Sale reports / Arkansas / Hope Livestock Auction Inc. / 2024-07-11

Hope Livestock Auction Inc.

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Hope, Arkansas · Thu, Jul 11
● Final57 lots reportedUSDA AMS · slug 2058
Feeder Cattle receipts
609 head
▲ 118 vs last sale 491▼ 103 vs year ago 712 · −14.5%
Slaughter Cattle receipts
144 head
▲ 51 vs last sale 93▼ 10 vs year ago 154 · −6.5%
Replacement Cattle receipts
10 head
▲ 0 vs last sale 10▼ 5 vs year ago 15 · −33.3%
View

Reporter comment USDA

As filed

No trend due to no sale last week. Quality was average to plain. Slaughter cattle are still in high demand . All classes of feeder cattle had a strong market. Next Thursday will be the third Thursday stock cow special.

Sold a load on video, to view results click this link ( https://www.ams.usda.gov/mnreports/ams_3628.pdf ).

Weight classPick one — the panels below update

Steers · summary 500–600 lb

Weighted average of every reported lot
500–600 lb steers averaged $271.93/cwt on 39 head. That ranks 1 of 30 comparable sales and sits −111.18 against this barn's trailing median of $383.11.
Average price
$271.93
39 head · 538 lb average
Value per head Derived
$1,464
Price × average weight ÷ 100
Grade differential Derived
$232
per head · Medium and Large 1 over Medium and Large 2
$32.72/cwt at this weight
vs the market
−20.19
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 1545281.161,53128
Medium and Large 2523248.431,29911thin
One grade step is worth $32.72/cwt here — about $232 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 sale39 hd
271.93
—
AR average11 barns · 513 hd
292.11
−20.19
National average160 barns · 9,699 hd
302.91
−30.98
This barn, trailing median30 sales
383.11
−111.18
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—High1,646141.062,32214
CowsBreaker 75-80%Average1,459139.342,0333thin
CowsBoner 80-85%Average1,163136.021,58238
CowsLean 85-90%Average974123.361,20212

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
Cow-Calf PairsOpenYoung (2-4 yrs)1,385$2,8001thin

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 · Steers19 lots · lightest first
Steers300–350Medium and Large 1Fancy305380.00/cwt380.00–380.001,1591
Steers300–350Medium and Large 1330329.95/cwt325.00–340.001,0895
Steers300–350Medium and Large 2333293.18/cwt275.00–300.009768
Steers350–400Medium and Large 1363326.03/cwt310.00–340.001,1836
Steers350–400Medium and Large 2376284.33/cwt275.00–300.001,0698
Steers400–450Medium and Large 1413302.08/cwt285.00–315.001,24816
Steers400–450Medium and Large 2438270.00/cwt270.00–270.001,1832
Steers450–500Medium and Large 2468260.75/cwt255.00–270.001,2208
Steers450–500Medium and Large 1471294.72/cwt282.50–307.501,38815
Steers500–550Medium and Large 2513249.76/cwt237.00–255.001,2819
Steers500–550Medium and Large 1Value Added520292.50/cwt292.50–292.501,5211
Steers500–550Medium and Large 1524282.38/cwt275.00–290.001,48015
Steers550–600Medium and Large 2568242.47/cwt235.00–250.001,3772
Steers550–600Medium and Large 1571276.06/cwt265.00–287.501,57611
Steers550–600Medium and Large 1Value Added585307.50/cwt307.50–307.501,7991
Steers600–650Medium and Large 1621260.01/cwt250.00–275.001,61513
Steers650–700Medium and Large 1669249.92/cwt240.00–269.001,6727
Steers700–750Medium and Large 1715246.67/cwt237.00–257.001,7647
Steers750–800Medium and Large 1765237.00/cwt237.00–237.001,8131
Feeder Cattle · Heifers21 lots · lightest first
Heifers300–350Medium and Large 2315270.00/cwt270.00–270.008512
Heifers300–350Medium and Large 1321301.75/cwt290.00–315.0096911
Heifers350–400Medium and Large 1374290.17/cwt280.00–305.001,0858
Heifers350–400Medium and Large 2388268.30/cwt267.50–270.001,0413
Heifers400–450Medium and Large 1Value Added405290.00/cwt290.00–290.001,1752
Heifers400–450Medium and Large 1417280.01/cwt270.00–300.001,16811
Heifers400–450Medium and Large 2437249.43/cwt242.50–270.001,0905
Heifers450–500Medium and Large 1Value Added452285.82/cwt282.50–287.501,2923
Heifers450–500Medium and Large 2466244.14/cwt230.00–250.001,1385
Heifers450–500Medium and Large 1476269.05/cwt260.00–282.501,28113
Heifers500–550Medium and Large 1Fancy515270.00/cwt270.00–270.001,3911
Heifers500–550Medium and Large 1521257.44/cwt245.00–267.001,34112
Heifers500–550Medium and Large 1Fleshy535235.00/cwt235.00–235.001,2572
Heifers550–600Medium and Large 2565230.09/cwt225.00–235.001,3002
Heifers550–600Medium and Large 1575248.66/cwt240.00–257.001,43012
Heifers550–600Medium and Large 1Fleshy590230.00/cwt230.00–230.001,3571
Heifers600–650Medium and Large 1620234.65/cwt228.00–247.001,45520
Heifers650–700Medium and Large 1668228.22/cwt225.00–230.001,5255
Heifers700–750Medium and Large 1718222.48/cwt220.00–227.001,5974
Heifers750–800Medium and Large 1755216.68/cwt212.00–220.001,6363
Heifers800–850Medium and Large 1820210.00/cwt210.00–210.001,7221
Feeder Cattle · Bulls6 lots · lightest first
Bulls450–500Medium and Large 1475277.14/cwt277.00–278.001,3167
Bulls500–550Medium and Large 1532266.65/cwt265.00–270.001,4196
Bulls550–600Medium and Large 1578252.35/cwt240.00–260.001,45911
Bulls600–650Medium and Large 1607231.99/cwt230.00–235.001,4083
Bulls650–700Medium and Large 1657232.67/cwt225.00–240.001,5293
Bulls700–750Medium and Large 1725215.00/cwt215.00–215.001,5591
Slaughter Cattle · Bulls3 lots · lightest first
Bulls——1,498126.02/cwt125.00–128.001,8883
Bulls——1,680143.48/cwt135.00–150.002,41010
Bulls——1,755162.00/cwt162.00–162.002,8431
Slaughter Cattle · Cows7 lots · lightest first
Cows—Lean 85-90%972121.85/cwt114.00–128.001,18410
Cows—Lean 85-90%985130.93/cwt130.00–132.001,2902
Cows—Boner 80-85%1,069125.24/cwt120.00–129.001,3397
Cows—Boner 80-85%1,184138.03/cwt133.00–145.001,63429
Cows—Boner 80-85%1,195144.56/cwt144.00–145.001,7272
Cows—Breaker 75-80%1,408136.51/cwt135.00–138.001,9222
Cows—Breaker 75-80%1,560145.00/cwt145.00–145.002,2621
Replacement Cattle · Cow-Calf Pairs1 lot · lightest first
Cow-Calf Pairs—Medium and Large 1-21,3852,800.00/head2,800.00–2,800.002,8001

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.