Sale reports / Arkansas / Hope Livestock Auction Inc. / 2022-12-08

Hope Livestock Auction Inc.

Feeder Cattle · Slaughter Cattle · Hope, Arkansas · Thu, Dec 8
● Final48 lots reportedUSDA AMS · slug 2058
Feeder Cattle receipts
396 head
▼ 452 vs last sale 848▼ 666 vs year ago 1,062 · −62.7%
Slaughter Cattle receipts
77 head
▼ 189 vs last sale 266▼ 166 vs year ago 243 · −68.3%
View

Reporter comment USDA

As filed

Compared to last week feeder steers under 500 lbs. 4.00-10.00 lower; over 500 lbs. steady to 2.00 higher. Feeder heifers unevenly steady. Slaughter cows steady to 2.00 lower. Slaughter bulls steady. Quality was average. Wet conditions caused limited receipts. Sold three loads of preconditioned cattle on video click link to see results. (https://www.ams.usda.gov/mnreports/ams_3628.pdf ).

Weight class

Heifers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb heifers averaged $160.38/cwt on 93 head.
Average price
$160.38
93 head · 462 lb average
Value per head Derived
$741
Price × average weight ÷ 100
Grade differential Derived
$206
per head · Medium and Large 1 over Medium and Large 2
$21.27/cwt at this weight
vs the market
+6.17
vs AR average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1474163.8177678
Medium and Large 2400142.5457015thin
One grade step is worth $21.27/cwt here — about $206 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 sale93 hd
160.38
—
AR average7 barns · 1,705 hd
154.20
+6.17
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—Low1,64781.771,34712
CowsBoner 80-85%Low1,16358.8368415
CowsBreaker 75-80%Average1,46056.008181thin
CowsLean 85-90%Average90638.863528thin

Every lot, as filed

48 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—605150.00/cwt150.00–150.009081
BullsMedium and Large 1—533147.46/cwt145.00–150.007862
BullsMedium and Large 1—775121.31/cwt118.00–125.009403
BullsMedium and Large 1—484161.39/cwt157.00–165.007815
BullsMedium and Large 1—576149.68/cwt143.00–154.008627
BullsMedium and Large 1—658142.99/cwt140.00–146.009412
SteersMedium and Large 1—673159.58/cwt155.00–164.001,0742
SteersMedium and Large 1—575169.39/cwt165.00–175.0097410
SteersMedium and Large 1—620163.75/cwt160.00–167.001,0156
SteersMedium and Large 1—374193.41/cwt185.00–200.0072310
SteersMedium and Large 2—443150.00/cwt150.00–150.006652
SteersMedium and Large 2—523146.59/cwt140.00–153.007672
SteersMedium and Large 2—455155.00/cwt155.00–155.007051
SteersMedium and Large 1—469179.53/cwt175.00–185.0084213
SteersMedium and Large 2—550133.00/cwt133.00–133.007321
SteersMedium and Large 1—513178.26/cwt170.00–185.0091410
HeifersMedium and Large 1—810126.00/cwt126.00–126.001,0211
SteersMedium and Large 1—725140.00/cwt140.00–140.001,0151
SteersMedium and Large 1—880135.00/cwt135.00–135.001,1881
SteersMedium and Large 1—320197.21/cwt190.00–205.0063113
SteersMedium and Large 1—423191.34/cwt185.00–200.0080913
SteersMedium and Large 2—365160.00/cwt160.00–160.005842
HeifersMedium and Large 1—513159.45/cwt151.00–166.0081810
HeifersMedium and Large 1Replacement—480200.00/cwt200.00–200.009601
HeifersMedium and Large 1Replacement—590175.00/cwt175.00–175.001,0331
HeifersMedium and Large 1Value Added—535161.00/cwt160.00–162.008614
HeifersMedium and Large 1Value Added—461169.46/cwt166.00–173.007819
HeifersMedium and Large 1—715139.00/cwt139.00–139.009941
HeifersMedium and Large 2—426138.21/cwt135.00–145.005894
HeifersMedium and Large 2—368145.34/cwt145.00–147.005356
HeifersMedium and Large 1—660140.97/cwt137.00–145.009302
HeifersMedium and Large 1—616138.50/cwt135.00–140.008534
HeifersMedium and Large 1—357173.73/cwt165.00–195.006205
HeifersMedium and Large 1—325181.16/cwt170.00–195.0058910
HeifersMedium and Large 1—470162.17/cwt155.00–169.0076211
HeifersMedium and Large 1—423165.43/cwt159.00–172.0070013
HeifersMedium and Large 1—575153.77/cwt148.00–160.008846
HeifersMedium and Large 2—525130.00/cwt130.00–130.006831
HeifersMedium and Large 2—320149.77/cwt145.00–155.004792
HeifersMedium and Large 2—460141.85/cwt135.00–149.006532
Bulls——1,40472.21/cwt67.00–76.001,0144
Bulls——1,74685.34/cwt82.00–92.001,4907
Bulls——1,92595.00/cwt95.00–95.001,8291
CowsBoner 80-85%—1,06545.49/cwt43.00–47.004844
CowsBreaker 75-80%—1,46056.00/cwt56.00–56.008181
CowsLean 85-90%—97946.28/cwt43.00–48.004534
CowsLean 85-90%—83331.43/cwt28.00–35.002624
CowsBoner 80-85%—1,19863.68/cwt60.00–67.0076311

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.