Sale reports / Arkansas / Hope Livestock Auction Inc. / 2024-06-13

Hope Livestock Auction Inc.

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Hope, Arkansas · Thu, Jun 13
● Final51 lots reportedUSDA AMS · slug 2058
Feeder Cattle receipts
425 head
▲ 35 vs last sale 390▼ 461 vs year ago 886 · −52.0%
Slaughter Cattle receipts
106 head
▲ 25 vs last sale 81▼ 254 vs year ago 360 · −70.6%
Replacement Cattle receipts
10 head
▲ 10 vs last sale 0▼ 150 vs year ago 160 · −93.8%
View

Reporter comment USDA

As filed

Compared to last week: Feeder steers under 500 lbs. 2.00-12.00 lower; over 500 lbs. 2.00-8.00 higher. Feeder heifers 3.00-12.00 lower. Slaughter cows 3.00-6.00 higher. Slaughter bulls 2.00-4.00 higher. Quality was average to plain. Sold two loads on video, to view results click this link (https://www.ams.usda.gov/mnreports/ams_3628.pdf). Next Thursday will be the third Thursday stock cow special. Over 200 stock cows already consigned.

Weight classPick one — the panels below update

Steers · summary 500–600 lb

Weighted average of every reported lot
500–600 lb steers averaged $289.97/cwt on 19 head. That ranks 1 of 30 comparable sales and sits −93.14 against this barn's trailing median of $383.11.
Average price
$289.97
19 head · 545 lb average
Value per head Derived
$1,579
Price × average weight ÷ 100
Grade differential Derived
$322
per head · Medium and Large 1 over Medium and Large 2
$36.91/cwt at this weight
vs the market
+4.82
vs AR average
−9.45 vs national

Price by quality 500–600 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1547291.911,59718thin
Medium and Large 2500255.001,2751thin
One grade step is worth $36.91/cwt here — about $322 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
289.97
—
AR average8 barns · 283 hd
285.15
+4.82
National average149 barns · 7,793 hd
299.42
−9.45
This barn, trailing median30 sales
383.11
−93.14
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—High1,601136.932,19215
CowsBreaker 75-80%High1,710141.002,4111thin
CowsBoner 80-85%Average1,253134.951,69134
CowsLean 85-90%Low885100.4088912

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)970$1,8751thin
Cow-Calf PairsOpenYoung (2-4 yrs)1,050$2,0001thin

Every lot

51 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 · Steers18 lots · lightest first
Steers300–350Medium and Large 2323286.56/cwt275.00–295.009265
Steers300–350Medium and Large 1329334.22/cwt325.00–342.501,1005
Steers350–400Medium and Large 1379333.21/cwt320.00–355.001,2634
Steers350–400Medium and Large 2390277.40/cwt270.00–285.001,0824
Steers400–450Medium and Large 1417316.22/cwt300.00–342.501,31915
Steers400–450Medium and Large 2418267.46/cwt265.00–270.001,1182
Steers450–500Medium and Large 1478291.09/cwt282.50–332.501,3918
Steers450–500Medium and Large 2483258.98/cwt255.00–262.001,2513
Steers500–550Medium and Large 2500255.00/cwt255.00–255.001,2751
Steers500–550Medium and Large 1524292.60/cwt275.00–310.001,5339
Steers550–600Medium and Large 1567293.06/cwt285.00–307.501,6626
Steers550–600Medium and Large 1Value Added575303.80/cwt297.50–310.001,7472
Steers550–600Medium and Large 1Fleshy580255.00/cwt255.00–255.001,4791
Steers600–650Medium and Large 1615263.66/cwt260.00–275.001,6224
Steers650–700Medium and Large 1Value Added665277.50/cwt277.50–277.501,8451
Steers650–700Medium and Large 1685275.00/cwt275.00–275.001,8843
Steers700–750Medium and Large 1720265.00/cwt265.00–265.001,9081
Steers750–800Medium and Large 1763233.30/cwt230.00–237.501,7803
Feeder Cattle · Heifers15 lots · lightest first
Heifers300–350Medium and Large 1322287.80/cwt275.00–300.009276
Heifers350–400Medium and Large 1365288.99/cwt270.00–302.501,0555
Heifers350–400Medium and Large 2380244.82/cwt240.00–252.009305
Heifers400–450Medium and Large 2425239.84/cwt237.00–245.001,0193
Heifers400–450Medium and Large 1427276.49/cwt268.00–285.001,1815
Heifers400–450Medium and Large 1Fancy428302.49/cwt300.00–305.001,2952
Heifers450–500Medium and Large 1469269.45/cwt265.00–277.501,2645
Heifers450–500Medium and Large 2480234.55/cwt225.00–240.001,1265
Heifers500–550Medium and Large 1521249.98/cwt245.00–260.001,30210
Heifers500–550Medium and Large 2523226.88/cwt220.00–230.001,1874
Heifers550–600Medium and Large 2560220.00/cwt220.00–220.001,2321
Heifers550–600Medium and Large 1571249.76/cwt240.00–262.501,4267
Heifers600–650Medium and Large 1619230.65/cwt225.00–235.001,4286
Heifers600–650Medium and Large 1Value Added625235.00/cwt235.00–235.001,4693
Heifers650–700Medium and Large 1681230.01/cwt225.00–235.001,5664
Feeder Cattle · Bulls6 lots · lightest first
Bulls450–500Medium and Large 1475270.00/cwt270.00–270.001,2832
Bulls500–550Medium and Large 1515260.00/cwt260.00–260.001,3392
Bulls550–600Medium and Large 1569256.74/cwt252.00–260.001,4614
Bulls600–650Medium and Large 1625250.00/cwt250.00–250.001,5631
Bulls650–700Medium and Large 1660234.92/cwt230.00–240.001,5502
Bulls750–800Medium and Large 1780222.50/cwt222.50–222.501,7361
Slaughter Cattle · Bulls3 lots · lightest first
Bulls——1,355117.68/cwt115.00–120.001,5953
Bulls——1,632139.70/cwt128.00–150.002,28010
Bulls——1,813151.96/cwt151.00–153.002,7552
Slaughter Cattle · Cows6 lots · lightest first
Cows—Lean 85-90%74380.69/cwt75.00–88.006004
Cows—Lean 85-90%956110.26/cwt104.00–117.001,0548
Cows—Boner 80-85%1,048115.01/cwt108.00–118.001,2054
Cows—Boner 80-85%1,213132.47/cwt125.00–140.001,60718
Cows—Boner 80-85%1,381145.32/cwt141.00–151.002,00712
Cows—Breaker 75-80%1,710141.00/cwt141.00–141.002,4111
Replacement Cattle · Cow-Calf Pairs1 lot · lightest first
Cow-Calf Pairs—Medium and Large 1-21,0502,000.00/head2,000.00–2,000.002,0001
Replacement Cattle · Bred Cows1 lot · lightest first
Bred Cows—Medium and Large 1-29701,875.00/head1,875.00–1,875.001,8751
Replacement Cattle · Stock Cows1 lot · lightest first
Stock Cows—Medium and Large 1-2820145.00/cwt145.00–145.001,1891

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.