Sale reports / Arkansas / Hope Livestock Auction Inc. / 2022-08-04

Hope Livestock Auction Inc.

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Hope, Arkansas · Thu, Aug 4
● Final41 lots reportedUSDA AMS · slug 2058
Feeder Cattle receipts
592 head
▲ 156 vs last sale 436▼ 127 vs year ago 719 · −17.7%
Slaughter Cattle receipts
110 head
▼ 3 vs last sale 113▼ 9 vs year ago 119 · −7.6%
Replacement Cattle receipts
20 head
▲ 10 vs last sale 10▲ 0 vs year ago 20 · +0.0%
View

Reporter comment USDA

As filed

Compared to last week: Feeder steers under 550 lbs 2.00-6.00 higher; over 550 lbs 2.00-4.00 lower. Feeder heifers under 550 lbs 2.00-5.00 higher; over 550 lbs 2.00-3.00 lower. Slaughter cows 4.00-7.00 higher. Slaughter bulls 1.00-3.00 higher. Quality was average. Lighter cattle were in high demand. Very few larger calves and yearlings on offer, mostly light weight calves coming straight off cows.

Weight classPick one — the panels below update

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $164.96/cwt on 115 head.
Average price
$164.96
115 head · 455 lb average
Value per head Derived
$751
Price × average weight ÷ 100
Grade differential Derived
$172
per head · Medium and Large 1 over Medium and Large 2
$25.44/cwt at this weight
vs the market
−4.50
vs AR average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1466172.7080580
Medium and Large 2430147.2663335
One grade step is worth $25.44/cwt here — about $172 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 sale115 hd
164.96
—
AR average9 barns · 1,120 hd
169.46
−4.50
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—Average1,66380.851,34515
CowsBoner 80-85%Average1,16565.7576630
CowsLean 85-90%Average89646.2141413

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 Cows2nd Stage (4-6 mo)Aged (>8 yrs)1,155$8002thin

Every lot

41 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 · Steers14 lots · lightest first
Steers—Medium and Large 2318155.84/cwt150.00–160.004967
Steers—Medium and Large 1331194.16/cwt185.00–208.0064314
Steers—Medium and Large 2369152.09/cwt150.00–155.005617
Steers—Medium and Large 1372189.23/cwt185.00–195.0070413
Steers—Medium and Large 1426176.99/cwt170.00–182.007549
Steers—Medium and Large 2427147.70/cwt145.00–150.006318
Steers—Medium and Large 1470168.63/cwt165.00–175.0079313
Steers—Medium and Large 2475142.24/cwt140.00–147.006766
Steers—Medium and Large 2516136.74/cwt135.00–138.007065
Steers—Medium and Large 1527164.07/cwt160.00–170.0086513
Steers—Medium and Large 1564154.29/cwt150.00–160.008708
Steers—Medium and Large 1629151.92/cwt150.00–155.009565
Steers—Medium and Large 1671145.17/cwt140.00–148.009745
Steers—Medium and Large 2695140.00/cwt140.00–140.009732
Feeder Cattle · Heifers14 lots · lightest first
Heifers—Medium and Large 2324145.74/cwt140.00–150.004725
Heifers—Medium and Large 1329165.79/cwt160.00–172.0054514
Heifers—Medium and Large 1371164.33/cwt160.00–170.0061011
Heifers—Medium and Large 2379143.13/cwt140.00–145.005425
Heifers—Medium and Large 1426157.22/cwt152.00–165.0067010
Heifers—Medium and Large 2429141.21/cwt138.00–144.006067
Heifers—Medium and Large 2477131.91/cwt130.00–135.006296
Heifers—Medium and Large 1479148.80/cwt144.00–157.007138
Heifers—Medium and Large 1526149.14/cwt142.00–155.0078411
Heifers—Medium and Large 2532127.33/cwt125.00–130.006776
Heifers—Medium and Large 2558125.58/cwt120.00–132.007016
Heifers—Medium and Large 1569142.65/cwt138.00–149.008128
Heifers—Medium and Large 1623140.55/cwt135.00–145.008766
Heifers—Medium and Large 1660135.96/cwt130.00–144.008976
Feeder Cattle · Bulls4 lots · lightest first
Bulls—Medium and Large 1475148.98/cwt147.00–150.007086
Bulls—Medium and Large 1526142.35/cwt138.00–146.0074910
Bulls—Medium and Large 1577140.82/cwt135.00–148.008136
Bulls—Medium and Large 1625132.61/cwt130.00–135.008296
Slaughter Cattle · Bulls3 lots · lightest first
Bulls——1,57973.88/cwt72.00–77.001,1677
Bulls——1,72084.79/cwt80.00–88.001,4587
Bulls——1,855102.00/cwt102.00–102.001,8921
Slaughter Cattle · Cows5 lots · lightest first
Cows—Lean 85-90%82237.45/cwt32.00–40.003087
Cows—Lean 85-90%98356.43/cwt52.00–62.005556
Cows—Boner 80-85%1,04452.34/cwt48.00–56.005468
Cows—Boner 80-85%1,20068.58/cwt62.00–74.0082317
Cows—Boner 80-85%1,24177.60/cwt75.00–84.009635
Replacement Cattle · Bred Cows1 lot · lightest first
Bred Cows—Medium and Large 11,155800.00/head800.00–800.008002

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.