Sale reports / Arkansas / Hope Livestock Auction Inc. / 2022-09-29

Hope Livestock Auction Inc.

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Hope, Arkansas · Thu, Sep 29
● Final53 lots reportedUSDA AMS · slug 2058
Feeder Cattle receipts
695 head
▲ 175 vs last sale 520▼ 78 vs year ago 773 · −10.1%
Slaughter Cattle receipts
146 head
▲ 77 vs last sale 69▲ 43 vs year ago 103 · +41.7%
Replacement Cattle receipts
20 head
▲ 20 vs last sale 0▲ 5 vs year ago 15 · +33.3%
View

Reporter comment USDA

As filed

Compared to last week: Feeder steers under 700 lbs. 5.00-15.00 lower; over 700 lbs. 5.00-7.00 higher. Feeder heifers 3.00-12.00 lower. Slaughter cows steady. Slaughter bulls steady. Quality was average. Most all classes were cheaper. Fleshy new crop calves made up majority of offering. Dry conditions have dampened spirits of light cattle buyers. 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 $158.34/cwt on 133 head.
Average price
$158.34
133 head · 604 lb average
Value per head Derived
$956
Price × average weight ÷ 100
Grade differential Derived
$381
per head · Medium and Large 1 over Medium and Large 2
$14.21/cwt at this weight
vs the market
−9.00
vs AR average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1622159.62993121
Medium and Large 2421145.4161212thin
One grade step is worth $14.21/cwt here — about $381 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 sale133 hd
158.34
—
AR average7 barns · 1,777 hd
167.34
−9.00
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—Average1,65783.241,3797thin
CowsBreaker 75-80%Average1,44870.981,0282thin
CowsBoner 80-85%Average1,23267.6383337
CowsLean 85-90%Average91951.4747314

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)1,108$1,1346
Bred Cows1st Stage (1-3 mo)Young (2-4 yrs)1,135$1,1251thin
Bred Cows1st Stage (1-3 mo)Middle Aged (5-8 yrs)1,150$9001thin
Cow-Calf PairsOpenYoung (2-4 yrs)1,190$1,2001thin

Every lot, as filed

53 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 1—813148.35/cwt139.00–158.001,2062
HeifersMedium and Large 2—381137.36/cwt130.00–145.005234
SteersMedium and Large 1—466170.35/cwt161.00–179.0079410
HeifersMedium and Large 1—326166.63/cwt163.00–170.005436
SteersMedium and Large 1—373179.79/cwt170.00–187.006716
SteersMedium and Large 2—367154.03/cwt150.00–157.005653
SteersMedium and Large 2—500131.00/cwt131.00–131.006551
HeifersMedium and Large 1—688132.29/cwt129.00–137.009103
SteersMedium and Large 2—300150.00/cwt150.00–150.004501
SteersMedium and Large 1—708148.59/cwt142.00–158.001,0525
SteersMedium and Large 1Value Added—785160.86/cwt159.00–161.251,26311
SteersMedium and Large 1—672142.03/cwt140.00–145.009543
SteersMedium and Large 1—333190.00/cwt190.00–190.006332
SteersMedium and Large 1—622147.50/cwt145.00–157.0091715
SteersMedium and Large 1—565157.64/cwt150.00–167.0089111
SteersMedium and Large 1—437175.09/cwt170.00–179.007659
SteersMedium and Large 1—760151.00/cwt151.00–151.001,1481
SteersMedium and Large 2—418152.05/cwt149.00–155.006362
SteersMedium and Large 1Value Added—635156.75/cwt155.00–162.009958
SteersMedium and Large 1Value Added—721157.17/cwt152.00–163.001,13334
BullsMedium and Large 1—775125.00/cwt125.00–125.009691
BullsMedium and Large 1—617135.08/cwt130.00–140.008333
BullsMedium and Large 1—665132.00/cwt132.00–132.008782
BullsMedium and Large 1—519142.47/cwt135.00–146.007397
BullsMedium and Large 1—570139.10/cwt132.00–144.007935
BullsMedium and Large 1—475153.37/cwt150.00–157.007295
CowsLean 85-90%—98858.16/cwt55.00–60.005759
Bulls——1,69287.59/cwt85.00–91.001,4825
CowsLean 85-90%—79539.43/cwt37.00–42.003135
CowsBreaker 75-80%—1,44870.98/cwt70.00–72.001,0282
CowsBoner 80-85%—1,27571.30/cwt68.00–76.0090927
CowsBoner 80-85%—1,07755.01/cwt51.00–60.005929
CowsBoner 80-85%—1,47582.00/cwt82.00–82.001,2101
Bulls——1,56872.37/cwt70.00–75.001,1352
Stock CowsMedium and Large 1-2—94283.52/cwt80.00–89.007873
Bred CowsMedium and Large 1-2—1,1351,125.00/head1,125.00–1,125.001,1251
Bred CowsMedium and Large 1-2—1,150900.00/head900.00–900.009001
Bred CowsMedium and Large 1-2—1,1081,134.21/head1,100.00–1,150.001,1346
Cow-Calf PairsMedium and Large 1-2—1,1901,200.00/head1,200.00–1,200.001,2001
HeifersMedium and Large 1—471154.33/cwt145.00–158.5072712
HeifersMedium and Large 2—480138.00/cwt138.00–138.006621
HeifersMedium and Large 1—574143.10/cwt135.00–149.008217
HeifersMedium and Large 2—429131.53/cwt130.00–138.005645
HeifersMedium and Large 1—370162.17/cwt156.00–175.0060014
HeifersMedium and Large 1—427154.35/cwt143.00–162.0065911
HeifersMedium and Large 1Value Added—559149.72/cwt146.00–152.008378
HeifersMedium and Large 1Value Added—500149.00/cwt149.00–149.007453
HeifersMedium and Large 1—636136.29/cwt130.00–141.008677
HeifersMedium and Large 1—720130.76/cwt128.00–133.009415
HeifersMedium and Large 1—765127.00/cwt127.00–127.009721
HeifersMedium and Large 1—533146.33/cwt143.00–150.0078038
SteersMedium and Large 2—462139.55/cwt135.00–148.006455
SteersMedium and Large 1—516161.51/cwt158.00–165.008334

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.