Sale reports / Arkansas / Hope Livestock Auction Inc. / 2024-07-18

Hope Livestock Auction Inc.

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Hope, Arkansas · Thu, Jul 18
● Final52 lots reportedUSDA AMS · slug 2058
Feeder Cattle receipts
387 head
▼ 222 vs last sale 609▼ 228 vs year ago 615 · −37.1%
Slaughter Cattle receipts
159 head
▲ 15 vs last sale 144▼ 161 vs year ago 320 · −50.3%
Replacement Cattle receipts
20 head
▲ 10 vs last sale 10▼ 55 vs year ago 75 · −73.3%
View

Reporter comment USDA

As filed

Compared to last week: Feeder steers under 450 lbs. 7.00-10.00 higher; over 450 lbs. unevenly steady. Feeder heifers under 500 lbs. 4.00-8.00 higher; over 500 lbs. 1.00-5.00 lower. Slaughter cows 4.00-7.00 lower. Slaughter bulls 1.00-3.00 higher. Quality was average. The slaughter cow market didn't have as much steam as last week. Lightweight calves were still in high demand.

Weight classPick one — the panels below update

Steers · summary 500–600 lb

Weighted average of every reported lot
500–600 lb steers averaged $268.44/cwt on 24 head. That ranks 1 of 30 comparable sales and sits −114.67 against this barn's trailing median of $383.11.
Average price
$268.44
24 head · 549 lb average
Value per head Derived
$1,475
Price × average weight ÷ 100
Grade differential Derived
$278
per head · Medium and Large 1 over Medium and Large 2
$39.41/cwt at this weight
vs the market
−16.08
vs AR average
−22.65 vs national

Price by quality 500–600 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1556278.291,54618thin
Medium and Large 2531238.881,2686thin
One grade step is worth $39.41/cwt here — about $278 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 sale24 hd
268.44
—
AR average9 barns · 252 hd
284.51
−16.08
National average156 barns · 5,844 hd
291.09
−22.65
This barn, trailing median30 sales
383.11
−114.67
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—Average1,654144.262,3869thin
CowsBreaker 75-80%Average1,535129.531,9882thin
CowsBoner 80-85%High1,201128.941,54958
CowsLean 85-90%Average983117.351,15415

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 Cows1st Stage (1-3 mo)Young (2-4 yrs)1,055$2,0001thin
Bred Cows2nd Stage (4-6 mo)Middle Aged (5-8 yrs)1,227$1,8158
Cow-Calf PairsOpenYoung (2-4 yrs)1,385$2,6501thin
Cow-Calf PairsOpenAged (>8 yrs)1,358$2,0252thin

Every lot

52 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 2315299.40/cwt290.00–305.009434
Steers300–350Medium and Large 1322339.32/cwt325.00–370.001,0939
Steers300–350Medium and Large 1Fancy325380.00/cwt380.00–380.001,2351
Steers350–400Medium and Large 1Fancy365370.00/cwt370.00–370.001,3511
Steers350–400Medium and Large 1368336.05/cwt320.00–365.001,23713
Steers350–400Medium and Large 2376287.48/cwt280.00–302.001,0816
Steers400–450Medium and Large 1414317.92/cwt295.00–340.001,31614
Steers400–450Medium and Large 2420267.38/cwt265.00–270.001,1234
Steers450–500Medium and Large 2468266.68/cwt259.00–270.001,2487
Steers450–500Medium and Large 1481287.14/cwt285.00–290.001,3816
Steers500–550Medium and Large 2522240.66/cwt225.00–250.001,2565
Steers500–550Medium and Large 1529279.39/cwt275.00–285.001,4788
Steers550–600Medium and Large 2575230.00/cwt230.00–230.001,3231
Steers550–600Medium and Large 1577277.41/cwt265.00–285.001,60110
Steers600–650Medium and Large 1610261.13/cwt245.00–270.001,59310
Steers650–700Medium and Large 1679248.14/cwt240.00–257.001,6857
Steers700–750Medium and Large 1713245.07/cwt241.00–249.001,7472
Steers800–850Medium and Large 1808226.93/cwt220.00–234.001,8342
Steers850–900Medium and Large 1870218.00/cwt218.00–218.001,8971
Feeder Cattle · Heifers15 lots · lightest first
Heifers300–350Medium and Large 1311303.04/cwt298.00–311.009429
Heifers300–350Medium and Large 2326256.28/cwt255.00–260.008354
Heifers350–400Medium and Large 2374260.61/cwt255.00–270.009755
Heifers350–400Medium and Large 1376298.68/cwt290.00–310.001,12313
Heifers400–450Medium and Large 1422280.14/cwt270.00–293.001,1828
Heifers400–450Medium and Large 2424243.77/cwt240.00–250.001,0345
Heifers450–500Medium and Large 1466273.44/cwt265.00–282.501,27412
Heifers450–500Medium and Large 2468242.22/cwt235.00–250.001,1346
Heifers500–550Medium and Large 1Fleshy500240.00/cwt240.00–240.001,2001
Heifers500–550Medium and Large 1516255.35/cwt245.00–269.001,3187
Heifers500–550Medium and Large 2523223.06/cwt220.00–228.001,1675
Heifers550–600Medium and Large 1564246.94/cwt240.00–260.001,3934
Heifers550–600Medium and Large 1Fleshy595225.00/cwt225.00–225.001,3391
Heifers600–650Medium and Large 1620234.42/cwt232.00–237.001,4532
Heifers700–750Medium and Large 1720220.98/cwt220.00–223.001,5913
Feeder Cattle · Bulls6 lots · lightest first
Bulls450–500Medium and Large 1475270.00/cwt270.00–270.001,2834
Bulls500–550Medium and Large 1524261.26/cwt255.00–265.001,3694
Bulls550–600Medium and Large 1579249.93/cwt240.00–260.001,4475
Bulls600–650Medium and Large 1621233.57/cwt230.00–238.001,4506
Bulls650–700Medium and Large 1678232.44/cwt230.00–235.001,5762
Bulls700–750Medium and Large 1735227.00/cwt227.00–227.001,6681
Slaughter Cattle · Bulls2 lots · lightest first
Bulls——1,355125.00/cwt125.00–125.001,6941
Bulls——1,691146.67/cwt140.00–155.002,4808
Slaughter Cattle · Cows5 lots · lightest first
Cows—Lean 85-90%983117.35/cwt112.00–125.001,15415
Cows—Boner 80-85%1,070115.73/cwt110.00–120.001,23810
Cows—Boner 80-85%1,206130.38/cwt125.00–140.001,57243
Cows—Boner 80-85%1,422143.00/cwt140.00–146.002,0335
Cows—Breaker 75-80%1,535129.53/cwt128.00–131.001,9882
Replacement Cattle · Cow-Calf Pairs3 lots · lightest first
Cow-Calf Pairs—Medium and Large 1-21,2552,000.00/head2,000.00–2,000.002,0001
Cow-Calf Pairs—Medium and Large 1-21,3852,650.00/head2,650.00–2,650.002,6501
Cow-Calf Pairs—Medium and Large 1-21,4602,050.00/head2,050.00–2,050.002,0501
Replacement Cattle · Bred Cows2 lots · lightest first
Bred Cows—Medium and Large 1-21,0552,000.00/head2,000.00–2,000.002,0001
Bred Cows—Medium and Large 1-21,2271,814.68/head1,700.00–2,125.001,8158

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.