Hope Livestock Auction
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Archived Report
4/22/2021
Total Run: 1,148
Market Notes
Compared to last week: Feeder steers 8.00-17.00 lower. Feeder heifers 6.00-15.00 lower. Slaughter cows steady to 2.00 higher. Slaughter bulls steady. Quality was plain to average. More new crop calves coming to town. Grain prices continue to climb putting more pressure on cattle futures. Futures contracts have lost considerable amounts over last two weeks; which is causing the cash market to weaken.
Supply included: 86% Feeder Cattle (49% Steers, 44% Heifers, 7% Bulls); 12% Slaughter Cattle (79% Cows, 21% Bulls); 2% Replacement Cattle (73% Bred Cows, 27% Cow-Calf Pairs). Feeder cattle supply over 600 lbs was 15%. AUCTION This Week Last Reported 4/15/2021 Last Year Total Receipts: 1,148 858 371 Feeder Cattle: 984(85.7%) 682(79.5%) 291(78.4%) Slaughter Cattle: 139(12.1%) 147(17.1%) 80(21.6%) Replacement Cattle: 25(2.2%) 29(3.4%) 0(0.0%)
Feeder Steers
| Weight |
Min |
Avg |
Max |
Approx* |
| 200-300 |
|
|
|
$--
|
| 300-400 |
165 |
176 |
185 |
$617
|
| 400-500 |
145 |
156 |
160 |
$703
|
| 500-600 |
127 |
140 |
154 |
$772
|
| 600-700 |
130 |
136 |
139 |
$887
|
| 700-800 |
125 |
133 |
131 |
$997
|
Feeder Heifers
| Weight |
Min |
Avg |
Max |
Approx* |
| 200-300 |
|
|
|
$--
|
| 300-400 |
139 |
148 |
155 |
$519
|
| 400-500 |
125 |
132 |
147 |
$594
|
| 500-600 |
|
|
|
$--
|
| 600-700 |
|
|
|
$--
|
| 700-800 |
|
|
|
$--
|
*Approx is the middle weight of the weight group multiplied by the mid point of the high and low for the group. It's meant as a quick method to see what cattle of that weight class are bringing per head.
Cows & Bulls
| Type |
Min |
Avg |
Max |
| Slaughter Bulls |
$65 |
$86 |
$96 |
Total Run
