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
Bulls—High1,63985.231,39718
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 1—368152.99/cwt150.00–160.005639
HeifersMedium and Large 1—660122.46/cwt120.00–125.008082
HeifersMedium and Large 1—415150.62/cwt148.00–155.006255
HeifersMedium and Large 2—525126.30/cwt125.00–129.006633
HeifersMedium and Large 1—615136.32/cwt133.00–141.008383
SteersMedium and Large 2—420150.80/cwt147.00–158.006333
SteersMedium and Large 2—565127.46/cwt125.00–130.007202
SteersMedium and Large 1—417178.43/cwt170.00–187.0074412
SteersMedium and Large 1—860120.00/cwt120.00–120.001,0322
SteersMedium and Large 1—576156.05/cwt150.00–169.008997
SteersMedium and Large 1—373188.03/cwt170.00–205.007016
SteersMedium and Large 2—520139.86/cwt135.00–147.007276
SteersMedium and Large 1—613146.74/cwt140.00–152.009008
SteersMedium and Large 1—468171.83/cwt165.00–180.008048
SteersMedium and Large 1—513167.17/cwt160.00–178.008585
SteersMedium and Large 2—473142.51/cwt140.00–145.006742
SteersMedium and Large 2—375155.00/cwt155.00–155.005811
SteersMedium and Large 2—625125.00/cwt125.00–125.007811
SteersMedium and Large 1—828131.98/cwt130.00–134.001,0932
SteersMedium and Large 1—718134.56/cwt130.00–138.009667
SteersMedium and Large 1—341185.38/cwt165.00–200.006325
SteersMedium and Large 1—671137.93/cwt133.00–145.009265
BullsMedium and Large 1—667127.30/cwt125.00–130.008493
BullsMedium and Large 1—527141.69/cwt140.00–145.007473
BullsMedium and Large 1—460160.00/cwt160.00–160.007363
BullsMedium and Large 1—581141.13/cwt135.00–145.008207
BullsMedium and Large 1—725127.00/cwt127.00–127.009211
BullsMedium and Large 1—614134.50/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
Bulls——1,82595.98/cwt95.00–97.001,7522
Bulls——1,33172.56/cwt68.00–78.009664
Bulls——1,71187.66/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 1-2—1,1931,397.42/cwt1,300.00–1,475.0016,6715
Cow-Calf PairsMedium and Large 1-2—1,2081,294.98/cwt1,225.00–1,350.0015,6434
Cow-Calf PairsMedium and Large 1-2—1,161973.89/cwt925.00–1,000.0011,3073
Bred CowsMedium and Large 1-2—855800.00/cwt800.00–800.006,8401
Bred CowsMedium and Large 1-2—1,059955.76/cwt825.00–1,050.0010,1214
Bred CowsMedium and Large 1-2—8781,089.74/cwt1,000.00–1,175.009,5682
Bred CowsMedium and Large 1-2—1,000900.00/cwt900.00–900.009,0001
Cow-Calf PairsMedium and Large 1-2—1,2301,475.61/cwt1,450.00–1,500.0018,1502
Cow-Calf PairsMedium and Large 1-2—1,0001,275.00/cwt1,275.00–1,275.0012,7501
Cow-Calf PairsMedium and Large 1-2—1,1601,000.00/cwt1,000.00–1,000.0011,6001
HeifersMedium and Large 1—318158.35/cwt155.00–160.005043
HeifersMedium and Large 2—430130.00/cwt130.00–130.005592
HeifersMedium and Large 2—375135.00/cwt135.00–135.005062
HeifersMedium and Large 2—327136.41/cwt135.00–139.004463
HeifersMedium and Large 2—465135.00/cwt135.00–135.006281
HeifersMedium and Large 1—575143.78/cwt140.00–150.008278
HeifersMedium and Large 1—522145.85/cwt140.00–153.0076116
HeifersMedium and Large 1—480146.39/cwt142.00–155.0070310
HeifersMedium and Large 1—723118.33/cwt115.00–120.008563
SteersMedium and Large 1—759131.58/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.