Sale reports / Arkansas / Hope Livestock Auction Inc. / 2022-12-15

Hope Livestock Auction Inc.

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Hope, Arkansas · Thu, Dec 15
● Final57 lots reportedUSDA AMS · slug 2058
Feeder Cattle receipts
782 head
386 vs last sale 396 62 vs year ago 720 · +8.6%
Slaughter Cattle receipts
224 head
147 vs last sale 77 44 vs year ago 180 · +24.4%
Replacement Cattle receipts
30 head
30 vs last sale 0 15 vs year ago 15 · +100.0%
View

Reporter comment USDA

As filed

Compared to last week: Feeder steers 10.00-20.00 instances 25.00-30.00 higher. Feeder heifers 5.00-15.00 higher. Slaughter cows and bulls steady. Quality was average to attractive. Buyer participation was very active. Most all weight classes of steers were considerably higher. Buyers were very aggressive on most classes of cattle. Sold a split load of steers and heifers on video click link to see results. (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 $201.23/cwt on 175 head.
Average price
$201.23
175 head · 475 lb average
Value per head Derived
$956
Price × average weight ÷ 100
Grade differential Derived
$291
per head · Medium and Large 1 over Medium and Large 2
$44.90/cwt at this weight
vs the market
+18.83
vs AR average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1480206.11989156
Medium and Large 2433161.2169819thin
One grade step is worth $44.90/cwt here — about $291 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 sale175 hd
201.23
AR average9 barns · 2,227 hd
182.40
+18.83
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
BullsLow1,64981.621,3469thin
CowsBoner 80-85%Average1,18359.7270750
CowsLean 85-90%Low97444.6743516

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 Cows3rd Stage (7-9 mo)Middle Aged (5-8 yrs)1,200$9751thin
Cow-Calf PairsOpenMiddle Aged (5-8 yrs)1,205$1,1426
Cow-Calf PairsOpenAged (>8 yrs)1,256$9914thin

Every lot, as filed

57 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 1592162.66/cwt160.00–165.009633
BullsMedium and Large 1618157.41/cwt150.00–165.009732
BullsMedium and Large 1515165.00/cwt165.00–165.008503
BullsMedium and Large 1710133.00/cwt133.00–133.009441
BullsMedium and Large 1475172.50/cwt170.00–175.008192
BullsMedium and Large 1770127.35/cwt120.00–135.009812
SteersMedium and Large 1Value Added770173.00/cwt173.00–173.001,3322
SteersMedium and Large 1Value Added615194.71/cwt189.00–205.001,1976
SteersMedium and Large 1Value Added716175.01/cwt173.00–179.001,2537
SteersMedium and Large 1Value Added473223.49/cwt220.00–225.001,0578
SteersMedium and Large 2565143.27/cwt140.00–145.008093
SteersMedium and Large 2513154.00/cwt153.00–155.007904
SteersMedium and Large 1371215.77/cwt200.00–235.0080131
SteersMedium and Large 1Value Added526198.78/cwt193.00–202.501,0468
SteersMedium and Large 1626172.21/cwt167.00–185.001,0785
SteersMedium and Large 1740169.00/cwt169.00–169.001,2511
SteersMedium and Large 1Value Added413226.91/cwt215.00–233.0093712
SteersMedium and Large 2353170.05/cwt160.00–175.006003
SteersMedium and Large 2325175.00/cwt175.00–175.005695
SteersMedium and Large 1422218.49/cwt196.00–235.0092222
SteersMedium and Large 1Value Added573195.11/cwt190.00–200.001,1184
SteersMedium and Large 1Value Added669180.75/cwt177.00–187.001,20910
HeifersMedium and Large 2555135.00/cwt135.00–135.007491
HeifersMedium and Large 1616149.04/cwt145.00–154.009184
HeifersMedium and Large 1560162.95/cwt157.00–173.009135
SteersMedium and Large 1568188.85/cwt181.00–195.001,0736
SteersMedium and Large 1530200.23/cwt188.00–215.001,0618
SteersMedium and Large 1474210.51/cwt195.00–220.0099811
CowsBoner 80-85%1,21263.08/cwt57.00–67.0076540
Bulls1,46273.33/cwt72.00–75.001,0723
Bulls1,74385.76/cwt82.00–89.001,4956
CowsLean 85-90%80333.35/cwt32.00–35.002683
CowsLean 85-90%1,01447.28/cwt42.00–51.0047913
CowsBoner 80-85%1,06846.27/cwt42.00–50.0049410
Bred CowsMedium and Large 1-21,200975.00/head975.00–975.009751
Cow-Calf PairsMedium and Large 1-21,2751,005.13/head950.00–1,050.001,0053
Cow-Calf PairsMedium and Large 1-21,1521,120.55/head1,025.00–1,225.001,1215
Cow-Calf PairsMedium and Large 1-21,200950.00/head950.00–950.009501
Cow-Calf PairsMedium and Large 1-21,4701,250.00/head1,250.00–1,250.001,2501
HeifersMedium and Large 1718134.88/cwt130.00–140.009682
HeifersMedium and Large 1469172.06/cwt165.00–181.0080717
HeifersMedium and Large 2419146.01/cwt145.00–150.006125
HeifersMedium and Large 1522164.94/cwt157.00–171.0086113
HeifersMedium and Large 2461143.62/cwt140.00–148.006625
HeifersMedium and Large 1Value Added566167.97/cwt165.00–170.009515
SteersMedium and Large 1765152.00/cwt152.00–152.001,1631
HeifersMedium and Large 1Value Added508172.65/cwt171.00–175.008779
HeifersMedium and Large 1362188.54/cwt175.00–202.006837
HeifersMedium and Large 1Value Added405200.50/cwt190.00–207.508125
HeifersMedium and Large 1427176.48/cwt165.00–187.0075413
HeifersMedium and Large 1673143.99/cwt143.00–145.009692
SteersMedium and Large 1315213.99/cwt193.00–240.0067414
SteersMedium and Large 2435160.00/cwt160.00–160.006962
SteersMedium and Large 2465156.00/cwt156.00–156.007252
HeifersMedium and Large 2315155.00/cwt155.00–155.004883
HeifersMedium and Large 1306182.72/cwt175.00–185.005597
HeifersMedium and Large 2365152.00/cwt152.00–152.005552

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.