Sale reports / Arkansas / Hope Livestock Auction Inc. / 2022-10-06

Hope Livestock Auction Inc.

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Hope, Arkansas · Thu, Oct 6
● Final61 lots reportedUSDA AMS · slug 2058
Feeder Cattle receipts
772 head
▲ 77 vs last sale 695▲ 772 vs year ago 0 · no sale a year ago
Slaughter Cattle receipts
269 head
▲ 123 vs last sale 146▲ 269 vs year ago 0 · no sale a year ago
Replacement Cattle receipts
45 head
▲ 25 vs last sale 20▲ 45 vs year ago 0 · no sale a year ago
View

Reporter comment USDA

As filed

Compared to last week: Feeder steers 2.00-10.00 lower. Feeder heifers 4.00-10.00 lower. Slaughter cows 3.00-7.00 lower. Slaughter bulls 2.00 lower. Quality was average to plain. All classes of cattle were softer. Fleshy new crop calves made up the majority of the offering. Very few larger cattle. Dry conditions and the normal October temperature swings have slowed buyer participation.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $157.03/cwt on 121 head.
Average price
$157.03
121 head · 501 lb average
Value per head Derived
$786
Price × average weight ÷ 100
Grade differential Derived
$179
per head · Medium and Large 1 over Medium and Large 2
$22.08/cwt at this weight
vs the market
−9.41
vs AR average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1508160.50816102
Medium and Large 2460138.4263619thin
One grade step is worth $22.08/cwt here — about $179 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 sale121 hd
157.03
—
AR average9 barns · 1,668 hd
166.44
−9.41
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—Average1,62782.901,34915
CowsBoner 80-85%Low1,17962.5473762
CowsBreaker 75-80%Average1,45861.468962thin
CowsLean 85-90%Average97051.0949524

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)Young (2-4 yrs)1,045$1,1752thin
Bred Cows2nd Stage (4-6 mo)Middle Aged (5-8 yrs)1,143$1,05416
Bred Cows1st Stage (1-3 mo)Young (2-4 yrs)1,000$1,0001thin
Bred Cows3rd Stage (7-9 mo)Aged (>8 yrs)1,065$9752thin
Bred Cows2nd Stage (4-6 mo)Aged (>8 yrs)1,025$8752thin
Bred Cows1st Stage (1-3 mo)Middle Aged (5-8 yrs)1,140$8502thin
Bred Cows1st Stage (1-3 mo)Aged (>8 yrs)1,140$8003thin
Cow-Calf PairsOpenYoung (2-4 yrs)1,480$1,5382thin
Cow-Calf PairsOpenMiddle Aged (5-8 yrs)1,272$1,1913thin
Cow-Calf PairsOpenAged (>8 yrs)1,217$1,05410

Every lot, as filed

61 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
Bulls——1,69585.29/cwt82.00–88.001,44612
HeifersMedium and Large 1—725120.00/cwt120.00–120.008701
HeifersMedium and Large 1—523142.15/cwt132.00–148.0074323
HeifersMedium and Large 2—425126.00/cwt125.00–127.005364
HeifersMedium and Large 1—415149.10/cwt145.00–153.0061916
SteersMedium and Large 1—575146.31/cwt142.00–152.0084111
SteersMedium and Large 1Value Added—520159.27/cwt157.00–160.008284
SteersMedium and Large 1—716139.57/cwt137.00–143.009997
SteersMedium and Large 1—368178.46/cwt170.00–195.0065716
HeifersMedium and Large 1—473146.12/cwt140.00–150.0069121
HeifersMedium and Large 1Value Added—550143.00/cwt143.00–143.007872
SteersMedium and Large 1—466166.72/cwt158.00–177.0077713
SteersMedium and Large 2—458138.97/cwt133.00–145.006364
SteersMedium and Large 2—381150.71/cwt145.00–157.005745
SteersMedium and Large 1—805133.00/cwt133.00–133.001,0711
SteersMedium and Large 1—318181.91/cwt170.00–200.0057810
SteersMedium and Large 1—755134.00/cwt134.00–134.001,0121
SteersMedium and Large 1Value Added—620146.01/cwt145.00–147.009054
SteersMedium and Large 1Value Added—775156.00/cwt156.00–156.001,2093
SteersMedium and Large 1—425170.01/cwt165.00–179.007238
SteersMedium and Large 1—617144.10/cwt140.00–149.008898
SteersMedium and Large 1—665147.00/cwt147.00–147.009782
SteersMedium and Large 1—519155.70/cwt148.00–167.0080814
SteersMedium and Large 2—427140.24/cwt138.00–145.005993
SteersMedium and Large 2—531128.56/cwt125.00–130.006837
BullsMedium and Large 1—572129.13/cwt123.00–135.0073910
BullsMedium and Large 1—655117.00/cwt117.00–117.007662
BullsMedium and Large 1—478146.75/cwt145.00–150.007018
BullsMedium and Large 1—608121.21/cwt115.00–130.007374
BullsMedium and Large 1—533136.46/cwt130.00–145.0072710
BullsMedium and Large 1—700115.00/cwt115.00–115.008051
CowsLean 85-90%—99954.70/cwt47.00–62.0054620
CowsBreaker 75-80%—1,45861.46/cwt60.00–63.008962
CowsBoner 80-85%—1,06452.61/cwt50.00–55.0056014
CowsBoner 80-85%—1,21265.43/cwt60.00–72.0079348
Bulls——1,35573.34/cwt73.00–74.009943
CowsLean 85-90%—82333.06/cwt30.00–35.002724
Stock CowsMedium and Large 1-2—95575.00/cwt75.00–75.007163
Bred CowsMedium and Large 1-2—1,065975.00/head975.00–975.009752
Bred CowsMedium and Large 1-2—1,1431,054.39/head950.00–1,175.001,05416
Bred CowsMedium and Large 1-2Fancy—1,0551,450.00/head1,450.00–1,450.001,4501
Cow-Calf PairsMedium and Large 1-2—1,0001,000.00/head1,000.00–1,000.001,0001
Cow-Calf PairsMedium and Large 1-2—1,2191,060.25/head950.00–1,150.001,0609
Stock CowsMedium and Large 1-2—1,03075.00/cwt75.00–75.007733
Bred CowsMedium and Large 1-2—1,140800.00/head800.00–800.008003
Bred CowsMedium and Large 1-2—1,025875.00/head875.00–875.008752
Bred CowsMedium and Large 1-2—1,0001,000.00/head1,000.00–1,000.001,0001
Bred CowsMedium and Large 1-2—1,035900.00/head900.00–900.009001
Stock CowsMedium and Large 1-2—99474.28/cwt73.00–75.007388
Cow-Calf PairsMedium and Large 1-2—1,7051,675.00/head1,675.00–1,675.001,6751
Cow-Calf PairsMedium and Large 1-2—1,2551,400.00/head1,400.00–1,400.001,4001
Cow-Calf PairsMedium and Large 1-2—1,4081,286.46/head1,275.00–1,300.001,2862
Bred CowsMedium and Large 1-2—1,140850.00/head850.00–850.008502
Cow-Calf PairsMedium and Large 1-2—1,2001,000.00/head1,000.00–1,000.001,0001
HeifersMedium and Large 1—327158.79/cwt151.00–167.0051913
HeifersMedium and Large 1—574136.69/cwt130.00–147.0078513
HeifersMedium and Large 2—330131.70/cwt127.00–135.004354
HeifersMedium and Large 1—374154.88/cwt150.00–160.005798
HeifersMedium and Large 1—610134.78/cwt131.00–137.008225
HeifersMedium and Large 2—458122.99/cwt122.00–125.005633
HeifersMedium and Large 1—750117.00/cwt117.00–117.008781

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.