large 1	335	301.18/cwt	290.00–315.00	1,009	4
Heifers	350–400	Medium and Large 2	373	255.00/cwt	255.00–255.00	951	2
Heifers	350–400	Medium and Large 1	377	300.43/cwt	275.00–317.50	1,133	7
Heifers	400–450	Medium and Large 1	425	297.42/cwt	280.00–317.50	1,264	11
Heifers	400–450	Medium and Large 2	440	245.00/cwt	245.00–245.00	1,078	1
Heifers	450–500	Medium and Large 1	469	274.34/cwt	260.00–295.00	1,287	14
Heifers	450–500	Medium and Large 1Fancy	485	300.00/cwt	300.00–300.00	1,455	1
Heifers	450–500	Medium and Large 2	485	240.00/cwt	240.00–240.00	1,164	1
Heifers	500–550	Medium and Large 2	500	228.00/cwt	228.00–228.00	1,140	1
Heifers	500–550	Medium and Large 1	523	263.93/cwt	250.00–280.00	1,380	8
Heifers	500–550	Medium and Large 1Value Added	540	265.00/cwt	265.00–265.00	1,431	1
Heifers	550–600	Medium and Large 1	584	250.36/cwt	240.00–262.50	1,462	6
Heifers	600–650	Medium and Large 1	626	238.91/cwt	230.00–247.50	1,496	7
Heifers	650–700	Medium and Large 1Replacement	670	265.00/cwt	265.00–265.00	1,776	1
Heifers	650–700	Medium and Large 1	672	228.78/cwt	225.00–234.00	1,537	3
Heifers	700–750	Medium and Large 1	708	218.63/cwt	207.50–230.00	1,548	2
Heifers	750–800	Medium and Large 1	755	200.00/cwt	200.00–200.00	1,510	1
Feeder Cattle · Bulls5 lots · lightest first
Bulls	450–500	Medium and Large 1	455	275.00/cwt	275.00–275.00	1,251	2
Bulls	500–550	Medium and Large 1	528	271.80/cwt	260.00–290.00	1,435	3
Bulls	550–600	Medium and Large 1	575	268.36/cwt	265.00–270.00	1,543	3
Bulls	600–650	Medium and Large 1	629	254.03/cwt	241.00–265.00	1,598	4
Bulls	650–700	Medium and Large 1	668	253.06/cwt	245.00–257.50	1,690	3
Slaughter Cattle · Bulls2 lots · lightest first
Bulls	—	—	1,275	115.99/cwt	115.00–117.00	1,479	2
Bulls	—	—	1,448	131.44/cwt	130.00–133.00	1,903	2
Slaughter Cattle · Cows6 lots · lightest first
Cows	—	Lean 85-90%	838	77.48/cwt	75.00–80.00	649	2
Cows	—	Lean 85-90%	947	102.91/cwt	98.00–108.00	975	6
Cows	—	Boner 80-85%	1,030	103.99/cwt	103.00–105.00	1,071	2
Cows	—	Boner 80-85%	1,179	119.30/cwt	115.00–126.00	1,407	12
Cows	—	Boner 80-85%	1,355	136.00/cwt	136.00–136.00	1,843	1
Cows	—	Breaker 75-80%	1,605	120.00/cwt	120.00–120.00	1,926	1
Replacement Cattle · Bred Cows2 lots · lightest first
Bred Cows	—	Medium and Large 1-2	970	1,600.00/head	1,600.00–1,600.00	1,600	1
Bred Cows	—	Medium and Large 1-2	1,135	2,150.00/head	2,150.00–2,150.00	2,150	1
Replacement Cattle · Cow-Calf Pairs1 lot · lightest first
Cow-Calf Pairs	—	Medium and Large 1-2	1,280	2,050.00/head	2,050.00–2,050.00	2,050	1

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 9, 2024

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

Feeder CattleReceipts 314Last week 288Year ago 583

Slaughter CattleReceipts 49Last week 67Year ago 136

Replacement CattleReceipts 10Last week 5Year ago 10

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Bulls — Medium and Large 1$ per cwt · actual wt
2	450–500	455	275.00	275.00
3	500–550	528	260.00–290.00	271.80
3	550–600	575	265.00–270.00	268.36
4	600–650	629	241.00–265.00	254.03
3	650–700	668	245.00–257.50	253.06

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1 · Fancy$ per cwt · actual wt
1	450–500	485	300.00	300.00

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 2$ per cwt · actual wt
1	300–350	330	275.00	275.00
2	350–400	373	255.00	255.00
1	400–450	440	245.00	245.00
1	450–500	485	240.00	240.00
1	500–550	500	228.00	228.00

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1 · Replacement$ per cwt · actual wt
1	650–700	670	265.00	265.00

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1$ per cwt · actual wt
4	300–350	335	290.00–315.00	301.18
7	350–400	377	275.00–317.50	300.43
11	400–450	425	280.00–317.50	297.42
14	450–500	469	260.00–295.00	274.34
8	500–550	523	250.00–280.00	263.93
6	550–600	584	240.00–262.50	250.36
7	600–650	626	230.00–247.50	238.91
3	650–700	672	225.00–234.00	228.78
2	700–750	708	207.50–230.00	218.63
1	750–800	755	200.00	200.00

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1 · Value Added$ per cwt · actual wt
1	500–550	540	265.00	265.00

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1$ per cwt · actual wt
6	300–350	330	315.00–375.00	351.98
5	350–400	370	310.00–365.00	333.84
19	400–450	421	300.00–350.00	321.47
8	450–500	473	285.00–325.00	304.23
9	500–550	519	277.50–315.00	290.85
3	550–600	573	280.00–310.00	292.99
2	600–650	638	260.00–287.50	273.59
2	700–750	703	250.00–255.00	252.51
2	750–800	780	220.00–242.50	231.03
1	800–850	805	235.00	235.00

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1 · Value Added$ per cwt · actual wt
7	400–450	426	325.00–337.50	327.89
1	450–500	495	332.50	332.50
1	500–550	510	312.00	312.00
4	550–600	565	292.50–312.50	301.66

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 2$ per cwt · actual wt
1	300–350	310	285.00	285.00
3	350–400	377	282.50–285.00	284.13
2	400–450	413	267.50–270.00	268.76
3	450–500	482	240.00–265.00	255.16
2	500–550	528	240.00–260.00	250.24
1	550–600	560	245.00	245.00

Slaughter Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Cows — Lean 85-90%$ per cwt · actual wt
6	—	947	98.00–108.00	102.91
2	—	838	75.00–80.00	77.48

Head	Wt range	Avg wt	Price range	Avg price
Cows — Breaker 75-80%$ per cwt · actual wt
1	—	1,605	120.00	120.00

Head	Wt range	Avg wt	Price range	Avg price
Cows — Boner 80-85%$ per cwt · actual wt
2	—	1,030	103.00–105.00	103.99
1	—	1,355	136.00	136.00
12	—	1,179	115.00–126.00	119.30

Head	Wt range	Avg wt	Price range	Avg price
Bulls$ per cwt · actual wt
2	—	1,448	130.00–133.00	131.44
2	—	1,275	115.00–117.00	115.99

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
Young (2-4 yrs)	1st Stage (1-3 mo)	1	—	970	1,600.00	1,600.00
Middle Aged (5-8 yrs)	2nd Stage (4-6 mo)	1	—	1,135	2,150.00	2,150.00

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	1	—	1,280	2,050.00	2,050.00

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.