Sale reports / Arkansas / Hope Livestock Auction Inc. / 2021-01-14

Hope Livestock Auction Inc.

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Hope, Arkansas · Thu, Jan 14
● Final60 lots reportedUSDA AMS · slug 2058
Feeder Cattle receipts
1,292 head
▲ 787 vs last sale 505▲ 655 vs year ago 637 · +102.8%
Slaughter Cattle receipts
147 head
▲ 42 vs last sale 105▲ 36 vs year ago 111 · +32.4%
Replacement Cattle receipts
25 head
▼ 10 vs last sale 35▲ 5 vs year ago 20 · +25.0%
View

Reporter comment USDA

As filed

Compared to last week: Feeder steers steady. Feeder heifers under 400 lbs. 10.00-15.00 lower; over 400 lbs. 2.00-5.00 lower. Slaughter cows 2.00-4.00 higher. Slaughter bulls 1.00-3.00 higher. Had a attractive set of value added cattle; rest of the offering was average. Buyer participation was active on attractive cattle; plainer cattle not as desired. Market was good considering grain prices have been on a steady incline along with softer feeder cattle futures.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $152.17/cwt on 217 head.
Average price
$152.17
217 head · 529 lb average
Value per head Derived
$806
Price × average weight ÷ 100
Grade differential Derived
$224
per head · Medium and Large 1 over Medium and Large 2
$17.39/cwt at this weight
vs the market
+4.56
vs AR average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1538153.77828197
Medium and Large 2443136.3860420
One grade step is worth $17.39/cwt here — about $224 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 sale217 hd
152.17
—
AR average9 barns · 2,941 hd
147.61
+4.56
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—Average1,74075.471,3139thin
CowsBoner 80-85%Low1,20545.5254833
CowsLean 85-90%Average92934.5832123

Every lot, as filed

60 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
HeifersMedium and Large 1—369134.92/cwt130.00–140.004986
SteersMedium and Large 1—335177.46/cwt175.00–180.005942
SteersMedium and Large 1—375174.88/cwt168.00–180.0065610
SteersMedium and Large 1—524150.23/cwt140.00–160.0078710
SteersMedium and Large 1—758117.02/cwt115.00–119.008872
SteersMedium and Large 1—723126.52/cwt125.00–128.009152
SteersMedium and Large 1—427170.58/cwt160.00–178.0072824
SteersMedium and Large 1Value Added—570155.96/cwt151.00–160.0088921
SteersMedium and Large 1Value Added—520164.64/cwt158.00–170.0085621
SteersMedium and Large 1Value Added—479169.55/cwt165.00–178.0081218
SteersMedium and Large 1Value Added—685137.00/cwt132.00–141.009389
SteersMedium and Large 1Value Added—445178.00/cwt178.00–178.007923
HeifersMedium and Large 1Replacement—410245.00/cwt240.00–250.001,0053
HeifersMedium and Large 1Replacement—505217.67/cwt200.00–235.001,0992
HeifersMedium and Large 1Value Added—570129.59/cwt125.00–136.0073919
HeifersMedium and Large 1Value Added—450140.00/cwt140.00–140.006302
HeifersMedium and Large 1Value Added—523136.59/cwt135.00–140.007149
SteersMedium and Large 1Value Added—623139.84/cwt136.00–144.0087123
HeifersMedium and Large 1—619117.68/cwt115.00–125.0072810
BullsMedium and Large 1—478147.52/cwt142.00–155.007057
BullsMedium and Large 1—626125.50/cwt122.00–130.007864
BullsMedium and Large 1—571130.73/cwt125.00–135.007464
BullsMedium and Large 1—700108.00/cwt108.00–108.007561
BullsMedium and Large 1—695118.00/cwt118.00–118.008201
CowsLean 85-90%—97738.74/cwt35.00–42.0037815
CowsBoner 80-85%—1,05834.19/cwt30.00–36.003624
CowsBoner 80-85%—1,37553.49/cwt53.00–54.007352
CowsBoner 80-85%—1,21446.61/cwt42.00–52.0056627
Bulls——1,84581.67/cwt75.00–88.001,5076
Bulls——1,53063.06/cwt60.00–66.009653
Bred CowsMedium and Large 1-2—1,080875.00/cwt875.00–875.009,4501
Bred CowsMedium and Large 1-2—1,100825.00/cwt825.00–825.009,0751
Bred CowsMedium and Large 1-2—1,0501,000.00/cwt1,000.00–1,000.0010,5001
Bred CowsMedium and Large 1-2—1,223719.82/cwt650.00–775.008,8033
Bred CowsMedium and Large 1-2—1,110721.85/cwt700.00–750.008,0132
CowsLean 85-90%—83826.77/cwt24.00–30.002248
SteersMedium and Large 2—468133.07/cwt130.00–135.006235
SteersMedium and Large 2—430137.01/cwt135.00–142.005896
SteersMedium and Large 2—373145.00/cwt145.00–145.005413
SteersMedium and Large 2—333148.98/cwt148.00–150.004962
SteersMedium and Large 2—600114.00/cwt114.00–114.006841
Bred HeifersMedium and Large 1-2—917933.82/cwt875.00–1,000.008,5636
SteersMedium and Large 2—518131.05/cwt128.00–135.006793
HeifersMedium and Large 2—376118.97/cwt114.00–122.004475
HeifersMedium and Large 2—330124.25/cwt124.00–125.004104
HeifersMedium and Large 2—474115.87/cwt113.00–120.005498
HeifersMedium and Large 2—523114.77/cwt111.00–120.006005
HeifersMedium and Large 2—428118.87/cwt113.00–123.005098
HeifersMedium and Large 2—555112.00/cwt112.00–112.006221
HeifersMedium and Large 1—425134.26/cwt133.00–135.005714
BullsMedium and Large 1—530133.83/cwt130.00–137.007095
HeifersMedium and Large 1—569123.86/cwt120.00–128.007057
HeifersMedium and Large 1—320135.78/cwt135.00–137.004344
HeifersMedium and Large 1—783105.00/cwt105.00–105.008222
HeifersMedium and Large 1—521127.16/cwt123.00–135.0066318
SteersMedium and Large 1—573139.14/cwt131.00–148.0079716
SteersMedium and Large 1—474159.20/cwt155.00–165.0075515
SteersMedium and Large 1—623130.80/cwt125.00–138.0081511
SteersMedium and Large 1—669128.46/cwt122.00–137.0085910
HeifersMedium and Large 1—466126.17/cwt123.00–134.0058827

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.