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
Bulls—Average1,66380.851,34515
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 1—577140.82/cwt135.00–148.008136
BullsMedium and Large 1—625132.61/cwt130.00–135.008296
BullsMedium and Large 1—475148.98/cwt147.00–150.007086
BullsMedium and Large 1—526142.35/cwt138.00–146.0074910
HeifersMedium and Large 1—426157.22/cwt152.00–165.0067010
HeifersMedium and Large 2—477131.91/cwt130.00–135.006296
SteersMedium and Large 1—426176.99/cwt170.00–182.007549
SteersMedium and Large 2—369152.09/cwt150.00–155.005617
SteersMedium and Large 1—564154.29/cwt150.00–160.008708
SteersMedium and Large 2—475142.24/cwt140.00–147.006766
HeifersMedium and Large 1—526149.14/cwt142.00–155.0078411
SteersMedium and Large 1—372189.23/cwt185.00–195.0070413
SteersMedium and Large 2—318155.84/cwt150.00–160.004967
SteersMedium and Large 2—516136.74/cwt135.00–138.007065
SteersMedium and Large 1—331194.16/cwt185.00–208.0064314
SteersMedium and Large 1—629151.92/cwt150.00–155.009565
HeifersMedium and Large 1—329165.79/cwt160.00–172.0054514
SteersMedium and Large 2—695140.00/cwt140.00–140.009732
SteersMedium and Large 2—427147.70/cwt145.00–150.006318
SteersMedium and Large 1—671145.17/cwt140.00–148.009745
HeifersMedium and Large 1—479148.80/cwt144.00–157.007138
HeifersMedium and Large 1—569142.65/cwt138.00–149.008128
HeifersMedium and Large 1—623140.55/cwt135.00–145.008766
HeifersMedium and Large 2—532127.33/cwt125.00–130.006776
SteersMedium and Large 1—470168.63/cwt165.00–175.0079313
SteersMedium and Large 1—527164.07/cwt160.00–170.0086513
HeifersMedium and Large 1—660135.96/cwt130.00–144.008976
HeifersMedium and Large 2—429141.21/cwt138.00–144.006067
HeifersMedium and Large 2—379143.13/cwt140.00–145.005425
HeifersMedium and Large 2—558125.58/cwt120.00–132.007016
HeifersMedium and Large 1—371164.33/cwt160.00–170.0061011
HeifersMedium and Large 2—324145.74/cwt140.00–150.004725
Bred CowsMedium and Large 1—1,155800.00/head800.00–800.008002
Bulls——1,72084.79/cwt80.00–88.001,4587
Bulls——1,855102.00/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
Bulls——1,57973.88/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.