Sale reports / Arkansas / Hope Livestock Auction Inc. / 2021-02-11

Hope Livestock Auction Inc.

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Hope, Arkansas · Thu, Feb 11
● Final28 lots reportedUSDA AMS · slug 2058
Feeder Cattle receipts
252 head
628 vs last sale 880 54 vs year ago 306 · 17.6%
Slaughter Cattle receipts
21 head
38 vs last sale 59 16 vs year ago 37 · 43.2%
Replacement Cattle receipts
10 head
0 vs last sale 10 2 vs year ago 8 · +25.0%
View

Reporter comment USDA

As filed

Due to inclement weather and the forecast of wintry weather, the market was considerably cheaper. A limited number of buyers were present due to the small offering and a bleak forecast. Did sell a straight load of preconditioned cattle on video at a premium. The quality was plain to average.

Weight class

Heifers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb heifers averaged $133.88/cwt on 108 head.
Average price
$133.88
108 head · 537 lb average
Value per head Derived
$719
Price × average weight ÷ 100
Grade differential Derived
$300
per head · Medium and Large 1 over Medium and Large 2
$19.24/cwt at this weight
vs the market
+4.89
vs AR average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1540134.24725106
Medium and Large 2370115.004262thin
One grade step is worth $19.24/cwt here — about $300 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 sale108 hd
133.88
AR average4 barns · 240 hd
128.99
+4.89
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
BullsHigh1,56683.831,3136thin
CowsBoner 80-85%Average1,24450.526286thin
CowsLean 85-90%Low89128.972584thin

Every lot, as filed

28 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%82822.00/cwt22.00–22.001822
CowsLean 85-90%95335.94/cwt35.00–37.003432
Bulls1,64389.05/cwt88.00–90.001,4632
Bulls1,52881.22/cwt77.00–86.001,2414
CowsBoner 80-85%1,24450.52/cwt47.00–54.006286
BullsMedium and Large 1475130.00/cwt130.00–130.006181
HeifersMedium and Large 1519124.49/cwt124.00–125.006462
HeifersMedium and Large 2430115.00/cwt115.00–115.004951
SteersMedium and Large 1459138.16/cwt130.00–145.006346
SteersMedium and Large 1403139.98/cwt130.00–145.005643
BullsMedium and Large 1555125.00/cwt125.00–125.006941
BullsMedium and Large 1740110.00/cwt110.00–110.008141
HeifersMedium and Large 1Value Added570136.00/cwt136.00–136.0077585
HeifersMedium and Large 1417125.67/cwt125.00–129.005246
BullsMedium and Large 1523128.00/cwt125.00–135.006694
HeifersMedium and Large 1740110.00/cwt110.00–110.008141
SteersMedium and Large 1668128.33/cwt127.00–130.008573
SteersMedium and Large 1727126.25/cwt122.00–131.009183
SteersMedium and Large 1520137.20/cwt130.00–144.007132
Bred CowsMedium and Large 1-21,080700.00/cwt700.00–700.007,5601
HeifersMedium and Large 1477129.01/cwt125.00–133.006153
SteersMedium and Large 2415124.88/cwt120.00–130.005182
Bred CowsMedium and Large 1-21,095560.00/cwt560.00–560.006,1322
Bred CowsMedium and Large 1-21,070800.00/cwt800.00–800.008,5601
HeifersMedium and Large 1313130.11/cwt128.00–134.004074
HeifersMedium and Large 1369129.70/cwt125.00–135.004795
SteersMedium and Large 2360129.00/cwt129.00–129.004641
HeifersMedium and Large 2310115.00/cwt115.00–115.003571

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.