Sale reports / Arkansas / Hope Livestock Auction Inc. / 2022-03-24

Hope Livestock Auction Inc.

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Hope, Arkansas · Thu, Mar 24
● Final46 lots reportedUSDA AMS · slug 2058
Feeder Cattle receipts
528 head
▼ 82 vs last sale 610▼ 139 vs year ago 667 · −20.8%
Slaughter Cattle receipts
80 head
▲ 5 vs last sale 75▲ 12 vs year ago 68 · +17.6%
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 2.00-8.00 lower. Feeder heifers under 450 lbs. 2.00-8.00 lower; over 450 lbs. 2.00-7.00 higher. Slaughter cows 3.00-5.00 lower. Slaugher bulls steady to 3.00 higher. Quality was plain to average. Buyer activity was limited. Sold three loads of cattle on video. View seperate link to see video auction results.

Weight class

Heifers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb heifers averaged $149.66/cwt on 64 head.
Average price
$149.66
64 head · 505 lb average
Value per head Derived
$755
Price × average weight ÷ 100
Grade differential Derived
$157
per head · Medium and Large 1 over Medium and Large 2
$23.50/cwt at this weight
vs the market
−1.92
vs AR average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1508152.5977656
Medium and Large 2479129.096198thin
One grade step is worth $23.50/cwt here — about $157 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 sale64 hd
149.66
—
AR average9 barns · 1,004 hd
151.57
−1.92
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—Average1,69893.531,5889thin
CowsBoner 80-85%Average1,21374.8690816
CowsBreaker 75-80%Average1,27074.009401thin
CowsLean 85-90%Average91450.154586thin

Every lot, as filed

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.
ClassGrade / descriptionWeightAvg wtPriceRangePer headHead
BullsMedium and Large 1—473158.33/cwt155.00–160.007493
BullsMedium and Large 1—532155.38/cwt152.00–159.008273
BullsMedium and Large 1—570150.00/cwt150.00–150.008551
BullsMedium and Large 1—625141.00/cwt141.00–141.008811
HeifersMedium and Large 1—435155.50/cwt150.00–160.006767
HeifersMedium and Large 1—750115.00/cwt115.00–115.008631
SteersMedium and Large 1—790140.00/cwt140.00–140.001,1061
SteersMedium and Large 1—422179.37/cwt173.00–185.007579
SteersMedium and Large 1—635150.00/cwt150.00–150.009531
SteersMedium and Large 1—662148.01/cwt147.00–150.009803
SteersMedium and Large 1—374188.17/cwt180.00–203.007046
SteersMedium and Large 1Value Added—525198.00/cwt198.00–198.001,0404
SteersMedium and Large 1Value Added—485188.00/cwt188.00–188.009122
SteersMedium and Large 2—462146.71/cwt145.00–150.006783
SteersMedium and Large 1Value Added—440200.00/cwt200.00–200.008802
HeifersMedium and Large 1—318162.88/cwt160.00–170.005184
HeifersMedium and Large 1Value Added—513162.02/cwt161.00–163.008314
SteersMedium and Large 1—560171.99/cwt166.00–180.009633
SteersMedium and Large 1Value Added—620159.00/cwt159.00–159.009862
SteersMedium and Large 1Value Added—570187.00/cwt187.00–187.001,0662
SteersMedium and Large 1—476177.37/cwt172.00–183.008448
HeifersMedium and Large 2—570125.00/cwt125.00–125.007131
HeifersMedium and Large 1—623142.23/cwt135.00–150.008864
SteersMedium and Large 2—383150.00/cwt150.00–150.005752
SteersMedium and Large 2—425152.00/cwt150.00–154.006462
HeifersMedium and Large 2—475126.94/cwt124.00–130.006032
HeifersMedium and Large 1—566148.78/cwt140.00–155.0084210
HeifersMedium and Large 1—660150.97/cwt149.00–153.009962
HeifersMedium and Large 1Value Added—580157.00/cwt157.00–157.009112
HeifersMedium and Large 1Replacement—675900.00/cwt900.00–900.006,0753
SteersMedium and Large 1—526178.89/cwt170.00–187.0094110
HeifersMedium and Large 1—527152.29/cwt147.00–161.008039
HeifersMedium and Large 2—380137.53/cwt135.00–140.005232
HeifersMedium and Large 1—710129.44/cwt121.00–138.009192
HeifersMedium and Large 2—518126.26/cwt122.00–130.006543
HeifersMedium and Large 1—472154.70/cwt145.00–161.007305
HeifersMedium and Large 1—366161.08/cwt155.00–165.005906
Bred CowsMedium and Large 1-2—1,1801,125.00/cwt1,125.00–1,125.0013,2751
Bred CowsMedium and Large 1-2—1,2701,011.91/cwt1,000.00–1,025.0012,8512
Stock CowsMedium and Large 1-2—9911,126.82/cwt1,050.00–1,180.0011,1675
Bulls——1,77198.96/cwt93.00–104.001,7537
Bulls——1,44374.52/cwt70.00–79.001,0752
CowsLean 85-90%—98757.01/cwt55.00–59.005633
CowsLean 85-90%—84043.29/cwt42.00–45.003643
CowsBoner 80-85%—1,21374.86/cwt65.00–81.0090816
CowsBreaker 75-80%—1,27074.00/cwt74.00–74.009401

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.