Sale reports / Arkansas / Hope Livestock Auction Inc. / 2021-01-07

Hope Livestock Auction Inc.

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Hope, Arkansas · Thu, Jan 7
● Final49 lots reportedUSDA AMS · slug 2058
Feeder Cattle receipts
505 head
▼ 196 vs last sale 701▼ 641 vs year ago 1,146 · −55.9%
Slaughter Cattle receipts
105 head
▲ 18 vs last sale 87▼ 73 vs year ago 178 · −41.0%
Replacement Cattle receipts
35 head
▲ 25 vs last sale 10▲ 15 vs year ago 20 · +75.0%
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Reporter comment USDA

As filed

No trend due to sale being closed for two weeks due to holidays. Cattle were average with some attractive. Buyers activity was good even with very wet conditions for past couple of days.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $158.22/cwt on 105 head.
Average price
$158.22
105 head · 455 lb average
Value per head Derived
$721
Price × average weight ÷ 100
Grade differential Derived
$207
per head · Medium and Large 1 over Medium and Large 2
$23.25/cwt at this weight
vs the market
+8.34
vs AR average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1470163.0976783
Medium and Large 2400139.8455922
One grade step is worth $23.25/cwt here — about $207 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 sale105 hd
158.22
—
AR average8 barns · 1,753 hd
149.88
+8.34
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—Average1,63972.051,18111
CowsBreaker 75-80%Average1,36545.006141thin
CowsBoner 80-85%Average1,20642.7751614
CowsLean 85-90%Average94832.1930513

Every lot, as filed

49 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.
ClassGrade / descriptionWeightAvg wtPriceRangePer headHead
CowsLean 85-90%—99535.05/cwt33.00–38.0034910
Bulls——1,72877.54/cwt72.00–83.001,3407
Bulls——1,48462.43/cwt58.00–67.009264
CowsLean 85-90%—79022.67/cwt21.00–25.001793
CowsBoner 80-85%—1,20642.77/cwt40.00–47.0051614
CowsBreaker 75-80%—1,36545.00/cwt45.00–45.006141
HeifersMedium and Large 1—421137.88/cwt130.00–145.005806
SteersMedium and Large 1Value Added—605145.86/cwt144.00–146.0088214
Cow-Calf PairsMedium and Large 1-2—1,050800.00/cwt800.00–800.008,4001
BullsMedium and Large 1—595127.00/cwt127.00–127.007561
Stock CowsMedium and Large 1-2—89079.00/cwt79.00–79.007031
HeifersMedium and Large 1—723114.99/cwt112.00–117.008313
HeifersMedium and Large 1—337153.33/cwt150.00–157.005176
SteersMedium and Large 1—532148.92/cwt142.00–157.007925
HeifersMedium and Large 1—569123.65/cwt120.00–130.007046
HeifersMedium and Large 1Value Added—500130.00/cwt130.00–130.0065012
Cow-Calf PairsMedium and Large 1-2—1,160900.00/cwt900.00–900.0010,4401
SteersMedium and Large 1Value Added—470165.50/cwt165.00–167.007784
SteersMedium and Large 1Value Added—445178.00/cwt178.00–178.007925
SteersMedium and Large 1—565139.91/cwt135.00–145.007902
SteersMedium and Large 1—376175.12/cwt173.00–179.006587
HeifersMedium and Large 1—516128.53/cwt125.00–134.0066311
BullsMedium and Large 1—600117.00/cwt117.00–117.007021
SteersMedium and Large 1—424171.11/cwt157.00–177.0072623
SteersMedium and Large 1—600131.00/cwt127.00–135.007862
HeifersMedium and Large 2—318126.06/cwt125.00–127.004012
SteersMedium and Large 1—680127.00/cwt127.00–127.008641
HeifersMedium and Large 1—600120.00/cwt120.00–120.007201
HeifersMedium and Large 1Value Added—590123.00/cwt123.00–123.0072614
HeifersMedium and Large 1—377148.25/cwt140.00–155.0055911
HeifersMedium and Large 1—478132.98/cwt127.00–137.006368
SteersMedium and Large 2—332145.41/cwt138.00–150.004838
SteersMedium and Large 1—321177.68/cwt175.00–182.005707
SteersMedium and Large 2—467131.68/cwt130.00–135.006153
SteersMedium and Large 1—473163.36/cwt153.00–170.0077313
HeifersMedium and Large 2—422121.77/cwt115.00–125.005149
SteersMedium and Large 2—375145.00/cwt145.00–145.005442
Bred CowsMedium and Large 1-2—1,123917.92/cwt800.00–1,200.0010,30810
SteersMedium and Large 2—520127.52/cwt125.00–130.006632
HeifersMedium and Large 2—371130.05/cwt125.00–145.004824
HeifersMedium and Large 1—673117.00/cwt117.00–117.007872
HeifersMedium and Large 2—475117.03/cwt115.00–119.005563
HeifersMedium and Large 2—523115.61/cwt114.00–117.006055
Stock CowsMedium and Large 1-2—82065.00/cwt65.00–65.005331
SteersMedium and Large 2—422139.01/cwt133.00–145.005877
Stock CowsMedium and Large 1-2—82363.97/cwt63.00–65.005262
Bred CowsMedium and Large 1-2—1,190825.00/cwt825.00–825.009,8181
Bred CowsMedium and Large 1-2—1,115800.00/cwt800.00–800.008,9201
Bred CowsMedium and Large 1-2—1,152989.52/cwt900.00–1,200.0011,3997

How this sale compares

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.