Sale reports / Arkansas / Hope Livestock Auction Inc. / 2021-06-17

Hope Livestock Auction Inc.

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Hope, Arkansas · Thu, Jun 17
● Final41 lots reportedUSDA AMS · slug 2058
Feeder Cattle receipts
415 head
▼ 109 vs last sale 524▼ 296 vs year ago 711 · −41.6%
Slaughter Cattle receipts
52 head
▼ 120 vs last sale 172▼ 59 vs year ago 111 · −53.2%
Replacement Cattle receipts
10 head
▼ 75 vs last sale 85▼ 5 vs year ago 15 · −33.3%
View

Reporter comment USDA

As filed

Compared to two weeks ago: Feeder steers under 450 lbs. 8.00-10.00 lower; 450 lbs-650 lbs. 1.00-3.00 lower; over 650 lbs. 3.00-6.00 higher. Feeder heifers steady to 3.00 higher. Slaughter cows 1.00-2.00 lower. Slaughter bulls steady. Quality was average to plain. Buyer activity was limited. Demand was good on larger yearling type cattle.

Weight class

Heifers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb heifers averaged $139.17/cwt on 77 head.
Average price
$139.17
77 head · 485 lb average
Value per head Derived
$675
Price × average weight ÷ 100
Grade differential Derived
$155
per head · Medium and Large 1 over Medium and Large 2
$17.31/cwt at this weight
vs the market
+5.64
vs AR average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1492141.1969468
Medium and Large 2435123.885399thin
One grade step is worth $17.31/cwt here — about $155 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 sale77 hd
139.17
—
AR average8 barns · 1,122 hd
133.53
+5.64
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—Low1,43077.321,1066thin
CowsBoner 80-85%Average1,25258.8373618
CowsLean 85-90%Average93445.6542610

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
SteersMedium and Large 2—335145.00/cwt145.00–145.004861
SteersMedium and Large 1—458153.27/cwt150.00–155.007023
Bred CowsMedium and Large 1-2—1,140975.00/cwt975.00–975.0011,1151
Cow-Calf PairsMedium and Large 1-2—1,3551,225.00/cwt1,225.00–1,225.0016,5991
HeifersMedium and Large 1—342148.66/cwt147.00–150.005083
BullsMedium and Large 1—527134.18/cwt133.00–137.007075
HeifersMedium and Large 1—422145.90/cwt140.00–151.0061615
BullsMedium and Large 1—576132.21/cwt129.00–135.007624
HeifersMedium and Large 2—383134.03/cwt133.00–135.005132
Bulls——1,30672.47/cwt69.00–75.009464
Bulls——1,67887.01/cwt85.00–89.001,4602
CowsBoner 80-85%—1,27560.44/cwt58.00–65.0077116
CowsBoner 80-85%—1,06545.98/cwt45.00–47.004902
CowsLean 85-90%—96747.70/cwt45.00–52.004618
CowsLean 85-90%—80337.44/cwt36.00–39.003012
BullsMedium and Large 1—478142.46/cwt140.00–145.006812
BullsMedium and Large 1—718122.03/cwt119.00–125.008762
BullsMedium and Large 1—672123.02/cwt119.00–127.008273
HeifersMedium and Large 1Value Added—507150.04/cwt143.00–155.007619
SteersMedium and Large 1—520149.36/cwt146.00–155.0077711
SteersMedium and Large 1—616142.34/cwt140.00–147.008778
SteersMedium and Large 1—676143.61/cwt140.00–148.0097110
HeifersMedium and Large 1—568132.80/cwt130.00–135.007545
SteersMedium and Large 1—376163.26/cwt160.00–165.006144
HeifersMedium and Large 2—535120.00/cwt120.00–120.006421
SteersMedium and Large 1—719136.47/cwt130.00–140.009814
HeifersMedium and Large 1—680123.36/cwt120.00–128.008393
SteersMedium and Large 1Value Added—585157.00/cwt157.00–157.009183
HeifersMedium and Large 2—425122.97/cwt120.00–127.005234
SteersMedium and Large 1—564145.83/cwt142.00–155.008227
HeifersMedium and Large 2—330120.00/cwt120.00–120.003961
HeifersMedium and Large 1—623129.02/cwt125.00–132.008049
HeifersMedium and Large 1—377150.34/cwt145.00–157.005678
HeifersMedium and Large 1—467139.14/cwt135.00–145.006507
SteersMedium and Large 2—465132.00/cwt130.00–134.006142
HeifersMedium and Large 1—527138.25/cwt135.00–148.007299
SteersMedium and Large 2—427135.98/cwt135.00–140.005815
SteersMedium and Large 1—410155.99/cwt155.00–158.006403
SteersMedium and Large 2—523130.00/cwt130.00–130.006802
HeifersMedium and Large 2—585115.00/cwt115.00–115.006731
SteersMedium and Large 2—355140.00/cwt140.00–140.004972

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.