Sale reports / Arkansas / Hope Livestock Auction Inc. / 2022-03-31

Hope Livestock Auction Inc.

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Hope, Arkansas · Thu, Mar 31
● Final55 lots reportedUSDA AMS · slug 2058
Feeder Cattle receipts
362 head
▼ 166 vs last sale 528▼ 466 vs year ago 828 · −56.3%
Slaughter Cattle receipts
99 head
▲ 19 vs last sale 80▼ 34 vs year ago 133 · −25.6%
Replacement Cattle receipts
15 head
▲ 5 vs last sale 10▼ 5 vs year ago 20 · −25.0%
View

Reporter comment USDA

As filed

Compared to last week: Feeder steers 2.00-7.00 higher. Feeder heifers under 450 lbs. 6.00-12.00 higher; over 450 lbs. 2.00-5.00 higher. Slaugher cows 2.00-5.00 lower. Slaughter bulls 3.00-5.00 lower. Quality was average. Buyer participation was active. Light weight cattle were in high demand.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $176.90/cwt on 74 head.
Average price
$176.90
74 head · 477 lb average
Value per head Derived
$844
Price × average weight ÷ 100
Grade differential Derived
$233
per head · Medium and Large 1 over Medium and Large 2
$26.24/cwt at this weight
vs the market
−3.24
vs AR average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1489181.5188761
Medium and Large 2421155.2765413thin
One grade step is worth $26.24/cwt here — about $233 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 sale74 hd
176.90
—
AR average9 barns · 1,316 hd
180.14
−3.24
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—High1,63596.051,5719thin
CowsBreaker 75-80%Average1,44575.001,0841thin
CowsBoner 80-85%Low1,18065.7977629
CowsLean 85-90%Low92052.334816thin

Every lot, as filed

55 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 1—424166.66/cwt157.00–177.0070714
HeifersMedium and Large 2—425140.00/cwt140.00–140.005951
HeifersMedium and Large 1—370167.36/cwt160.00–175.006196
HeifersMedium and Large 1—312175.18/cwt171.00–180.005476
SteersMedium and Large 1—521179.14/cwt173.00–185.009337
SteersMedium and Large 1—713145.32/cwt144.00–147.001,0363
SteersMedium and Large 1—329194.96/cwt185.00–200.006414
SteersMedium and Large 1—474179.93/cwt175.00–185.008538
SteersMedium and Large 1—670152.96/cwt151.00–155.001,0252
HeifersMedium and Large 2—335145.00/cwt145.00–145.004861
SteersMedium and Large 1—550174.00/cwt174.00–174.009571
SteersMedium and Large 1—425185.94/cwt175.00–197.0079010
SteersMedium and Large 1—370188.27/cwt180.00–199.006977
SteersMedium and Large 2—330164.06/cwt160.00–168.005412
SteersMedium and Large 2—510145.00/cwt145.00–145.007401
SteersMedium and Large 2—378160.13/cwt155.00–165.006053
SteersMedium and Large 1—840135.67/cwt135.00–136.001,1403
SteersMedium and Large 1Value Added—453203.77/cwt199.00–210.009238
SteersMedium and Large 1Value Added—412204.75/cwt200.00–207.008445
SteersMedium and Large 2—465151.00/cwt145.00–155.007025
SteersMedium and Large 1—750141.00/cwt141.00–141.001,0581
BullsMedium and Large 1—810118.42/cwt112.00–125.009592
BullsMedium and Large 1—860107.00/cwt107.00–107.009201
BullsMedium and Large 1—720130.50/cwt125.00–136.009402
BullsMedium and Large 1—518159.00/cwt155.00–165.008246
BullsMedium and Large 1—690135.00/cwt135.00–135.009321
BullsMedium and Large 1—565152.94/cwt146.00–158.008643
CowsLean 85-90%—75532.00/cwt32.00–32.002421
CowsLean 85-90%—95356.40/cwt55.00–58.005375
CowsBreaker 75-80%—1,44575.00/cwt75.00–75.001,0841
CowsBoner 80-85%—1,05952.44/cwt48.00–55.005555
CowsBoner 80-85%—1,19965.86/cwt61.00–72.0079019
Bulls——1,895112.00/cwt112.00–112.002,1221
Bulls——1,60394.06/cwt84.00–103.001,5088
CowsBoner 80-85%—1,22678.85/cwt75.00–84.009675
Bred CowsMedium and Large 1-2—1,1851,350.00/cwt1,350.00–1,350.0015,9981
Cow-Calf PairsMedium and Large 1-2—1,3101,184.54/cwt1,075.00–1,280.0015,5172
Cow-Calf PairsMedium and Large 1-2—1,4851,450.00/cwt1,450.00–1,450.0021,5331
Cow-Calf PairsMedium and Large 1-2—1,6201,400.00/cwt1,400.00–1,400.0022,6801
Bred CowsMedium and Large 1-2—1,190900.00/cwt900.00–900.0010,7101
Bred CowsMedium and Large 1-2—9501,050.00/cwt1,050.00–1,050.009,9751
HeifersMedium and Large 1—772122.66/cwt122.00–123.009473
HeifersMedium and Large 1—576146.63/cwt142.00–151.008455
HeifersMedium and Large 1—507150.99/cwt145.00–155.007667
BullsMedium and Large 1—640139.05/cwt133.00–145.008902
BullsMedium and Large 1—464164.47/cwt160.00–168.007636
HeifersMedium and Large 1Value Added—520160.00/cwt160.00–160.008323
SteersMedium and Large 2—425155.00/cwt155.00–155.006592
HeifersMedium and Large 1—472156.28/cwt151.00–165.007387
HeifersMedium and Large 1—818116.34/cwt110.00–127.009525
HeifersMedium and Large 2—540130.00/cwt130.00–130.007021
HeifersMedium and Large 1—720131.00/cwt131.00–131.009432
HeifersMedium and Large 2—355147.00/cwt147.00–147.005221
SteersMedium and Large 1—620151.94/cwt150.00–154.009422
HeifersMedium and Large 1—660134.01/cwt130.00–137.008843

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.