Sale reports / Arkansas / Hope Livestock Auction Inc. / 2022-04-28

Hope Livestock Auction Inc.

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Hope, Arkansas · Thu, Apr 28
● Final55 lots reportedUSDA AMS · slug 2058
Feeder Cattle receipts
435 head
▲ 126 vs last sale 309▼ 20 vs year ago 455 · −4.4%
Slaughter Cattle receipts
116 head
▲ 29 vs last sale 87▼ 70 vs year ago 186 · −37.6%
Replacement Cattle receipts
15 head
▼ 5 vs last sale 20▼ 25 vs year ago 40 · −62.5%
View

Reporter comment USDA

As filed

Compared to two weeks ago: Feeder steers 3.00-6.00 higher. Feeder heifers unevenly steady except 450-600 lbs. were 8.00-12.00 higher. Slaughter cows 2.00-4.00 higher. Slaughter bulls 2.00-3.00 lower. Quality was average to plain. Buyers were very aggressive on cattle suitable to go to grass.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $183.74/cwt on 99 head.
Average price
$183.74
99 head · 474 lb average
Value per head Derived
$871
Price × average weight ÷ 100
Grade differential Derived
$218
per head · Medium and Large 1 over Medium and Large 2
$39.02/cwt at this weight
vs the market
+4.40
vs AR average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1476187.6889489
Medium and Large 2455148.6667610thin
One grade step is worth $39.02/cwt here — about $218 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 sale99 hd
183.74
—
AR average8 barns · 1,131 hd
179.34
+4.40
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—Average1,76589.841,58612
CowsBoner 80-85%High1,21169.9284733
CowsBreaker 75-80%Average1,49365.649803thin
CowsLean 85-90%Average90548.4943910

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—723131.01/cwt130.00–132.009472
HeifersMedium and Large 1—521153.59/cwt146.00–165.008006
SteersMedium and Large 1Value Added—465189.40/cwt187.00–191.008815
SteersMedium and Large 1—702145.34/cwt144.00–147.001,0203
SteersMedium and Large 1Value Added—518185.49/cwt185.00–186.009614
SteersMedium and Large 1—376203.86/cwt190.00–220.0076719
SteersMedium and Large 1—328215.87/cwt200.00–230.0070811
HeifersMedium and Large 1—568147.96/cwt140.00–159.008406
SteersMedium and Large 1—685145.00/cwt145.00–145.009931
SteersMedium and Large 1—517174.65/cwt165.00–188.009038
SteersMedium and Large 2—535143.43/cwt140.00–147.007672
SteersMedium and Large 2—385158.50/cwt157.00–160.006102
SteersMedium and Large 2—550140.00/cwt140.00–140.007701
SteersMedium and Large 2—420150.69/cwt148.00–155.006334
SteersMedium and Large 1Value Added—578175.87/cwt172.50–182.501,0173
SteersMedium and Large 1Value Added—608171.86/cwt170.00–175.001,0458
SteersMedium and Large 1—625155.70/cwt145.00–165.009736
SteersMedium and Large 2—475140.00/cwt140.00–140.006651
SteersMedium and Large 1—578166.00/cwt165.00–168.009593
SteersMedium and Large 1—425189.29/cwt187.00–191.008043
SteersMedium and Large 1Value Added—416208.77/cwt201.00–215.008688
BullsMedium and Large 1—466160.30/cwt155.00–165.007476
BullsMedium and Large 1—650125.00/cwt125.00–125.008131
BullsMedium and Large 1—715125.00/cwt125.00–125.008941
BullsMedium and Large 1—584141.97/cwt133.00–145.008294
BullsMedium and Large 1—630136.61/cwt135.00–140.008613
BullsMedium and Large 1—518151.66/cwt145.00–155.007863
CowsBoner 80-85%—1,29678.51/cwt75.00–83.001,01714
CowsBoner 80-85%—1,18266.96/cwt63.00–73.0079115
CowsLean 85-90%—96657.02/cwt53.00–62.005516
CowsBreaker 75-80%—1,49365.64/cwt65.00–67.009803
CowsBoner 80-85%—1,02050.99/cwt50.00–52.005204
Bulls——1,66689.70/cwt85.00–95.001,4948
Bulls——1,38565.00/cwt65.00–65.009001
Bulls——2,15798.49/cwt97.00–100.002,1243
CowsLean 85-90%—81335.69/cwt30.00–38.002904
Cow-Calf PairsMedium and Large 1-2—1,4631,251.63/cwt1,200.00–1,285.0018,3113
Bred CowsMedium and Large 1-2—1,124792.77/cwt750.00–850.008,9114
Bred CowsMedium and Large 1-2—1,230940.00/cwt940.00–940.0011,5621
HeifersMedium and Large 2—421134.72/cwt130.00–139.005674
HeifersMedium and Large 1Value Added—560152.73/cwt150.00–155.008558
HeifersMedium and Large 2—325140.00/cwt140.00–140.004551
HeifersMedium and Large 1—368164.72/cwt155.00–173.006066
HeifersMedium and Large 1Value Added—460167.50/cwt167.50–167.507712
HeifersMedium and Large 2—375140.00/cwt140.00–140.005252
HeifersMedium and Large 1—426156.63/cwt150.00–162.006676
SteersMedium and Large 1Value Added—650161.00/cwt161.00–161.001,0472
HeifersMedium and Large 1—673137.49/cwt137.00–138.009252
HeifersMedium and Large 1—618137.49/cwt134.00–140.008506
HeifersMedium and Large 1—466153.35/cwt146.00–161.007155
HeifersMedium and Large 1—328164.19/cwt160.00–175.005394
HeifersMedium and Large 1Value Added—613148.46/cwt145.00–152.009108
SteersMedium and Large 1—465178.79/cwt172.00–188.008315
HeifersMedium and Large 1Value Added—535167.00/cwt167.00–167.008932
HeifersMedium and Large 1Value Added—440170.00/cwt170.00–170.007482

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.