Sale reports / Arkansas / Hope Livestock Auction Inc. / 2021-04-29

Hope Livestock Auction Inc.

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Hope, Arkansas · Thu, Apr 29
● Final42 lots reportedUSDA AMS · slug 2058
Feeder Cattle receipts
455 head
▼ 529 vs last sale 984▼ 53 vs year ago 508 · −10.4%
Slaughter Cattle receipts
186 head
▲ 47 vs last sale 139▲ 84 vs year ago 102 · +82.4%
Replacement Cattle receipts
40 head
▲ 15 vs last sale 25▲ 25 vs year ago 15 · +166.7%
View

Reporter comment USDA

As filed

Compared to last week: Feeder steers under 600 lbs. 2.00-6.00 lower; over 600 lbs. steady. Feeder heifers under 450 lbs. 4.00-8.00 lower: over 450 lbs. steady to 2.00 lower. Quality was plain to average.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $143.67/cwt on 94 head.
Average price
$143.67
94 head · 521 lb average
Value per head Derived
$748
Price × average weight ÷ 100
Grade differential Derived
$201
per head · Medium and Large 1 over Medium and Large 2
$7.84/cwt at this weight
vs the market
−7.15
vs AR average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1543145.1778876
Medium and Large 2427137.3358718thin
One grade step is worth $7.84/cwt here — about $201 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 sale94 hd
143.67
—
AR average9 barns · 817 hd
150.81
−7.15
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—Average1,69686.461,4667thin
CowsBreaker 75-80%Average1,42561.478762thin
CowsBoner 80-85%Average1,20459.9572241
CowsLean 85-90%Low87740.9435912

Every lot, as filed

42 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—373166.76/cwt160.00–173.006229
HeifersMedium and Large 1—415131.18/cwt130.00–133.005445
HeifersMedium and Large 1—513126.92/cwt122.00–140.006519
SteersMedium and Large 1—419154.87/cwt149.00–165.006498
BullsMedium and Large 1—525130.62/cwt125.00–135.006865
BullsMedium and Large 1—463135.33/cwt130.00–140.006275
BullsMedium and Large 1—610125.00/cwt125.00–125.007631
SteersMedium and Large 1—681133.74/cwt130.00–136.009118
SteersMedium and Large 1—705130.00/cwt130.00–130.009171
CowsBoner 80-85%—1,21360.63/cwt55.00–63.0073530
SteersMedium and Large 1—470150.32/cwt145.00–155.007078
SteersMedium and Large 1—571136.84/cwt130.00–147.007819
SteersMedium and Large 1—530146.78/cwt139.00–149.007789
SteersMedium and Large 1—770123.49/cwt122.00–125.009512
HeifersMedium and Large 1—624119.78/cwt116.00–124.007479
HeifersMedium and Large 2—370114.26/cwt110.00–120.004234
Bulls——1,69686.46/cwt83.00–91.001,4667
CowsLean 85-90%—75630.64/cwt28.00–33.002325
CowsLean 85-90%—96348.30/cwt40.00–52.004657
CowsBreaker 75-80%—1,42561.47/cwt60.00–63.008762
CowsBoner 80-85%—1,06844.52/cwt42.00–47.004754
SteersMedium and Large 1—825117.10/cwt113.00–121.009662
SteersMedium and Large 1—334171.54/cwt170.00–175.005736
HeifersMedium and Large 2—523109.88/cwt105.00–115.005752
SteersMedium and Large 2—440132.47/cwt130.00–135.005832
SteersMedium and Large 1—858116.66/cwt112.00–123.001,0013
SteersMedium and Large 1—631134.32/cwt128.00–138.0084811
HeifersMedium and Large 1—469129.63/cwt125.00–135.0060810
HeifersMedium and Large 1—368137.43/cwt135.00–143.005068
SteersMedium and Large 2—375145.07/cwt140.00–150.005444
Cow-Calf PairsMedium and Large 1-2—1,4881,256.22/cwt1,225.00–1,300.0018,6933
SteersMedium and Large 2—475132.55/cwt130.00–135.006304
SteersMedium and Large 2—323150.19/cwt145.00–155.004854
HeifersMedium and Large 2—433116.53/cwt115.00–118.005052
SteersMedium and Large 2—530123.92/cwt120.00–128.006574
HeifersMedium and Large 2—475115.00/cwt115.00–115.005461
CowsBoner 80-85%—1,24165.85/cwt65.00–68.008177
HeifersMedium and Large 1—595123.00/cwt123.00–123.007321
HeifersMedium and Large 1—323142.96/cwt140.00–145.004625
Cow-Calf PairsMedium and Large 1-2—1,085850.00/cwt850.00–850.009,2231
Cow-Calf PairsMedium and Large 1-2—1,2441,036.11/cwt900.00–1,225.0012,88911
Cow-Calf PairsMedium and Large 1-2—1,1351,225.00/cwt1,225.00–1,225.0013,9041

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.