Sale reports / Arkansas / Hope Livestock Auction Inc. / 2022-10-27

Hope Livestock Auction Inc.

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Hope, Arkansas · Thu, Oct 27
● Final49 lots reportedUSDA AMS · slug 2058
Feeder Cattle receipts
800 head
▲ 150 vs last sale 650▼ 53 vs year ago 853 · −6.2%
Slaughter Cattle receipts
211 head
▲ 81 vs last sale 130▼ 34 vs year ago 245 · −13.9%
Replacement Cattle receipts
35 head
▲ 10 vs last sale 25▲ 0 vs year ago 35 · +0.0%
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Reporter comment USDA

As filed

Compared to last week: Feeder steers under 550 lbs. 7.00-15.00 higher; over 550 lbs. 5.00-10.00 lower. Feeder heifers 2.00-10.00 higher. Slaughter cows steady. Slaughter bulls steady. Quality was average. Lighter calf demand was better. Very few yearling cattle on offer. Some regions have gotten some rainfall which has helped to perk the market up on the smaller cattle. Sold a load of 650 lb. steers on the video auction see link for details ( 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 $153.05/cwt on 155 head.
Average price
$153.05
155 head · 567 lb average
Value per head Derived
$868
Price × average weight ÷ 100
Grade differential Derived
$334
per head · Medium and Large 1 over Medium and Large 2
$8.69/cwt at this weight
vs the market
−18.85
vs AR average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1597154.40922131
Medium and Large 2403145.7158824
One grade step is worth $8.69/cwt here — about $334 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 sale155 hd
153.05
—
AR average8 barns · 1,243 hd
171.91
−18.85
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—Average1,59177.901,23916
CowsBoner 80-85%Average1,20057.1568676
CowsLean 85-90%Low96241.1539623

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)1,218$1,1636
Bred Cows2nd Stage (4-6 mo)Aged (>8 yrs)1,161$8857
Cow-Calf PairsOpenMiddle Aged (5-8 yrs)1,203$1,1663thin
Cow-Calf PairsOpenAged (>8 yrs)1,255$1,03710

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—620131.64/cwt125.00–138.0081610
BullsMedium and Large 1—478148.74/cwt140.00–152.007116
BullsMedium and Large 1—531140.17/cwt135.00–145.0074413
BullsMedium and Large 1—715122.00/cwt122.00–122.008721
BullsMedium and Large 1—566133.97/cwt130.00–140.007588
HeifersMedium and Large 2—321136.70/cwt135.00–140.004397
SteersMedium and Large 1—770136.05/cwt130.00–153.001,04817
SteersMedium and Large 1—329200.55/cwt185.00–220.006607
SteersMedium and Large 2—595125.00/cwt125.00–125.007441
SteersMedium and Large 1—456170.45/cwt165.00–178.007776
SteersMedium and Large 1—712141.26/cwt135.00–149.001,0068
SteersMedium and Large 2—472136.71/cwt130.00–140.006453
SteersMedium and Large 2—317154.12/cwt148.00–157.0048910
SteersMedium and Large 2—530132.52/cwt130.00–135.007024
SteersMedium and Large 2—432147.63/cwt145.00–150.006383
SteersMedium and Large 2—362149.25/cwt145.00–158.005403
SteersMedium and Large 1—524162.11/cwt150.00–173.0084912
SteersMedium and Large 1—805133.37/cwt130.00–140.001,0743
HeifersMedium and Large 1—423153.00/cwt145.00–160.0064712
HeifersMedium and Large 1—610136.57/cwt134.00–144.0083320
HeifersMedium and Large 1—475151.39/cwt145.00–157.0071924
SteersMedium and Large 1—620150.31/cwt142.00–155.0093222
SteersMedium and Large 1—369194.51/cwt185.00–208.007188
SteersMedium and Large 1—422184.01/cwt175.00–193.007778
HeifersMedium and Large 2—369135.88/cwt133.00–142.005016
HeifersMedium and Large 2—465126.08/cwt120.00–130.005867
HeifersMedium and Large 2—585120.00/cwt120.00–120.007021
HeifersMedium and Large 2—511123.28/cwt120.00–128.006304
HeifersMedium and Large 1—378161.00/cwt155.00–167.006098
SteersMedium and Large 1—584151.20/cwt147.00–160.0088314
HeifersMedium and Large 1—715125.00/cwt125.00–125.008948
HeifersMedium and Large 1—518149.18/cwt140.00–157.0077317
HeifersMedium and Large 1—570143.37/cwt139.00–154.0081710
HeifersMedium and Large 1—331166.36/cwt163.00–170.005515
HeifersMedium and Large 2—433130.30/cwt125.00–135.005649
SteersMedium and Large 1—675136.91/cwt134.00–151.0092426
Bred CowsMedium and Large 1-2—1,161885.46/head825.00–950.008857
Bred CowsMedium and Large 1-2—1,2181,162.64/head1,025.00–1,250.001,1636
Cow-Calf PairsMedium and Large 1-2—1,3081,119.65/head1,000.00–1,200.001,1206
Cow-Calf PairsMedium and Large 1-2—1,2031,165.93/head1,100.00–1,275.001,1663
Cow-Calf PairsMedium and Large 1-2—1,175912.77/head900.00–925.009134
Bulls——1,72683.29/cwt80.00–87.001,4389
CowsBoner 80-85%—1,23160.94/cwt55.00–66.0075049
Bulls——2,00096.00/cwt96.00–96.001,9201
Bulls——1,32066.81/cwt65.00–70.008826
CowsLean 85-90%—81330.55/cwt25.00–35.002486
CowsLean 85-90%—1,01444.89/cwt40.00–50.0045517
CowsBoner 80-85%—1,05344.50/cwt40.00–49.0046920
CowsBoner 80-85%—1,39966.74/cwt65.00–67.009347

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.