Sale reports / Arkansas / Hope Livestock Auction Inc. / 2021-06-03

Hope Livestock Auction Inc.

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Hope, Arkansas · Thu, Jun 3
● Final54 lots reportedUSDA AMS · slug 2058
Feeder Cattle receipts
524 head
▲ 57 vs last sale 467▼ 15 vs year ago 539 · −2.8%
Slaughter Cattle receipts
172 head
▲ 63 vs last sale 109▲ 57 vs year ago 115 · +49.6%
Replacement Cattle receipts
85 head
▲ 70 vs last sale 15▲ 60 vs year ago 25 · +240.0%
View

Reporter comment USDA

As filed

Compared to last week: Feeder steers under 400 lbs. 8.00-10.00 higher; over 400 lbs. steady to 4.00 higher. Feeder heifers steady to 4.00 higher. Slaughter cows steady to 1.00 higher. Slaughter bulls steady to 1.00 higher. Quality was plain to average.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $142.96/cwt on 78 head.
Average price
$142.96
78 head · 606 lb average
Value per head Derived
$867
Price × average weight ÷ 100
Grade differential Derived
$311
per head · Medium and Large 1 over Medium and Large 2
$4.03/cwt at this weight
vs the market
−11.99
vs AR average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1628143.3890070
Medium and Large 2423139.345898thin
One grade step is worth $4.03/cwt here — about $311 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 sale78 hd
142.96
—
AR average9 barns · 1,429 hd
154.95
−11.99
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—Average1,76183.641,47313
CowsBoner 80-85%Average1,24060.8575419
CowsBreaker 75-80%Average1,37556.007701thin
CowsLean 85-90%Average94851.544898thin

Every lot, as filed

54 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—700127.00/cwt127.00–127.008891
HeifersMedium and Large 1—815113.96/cwt108.00–120.009292
SteersMedium and Large 1—829122.27/cwt120.00–124.001,0147
HeifersMedium and Large 1—470141.89/cwt136.00–145.006679
SteersMedium and Large 1—775128.66/cwt125.00–131.009973
HeifersMedium and Large 1—680121.00/cwt121.00–121.008231
SteersMedium and Large 1—361177.13/cwt175.00–185.006395
SteersMedium and Large 1—563147.27/cwt140.00–153.008297
SteersMedium and Large 1—627143.98/cwt135.00–150.009035
SteersMedium and Large 1—968105.46/cwt100.00–111.001,0212
BullsMedium and Large 1—630131.00/cwt131.00–131.008251
SteersMedium and Large 1Value Added—705143.65/cwt141.00–145.001,0133
SteersMedium and Large 1—523150.36/cwt144.00–155.007869
SteersMedium and Large 1—653140.51/cwt137.00–144.009182
SteersMedium and Large 1Value Added—635153.00/cwt153.00–153.009725
Cow-Calf PairsMedium and Large 1-2—1,3431,278.16/cwt1,175.00–1,375.0017,1663
Cow-Calf PairsMedium and Large 1-2—1,3341,106.49/cwt1,075.00–1,150.0014,7614
BullsMedium and Large 1—580131.15/cwt130.00–135.007616
BullsMedium and Large 1—715115.34/cwt115.00–116.008253
BullsMedium and Large 1—760110.97/cwt107.00–115.008432
BullsMedium and Large 1—470145.00/cwt145.00–145.006822
CowsLean 85-90%—97153.48/cwt48.00–55.005197
CowsBreaker 75-80%—1,37556.00/cwt56.00–56.007701
CowsBoner 80-85%—1,24661.56/cwt58.00–66.0076718
CowsBoner 80-85%—1,12548.00/cwt48.00–48.005401
Bulls——1,82585.57/cwt83.00–88.001,56211
Bulls——1,40873.02/cwt72.00–74.001,0282
Cow-Calf PairsMedium and Large 1-2—1,3901,537.19/cwt1,525.00–1,550.0021,3672
Stock CowsMedium and Large 1-2—89370.33/cwt68.00–73.006283
Bred CowsMedium and Large 1-2—1,1011,057.50/cwt950.00–1,170.0011,64342
Bred CowsMedium and Large 1-2—1,260800.00/cwt800.00–800.0010,0801
Bred CowsMedium and Large 1-2—1,055855.00/cwt855.00–855.009,0201
CowsLean 85-90%—78538.00/cwt38.00–38.002981
HeifersMedium and Large 1—855105.00/cwt105.00–105.008981
HeifersMedium and Large 1—763110.51/cwt110.00–111.008432
SteersMedium and Large 2—475135.00/cwt135.00–135.006412
HeifersMedium and Large 2—415125.00/cwt125.00–125.005192
SteersMedium and Large 2—433136.58/cwt135.00–140.005913
Cow-Calf PairsMedium and Large 1-2—1,5601,412.30/cwt1,400.00–1,425.0022,0322
SteersMedium and Large 2—377145.00/cwt145.00–145.005473
HeifersMedium and Large 1—325152.00/cwt152.00–152.004941
HeifersMedium and Large 1—426146.38/cwt144.00–151.006244
HeifersMedium and Large 2—300135.00/cwt135.00–135.004051
HeifersMedium and Large 2—468120.34/cwt120.00–121.005633
HeifersMedium and Large 1—527134.96/cwt130.00–143.007118
HeifersMedium and Large 1—382144.65/cwt140.00–147.005533
SteersMedium and Large 1—1,02394.94/cwt90.00–100.009713
SteersMedium and Large 1—467156.22/cwt155.00–157.007305
HeifersMedium and Large 1—607126.34/cwt123.00–128.007676
HeifersMedium and Large 1—565130.55/cwt127.00–135.007384
SteersMedium and Large 1—412164.43/cwt160.00–173.006777
HeifersMedium and Large 1—715119.00/cwt119.00–119.008511
SteersMedium and Large 1—325185.00/cwt185.00–185.006011
SteersMedium and Large 1—873117.58/cwt112.00–124.001,0265

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.