Sale reports / Arkansas / Hope Livestock Auction Inc. / 2022-09-22

Hope Livestock Auction Inc.

Feeder Cattle · Slaughter Cattle · Hope, Arkansas · Thu, Sep 22
● Final41 lots reportedUSDA AMS · slug 2058
Feeder Cattle receipts
520 head
▲ 520 vs last sale 0▼ 442 vs year ago 962 · −45.9%
Slaughter Cattle receipts
69 head
▲ 69 vs last sale 0▼ 256 vs year ago 325 · −78.8%
View

Reporter comment USDA

As filed

Compared to two weeks ago: Feeder steers under 400 lbs. 8.00-12.00 lower; over 400 lbs. unevenly steady. Feeder heifers under 600 lbs. 2.00-4.00 lower; over 600 lbs. 1.00-4.00 higher. Slaughter cows 3.00-7.00 lower. Slaughter bulls 2.00-3.00 lower. Quality was average. Slaughter cattle were softer with a limited number of receipts. Feeder cattle were in good demand with new crop bull calves being heavily discounted.

Weight class

Heifers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb heifers averaged $154.72/cwt on 88 head.
Average price
$154.72
88 head · 503 lb average
Value per head Derived
$778
Price × average weight ÷ 100
Grade differential Derived
$254
per head · Medium and Large 1 over Medium and Large 2
$14.72/cwt at this weight
vs the market
+3.95
vs AR average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1511155.7279682
Medium and Large 2384141.005426thin
One grade step is worth $14.72/cwt here — about $254 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 sale88 hd
154.72
—
AR average8 barns · 1,201 hd
150.76
+3.95
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—Low1,41079.091,1159thin
CowsBoner 80-85%High1,18269.7882524
CowsLean 85-90%Average92852.834906thin

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—625136.48/cwt130.00–143.008534
BullsMedium and Large 1—815122.00/cwt122.00–122.009941
BullsMedium and Large 1—688130.00/cwt130.00–130.008942
BullsMedium and Large 1—571134.21/cwt130.00–140.007665
BullsMedium and Large 1—480152.33/cwt147.00–155.007313
BullsMedium and Large 1—531142.76/cwt135.00–150.007586
SteersMedium and Large 2—471146.73/cwt145.00–148.006914
SteersMedium and Large 1—327193.76/cwt190.00–200.006343
SteersMedium and Large 1—723141.55/cwt140.00–143.001,0232
SteersMedium and Large 1—825143.00/cwt143.00–143.001,1801
SteersMedium and Large 2—421149.82/cwt145.00–152.006314
SteersMedium and Large 2—318157.64/cwt155.00–160.005012
SteersMedium and Large 2—375155.97/cwt155.00–158.005853
HeifersMedium and Large 1—469157.28/cwt151.00–160.0073812
SteersMedium and Large 1—458183.72/cwt180.00–187.008414
SteersMedium and Large 1—520171.08/cwt163.00–183.008908
SteersMedium and Large 1—415181.63/cwt180.00–185.007543
SteersMedium and Large 1—677150.23/cwt145.00–157.001,0175
SteersMedium and Large 1—620165.30/cwt155.00–172.001,02511
HeifersMedium and Large 1—529152.76/cwt147.00–157.0080821
SteersMedium and Large 1—785141.00/cwt141.00–141.001,1071
SteersMedium and Large 1—576168.07/cwt163.00–180.0096814
HeifersMedium and Large 2—420137.67/cwt135.00–140.005783
HeifersMedium and Large 1—419163.61/cwt158.00–170.006869
HeifersMedium and Large 1—328168.71/cwt163.00–172.005535
HeifersMedium and Large 1Value Added—590157.00/cwt157.00–157.009262
HeifersMedium and Large 1—575151.30/cwt145.00–155.0087016
SteersMedium and Large 1—363188.04/cwt185.00–191.006833
HeifersMedium and Large 1—362169.98/cwt167.00–173.006155
HeifersMedium and Large 1—617149.10/cwt145.00–152.009209
HeifersMedium and Large 1—660146.98/cwt144.00–150.009702
HeifersMedium and Large 2—380143.00/cwt143.00–143.005431
HeifersMedium and Large 1—725137.00/cwt137.00–137.009931
HeifersMedium and Large 2—333145.00/cwt145.00–145.004832
Bulls——1,22070.56/cwt65.00–75.008615
CowsBoner 80-85%—1,40576.00/cwt76.00–76.001,0681
CowsBoner 80-85%—1,17870.43/cwt65.00–75.0083021
CowsBoner 80-85%—1,11859.81/cwt55.00–64.006692
CowsLean 85-90%—94457.00/cwt55.00–60.005385
Bulls——1,64889.76/cwt85.00–95.001,4794
CowsLean 85-90%—84532.00/cwt32.00–32.002701

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.