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
Bulls—Low1,64981.621,3469thin
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 1—592162.66/cwt160.00–165.009633
BullsMedium and Large 1—618157.41/cwt150.00–165.009732
BullsMedium and Large 1—515165.00/cwt165.00–165.008503
BullsMedium and Large 1—710133.00/cwt133.00–133.009441
BullsMedium and Large 1—475172.50/cwt170.00–175.008192
BullsMedium and Large 1—770127.35/cwt120.00–135.009812
SteersMedium and Large 1Value Added—770173.00/cwt173.00–173.001,3322
SteersMedium and Large 1Value Added—615194.71/cwt189.00–205.001,1976
SteersMedium and Large 1Value Added—716175.01/cwt173.00–179.001,2537
SteersMedium and Large 1Value Added—473223.49/cwt220.00–225.001,0578
SteersMedium and Large 2—565143.27/cwt140.00–145.008093
SteersMedium and Large 2—513154.00/cwt153.00–155.007904
SteersMedium and Large 1—371215.77/cwt200.00–235.0080131
SteersMedium and Large 1Value Added—526198.78/cwt193.00–202.501,0468
SteersMedium and Large 1—626172.21/cwt167.00–185.001,0785
SteersMedium and Large 1—740169.00/cwt169.00–169.001,2511
SteersMedium and Large 1Value Added—413226.91/cwt215.00–233.0093712
SteersMedium and Large 2—353170.05/cwt160.00–175.006003
SteersMedium and Large 2—325175.00/cwt175.00–175.005695
SteersMedium and Large 1—422218.49/cwt196.00–235.0092222
SteersMedium and Large 1Value Added—573195.11/cwt190.00–200.001,1184
SteersMedium and Large 1Value Added—669180.75/cwt177.00–187.001,20910
HeifersMedium and Large 2—555135.00/cwt135.00–135.007491
HeifersMedium and Large 1—616149.04/cwt145.00–154.009184
HeifersMedium and Large 1—560162.95/cwt157.00–173.009135
SteersMedium and Large 1—568188.85/cwt181.00–195.001,0736
SteersMedium and Large 1—530200.23/cwt188.00–215.001,0618
SteersMedium and Large 1—474210.51/cwt195.00–220.0099811
CowsBoner 80-85%—1,21263.08/cwt57.00–67.0076540
Bulls——1,46273.33/cwt72.00–75.001,0723
Bulls——1,74385.76/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 1-2—1,200975.00/head975.00–975.009751
Cow-Calf PairsMedium and Large 1-2—1,2751,005.13/head950.00–1,050.001,0053
Cow-Calf PairsMedium and Large 1-2—1,1521,120.55/head1,025.00–1,225.001,1215
Cow-Calf PairsMedium and Large 1-2—1,200950.00/head950.00–950.009501
Cow-Calf PairsMedium and Large 1-2—1,4701,250.00/head1,250.00–1,250.001,2501
HeifersMedium and Large 1—718134.88/cwt130.00–140.009682
HeifersMedium and Large 1—469172.06/cwt165.00–181.0080717
HeifersMedium and Large 2—419146.01/cwt145.00–150.006125
HeifersMedium and Large 1—522164.94/cwt157.00–171.0086113
HeifersMedium and Large 2—461143.62/cwt140.00–148.006625
HeifersMedium and Large 1Value Added—566167.97/cwt165.00–170.009515
SteersMedium and Large 1—765152.00/cwt152.00–152.001,1631
HeifersMedium and Large 1Value Added—508172.65/cwt171.00–175.008779
HeifersMedium and Large 1—362188.54/cwt175.00–202.006837
HeifersMedium and Large 1Value Added—405200.50/cwt190.00–207.508125
HeifersMedium and Large 1—427176.48/cwt165.00–187.0075413
HeifersMedium and Large 1—673143.99/cwt143.00–145.009692
SteersMedium and Large 1—315213.99/cwt193.00–240.0067414
SteersMedium and Large 2—435160.00/cwt160.00–160.006962
SteersMedium and Large 2—465156.00/cwt156.00–156.007252
HeifersMedium and Large 2—315155.00/cwt155.00–155.004883
HeifersMedium and Large 1—306182.72/cwt175.00–185.005597
HeifersMedium and Large 2—365152.00/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.