Sale reports / Arkansas / Hope Livestock Auction Inc. / 2022-09-08

Hope Livestock Auction Inc.

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Hope, Arkansas · Thu, Sep 8
● Final43 lots reportedUSDA AMS · slug 2058
Feeder Cattle receipts
621 head
143 vs last sale 478 358 vs year ago 979 · 36.6%
Slaughter Cattle receipts
107 head
16 vs last sale 91 12 vs year ago 119 · 10.1%
Replacement Cattle receipts
10 head
0 vs last sale 10 15 vs year ago 25 · 60.0%
View

Reporter comment USDA

As filed

Compared to last week: Feeder steers and heifers were unevenly steady. Slaughter cows were 3.00-9.00 lower. Slaughter bulls were 2.00 lower. Quality was average. Lighter weight calves were in high demand.

Sold two loads of preconditioned cattle on video, see link for video auction ( https://www.ams.usda.gov/mnreports/ams_3628.pdf ).

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $178.26/cwt on 79 head.
Average price
$178.26
79 head · 447 lb average
Value per head Derived
$798
Price × average weight ÷ 100
Grade differential Derived
$170
per head · Medium and Large 1 over Medium and Large 2
$32.70/cwt at this weight
vs the market
2.15
vs AR average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1451186.9584458
Medium and Large 2437154.2567421
One grade step is worth $32.70/cwt here — about $170 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 sale79 hd
178.26
AR average8 barns · 1,215 hd
180.41
−2.15
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
BullsLow1,63583.451,3644thin
CowsBreaker 75-80%Average1,34574.009951thin
CowsBoner 80-85%Average1,14070.7880718
CowsLean 85-90%Average87641.6136515

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)1,122$1,0253thin
Cow-Calf PairsOpenAged (>8 yrs)1,065$9501thin

Every lot, as filed

43 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
SteersMedium and Large 1423186.87/cwt183.00–193.007908
SteersMedium and Large 1376199.97/cwt190.00–210.007525
SteersMedium and Large 1573166.98/cwt165.00–169.009574
HeifersMedium and Large 1Value Added680145.00/cwt145.00–145.009862
SteersMedium and Large 1685157.00/cwt157.00–157.001,0752
SteersMedium and Large 1508175.00/cwt175.00–175.008893
SteersMedium and Large 1318207.87/cwt185.00–227.0066117
SteersMedium and Large 2385161.38/cwt155.00–165.006214
SteersMedium and Large 2418159.50/cwt159.00–160.006672
SteersMedium and Large 2472151.38/cwt150.00–155.007155
SteersMedium and Large 1Value Added500180.00/cwt180.00–180.009002
SteersMedium and Large 1Value Added635170.00/cwt170.00–170.001,0802
SteersMedium and Large 2330162.05/cwt158.00–165.005354
SteersMedium and Large 1755151.00/cwt151.00–151.001,1402
SteersMedium and Large 2519144.93/cwt140.00–150.007526
HeifersMedium and Large 1618146.04/cwt142.00–148.009033
BullsMedium and Large 1568143.89/cwt135.00–152.008179
BullsMedium and Large 1473162.69/cwt159.00–167.007703
BullsMedium and Large 1615139.46/cwt137.00–142.008582
BullsMedium and Large 1523150.10/cwt140.00–155.007856
BullsMedium and Large 1655130.00/cwt130.00–130.008521
SteersMedium and Large 1480180.60/cwt175.00–188.0086711
SteersMedium and Large 1633159.52/cwt155.00–164.001,0102
HeifersMedium and Large 1720136.02/cwt135.00–137.009792
HeifersMedium and Large 1572152.93/cwt145.00–157.008755
HeifersMedium and Large 1470161.81/cwt155.00–167.0076115
HeifersMedium and Large 1320174.54/cwt165.00–180.0055912
HeifersMedium and Large 1665142.00/cwt142.00–142.009441
HeifersMedium and Large 1Value Added645155.00/cwt155.00–155.001,0002
HeifersMedium and Large 1524156.68/cwt153.00–162.008217
HeifersMedium and Large 1421168.34/cwt159.00–177.007099
HeifersMedium and Large 1378172.60/cwt165.00–185.006529
HeifersMedium and Large 2355152.00/cwt152.00–152.005402
HeifersMedium and Large 2425145.00/cwt145.00–145.006162
Cow-Calf PairsMedium and Large 1-21,065950.00/head950.00–950.009501
Bred CowsMedium and Large 1-21,1221,024.67/head950.00–1,175.001,0253
Bulls1,37577.03/cwt75.00–79.001,0592
CowsLean 85-90%1,01960.84/cwt55.00–64.006204
Bulls1,89589.86/cwt85.00–94.001,7032
CowsBoner 80-85%1,18477.70/cwt72.00–84.0092013
CowsBoner 80-85%1,02652.80/cwt50.00–55.005425
CowsBreaker 75-80%1,34574.00/cwt74.00–74.009951
CowsLean 85-90%82434.62/cwt30.00–40.0028511

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.