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
BullsHigh1,79185.221,5269thin
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 1667123.14/cwt121.00–127.008216
SteersMedium and Large 1375179.32/cwt173.00–190.006728
SteersMedium and Large 1760125.51/cwt125.00–126.009542
HeifersMedium and Large 1Value Added510141.96/cwt139.00–145.007249
HeifersMedium and Large 1374142.62/cwt140.00–146.0053311
HeifersMedium and Large 2473121.71/cwt120.00–125.005763
SteersMedium and Large 1423170.05/cwt160.00–181.0071918
SteersMedium and Large 1563150.94/cwt145.00–157.008507
BullsMedium and Large 1572133.40/cwt129.00–136.007635
BullsMedium and Large 1683126.48/cwt125.00–128.008642
SteersMedium and Large 1Value Added615158.02/cwt157.00–159.009726
HeifersMedium and Large 1626126.01/cwt122.00–128.007897
SteersMedium and Large 1523154.62/cwt153.00–158.008098
SteersMedium and Large 1323188.48/cwt180.00–200.006093
SteersMedium and Large 1Value Added663148.97/cwt146.00–152.009884
SteersMedium and Large 1Value Added560163.00/cwt163.00–163.009133
Bred CowsMedium and Large 1-21,190825.00/cwt825.00–825.009,8181
HeifersMedium and Large 1517134.11/cwt130.00–139.006939
SteersMedium and Large 1465164.51/cwt160.00–173.0076512
BullsMedium and Large 1468145.72/cwt140.00–150.0068211
SteersMedium and Large 1Value Added483184.92/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 1-21,100875.00/cwt875.00–875.009,6251
Bulls2,13092.00/cwt92.00–92.001,9602
Bulls1,35072.00/cwt72.00–72.009721
Bulls1,75185.16/cwt82.00–88.001,4916
SteersMedium and Large 2427139.94/cwt135.00–145.0059811
BullsMedium and Large 1610131.00/cwt131.00–131.007991
SteersMedium and Large 2575125.00/cwt125.00–125.007191
Cow-Calf PairsMedium and Large 1-21,2601,275.00/cwt1,275.00–1,275.0016,0651
Cow-Calf PairsMedium and Large 1-21,155993.69/cwt875.00–1,050.0011,4773
BullsMedium and Large 1775116.00/cwt116.00–116.008991
HeifersMedium and Large 2428122.67/cwt115.00–127.0052511
HeifersMedium and Large 1Fleshy540125.00/cwt125.00–125.006751
HeifersMedium and Large 1573131.92/cwt125.00–136.0075612
HeifersMedium and Large 1319153.80/cwt151.00–155.004915
SteersMedium and Large 2535126.00/cwt122.00–130.006742
HeifersMedium and Large 2381127.03/cwt125.00–130.004848
SteersMedium and Large 2473137.22/cwt134.00–145.0064911
SteersMedium and Large 2326149.76/cwt142.00–158.004889
HeifersMedium and Large 1426141.30/cwt137.00–145.0060212
SteersMedium and Large 1667133.30/cwt131.00–135.008893
HeifersMedium and Large 2328129.54/cwt125.00–135.004254
HeifersMedium and Large 2575112.50/cwt110.00–115.006472
HeifersMedium and Large 2545120.00/cwt120.00–120.006541
HeifersMedium and Large 1469137.67/cwt132.00–141.0064614
SteersMedium and Large 1619146.77/cwt140.00–155.009094
SteersMedium and Large 1Value Added515175.00/cwt175.00–175.009013
BullsMedium and Large 1528139.71/cwt130.00–145.0073813
SteersMedium and Large 2375142.43/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.