Sale reports / Arkansas / Hope Livestock Auction Inc. / 2021-03-25

Hope Livestock Auction Inc.

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Hope, Arkansas · Thu, Mar 25
● Final54 lots reportedUSDA AMS · slug 2058
Feeder Cattle receipts
667 head
▼ 86 vs last sale 753▲ 536 vs year ago 131 · +409.2%
Slaughter Cattle receipts
68 head
▲ 29 vs last sale 39▲ 31 vs year ago 37 · +83.8%
Replacement Cattle receipts
10 head
▲ 0 vs last sale 10▲ 10 vs year ago 0 · no sale a year ago
View

Reporter comment USDA

As filed

Compared to last week: Feeder steers steady to 5.00 higher. Feeder heifers 3.00-7.00 higher. Slaughter cows 1.00-3.00 higher. Slaughter bulls 2.00-4.00 higher. Quality was average. Lighter weight calves suitable for grazing were still in high demand.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $163.62/cwt on 127 head.
Average price
$163.62
127 head · 460 lb average
Value per head Derived
$752
Price × average weight ÷ 100
Grade differential Derived
$230
per head · Medium and Large 1 over Medium and Large 2
$21.51/cwt at this weight
vs the market
+5.18
vs AR average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1479168.3780699
Medium and Large 2392146.8557628
One grade step is worth $21.51/cwt here — about $230 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 sale127 hd
163.62
—
AR average9 barns · 1,481 hd
158.44
+5.18
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—High1,67080.851,3507thin
CowsBoner 80-85%Low1,16354.0662921
CowsBreaker 75-80%Average1,29054.006971thin
CowsLean 85-90%Low88232.292857thin

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
SteersMedium and Large 1—668134.50/cwt134.00–135.008982
SteersMedium and Large 1—417173.81/cwt165.00–185.0072519
HeifersMedium and Large 1Value Added—555133.00/cwt133.00–133.0073821
SteersMedium and Large 1Value Added—450185.00/cwt185.00–185.008333
HeifersMedium and Large 1—371147.10/cwt144.00–150.0054611
SteersMedium and Large 1—620140.63/cwt134.00–144.008726
SteersMedium and Large 1Value Added—710132.00/cwt132.00–132.009373
SteersMedium and Large 1—577147.27/cwt140.00–151.0085012
SteersMedium and Large 1—324192.36/cwt180.00–200.0062312
SteersMedium and Large 1Value Added—517173.37/cwt171.00–175.0089610
SteersMedium and Large 1Value Added—603147.49/cwt146.00–152.008894
HeifersMedium and Large 1Value Added—405149.00/cwt149.00–149.006032
SteersMedium and Large 1—474165.18/cwt160.00–170.007835
HeifersMedium and Large 1—532137.44/cwt135.00–145.007318
HeifersMedium and Large 1—321151.89/cwt145.00–155.004886
BullsMedium and Large 1—476147.98/cwt145.00–150.007044
SteersMedium and Large 1—374188.37/cwt180.00–200.0070513
SteersMedium and Large 1Value Added—770131.00/cwt131.00–131.001,0092
BullsMedium and Large 1—555135.00/cwt135.00–135.007491
SteersMedium and Large 1Value Added—400197.00/cwt197.00–197.007883
HeifersMedium and Large 1Value Added—500147.00/cwt147.00–147.007351
Bulls——1,92593.50/cwt93.50–93.501,8001
CowsLean 85-90%—82126.53/cwt25.00–28.002184
CowsLean 85-90%—96339.98/cwt38.00–42.003853
CowsBreaker 75-80%—1,29054.00/cwt54.00–54.006971
CowsBoner 80-85%—1,04443.54/cwt41.00–46.004554
Bulls——1,72982.61/cwt80.00–85.001,4284
Cow-Calf PairsMedium and Large 1-2—1,025900.00/cwt900.00–900.009,2251
BullsMedium and Large 1—520143.34/cwt143.00–144.007453
BullsMedium and Large 1—645121.00/cwt121.00–121.007801
CowsBoner 80-85%—1,20060.00/cwt60.00–60.007201
CowsBoner 80-85%—1,19056.32/cwt52.00–59.0067016
Bulls——1,42371.00/cwt70.00–72.001,0102
SteersMedium and Large 2—369149.13/cwt130.00–157.0055010
HeifersMedium and Large 2—325135.00/cwt135.00–135.004391
HeifersMedium and Large 2—516117.50/cwt115.00–120.006064
Cow-Calf PairsMedium and Large 1-2—1,1151,350.00/cwt1,350.00–1,350.0015,0531
Cow-Calf PairsMedium and Large 1-2—1,3231,142.63/cwt1,050.00–1,250.0015,1172
Cow-Calf PairsMedium and Large 1-2—1,200900.00/cwt900.00–900.0010,8001
SteersMedium and Large 2—495142.00/cwt142.00–142.007031
SteersMedium and Large 2—329154.13/cwt150.00–156.005078
HeifersMedium and Large 2—383131.12/cwt125.00–135.005026
HeifersMedium and Large 1—733112.55/cwt105.00–117.008254
HeifersMedium and Large 1—775107.98/cwt105.00–111.008372
HeifersMedium and Large 1—595125.00/cwt125.00–125.007441
HeifersMedium and Large 1—663119.12/cwt117.00–124.007909
SteersMedium and Large 2—416143.42/cwt135.00–147.005975
SteersMedium and Large 2—521132.12/cwt122.00–137.006884
HeifersMedium and Large 1Value Added—465149.36/cwt148.00–151.006958
SteersMedium and Large 1—512155.07/cwt148.00–162.007945
HeifersMedium and Large 1—622122.00/cwt122.00–122.007593
HeifersMedium and Large 1—471141.07/cwt135.00–148.0066414
HeifersMedium and Large 2—483120.49/cwt117.00–125.005824
HeifersMedium and Large 1—421143.26/cwt135.00–149.0060322

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.