Sale reports / Arkansas / Hope Livestock Auction Inc. / 2021-03-18

Hope Livestock Auction Inc.

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Hope, Arkansas · Thu, Mar 18
● Final59 lots reportedUSDA AMS · slug 2058
Feeder Cattle receipts
753 head
410 vs last sale 1,163 673 vs year ago 80 · +841.3%
Slaughter Cattle receipts
39 head
84 vs last sale 123 25 vs year ago 64 · 39.1%
Replacement Cattle receipts
10 head
55 vs last sale 65 10 vs year ago 0 · no sale a year ago
View

Reporter comment USDA

As filed

Compared to last week: Feeder steers under 500 lbs. 3.00-10.00 higher; over 500 lbs. 2.00-5.00 lower. Feeder heifers 1.00-5.00 lower. Slaughter cows steady. Slaughter bulls steady. Quality was average. Sold two loads of preconditioned cattle on video at a premium.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $146.64/cwt on 242 head.
Average price
$146.64
242 head · 582 lb average
Value per head Derived
$854
Price × average weight ÷ 100
Grade differential Derived
$284
per head · Medium and Large 1 over Medium and Large 2
$6.22/cwt at this weight
vs the market
6.75
vs AR average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1612147.69904201
Medium and Large 2438141.4862041
One grade step is worth $6.22/cwt here — about $284 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 sale242 hd
146.64
AR average10 barns · 1,220 hd
153.39
−6.75
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
BullsAverage1,58772.811,1556thin
CowsBoner 80-85%Average1,32155.167295thin
CowsLean 85-90%Low91333.773088thin

Every lot, as filed

59 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 1Value Added785125.00/cwt125.00–125.009812
HeifersMedium and Large 1785100.00/cwt100.00–100.007851
SteersMedium and Large 1Value Added545165.00/cwt165.00–165.008995
SteersMedium and Large 1834113.54/cwt108.00–119.009475
HeifersMedium and Large 1Value Added616127.99/cwt127.50–130.0078810
SteersMedium and Large 1Value Added563165.00/cwt165.00–165.009294
HeifersMedium and Large 1Value Added680126.00/cwt126.00–126.0085771
BullsMedium and Large 1528138.50/cwt135.00–142.007314
SteersMedium and Large 1369190.12/cwt180.00–202.507027
SteersMedium and Large 1474163.29/cwt157.00–173.0077412
SteersMedium and Large 1Value Added655139.00/cwt139.00–139.009103
SteersMedium and Large 1Value Added410192.00/cwt192.00–192.007873
HeifersMedium and Large 1Value Added542141.80/cwt140.00–142.507697
HeifersMedium and Large 1373141.31/cwt136.00–145.005277
SteersMedium and Large 1955103.00/cwt100.00–106.009842
SteersMedium and Large 1Value Added463178.02/cwt175.00–181.008246
SteersMedium and Large 1Value Added702136.66/cwt129.00–137.7595982
SteersMedium and Large 1Value Added632141.43/cwt140.00–145.0089412
SteersMedium and Large 1568146.69/cwt141.00–150.008337
HeifersMedium and Large 1570129.92/cwt121.00–134.007415
BullsMedium and Large 1480146.52/cwt145.00–148.007032
BullsMedium and Large 1675122.00/cwt122.00–122.008241
BullsMedium and Large 1564132.74/cwt130.00–135.007494
BullsMedium and Large 1625127.00/cwt127.00–127.007941
Bulls1,66177.72/cwt75.00–81.001,2914
CowsLean 85-90%80324.50/cwt24.00–25.001972
CowsLean 85-90%94936.86/cwt35.00–42.003506
CowsBoner 80-85%1,32155.16/cwt53.00–58.007295
Bulls1,43862.98/cwt62.00–64.009062
SteersMedium and Large 2565127.96/cwt126.00–130.007232
SteersMedium and Large 2529133.10/cwt125.00–138.007048
Bred CowsMedium and Large 1-21,0201,075.00/cwt1,075.00–1,075.0010,9651
Bred CowsMedium and Large 1-21,285925.00/cwt925.00–925.0011,8861
Cow-Calf PairsMedium and Large 1-21,2601,125.00/cwt1,125.00–1,125.0014,1752
HeifersMedium and Large 1Value Added475148.00/cwt148.00–148.007032
HeifersMedium and Large 1715115.00/cwt115.00–115.008222
SteersMedium and Large 1945107.00/cwt107.00–107.001,0111
SteersMedium and Large 2373150.39/cwt148.00–155.005617
HeifersMedium and Large 2520116.35/cwt115.00–117.006053
HeifersMedium and Large 2440122.00/cwt122.00–122.005371
SteersMedium and Large 2475137.49/cwt136.00–140.006536
SteersMedium and Large 1719120.97/cwt118.00–126.008704
SteersMedium and Large 2425142.32/cwt135.00–145.0060513
HeifersMedium and Large 2470120.73/cwt115.00–125.005674
HeifersMedium and Large 2310130.00/cwt130.00–130.004031
SteersMedium and Large 1322187.13/cwt175.00–200.006036
SteersMedium and Large 1422174.60/cwt162.00–190.0073716
HeifersMedium and Large 1476134.01/cwt130.00–139.006388
SteersMedium and Large 2321150.41/cwt147.00–155.004835
HeifersMedium and Large 1305145.33/cwt143.00–148.004433
SteersMedium and Large 1671131.84/cwt130.00–135.008856
HeifersMedium and Large 1630124.01/cwt122.00–127.007813
SteersMedium and Large 1625135.18/cwt130.00–140.0084510
SteersMedium and Large 1529155.76/cwt151.00–160.008248
HeifersMedium and Large 2365125.00/cwt125.00–125.004561
HeifersMedium and Large 1416137.73/cwt134.00–145.0057321
HeifersMedium and Large 1524134.79/cwt130.00–139.007069
HeifersMedium and Large 1Value Added565135.00/cwt135.00–135.007637
HeifersMedium and Large 1695118.00/cwt118.00–118.008201

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.