Sale reports / Arkansas / Hope Livestock Auction Inc. / 2022-03-31

Hope Livestock Auction Inc.

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Hope, Arkansas · Thu, Mar 31
● Final55 lots reportedUSDA AMS · slug 2058
Feeder Cattle receipts
362 head
▼ 166 vs last sale 528▼ 466 vs year ago 828 · −56.3%
Slaughter Cattle receipts
99 head
▲ 19 vs last sale 80▼ 34 vs year ago 133 · −25.6%
Replacement Cattle receipts
15 head
▲ 5 vs last sale 10▼ 5 vs year ago 20 · −25.0%
View

Reporter comment USDA

As filed

Compared to last week: Feeder steers 2.00-7.00 higher. Feeder heifers under 450 lbs. 6.00-12.00 higher; over 450 lbs. 2.00-5.00 higher. Slaugher cows 2.00-5.00 lower. Slaughter bulls 3.00-5.00 lower. Quality was average. Buyer participation was active. Light weight cattle were in high demand.

Weight classPick one — the panels below update

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $176.90/cwt on 74 head.
Average price
$176.90
74 head · 477 lb average
Value per head Derived
$844
Price × average weight ÷ 100
Grade differential Derived
$233
per head · Medium and Large 1 over Medium and Large 2
$26.24/cwt at this weight
vs the market
−3.24
vs AR average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1489181.5188761
Medium and Large 2421155.2765413thin
One grade step is worth $26.24/cwt here — about $233 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 sale74 hd
176.90
—
AR average9 barns · 1,316 hd
180.14
−3.24
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—High1,63596.051,5719thin
CowsBreaker 75-80%Average1,44575.001,0841thin
CowsBoner 80-85%Low1,18065.7977629
CowsLean 85-90%Low92052.334816thin

Every lot

55 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 · Steers18 lots · lightest first
Steers—Medium and Large 1329194.96/cwt185.00–200.006414
Steers—Medium and Large 2330164.06/cwt160.00–168.005412
Steers—Medium and Large 1370188.27/cwt180.00–199.006977
Steers—Medium and Large 2378160.13/cwt155.00–165.006053
Steers—Medium and Large 1Value Added412204.75/cwt200.00–207.008445
Steers—Medium and Large 1425185.94/cwt175.00–197.0079010
Steers—Medium and Large 2425155.00/cwt155.00–155.006592
Steers—Medium and Large 1Value Added453203.77/cwt199.00–210.009238
Steers—Medium and Large 2465151.00/cwt145.00–155.007025
Steers—Medium and Large 1474179.93/cwt175.00–185.008538
Steers—Medium and Large 2510145.00/cwt145.00–145.007401
Steers—Medium and Large 1521179.14/cwt173.00–185.009337
Steers—Medium and Large 1550174.00/cwt174.00–174.009571
Steers—Medium and Large 1620151.94/cwt150.00–154.009422
Steers—Medium and Large 1670152.96/cwt151.00–155.001,0252
Steers—Medium and Large 1713145.32/cwt144.00–147.001,0363
Steers—Medium and Large 1750141.00/cwt141.00–141.001,0581
Steers—Medium and Large 1840135.67/cwt135.00–136.001,1403
Feeder Cattle · Heifers15 lots · lightest first
Heifers—Medium and Large 1312175.18/cwt171.00–180.005476
Heifers—Medium and Large 2335145.00/cwt145.00–145.004861
Heifers—Medium and Large 2355147.00/cwt147.00–147.005221
Heifers—Medium and Large 1370167.36/cwt160.00–175.006196
Heifers—Medium and Large 1424166.66/cwt157.00–177.0070714
Heifers—Medium and Large 2425140.00/cwt140.00–140.005951
Heifers—Medium and Large 1472156.28/cwt151.00–165.007387
Heifers—Medium and Large 1507150.99/cwt145.00–155.007667
Heifers—Medium and Large 1Value Added520160.00/cwt160.00–160.008323
Heifers—Medium and Large 2540130.00/cwt130.00–130.007021
Heifers—Medium and Large 1576146.63/cwt142.00–151.008455
Heifers—Medium and Large 1660134.01/cwt130.00–137.008843
Heifers—Medium and Large 1720131.00/cwt131.00–131.009432
Heifers—Medium and Large 1772122.66/cwt122.00–123.009473
Heifers—Medium and Large 1818116.34/cwt110.00–127.009525
Feeder Cattle · Bulls8 lots · lightest first
Bulls—Medium and Large 1464164.47/cwt160.00–168.007636
Bulls—Medium and Large 1518159.00/cwt155.00–165.008246
Bulls—Medium and Large 1565152.94/cwt146.00–158.008643
Bulls—Medium and Large 1640139.05/cwt133.00–145.008902
Bulls—Medium and Large 1690135.00/cwt135.00–135.009321
Bulls—Medium and Large 1720130.50/cwt125.00–136.009402
Bulls—Medium and Large 1810118.42/cwt112.00–125.009592
Bulls—Medium and Large 1860107.00/cwt107.00–107.009201
Slaughter Cattle · Bulls2 lots · lightest first
Bulls——1,60394.06/cwt84.00–103.001,5088
Bulls——1,895112.00/cwt112.00–112.002,1221
Slaughter Cattle · Cows6 lots · lightest first
Cows—Lean 85-90%75532.00/cwt32.00–32.002421
Cows—Lean 85-90%95356.40/cwt55.00–58.005375
Cows—Boner 80-85%1,05952.44/cwt48.00–55.005555
Cows—Boner 80-85%1,19965.86/cwt61.00–72.0079019
Cows—Boner 80-85%1,22678.85/cwt75.00–84.009675
Cows—Breaker 75-80%1,44575.00/cwt75.00–75.001,0841
Replacement Cattle · Bred Cows3 lots · lightest first
Bred Cows—Medium and Large 1-29501,050.00/cwt1,050.00–1,050.009,9751
Bred Cows—Medium and Large 1-21,1851,350.00/cwt1,350.00–1,350.0015,9981
Bred Cows—Medium and Large 1-21,190900.00/cwt900.00–900.0010,7101
Replacement Cattle · Cow-Calf Pairs3 lots · lightest first
Cow-Calf Pairs—Medium and Large 1-21,3101,184.54/cwt1,075.00–1,280.0015,5172
Cow-Calf Pairs—Medium and Large 1-21,4851,450.00/cwt1,450.00–1,450.0021,5331
Cow-Calf Pairs—Medium and Large 1-21,6201,400.00/cwt1,400.00–1,400.0022,6801

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.