Sale reports / Arkansas / Hope Livestock Auction Inc. / 2024-08-29

Hope Livestock Auction Inc.

Name: Hope Livestock Auction Inc. livestock auction prices — 2024-08-29
Creator: RaisedBeef
Published: 2024-08-29

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Hope, Arkansas · Thu, Aug 29

● Final53 lots reportedUSDA AMS · slug 2058

← Aug 22Aug 29Sep 5 →

Feeder Cattle receipts

550 head

▲ 36 vs last sale 514▼ 269 vs year ago 819 · −32.8%

Slaughter Cattle receipts

46 head

▼ 65 vs last sale 111▼ 150 vs year ago 196 · −76.5%

Replacement Cattle receipts

5 head

▼ 5 vs last sale 10▼ 10 vs year ago 15 · −66.7%

View

Reporter comment USDA

As filed

Compared to last week: Feeder steers under 400 lbs. 3.00-5.00 lower; over 400 lbs. 3.00-8.00 higher. Feeder heifers 2.00-7.00 higher. Slaughter cows 2.00-8.00 lower on a light test. Slaughter bulls 2.00-5.00 lower. Quality was average. Market was stronger on most classes of feeder cattle. Slaughter cattle were cheaper with limited receipts.

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 $246.56/cwt on 34 head. That ranks 1 of 30 comparable sales and sits −136.55 against this barn's trailing median of $383.11.

Average price

$246.56

34 head · 550 lb average

Value per head Derived

$1,357

Price × average weight ÷ 100

Grade differential Derived

$166

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

$26.00/cwt at this weight

vs the market

−18.64

vs AR average

−21.99 vs national

Price by quality 500–600 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1	553	250.60	1,386	28
Medium and Large 1-2	515	243.00	1,251	1thin
Medium and Large 2	543	224.60	1,220	5thin

One grade step is worth $26.00/cwt here — about $166 a head. Across this sale the premium is widest at 400–500 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 sale34 hd

246.56

—

AR average8 barns · 217 hd

265.19

−18.64

National average155 barns · 6,455 hd

268.55

−21.99

This barn, trailing median30 sales

383.11

−136.55

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	1,604	136.82	2,194	7thin
Cows	Boner 80-85%	Average	1,225	121.13	1,483	12
Cows	Lean 85-90%	Average	979	112.90	1,105	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
Cow-Calf Pairs	Open	Middle Aged (5-8 yrs)	1,410	$2,125	1thin

Every lot

53 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 · Steers21 lots · lightest first
Steers	300–350	Medium and Large 1Value Added	300	380.00/cwt	380.00–380.00	1,140	1
Steers	300–350	Medium and Large 1	326	319.06/cwt	290.00–350.00	1,040	9
Steers	350–400	Medium and Large 1	374	304.45/cwt	290.00–332.50	1,139	13
Steers	350–400	Medium and Large 1-2	385	275.84/cwt	275.00–277.50	1,062	3
Steers	400–450	Medium and Large 1Value Added	400	325.00/cwt	325.00–325.00	1,300	4
Steers	400–450	Medium and Large 1	416	295.80/cwt	275.00–320.00	1,231	15
Steers	400–450	Medium and Large 1-2	416	266.72/cwt	260.00–270.00	1,110	7
Steers	400–450	Medium and Large 2	428	248.62/cwt	244.00–253.00	1,064	7
Steers	450–500	Medium and Large 1-2	467	255.69/cwt	255.00–257.00	1,194	3
Steers	450–500	Medium and Large 1	469	266.62/cwt	265.00–273.00	1,250	8
Steers	450–500	Medium and Large 2	475	241.12/cwt	235.00–250.00	1,145	4
Steers	500–550	Medium and Large 1-2	515	243.00/cwt	243.00–243.00	1,251	1
Steers	500–550	Medium and Large 1	522	254.04/cwt	250.00–259.00	1,326	10
Steers	500–550	Medium and Large 2	522	227.67/cwt	223.00–235.00	1,188	3
Steers	550–600	Medium and Large 1	570	248.09/cwt	241.00–259.00	1,414	17
Steers	550–600	Medium and Large 1Value Added	575	259.00/cwt	259.00–259.00	1,489	1
Steers	550–600	Medium and Large 2	575	220.00/cwt	220.00–220.00	1,265	2
Steers	600–650	Medium and Large 1	624	241.14/cwt	230.00–256.00	1,505	16
Steers	650–700	Medium and Large 1	664	237.69/cwt	225.00–244.00	1,578	6
Steers	700–750	Medium and Large 1	714	228.60/cwt	224.00–235.00	1,632	5
Steers	750–800	Medium and Large 1	763	227.57/cwt	220.00–235.00	1,736	2
Feeder Cattle · Heifers19 lots · lightest first
Heifers	300–350	Medium and Large 2	300	250.00/cwt	250.00–250.00	750	1
Heifers	300–350	Medium and Large 1Value Added	310	315.00/cwt	315.00–315.00	977	1
Heifers	300–350	Medium and Large 1	325	293.71/cwt	278.50–312.50	955	9
Heifers	350–400	Medium and Large 1	373	289.31/cwt	280.00–305.00	1,079	8
Heifers	350–400	Medium and Large 1Value Added	390	300.00/cwt	300.00–300.00	1,170	1
Heifers	400–450	Medium and Large 1	423	263.62/cwt	247.50–285.00	1,115	23
Heifers	450–500	Medium and Large 1	470	244.23/cwt	237.00–255.00	1,148	14
Heifers	500–550	Medium and Large 1	516	234.27/cwt	225.00–240.00	1,209	9
Heifers	500–550	Medium and Large 2	521	214.99/cwt	210.00–220.00	1,120	4
Heifers	550–600	Medium and Large 1Replacement	553	259.98/cwt	255.00–265.00	1,438	2
Heifers	550–600	Medium and Large 1Fleshy	565	220.00/cwt	220.00–220.00	1,243	1
Heifers	550–600	Medium and Large 1	568	229.01/cwt	220.00–235.00	1,301	15
Heifers	550–600	Medium and Large 2	585	210.00/cwt	210.00–210.00	1,229	1
Heifers	600–650	Medium and Large 1	619	217.68/cwt	215.00–220.00	1,347	13
Heifers	650–700	Medium and Large 1	665	218.65/cwt	217.00–220.00	1,454	3
Heifers	700–750	Medium and Large 1	726	200.24/cwt	193.00–211.00	1,454	4
Heifers	750–800	Medium and Large 1	763	196.39/cwt	190.00–203.00	1,498	2
Heifers	800–850	Medium and Large 1	825	194.00/cwt	194.00–194.00	1,601	1
Heifers	850–900	Medium and Large 1	855	190.00/cwt	190.00–190.00	1,625	1
Feeder Cattle · Bulls7 lots · lightest first
Bulls	450–500	Medium and Large 1	458	255.87/cwt	252.20–260.00	1,172	6
Bulls	500–550	Medium and Large 1	522	237.37/cwt	235.00–239.00	1,239	3
Bulls	550–600	Medium and Large 1	593	229.49/cwt	227.00–232.00	1,361	2
Bulls	600–650	Medium and Large 1	618	224.90/cwt	220.00–230.00	1,390	2
Bulls	650–700	Medium and Large 1	650	215.00/cwt	215.00–215.00	1,398	1
Bulls	700–750	Medium and Large 1	745	195.00/cwt	195.00–195.00	1,453	1
Bulls	750–800	Medium and Large 1	795	190.00/cwt	190.00–190.00	1,511	1
Slaughter Cattle · Bulls2 lots · lightest first
Bulls	—	—	1,275	125.65/cwt	120.00–132.00	1,602	3
Bulls	—	—	1,850	145.19/cwt	143.00–147.00	2,686	4
Slaughter Cattle · Cows3 lots · lightest first
Cows	—	Lean 85-90%	979	112.90/cwt	110.00–117.00	1,105	10
Cows	—	Boner 80-85%	1,133	114.76/cwt	112.00–117.00	1,300	3
Cows	—	Boner 80-85%	1,255	123.25/cwt	120.00–125.00	1,547	9
Replacement Cattle · Cow-Calf Pairs1 lot · lightest first
Cow-Calf Pairs	—	Medium and Large 1-2	1,410	2,125.00/head	2,125.00–2,125.00	2,125	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 29, 2024

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

Feeder CattleReceipts 550Last week 514Year ago 819

Slaughter CattleReceipts 46Last week 111Year ago 196

Replacement CattleReceipts 5Last week 10Year ago 15

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1$ per cwt · actual wt
9	300–350	326	290.00–350.00	319.06
13	350–400	374	290.00–332.50	304.45
15	400–450	416	275.00–320.00	295.80
8	450–500	469	265.00–273.00	266.62
10	500–550	522	250.00–259.00	254.04
17	550–600	570	241.00–259.00	248.09
16	600–650	624	230.00–256.00	241.14
6	650–700	664	225.00–244.00	237.69
5	700–750	714	224.00–235.00	228.60
2	750–800	763	220.00–235.00	227.57

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1 · Value Added$ per cwt · actual wt
1	300–350	300	380.00	380.00
4	400–450	400	325.00	325.00
1	550–600	575	259.00	259.00

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1-2$ per cwt · actual wt
3	350–400	385	275.00–277.50	275.84
7	400–450	416	260.00–270.00	266.72
3	450–500	467	255.00–257.00	255.69
1	500–550	515	243.00	243.00

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 2$ per cwt · actual wt
7	400–450	428	244.00–253.00	248.62
4	450–500	475	235.00–250.00	241.12
3	500–550	522	223.00–235.00	227.67
2	550–600	575	220.00	220.00

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1$ per cwt · actual wt
9	300–350	325	278.50–312.50	293.71
8	350–400	373	280.00–305.00	289.31
23	400–450	423	247.50–285.00	263.62
14	450–500	470	237.00–255.00	244.23
9	500–550	516	225.00–240.00	234.27
15	550–600	568	220.00–235.00	229.01
13	600–650	619	215.00–220.00	217.68
3	650–700	665	217.00–220.00	218.65
4	700–750	726	193.00–211.00	200.24
2	750–800	763	190.00–203.00	196.39
1	800–850	825	194.00	194.00
1	850–900	855	190.00	190.00

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1 · Fleshy$ per cwt · actual wt
1	550–600	565	220.00	220.00

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 2$ per cwt · actual wt
1	300–350	300	250.00	250.00
4	500–550	521	210.00–220.00	214.99
1	550–600	585	210.00	210.00

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1 · Value Added$ per cwt · actual wt
1	300–350	310	315.00	315.00
1	350–400	390	300.00	300.00

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1 · Replacement$ per cwt · actual wt
2	550–600	553	255.00–265.00	259.98

Head	Wt range	Avg wt	Price range	Avg price
Bulls — Medium and Large 1$ per cwt · actual wt
6	450–500	458	252.20–260.00	255.87
3	500–550	522	235.00–239.00	237.37
2	550–600	593	227.00–232.00	229.49
2	600–650	618	220.00–230.00	224.90
1	650–700	650	215.00	215.00
1	700–750	745	195.00	195.00
1	750–800	795	190.00	190.00

Slaughter Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Cows — Boner 80-85%$ per cwt · actual wt
9	—	1,255	120.00–125.00	123.25
3	—	1,133	112.00–117.00	114.76

Head	Wt range	Avg wt	Price range	Avg price
Cows — Lean 85-90%$ per cwt · actual wt
10	—	979	110.00–117.00	112.90

Head	Wt range	Avg wt	Price range	Avg price
Bulls$ per cwt · actual wt
4	—	1,850	143.00–147.00	145.19
3	—	1,275	120.00–132.00	125.65

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
Middle Aged (5-8 yrs)	Open	1	—	1,410	2,125.00	2,125.00

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.