Sale reports / Arkansas / Hope Livestock Auction Inc. / 2021-04-22

Hope Livestock Auction Inc.

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Hope, Arkansas · Thu, Apr 22
● Final60 lots reportedUSDA AMS · slug 2058
Feeder Cattle receipts
984 head
302 vs last sale 682 693 vs year ago 291 · +238.1%
Slaughter Cattle receipts
139 head
8 vs last sale 147 59 vs year ago 80 · +73.8%
Replacement Cattle receipts
25 head
4 vs last sale 29 25 vs year ago 0 · no sale a year ago
View

Reporter comment USDA

As filed

Compared to last week: Feeder steers 8.00-17.00 lower. Feeder heifers 6.00-15.00 lower. Slaughter cows steady to 2.00 higher. Slaughter bulls steady. Quality was plain to average. More new crop calves coming to town. Grain prices continue to climb putting more pressure on cattle futures. Futures contracts have lost considerable amounts over last two weeks; which is causing the cash market to weaken.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $145.96/cwt on 167 head.
Average price
$145.96
167 head · 515 lb average
Value per head Derived
$751
Price × average weight ÷ 100
Grade differential Derived
$180
per head · Medium and Large 1 over Medium and Large 2
$13.48/cwt at this weight
vs the market
7.43
vs AR average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1524147.49773148
Medium and Large 2443134.0159319thin
One grade step is worth $13.48/cwt here — about $180 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 sale167 hd
145.96
AR average10 barns · 1,188 hd
153.39
−7.43
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
BullsHigh1,73985.151,48114
CowsBreaker 75-80%Average1,48558.008611thin
CowsBoner 80-85%Average1,15255.1763534
CowsLean 85-90%Average97349.2247917

Every lot, as filed

60 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 1603133.58/cwt130.00–139.008055
BullsMedium and Large 1738114.45/cwt110.00–119.008452
SteersMedium and Large 1722126.97/cwt125.00–131.009173
HeifersMedium and Large 1Value Added541128.36/cwt127.75–132.0069420
HeifersMedium and Large 1369145.27/cwt139.00–149.005368
SteersMedium and Large 1Value Added665138.00/cwt138.00–138.0091813
SteersMedium and Large 1785133.00/cwt133.00–133.001,0441
SteersMedium and Large 1Value Added470165.00/cwt165.00–165.007763
HeifersMedium and Large 1562125.76/cwt123.00–130.007078
HeifersMedium and Large 1Replacement480155.00/cwt155.00–155.007441
HeifersMedium and Large 1624120.73/cwt118.00–123.007534
HeifersMedium and Large 1Value Added635121.50/cwt121.50–121.5077214
HeifersMedium and Large 1Value Added560130.00/cwt130.00–130.007282
SteersMedium and Large 1565143.02/cwt139.00–146.008085
SteersMedium and Large 1855116.00/cwt116.00–116.009921
SteersMedium and Large 1Value Added350180.00/cwt180.00–180.006303
SteersMedium and Large 1Value Added566147.71/cwt147.00–153.0083625
BullsMedium and Large 1524126.59/cwt125.00–130.006635
BullsMedium and Large 1573127.63/cwt126.00–129.007313
SteersMedium and Large 1511148.20/cwt142.00–154.007578
HeifersMedium and Large 1Fleshy500120.00/cwt120.00–120.006001
SteersMedium and Large 1Fleshy533132.46/cwt127.00–135.0070625
SteersMedium and Large 1Fleshy565130.00/cwt130.00–130.007357
SteersMedium and Large 1Value Added720139.00/cwt139.00–139.001,0013
CowsBoner 80-85%1,18658.94/cwt54.00–63.0069924
Bulls2,06095.05/cwt94.00–96.001,9583
Bulls1,75187.61/cwt84.00–92.001,5348
CowsLean 85-90%97349.22/cwt45.00–53.0047917
CowsBreaker 75-80%1,48558.00/cwt58.00–58.008611
Bulls1,38568.68/cwt65.00–74.009513
Bred CowsMedium and Large 1-21,205785.61/cwt750.00–825.009,4675
Cow-Calf PairsMedium and Large 1-21,3901,075.00/cwt1,075.00–1,075.0014,9431
Cow-Calf PairsMedium and Large 1-21,305887.31/cwt875.00–900.0011,5792
BullsMedium and Large 1695115.00/cwt115.00–115.007991
CowsBoner 80-85%1,05544.02/cwt40.00–46.004649
CowsBoner 80-85%1,20065.00/cwt65.00–65.007801
SteersMedium and Large 2528125.54/cwt123.00–129.006634
SteersMedium and Large 2465131.61/cwt130.00–135.006123
SteersMedium and Large 2373143.39/cwt140.00–145.005353
HeifersMedium and Large 2524114.60/cwt110.00–118.006015
Bred CowsMedium and Large 1-21,1551,300.00/cwt1,300.00–1,300.0015,0151
Bred CowsMedium and Large 1-21,2081,008.90/cwt900.00–1,100.0012,1882
HeifersMedium and Large 2467117.97/cwt115.00–120.005513
SteersMedium and Large 2335135.00/cwt135.00–135.004521
HeifersMedium and Large 2426119.82/cwt115.00–125.005105
HeifersMedium and Large 2330126.76/cwt122.00–130.004184
HeifersMedium and Large 2375121.67/cwt120.00–125.004563
HeifersMedium and Large 1319151.06/cwt145.00–155.0048210
SteersMedium and Large 1658133.00/cwt133.00–133.008752
SteersMedium and Large 2431135.51/cwt130.00–140.005848
BullsMedium and Large 1479137.62/cwt135.00–140.006598
SteersMedium and Large 1314179.48/cwt175.00–185.0056410
HeifersMedium and Large 1417134.75/cwt130.00–147.005629
SteersMedium and Large 1467154.15/cwt145.00–160.0072016
SteersMedium and Large 1419157.12/cwt155.00–160.0065810
HeifersMedium and Large 2555115.00/cwt115.00–115.006382
BullsMedium and Large 1623123.70/cwt114.00–128.007716
HeifersMedium and Large 1530126.83/cwt120.00–131.0067234
HeifersMedium and Large 1469129.69/cwt125.00–138.0060819
SteersMedium and Large 1373171.49/cwt165.00–177.006408

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.