Sale reports / Arkansas / Hope Livestock Auction Inc. / 2021-03-11

Hope Livestock Auction Inc.

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Hope, Arkansas · Thu, Mar 11
● Final67 lots reportedUSDA AMS · slug 2058
Feeder Cattle receipts
1,163 head
734 vs last sale 429 531 vs year ago 632 · +84.0%
Slaughter Cattle receipts
123 head
63 vs last sale 60 26 vs year ago 97 · +26.8%
Replacement Cattle receipts
65 head
55 vs last sale 10 30 vs year ago 35 · +85.7%
View

Reporter comment USDA

As filed

Compared to last week: Feeder steers under 400 lbs. 8.00-10.00 lower; over 400 lbs. 1.00-5.00 lower. Feeder heifers under 600 lbs. steady; over 600 lbs. 5.00-7.00 lower. Slaughter cows 1.00-5.00 lower. Slaughter bulls 5.00-7.00 lower. Cattle were plain to average with few attractive. Yearling type cattle small enough to go to grass were in good demand. Precondtioned cattle sold at a premium.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $150.09/cwt on 278 head.
Average price
$150.09
278 head · 556 lb average
Value per head Derived
$835
Price × average weight ÷ 100
Grade differential Derived
$289
per head · Medium and Large 1 over Medium and Large 2
$12.40/cwt at this weight
vs the market
0.16
vs AR average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1581152.05883234
Medium and Large 2425139.6559444
One grade step is worth $12.40/cwt here — about $289 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 sale278 hd
150.09
AR average10 barns · 3,331 hd
150.25
−0.16
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
BullsAverage1,68671.211,2018thin
CowsBreaker 75-80%Average1,45353.047712thin
CowsBoner 80-85%Low1,17648.6257214
CowsLean 85-90%Average90339.1435314

Every lot, as filed

67 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
SteersMedium and Large 1616140.62/cwt135.00–147.008669
BullsMedium and Large 1589126.41/cwt122.00–127.0074515
SteersMedium and Large 1309179.29/cwt175.00–185.005549
HeifersMedium and Large 1Value Added575139.36/cwt137.50–144.0080126
HeifersMedium and Large 1Value Added420150.14/cwt146.00–155.0063120
HeifersMedium and Large 1522134.86/cwt128.00–142.0070410
HeifersMedium and Large 1Value Added525143.09/cwt139.00–147.0075115
SteersMedium and Large 1532157.96/cwt150.00–165.0084021
SteersMedium and Large 1Value Added415186.37/cwt183.00–190.007734
HeifersMedium and Large 1570131.76/cwt125.00–137.007518
SteersMedium and Large 1Value Added655142.50/cwt142.50–142.509337
HeifersMedium and Large 1720112.43/cwt110.00–115.008092
BullsMedium and Large 1623120.00/cwt120.00–120.007482
SteersMedium and Large 1581145.32/cwt140.00–148.008449
HeifersMedium and Large 1Fleshy575118.00/cwt118.00–118.006791
HeifersMedium and Large 1Value Added486144.78/cwt141.00–150.0070418
Cow-Calf PairsMedium and Large 1-21,1921,255.56/cwt1,100.00–1,400.0014,9666
SteersMedium and Large 1763117.97/cwt113.00–126.009004
Cow-Calf PairsMedium and Large 1-21,0501,190.18/cwt1,125.00–1,250.0012,4972
HeifersMedium and Large 1Value Added619132.44/cwt131.00–135.008209
Cow-Calf PairsMedium and Large 1-21,090954.59/cwt850.00–1,050.0010,4052
BullsMedium and Large 1528136.10/cwt130.00–141.007198
Bred CowsMedium and Large 1-29881,044.62/cwt975.00–1,100.0010,3212
SteersMedium and Large 1Value Added518169.56/cwt168.00–170.008789
Cow-Calf PairsMedium and Large 1-21,1601,025.54/cwt1,000.00–1,050.0011,8962
BullsMedium and Large 1650118.00/cwt118.00–118.007671
Cow-Calf PairsMedium and Large 1-21,1131,201.57/cwt1,025.00–1,350.0013,3738
CowsBoner 80-85%1,01040.22/cwt38.00–42.004065
CowsLean 85-90%91240.07/cwt35.00–44.0036513
Bulls1,78776.17/cwt73.00–80.001,3615
CowsLean 85-90%78527.00/cwt27.00–27.002121
CowsBreaker 75-80%1,45353.04/cwt51.00–55.007712
Bulls1,51862.94/cwt60.00–65.009553
Bred CowsMedium and Large 1-21,155818.09/cwt770.00–900.009,4495
BullsMedium and Large 1-21,5201,783.31/cwt1,700.00–1,850.0027,1064
CowsBoner 80-85%1,26357.50/cwt57.50–57.507262
CowsBoner 80-85%1,26952.09/cwt50.00–55.006617
SteersMedium and Large 2470133.71/cwt130.00–139.006287
Bred CowsMedium and Large 1-2950750.00/cwt750.00–750.007,1251
SteersMedium and Large 2429139.78/cwt135.00–145.0060012
HeifersMedium and Large 2528118.68/cwt118.00–120.006273
Bred CowsMedium and Large 1-21,094883.48/cwt800.00–1,000.009,6656
Bred CowsMedium and Large 1-21,2011,032.57/cwt950.00–1,250.0012,4014
HeifersMedium and Large 2570112.52/cwt110.00–115.006412
Bred CowsMedium and Large 1-21,155691.59/cwt675.00–700.007,9883
HeifersMedium and Large 2320131.06/cwt125.00–135.0041910
HeifersMedium and Large 1370146.71/cwt145.00–150.0054316
HeifersMedium and Large 1326148.77/cwt145.00–155.0048514
SteersMedium and Large 2373144.84/cwt140.00–150.005409
SteersMedium and Large 1673133.51/cwt133.00–134.008992
HeifersMedium and Large 2475115.00/cwt115.00–115.005461
HeifersMedium and Large 1413141.25/cwt135.00–147.0058338
SteersMedium and Large 1373175.30/cwt170.00–190.0065413
HeifersMedium and Large 1613120.66/cwt120.00–122.007403
SteersMedium and Large 2527131.67/cwt125.00–138.006949
HeifersMedium and Large 1685114.00/cwt110.00–118.007812
HeifersMedium and Large 2375126.60/cwt122.00–130.0047510
HeifersMedium and Large 1470138.41/cwt135.00–143.0065117
SteersMedium and Large 1707126.32/cwt121.00–131.008936
SteersMedium and Large 1Value Added628145.97/cwt145.00–147.009174
SteersMedium and Large 2311148.95/cwt145.00–155.004637
SteersMedium and Large 1419171.56/cwt160.00–180.0071923
BullsMedium and Large 1473146.75/cwt145.00–150.0069412
SteersMedium and Large 1468162.33/cwt155.00–177.0076019
SteersMedium and Large 1Value Added800126.60/cwt126.60–126.601,01364
SteersMedium and Large 1Value Added470171.45/cwt168.00–178.0080631
HeifersMedium and Large 2415125.66/cwt125.00–127.005213

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.