Sale reports / Arkansas / Hope Livestock Auction Inc. / 2021-04-01

Hope Livestock Auction Inc.

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Hope, Arkansas · Thu, Apr 1
● Final55 lots reportedUSDA AMS · slug 2058
Feeder Cattle receipts
828 head
▲ 161 vs last sale 667▲ 618 vs year ago 210 · +294.3%
Slaughter Cattle receipts
133 head
▲ 65 vs last sale 68▲ 31 vs year ago 102 · +30.4%
Replacement Cattle receipts
20 head
▲ 10 vs last sale 10▲ 20 vs year ago 0 · no sale a year ago
View

Reporter comment USDA

As filed

Compared to last week: Feeder steers under 450 lbs. 4.00-9.00 lower; over 450 lbs. steady to 5.00 higher. Feeder heifers under 550 lbs. 2.00-5.00 lower; over 550 lbs. 3.00-5.00 higher. Slaughter cows 2.00-5.00 higher. Slaughter bulls 1.00-3.00 higher. Quality was average. Preconditioned cattle are receiving a premium. New crop calves are showing up and selling at a discount compared to the yearling type cattle.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $156.85/cwt on 123 head.
Average price
$156.85
123 head · 480 lb average
Value per head Derived
$752
Price × average weight ÷ 100
Grade differential Derived
$228
per head · Medium and Large 1 over Medium and Large 2
$23.10/cwt at this weight
vs the market
−1.02
vs AR average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1503163.6182387
Medium and Large 2423140.5159436
One grade step is worth $23.10/cwt here — about $228 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 sale123 hd
156.85
—
AR average10 barns · 1,114 hd
157.87
−1.02
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—High1,79185.221,5269thin
CowsBoner 80-85%Low1,15758.9968331
CowsBreaker 75-80%Average1,07558.006241thin
CowsLean 85-90%Average88946.3741216

Every lot, as filed

55 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
HeifersMedium and Large 1—667123.14/cwt121.00–127.008216
SteersMedium and Large 1—375179.32/cwt173.00–190.006728
SteersMedium and Large 1—760125.51/cwt125.00–126.009542
HeifersMedium and Large 1Value Added—510141.96/cwt139.00–145.007249
HeifersMedium and Large 1—374142.62/cwt140.00–146.0053311
HeifersMedium and Large 2—473121.71/cwt120.00–125.005763
SteersMedium and Large 1—423170.05/cwt160.00–181.0071918
SteersMedium and Large 1—563150.94/cwt145.00–157.008507
BullsMedium and Large 1—572133.40/cwt129.00–136.007635
BullsMedium and Large 1—683126.48/cwt125.00–128.008642
SteersMedium and Large 1Value Added—615158.02/cwt157.00–159.009726
HeifersMedium and Large 1—626126.01/cwt122.00–128.007897
SteersMedium and Large 1—523154.62/cwt153.00–158.008098
SteersMedium and Large 1—323188.48/cwt180.00–200.006093
SteersMedium and Large 1Value Added—663148.97/cwt146.00–152.009884
SteersMedium and Large 1Value Added—560163.00/cwt163.00–163.009133
Bred CowsMedium and Large 1-2—1,190825.00/cwt825.00–825.009,8181
HeifersMedium and Large 1—517134.11/cwt130.00–139.006939
SteersMedium and Large 1—465164.51/cwt160.00–173.0076512
BullsMedium and Large 1—468145.72/cwt140.00–150.0068211
SteersMedium and Large 1Value Added—483184.92/cwt182.00–188.008936
CowsBreaker 75-80%—1,07558.00/cwt58.00–58.006241
CowsBoner 80-85%—1,00343.87/cwt41.00–47.004404
CowsBoner 80-85%—1,21468.78/cwt66.00–71.008357
CowsBoner 80-85%—1,16858.59/cwt55.00–62.0068420
CowsLean 85-90%—90448.64/cwt44.00–53.0044014
CowsLean 85-90%—78330.50/cwt30.00–31.002392
Bred CowsMedium and Large 1-2—1,100875.00/cwt875.00–875.009,6251
Bulls——2,13092.00/cwt92.00–92.001,9602
Bulls——1,35072.00/cwt72.00–72.009721
Bulls——1,75185.16/cwt82.00–88.001,4916
SteersMedium and Large 2—427139.94/cwt135.00–145.0059811
BullsMedium and Large 1—610131.00/cwt131.00–131.007991
SteersMedium and Large 2—575125.00/cwt125.00–125.007191
Cow-Calf PairsMedium and Large 1-2—1,2601,275.00/cwt1,275.00–1,275.0016,0651
Cow-Calf PairsMedium and Large 1-2—1,155993.69/cwt875.00–1,050.0011,4773
BullsMedium and Large 1—775116.00/cwt116.00–116.008991
HeifersMedium and Large 2—428122.67/cwt115.00–127.0052511
HeifersMedium and Large 1Fleshy—540125.00/cwt125.00–125.006751
HeifersMedium and Large 1—573131.92/cwt125.00–136.0075612
HeifersMedium and Large 1—319153.80/cwt151.00–155.004915
SteersMedium and Large 2—535126.00/cwt122.00–130.006742
HeifersMedium and Large 2—381127.03/cwt125.00–130.004848
SteersMedium and Large 2—473137.22/cwt134.00–145.0064911
SteersMedium and Large 2—326149.76/cwt142.00–158.004889
HeifersMedium and Large 1—426141.30/cwt137.00–145.0060212
SteersMedium and Large 1—667133.30/cwt131.00–135.008893
HeifersMedium and Large 2—328129.54/cwt125.00–135.004254
HeifersMedium and Large 2—575112.50/cwt110.00–115.006472
HeifersMedium and Large 2—545120.00/cwt120.00–120.006541
HeifersMedium and Large 1—469137.67/cwt132.00–141.0064614
SteersMedium and Large 1—619146.77/cwt140.00–155.009094
SteersMedium and Large 1Value Added—515175.00/cwt175.00–175.009013
BullsMedium and Large 1—528139.71/cwt130.00–145.0073813
SteersMedium and Large 2—375142.43/cwt140.00–145.005342

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.