Sale reports / Arkansas / Hope Livestock Auction Inc. / 2024-06-27

Hope Livestock Auction Inc.

Name: Hope Livestock Auction Inc. livestock auction prices — 2024-06-27
Creator: RaisedBeef
Published: 2024-06-27

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Hope, Arkansas · Thu, Jun 27

● Final55 lots reportedUSDA AMS · slug 2058

← Jun 20Jun 27Jul 11 →

Feeder Cattle receipts

491 head

▼ 58 vs last sale 549▲ 121 vs year ago 370 · +32.7%

Slaughter Cattle receipts

93 head

▼ 98 vs last sale 191▼ 32 vs year ago 125 · −25.6%

Replacement Cattle receipts

10 head

▼ 80 vs last sale 90▼ 10 vs year ago 20 · −50.0%

View

Reporter comment USDA

As filed

Compared to last week: Feeder steers 1.00-7.00 lower except 450lb.-600lb. being 2.00-4.00 higher. Feeder heifers 1.00-5.00 higher. Slaughter cows 2.00-4.00 higher. Slaughter bulls steady to 2.00 lower. Quality was average. There will be no sale next week due to July 4th holiday.

Weight class — the figures below change to match

Weight classPick one — the panels below update

Heifers · summary 500–600 lb

Weighted average of every reported lot

500–600 lb heifers averaged $252.17/cwt on 27 head. That ranks 1 of 31 comparable sales and sits −117.34 against this barn's trailing median of $369.51.

Average price

$252.17

27 head · 554 lb average

Value per head Derived

$1,398

Price × average weight ÷ 100

Grade differential Derived

$182

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

$28.96/cwt at this weight

vs the market

−2.28

vs AR average

−17.11 vs national

Price by quality 500–600 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1	556	256.46	1,425	23
Medium and Large 2	547	227.50	1,243	4thin

One grade step is worth $28.96/cwt here — about $182 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 sale27 hd

252.17

—

AR average10 barns · 409 hd

254.45

−2.28

National average153 barns · 8,958 hd

269.28

−17.11

This barn, trailing median31 sales

369.51

−117.34

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

31 sales

Heifers 500–600 lb: high $432.07, low $320.69, median $369.51 across 31 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	—	Low	1,617	141.19	2,284	5thin
Cows	Boner 80-85%	Low	1,216	134.53	1,636	31
Cows	Breaker 75-80%	Average	1,548	133.49	2,066	2thin
Cows	Lean 85-90%	Average	979	115.36	1,129	10

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)	Young (2-4 yrs)	1,195	$2,050	1thin
Bred Cows	2nd Stage (4-6 mo)	Middle Aged (5-8 yrs)	1,255	$1,800	1thin
Bred Heifers	2nd Stage (4-6 mo)	Young (2-4 yrs)	900	$1,850	1thin
Cow-Calf Pairs	Open	Middle Aged (5-8 yrs)	1,455	$2,550	1thin

Every lot

55 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 · Steers20 lots · lightest first
Steers	300–350	Medium and Large 1	324	337.75/cwt	325.00–365.00	1,094	11
Steers	300–350	Medium and Large 2	328	291.30/cwt	290.00–292.00	955	3
Steers	350–400	Medium and Large 1	376	336.12/cwt	312.00–350.00	1,264	6
Steers	350–400	Medium and Large 2	385	270.00/cwt	270.00–270.00	1,040	2
Steers	400–450	Medium and Large 2	420	266.09/cwt	260.00–270.00	1,118	6
Steers	400–450	Medium and Large 1	423	300.98/cwt	280.00–330.00	1,273	12
Steers	400–450	Medium and Large 1Fancy	445	335.00/cwt	335.00–335.00	1,491	1
Steers	450–500	Medium and Large 2	464	263.40/cwt	260.00–267.00	1,222	4
Steers	450–500	Medium and Large 1	468	297.30/cwt	285.00–322.50	1,391	10
Steers	450–500	Medium and Large 1Value Added	485	306.00/cwt	306.00–306.00	1,484	16
Steers	500–550	Medium and Large 2	517	255.87/cwt	250.00–260.00	1,323	7
Steers	500–550	Medium and Large 1	523	286.68/cwt	280.00–300.00	1,499	4
Steers	500–550	Medium and Large 1Value Added	525	300.00/cwt	300.00–300.00	1,575	1
Steers	550–600	Medium and Large 2	570	240.00/cwt	240.00–240.00	1,368	1
Steers	550–600	Medium and Large 1	571	286.05/cwt	275.00–297.50	1,633	6
Steers	550–600	Medium and Large 1Value Added	595	292.50/cwt	292.50–292.50	1,740	1
Steers	600–650	Medium and Large 1	612	273.33/cwt	260.00–285.00	1,673	8
Steers	650–700	Medium and Large 1	678	262.49/cwt	250.00–273.00	1,780	3
Steers	700–750	Medium and Large 1	720	243.00/cwt	243.00–243.00	1,750	1
Steers	750–800	Medium and Large 1	755	230.00/cwt	230.00–230.00	1,737	1
Feeder Cattle · Heifers18 lots · lightest first
Heifers	300–350	Medium and Large 1Value Added	320	317.50/cwt	317.50–317.50	1,016	1
Heifers	300–350	Medium and Large 1	321	302.93/cwt	285.00–317.50	972	10
Heifers	350–400	Medium and Large 1	368	293.49/cwt	277.50–310.00	1,080	10
Heifers	350–400	Medium and Large 2	378	249.34/cwt	242.00–260.00	943	8
Heifers	400–450	Medium and Large 1	422	276.20/cwt	265.00–290.00	1,166	12
Heifers	400–450	Medium and Large 2	429	244.13/cwt	240.00–255.00	1,047	6
Heifers	400–450	Medium and Large 1Value Added	440	292.00/cwt	292.00–292.00	1,285	2
Heifers	450–500	Medium and Large 2	460	241.54/cwt	238.00–245.00	1,111	4
Heifers	450–500	Medium and Large 1	468	269.42/cwt	255.00–285.00	1,261	9
Heifers	450–500	Medium and Large 1Value Added	485	275.94/cwt	275.00–291.00	1,338	17
Heifers	500–550	Medium and Large 1	519	257.88/cwt	245.00–265.00	1,338	4
Heifers	500–550	Medium and Large 2	528	230.00/cwt	230.00–230.00	1,214	2
Heifers	550–600	Medium and Large 1	561	249.51/cwt	237.50–263.00	1,400	8
Heifers	550–600	Medium and Large 1Value Added	565	261.00/cwt	261.00–261.00	1,475	11
Heifers	550–600	Medium and Large 2	565	225.00/cwt	225.00–225.00	1,271	2
Heifers	600–650	Medium and Large 1	622	241.58/cwt	230.00–257.50	1,503	6
Heifers	650–700	Medium and Large 1	660	237.50/cwt	237.50–237.50	1,568	1
Heifers	700–750	Medium and Large 1	705	221.86/cwt	218.00–225.00	1,564	3
Feeder Cattle · Bulls5 lots · lightest first
Bulls	450–500	Medium and Large 1	473	277.00/cwt	277.00–277.00	1,310	4
Bulls	500–550	Medium and Large 1	534	262.12/cwt	255.00–270.00	1,400	6
Bulls	550–600	Medium and Large 1	583	257.47/cwt	250.00–265.00	1,501	2
Bulls	650–700	Medium and Large 1	669	236.19/cwt	235.00–238.00	1,580	6
Bulls	700–750	Medium and Large 1	710	220.99/cwt	220.00–222.00	1,569	2
Slaughter Cattle · Bulls2 lots · lightest first
Bulls	—	—	1,455	120.00/cwt	120.00–120.00	1,746	1
Bulls	—	—	1,658	146.49/cwt	145.00–150.00	2,429	4
Slaughter Cattle · Cows6 lots · lightest first
Cows	—	Lean 85-90%	960	125.00/cwt	125.00–125.00	1,200	1
Cows	—	Lean 85-90%	981	114.29/cwt	110.00–120.00	1,121	9
Cows	—	Boner 80-85%	1,066	119.40/cwt	117.00–120.00	1,273	5
Cows	—	Boner 80-85%	1,223	145.62/cwt	144.00–148.00	1,781	3
Cows	—	Boner 80-85%	1,248	136.37/cwt	130.00–140.00	1,702	23
Cows	—	Breaker 75-80%	1,548	133.49/cwt	133.00–134.00	2,066	2
Replacement Cattle · Bred Cows2 lots · lightest first
Bred Cows	—	Medium and Large 1-2	1,195	2,050.00/head	2,050.00–2,050.00	2,050	1
Bred Cows	—	Medium and Large 1-2	1,255	1,800.00/head	1,800.00–1,800.00	1,800	1
Replacement Cattle · Bred Heifers1 lot · lightest first
Bred Heifers	—	Medium and Large 1-2	900	1,850.00/head	1,850.00–1,850.00	1,850	1
Replacement Cattle · Cow-Calf Pairs1 lot · lightest first
Cow-Calf Pairs	—	Medium and Large 1-2	1,455	2,550.00/head	2,550.00–2,550.00	2,550	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 Jun 27, 2024

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

Feeder CattleReceipts 491Last week 549Year ago 370

Slaughter CattleReceipts 93Last week 191Year ago 125

Replacement CattleReceipts 10Last week 90Year ago 20

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1$ per cwt · actual wt
11	300–350	324	325.00–365.00	337.75
6	350–400	376	312.00–350.00	336.12
12	400–450	423	280.00–330.00	300.98
10	450–500	468	285.00–322.50	297.30
4	500–550	523	280.00–300.00	286.68
6	550–600	571	275.00–297.50	286.05
8	600–650	612	260.00–285.00	273.33
3	650–700	678	250.00–273.00	262.49
1	700–750	720	243.00	243.00
1	750–800	755	230.00	230.00

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 2$ per cwt · actual wt
3	300–350	328	290.00–292.00	291.30
2	350–400	385	270.00	270.00
6	400–450	420	260.00–270.00	266.09
4	450–500	464	260.00–267.00	263.40
7	500–550	517	250.00–260.00	255.87
1	550–600	570	240.00	240.00

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1 · Fancy$ per cwt · actual wt
1	400–450	445	335.00	335.00

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1 · Value Added$ per cwt · actual wt
16	450–500	485	306.00	306.00
1	500–550	525	300.00	300.00
1	550–600	595	292.50	292.50

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 2$ per cwt · actual wt
8	350–400	378	242.00–260.00	249.34
6	400–450	429	240.00–255.00	244.13
4	450–500	460	238.00–245.00	241.54
2	500–550	528	230.00	230.00
2	550–600	565	225.00	225.00

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1$ per cwt · actual wt
10	300–350	321	285.00–317.50	302.93
10	350–400	368	277.50–310.00	293.49
12	400–450	422	265.00–290.00	276.20
9	450–500	468	255.00–285.00	269.42
4	500–550	519	245.00–265.00	257.88
8	550–600	561	237.50–263.00	249.51
6	600–650	622	230.00–257.50	241.58
1	650–700	660	237.50	237.50
3	700–750	705	218.00–225.00	221.86

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1 · Value Added$ per cwt · actual wt
1	300–350	320	317.50	317.50
2	400–450	440	292.00	292.00
17	450–500	485	275.00–291.00	275.94
11	550–600	565	261.00	261.00

Head	Wt range	Avg wt	Price range	Avg price
Bulls — Medium and Large 1$ per cwt · actual wt
4	450–500	473	277.00	277.00
6	500–550	534	255.00–270.00	262.12
2	550–600	583	250.00–265.00	257.47
6	650–700	669	235.00–238.00	236.19
2	700–750	710	220.00–222.00	220.99

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)	2nd Stage (4-6 mo)	1	—	1,255	1,800.00	1,800.00
Young (2-4 yrs)	3rd Stage (7-9 mo)	1	—	1,195	2,050.00	2,050.00

Age	Stage	Head	Wt range	Avg wt	Price range	Avg price
Bred Heifers — Medium and Large 1-2$ per head · actual wt
Young (2-4 yrs)	2nd Stage (4-6 mo)	1	—	900	1,850.00	1,850.00

Age	Stage	Head	Wt range	Avg wt	Price range	Avg price
Cow-Calf Pairs — Medium and Large 1-2$ per head · actual wt
Middle Aged (5-8 yrs)	Open	1	—	1,455	2,550.00	2,550.00

Slaughter Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Cows — Breaker 75-80%$ per cwt · actual wt
2	—	1,548	133.00–134.00	133.49

Head	Wt range	Avg wt	Price range	Avg price
Cows — Boner 80-85%$ per cwt · actual wt
5	—	1,066	117.00–120.00	119.40
23	—	1,248	130.00–140.00	136.37
3	—	1,223	144.00–148.00	145.62

Head	Wt range	Avg wt	Price range	Avg price
Cows — Lean 85-90%$ per cwt · actual wt
9	—	981	110.00–120.00	114.29
1	—	960	125.00	125.00

Head	Wt range	Avg wt	Price range	Avg price
Bulls$ per cwt · actual wt
1	—	1,455	120.00	120.00
4	—	1,658	145.00–150.00	146.49

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.