Sale reports / Arkansas / Hope Livestock Auction Inc. / 2022-01-20

Hope Livestock Auction Inc.

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Hope, Arkansas · Thu, Jan 20
● Final68 lots reportedUSDA AMS · slug 2058
Feeder Cattle receipts
907 head
▼ 107 vs last sale 1,014▼ 187 vs year ago 1,094 · −17.1%
Slaughter Cattle receipts
114 head
▼ 34 vs last sale 148▼ 88 vs year ago 202 · −43.6%
Replacement Cattle receipts
30 head
▲ 15 vs last sale 15▼ 5 vs year ago 35 · −14.3%
View

Reporter comment USDA

As filed

Compared to last week: Feeder steers under 500 lbs. 10.00-20.00 lower; over 500 lbs. 3.00-9.00 lower. Feeder heifers 1.00-5.00 higher. Slaughter cows 7.00-12.00 higher. Slaughter bulls 6.00-8.00 higher. Quality was average to plain. Buyer activity was limited. Sold two video loads of preconditioned cattle at a premium. Slaughter cattle were considerbly higher.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $164.16/cwt on 278 head.
Average price
$164.16
278 head · 587 lb average
Value per head Derived
$964
Price × average weight ÷ 100
Grade differential Derived
$387
per head · Medium and Large 1 over Medium and Large 2
$21.83/cwt at this weight
vs the market
+3.15
vs AR average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1600165.81996257
Medium and Large 2423143.9860921
One grade step is worth $21.83/cwt here — about $387 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 sale278 hd
164.16
—
AR average8 barns · 931 hd
161.01
+3.15
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—Low1,52588.921,35611
CowsBreaker 75-80%Average1,49171.611,0684thin
CowsBoner 80-85%Low1,16966.5777825
CowsLean 85-90%Low93141.8338911

Every lot, as filed

68 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
SteersMedium and Large 2—529134.01/cwt130.00–135.007095
HeifersMedium and Large 1—673132.43/cwt130.00–135.008912
HeifersMedium and Large 1Value Added—660137.67/cwt137.00–138.009093
HeifersMedium and Large 1Value Added—468160.09/cwt155.00–163.0074913
SteersMedium and Large 1—517169.40/cwt160.00–180.0087617
SteersMedium and Large 1—374180.87/cwt175.00–185.006764
SteersMedium and Large 1—614148.43/cwt143.00–154.009119
HeifersMedium and Large 1Value Added—519153.32/cwt151.00–155.007967
HeifersMedium and Large 1Value Added—423160.00/cwt160.00–160.006775
HeifersMedium and Large 1Value Added—574149.41/cwt148.00–151.008588
SteersMedium and Large 2—413146.47/cwt140.00–150.006056
SteersMedium and Large 1Value Added—623154.16/cwt151.00–157.0096013
SteersMedium and Large 2—472141.64/cwt140.00–145.006693
SteersMedium and Large 2—378150.00/cwt150.00–150.005672
SteersMedium and Large 1—328180.10/cwt175.00–190.005913
SteersMedium and Large 1—738140.00/cwt140.00–140.001,0332
SteersMedium and Large 1—416175.38/cwt172.00–180.007308
SteersMedium and Large 1—573155.84/cwt150.00–159.0089311
SteersMedium and Large 1—830145.00/cwt145.00–145.001,2043
SteersMedium and Large 1—765146.31/cwt143.00–148.001,1193
SteersMedium and Large 1—680145.25/cwt140.00–150.009884
SteersMedium and Large 1Value Added—940136.00/cwt136.00–136.001,2782
SteersMedium and Large 1Value Added—500180.00/cwt180.00–180.009003
SteersMedium and Large 1Value Added—720147.38/cwt144.00–149.001,06110
SteersMedium and Large 1Value Added—570176.53/cwt160.00–177.001,00672
SteersMedium and Large 1Value Added—445183.00/cwt183.00–183.008142
SteersMedium and Large 1Value Added—460183.50/cwt183.00–185.008444
SteersMedium and Large 1Value Added—675162.20/cwt151.00–162.501,09576
BullsMedium and Large 1—564141.01/cwt140.00–145.007957
BullsMedium and Large 1—785119.00/cwt119.00–119.009341
BullsMedium and Large 1—663131.19/cwt130.00–135.008705
BullsMedium and Large 1—461152.29/cwt150.00–155.007027
BullsMedium and Large 1—734120.82/cwt115.00–125.008875
BullsMedium and Large 1—629135.40/cwt135.00–137.008525
CowsLean 85-90%—83831.92/cwt30.00–34.002674
CowsLean 85-90%—98447.50/cwt45.00–52.004677
CowsBreaker 75-80%—1,49171.61/cwt68.00–79.001,0684
CowsBoner 80-85%—1,03447.86/cwt45.00–52.004956
Bulls——1,44773.34/cwt71.00–75.001,0613
Bulls——1,633102.53/cwt98.00–105.001,6743
Bulls——1,50890.11/cwt85.00–94.001,3595
CowsBoner 80-85%—1,21077.71/cwt74.00–81.009407
CowsBoner 80-85%—1,21269.42/cwt61.00–75.0084112
Cow-Calf PairsMedium and Large 1-2—1,4701,300.00/cwt1,300.00–1,300.0019,1101
Bred CowsMedium and Large 1-2—1,125752.89/cwt725.00–775.008,4702
Bred CowsMedium and Large 1-2—1,165981.33/cwt925.00–1,050.0011,4322
Bred CowsMedium and Large 1-2—1,1151,096.85/cwt1,050.00–1,175.0012,23010
Bred CowsMedium and Large 1-2—1,1801,225.00/cwt1,225.00–1,225.0014,4551
HeifersMedium and Large 1Value Added—755132.00/cwt132.00–132.009972
HeifersMedium and Large 1—318165.88/cwt162.00–170.005275
HeifersMedium and Large 1—367160.50/cwt155.00–165.005897
HeifersMedium and Large 1—614135.32/cwt133.00–138.008316
HeifersMedium and Large 2—485125.00/cwt125.00–125.006061
HeifersMedium and Large 2—325135.00/cwt130.00–140.004394
HeifersMedium and Large 1—765123.00/cwt123.00–123.009411
HeifersMedium and Large 1—716126.26/cwt124.00–132.009044
HeifersMedium and Large 1—559137.87/cwt130.00–142.007714
HeifersMedium and Large 2—370133.55/cwt130.00–137.004942
HeifersMedium and Large 2—416129.94/cwt125.00–135.005414
HeifersMedium and Large 1—800120.00/cwt120.00–120.009601
SteersMedium and Large 1—470168.54/cwt160.00–177.0079211
HeifersMedium and Large 1—875119.55/cwt115.00–124.001,0462
HeifersMedium and Large 1—525146.60/cwt143.00–151.007705
HeifersMedium and Large 2—528122.95/cwt122.00–125.006493
HeifersMedium and Large 1—424154.21/cwt150.00–157.006545
HeifersMedium and Large 1Value Added—830129.00/cwt129.00–129.001,0712
SteersMedium and Large 2—317149.97/cwt145.00–155.004755
HeifersMedium and Large 1—471149.14/cwt143.00–155.0070222

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.