Sale reports / Arkansas / Hope Livestock Auction Inc. / 2021-05-06

Hope Livestock Auction Inc.

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Hope, Arkansas · Thu, May 6
● Final41 lots reportedUSDA AMS · slug 2058
Feeder Cattle receipts
480 head
25 vs last sale 455 480 vs year ago 0 · no sale a year ago
Slaughter Cattle receipts
179 head
7 vs last sale 186 179 vs year ago 0 · no sale a year ago
Replacement Cattle receipts
15 head
25 vs last sale 40 15 vs year ago 0 · no sale a year ago
View

Reporter comment USDA

As filed

Compared to last week: Feeder steers 5.00-10.00 lower. Feeder heifers 2.00-4.00 lower. Slaughter cows steady to 1.00 lower. Slaughter bulls steady to 2.00 higher. Quality was plain. Grain futures continue to rise, putting more pressure on cattle prices. Demand was softer.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $137.92/cwt on 126 head.
Average price
$137.92
126 head · 511 lb average
Value per head Derived
$705
Price × average weight ÷ 100
Grade differential Derived
$210
per head · Medium and Large 1 over Medium and Large 2
$7.02/cwt at this weight
vs the market
8.88
vs AR average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1530138.92736108
Medium and Large 2399131.9052618thin
One grade step is worth $7.02/cwt here — about $210 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 sale126 hd
137.92
AR average9 barns · 1,094 hd
146.80
−8.88
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
BullsAverage1,57581.881,29010
CowsBoner 80-85%Low1,24157.8571849
CowsBreaker 75-80%Average1,51054.038163thin
CowsLean 85-90%Low95145.1142917

Every lot, as filed

41 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
CowsBoner 80-85%1,05445.51/cwt44.00–47.004804
CowsBreaker 75-80%1,51054.03/cwt52.50–57.008163
CowsLean 85-90%82234.33/cwt32.00–37.002823
CowsLean 85-90%97947.42/cwt44.00–53.0046414
Bulls1,71388.31/cwt83.00–90.001,5136
Bulls1,36872.23/cwt70.00–74.009884
BullsMedium and Large 1625115.00/cwt115.00–115.007191
SteersMedium and Large 1770116.00/cwt116.00–116.008937
SteersMedium and Large 1578131.80/cwt130.00–133.007625
HeifersMedium and Large 1333139.41/cwt134.00–145.004648
SteersMedium and Large 1Value Added574135.91/cwt130.50–140.5078020
SteersMedium and Large 1374156.91/cwt150.00–165.005879
SteersMedium and Large 1413145.19/cwt141.00–152.0060010
SteersMedium and Large 1830120.00/cwt120.00–120.009961
SteersMedium and Large 1705123.00/cwt123.00–123.008671
HeifersMedium and Large 1521123.93/cwt120.00–127.0064611
BullsMedium and Large 1543125.00/cwt125.00–125.006793
SteersMedium and Large 2408128.76/cwt120.00–135.005255
SteersMedium and Large 2523119.03/cwt117.00–121.006232
SteersMedium and Large 1Value Added655129.00/cwt129.00–129.0084516
HeifersMedium and Large 1373136.43/cwt132.00–141.0050910
HeifersMedium and Large 1474130.50/cwt127.00–135.006196
SteersMedium and Large 1522138.03/cwt133.00–144.007219
SteersMedium and Large 2475129.00/cwt129.00–129.006131
HeifersMedium and Large 2360115.00/cwt115.00–115.004141
HeifersMedium and Large 1570118.69/cwt118.00–120.006776
SteersMedium and Large 1464141.66/cwt131.00–149.0065713
Stock CowsMedium and Large 1-289370.04/cwt68.00–72.006252
SteersMedium and Large 1667125.79/cwt125.00–128.008395
HeifersMedium and Large 2300120.00/cwt120.00–120.003601
SteersMedium and Large 2382134.84/cwt130.00–140.005156
SteersMedium and Large 2330138.58/cwt135.00–145.004574
HeifersMedium and Large 1603118.25/cwt117.00–119.007134
CowsBoner 80-85%1,15366.01/cwt65.00–67.007613
HeifersMedium and Large 1419131.00/cwt129.00–135.0054910
CowsBoner 80-85%1,26558.44/cwt55.00–62.0073942
BullsMedium and Large 1465131.47/cwt130.00–133.006112
HeifersMedium and Large 1660118.00/cwt118.00–118.007791
Bred CowsMedium and Large 1-21,100779.89/cwt725.00–830.008,5792
Bred CowsMedium and Large 1-21,083874.65/cwt800.00–950.009,4728
SteersMedium and Large 1323160.85/cwt160.00–165.0052012

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.