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
Bulls—High1,73985.151,48114
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 1—603133.58/cwt130.00–139.008055
BullsMedium and Large 1—738114.45/cwt110.00–119.008452
SteersMedium and Large 1—722126.97/cwt125.00–131.009173
HeifersMedium and Large 1Value Added—541128.36/cwt127.75–132.0069420
HeifersMedium and Large 1—369145.27/cwt139.00–149.005368
SteersMedium and Large 1Value Added—665138.00/cwt138.00–138.0091813
SteersMedium and Large 1—785133.00/cwt133.00–133.001,0441
SteersMedium and Large 1Value Added—470165.00/cwt165.00–165.007763
HeifersMedium and Large 1—562125.76/cwt123.00–130.007078
HeifersMedium and Large 1Replacement—480155.00/cwt155.00–155.007441
HeifersMedium and Large 1—624120.73/cwt118.00–123.007534
HeifersMedium and Large 1Value Added—635121.50/cwt121.50–121.5077214
HeifersMedium and Large 1Value Added—560130.00/cwt130.00–130.007282
SteersMedium and Large 1—565143.02/cwt139.00–146.008085
SteersMedium and Large 1—855116.00/cwt116.00–116.009921
SteersMedium and Large 1Value Added—350180.00/cwt180.00–180.006303
SteersMedium and Large 1Value Added—566147.71/cwt147.00–153.0083625
BullsMedium and Large 1—524126.59/cwt125.00–130.006635
BullsMedium and Large 1—573127.63/cwt126.00–129.007313
SteersMedium and Large 1—511148.20/cwt142.00–154.007578
HeifersMedium and Large 1Fleshy—500120.00/cwt120.00–120.006001
SteersMedium and Large 1Fleshy—533132.46/cwt127.00–135.0070625
SteersMedium and Large 1Fleshy—565130.00/cwt130.00–130.007357
SteersMedium and Large 1Value Added—720139.00/cwt139.00–139.001,0013
CowsBoner 80-85%—1,18658.94/cwt54.00–63.0069924
Bulls——2,06095.05/cwt94.00–96.001,9583
Bulls——1,75187.61/cwt84.00–92.001,5348
CowsLean 85-90%—97349.22/cwt45.00–53.0047917
CowsBreaker 75-80%—1,48558.00/cwt58.00–58.008611
Bulls——1,38568.68/cwt65.00–74.009513
Bred CowsMedium and Large 1-2—1,205785.61/cwt750.00–825.009,4675
Cow-Calf PairsMedium and Large 1-2—1,3901,075.00/cwt1,075.00–1,075.0014,9431
Cow-Calf PairsMedium and Large 1-2—1,305887.31/cwt875.00–900.0011,5792
BullsMedium and Large 1—695115.00/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 2—528125.54/cwt123.00–129.006634
SteersMedium and Large 2—465131.61/cwt130.00–135.006123
SteersMedium and Large 2—373143.39/cwt140.00–145.005353
HeifersMedium and Large 2—524114.60/cwt110.00–118.006015
Bred CowsMedium and Large 1-2—1,1551,300.00/cwt1,300.00–1,300.0015,0151
Bred CowsMedium and Large 1-2—1,2081,008.90/cwt900.00–1,100.0012,1882
HeifersMedium and Large 2—467117.97/cwt115.00–120.005513
SteersMedium and Large 2—335135.00/cwt135.00–135.004521
HeifersMedium and Large 2—426119.82/cwt115.00–125.005105
HeifersMedium and Large 2—330126.76/cwt122.00–130.004184
HeifersMedium and Large 2—375121.67/cwt120.00–125.004563
HeifersMedium and Large 1—319151.06/cwt145.00–155.0048210
SteersMedium and Large 1—658133.00/cwt133.00–133.008752
SteersMedium and Large 2—431135.51/cwt130.00–140.005848
BullsMedium and Large 1—479137.62/cwt135.00–140.006598
SteersMedium and Large 1—314179.48/cwt175.00–185.0056410
HeifersMedium and Large 1—417134.75/cwt130.00–147.005629
SteersMedium and Large 1—467154.15/cwt145.00–160.0072016
SteersMedium and Large 1—419157.12/cwt155.00–160.0065810
HeifersMedium and Large 2—555115.00/cwt115.00–115.006382
BullsMedium and Large 1—623123.70/cwt114.00–128.007716
HeifersMedium and Large 1—530126.83/cwt120.00–131.0067234
HeifersMedium and Large 1—469129.69/cwt125.00–138.0060819
SteersMedium and Large 1—373171.49/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.