Sale reports / Arkansas / Hope Livestock Auction Inc. / 2024-10-10

Hope Livestock Auction Inc.

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Hope, Arkansas · Thu, Oct 10
● Final56 lots reportedUSDA AMS · slug 2058
Feeder Cattle receipts
679 head
▼ 16 vs last sale 695▼ 254 vs year ago 933 · −27.2%
Slaughter Cattle receipts
114 head
▼ 46 vs last sale 160▼ 108 vs year ago 222 · −48.6%
Replacement Cattle receipts
10 head
▲ 0 vs last sale 10▼ 5 vs year ago 15 · −33.3%
View

Reporter comment USDA

As filed

Compared to last week: Feeder steers 3.00-6.00 higher. Feeder heifers 2.00-10.00 higher. Slaughter cows steady to 2.00 higher. Slaughter bulls steady. Quality was average to attractive. Market was stronger in most classes. Lightweight calves were in high demand again this week. Sold two loads on video this week for a premium. . To view results click this link ( https://www.ams.usda.gov/mnreports/ams_3628.pdf ).

Weight classPick one — the panels below update

Steers · summary 500–600 lb

Weighted average of every reported lot
500–600 lb steers averaged $260.80/cwt on 20 head. That ranks 1 of 30 comparable sales and sits −122.31 against this barn's trailing median of $383.11.
Average price
$260.80
20 head · 534 lb average
Value per head Derived
$1,393
Price × average weight ÷ 100
Grade differential Derived
$219
per head · Medium and Large 1 over Medium and Large 2
$34.22/cwt at this weight
vs the market
−8.76
vs AR average
−33.51 vs national

Price by quality 500–600 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1536264.221,41518thin
Medium and Large 2520230.001,1962thin
One grade step is worth $34.22/cwt here — about $219 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 sale20 hd
260.80
—
AR average10 barns · 545 hd
269.56
−8.76
National average177 barns · 23,944 hd
294.31
−33.51
This barn, trailing median30 sales
383.11
−122.31
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—Low1,741133.752,32812
CowsBoner 80-85%High1,208118.921,43735
CowsBreaker 75-80%Average1,585115.001,8231thin
CowsLean 85-90%Average973104.841,02010

Every lot

56 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 · Steers22 lots · lightest first
Steers300–350Medium and Large 1319355.14/cwt315.00–375.001,13312
Steers300–350Medium and Large 2327283.97/cwt275.00–300.009297
Steers350–400Medium and Large 2370274.80/cwt270.00–280.001,0174
Steers350–400Medium and Large 1373348.34/cwt320.00–372.501,29915
Steers400–450Medium and Large 1425301.12/cwt285.00–345.001,2809
Steers400–450Medium and Large 2425258.50/cwt237.00–265.001,09910
Steers400–450Medium and Large 1Value Added430306.79/cwt297.50–325.001,31910
Steers400–450Medium and Large 1Fancy435327.50/cwt322.50–337.501,4253
Steers450–500Medium and Large 2453242.54/cwt235.00–250.001,0994
Steers450–500Medium and Large 1469278.57/cwt270.00–289.001,3069
Steers450–500Medium and Large 1Value Added490285.00/cwt285.00–285.001,3972
Steers500–550Medium and Large 2520230.00/cwt230.00–230.001,1962
Steers500–550Medium and Large 1521264.51/cwt250.00–277.501,3788
Steers500–550Medium and Large 1Value Added525272.60/cwt267.50–277.501,4314
Steers550–600Medium and Large 1562258.26/cwt250.00–262.501,4516
Steers600–650Medium and Large 1615242.89/cwt237.50–247.001,4944
Steers650–700Medium and Large 1669239.70/cwt234.00–247.501,6045
Steers700–750Medium and Large 1Value Added730238.00/cwt238.00–238.001,7373
Steers700–750Medium and Large 1730233.00/cwt233.00–233.001,7011
Steers750–800Medium and Large 1773224.01/cwt223.00–225.001,7322
Steers800–850Medium and Large 1805218.00/cwt218.00–218.001,7551
Steers850–900Medium and Large 1885215.00/cwt215.00–215.001,9031
Feeder Cattle · Heifers19 lots · lightest first
Heifers300–350Medium and Large 1327286.44/cwt272.50–310.009377
Heifers300–350Medium and Large 2336236.79/cwt235.00–240.007966
Heifers300–350Medium and Large 1Fancy345307.50/cwt307.50–307.501,0611
Heifers350–400Medium and Large 2364236.81/cwt225.00–245.008629
Heifers350–400Medium and Large 1368286.07/cwt257.00–305.001,05311
Heifers400–450Medium and Large 2400238.00/cwt238.00–238.009522
Heifers400–450Medium and Large 1415257.92/cwt245.00–277.501,07016
Heifers400–450Medium and Large 1Value Added423281.38/cwt272.50–300.001,1903
Heifers450–500Medium and Large 1Value Added467259.88/cwt250.00–272.501,2146
Heifers450–500Medium and Large 1475247.01/cwt235.00–275.001,17314
Heifers500–550Medium and Large 2517217.95/cwt215.00–220.001,1276
Heifers500–550Medium and Large 1518234.95/cwt230.00–240.001,21711
Heifers550–600Medium and Large 1575231.66/cwt228.00–237.501,3324
Heifers600–650Medium and Large 1619223.64/cwt220.00–228.001,3846
Heifers650–700Medium and Large 1663217.44/cwt212.00–223.001,4422
Heifers700–750Medium and Large 1738198.71/cwt195.00–202.501,4662
Heifers750–800Medium and Large 1770188.26/cwt180.00–195.001,4503
Heifers800–850Medium and Large 1800192.50/cwt185.00–200.001,5402
Heifers800–850Medium and Large 1Value Added840200.00/cwt200.00–200.001,6803
Feeder Cattle · Bulls5 lots · lightest first
Bulls450–500Medium and Large 1476254.94/cwt250.00–260.001,2148
Bulls500–550Medium and Large 1535236.03/cwt225.00–242.001,2637
Bulls550–600Medium and Large 1568230.35/cwt225.00–237.001,3088
Bulls600–650Medium and Large 1616225.37/cwt220.00–230.001,3885
Bulls750–800Medium and Large 1770190.13/cwt185.00–195.001,4642
Slaughter Cattle · Bulls3 lots · lightest first
Bulls——1,358122.99/cwt122.00–124.001,6702
Bulls——1,721134.88/cwt131.00–140.002,3218
Bulls——2,203140.00/cwt140.00–140.003,0842
Slaughter Cattle · Cows5 lots · lightest first
Cows—Lean 85-90%973104.84/cwt100.00–108.001,02010
Cows—Boner 80-85%1,052106.01/cwt105.00–108.001,1157
Cows—Boner 80-85%1,230120.15/cwt112.00–127.001,47823
Cows—Boner 80-85%1,326131.37/cwt130.00–132.001,7425
Cows—Breaker 75-80%1,585115.00/cwt115.00–115.001,8231
Replacement Cattle · Bred Cows1 lot · lightest first
Bred Cows—Medium and Large 1-21,220132.00/cwt132.00–132.001,6101
Replacement Cattle · Stock Cows1 lot · lightest first
Stock Cows—Medium and Large 1-2987160.23/cwt145.00–171.001,5817

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.