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%
View

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
BullsAverage1,59177.901,23916
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 1620131.64/cwt125.00–138.0081610
BullsMedium and Large 1478148.74/cwt140.00–152.007116
BullsMedium and Large 1531140.17/cwt135.00–145.0074413
BullsMedium and Large 1715122.00/cwt122.00–122.008721
BullsMedium and Large 1566133.97/cwt130.00–140.007588
HeifersMedium and Large 2321136.70/cwt135.00–140.004397
SteersMedium and Large 1770136.05/cwt130.00–153.001,04817
SteersMedium and Large 1329200.55/cwt185.00–220.006607
SteersMedium and Large 2595125.00/cwt125.00–125.007441
SteersMedium and Large 1456170.45/cwt165.00–178.007776
SteersMedium and Large 1712141.26/cwt135.00–149.001,0068
SteersMedium and Large 2472136.71/cwt130.00–140.006453
SteersMedium and Large 2317154.12/cwt148.00–157.0048910
SteersMedium and Large 2530132.52/cwt130.00–135.007024
SteersMedium and Large 2432147.63/cwt145.00–150.006383
SteersMedium and Large 2362149.25/cwt145.00–158.005403
SteersMedium and Large 1524162.11/cwt150.00–173.0084912
SteersMedium and Large 1805133.37/cwt130.00–140.001,0743
HeifersMedium and Large 1423153.00/cwt145.00–160.0064712
HeifersMedium and Large 1610136.57/cwt134.00–144.0083320
HeifersMedium and Large 1475151.39/cwt145.00–157.0071924
SteersMedium and Large 1620150.31/cwt142.00–155.0093222
SteersMedium and Large 1369194.51/cwt185.00–208.007188
SteersMedium and Large 1422184.01/cwt175.00–193.007778
HeifersMedium and Large 2369135.88/cwt133.00–142.005016
HeifersMedium and Large 2465126.08/cwt120.00–130.005867
HeifersMedium and Large 2585120.00/cwt120.00–120.007021
HeifersMedium and Large 2511123.28/cwt120.00–128.006304
HeifersMedium and Large 1378161.00/cwt155.00–167.006098
SteersMedium and Large 1584151.20/cwt147.00–160.0088314
HeifersMedium and Large 1715125.00/cwt125.00–125.008948
HeifersMedium and Large 1518149.18/cwt140.00–157.0077317
HeifersMedium and Large 1570143.37/cwt139.00–154.0081710
HeifersMedium and Large 1331166.36/cwt163.00–170.005515
HeifersMedium and Large 2433130.30/cwt125.00–135.005649
SteersMedium and Large 1675136.91/cwt134.00–151.0092426
Bred CowsMedium and Large 1-21,161885.46/head825.00–950.008857
Bred CowsMedium and Large 1-21,2181,162.64/head1,025.00–1,250.001,1636
Cow-Calf PairsMedium and Large 1-21,3081,119.65/head1,000.00–1,200.001,1206
Cow-Calf PairsMedium and Large 1-21,2031,165.93/head1,100.00–1,275.001,1663
Cow-Calf PairsMedium and Large 1-21,175912.77/head900.00–925.009134
Bulls1,72683.29/cwt80.00–87.001,4389
CowsBoner 80-85%1,23160.94/cwt55.00–66.0075049
Bulls2,00096.00/cwt96.00–96.001,9201
Bulls1,32066.81/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.