Sale reports / Arkansas / Hope Livestock Auction Inc. / 2024-08-22

Hope Livestock Auction Inc.

Name: Hope Livestock Auction Inc. livestock auction prices — 2024-08-22
Creator: RaisedBeef
Published: 2024-08-22

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Hope, Arkansas · Thu, Aug 22

● Final46 lots reportedUSDA AMS · slug 2058

← Aug 8Aug 22Aug 29 →

Feeder Cattle receipts

514 head

▲ 48 vs last sale 466▲ 133 vs year ago 381 · +34.9%

Slaughter Cattle receipts

111 head

▲ 58 vs last sale 53▲ 38 vs year ago 73 · +52.1%

Replacement Cattle receipts

10 head

▲ 5 vs last sale 5▲ 0 vs year ago 10 · +0.0%

View

Reporter comment USDA

As filed

No trend due to no report last week. Quality was average. Market was soft on feeder cattle but still strong on slaughter cattle.

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 $250.07/cwt on 28 head. That ranks 1 of 30 comparable sales and sits −133.03 against this barn's trailing median of $383.11.

Average price

$250.07

28 head · 544 lb average

Value per head Derived

$1,361

Price × average weight ÷ 100

Grade differential Derived

$181

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

$28.12/cwt at this weight

vs the market

−11.47

vs AR average

−20.43 vs national

Price by quality 500–600 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1	546	253.09	1,381	25
Medium and Large 2	533	224.97	1,200	3thin

One grade step is worth $28.12/cwt here — about $181 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 sale28 hd

250.07

—

AR average10 barns · 352 hd

261.55

−11.47

National average163 barns · 7,520 hd

270.50

−20.43

This barn, trailing median30 sales

383.11

−133.03

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	—	Average	1,677	150.64	2,526	11
Cows	Boner 80-85%	High	1,186	130.71	1,550	29
Cows	Lean 85-90%	Average	961	117.00	1,124	14

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)	1,263	$1,746	2thin
Cow-Calf Pairs	Open	Middle Aged (5-8 yrs)	1,510	$2,250	1thin
Cow-Calf Pairs	Open	Aged (>8 yrs)	1,348	$2,089	2thin

Every lot

46 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	326	329.55/cwt	312.50–355.00	1,074	12
Steers	300–350	Medium and Large 2	326	262.98/cwt	255.00–265.00	857	5
Steers	350–400	Medium and Large 1	370	306.90/cwt	287.50–335.00	1,136	6
Steers	350–400	Medium and Large 2	376	255.74/cwt	250.00–265.00	962	5
Steers	400–450	Medium and Large 1	420	278.33/cwt	265.00–305.00	1,169	14
Steers	400–450	Medium and Large 2	423	246.15/cwt	240.00–255.00	1,041	16
Steers	450–500	Medium and Large 1	466	263.68/cwt	255.00–272.50	1,229	8
Steers	450–500	Medium and Large 2	474	238.77/cwt	235.00–245.00	1,132	8
Steers	500–550	Medium and Large 1	524	257.72/cwt	248.00–270.00	1,350	14
Steers	500–550	Medium and Large 2	525	227.45/cwt	225.00–230.00	1,194	2
Steers	550–600	Medium and Large 2	550	220.00/cwt	220.00–220.00	1,210	1
Steers	550–600	Medium and Large 1	573	247.19/cwt	240.00–263.00	1,416	11
Steers	600–650	Medium and Large 1	610	234.98/cwt	230.00–245.00	1,433	12
Steers	650–700	Medium and Large 1	668	228.80/cwt	225.00–235.00	1,528	6
Steers	700–750	Medium and Large 1	725	220.00/cwt	220.00–220.00	1,595	1
Steers	750–800	Medium and Large 1	750	215.00/cwt	215.00–215.00	1,613	1
Feeder Cattle · Heifers16 lots · lightest first
Heifers	300–350	Medium and Large 1	321	290.17/cwt	265.00–297.50	931	8
Heifers	300–350	Medium and Large 1Fancy	325	310.00/cwt	310.00–310.00	1,008	1
Heifers	300–350	Medium and Large 2	329	245.48/cwt	240.00–252.00	808	5
Heifers	350–400	Medium and Large 2	365	242.00/cwt	242.00–242.00	883	2
Heifers	350–400	Medium and Large 1	383	277.57/cwt	275.00–280.00	1,063	6
Heifers	400–450	Medium and Large 2	425	225.00/cwt	225.00–225.00	956	2
Heifers	400–450	Medium and Large 1	426	251.69/cwt	245.00–270.00	1,072	17
Heifers	450–500	Medium and Large 1	471	242.94/cwt	240.00–247.00	1,144	7
Heifers	450–500	Medium and Large 2	480	221.65/cwt	221.00–223.00	1,064	3
Heifers	500–550	Medium and Large 1	522	234.67/cwt	225.00–242.00	1,225	15
Heifers	550–600	Medium and Large 2	564	199.98/cwt	190.00–205.00	1,128	5
Heifers	550–600	Medium and Large 1	565	229.17/cwt	220.00–234.00	1,295	10
Heifers	600–650	Medium and Large 1Fancy	625	228.00/cwt	228.00–228.00	1,425	1
Heifers	600–650	Medium and Large 1	625	215.67/cwt	205.00–221.00	1,348	7
Heifers	650–700	Medium and Large 1	665	224.00/cwt	224.00–224.00	1,490	1
Heifers	700–750	Medium and Large 1	705	210.00/cwt	210.00–210.00	1,481	1
Feeder Cattle · Bulls5 lots · lightest first
Bulls	450–500	Medium and Large 1	476	241.09/cwt	235.00–245.00	1,148	7
Bulls	500–550	Medium and Large 1	503	236.69/cwt	235.00–240.00	1,191	3
Bulls	550–600	Medium and Large 1	578	222.81/cwt	220.00–228.00	1,288	4
Bulls	600–650	Medium and Large 1	608	219.28/cwt	215.00–222.00	1,333	4
Bulls	650–700	Medium and Large 1	670	215.00/cwt	215.00–215.00	1,441	1
Slaughter Cattle · Bulls1 lot · lightest first
Bulls	—	—	1,677	150.64/cwt	143.00–158.00	2,526	11
Slaughter Cattle · Cows5 lots · lightest first
Cows	—	Lean 85-90%	941	115.13/cwt	112.00–118.00	1,083	10
Cows	—	Lean 85-90%	1,010	121.68/cwt	120.00–123.00	1,229	4
Cows	—	Boner 80-85%	1,073	117.82/cwt	115.00–120.00	1,264	6
Cows	—	Boner 80-85%	1,215	132.69/cwt	126.00–140.00	1,612	20
Cows	—	Boner 80-85%	1,218	143.25/cwt	142.00–145.00	1,745	3
Replacement Cattle · Cow-Calf Pairs2 lots · lightest first
Cow-Calf Pairs	—	Medium and Large 1-2	1,348	2,088.87/head	2,075.00–2,100.00	2,089	2
Cow-Calf Pairs	—	Medium and Large 1-2	1,510	2,250.00/head	2,250.00–2,250.00	2,250	1
Replacement Cattle · Bred Cows1 lot · lightest first
Bred Cows	—	Medium and Large 1-2	1,263	1,746.14/head	1,700.00–1,800.00	1,746	2

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 22, 2024

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

Feeder CattleReceipts 514Last week 466Year ago 381

Slaughter CattleReceipts 111Last week 53Year ago 73

Replacement CattleReceipts 10Last week 5Year ago 10

No trend due to no report last week. Quality was average. Market was soft on feeder cattle but still strong on slaughter cattle.

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1$ per cwt · actual wt
8	300–350	321	265.00–297.50	290.17
6	350–400	383	275.00–280.00	277.57
17	400–450	426	245.00–270.00	251.69
7	450–500	471	240.00–247.00	242.94
15	500–550	522	225.00–242.00	234.67
10	550–600	565	220.00–234.00	229.17
7	600–650	625	205.00–221.00	215.67
1	650–700	665	224.00	224.00
1	700–750	705	210.00	210.00

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 2$ per cwt · actual wt
5	300–350	329	240.00–252.00	245.48
2	350–400	365	242.00	242.00
2	400–450	425	225.00	225.00
3	450–500	480	221.00–223.00	221.65
5	550–600	564	190.00–205.00	199.98

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1 · Fancy$ per cwt · actual wt
1	300–350	325	310.00	310.00
1	600–650	625	228.00	228.00

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 2$ per cwt · actual wt
5	300–350	326	255.00–265.00	262.98
5	350–400	376	250.00–265.00	255.74
16	400–450	423	240.00–255.00	246.15
8	450–500	474	235.00–245.00	238.77
2	500–550	525	225.00–230.00	227.45
1	550–600	550	220.00	220.00

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1$ per cwt · actual wt
12	300–350	326	312.50–355.00	329.55
6	350–400	370	287.50–335.00	306.90
14	400–450	420	265.00–305.00	278.33
8	450–500	466	255.00–272.50	263.68
14	500–550	524	248.00–270.00	257.72
11	550–600	573	240.00–263.00	247.19
12	600–650	610	230.00–245.00	234.98
6	650–700	668	225.00–235.00	228.80
1	700–750	725	220.00	220.00
1	750–800	750	215.00	215.00

Head	Wt range	Avg wt	Price range	Avg price
Bulls — Medium and Large 1$ per cwt · actual wt
7	450–500	476	235.00–245.00	241.09
3	500–550	503	235.00–240.00	236.69
4	550–600	578	220.00–228.00	222.81
4	600–650	608	215.00–222.00	219.28
1	650–700	670	215.00	215.00

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	—	1,348	2,075.00–2,100.00	2,088.87
Middle Aged (5-8 yrs)	Open	1	—	1,510	2,250.00	2,250.00

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)	2	—	1,263	1,700.00–1,800.00	1,746.14

Slaughter Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Cows — Boner 80-85%$ per cwt · actual wt
3	—	1,218	142.00–145.00	143.25
20	—	1,215	126.00–140.00	132.69
6	—	1,073	115.00–120.00	117.82

Head	Wt range	Avg wt	Price range	Avg price
Cows — Lean 85-90%$ per cwt · actual wt
10	—	941	112.00–118.00	115.13
4	—	1,010	120.00–123.00	121.68

Head	Wt range	Avg wt	Price range	Avg price
Bulls$ per cwt · actual wt
11	—	1,677	143.00–158.00	150.64

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.