Sale reports / Arkansas / Hope Livestock Auction Inc. / 2021-03-04

Hope Livestock Auction Inc.

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Hope, Arkansas · Thu, Mar 4
● Final42 lots reportedUSDA AMS · slug 2058
Feeder Cattle receipts
429 head
66 vs last sale 363 64 vs year ago 493 · 13.0%
Slaughter Cattle receipts
60 head
21 vs last sale 81 61 vs year ago 121 · 50.4%
Replacement Cattle receipts
10 head
10 vs last sale 20 5 vs year ago 15 · 33.3%
View

Reporter comment USDA

As filed

Compared to last week: Feeder steers 4.00-10.00 higher with some cattle under 500 lbs. as much as 20.00 higher. Feeder heifers 3.00-10.00 higher. Slaughter cows and bulls steady. Quality was average. Buyer participation was active. Wet weather still had receipts limited.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $162.75/cwt on 87 head.
Average price
$162.75
87 head · 483 lb average
Value per head Derived
$787
Price × average weight ÷ 100
Grade differential Derived
$174
per head · Medium and Large 1 over Medium and Large 2
$24.41/cwt at this weight
vs the market
+12.86
vs AR average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1488165.5680877
Medium and Large 2449141.1463310thin
One grade step is worth $24.41/cwt here — about $174 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 sale87 hd
162.75
AR average9 barns · 2,757 hd
149.89
+12.86
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
BullsHigh1,78385.571,5267thin
CowsBoner 80-85%Average1,20454.9566116
CowsLean 85-90%Average91638.463529thin

Every lot, as filed

42 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
Bulls1,91893.72/cwt93.50–94.001,7982
Bulls1,51874.49/cwt74.00–75.001,1312
Bulls1,87087.53/cwt85.00–90.001,6373
CowsBoner 80-85%1,24757.88/cwt53.00–63.0072213
CowsBoner 80-85%1,01742.24/cwt40.00–45.004303
CowsLean 85-90%96840.87/cwt37.00–44.003967
SteersMedium and Large 1613142.00/cwt138.00–145.008707
HeifersMedium and Large 1Value Added535142.00/cwt142.00–142.007602
HeifersMedium and Large 1Value Added474144.55/cwt142.00–145.006857
SteersMedium and Large 1472168.84/cwt155.00–178.0079713
BullsMedium and Large 1575125.00/cwt125.00–125.007191
SteersMedium and Large 1665137.01/cwt136.00–139.009113
SteersMedium and Large 1745130.00/cwt130.00–130.009691
SteersMedium and Large 1Value Added627150.99/cwt150.00–153.009473
HeifersMedium and Large 1674125.49/cwt125.00–127.008464
HeifersMedium and Large 1705121.00/cwt121.00–121.008531
SteersMedium and Large 1572148.10/cwt140.00–155.008477
SteersMedium and Large 1Value Added705137.00/cwt137.00–137.009662
HeifersMedium and Large 1423140.84/cwt135.00–145.0059610
HeifersMedium and Large 1523133.83/cwt129.00–138.007006
SteersMedium and Large 1518159.36/cwt152.00–165.008255
SteersMedium and Large 1373185.10/cwt175.00–200.0069011
SteersMedium and Large 1Value Added465172.57/cwt165.00–178.008026
SteersMedium and Large 1426175.07/cwt165.00–183.0074614
HeifersMedium and Large 2475120.00/cwt120.00–120.005701
HeifersMedium and Large 2355127.50/cwt125.00–130.004532
HeifersMedium and Large 2325131.92/cwt128.00–135.004294
HeifersMedium and Large 1373144.18/cwt142.00–145.005386
SteersMedium and Large 1332186.97/cwt180.00–195.006215
SteersMedium and Large 2533131.93/cwt129.00–135.007032
Bred CowsMedium and Large 1-21,1231,092.72/cwt1,085.00–1,100.0012,2712
SteersMedium and Large 2382150.17/cwt145.00–155.005743
SteersMedium and Large 2433143.51/cwt142.00–145.006212
SteersMedium and Large 2470136.68/cwt135.00–140.006423
HeifersMedium and Large 1568131.72/cwt128.00–135.007484
HeifersMedium and Large 1627127.76/cwt124.00–134.008019
CowsLean 85-90%73530.02/cwt29.00–31.002212
BullsMedium and Large 1745117.00/cwt117.00–117.008721
BullsMedium and Large 1473148.93/cwt142.00–155.007043
HeifersMedium and Large 1328151.32/cwt147.00–157.004963
HeifersMedium and Large 1473137.23/cwt130.00–143.0064913
Bred CowsMedium and Large 1-21,1651,075.95/cwt1,055.00–1,100.0012,5352

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.