Sale reports / Arkansas / Hope Livestock Auction Inc. / 2024-09-12

Hope Livestock Auction Inc.

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Hope, Arkansas · Thu, Sep 12
● Final46 lots reportedUSDA AMS · slug 2058
Feeder Cattle receipts
640 head
▼ 85 vs last sale 725▼ 330 vs year ago 970 · −34.0%
Slaughter Cattle receipts
61 head
▼ 90 vs last sale 151▼ 116 vs year ago 177 · −65.5%
Replacement Cattle receipts
10 head
▲ 0 vs last sale 10▲ 0 vs year ago 10 · +0.0%
View

Reporter comment USDA

As filed

Compared to last week: Feeder steers 2.00-12.00 lower. Feeder heifers 5.00-15.00 lower. Slaughter cows 1.00-2.00 lower. Slaughter bulls 2.00 lower. Quality was average. Buyers had a more conservative tone this week. Numbers are beginning to increase with the fall runs upon us and weather changes in the near future.

Weight classPick one — the panels below update

Heifers · summary 500–600 lb

Weighted average of every reported lot
500–600 lb heifers averaged $220.08/cwt on 25 head. That ranks 1 of 31 comparable sales and sits −149.43 against this barn's trailing median of $369.51.
Average price
$220.08
25 head · 540 lb average
Value per head Derived
$1,189
Price × average weight ÷ 100
Grade differential Derived
$138
per head · Medium and Large 1 over Medium and Large 2
$20.93/cwt at this weight
vs the market
−12.43
vs AR average
−18.53 vs national

Price by quality 500–600 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1542223.431,21121
Medium and Large 2530202.501,0734thin
One grade step is worth $20.93/cwt here — about $138 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 sale25 hd
220.08
—
AR average10 barns · 679 hd
232.51
−12.43
National average182 barns · 14,937 hd
238.61
−18.53
This barn, trailing median31 sales
369.51
−149.43
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

31 sales
446400353307median 369.5103/0504/2307/0909/0310/29
Heifers 500–600 lb: high $432.07, low $320.69, median $369.51 across 31 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—Low1,645140.892,3177thin
CowsBoner 80-85%Low1,225120.871,48020
CowsLean 85-90%Average981111.641,0957thin

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 Cows3rd Stage (7-9 mo)Middle Aged (5-8 yrs)1,330$2,0501thin
Bred Cows2nd Stage (4-6 mo)Middle Aged (5-8 yrs)1,328$1,9472thin

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.
ClassWeightGrade / descriptionAvg wtPriceRangePer headHead
Feeder Cattle · Steers17 lots · lightest first
Steers300–350Medium and Large 1320323.29/cwt300.00–340.001,0354
Steers300–350Medium and Large 2335268.38/cwt265.00–270.008993
Steers350–400Medium and Large 2365257.53/cwt255.00–260.009402
Steers350–400Medium and Large 1367298.60/cwt290.00–322.501,0967
Steers400–450Medium and Large 1419262.21/cwt255.00–270.001,0998
Steers400–450Medium and Large 2425238.59/cwt230.00–260.001,0146
Steers450–500Medium and Large 2468232.41/cwt230.00–235.001,0886
Steers450–500Medium and Large 1475253.59/cwt245.00–260.001,20513
Steers500–550Medium and Large 1519245.45/cwt237.00–255.001,27410
Steers500–550Medium and Large 2525223.29/cwt220.00–225.001,1726
Steers550–600Medium and Large 1565241.07/cwt232.00–247.001,36211
Steers600–650Medium and Large 1609237.76/cwt230.00–242.001,4488
Steers650–700Medium and Large 1656228.48/cwt220.00–233.001,4994
Steers700–750Medium and Large 1710219.55/cwt216.00–223.001,5592
Steers750–800Medium and Large 1755211.31/cwt206.00–218.001,5953
Steers800–850Medium and Large 1820200.50/cwt200.00–201.001,6442
Steers850–900Medium and Large 1857206.03/cwt199.00–214.001,7665
Feeder Cattle · Heifers15 lots · lightest first
Heifers300–350Medium and Large 2300245.00/cwt245.00–245.007352
Heifers300–350Medium and Large 1332256.27/cwt230.00–270.0085110
Heifers350–400Medium and Large 2368233.97/cwt230.00–240.008616
Heifers350–400Medium and Large 1379256.53/cwt250.00–260.009729
Heifers400–450Medium and Large 1425245.86/cwt235.00–257.001,04512
Heifers400–450Medium and Large 2428216.14/cwt210.00–220.009254
Heifers450–500Medium and Large 1470237.69/cwt230.00–250.001,11711
Heifers450–500Medium and Large 2472215.78/cwt210.00–220.001,0186
Heifers450–500Medium and Large 1Replacement480317.50/cwt300.00–335.001,5242
Heifers500–550Medium and Large 2510200.00/cwt200.00–200.001,0202
Heifers500–550Medium and Large 1519228.69/cwt220.00–247.001,18710
Heifers550–600Medium and Large 2550205.00/cwt205.00–205.001,1282
Heifers550–600Medium and Large 1563218.65/cwt215.00–227.001,23111
Heifers600–650Medium and Large 1619213.97/cwt210.00–220.001,32410
Heifers650–700Medium and Large 1674213.54/cwt210.00–219.001,4399
Feeder Cattle · Bulls6 lots · lightest first
Bulls450–500Medium and Large 1477238.02/cwt233.00–240.001,1357
Bulls500–550Medium and Large 1526227.57/cwt222.50–233.001,19710
Bulls550–600Medium and Large 1588218.73/cwt215.00–222.501,2862
Bulls600–650Medium and Large 1620206.70/cwt200.00–210.001,2827
Bulls650–700Medium and Large 1670203.96/cwt198.00–210.001,3672
Bulls700–750Medium and Large 1717198.28/cwt195.00–200.001,4223
Slaughter Cattle · Bulls2 lots · lightest first
Bulls——1,355125.00/cwt125.00–125.001,6941
Bulls——1,693143.54/cwt140.00–147.002,4306
Slaughter Cattle · Cows4 lots · lightest first
Cows—Lean 85-90%981111.64/cwt107.00–115.001,0957
Cows—Boner 80-85%1,038113.21/cwt112.00–115.001,1755
Cows—Boner 80-85%1,277122.59/cwt117.00–128.001,56514
Cows—Boner 80-85%1,430135.00/cwt135.00–135.001,9311
Replacement Cattle · Bred Cows2 lots · lightest first
Bred Cows—Medium and Large 1-21,3281,947.32/head1,775.00–2,150.001,9472
Bred Cows—Medium and Large 1-21,3302,050.00/head2,050.00–2,050.002,0501

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.