Sale reports / Arkansas / Hope Livestock Auction Inc. / 2022-08-04

Hope Livestock Auction Inc.

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Hope, Arkansas · Thu, Aug 4
● Final41 lots reportedUSDA AMS · slug 2058
Feeder Cattle receipts
592 head
156 vs last sale 436 127 vs year ago 719 · 17.7%
Slaughter Cattle receipts
110 head
3 vs last sale 113 9 vs year ago 119 · 7.6%
Replacement Cattle receipts
20 head
10 vs last sale 10 0 vs year ago 20 · +0.0%
View

Reporter comment USDA

As filed

Compared to last week: Feeder steers under 550 lbs 2.00-6.00 higher; over 550 lbs 2.00-4.00 lower. Feeder heifers under 550 lbs 2.00-5.00 higher; over 550 lbs 2.00-3.00 lower. Slaughter cows 4.00-7.00 higher. Slaughter bulls 1.00-3.00 higher. Quality was average. Lighter cattle were in high demand. Very few larger calves and yearlings on offer, mostly light weight calves coming straight off cows.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $164.96/cwt on 115 head.
Average price
$164.96
115 head · 455 lb average
Value per head Derived
$751
Price × average weight ÷ 100
Grade differential Derived
$172
per head · Medium and Large 1 over Medium and Large 2
$25.44/cwt at this weight
vs the market
4.50
vs AR average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1466172.7080580
Medium and Large 2430147.2663335
One grade step is worth $25.44/cwt here — about $172 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 sale115 hd
164.96
AR average9 barns · 1,120 hd
169.46
−4.50
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
BullsAverage1,66380.851,34515
CowsBoner 80-85%Average1,16565.7576630
CowsLean 85-90%Average89646.2141413

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)Aged (>8 yrs)1,155$8002thin

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 1577140.82/cwt135.00–148.008136
BullsMedium and Large 1625132.61/cwt130.00–135.008296
BullsMedium and Large 1475148.98/cwt147.00–150.007086
BullsMedium and Large 1526142.35/cwt138.00–146.0074910
HeifersMedium and Large 1426157.22/cwt152.00–165.0067010
HeifersMedium and Large 2477131.91/cwt130.00–135.006296
SteersMedium and Large 1426176.99/cwt170.00–182.007549
SteersMedium and Large 2369152.09/cwt150.00–155.005617
SteersMedium and Large 1564154.29/cwt150.00–160.008708
SteersMedium and Large 2475142.24/cwt140.00–147.006766
HeifersMedium and Large 1526149.14/cwt142.00–155.0078411
SteersMedium and Large 1372189.23/cwt185.00–195.0070413
SteersMedium and Large 2318155.84/cwt150.00–160.004967
SteersMedium and Large 2516136.74/cwt135.00–138.007065
SteersMedium and Large 1331194.16/cwt185.00–208.0064314
SteersMedium and Large 1629151.92/cwt150.00–155.009565
HeifersMedium and Large 1329165.79/cwt160.00–172.0054514
SteersMedium and Large 2695140.00/cwt140.00–140.009732
SteersMedium and Large 2427147.70/cwt145.00–150.006318
SteersMedium and Large 1671145.17/cwt140.00–148.009745
HeifersMedium and Large 1479148.80/cwt144.00–157.007138
HeifersMedium and Large 1569142.65/cwt138.00–149.008128
HeifersMedium and Large 1623140.55/cwt135.00–145.008766
HeifersMedium and Large 2532127.33/cwt125.00–130.006776
SteersMedium and Large 1470168.63/cwt165.00–175.0079313
SteersMedium and Large 1527164.07/cwt160.00–170.0086513
HeifersMedium and Large 1660135.96/cwt130.00–144.008976
HeifersMedium and Large 2429141.21/cwt138.00–144.006067
HeifersMedium and Large 2379143.13/cwt140.00–145.005425
HeifersMedium and Large 2558125.58/cwt120.00–132.007016
HeifersMedium and Large 1371164.33/cwt160.00–170.0061011
HeifersMedium and Large 2324145.74/cwt140.00–150.004725
Bred CowsMedium and Large 11,155800.00/head800.00–800.008002
Bulls1,72084.79/cwt80.00–88.001,4587
Bulls1,855102.00/cwt102.00–102.001,8921
CowsBoner 80-85%1,20068.58/cwt62.00–74.0082317
CowsBoner 80-85%1,24177.60/cwt75.00–84.009635
CowsBoner 80-85%1,04452.34/cwt48.00–56.005468
CowsLean 85-90%98356.43/cwt52.00–62.005556
CowsLean 85-90%82237.45/cwt32.00–40.003087
Bulls1,57973.88/cwt72.00–77.001,1677

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.