Hope Livestock Auction
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Archived Report
Market Notes
Compared to last week: Feeder steers under 550 lbs. 1.00-5.00 higher; over 550 lbs. 3.00-7.00 lower. Feeder heifers 3.00-8.00 lower. Slaughter cows 1.00-3.00 lower. Slaughter bulls 2.00 lower. Quality was average. Buyer activity was good just not as eager to buy the new crop calves. Feeder cattle futures have been softer over last week resulting in a softer tone in the market.
Supply included: 63% Feeder Cattle (48% Steers, 39% Heifers, 13% Bulls); 29% Slaughter Cattle (81% Cows, 19% Bulls); 7% Replacement Cattle (33% Bred Cows, 67% CowCalf Pairs). Feeder cattle supply over 600 lbs was 26%. AUCTION This Week Last Reported 5/12/2022 Last Year Total Receipts: 749 723 0 Feeder Cattle: 475(63.4%) 543(75.1%) 0(0.0%) Slaughter Cattle: 219(29.2%) 150(20.7%) 0(0.0%) Replacement Cattle: 55(7.3%) 30(4.1%) 0(0.0%)
Feeder Steers
| Weight |
Min |
Avg |
Max |
Approx* |
| 200-300 |
|
|
|
$--
|
| 300-400 |
165 |
187 |
205 |
$654
|
| 400-500 |
165 |
176 |
187 |
$790
|
| 500-600 |
150 |
160 |
178 |
$882
|
| 600-700 |
133 |
143 |
152 |
$931
|
| 700-800 |
130 |
133 |
138 |
$1,000
|
Feeder Heifers
| Weight |
Min |
Avg |
Max |
Approx* |
| 200-300 |
|
|
|
$--
|
| 300-400 |
150 |
154 |
160 |
$540
|
| 400-500 |
142 |
148 |
155 |
$664
|
| 500-600 |
140 |
145 |
153 |
$798
|
| 600-700 |
120 |
131 |
141 |
$849
|
| 700-800 |
115 |
118 |
120 |
$887
|
*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 |
$86 |
$97 |
Total Run
