Sale reports / Arkansas / Hope Livestock Auction Inc. / 2022-10-13

Hope Livestock Auction Inc.

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Hope, Arkansas · Thu, Oct 13
● Final49 lots reportedUSDA AMS · slug 2058
Feeder Cattle receipts
1,078 head
▲ 306 vs last sale 772▼ 77 vs year ago 1,155 · −6.7%
Slaughter Cattle receipts
238 head
▼ 31 vs last sale 269▲ 8 vs year ago 230 · +3.5%
Replacement Cattle receipts
10 head
▼ 35 vs last sale 45▼ 25 vs year ago 35 · −71.4%
View

Reporter comment USDA

As filed

Compared to last week: Feeder steers under 550 lbs. 2.00-7.00 lower; over 550 lbs. 2.00-5.00 higher. Feeder heifers 2.00-5.00 lower. Slaughter cows 7.00-12.00 lower. Slaughter bulls steady to 3.00 lower. Quality was average. Very few yearling or preconditioned cattle. Mostly all new crop and unweaned cattle. Very dry conditions in a widespread area is putting a damper on lighter cattle demand. Slaughter cattle were considerably cheaper this week.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $151.21/cwt on 157 head.
Average price
$151.21
157 head · 526 lb average
Value per head Derived
$796
Price × average weight ÷ 100
Grade differential Derived
$193
per head · Medium and Large 1 over Medium and Large 2
$16.70/cwt at this weight
vs the market
−11.48
vs AR average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1538153.76827133
Medium and Large 2463137.0763424
One grade step is worth $16.70/cwt here — about $193 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 sale157 hd
151.21
—
AR average8 barns · 1,485 hd
162.69
−11.48
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—Average1,55177.401,2015thin
CowsBoner 80-85%Average1,22049.9160966
CowsBreaker 75-80%Average1,31047.486222thin
CowsLean 85-90%Average98339.1338424

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)1,100$1,1501thin
Bred Cows2nd Stage (4-6 mo)Middle Aged (5-8 yrs)1,225$9751thin
Cow-Calf PairsOpenYoung (2-4 yrs)1,550$1,4501thin

Every lot, as filed

49 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—575125.79/cwt125.00–127.007235
BullsMedium and Large 1—655116.29/cwt114.00–120.007627
BullsMedium and Large 1—528135.61/cwt130.00–142.007168
BullsMedium and Large 1—478145.91/cwt140.00–150.0069713
BullsMedium and Large 1—622125.55/cwt120.00–130.0078110
BullsMedium and Large 1—713106.73/cwt100.00–120.007613
SteersMedium and Large 1—421162.76/cwt157.00–170.0068515
SteersMedium and Large 1—462163.23/cwt155.00–173.0075419
SteersMedium and Large 2—355140.00/cwt140.00–140.004971
SteersMedium and Large 2—533132.05/cwt130.00–135.007045
SteersMedium and Large 1—520151.85/cwt146.00–161.0079011
SteersMedium and Large 1—678138.98/cwt135.00–145.0094211
SteersMedium and Large 1—707143.49/cwt133.00–150.001,0148
SteersMedium and Large 2—582125.00/cwt125.00–125.007283
SteersMedium and Large 1—755143.00/cwt136.00–147.001,0804
SteersMedium and Large 1—369176.75/cwt170.00–182.006528
SteersMedium and Large 1Value Added—650147.00/cwt147.00–147.009562
SteersMedium and Large 1—321174.54/cwt170.00–180.005609
SteersMedium and Large 2—469138.47/cwt136.00–145.0064910
SteersMedium and Large 2—329145.93/cwt145.00–150.004805
SteersMedium and Large 1—800145.00/cwt145.00–145.001,1601
HeifersMedium and Large 1—369152.84/cwt150.00–158.005648
HeifersMedium and Large 1—765115.00/cwt115.00–115.008801
HeifersMedium and Large 1—705112.48/cwt110.00–115.007932
HeifersMedium and Large 1Value Added—535144.50/cwt144.00–145.007734
SteersMedium and Large 1—561147.63/cwt140.00–155.0082822
SteersMedium and Large 1—622144.22/cwt138.00–151.0089723
HeifersMedium and Large 2—465122.00/cwt122.00–122.005672
HeifersMedium and Large 1—476143.56/cwt138.00–148.0068329
HeifersMedium and Large 2—418128.39/cwt125.00–130.005373
HeifersMedium and Large 1—669124.78/cwt123.00–128.008354
HeifersMedium and Large 2—320132.56/cwt122.00–135.004245
HeifersMedium and Large 1—426145.85/cwt141.00–153.0062126
BullsMedium and Large 1—830104.00/cwt104.00–104.008631
HeifersMedium and Large 1—326160.52/cwt155.00–165.005235
HeifersMedium and Large 1—563135.15/cwt129.00–141.0076115
HeifersMedium and Large 1—521138.23/cwt130.00–147.0072021
HeifersMedium and Large 1—628129.67/cwt127.00–135.008146
Bred CowsMedium and Large 1—1,225975.00/head975.00–975.009751
Stock CowsMedium and Large 1—90580.69/cwt77.00–90.007305
Cow-Calf PairsMedium and Large 1—1,5501,450.00/head1,450.00–1,450.001,4501
Bred CowsMedium and Large 1—1,1001,150.00/head1,150.00–1,150.001,1501
CowsBreaker 75-80%—1,31047.48/cwt45.00–50.006222
Bulls——1,68385.67/cwt84.00–89.001,4423
Bulls——1,35365.00/cwt65.00–65.008792
CowsBoner 80-85%—1,24651.75/cwt47.00–57.0064556
CowsBoner 80-85%—1,07239.59/cwt38.00–41.0042410
CowsLean 85-90%—1,00841.81/cwt37.00–47.0042120
CowsLean 85-90%—85525.73/cwt24.00–27.002204

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.