Sale reports / Arkansas / Hope Livestock Auction Inc. / 2022-05-12

Hope Livestock Auction Inc.

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Hope, Arkansas · Thu, May 12
● Final41 lots reportedUSDA AMS · slug 2058
Feeder Cattle receipts
543 head
▲ 97 vs last sale 446▲ 32 vs year ago 511 · +6.3%
Slaughter Cattle receipts
150 head
▲ 20 vs last sale 130▼ 9 vs year ago 159 · −5.7%
Replacement Cattle receipts
30 head
▲ 20 vs last sale 10▼ 110 vs year ago 140 · −78.6%
View

Reporter comment USDA

As filed

Compared to last week: Feeder steers under 550 lbs. 7.00-15.00 lower; over 550 lbs. 1.00-3.00 lower. Feeder heifers under 450 lbs. 8.00-11.00 lower; over 450 lbs. steady to 3.00 higher. Slaughter cows 3.00-5.00 higher. Slaughter bulls steady. Quality was plain. Market was softer on most classes of feeder cattle. Cattle futures have seen cheaper prices over last week or so and has bled down in the auction market. Buyer activity was more reluctant this week.

Weight class

Heifers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb heifers averaged $151.32/cwt on 73 head.
Average price
$151.32
73 head · 435 lb average
Value per head Derived
$658
Price × average weight ÷ 100
Grade differential Derived
$91
per head · Medium and Large 1 over Medium and Large 2
$23.35/cwt at this weight
vs the market
−3.83
vs AR average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1434153.8866865
Medium and Large 2442130.535778thin
One grade step is worth $23.35/cwt here — about $91 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 sale73 hd
151.32
—
AR average9 barns · 1,703 hd
155.15
−3.83
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—Low1,55782.091,2789thin
CowsBoner 80-85%Average1,19067.9880937
CowsLean 85-90%Average94248.6845917

Every lot, as filed

41 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—485155.00/cwt155.00–155.007522
BullsMedium and Large 1—638140.00/cwt140.00–140.008932
BullsMedium and Large 1—525151.95/cwt150.00–155.007983
BullsMedium and Large 1—656130.52/cwt120.00–135.008564
BullsMedium and Large 1—700127.00/cwt127.00–127.008891
BullsMedium and Large 1—588139.33/cwt138.00–140.008193
SteersMedium and Large 2—513140.00/cwt140.00–140.007182
SteersMedium and Large 1—369183.11/cwt180.00–188.006767
SteersMedium and Large 2—422148.38/cwt145.00–153.006265
SteersMedium and Large 1—318191.77/cwt188.00–200.006103
SteersMedium and Large 1—568160.57/cwt155.00–169.009127
SteersMedium and Large 1—755137.00/cwt137.00–137.001,0341
SteersMedium and Large 1—424174.48/cwt170.00–178.007408
SteersMedium and Large 2—490146.01/cwt145.00–147.007152
SteersMedium and Large 1—705140.00/cwt140.00–140.009871
HeifersMedium and Large 1—325161.21/cwt155.00–167.005249
SteersMedium and Large 1—611149.81/cwt145.00–153.009154
SteersMedium and Large 2—377154.62/cwt146.00–159.005836
HeifersMedium and Large 1—372156.06/cwt150.00–165.0058112
HeifersMedium and Large 1—473152.62/cwt145.00–163.0072215
HeifersMedium and Large 1—417153.13/cwt145.00–163.0063917
SteersMedium and Large 1—520166.33/cwt160.00–172.008659
SteersMedium and Large 1—663145.34/cwt145.00–146.009643
SteersMedium and Large 1—460170.39/cwt165.00–175.007845
HeifersMedium and Large 1—526153.30/cwt145.00–160.008067
HeifersMedium and Large 2—532122.30/cwt120.00–125.006513
HeifersMedium and Large 1—685133.00/cwt133.00–133.009111
HeifersMedium and Large 1—566145.02/cwt138.00–150.008214
HeifersMedium and Large 2—375139.11/cwt130.00–152.005223
HeifersMedium and Large 2—408130.00/cwt130.00–130.005302
Cow-Calf PairsMedium and Large 1-2—1,1651,014.65/cwt875.00–1,100.0011,82111
Cow-Calf PairsMedium and Large 1-2—1,1231,406.61/cwt1,225.00–1,525.0015,7965
Bred CowsMedium and Large 1-2—9781,125.58/cwt1,100.00–1,150.0011,0082
Bred CowsMedium and Large 1-2—1,070850.39/cwt800.00–900.009,0993
Bulls——1,35170.87/cwt68.00–75.009574
CowsBoner 80-85%—1,17967.42/cwt60.00–73.0079521
CowsBoner 80-85%—1,30078.52/cwt75.00–82.001,02110
CowsBoner 80-85%—1,04452.36/cwt50.00–55.005476
CowsLean 85-90%—98352.87/cwt45.00–56.0052013
Bulls——1,72291.06/cwt86.00–93.001,5685
CowsLean 85-90%—80935.05/cwt31.00–37.002844

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.