Sale reports / Arkansas / Hope Livestock Auction Inc. / 2022-07-21

Hope Livestock Auction Inc.

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Hope, Arkansas · Thu, Jul 21
● Final66 lots reportedUSDA AMS · slug 2058
Feeder Cattle receipts
1,039 head
72 vs last sale 967 134 vs year ago 905 · +14.8%
Slaughter Cattle receipts
225 head
18 vs last sale 243 10 vs year ago 235 · 4.3%
Replacement Cattle receipts
25 head
25 vs last sale 0 65 vs year ago 90 · 72.2%
View

Reporter comment USDA

As filed

Compared to last week: Feeder steers under 400 lbs 12.00-15.00 higher, over 400 lbs steady to 5.00 higher. Feeder heifers steady to 4.00 higher. Slaughter cows 8.00-12.00 lower. Slaughter bulls 6.00 lower. Quality was average to attractive. Buyer activity was good. Dry weather has pasture conditions in poor shape but market on calves and yearlings is still strong. Slaughter cattle are much softer with more on offer across the area. Sold 3 loads of cattle on video that brought a premium.

Weight class

Heifers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb heifers averaged $148.68/cwt on 261 head.
Average price
$148.68
261 head · 626 lb average
Value per head Derived
$931
Price × average weight ÷ 100
Grade differential Derived
$385
per head · Medium and Large 1 over Medium and Large 2
$21.72/cwt at this weight
vs the market
+7.30
vs AR average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1638150.01957245
Medium and Large 2445128.2957116thin
One grade step is worth $21.72/cwt here — about $385 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 sale261 hd
148.68
AR average8 barns · 1,771 hd
141.38
+7.30
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
BullsAverage1,65981.201,3474thin
CowsBoner 80-85%High1,20157.8369461
CowsBreaker 75-80%Average1,30553.006921thin
CowsLean 85-90%Low93845.3342528

Replacement cattle Per head

By class, stage and age
Bred stock and pairs are reported per head, not per hundredweight — these prices are never mixed with the $/cwt figures above.
ClassStageAgeAvg wt$/headHead
Bred Cows2nd Stage (4-6 mo)Young (2-4 yrs)1,012$8963thin
Bred Cows2nd Stage (4-6 mo)Middle Aged (5-8 yrs)1,158$8032thin
Bred Cows3rd Stage (7-9 mo)Aged (>8 yrs)920$7501thin
Cow-Calf PairsOpenYoung (2-4 yrs)1,373$1,2132thin
Cow-Calf PairsOpenMiddle Aged (5-8 yrs)1,227$1,0743thin
Cow-Calf PairsOpenAged (>8 yrs)1,340$1,0002thin

Every lot, as filed

66 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 1885112.00/cwt112.00–112.009911
HeifersMedium and Large 2464126.77/cwt125.00–128.005885
SteersMedium and Large 1372187.94/cwt180.00–200.0069910
SteersMedium and Large 1622150.92/cwt145.00–155.0093911
HeifersMedium and Large 1Value Added558148.00/cwt145.00–153.008268
HeifersMedium and Large 1Value Added625140.00/cwt140.00–140.008753
HeifersMedium and Large 1Value Added505152.48/cwt150.00–155.007706
HeifersMedium and Large 1Value Added695132.00/cwt132.00–132.009172
SteersMedium and Large 2463140.64/cwt135.00–146.006518
SteersMedium and Large 2345152.50/cwt150.00–155.005262
SteersMedium and Large 2575132.00/cwt132.00–132.007591
SteersMedium and Large 2535135.00/cwt135.00–135.007221
SteersMedium and Large 2427145.98/cwt140.00–148.0062311
SteersMedium and Large 1661148.25/cwt141.00–154.009804
SteersMedium and Large 1572153.68/cwt150.00–160.008799
SteersMedium and Large 1473164.03/cwt160.00–170.007764
SteersMedium and Large 1424171.49/cwt160.00–185.007278
SteersMedium and Large 2369150.53/cwt150.00–153.005556
SteersMedium and Large 1528156.11/cwt151.00–161.0082410
SteersMedium and Large 1773139.54/cwt137.00–142.001,0792
SteersMedium and Large 1Value Added533155.58/cwt150.00–161.008296
SteersMedium and Large 1Value Added668154.85/cwt153.00–157.001,03410
SteersMedium and Large 1335193.30/cwt183.00–205.006484
SteersMedium and Large 1Value Added613155.48/cwt153.00–157.009538
SteersMedium and Large 1Value Added564158.17/cwt154.00–161.008925
SteersMedium and Large 1719145.52/cwt143.00–149.001,0464
SteersMedium and Large 1-2Value Added680154.00/cwt154.00–154.001,04773
BullsMedium and Large 1470143.74/cwt140.00–145.006764
BullsMedium and Large 1515137.55/cwt135.00–140.007082
BullsMedium and Large 1680117.52/cwt115.00–120.007992
BullsMedium and Large 1567135.45/cwt126.00–142.007689
BullsMedium and Large 182590.00/cwt90.00–90.007432
BullsMedium and Large 1600138.00/cwt138.00–138.008281
CowsBoner 80-85%1,35565.08/cwt64.00–66.0088212
CowsBoner 80-85%1,18458.14/cwt52.00–62.0068841
CowsLean 85-90%76328.76/cwt25.00–35.002193
CowsLean 85-90%95947.32/cwt42.00–52.0045425
CowsBreaker 75-80%1,30553.00/cwt53.00–53.006921
CowsBoner 80-85%1,05445.38/cwt42.00–49.004788
Bulls1,65981.20/cwt80.00–83.001,3474
Stock CowsMedium and Large 193672.40/cwt65.00–75.006787
Bred CowsMedium and Large 11,158803.13/head750.00–850.008032
Bred CowsMedium and Large 1920750.00/head750.00–750.007501
Bred CowsMedium and Large 11,012895.72/head850.00–1,000.008963
Cow-Calf PairsMedium and Large 11,360900.00/head900.00–900.009001
Cow-Calf PairsMedium and Large 11,2501,050.00/head1,050.00–1,050.001,0501
Cow-Calf PairsMedium and Large 11,4951,375.00/head1,375.00–1,375.001,3751
Cow-Calf PairsMedium and Large 11,3201,100.00/head1,100.00–1,100.001,1001
Cow-Calf PairsMedium and Large 11,070973.60/head900.00–1,050.009742
Cow-Calf PairsMedium and Large 11,5401,275.00/head1,275.00–1,275.001,2751
HeifersMedium and Large 2565122.00/cwt122.00–122.006891
HeifersMedium and Large 2523118.95/cwt115.00–122.006223
HeifersMedium and Large 1464147.62/cwt142.00–152.0068514
HeifersMedium and Large 1575137.68/cwt132.00–145.0079213
HeifersMedium and Large 1783118.76/cwt115.00–120.009304
HeifersMedium and Large 1715127.96/cwt125.00–129.009154
HeifersMedium and Large 1665135.00/cwt135.00–135.008981
HeifersMedium and Large 1427148.81/cwt140.00–155.0063516
HeifersMedium and Large 2425135.00/cwt135.00–135.005743
HeifersMedium and Large 2365135.00/cwt135.00–135.004933
HeifersMedium and Large 1622138.00/cwt135.00–141.008589
HeifersMedium and Large 1371150.73/cwt145.00–155.005597
HeifersMedium and Large 1Value Added725155.00/cwt155.00–155.001,124138
HeifersMedium and Large 2300130.00/cwt130.00–130.003901
HeifersMedium and Large 1330155.33/cwt150.00–160.005135
HeifersMedium and Large 1518145.31/cwt140.00–151.0075314

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.