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
Bulls—Average1,58772.811,1556thin
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 Added—785125.00/cwt125.00–125.009812
HeifersMedium and Large 1—785100.00/cwt100.00–100.007851
SteersMedium and Large 1Value Added—545165.00/cwt165.00–165.008995
SteersMedium and Large 1—834113.54/cwt108.00–119.009475
HeifersMedium and Large 1Value Added—616127.99/cwt127.50–130.0078810
SteersMedium and Large 1Value Added—563165.00/cwt165.00–165.009294
HeifersMedium and Large 1Value Added—680126.00/cwt126.00–126.0085771
BullsMedium and Large 1—528138.50/cwt135.00–142.007314
SteersMedium and Large 1—369190.12/cwt180.00–202.507027
SteersMedium and Large 1—474163.29/cwt157.00–173.0077412
SteersMedium and Large 1Value Added—655139.00/cwt139.00–139.009103
SteersMedium and Large 1Value Added—410192.00/cwt192.00–192.007873
HeifersMedium and Large 1Value Added—542141.80/cwt140.00–142.507697
HeifersMedium and Large 1—373141.31/cwt136.00–145.005277
SteersMedium and Large 1—955103.00/cwt100.00–106.009842
SteersMedium and Large 1Value Added—463178.02/cwt175.00–181.008246
SteersMedium and Large 1Value Added—702136.66/cwt129.00–137.7595982
SteersMedium and Large 1Value Added—632141.43/cwt140.00–145.0089412
SteersMedium and Large 1—568146.69/cwt141.00–150.008337
HeifersMedium and Large 1—570129.92/cwt121.00–134.007415
BullsMedium and Large 1—480146.52/cwt145.00–148.007032
BullsMedium and Large 1—675122.00/cwt122.00–122.008241
BullsMedium and Large 1—564132.74/cwt130.00–135.007494
BullsMedium and Large 1—625127.00/cwt127.00–127.007941
Bulls——1,66177.72/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
Bulls——1,43862.98/cwt62.00–64.009062
SteersMedium and Large 2—565127.96/cwt126.00–130.007232
SteersMedium and Large 2—529133.10/cwt125.00–138.007048
Bred CowsMedium and Large 1-2—1,0201,075.00/cwt1,075.00–1,075.0010,9651
Bred CowsMedium and Large 1-2—1,285925.00/cwt925.00–925.0011,8861
Cow-Calf PairsMedium and Large 1-2—1,2601,125.00/cwt1,125.00–1,125.0014,1752
HeifersMedium and Large 1Value Added—475148.00/cwt148.00–148.007032
HeifersMedium and Large 1—715115.00/cwt115.00–115.008222
SteersMedium and Large 1—945107.00/cwt107.00–107.001,0111
SteersMedium and Large 2—373150.39/cwt148.00–155.005617
HeifersMedium and Large 2—520116.35/cwt115.00–117.006053
HeifersMedium and Large 2—440122.00/cwt122.00–122.005371
SteersMedium and Large 2—475137.49/cwt136.00–140.006536
SteersMedium and Large 1—719120.97/cwt118.00–126.008704
SteersMedium and Large 2—425142.32/cwt135.00–145.0060513
HeifersMedium and Large 2—470120.73/cwt115.00–125.005674
HeifersMedium and Large 2—310130.00/cwt130.00–130.004031
SteersMedium and Large 1—322187.13/cwt175.00–200.006036
SteersMedium and Large 1—422174.60/cwt162.00–190.0073716
HeifersMedium and Large 1—476134.01/cwt130.00–139.006388
SteersMedium and Large 2—321150.41/cwt147.00–155.004835
HeifersMedium and Large 1—305145.33/cwt143.00–148.004433
SteersMedium and Large 1—671131.84/cwt130.00–135.008856
HeifersMedium and Large 1—630124.01/cwt122.00–127.007813
SteersMedium and Large 1—625135.18/cwt130.00–140.0084510
SteersMedium and Large 1—529155.76/cwt151.00–160.008248
HeifersMedium and Large 2—365125.00/cwt125.00–125.004561
HeifersMedium and Large 1—416137.73/cwt134.00–145.0057321
HeifersMedium and Large 1—524134.79/cwt130.00–139.007069
HeifersMedium and Large 1Value Added—565135.00/cwt135.00–135.007637
HeifersMedium and Large 1—695118.00/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.