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 classPick one — the panels below update

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

Price by quality 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

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. Grouped by class and set lightest first; USDA files them in sale-ring order.
ClassWeightGrade / descriptionAvg wtPriceRangePer headHead
Feeder Cattle · Steers23 lots · lightest first
Steers—Medium and Large 1315213.99/cwt193.00–240.0067414
Steers—Medium and Large 2325175.00/cwt175.00–175.005695
Steers—Medium and Large 2353170.05/cwt160.00–175.006003
Steers—Medium and Large 1371215.77/cwt200.00–235.0080131
Steers—Medium and Large 1Value Added413226.91/cwt215.00–233.0093712
Steers—Medium and Large 1422218.49/cwt196.00–235.0092222
Steers—Medium and Large 2435160.00/cwt160.00–160.006962
Steers—Medium and Large 2465156.00/cwt156.00–156.007252
Steers—Medium and Large 1Value Added473223.49/cwt220.00–225.001,0578
Steers—Medium and Large 1474210.51/cwt195.00–220.0099811
Steers—Medium and Large 2513154.00/cwt153.00–155.007904
Steers—Medium and Large 1Value Added526198.78/cwt193.00–202.501,0468
Steers—Medium and Large 1530200.23/cwt188.00–215.001,0618
Steers—Medium and Large 2565143.27/cwt140.00–145.008093
Steers—Medium and Large 1568188.85/cwt181.00–195.001,0736
Steers—Medium and Large 1Value Added573195.11/cwt190.00–200.001,1184
Steers—Medium and Large 1Value Added615194.71/cwt189.00–205.001,1976
Steers—Medium and Large 1626172.21/cwt167.00–185.001,0785
Steers—Medium and Large 1Value Added669180.75/cwt177.00–187.001,20910
Steers—Medium and Large 1Value Added716175.01/cwt173.00–179.001,2537
Steers—Medium and Large 1740169.00/cwt169.00–169.001,2511
Steers—Medium and Large 1765152.00/cwt152.00–152.001,1631
Steers—Medium and Large 1Value Added770173.00/cwt173.00–173.001,3322
Feeder Cattle · Heifers17 lots · lightest first
Heifers—Medium and Large 1306182.72/cwt175.00–185.005597
Heifers—Medium and Large 2315155.00/cwt155.00–155.004883
Heifers—Medium and Large 1362188.54/cwt175.00–202.006837
Heifers—Medium and Large 2365152.00/cwt152.00–152.005552
Heifers—Medium and Large 1Value Added405200.50/cwt190.00–207.508125
Heifers—Medium and Large 2419146.01/cwt145.00–150.006125
Heifers—Medium and Large 1427176.48/cwt165.00–187.0075413
Heifers—Medium and Large 2461143.62/cwt140.00–148.006625
Heifers—Medium and Large 1469172.06/cwt165.00–181.0080717
Heifers—Medium and Large 1Value Added508172.65/cwt171.00–175.008779
Heifers—Medium and Large 1522164.94/cwt157.00–171.0086113
Heifers—Medium and Large 2555135.00/cwt135.00–135.007491
Heifers—Medium and Large 1560162.95/cwt157.00–173.009135
Heifers—Medium and Large 1Value Added566167.97/cwt165.00–170.009515
Heifers—Medium and Large 1616149.04/cwt145.00–154.009184
Heifers—Medium and Large 1673143.99/cwt143.00–145.009692
Heifers—Medium and Large 1718134.88/cwt130.00–140.009682
Feeder Cattle · Bulls6 lots · lightest first
Bulls—Medium and Large 1475172.50/cwt170.00–175.008192
Bulls—Medium and Large 1515165.00/cwt165.00–165.008503
Bulls—Medium and Large 1592162.66/cwt160.00–165.009633
Bulls—Medium and Large 1618157.41/cwt150.00–165.009732
Bulls—Medium and Large 1710133.00/cwt133.00–133.009441
Bulls—Medium and Large 1770127.35/cwt120.00–135.009812
Slaughter Cattle · Bulls2 lots · lightest first
Bulls——1,46273.33/cwt72.00–75.001,0723
Bulls——1,74385.76/cwt82.00–89.001,4956
Slaughter Cattle · Cows4 lots · lightest first
Cows—Lean 85-90%80333.35/cwt32.00–35.002683
Cows—Lean 85-90%1,01447.28/cwt42.00–51.0047913
Cows—Boner 80-85%1,06846.27/cwt42.00–50.0049410
Cows—Boner 80-85%1,21263.08/cwt57.00–67.0076540
Replacement Cattle · Bred Cows1 lot · lightest first
Bred Cows—Medium and Large 1-21,200975.00/head975.00–975.009751
Replacement Cattle · Cow-Calf Pairs4 lots · lightest first
Cow-Calf Pairs—Medium and Large 1-21,1521,120.55/head1,025.00–1,225.001,1215
Cow-Calf Pairs—Medium and Large 1-21,200950.00/head950.00–950.009501
Cow-Calf Pairs—Medium and Large 1-21,2751,005.13/head950.00–1,050.001,0053
Cow-Calf Pairs—Medium and Large 1-21,4701,250.00/head1,250.00–1,250.001,2501

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.