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
Bulls—Average1,68883.261,4058thin
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
Bulls——1,73386.65/cwt85.00–89.001,5025
Bulls——1,94095.00/cwt95.00–95.001,8431
Bred CowsMedium and Large 1-2—1,000800.00/cwt800.00–800.008,0001
Bred CowsMedium and Large 1-2—1,1851,040.19/cwt1,000.00–1,075.0012,3262
BullsMedium and Large 1—578131.02/cwt130.00–132.007572
SteersMedium and Large 1—528150.85/cwt148.00–155.007966
BullsMedium and Large 1—525133.00/cwt133.00–133.006981
BullsMedium and Large 1—765106.00/cwt106.00–106.008111
SteersMedium and Large 1—427159.60/cwt155.00–165.0068110
SteersMedium and Large 1—335175.00/cwt175.00–175.005862
SteersMedium and Large 1—673134.30/cwt132.00–138.009043
HeifersMedium and Large 1—678126.00/cwt126.00–126.008542
SteersMedium and Large 1Value Added—525167.00/cwt167.00–167.008773
SteersMedium and Large 1—773129.74/cwt128.00–133.001,0034
SteersMedium and Large 1Value Added—900125.20/cwt125.20–125.201,12757
SteersMedium and Large 1—715132.01/cwt129.00–135.009444
HeifersMedium and Large 1—424139.83/cwt135.00–145.005939
HeifersMedium and Large 1—815108.00/cwt108.00–108.008801
SteersMedium and Large 1—568150.95/cwt145.00–155.008576
BullsMedium and Large 1—485144.02/cwt143.00–145.006984
SteersMedium and Large 1—624140.22/cwt135.00–151.008757
HeifersMedium and Large 1Value Added—615133.00/cwt133.00–133.008183
SteersMedium and Large 1—468154.18/cwt148.00–161.007228
HeifersMedium and Large 2—525110.00/cwt110.00–110.005781
SteersMedium and Large 1—925115.00/cwt115.00–115.001,0641
SteersMedium and Large 1—378163.95/cwt160.00–167.006203
HeifersMedium and Large 1—576129.99/cwt125.00–133.0074910
HeifersMedium and Large 1—372147.98/cwt144.00–155.005503
HeifersMedium and Large 1—335156.00/cwt155.00–157.005232
SteersMedium and Large 2—460133.00/cwt133.00–133.006121
HeifersMedium and Large 1—474136.70/cwt133.00–142.006487
HeifersMedium and Large 1—620125.14/cwt120.00–130.007766
HeifersMedium and Large 2—373123.43/cwt120.00–127.004602
HeifersMedium and Large 2—326126.42/cwt120.00–130.004125
Stock CowsMedium and Large 1-2—87478.53/cwt75.00–83.006863
BullsMedium and Large 1—688123.49/cwt122.00–125.008502
SteersMedium and Large 2—366145.37/cwt142.00–148.005325
HeifersMedium and Large 1—512134.61/cwt132.00–137.006895
Cow-Calf PairsMedium and Large 1-2—1,5081,416.13/cwt1,375.00–1,475.0021,3553
SteersMedium and Large 2—420135.72/cwt135.00–138.005704
BullsMedium and Large 1—623127.29/cwt124.00–130.007933
Cow-Calf PairsMedium and Large 1-2—1,3251,075.00/cwt1,075.00–1,075.0014,2441
SteersMedium and Large 2—333145.00/cwt145.00–145.004832
HeifersMedium and Large 2—410125.00/cwt125.00–125.005131
Bulls——1,44868.93/cwt68.00–70.009982
Bred CowsMedium and Large 1-2—1,235973.99/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.