Sale reports / Arkansas / Hope Livestock Auction Inc. / 2021-05-27

Hope Livestock Auction Inc.

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Hope, Arkansas · Thu, May 27
● Final50 lots reportedUSDA AMS · slug 2058
Feeder Cattle receipts
467 head
467 vs last sale 0 32 vs year ago 435 · +7.4%
Slaughter Cattle receipts
109 head
109 vs last sale 0 48 vs year ago 61 · +78.7%
Replacement Cattle receipts
15 head
15 vs last sale 0 100 vs year ago 115 · 87.0%
View

Reporter comment USDA

As filed

Compared to two weeks ago: Feeder steers 8.00-12.00 higher. Feeder heifers 4.00-10.00 higher. Slaughter cows steady to 2.00 higher. Slaughter bulls steady to 1.00 lower. Quality was average. Sold a video load of 900 lb. steers for immediate delivery at a premium. Yearling type cattle still have high demand.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $137.77/cwt on 126 head.
Average price
$137.77
126 head · 692 lb average
Value per head Derived
$953
Price × average weight ÷ 100
Grade differential Derived
−$450
per head · Medium and Large 2 over Medium and Large 1
$3.64/cwt at this weight
vs the market
12.49
vs AR average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 2386141.0654512thin
Medium and Large 1724137.42995114
One grade step is worth $3.64/cwt here — about −$450 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
137.77
AR average10 barns · 1,485 hd
150.26
−12.49
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
BullsAverage1,68883.261,4058thin
CowsBoner 80-85%Average1,23161.0775228
CowsLean 85-90%Average96852.1750513

Every lot, as filed

50 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%1,22960.81/cwt55.00–63.0074722
CowsBoner 80-85%1,33466.51/cwt66.00–67.008874
CowsBoner 80-85%1,04553.00/cwt53.00–53.005542
CowsLean 85-90%96852.17/cwt48.00–55.0050513
Bulls1,73386.65/cwt85.00–89.001,5025
Bulls1,94095.00/cwt95.00–95.001,8431
Bred CowsMedium and Large 1-21,000800.00/cwt800.00–800.008,0001
Bred CowsMedium and Large 1-21,1851,040.19/cwt1,000.00–1,075.0012,3262
BullsMedium and Large 1578131.02/cwt130.00–132.007572
SteersMedium and Large 1528150.85/cwt148.00–155.007966
BullsMedium and Large 1525133.00/cwt133.00–133.006981
BullsMedium and Large 1765106.00/cwt106.00–106.008111
SteersMedium and Large 1427159.60/cwt155.00–165.0068110
SteersMedium and Large 1335175.00/cwt175.00–175.005862
SteersMedium and Large 1673134.30/cwt132.00–138.009043
HeifersMedium and Large 1678126.00/cwt126.00–126.008542
SteersMedium and Large 1Value Added525167.00/cwt167.00–167.008773
SteersMedium and Large 1773129.74/cwt128.00–133.001,0034
SteersMedium and Large 1Value Added900125.20/cwt125.20–125.201,12757
SteersMedium and Large 1715132.01/cwt129.00–135.009444
HeifersMedium and Large 1424139.83/cwt135.00–145.005939
HeifersMedium and Large 1815108.00/cwt108.00–108.008801
SteersMedium and Large 1568150.95/cwt145.00–155.008576
BullsMedium and Large 1485144.02/cwt143.00–145.006984
SteersMedium and Large 1624140.22/cwt135.00–151.008757
HeifersMedium and Large 1Value Added615133.00/cwt133.00–133.008183
SteersMedium and Large 1468154.18/cwt148.00–161.007228
HeifersMedium and Large 2525110.00/cwt110.00–110.005781
SteersMedium and Large 1925115.00/cwt115.00–115.001,0641
SteersMedium and Large 1378163.95/cwt160.00–167.006203
HeifersMedium and Large 1576129.99/cwt125.00–133.0074910
HeifersMedium and Large 1372147.98/cwt144.00–155.005503
HeifersMedium and Large 1335156.00/cwt155.00–157.005232
SteersMedium and Large 2460133.00/cwt133.00–133.006121
HeifersMedium and Large 1474136.70/cwt133.00–142.006487
HeifersMedium and Large 1620125.14/cwt120.00–130.007766
HeifersMedium and Large 2373123.43/cwt120.00–127.004602
HeifersMedium and Large 2326126.42/cwt120.00–130.004125
Stock CowsMedium and Large 1-287478.53/cwt75.00–83.006863
BullsMedium and Large 1688123.49/cwt122.00–125.008502
SteersMedium and Large 2366145.37/cwt142.00–148.005325
HeifersMedium and Large 1512134.61/cwt132.00–137.006895
Cow-Calf PairsMedium and Large 1-21,5081,416.13/cwt1,375.00–1,475.0021,3553
SteersMedium and Large 2420135.72/cwt135.00–138.005704
BullsMedium and Large 1623127.29/cwt124.00–130.007933
Cow-Calf PairsMedium and Large 1-21,3251,075.00/cwt1,075.00–1,075.0014,2441
SteersMedium and Large 2333145.00/cwt145.00–145.004832
HeifersMedium and Large 2410125.00/cwt125.00–125.005131
Bulls1,44868.93/cwt68.00–70.009982
Bred CowsMedium and Large 1-21,235973.99/cwt950.00–1,000.0012,0292

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.