Sale reports / Arkansas / Hope Livestock Auction Inc. / 2024-06-06

Hope Livestock Auction Inc.

Feeder Cattle · Slaughter Cattle · Hope, Arkansas · Thu, Jun 6
● Final50 lots reportedUSDA AMS · slug 2058
Feeder Cattle receipts
390 head
▲ 4 vs last sale 386▼ 224 vs year ago 614 · −36.5%
Slaughter Cattle receipts
81 head
▼ 76 vs last sale 157▼ 96 vs year ago 177 · −54.2%
View

Reporter comment USDA

As filed

Compared to last week: Feeder steers unevenly steady. Feeder heifers 2.00-7.00 higher. Slaughter cows 2.00-5.00 lower. Slaughter bulls no trend on light test. Quality was average.

Weight classPick one — the panels below update

Steers · summary 500–600 lb

Weighted average of every reported lot
500–600 lb steers averaged $281.60/cwt on 43 head. That ranks 1 of 30 comparable sales and sits −101.51 against this barn's trailing median of $383.11.
Average price
$281.60
43 head · 550 lb average
Value per head Derived
$1,548
Price × average weight ÷ 100
Grade differential Derived
$305
per head · Medium and Large 1 over Medium and Large 2
$38.54/cwt at this weight
vs the market
−4.00
vs AR average
−27.56 vs national

Price by quality 500–600 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1555286.981,59237
Medium and Large 2518248.441,2876thin
One grade step is worth $38.54/cwt here — about $305 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 sale43 hd
281.60
—
AR average10 barns · 533 hd
285.60
−4.00
National average164 barns · 13,053 hd
309.16
−27.56
This barn, trailing median30 sales
383.11
−101.51
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—Low1,564122.341,9133thin
CowsBreaker 75-80%Average1,670124.002,0711thin
CowsBoner 80-85%Average1,245122.631,52724
CowsLean 85-90%Average955108.991,04113

Every lot

50 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 · Steers17 lots · lightest first
Steers300–350Medium and Large 2325290.00/cwt290.00–290.009431
Steers300–350Medium and Large 1337361.96/cwt350.00–375.001,2205
Steers350–400Medium and Large 1376348.66/cwt325.00–375.001,31110
Steers350–400Medium and Large 2388288.39/cwt285.00–295.001,1193
Steers400–450Medium and Large 1426317.93/cwt295.00–350.001,35414
Steers450–500Medium and Large 2460268.00/cwt268.00–268.001,2331
Steers450–500Medium and Large 1473301.77/cwt280.00–317.501,4278
Steers500–550Medium and Large 2518248.44/cwt235.00–255.001,2876
Steers500–550Medium and Large 1521291.07/cwt285.00–307.501,51611
Steers550–600Medium and Large 1569285.25/cwt270.00–305.001,62326
Steers600–650Medium and Large 1614276.56/cwt267.00–295.001,69811
Steers600–650Medium and Large 1Value Added615282.50/cwt282.50–282.501,7373
Steers650–700Medium and Large 1Value Added670275.00/cwt275.00–275.001,8433
Steers650–700Medium and Large 1672257.94/cwt245.00–275.001,73319
Steers700–750Medium and Large 1707253.69/cwt243.00–262.001,7943
Steers750–800Medium and Large 1763243.34/cwt240.00–250.001,8573
Steers800–850Medium and Large 1800227.50/cwt227.50–227.501,8201
Feeder Cattle · Heifers19 lots · lightest first
Heifers300–350Medium and Large 1310317.50/cwt317.50–317.509841
Heifers300–350Medium and Large 2313263.97/cwt260.00–268.008262
Heifers350–400Medium and Large 2370255.07/cwt250.00–260.009444
Heifers350–400Medium and Large 1381301.36/cwt285.00–317.501,1489
Heifers400–450Medium and Large 1421290.25/cwt265.00–310.001,22211
Heifers400–450Medium and Large 2423249.45/cwt245.00–255.001,0553
Heifers450–500Medium and Large 2466240.55/cwt235.00–245.001,1218
Heifers450–500Medium and Large 1473281.41/cwt265.00–295.001,3317
Heifers500–550Medium and Large 1Fleshy500240.00/cwt240.00–240.001,2001
Heifers500–550Medium and Large 1531262.09/cwt255.00–272.501,3927
Heifers500–550Medium and Large 2535226.64/cwt225.00–230.001,2133
Heifers550–600Medium and Large 1Value Added570270.00/cwt270.00–270.001,5392
Heifers550–600Medium and Large 1579246.69/cwt243.00–270.001,42816
Heifers550–600Medium and Large 1Replacement595295.00/cwt295.00–295.001,7551
Heifers600–650Medium and Large 1618240.76/cwt233.00–255.001,4884
Heifers650–700Medium and Large 1Value Added670242.50/cwt242.50–242.501,6252
Heifers650–700Medium and Large 1675232.38/cwt220.00–247.501,5693
Heifers700–750Medium and Large 1Replacement700277.50/cwt277.50–277.501,9431
Heifers700–750Medium and Large 1713228.14/cwt218.00–232.001,6276
Feeder Cattle · Bulls6 lots · lightest first
Bulls450–500Medium and Large 1485285.00/cwt285.00–285.001,3823
Bulls500–550Medium and Large 1511271.11/cwt260.00–275.001,3854
Bulls550–600Medium and Large 1573256.13/cwt250.00–262.001,4684
Bulls600–650Medium and Large 1623228.19/cwt220.00–237.001,4222
Bulls650–700Medium and Large 1667239.06/cwt235.00–245.001,5953
Bulls700–750Medium and Large 1723230.02/cwt225.00–235.001,6632
Slaughter Cattle · Bulls2 lots · lightest first
Bulls——1,398116.01/cwt115.00–117.001,6222
Bulls——1,895135.00/cwt135.00–135.002,5581
Slaughter Cattle · Cows6 lots · lightest first
Cows—Lean 85-90%78580.00/cwt80.00–80.006281
Cows—Lean 85-90%964109.79/cwt105.00–116.001,05810
Cows—Lean 85-90%993119.48/cwt119.00–120.001,1862
Cows—Boner 80-85%1,054110.26/cwt110.00–111.001,1624
Cows—Boner 80-85%1,283125.11/cwt119.00–134.001,60520
Cows—Breaker 75-80%1,670124.00/cwt124.00–124.002,0711

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.