Sale reports / Arkansas / Hope Livestock Auction Inc. / 2022-03-03

Hope Livestock Auction Inc.

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Hope, Arkansas · Thu, Mar 3
● Final62 lots reportedUSDA AMS · slug 2058
Feeder Cattle receipts
946 head
▲ 172 vs last sale 774▲ 517 vs year ago 429 · +120.5%
Slaughter Cattle receipts
141 head
▼ 22 vs last sale 163▲ 81 vs year ago 60 · +135.0%
Replacement Cattle receipts
15 head
▼ 25 vs last sale 40▲ 5 vs year ago 10 · +50.0%
View

Reporter comment USDA

As filed

Compared to two weeks ago: Feeder steers under 400 lbs. 5.00-10.00 higher; over 400 lbs. 3.00-8.00 lower. Feeder heifers 3.00-7.00 lower. Slaughter cows steady to 3.00 higher. Slaughter bulls steady to 2.00 higher. Quality was plain to average. Light weight calves were in high demand.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $179.48/cwt on 127 head.
Average price
$179.48
127 head · 482 lb average
Value per head Derived
$865
Price × average weight ÷ 100
Grade differential Derived
$244
per head · Medium and Large 1 over Medium and Large 2
$27.85/cwt at this weight
vs the market
−0.62
vs AR average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1493184.08908106
Medium and Large 2425156.2366321
One grade step is worth $27.85/cwt here — about $244 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 sale127 hd
179.48
—
AR average8 barns · 2,283 hd
180.10
−0.62
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—Low1,67791.091,52717
CowsBreaker 75-80%Average1,47079.441,1682thin
CowsBoner 80-85%High1,19377.0591924
CowsLean 85-90%Low92549.3045613

Every lot, as filed

62 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—425140.00/cwt140.00–140.005951
SteersMedium and Large 2—460149.99/cwt145.00–155.006904
SteersMedium and Large 1Value Added—615167.00/cwt167.00–167.001,0272
SteersMedium and Large 1—561169.82/cwt160.00–177.009538
SteersMedium and Large 1—422192.41/cwt180.00–210.0081220
HeifersMedium and Large 1Value Added—529159.74/cwt155.00–163.0084512
HeifersMedium and Large 1Value Added—550160.00/cwt157.00–163.008802
SteersMedium and Large 1—620157.54/cwt150.00–163.009776
SteersMedium and Large 1Value Added—660165.00/cwt165.00–165.001,0892
SteersMedium and Large 1—383205.10/cwt190.00–220.007864
SteersMedium and Large 2—413154.69/cwt150.00–165.006396
SteersMedium and Large 2—385168.99/cwt168.00–170.006512
SteersMedium and Large 2—330168.36/cwt160.00–175.005565
SteersMedium and Large 1Value Added—515184.33/cwt182.00–188.009496
SteersMedium and Large 1Value Added—431197.68/cwt192.00–203.008529
SteersMedium and Large 1—715143.61/cwt141.00–145.001,0273
SteersMedium and Large 1—810141.99/cwt140.00–144.001,1502
SteersMedium and Large 2—620125.00/cwt125.00–125.007751
SteersMedium and Large 2—520149.33/cwt148.00–150.007773
SteersMedium and Large 1Value Added—574176.56/cwt175.00–177.001,0139
SteersMedium and Large 1Value Added—338226.53/cwt225.00–228.007664
SteersMedium and Large 1Value Added—700150.00/cwt150.00–150.001,0502
SteersMedium and Large 1—512174.55/cwt170.00–181.008947
SteersMedium and Large 1Value Added—395215.00/cwt215.00–215.008492
SteersMedium and Large 1Value Added—450197.00/cwt197.00–197.008872
BullsMedium and Large 1—760133.00/cwt133.00–133.001,0111
BullsMedium and Large 1—720129.00/cwt129.00–129.009291
BullsMedium and Large 1—532154.84/cwt150.00–163.008246
BullsMedium and Large 1—582150.96/cwt148.00–155.008793
BullsMedium and Large 1—472166.16/cwt163.00–168.007846
BullsMedium and Large 1—625139.92/cwt135.00–145.008742
CowsBreaker 75-80%—1,47079.44/cwt79.00–80.001,1682
CowsBoner 80-85%—1,37990.26/cwt86.00–94.001,2455
CowsBoner 80-85%—1,16376.86/cwt70.00–83.0089416
CowsLean 85-90%—85239.77/cwt37.00–43.003397
Bulls——1,38372.19/cwt70.00–75.009984
Bulls——1,75294.61/cwt86.00–100.001,65811
Bulls——1,850109.53/cwt108.00–111.002,0262
CowsBoner 80-85%—1,04556.01/cwt55.00–58.005853
CowsLean 85-90%—1,01160.42/cwt56.00–64.006116
Cow-Calf PairsMedium and Large 1-2—1,085900.00/cwt900.00–900.009,7651
Cow-Calf PairsMedium and Large 1-2—1,2491,070.82/cwt900.00–1,275.0013,3755
Bred CowsMedium and Large 1-2—1,2101,200.00/cwt1,200.00–1,200.0014,5201
Bred CowsMedium and Large 1-2—1,050825.24/cwt800.00–850.008,6652
Bred CowsMedium and Large 1-2—1,0001,175.00/cwt1,175.00–1,175.0011,7501
Bred CowsMedium and Large 1-2—1,2101,183.99/cwt1,100.00–1,250.0014,3262
HeifersMedium and Large 1—568145.79/cwt140.00–153.008288
HeifersMedium and Large 1—377165.12/cwt160.00–170.006238
HeifersMedium and Large 2—325140.00/cwt140.00–140.004551
HeifersMedium and Large 1—514152.02/cwt151.00–154.007814
HeifersMedium and Large 1Value Added—616152.97/cwt151.00–155.009427
HeifersMedium and Large 1Value Added—463167.93/cwt163.00–169.5077813
SteersMedium and Large 1—479181.43/cwt175.00–188.0086912
HeifersMedium and Large 1—320168.46/cwt165.00–172.005394
HeifersMedium and Large 2—471136.38/cwt130.00–145.006424
HeifersMedium and Large 2—378142.27/cwt140.00–145.005383
HeifersMedium and Large 2—538125.00/cwt125.00–125.006732
HeifersMedium and Large 1—665135.00/cwt135.00–135.008981
SteersMedium and Large 1—309209.73/cwt198.00–230.006486
HeifersMedium and Large 1—628141.52/cwt140.00–143.008894
HeifersMedium and Large 1—422163.58/cwt155.00–168.0069013
HeifersMedium and Large 1—473159.10/cwt150.00–169.0075311

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.