Sale reports / Arkansas / Hope Livestock Auction Inc. / 2022-05-19

Hope Livestock Auction Inc.

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Hope, Arkansas · Thu, May 19
● Final57 lots reportedUSDA AMS · slug 2058
Feeder Cattle receipts
475 head
68 vs last sale 543 475 vs year ago 0 · no sale a year ago
Slaughter Cattle receipts
219 head
69 vs last sale 150 219 vs year ago 0 · no sale a year ago
Replacement Cattle receipts
55 head
25 vs last sale 30 55 vs year ago 0 · no sale a year ago
View

Reporter comment USDA

As filed

Compared to last week: Feeder steers under 550 lbs. 1.00-5.00 higher; over 550 lbs. 3.00-7.00 lower. Feeder heifers 3.00-8.00 lower. Slaughter cows 1.00-3.00 lower. Slaughter bulls 2.00 lower. Quality was average. Buyer activity was good just not as eager to buy the new crop calves. Feeder cattle futures have been softer over last week resulting in a softer tone in the market.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $156.07/cwt on 87 head.
Average price
$156.07
87 head · 543 lb average
Value per head Derived
$847
Price × average weight ÷ 100
Grade differential Derived
$179
per head · Medium and Large 1 over Medium and Large 2
$18.49/cwt at this weight
vs the market
17.75
vs AR average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1552159.2687972
Medium and Large 2497140.7770015thin
One grade step is worth $18.49/cwt here — about $179 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 sale87 hd
156.07
AR average9 barns · 1,329 hd
173.82
−17.75
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
BullsHigh1,63985.231,39718
CowsBoner 80-85%Average1,22467.6282850
CowsBreaker 75-80%Average1,51763.099573thin
CowsLean 85-90%Low94749.7347125

Every lot, as filed

57 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 1368152.99/cwt150.00–160.005639
HeifersMedium and Large 1660122.46/cwt120.00–125.008082
HeifersMedium and Large 1415150.62/cwt148.00–155.006255
HeifersMedium and Large 2525126.30/cwt125.00–129.006633
HeifersMedium and Large 1615136.32/cwt133.00–141.008383
SteersMedium and Large 2420150.80/cwt147.00–158.006333
SteersMedium and Large 2565127.46/cwt125.00–130.007202
SteersMedium and Large 1417178.43/cwt170.00–187.0074412
SteersMedium and Large 1860120.00/cwt120.00–120.001,0322
SteersMedium and Large 1576156.05/cwt150.00–169.008997
SteersMedium and Large 1373188.03/cwt170.00–205.007016
SteersMedium and Large 2520139.86/cwt135.00–147.007276
SteersMedium and Large 1613146.74/cwt140.00–152.009008
SteersMedium and Large 1468171.83/cwt165.00–180.008048
SteersMedium and Large 1513167.17/cwt160.00–178.008585
SteersMedium and Large 2473142.51/cwt140.00–145.006742
SteersMedium and Large 2375155.00/cwt155.00–155.005811
SteersMedium and Large 2625125.00/cwt125.00–125.007811
SteersMedium and Large 1828131.98/cwt130.00–134.001,0932
SteersMedium and Large 1718134.56/cwt130.00–138.009667
SteersMedium and Large 1341185.38/cwt165.00–200.006325
SteersMedium and Large 1671137.93/cwt133.00–145.009265
BullsMedium and Large 1667127.30/cwt125.00–130.008493
BullsMedium and Large 1527141.69/cwt140.00–145.007473
BullsMedium and Large 1460160.00/cwt160.00–160.007363
BullsMedium and Large 1581141.13/cwt135.00–145.008207
BullsMedium and Large 1725127.00/cwt127.00–127.009211
BullsMedium and Large 1614134.50/cwt132.00–137.008266
CowsLean 85-90%81234.23/cwt30.00–38.002786
CowsLean 85-90%98954.63/cwt45.00–62.0054019
CowsBreaker 75-80%1,51763.09/cwt60.00–65.009573
Bulls1,82595.98/cwt95.00–97.001,7522
Bulls1,33172.56/cwt68.00–78.009664
Bulls1,71187.66/cwt84.00–93.001,50012
CowsBoner 80-85%1,19567.16/cwt58.00–72.0080331
CowsBoner 80-85%1,06548.43/cwt45.00–53.005165
CowsBoner 80-85%1,34675.48/cwt72.00–79.001,01614
Cow-Calf PairsMedium and Large 1-21,1931,397.42/cwt1,300.00–1,475.0016,6715
Cow-Calf PairsMedium and Large 1-21,2081,294.98/cwt1,225.00–1,350.0015,6434
Cow-Calf PairsMedium and Large 1-21,161973.89/cwt925.00–1,000.0011,3073
Bred CowsMedium and Large 1-2855800.00/cwt800.00–800.006,8401
Bred CowsMedium and Large 1-21,059955.76/cwt825.00–1,050.0010,1214
Bred CowsMedium and Large 1-28781,089.74/cwt1,000.00–1,175.009,5682
Bred CowsMedium and Large 1-21,000900.00/cwt900.00–900.009,0001
Cow-Calf PairsMedium and Large 1-21,2301,475.61/cwt1,450.00–1,500.0018,1502
Cow-Calf PairsMedium and Large 1-21,0001,275.00/cwt1,275.00–1,275.0012,7501
Cow-Calf PairsMedium and Large 1-21,1601,000.00/cwt1,000.00–1,000.0011,6001
HeifersMedium and Large 1318158.35/cwt155.00–160.005043
HeifersMedium and Large 2430130.00/cwt130.00–130.005592
HeifersMedium and Large 2375135.00/cwt135.00–135.005062
HeifersMedium and Large 2327136.41/cwt135.00–139.004463
HeifersMedium and Large 2465135.00/cwt135.00–135.006281
HeifersMedium and Large 1575143.78/cwt140.00–150.008278
HeifersMedium and Large 1522145.85/cwt140.00–153.0076116
HeifersMedium and Large 1480146.39/cwt142.00–155.0070310
HeifersMedium and Large 1723118.33/cwt115.00–120.008563
SteersMedium and Large 1759131.58/cwt130.00–134.009995

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.