Sale reports / Arkansas / Hope Livestock Auction Inc. / 2024-08-01

Hope Livestock Auction Inc.

Name: Hope Livestock Auction Inc. livestock auction prices — 2024-08-01
Creator: RaisedBeef
Published: 2024-08-01

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Hope, Arkansas · Thu, Aug 1

● Final42 lots reportedUSDA AMS · slug 2058

← Jul 25Aug 1Aug 8 →

Feeder Cattle receipts

468 head

▼ 124 vs last sale 592▲ 40 vs year ago 428 · +9.3%

Slaughter Cattle receipts

53 head

▼ 52 vs last sale 105▼ 63 vs year ago 116 · −54.3%

Replacement Cattle receipts

5 head

▼ 5 vs last sale 10▼ 5 vs year ago 10 · −50.0%

View

Reporter comment USDA

As filed

Compared to last week: Feeder steers under 500lbs. 8.00-12.00 lower; over 500lbs. 3.00-5.00 higher. Feeder heifers under 600lbs. 2.00-7.00 lower; over 600lbs. 2.00-5.00 higher. Slaughter cows 1.00-4.00 lower. Slaughter bulls 2.00-3.00 lower. Quality was average. Market had a softer tone, especially on the lighter weight cattle. Slaughter cattle were also a little softer.

Weight class — the figures below change to match

Weight classPick one — the panels below update

Steers · summary 500–600 lb

Weighted average of every reported lot

500–600 lb steers averaged $274.87/cwt on 42 head. That ranks 1 of 30 comparable sales and sits −108.24 against this barn's trailing median of $383.11.

Average price

$274.87

42 head · 545 lb average

Value per head Derived

$1,497

Price × average weight ÷ 100

Grade differential Derived

$227

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

$32.17/cwt at this weight

vs the market

−8.69

vs AR average

−12.92 vs national

Price by quality 500–600 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1	546	277.17	1,514	39
Medium and Large 2	525	245.00	1,286	3thin

One grade step is worth $32.17/cwt here — about $227 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 sale42 hd

274.87

—

AR average9 barns · 169 hd

283.56

−8.69

National average138 barns · 5,135 hd

287.79

−12.92

This barn, trailing median30 sales

383.11

−108.24

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

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.

Class	Grade	Dressing	Avg wt	$/cwt	$/head	Head
Bulls	—	Low	1,761	152.32	2,682	7thin
Cows	Boner 80-85%	Low	1,234	136.21	1,681	17
Cows	Lean 85-90%	Low	953	114.88	1,095	7thin

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	2nd Stage (4-6 mo)	Middle Aged (5-8 yrs)	1,050	$1,750	1thin
Cow-Calf Pairs	Open	Aged (>8 yrs)	1,113	$2,100	2thin

Every lot

42 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 · Steers16 lots · lightest first
Steers	300–350	Medium and Large 1	320	349.09/cwt	340.00–360.00	1,117	5
Steers	300–350	Medium and Large 2	335	305.00/cwt	305.00–305.00	1,022	1
Steers	350–400	Medium and Large 2	363	289.93/cwt	280.00–300.00	1,052	2
Steers	350–400	Medium and Large 1	373	317.95/cwt	310.00–325.00	1,186	4
Steers	400–450	Medium and Large 1	419	307.09/cwt	295.00–325.00	1,287	20
Steers	400–450	Medium and Large 2	428	272.48/cwt	270.00–280.00	1,166	6
Steers	450–500	Medium and Large 1	475	291.57/cwt	280.00–310.00	1,385	23
Steers	450–500	Medium and Large 2	485	264.28/cwt	250.00–270.00	1,282	8
Steers	500–550	Medium and Large 1	516	283.64/cwt	275.00–309.00	1,464	16
Steers	500–550	Medium and Large 2	525	245.00/cwt	240.00–255.00	1,286	3
Steers	550–600	Medium and Large 1	567	272.67/cwt	265.00–285.00	1,546	23
Steers	600–650	Medium and Large 1	626	262.01/cwt	250.00–273.00	1,640	6
Steers	650–700	Medium and Large 1	678	246.00/cwt	243.00–249.00	1,668	5
Steers	700–750	Medium and Large 1	718	241.83/cwt	240.00–244.00	1,736	6
Steers	750–800	Medium and Large 1	763	239.00/cwt	238.00–240.00	1,824	2
Steers	800–850	Medium and Large 1	828	227.50/cwt	227.00–228.00	1,884	2
Feeder Cattle · Heifers13 lots · lightest first
Heifers	300–350	Medium and Large 2	303	271.59/cwt	265.00–275.00	823	3
Heifers	300–350	Medium and Large 1	334	315.71/cwt	300.00–335.00	1,054	7
Heifers	350–400	Medium and Large 2	360	260.00/cwt	260.00–260.00	936	1
Heifers	350–400	Medium and Large 1	373	310.73/cwt	302.50–320.00	1,159	9
Heifers	400–450	Medium and Large 2	410	260.00/cwt	260.00–260.00	1,066	2
Heifers	400–450	Medium and Large 1	421	284.75/cwt	275.00–302.50	1,199	12
Heifers	450–500	Medium and Large 1	472	270.80/cwt	265.00–278.00	1,278	9
Heifers	450–500	Medium and Large 2	475	240.00/cwt	240.00–240.00	1,140	1
Heifers	500–550	Medium and Large 1	512	253.97/cwt	249.00–265.00	1,300	12
Heifers	500–550	Medium and Large 2	513	230.00/cwt	230.00–230.00	1,180	4
Heifers	550–600	Medium and Large 1	575	248.06/cwt	240.00–265.00	1,426	7
Heifers	600–650	Medium and Large 1	616	237.44/cwt	230.00–245.00	1,463	6
Heifers	650–700	Medium and Large 1	667	230.69/cwt	228.00–234.00	1,539	7
Feeder Cattle · Bulls3 lots · lightest first
Bulls	450–500	Medium and Large 1	472	272.39/cwt	270.00–275.00	1,286	6
Bulls	550–600	Medium and Large 1	578	258.59/cwt	255.00–260.00	1,495	5
Bulls	600–650	Medium and Large 1	605	235.00/cwt	232.00–238.00	1,422	2
Slaughter Cattle · Bulls3 lots · lightest first
Bulls	—	—	1,220	128.00/cwt	128.00–128.00	1,562	1
Bulls	—	—	1,640	148.08/cwt	143.00–154.00	2,429	3
Bulls	—	—	2,062	164.66/cwt	164.00–165.00	3,395	3
Slaughter Cattle · Cows5 lots · lightest first
Cows	—	Lean 85-90%	920	95.00/cwt	95.00–95.00	874	1
Cows	—	Lean 85-90%	959	118.19/cwt	115.00–120.00	1,133	6
Cows	—	Boner 80-85%	1,163	127.85/cwt	123.00–130.00	1,487	5
Cows	—	Boner 80-85%	1,249	138.14/cwt	135.00–141.00	1,725	10
Cows	—	Boner 80-85%	1,338	147.43/cwt	143.00–153.00	1,973	2
Replacement Cattle · Cow-Calf Pairs1 lot · lightest first
Cow-Calf Pairs	—	Medium and Large 1-2	1,113	2,099.72/head	1,975.00–2,225.00	2,100	2
Replacement Cattle · Bred Cows1 lot · lightest first
Bred Cows	—	Medium and Large 1-2	1,050	1,750.00/head	1,750.00–1,750.00	1,750	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 Aug 1, 2024

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

Feeder CattleReceipts 468Last week 592Year ago 428

Slaughter CattleReceipts 53Last week 105Year ago 116

Replacement CattleReceipts 5Last week 10Year ago 10

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1$ per cwt · actual wt
5	300–350	320	340.00–360.00	349.09
4	350–400	373	310.00–325.00	317.95
20	400–450	419	295.00–325.00	307.09
23	450–500	475	280.00–310.00	291.57
16	500–550	516	275.00–309.00	283.64
23	550–600	567	265.00–285.00	272.67
6	600–650	626	250.00–273.00	262.01
5	650–700	678	243.00–249.00	246.00
6	700–750	718	240.00–244.00	241.83
2	750–800	763	238.00–240.00	239.00
2	800–850	828	227.00–228.00	227.50

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 2$ per cwt · actual wt
1	300–350	335	305.00	305.00
2	350–400	363	280.00–300.00	289.93
6	400–450	428	270.00–280.00	272.48
8	450–500	485	250.00–270.00	264.28
3	500–550	525	240.00–255.00	245.00

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1$ per cwt · actual wt
7	300–350	334	300.00–335.00	315.71
9	350–400	373	302.50–320.00	310.73
12	400–450	421	275.00–302.50	284.75
9	450–500	472	265.00–278.00	270.80
12	500–550	512	249.00–265.00	253.97
7	550–600	575	240.00–265.00	248.06
6	600–650	616	230.00–245.00	237.44
7	650–700	667	228.00–234.00	230.69

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 2$ per cwt · actual wt
3	300–350	303	265.00–275.00	271.59
1	350–400	360	260.00	260.00
2	400–450	410	260.00	260.00
1	450–500	475	240.00	240.00
4	500–550	513	230.00	230.00

Head	Wt range	Avg wt	Price range	Avg price
Bulls — Medium and Large 1$ per cwt · actual wt
6	450–500	472	270.00–275.00	272.39
5	550–600	578	255.00–260.00	258.59
2	600–650	605	232.00–238.00	235.00

Slaughter Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Cows — Lean 85-90%$ per cwt · actual wt
1	—	920	95.00	95.00
6	—	959	115.00–120.00	118.19

Head	Wt range	Avg wt	Price range	Avg price
Cows — Boner 80-85%$ per cwt · actual wt
5	—	1,163	123.00–130.00	127.85
2	—	1,338	143.00–153.00	147.43
10	—	1,249	135.00–141.00	138.14

Head	Wt range	Avg wt	Price range	Avg price
Bulls$ per cwt · actual wt
1	—	1,220	128.00	128.00
3	—	1,640	143.00–154.00	148.08
3	—	2,062	164.00–165.00	164.66

Replacement Cattle

As reported

Age	Stage	Head	Wt range	Avg wt	Price range	Avg price
Cow-Calf Pairs — Medium and Large 1-2$ per head · actual wt
Aged (>8 yrs)	Open	2	—	1,113	1,975.00–2,225.00	2,099.72

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	—	1,050	1,750.00	1,750.00

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.