Sale reports / Arkansas / Hope Livestock Auction Inc. / 2022-08-18

Hope Livestock Auction Inc.

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Hope, Arkansas · Thu, Aug 18
● Final48 lots reportedUSDA AMS · slug 2058
Feeder Cattle receipts
689 head
150 vs last sale 539 531 vs year ago 1,220 · 43.5%
Slaughter Cattle receipts
97 head
20 vs last sale 77 114 vs year ago 211 · 54.0%
Replacement Cattle receipts
15 head
15 vs last sale 0 0 vs year ago 15 · +0.0%
View

Reporter comment USDA

As filed

Compared to last week: Feeder steers under 500 lbs. 2.00-4.00 lower; over 500 lbs. 2.00-4.00 higher. Feeder heifers 5.00-10.00 higher. Slaughter cows 1.00-2.00 lower. Slaughter bulls 2.00-3.00 lower. Quality was average. All classes of cattle were in strong demand. Sold 2 loads of precondtioned cattle on video at a premium.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $170.31/cwt on 243 head.
Average price
$170.31
243 head · 616 lb average
Value per head Derived
$1,050
Price × average weight ÷ 100
Grade differential Derived
$501
per head · Medium and Large 1-2 over Medium and Large 2
$21.81/cwt at this weight
vs the market
4.29
vs AR average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1-2659172.461,137151
Medium and Large 1559168.5394283
Medium and Large 2422150.656369thin
One grade step is worth $21.81/cwt here — about $501 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 sale243 hd
170.31
AR average7 barns · 861 hd
174.60
−4.29
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
BullsAverage1,66386.971,4465thin
CowsBreaker 75-80%Average1,39474.701,0414thin
CowsBoner 80-85%Low1,17874.3187631
CowsLean 85-90%Average95661.4558711

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)Middle Aged (5-8 yrs)1,105$1,0155
Bred Cows2nd Stage (4-6 mo)Aged (>8 yrs)925$9251thin
Cow-Calf PairsOpenAged (>8 yrs)1,125$9751thin

Every lot, as filed

48 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 1735128.49/cwt127.00–130.009442
BullsMedium and Large 1469162.04/cwt160.00–165.007605
BullsMedium and Large 1558155.00/cwt155.00–155.008652
BullsMedium and Large 1510150.00/cwt150.00–150.007651
BullsMedium and Large 1645137.00/cwt137.00–137.008841
HeifersMedium and Large 1815137.00/cwt137.00–137.001,1171
SteersMedium and Large 1-2Value Added680173.75/cwt173.75–173.751,18273
SteersMedium and Large 1-2Value Added640171.25/cwt171.25–171.251,09678
SteersMedium and Large 2425153.50/cwt150.00–157.006522
SteersMedium and Large 1567168.59/cwt164.00–175.0095610
SteersMedium and Large 1479176.30/cwt173.00–185.0084414
SteersMedium and Large 1685146.50/cwt145.00–148.001,0042
SteersMedium and Large 1770145.39/cwt140.00–151.001,1202
SteersMedium and Large 1Value Added420205.00/cwt205.00–205.008612
SteersMedium and Large 1620162.63/cwt162.00–169.001,00822
SteersMedium and Large 2535142.66/cwt140.00–145.007633
SteersMedium and Large 1720148.65/cwt146.00–149.001,07011
SteersMedium and Large 1840140.00/cwt140.00–140.001,1761
SteersMedium and Large 2360147.85/cwt135.00–160.005322
SteersMedium and Large 2313162.60/cwt160.00–165.005092
HeifersMedium and Large 1564154.31/cwt148.00–160.0087027
HeifersMedium and Large 1760140.00/cwt140.00–140.001,0641
SteersMedium and Large 1364190.25/cwt185.00–195.006934
SteersMedium and Large 1423181.92/cwt177.00–190.007704
CowsLean 85-90%98965.66/cwt61.00–70.006499
CowsLean 85-90%80542.52/cwt39.00–46.003422
CowsBreaker 75-80%1,39474.70/cwt74.00–76.001,0414
CowsBoner 80-85%1,01859.03/cwt58.00–61.006014
CowsBoner 80-85%1,25085.00/cwt85.00–85.001,0633
CowsBoner 80-85%1,19675.52/cwt72.00–78.0090324
Bulls1,66386.97/cwt84.00–88.001,4465
Bred CowsMedium and Large 1-21,1051,015.00/head975.00–1,100.001,0155
Bred CowsMedium and Large 1-2925925.00/head925.00–925.009251
Cow-Calf PairsMedium and Large 1-21,125975.00/head975.00–975.009751
HeifersMedium and Large 1521154.24/cwt148.00–159.0080413
HeifersMedium and Large 1615151.11/cwt141.00–155.0092922
HeifersMedium and Large 1462160.73/cwt157.00–167.0074317
HeifersMedium and Large 2445140.00/cwt140.00–140.006231
HeifersMedium and Large 2324146.22/cwt145.00–150.004746
HeifersMedium and Large 1322176.20/cwt170.00–182.005676
HeifersMedium and Large 1367170.04/cwt165.00–177.0062411
HeifersMedium and Large 1669146.18/cwt140.00–150.009787
HeifersMedium and Large 1423163.85/cwt160.00–170.0069312
HeifersMedium and Large 1725137.52/cwt135.00–141.009974
HeifersMedium and Large 2472134.80/cwt127.00–140.006363
HeifersMedium and Large 2373142.45/cwt140.00–145.005312
SteersMedium and Large 1316193.94/cwt188.00–198.006135
SteersMedium and Large 1522171.47/cwt165.00–176.008956

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.