Sale reports / Arkansas / Hope Livestock Auction Inc. / 2021-02-25

Hope Livestock Auction Inc.

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Hope, Arkansas · Thu, Feb 25
● Final54 lots reportedUSDA AMS · slug 2058
Feeder Cattle receipts
363 head
▲ 363 vs last sale 0▼ 74 vs year ago 437 · −16.9%
Slaughter Cattle receipts
81 head
▲ 81 vs last sale 0▲ 2 vs year ago 79 · +2.5%
Replacement Cattle receipts
20 head
▲ 20 vs last sale 0▲ 2 vs year ago 18 · +11.1%
View

Reporter comment USDA

As filed

No trend due to no sale last week and limited receipts the week before. Feeder cattle were selling higher than they were two weeks ago. Limited receipts this week also. Quality was average. Buyer activity was limited.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $146.92/cwt on 68 head.
Average price
$146.92
68 head · 471 lb average
Value per head Derived
$691
Price × average weight ÷ 100
Grade differential Derived
$214
per head · Medium and Large 1 over Medium and Large 2
$13.51/cwt at this weight
vs the market
−8.10
vs AR average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1496150.1074452
Medium and Large 2388136.5853016thin
One grade step is worth $13.51/cwt here — about $214 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 sale68 hd
146.92
—
AR average6 barns · 1,236 hd
155.02
−8.10
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—High1,75083.571,46213
CowsBoner 80-85%Low1,24057.5071314
CowsBreaker 75-80%Average1,45555.008001thin
CowsLean 85-90%Low84532.582757thin

Every lot, as filed

54 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—627116.64/cwt111.00–121.007313
HeifersMedium and Large 1—564126.64/cwt125.00–133.007146
HeifersMedium and Large 1—420137.52/cwt135.00–140.005786
SteersMedium and Large 1—522151.80/cwt145.00–158.007928
HeifersMedium and Large 1—326138.72/cwt135.00–145.004524
HeifersMedium and Large 1—472134.44/cwt132.00–137.0063515
SteersMedium and Large 1—571144.09/cwt138.00–147.008234
SteersMedium and Large 1—665131.52/cwt130.00–133.008752
SteersMedium and Large 1—476150.40/cwt142.00–157.007168
SteersMedium and Large 1—611131.69/cwt130.00–140.008057
SteersMedium and Large 1—415157.47/cwt155.00–162.006543
SteersMedium and Large 1Value Added—485157.00/cwt157.00–157.007613
SteersMedium and Large 1Value Added—523157.49/cwt157.00–158.008244
SteersMedium and Large 1Value Added—605150.00/cwt150.00–150.009083
SteersMedium and Large 1—314162.56/cwt155.00–172.005107
BullsMedium and Large 1—463139.99/cwt138.00–142.006483
BullsMedium and Large 1—605122.48/cwt120.00–125.007412
BullsMedium and Large 1—695118.00/cwt118.00–118.008201
BullsMedium and Large 1—575125.00/cwt125.00–125.007191
HeifersMedium and Large 1Fleshy—605105.00/cwt105.00–105.006351
HeifersMedium and Large 1Fleshy—515120.00/cwt120.00–120.006182
CowsBreaker 75-80%—1,45555.00/cwt55.00–55.008001
CowsBoner 80-85%—1,16044.75/cwt42.00–47.005192
CowsBoner 80-85%—1,25359.62/cwt55.00–63.0074712
Bulls——1,91594.00/cwt94.00–94.001,8001
Bulls——1,76885.47/cwt80.00–90.001,51110
Bulls——1,57568.87/cwt67.00–71.001,0852
Bred CowsMedium and Large 1-2—1,100989.65/cwt910.00–1,050.0010,8863
Bred CowsMedium and Large 1-2—1,158838.92/cwt760.00–900.009,7152
Bred CowsMedium and Large 1-2—1,150826.46/cwt775.00–900.009,5044
Cow-Calf PairsMedium and Large 1-2—1,2401,000.00/cwt1,000.00–1,000.0012,4001
CowsLean 85-90%—79528.76/cwt25.00–32.002294
CowsLean 85-90%—91237.67/cwt36.00–40.003443
SteersMedium and Large 2—470128.00/cwt128.00–128.006021
SteersMedium and Large 2—370140.00/cwt140.00–140.005182
SteersMedium and Large 2—505120.00/cwt120.00–120.006061
SteersMedium and Large 2—410135.73/cwt135.00–138.005564
Bred CowsMedium and Large 1-2—1,1551,100.00/cwt1,100.00–1,100.0012,7051
Bred CowsMedium and Large 1-2—1,168907.55/cwt825.00–975.0010,6002
HeifersMedium and Large 2—377120.67/cwt115.00–125.004553
HeifersMedium and Large 2—327121.76/cwt120.00–125.003983
SteersMedium and Large 2—575120.00/cwt120.00–120.006901
HeifersMedium and Large 2—465119.00/cwt119.00–119.005531
SteersMedium and Large 2—326142.06/cwt135.00–145.004637
HeifersMedium and Large 2—615102.00/cwt102.00–102.006271
HeifersMedium and Large 2—555110.00/cwt110.00–110.006111
HeifersMedium and Large 2—435118.01/cwt115.00–120.005133
BullsMedium and Large 1—532127.17/cwt124.00–129.006775
HeifersMedium and Large 1—518132.28/cwt125.00–137.006856
HeifersMedium and Large 1—375138.00/cwt138.00–138.005181
HeifersMedium and Large 1—688114.52/cwt110.00–119.007882
HeifersMedium and Large 1—750100.00/cwt100.00–100.007501
HeifersMedium and Large 1—730105.52/cwt102.00–110.007704
SteersMedium and Large 1—370155.00/cwt155.00–155.005743

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.