Hope Livestock Auction
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Archived Report
Market Notes
Compared to last week: Feeder steers under 550 lbs. 7.00-15.00 lower; over 550 lbs. 1.00-3.00 lower. Feeder heifers under 450 lbs. 8.0011.00 lower; over 450 lbs. steady to 3.00 higher. Slaughter cows 3.00-5.00 higher. Slaughter bulls steady. Quality was plain. Market was softer on most classes of feeder cattle. Cattle futures have seen cheaper prices over last week or so and has bled down in the auction market. Buyer activity was more reluctant this week.
Supply included: 75% Feeder Cattle (42% Steers, 48% Heifers, 10% Bulls); 21% Slaughter Cattle (86% Cows, 14% Bulls); 4% Replacement Cattle (24% Bred Cows, 76% Cow-Calf Pairs). Feeder cattle supply over 600 lbs was 11%. AUCTION This Week Last Reported 5/5/2022 Last Year Total Receipts: 723 586 810 Feeder Cattle: 543(75.1%) 446(76.1%) 511(63.1%) Slaughter Cattle: 150(20.7%) 130(22.2%) 159(19.6%) Replacement Cattle: 30(4.1%) 10(1.7%) 140(17.3%)
Feeder Steers
Weight |
Min |
Avg |
Max |
Approx* |
200-300 |
|
|
|
$--
|
300-400 |
180 |
185 |
200 |
$649
|
400-500 |
165 |
173 |
178 |
$778
|
500-600 |
155 |
164 |
172 |
$900
|
600-700 |
145 |
148 |
153 |
$961
|
700-800 |
137 |
138 |
146 |
$1,038
|
Feeder Heifers
Weight |
Min |
Avg |
Max |
Approx* |
200-300 |
|
|
|
$--
|
300-400 |
150 |
158 |
167 |
$553
|
400-500 |
|
|
|
$--
|
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 |
$68 |
$83 |
$93 |
Total Run