Sale reports / Arkansas / Hope Livestock Auction Inc. / 2021-05-13

Hope Livestock Auction Inc.

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Hope, Arkansas · Thu, May 13
● Final61 lots reportedUSDA AMS · slug 2058
Feeder Cattle receipts
511 head
▲ 31 vs last sale 480▲ 167 vs year ago 344 · +48.5%
Slaughter Cattle receipts
159 head
▼ 20 vs last sale 179▲ 59 vs year ago 100 · +59.0%
Replacement Cattle receipts
140 head
▲ 125 vs last sale 15▲ 125 vs year ago 15 · +833.3%
View

Reporter comment USDA

As filed

Compared to last week: Feeder steers 1.00-4.00 higher. Feeder heifers 2.00-5.00 higher. Slaughter cows 1.00-2.00 higher. Slaughter bulls steady to 1.00 lower. Quality was plain to average. Buyers were very active on a strong offering of replacement cows. Yearling type cattle demand was good. New crop calves are being discounted.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $138.26/cwt on 83 head.
Average price
$138.26
83 head · 561 lb average
Value per head Derived
$775
Price × average weight ÷ 100
Grade differential Derived
$268
per head · Medium and Large 1 over Medium and Large 2
$3.58/cwt at this weight
vs the market
−17.54
vs AR average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1576138.5679976
Medium and Large 2393134.985317thin
One grade step is worth $3.58/cwt here — about $268 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 sale83 hd
138.26
—
AR average9 barns · 1,340 hd
155.80
−17.54
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—Average1,63685.761,40311
CowsBoner 80-85%High1,19758.0469529
CowsLean 85-90%Average92646.6843216

Every lot, as filed

61 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—628132.47/cwt130.00–135.008322
SteersMedium and Large 1Value Added—568153.82/cwt153.00–155.008745
SteersMedium and Large 1—783119.37/cwt119.00–122.009358
HeifersMedium and Large 1—330145.00/cwt145.00–145.004792
SteersMedium and Large 1—800117.00/cwt117.00–117.009361
BullsMedium and Large 1—590122.00/cwt122.00–122.007202
BullsMedium and Large 1—525125.00/cwt125.00–125.006561
Cow-Calf PairsMedium and Large 1-2Fancy—1,1502,250.00/cwt2,250.00–2,250.0025,8751
SteersMedium and Large 1—375153.29/cwt150.00–155.005753
Cow-Calf PairsMedium and Large 1-2—1,3491,355.06/cwt1,200.00–1,600.0018,28025
SteersMedium and Large 1Value Added—535155.00/cwt155.00–155.008293
Cow-Calf PairsMedium and Large 1-2—1,2281,167.21/cwt1,000.00–1,575.0014,3334
Cow-Calf PairsMedium and Large 1-2—1,2251,050.00/cwt1,050.00–1,050.0012,8631
Bred CowsMedium and Large 1-2—1,1151,175.00/cwt1,175.00–1,175.0013,1011
SteersMedium and Large 1Value Added—621145.00/cwt145.00–145.009004
Bred CowsMedium and Large 1-2—1,130776.94/cwt720.00–825.008,7792
BullsMedium and Large 1—477137.36/cwt135.00–140.006553
Cow-Calf PairsMedium and Large 2-3—1,4551,425.00/cwt1,425.00–1,425.0020,7341
Cow-Calf PairsMedium and Large 1-2Fancy—1,5181,700.00/cwt1,700.00–1,700.0025,8062
Cow-Calf PairsMedium and Large 1-2—1,5551,588.83/cwt1,475.00–1,700.0024,7064
Cow-Calf PairsMedium and Large 1-2—1,1481,579.58/cwt1,475.00–1,675.0018,1342
Stock CowsMedium and Large 1-2—95064.47/cwt64.00–65.006122
Cow-Calf PairsMedium and Large 1-2—1,2341,003.99/cwt850.00–1,150.0012,38912
Bred CowsMedium and Large 1-2—1,325850.00/cwt850.00–850.0011,2631
CowsBoner 80-85%—1,21566.27/cwt65.00–69.008053
CowsBoner 80-85%—1,23459.65/cwt56.00–63.0073620
CowsLean 85-90%—95549.07/cwt46.00–52.0046913
Bulls——1,71687.34/cwt83.00–92.001,4997
Bulls——1,85896.00/cwt96.00–96.001,7842
Bulls——1,13370.00/cwt70.00–70.007932
Stock CowsMedium and Large 1-2—91873.73/cwt71.00–77.006772
Cow-Calf PairsMedium and Large 1-2—1,4581,466.03/cwt1,450.00–1,500.0021,3755
CowsLean 85-90%—79836.34/cwt35.00–37.002903
CowsBoner 80-85%—1,06448.55/cwt45.00–52.005176
SteersMedium and Large 2—335145.00/cwt145.00–145.004861
Bred CowsMedium and Large 1-2—9401,171.81/cwt1,100.00–1,250.0011,0152
SteersMedium and Large 2—500120.00/cwt120.00–120.006001
HeifersMedium and Large 2—520110.00/cwt110.00–110.005721
Cow-Calf PairsMedium and Large 1-2—1,5081,526.04/cwt1,425.00–1,650.0023,0138
Cow-Calf PairsMedium and Large 1-2—1,4001,275.00/cwt1,275.00–1,275.0017,8501
HeifersMedium and Large 2—330120.08/cwt115.00–125.003962
Bred CowsMedium and Large 1-2—1,1251,142.21/cwt1,020.00–1,250.0012,8502
HeifersMedium and Large 1—476129.63/cwt128.00–133.0061711
HeifersMedium and Large 1—519126.57/cwt124.00–128.006577
HeifersMedium and Large 1—571123.70/cwt121.00–126.007067
SteersMedium and Large 2—373136.22/cwt130.00–140.005084
HeifersMedium and Large 1—665118.00/cwt118.00–118.007852
HeifersMedium and Large 2—460117.00/cwt117.00–117.005381
SteersMedium and Large 1—681126.99/cwt125.00–130.0086511
HeifersMedium and Large 1—611119.85/cwt117.00–122.007326
SteersMedium and Large 1—518141.88/cwt135.00–150.0073517
SteersMedium and Large 2—425135.00/cwt135.00–135.005741
HeifersMedium and Large 1—364143.64/cwt140.00–145.005238
HeifersMedium and Large 1—421135.16/cwt130.00–143.005698
SteersMedium and Large 1—468144.88/cwt140.00–149.006788
SteersMedium and Large 1—558135.49/cwt131.00–140.007566
SteersMedium and Large 1—426148.97/cwt141.00–155.006356
HeifersMedium and Large 1—765105.00/cwt105.00–105.008032
HeifersMedium and Large 1—719111.58/cwt105.00–117.008027
SteersMedium and Large 1—740122.52/cwt120.00–125.009072
HeifersMedium and Large 1Replacement—500220.00/cwt220.00–220.001,1003

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.