Sale reports / Arkansas / Hope Livestock Auction Inc. / 2024-05-23

Hope Livestock Auction Inc.

Name: Hope Livestock Auction Inc. livestock auction prices — 2024-05-23
Creator: RaisedBeef
Published: 2024-05-23

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Hope, Arkansas · Thu, May 23

● Final49 lots reportedUSDA AMS · slug 2058

← May 16May 23May 30 →

Feeder Cattle receipts

259 head

▼ 422 vs last sale 681▼ 321 vs year ago 580 · −55.3%

Slaughter Cattle receipts

93 head

▼ 27 vs last sale 120▼ 130 vs year ago 223 · −58.3%

Replacement Cattle receipts

15 head

▼ 35 vs last sale 50▼ 25 vs year ago 40 · −62.5%

View

Reporter comment USDA

As filed

Compared to last week: Feeder steers under 400 lbs. 2.00-10.00 lower; over 400 lbs. 2.00-6.00 higher. Feeder heifers 2.00-10.00 lower. Slaughter cows 2.00-3.00 higher. Slaughter bulls no test. Market was up and down in spots. There were limited buyers with a light offering today. Quality was average. Sold two loads on video, to view results click this link ( https://www.ams.usda.gov/mnreports/ams_3628.pdf ).

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 $291.73/cwt on 19 head. That ranks 1 of 30 comparable sales and sits −91.38 against this barn's trailing median of $383.11.

Average price

$291.73

19 head · 555 lb average

Value per head Derived

$1,618

Price × average weight ÷ 100

Grade differential Derived

$309

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

$38.77/cwt at this weight

vs the market

−0.36

vs AR average

−22.37 vs national

Price by quality 500–600 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1	556	293.77	1,635	18thin
Medium and Large 2	520	255.00	1,326	1thin

One grade step is worth $38.77/cwt here — about $309 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 sale19 hd

291.73

—

AR average10 barns · 373 hd

292.09

−0.36

National average158 barns · 11,390 hd

314.10

−22.37

This barn, trailing median30 sales

383.11

−91.38

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	1,585	152.00	2,409	1thin
Cows	Boner 80-85%	Average	1,189	129.73	1,543	47
Cows	Breaker 75-80%	Average	1,350	127.32	1,719	3thin
Cows	Lean 85-90%	Average	992	103.44	1,026	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)	1,178	$1,569	4thin
Cow-Calf Pairs	Open	Middle Aged (5-8 yrs)	1,500	$2,300	1thin
Cow-Calf Pairs	Open	Young (2-4 yrs)	1,110	$1,988	3thin
Cow-Calf Pairs	Open	Aged (>8 yrs)	1,115	$1,775	1thin

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 · Steers18 lots · lightest first
Steers	300–350	Medium and Large 2	328	289.81/cwt	285.00–295.00	951	2
Steers	300–350	Medium and Large 1	332	343.02/cwt	325.00–355.00	1,139	3
Steers	350–400	Medium and Large 1	370	335.03/cwt	330.00–340.00	1,240	4
Steers	350–400	Medium and Large 2	371	281.52/cwt	265.00–300.00	1,044	8
Steers	400–450	Medium and Large 1	429	324.95/cwt	315.00–345.00	1,394	5
Steers	400–450	Medium and Large 2	432	273.61/cwt	270.00–287.50	1,182	5
Steers	450–500	Medium and Large 1	465	315.23/cwt	297.50–330.00	1,466	5
Steers	450–500	Medium and Large 2	495	270.00/cwt	270.00–270.00	1,337	2
Steers	500–550	Medium and Large 2	520	255.00/cwt	255.00–255.00	1,326	1
Steers	500–550	Medium and Large 1	521	295.06/cwt	275.00–310.00	1,537	7
Steers	550–600	Medium and Large 1	579	292.95/cwt	285.00–300.00	1,696	11
Steers	600–650	Medium and Large 1	621	272.70/cwt	265.00–291.00	1,693	5
Steers	650–700	Medium and Large 1Value Added	665	267.76/cwt	265.00–275.00	1,781	9
Steers	650–700	Medium and Large 1	678	251.51/cwt	240.00–262.50	1,705	5
Steers	700–750	Medium and Large 1Value Added	722	251.00/cwt	251.00–251.00	1,812	3
Steers	700–750	Medium and Large 1	725	242.00/cwt	242.00–242.00	1,755	1
Steers	750–800	Medium and Large 1	764	233.76/cwt	225.00–245.00	1,786	4
Steers	800–850	Medium and Large 1	815	230.00/cwt	230.00–230.00	1,875	1
Feeder Cattle · Heifers16 lots · lightest first
Heifers	300–350	Medium and Large 2	322	255.95/cwt	255.00–258.00	824	3
Heifers	350–400	Medium and Large 2	355	250.00/cwt	250.00–250.00	888	1
Heifers	350–400	Medium and Large 1	383	302.51/cwt	300.00–305.00	1,159	3
Heifers	400–450	Medium and Large 2	420	235.00/cwt	235.00–235.00	987	1
Heifers	400–450	Medium and Large 1	427	293.09/cwt	280.00–300.00	1,251	5
Heifers	450–500	Medium and Large 1	474	267.84/cwt	260.00–280.00	1,270	8
Heifers	450–500	Medium and Large 2	480	236.30/cwt	230.00–240.00	1,134	4
Heifers	500–550	Medium and Large 1	524	250.87/cwt	238.00–257.50	1,315	6
Heifers	500–550	Medium and Large 1Value Added	530	270.00/cwt	270.00–270.00	1,431	3
Heifers	500–550	Medium and Large 1Replacement	540	275.00/cwt	275.00–275.00	1,485	1
Heifers	550–600	Medium and Large 1	566	238.27/cwt	235.00–245.00	1,349	6
Heifers	600–650	Medium and Large 1	614	239.51/cwt	225.00–247.50	1,471	5
Heifers	650–700	Medium and Large 1	675	231.12/cwt	220.00–247.50	1,560	6
Heifers	750–800	Medium and Large 1	758	198.44/cwt	192.00–205.00	1,504	2
Heifers	800–850	Medium and Large 1	800	195.00/cwt	195.00–195.00	1,560	1
Heifers	850–900	Medium and Large 1	890	185.00/cwt	185.00–185.00	1,647	1
Feeder Cattle · Bulls3 lots · lightest first
Bulls	450–500	Medium and Large 1	475	285.00/cwt	285.00–285.00	1,354	2
Bulls	500–550	Medium and Large 1	521	269.78/cwt	260.00–280.00	1,406	8
Bulls	650–700	Medium and Large 1	683	227.45/cwt	225.00–230.00	1,553	2
Slaughter Cattle · Bulls1 lot · lightest first
Bulls	—	—	1,585	152.00/cwt	152.00–152.00	2,409	1
Slaughter Cattle · Cows5 lots · lightest first
Cows	—	Lean 85-90%	992	103.44/cwt	98.00–110.00	1,026	8
Cows	—	Boner 80-85%	1,048	112.03/cwt	108.00–118.00	1,174	6
Cows	—	Boner 80-85%	1,204	129.31/cwt	120.00–139.00	1,557	32
Cows	—	Boner 80-85%	1,230	143.04/cwt	140.00–145.00	1,759	9
Cows	—	Breaker 75-80%	1,350	127.32/cwt	122.00–133.00	1,719	3
Replacement Cattle · Cow-Calf Pairs4 lots · lightest first
Cow-Calf Pairs	—	Medium and Large 1-2	1,030	2,000.00/head	2,000.00–2,000.00	2,000	1
Cow-Calf Pairs	—	Medium and Large 1-2	1,115	1,775.00/head	1,775.00–1,775.00	1,775	1
Cow-Calf Pairs	—	Medium and Large 1-2	1,150	1,982.17/head	1,900.00–2,100.00	1,982	2
Cow-Calf Pairs	—	Medium and Large 1-2	1,500	2,300.00/head	2,300.00–2,300.00	2,300	1
Replacement Cattle · Stock Cows1 lot · lightest first
Stock Cows	—	Medium and Large 1-2	928	148.47/cwt	147.00–150.00	1,378	2
Replacement Cattle · Bred Cows1 lot · lightest first
Bred Cows	—	Medium and Large 1-2	1,178	1,569.27/head	1,400.00–1,775.00	1,569	4

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 23, 2024

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

Feeder CattleReceipts 259Last week 681Year ago 580

Slaughter CattleReceipts 93Last week 120Year ago 223

Replacement CattleReceipts 15Last week 50Year ago 40

Slaughter Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Cows — Boner 80-85%$ per cwt · actual wt
32	—	1,204	120.00–139.00	129.31
6	—	1,048	108.00–118.00	112.03
9	—	1,230	140.00–145.00	143.04

Head	Wt range	Avg wt	Price range	Avg price
Cows — Breaker 75-80%$ per cwt · actual wt
3	—	1,350	122.00–133.00	127.32

Head	Wt range	Avg wt	Price range	Avg price
Cows — Lean 85-90%$ per cwt · actual wt
8	—	992	98.00–110.00	103.44

Head	Wt range	Avg wt	Price range	Avg price
Bulls$ per cwt · actual wt
1	—	1,585	152.00	152.00

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1$ per cwt · actual wt
3	350–400	383	300.00–305.00	302.51
5	400–450	427	280.00–300.00	293.09
8	450–500	474	260.00–280.00	267.84
6	500–550	524	238.00–257.50	250.87
6	550–600	566	235.00–245.00	238.27
5	600–650	614	225.00–247.50	239.51
6	650–700	675	220.00–247.50	231.12
2	750–800	758	192.00–205.00	198.44
1	800–850	800	195.00	195.00
1	850–900	890	185.00	185.00

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1 · Value Added$ per cwt · actual wt
3	500–550	530	270.00	270.00

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 2$ per cwt · actual wt
3	300–350	322	255.00–258.00	255.95
1	350–400	355	250.00	250.00
1	400–450	420	235.00	235.00
4	450–500	480	230.00–240.00	236.30

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1 · Replacement$ per cwt · actual wt
1	500–550	540	275.00	275.00

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1 · Value Added$ per cwt · actual wt
9	650–700	665	265.00–275.00	267.76
3	700–750	722	251.00	251.00

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1$ per cwt · actual wt
3	300–350	332	325.00–355.00	343.02
4	350–400	370	330.00–340.00	335.03
5	400–450	429	315.00–345.00	324.95
5	450–500	465	297.50–330.00	315.23
7	500–550	521	275.00–310.00	295.06
11	550–600	579	285.00–300.00	292.95
5	600–650	621	265.00–291.00	272.70
5	650–700	678	240.00–262.50	251.51
1	700–750	725	242.00	242.00
4	750–800	764	225.00–245.00	233.76
1	800–850	815	230.00	230.00

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 2$ per cwt · actual wt
2	300–350	328	285.00–295.00	289.81
8	350–400	371	265.00–300.00	281.52
5	400–450	432	270.00–287.50	273.61
2	450–500	495	270.00	270.00
1	500–550	520	255.00	255.00

Head	Wt range	Avg wt	Price range	Avg price
Bulls — Medium and Large 1$ per cwt · actual wt
2	450–500	475	285.00	285.00
8	500–550	521	260.00–280.00	269.78
2	650–700	683	225.00–230.00	227.45

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
Aged (>8 yrs)	Open	1	—	1,115	1,775.00	1,775.00
Young (2-4 yrs)	Open	2	—	1,150	1,900.00–2,100.00	1,982.17
Young (2-4 yrs)	Open	1	—	1,030	2,000.00	2,000.00
Middle Aged (5-8 yrs)	Open	1	—	1,500	2,300.00	2,300.00

Age	Stage	Head	Wt range	Avg wt	Price range	Avg price
Stock Cows — Medium and Large 1-2$ per cwt · actual wt
Young (2-4 yrs)	Open	2	—	928	147.00–150.00	148.47

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)	4	—	1,178	1,400.00–1,775.00	1,569.27

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.