Sale reports / Arkansas / Hope Livestock Auction Inc. / 2024-05-30

Hope Livestock Auction Inc.

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Hope, Arkansas · Thu, May 30
● Final57 lots reportedUSDA AMS · slug 2058
Feeder Cattle receipts
386 head
▲ 127 vs last sale 259▼ 191 vs year ago 577 · −33.1%
Slaughter Cattle receipts
157 head
▲ 64 vs last sale 93▲ 16 vs year ago 141 · +11.3%
Replacement Cattle receipts
10 head
▼ 5 vs last sale 15▼ 5 vs year ago 15 · −33.3%
View

Reporter comment USDA

As filed

Compared to last week: Feeder steers under 400 lbs. 10.00-15.00 higher; over 400 lbs. 3.00-8.00 lower. Feeder heifers 3.00-10.00 lower except 500-600lb were 5.00-10.00 higher. Slaughter cows steady to 2.00 lower. Slaughter bulls steady. Quality was average. Market was little softer, but still strong.

Weight classPick one — the panels below update

Steers · summary 500–600 lb

Weighted average of every reported lot
500–600 lb steers averaged $274.16/cwt on 30 head. That ranks 1 of 30 comparable sales and sits −108.95 against this barn's trailing median of $383.11.
Average price
$274.16
30 head · 546 lb average
Value per head Derived
$1,498
Price × average weight ÷ 100
Grade differential Derived
$314
per head · Medium and Large 1 over Medium and Large 2
$46.04/cwt at this weight
vs the market
−22.44
vs AR average
−30.98 vs national

Price by quality 500–600 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1554288.761,59920
Medium and Large 1-2555265.001,4711thin
Medium and Large 2529242.721,2859thin
One grade step is worth $46.04/cwt here — about $314 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 sale30 hd
274.16
—
AR average10 barns · 731 hd
296.60
−22.44
National average125 barns · 5,668 hd
305.14
−30.98
This barn, trailing median30 sales
383.11
−108.95
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—Average1,603136.762,1939thin
CowsBoner 80-85%Low1,215126.981,54358
CowsBreaker 75-80%Average1,361123.941,6874thin
CowsLean 85-90%Average1,001110.291,1048thin

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 Cows2nd Stage (4-6 mo)Young (2-4 yrs)1,230$1,7251thin
Bred Cows2nd Stage (4-6 mo)Middle Aged (5-8 yrs)1,070$1,6862thin
Bred Cows1st Stage (1-3 mo)Middle Aged (5-8 yrs)972$1,5001thin
Cow-Calf PairsOpenMiddle Aged (5-8 yrs)1,105$2,1251thin

Every lot

57 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 · Steers25 lots · lightest first
Steers300–350Medium and Large 1310365.16/cwt360.00–370.001,1323
Steers300–350Medium and Large 2326298.70/cwt285.00–305.009744
Steers350–400Medium and Large 1377353.60/cwt325.00–385.001,3336
Steers350–400Medium and Large 2386284.32/cwt270.00–305.001,0977
Steers400–450Medium and Large 1423315.31/cwt285.00–340.001,3346
Steers400–450Medium and Large 2423266.78/cwt260.00–272.501,1284
Steers400–450Medium and Large 1Fancy430365.00/cwt365.00–365.001,5701
Steers400–450Medium and Large 1-2438278.04/cwt270.00–285.001,2184
Steers450–500Medium and Large 2475258.90/cwt250.00–265.001,2308
Steers450–500Medium and Large 1477303.61/cwt285.00–320.001,4486
Steers450–500Medium and Large 1-2488272.31/cwt265.00–282.501,3294
Steers500–550Medium and Large 2515244.01/cwt235.00–257.001,2576
Steers500–550Medium and Large 1532288.93/cwt275.00–305.001,5379
Steers550–600Medium and Large 1-2555265.00/cwt265.00–265.001,4711
Steers550–600Medium and Large 2558240.15/cwt230.00–250.001,3403
Steers550–600Medium and Large 1Value Added567302.38/cwt292.50–307.501,7143
Steers550–600Medium and Large 1573283.46/cwt270.00–295.001,6248
Steers600–650Medium and Large 1Value Added602290.64/cwt282.50–297.501,7506
Steers600–650Medium and Large 1626263.94/cwt250.00–277.501,6525
Steers650–700Medium and Large 1Value Added655277.98/cwt272.50–282.501,8215
Steers650–700Medium and Large 1671253.18/cwt242.50–267.501,69910
Steers700–750Medium and Large 1715252.94/cwt242.50–270.001,8094
Steers800–850Medium and Large 1825218.58/cwt211.00–230.001,8033
Steers850–900Medium and Large 1883206.99/cwt205.00–209.001,8282
Steers900–950Medium and Large 1910209.00/cwt209.00–209.001,9021
Feeder Cattle · Heifers15 lots · lightest first
Heifers350–400Medium and Large 2380247.92/cwt240.00–260.009426
Heifers350–400Medium and Large 1386298.88/cwt280.00–315.001,1546
Heifers400–450Medium and Large 1419282.59/cwt265.00–300.001,1848
Heifers400–450Medium and Large 2427236.37/cwt230.00–245.001,0096
Heifers450–500Medium and Large 1474270.61/cwt260.00–277.501,2839
Heifers500–550Medium and Large 1520269.29/cwt257.50–275.001,4008
Heifers500–550Medium and Large 2523225.16/cwt220.00–235.001,1783
Heifers550–600Medium and Large 2565217.46/cwt215.00–220.001,2292
Heifers550–600Medium and Large 1571248.69/cwt235.00–257.501,4206
Heifers600–650Medium and Large 2607208.38/cwt200.00–215.001,2653
Heifers600–650Medium and Large 1617236.69/cwt230.00–240.001,4606
Heifers600–650Medium and Large 1Replacement618285.86/cwt272.50–300.001,7672
Heifers650–700Medium and Large 1Replacement650325.00/cwt325.00–325.002,1131
Heifers650–700Medium and Large 1675220.00/cwt220.00–220.001,4851
Heifers700–750Medium and Large 1714220.52/cwt217.50–230.001,5756
Feeder Cattle · Bulls6 lots · lightest first
Bulls450–500Medium and Large 1479278.58/cwt267.50–287.501,3348
Bulls500–550Medium and Large 1531256.75/cwt252.50–265.001,3634
Bulls550–600Medium and Large 1576257.17/cwt250.00–270.001,4817
Bulls600–650Medium and Large 1607248.32/cwt240.00–255.001,5073
Bulls700–750Medium and Large 1730235.00/cwt235.00–235.001,7161
Bulls750–800Medium and Large 1775200.00/cwt200.00–200.001,5501
Slaughter Cattle · Bulls2 lots · lightest first
Bulls——1,370115.96/cwt112.00–120.001,5892
Bulls——1,670142.70/cwt135.00–153.002,3837
Slaughter Cattle · Cows5 lots · lightest first
Cows—Lean 85-90%1,001110.29/cwt103.00–115.001,1048
Cows—Boner 80-85%1,071115.33/cwt110.00–118.001,23513
Cows—Boner 80-85%1,254128.87/cwt122.00–138.001,61640
Cows—Boner 80-85%1,281142.13/cwt141.00–145.001,8215
Cows—Breaker 75-80%1,361123.94/cwt121.00–127.001,6874
Replacement Cattle · Bred Cows3 lots · lightest first
Bred Cows—Medium and Large 1-29721,500.00/head1,500.00–1,500.001,5001
Bred Cows—Medium and Large 1-21,0701,686.27/head1,675.00–1,700.001,6862
Bred Cows—Medium and Large 1-21,2301,725.00/head1,725.00–1,725.001,7251
Replacement Cattle · Cow-Calf Pairs1 lot · lightest first
Cow-Calf Pairs—Medium and Large 1-21,1052,125.00/head2,125.00–2,125.002,1251

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.