Sale reports / Arkansas / Hope Livestock Auction Inc. / 2024-05-16

Hope Livestock Auction Inc.

Name: Hope Livestock Auction Inc. livestock auction prices — 2024-05-16
Creator: RaisedBeef
Published: 2024-05-16

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Hope, Arkansas · Thu, May 16

● Final71 lots reportedUSDA AMS · slug 2058

← May 9May 16May 23 →

Feeder Cattle receipts

681 head

▲ 367 vs last sale 314▼ 56 vs year ago 737 · −7.6%

Slaughter Cattle receipts

120 head

▲ 71 vs last sale 49▼ 130 vs year ago 250 · −52.0%

Replacement Cattle receipts

50 head

▲ 40 vs last sale 10▼ 125 vs year ago 175 · −71.4%

View

Reporter comment USDA

As filed

Compared to last week: Feeder steers under 550 lbs. unevenly steady; over 550 lbs. 5.00-10.00 lower. Feeder heifers unevenly steady. Slaughter cows 4.00-8.00 higher. Slaughter bulls 3.00-8.00 higher. Market was still strong in most classes of cattle. Heavier weight steers were softer this week. Slaughter cattle were higher after a light test last week. Stock cows were in high demand. 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 $289.78/cwt on 59 head. That ranks 1 of 30 comparable sales and sits −93.33 against this barn's trailing median of $383.11.

Average price

$289.78

59 head · 534 lb average

Value per head Derived

$1,549

Price × average weight ÷ 100

Grade differential Derived

$307

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

$52.78/cwt at this weight

vs the market

−5.55

vs AR average

−20.99 vs national

Price by quality 500–600 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1	536	297.83	1,596	50
Medium and Large 2	526	245.05	1,289	9thin

One grade step is worth $52.78/cwt here — about $307 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 sale59 hd

289.78

—

AR average10 barns · 477 hd

295.33

−5.55

National average163 barns · 10,302 hd

310.77

−20.99

This barn, trailing median30 sales

383.11

−93.33

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	1,588	142.20	2,258	15
Cows	Boner 80-85%	Average	1,158	123.32	1,428	32
Cows	Lean 85-90%	Low	953	108.83	1,037	9thin

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	3rd Stage (7-9 mo)	Middle Aged (5-8 yrs)	1,143	$2,012	2thin
Bred Cows	2nd Stage (4-6 mo)	Middle Aged (5-8 yrs)	1,290	$1,900	1thin
Bulls	N/A	Young (2-4 yrs)	1,890	$3,000	1thin
Cow-Calf Pairs	Open	Middle Aged (5-8 yrs)	1,281	$2,410	32
Cow-Calf Pairs	Open	Young (2-4 yrs)	1,100	$2,400	1thin
Cow-Calf Pairs	Open	Aged (>8 yrs)	1,228	$2,166	7

Every lot

71 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 · Steers26 lots · lightest first
Steers	300–350	Medium and Large 1	320	344.38/cwt	335.00–365.00	1,102	8
Steers	300–350	Medium and Large 2	330	292.17/cwt	270.00–305.00	964	10
Steers	300–350	Medium and Large 1Value Added	343	362.48/cwt	360.00–365.00	1,243	4
Steers	350–400	Medium and Large 1	370	348.01/cwt	325.00–370.00	1,288	9
Steers	350–400	Medium and Large 2	376	280.21/cwt	275.00–290.00	1,054	9
Steers	400–450	Medium and Large 2	421	262.51/cwt	255.00–270.00	1,105	7
Steers	400–450	Medium and Large 1	428	311.32/cwt	295.00–335.00	1,332	13
Steers	450–500	Medium and Large 1Value Added	450	350.00/cwt	350.00–350.00	1,575	2
Steers	450–500	Medium and Large 2	464	251.70/cwt	245.00–257.50	1,168	8
Steers	450–500	Medium and Large 1	474	312.79/cwt	285.00–335.00	1,483	17
Steers	500–550	Medium and Large 1Fancy	507	332.45/cwt	322.50–347.50	1,686	3
Steers	500–550	Medium and Large 1	514	294.55/cwt	280.00–317.50	1,514	22
Steers	500–550	Medium and Large 2	519	245.06/cwt	235.00–250.00	1,272	7
Steers	500–550	Medium and Large 1Value Added	527	315.77/cwt	310.00–320.00	1,664	9
Steers	550–600	Medium and Large 2	550	245.00/cwt	245.00–245.00	1,348	2
Steers	550–600	Medium and Large 1	576	284.44/cwt	275.00–292.50	1,638	14
Steers	550–600	Medium and Large 1Value Added	580	295.00/cwt	295.00–295.00	1,711	2
Steers	600–650	Medium and Large 1Value Added	603	295.63/cwt	295.00–297.50	1,783	4
Steers	600–650	Medium and Large 1	631	266.26/cwt	255.00–297.50	1,680	12
Steers	650–700	Medium and Large 1	674	261.25/cwt	250.00–275.00	1,761	8
Steers	700–750	Medium and Large 1	705	225.00/cwt	225.00–225.00	1,586	2
Steers	750–800	Medium and Large 1	785	227.50/cwt	227.50–227.50	1,786	1
Steers	800–850	Medium and Large 1	840	210.00/cwt	210.00–210.00	1,764	1
Steers	900–950	Medium and Large 1	915	208.00/cwt	208.00–208.00	1,903	1
Steers	950–1000	Medium and Large 1	955	205.00/cwt	205.00–205.00	1,958	1
Steers	1050–1100	Medium and Large 1	1,053	188.76/cwt	185.00–192.50	1,988	2
Feeder Cattle · Heifers20 lots · lightest first
Heifers	300–350	Medium and Large 2	328	259.85/cwt	250.00–265.00	852	4
Heifers	300–350	Medium and Large 1	341	307.02/cwt	302.50–314.00	1,047	5
Heifers	350–400	Medium and Large 2	372	250.64/cwt	245.00–255.00	932	6
Heifers	350–400	Medium and Large 1	373	300.55/cwt	285.00–320.00	1,121	11
Heifers	400–450	Medium and Large 1	426	293.10/cwt	275.00–315.00	1,249	13
Heifers	400–450	Medium and Large 2	426	242.57/cwt	235.00–250.00	1,033	4
Heifers	450–500	Medium and Large 1Value Added	460	293.71/cwt	290.00–297.50	1,351	6
Heifers	450–500	Medium and Large 2	468	232.88/cwt	227.00–245.00	1,090	6
Heifers	450–500	Medium and Large 1	476	277.44/cwt	265.00–295.00	1,321	17
Heifers	500–550	Medium and Large 1	523	263.10/cwt	255.00–277.50	1,376	14
Heifers	500–550	Medium and Large 2	523	223.91/cwt	220.00–235.00	1,171	4
Heifers	550–600	Medium and Large 1Value Added	564	272.69/cwt	267.50–277.50	1,538	11
Heifers	550–600	Medium and Large 1	566	259.65/cwt	248.00–272.50	1,470	15
Heifers	550–600	Medium and Large 2	566	216.53/cwt	210.00–222.00	1,226	6
Heifers	600–650	Medium and Large 2	605	210.00/cwt	210.00–210.00	1,271	1
Heifers	600–650	Medium and Large 1	616	240.70/cwt	222.50–262.50	1,483	9
Heifers	650–700	Medium and Large 1	675	225.00/cwt	225.00–225.00	1,519	2
Heifers	700–750	Medium and Large 1	728	218.71/cwt	215.00–225.00	1,592	4
Heifers	750–800	Medium and Large 1	773	211.52/cwt	210.00–213.00	1,635	2
Heifers	800–850	Medium and Large 1	816	208.78/cwt	205.00–212.50	1,704	4
Feeder Cattle · Bulls6 lots · lightest first
Bulls	450–500	Medium and Large 1	468	287.25/cwt	280.00–290.00	1,344	7
Bulls	500–550	Medium and Large 1	528	268.49/cwt	267.00–270.00	1,418	4
Bulls	550–600	Medium and Large 1	553	270.02/cwt	265.00–275.00	1,493	2
Bulls	600–650	Medium and Large 1	613	241.63/cwt	240.00–245.00	1,481	3
Bulls	700–750	Medium and Large 1	725	212.00/cwt	212.00–212.00	1,537	1
Bulls	750–800	Medium and Large 1	750	200.00/cwt	200.00–200.00	1,500	1
Slaughter Cattle · Bulls3 lots · lightest first
Bulls	—	—	1,400	118.00/cwt	118.00–118.00	1,652	1
Bulls	—	—	1,578	142.07/cwt	135.50–147.00	2,242	12
Bulls	—	—	1,740	155.11/cwt	150.00–160.00	2,699	2
Slaughter Cattle · Cows6 lots · lightest first
Cows	—	Lean 85-90%	755	60.00/cwt	60.00–60.00	453	1
Cows	—	Lean 85-90%	971	113.64/cwt	110.00–117.00	1,103	7
Cows	—	Lean 85-90%	1,025	124.00/cwt	124.00–124.00	1,271	1
Cows	—	Boner 80-85%	1,053	109.80/cwt	107.00–112.00	1,156	9
Cows	—	Boner 80-85%	1,189	125.72/cwt	118.00–135.00	1,495	19
Cows	—	Boner 80-85%	1,248	142.38/cwt	137.00–148.00	1,777	4
Replacement Cattle · Bulls1 lot · lightest first
Bulls	—	Medium and Large 1-2	1,890	3,000.00/head	3,000.00–3,000.00	3,000	1
Replacement Cattle · Bred Cows3 lots · lightest first
Bred Cows	—	Medium and Large 1-2	1,143	2,012.20/head	2,000.00–2,025.00	2,012	2
Bred Cows	—	Medium and Large 1-2	1,223	133.49/cwt	129.00–136.00	1,633	4
Bred Cows	—	Medium and Large 1-2	1,290	1,900.00/head	1,900.00–1,900.00	1,900	1
Replacement Cattle · Cow-Calf Pairs6 lots · lightest first
Cow-Calf Pairs	—	Medium and Large 1-2	1,100	2,400.00/head	2,400.00–2,400.00	2,400	1
Cow-Calf Pairs	—	Medium and Large 1-2	1,175	2,041.06/head	1,900.00–2,200.00	2,041	2
Cow-Calf Pairs	—	Medium and Large 1-2	1,183	2,206.27/head	2,100.00–2,350.00	2,206	6
Cow-Calf Pairs	—	Medium and Large 1-2	1,283	2,424.08/head	1,900.00–2,875.00	2,424	29
Cow-Calf Pairs	—	Medium and Large 1-2	1,450	2,750.00/head	2,750.00–2,750.00	2,750	1
Cow-Calf Pairs	—	Medium and Large 1-2	1,500	1,925.00/head	1,925.00–1,925.00	1,925	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 16, 2024

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

Feeder CattleReceipts 681Last week 314Year ago 737

Slaughter CattleReceipts 120Last week 49Year ago 250

Replacement CattleReceipts 50Last week 10Year ago 175

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1$ per cwt · actual wt
5	300–350	341	302.50–314.00	307.02
11	350–400	373	285.00–320.00	300.55
13	400–450	426	275.00–315.00	293.10
17	450–500	476	265.00–295.00	277.44
14	500–550	523	255.00–277.50	263.10
15	550–600	566	248.00–272.50	259.65
9	600–650	616	222.50–262.50	240.70
2	650–700	675	225.00	225.00
4	700–750	728	215.00–225.00	218.71
2	750–800	773	210.00–213.00	211.52
4	800–850	816	205.00–212.50	208.78

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1 · Value Added$ per cwt · actual wt
6	450–500	460	290.00–297.50	293.71
11	550–600	564	267.50–277.50	272.69

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 2$ per cwt · actual wt
4	300–350	328	250.00–265.00	259.85
6	350–400	372	245.00–255.00	250.64
4	400–450	426	235.00–250.00	242.57
6	450–500	468	227.00–245.00	232.88
4	500–550	523	220.00–235.00	223.91
6	550–600	566	210.00–222.00	216.53
1	600–650	605	210.00	210.00

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1$ per cwt · actual wt
8	300–350	320	335.00–365.00	344.38
9	350–400	370	325.00–370.00	348.01
13	400–450	428	295.00–335.00	311.32
17	450–500	474	285.00–335.00	312.79
22	500–550	514	280.00–317.50	294.55
14	550–600	576	275.00–292.50	284.44
12	600–650	631	255.00–297.50	266.26
8	650–700	674	250.00–275.00	261.25
2	700–750	705	225.00	225.00
1	750–800	785	227.50	227.50
1	800–850	840	210.00	210.00
1	900–950	915	208.00	208.00
1	950–1000	955	205.00	205.00
2	1050–1100	1,053	185.00–192.50	188.76

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1 · Value Added$ per cwt · actual wt
4	300–350	343	360.00–365.00	362.48
2	450–500	450	350.00	350.00
9	500–550	527	310.00–320.00	315.77
2	550–600	580	295.00	295.00
4	600–650	603	295.00–297.50	295.63

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1 · Fancy$ per cwt · actual wt
3	500–550	507	322.50–347.50	332.45

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 2$ per cwt · actual wt
10	300–350	330	270.00–305.00	292.17
9	350–400	376	275.00–290.00	280.21
7	400–450	421	255.00–270.00	262.51
8	450–500	464	245.00–257.50	251.70
7	500–550	519	235.00–250.00	245.06
2	550–600	550	245.00	245.00

Head	Wt range	Avg wt	Price range	Avg price
Bulls — Medium and Large 1$ per cwt · actual wt
7	450–500	468	280.00–290.00	287.25
4	500–550	528	267.00–270.00	268.49
2	550–600	553	265.00–275.00	270.02
3	600–650	613	240.00–245.00	241.63
1	700–750	725	212.00	212.00
1	750–800	750	200.00	200.00

Slaughter Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Cows — Lean 85-90%$ per cwt · actual wt
1	—	755	60.00	60.00
1	—	1,025	124.00	124.00
7	—	971	110.00–117.00	113.64

Head	Wt range	Avg wt	Price range	Avg price
Cows — Boner 80-85%$ per cwt · actual wt
19	—	1,189	118.00–135.00	125.72
9	—	1,053	107.00–112.00	109.80
4	—	1,248	137.00–148.00	142.38

Head	Wt range	Avg wt	Price range	Avg price
Bulls$ per cwt · actual wt
12	—	1,578	135.50–147.00	142.07
2	—	1,740	150.00–160.00	155.11
1	—	1,400	118.00	118.00

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)	3rd Stage (7-9 mo)	2	—	1,143	2,000.00–2,025.00	2,012.20
Aged (>8 yrs)	3rd Stage (7-9 mo)	4	—	1,223	129.00–136.00	133.49
Middle Aged (5-8 yrs)	2nd Stage (4-6 mo)	1	—	1,290	1,900.00	1,900.00

Age	Stage	Head	Wt range	Avg wt	Price range	Avg price
Cow-Calf Pairs — Medium and Large 1-2$ per head · actual wt
Aged (>8 yrs)	Open	1	—	1,500	1,925.00	1,925.00
Middle Aged (5-8 yrs)	Open	1	—	1,450	2,750.00	2,750.00
Young (2-4 yrs)	Open	1	—	1,100	2,400.00	2,400.00
Middle Aged (5-8 yrs)	Open	29	—	1,283	1,900.00–2,875.00	2,424.08
Aged (>8 yrs)	Open	6	—	1,183	2,100.00–2,350.00	2,206.27
Middle Aged (5-8 yrs)	Open	2	—	1,175	1,900.00–2,200.00	2,041.06

Age	Stage	Head	Wt range	Avg wt	Price range	Avg price
Bulls — Medium and Large 1-2$ per head · actual wt
Young (2-4 yrs)	N/A	1	—	1,890	3,000.00	3,000.00

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.