Sale reports / Arkansas / Hope Livestock Auction Inc. / 2022-01-06

Hope Livestock Auction Inc.

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Hope, Arkansas · Thu, Jan 6
● Final51 lots reportedUSDA AMS · slug 2058
Feeder Cattle receipts
762 head
▲ 42 vs last sale 720▲ 257 vs year ago 505 · +50.9%
Slaughter Cattle receipts
153 head
▼ 27 vs last sale 180▲ 48 vs year ago 105 · +45.7%
Replacement Cattle receipts
25 head
▲ 10 vs last sale 15▼ 10 vs year ago 35 · −28.6%
View

Reporter comment USDA

As filed

Compared to last sale (12-16-21): Feeder steers under 450 lbs. 10.00-17.00 higher, over 450 lbs. 2.00-7.00 higher. Feeder heifers 2.00-7.00 higher. Slaughter cows 1.00-3.00 higher. Slaughter bulls 3.00-4.00 higher. Quality was average. Demand was good; especially on lighter cattle. Sold a video load at a premium.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $168.88/cwt on 175 head.
Average price
$168.88
175 head · 587 lb average
Value per head Derived
$991
Price × average weight ÷ 100
Grade differential Derived
$438
per head · Medium and Large 1 over Medium and Large 2
$19.39/cwt at this weight
vs the market
−1.87
vs AR average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1606170.651,035159
Medium and Large 2395151.2659716thin
One grade step is worth $19.39/cwt here — about $438 a head. Across this sale the premium is widest at 0–100 lb. USDA reports each grade on its own line and never publishes the spread.

How it compared 0–100 lb

Same class and week · spot auction only
This sale175 hd
168.88
—
AR average6 barns · 1,408 hd
170.74
−1.87
A barn can sit above the state average at one weight and below it at another — check the class you actually sell.

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—Low1,68882.371,39012
CowsBoner 80-85%Average1,20352.2962930
CowsLean 85-90%Average96134.6933315

Every lot, as filed

51 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.
ClassGrade / descriptionWeightAvg wtPriceRangePer headHead
HeifersMedium and Large 2—385140.00/cwt140.00–140.005391
HeifersMedium and Large 1—631139.80/cwt137.00–144.0088211
HeifersMedium and Large 1—328165.67/cwt155.00–170.005434
SteersMedium and Large 1—467177.80/cwt170.00–185.0083013
SteersMedium and Large 2—312156.79/cwt150.00–160.004893
SteersMedium and Large 1Value Added—605161.47/cwt158.00–165.009776
SteersMedium and Large 1—320203.89/cwt185.00–220.006529
SteersMedium and Large 1—725140.00/cwt140.00–140.001,0151
SteersMedium and Large 1—524174.23/cwt165.00–181.0091313
SteersMedium and Large 1—371200.16/cwt185.00–217.0074312
SteersMedium and Large 2—429148.96/cwt145.00–150.006395
HeifersMedium and Large 1Value Added—475156.00/cwt156.00–156.007413
SteersMedium and Large 1Value Added—655158.00/cwt158.00–158.001,0353
SteersMedium and Large 1—618152.03/cwt145.00–155.009409
SteersMedium and Large 2—369153.01/cwt150.00–160.005655
SteersMedium and Large 2—462146.66/cwt145.00–150.006783
SteersMedium and Large 1—576164.19/cwt160.00–171.009466
SteersMedium and Large 1Value Added—508178.49/cwt177.00–180.009076
SteersMedium and Large 1Value Added—785159.10/cwt159.10–159.101,24965
HeifersMedium and Large 1—526147.57/cwt141.00–155.0077618
HeifersMedium and Large 1—420153.76/cwt145.00–162.0064618
BullsMedium and Large 1—570147.02/cwt145.00–150.008385
BullsMedium and Large 1—615140.00/cwt140.00–140.008611
BullsMedium and Large 1—528150.76/cwt150.00–153.007964
BullsMedium and Large 1—480155.00/cwt155.00–155.007444
HeifersMedium and Large 2—330138.91/cwt133.00–145.004582
HeifersMedium and Large 1Value Added—614145.52/cwt140.00–147.008939
HeifersMedium and Large 1Value Added—535158.00/cwt158.00–158.008453
SteersMedium and Large 1—424185.70/cwt175.00–198.0078716
HeifersMedium and Large 2—550125.00/cwt125.00–125.006881
HeifersMedium and Large 2—527126.08/cwt120.00–130.006643
HeifersMedium and Large 1—471152.34/cwt144.00–158.0071819
HeifersMedium and Large 1—670141.42/cwt138.00–145.009482
HeifersMedium and Large 1—568144.30/cwt142.00–148.008203
HeifersMedium and Large 1—373161.33/cwt156.00–167.006028
HeifersMedium and Large 1Value Added—569147.33/cwt144.00–149.008389
HeifersMedium and Large 2—432133.28/cwt130.00–140.005763
Cow-Calf PairsMedium and Large 1-2—1,2851,000.00/cwt1,000.00–1,000.0012,8501
Bred CowsMedium and Large 1-2—1,191812.95/cwt720.00–875.009,6825
Bred CowsMedium and Large 1-2—1,008651.04/cwt630.00–670.006,5622
Bred CowsMedium and Large 1-2—1,1871,074.44/cwt900.00–1,200.0012,7543
Bred CowsMedium and Large 1-2—1,3101,200.00/cwt1,200.00–1,200.0015,7201
Bred CowsMedium and Large 1-2—1,072801.01/cwt750.00–850.008,5873
Bulls——1,64864.22/cwt60.00–69.001,0582
Bulls——1,65084.08/cwt77.00–88.001,3878
CowsBoner 80-85%—1,19053.72/cwt50.00–58.0063914
CowsBoner 80-85%—1,38364.71/cwt60.00–70.008958
CowsBoner 80-85%—1,04737.38/cwt32.00–41.003918
Bulls——1,87893.68/cwt90.00–97.001,7592
CowsLean 85-90%—98636.18/cwt30.00–40.0035713
CowsLean 85-90%—80025.00/cwt25.00–25.002002

How this sale compares

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.