Sale reports / Arkansas / Hope Livestock Auction Inc. / 2022-03-24

Hope Livestock Auction Inc.

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Hope, Arkansas · Thu, Mar 24
● Final46 lots reportedUSDA AMS · slug 2058
Feeder Cattle receipts
528 head
▼ 82 vs last sale 610▼ 139 vs year ago 667 · −20.8%
Slaughter Cattle receipts
80 head
▲ 5 vs last sale 75▲ 12 vs year ago 68 · +17.6%
Replacement Cattle receipts
10 head
▲ 0 vs last sale 10▲ 0 vs year ago 10 · +0.0%
View

Reporter comment USDA

As filed

Compared to last week: Feeder steers 2.00-8.00 lower. Feeder heifers under 450 lbs. 2.00-8.00 lower; over 450 lbs. 2.00-7.00 higher. Slaughter cows 3.00-5.00 lower. Slaugher bulls steady to 3.00 higher. Quality was plain to average. Buyer activity was limited. Sold three loads of cattle on video. View seperate link to see video auction results.

Weight classPick one — the panels below update

Heifers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb heifers averaged $149.66/cwt on 64 head.
Average price
$149.66
64 head · 505 lb average
Value per head Derived
$755
Price × average weight ÷ 100
Grade differential Derived
$157
per head · Medium and Large 1 over Medium and Large 2
$23.50/cwt at this weight
vs the market
−1.92
vs AR average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1508152.5977656
Medium and Large 2479129.096198thin
One grade step is worth $23.50/cwt here — about $157 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 sale64 hd
149.66
—
AR average9 barns · 1,004 hd
151.57
−1.92
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—Average1,69893.531,5889thin
CowsBoner 80-85%Average1,21374.8690816
CowsBreaker 75-80%Average1,27074.009401thin
CowsLean 85-90%Average91450.154586thin

Every lot

46 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. Grouped by class and set lightest first; USDA files them in sale-ring order.
ClassWeightGrade / descriptionAvg wtPriceRangePer headHead
Feeder Cattle · Steers16 lots · lightest first
Steers—Medium and Large 1374188.17/cwt180.00–203.007046
Steers—Medium and Large 2383150.00/cwt150.00–150.005752
Steers—Medium and Large 1422179.37/cwt173.00–185.007579
Steers—Medium and Large 2425152.00/cwt150.00–154.006462
Steers—Medium and Large 1Value Added440200.00/cwt200.00–200.008802
Steers—Medium and Large 2462146.71/cwt145.00–150.006783
Steers—Medium and Large 1476177.37/cwt172.00–183.008448
Steers—Medium and Large 1Value Added485188.00/cwt188.00–188.009122
Steers—Medium and Large 1Value Added525198.00/cwt198.00–198.001,0404
Steers—Medium and Large 1526178.89/cwt170.00–187.0094110
Steers—Medium and Large 1560171.99/cwt166.00–180.009633
Steers—Medium and Large 1Value Added570187.00/cwt187.00–187.001,0662
Steers—Medium and Large 1Value Added620159.00/cwt159.00–159.009862
Steers—Medium and Large 1635150.00/cwt150.00–150.009531
Steers—Medium and Large 1662148.01/cwt147.00–150.009803
Steers—Medium and Large 1790140.00/cwt140.00–140.001,1061
Feeder Cattle · Heifers17 lots · lightest first
Heifers—Medium and Large 1318162.88/cwt160.00–170.005184
Heifers—Medium and Large 1366161.08/cwt155.00–165.005906
Heifers—Medium and Large 2380137.53/cwt135.00–140.005232
Heifers—Medium and Large 1435155.50/cwt150.00–160.006767
Heifers—Medium and Large 1472154.70/cwt145.00–161.007305
Heifers—Medium and Large 2475126.94/cwt124.00–130.006032
Heifers—Medium and Large 1Value Added513162.02/cwt161.00–163.008314
Heifers—Medium and Large 2518126.26/cwt122.00–130.006543
Heifers—Medium and Large 1527152.29/cwt147.00–161.008039
Heifers—Medium and Large 1566148.78/cwt140.00–155.0084210
Heifers—Medium and Large 2570125.00/cwt125.00–125.007131
Heifers—Medium and Large 1Value Added580157.00/cwt157.00–157.009112
Heifers—Medium and Large 1623142.23/cwt135.00–150.008864
Heifers—Medium and Large 1660150.97/cwt149.00–153.009962
Heifers—Medium and Large 1Replacement675900.00/cwt900.00–900.006,0753
Heifers—Medium and Large 1710129.44/cwt121.00–138.009192
Heifers—Medium and Large 1750115.00/cwt115.00–115.008631
Feeder Cattle · Bulls4 lots · lightest first
Bulls—Medium and Large 1473158.33/cwt155.00–160.007493
Bulls—Medium and Large 1532155.38/cwt152.00–159.008273
Bulls—Medium and Large 1570150.00/cwt150.00–150.008551
Bulls—Medium and Large 1625141.00/cwt141.00–141.008811
Slaughter Cattle · Bulls2 lots · lightest first
Bulls——1,44374.52/cwt70.00–79.001,0752
Bulls——1,77198.96/cwt93.00–104.001,7537
Slaughter Cattle · Cows4 lots · lightest first
Cows—Lean 85-90%84043.29/cwt42.00–45.003643
Cows—Lean 85-90%98757.01/cwt55.00–59.005633
Cows—Boner 80-85%1,21374.86/cwt65.00–81.0090816
Cows—Breaker 75-80%1,27074.00/cwt74.00–74.009401
Replacement Cattle · Bred Cows2 lots · lightest first
Bred Cows—Medium and Large 1-21,1801,125.00/cwt1,125.00–1,125.0013,2751
Bred Cows—Medium and Large 1-21,2701,011.91/cwt1,000.00–1,025.0012,8512
Replacement Cattle · Stock Cows1 lot · lightest first
Stock Cows—Medium and Large 1-29911,126.82/cwt1,050.00–1,180.0011,1675

This sale against other markets

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.