Sale reports / Arkansas / Hope Livestock Auction Inc. / 2021-07-01

Hope Livestock Auction Inc.

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Hope, Arkansas · Thu, Jul 1
● Final56 lots reportedUSDA AMS · slug 2058
Feeder Cattle receipts
836 head
421 vs last sale 415 836 vs year ago 0 · no sale a year ago
Slaughter Cattle receipts
93 head
41 vs last sale 52 93 vs year ago 0 · no sale a year ago
Replacement Cattle receipts
15 head
5 vs last sale 10 15 vs year ago 0 · no sale a year ago
View

Reporter comment USDA

As filed

Compared to two weeks ago: Feeder steers under 450 lbs. steady; over 450 lbs. 5.00-10.00 lower. Feeder heifers 5.00-12.00 lower. Slaughter cows steady to 1.00 higher. Slaughter bulls 1.00 lower. Quality was plain to average. Buyer participation was limited. No sale next week due to 4th of July holiday. Next sale July 15th.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $144.33/cwt on 194 head.
Average price
$144.33
194 head · 537 lb average
Value per head Derived
$775
Price × average weight ÷ 100
Grade differential Derived
$243
per head · Medium and Large 1-2 over Medium and Large 2
$19.88/cwt at this weight
vs the market
2.69
vs AR average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1-2565148.7584085
Medium and Large 1526143.5775589
Medium and Large 2464128.8759820
One grade step is worth $19.88/cwt here — about $243 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 sale194 hd
144.33
AR average7 barns · 829 hd
147.02
−2.69
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
BullsLow1,58177.411,2246thin
CowsBoner 80-85%Average1,21261.0974038
CowsBreaker 75-80%Average1,36357.617852thin
CowsLean 85-90%Low92445.8142312

Every lot, as filed

56 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 1-2Value Added565148.75/cwt148.75–148.7584085
BullsMedium and Large 1733113.31/cwt110.00–115.008313
SteersMedium and Large 1622131.98/cwt130.00–135.0082112
SteersMedium and Large 1569134.64/cwt130.00–138.0076612
BullsMedium and Large 1617125.34/cwt124.00–127.007733
BullsMedium and Large 1475143.50/cwt140.00–147.006822
HeifersMedium and Large 1700119.00/cwt119.00–119.008331
HeifersMedium and Large 1526127.80/cwt124.00–135.0067213
SteersMedium and Large 1720129.06/cwt123.00–132.009294
SteersMedium and Large 1Value Added455155.00/cwt155.00–155.007051
SteersMedium and Large 1473149.07/cwt143.00–157.0070516
SteersMedium and Large 1655130.50/cwt130.00–131.008552
BullsMedium and Large 1521132.81/cwt128.00–136.006925
SteersMedium and Large 1425155.09/cwt147.00–160.0065915
SteersMedium and Large 1825125.00/cwt125.00–125.001,0311
HeifersMedium and Large 1Value Added500138.00/cwt138.00–138.006902
HeifersMedium and Large 1Fleshy545118.00/cwt118.00–118.006431
SteersMedium and Large 1Fleshy532131.01/cwt130.00–133.006973
SteersMedium and Large 1370165.76/cwt160.00–172.006133
HeifersMedium and Large 1Value Added490143.00/cwt143.00–143.007012
Bred CowsMedium and Large 1-21,125802.22/cwt775.00–825.009,0252
Cow-Calf PairsMedium and Large 1-21,1251,341.67/cwt1,275.00–1,425.0015,0942
Bulls1,26360.37/cwt55.00–65.007622
Bulls1,74085.93/cwt83.00–89.001,4954
CowsBoner 80-85%1,20961.56/cwt55.00–67.0074429
CowsBoner 80-85%1,38969.66/cwt69.00–71.009685
CowsLean 85-90%83335.57/cwt33.00–38.002962
CowsLean 85-90%94247.86/cwt45.00–52.0045110
SteersMedium and Large 1780128.32/cwt125.00–131.001,0013
SteersMedium and Large 1333171.73/cwt170.00–175.005724
SteersMedium and Large 1518142.14/cwt135.00–150.0073613
HeifersMedium and Large 1567124.06/cwt122.00–128.0070312
SteersMedium and Large 2469129.34/cwt125.00–135.006074
SteersMedium and Large 2423131.81/cwt125.00–137.005586
HeifersMedium and Large 1419133.92/cwt130.00–136.005617
HeifersMedium and Large 1673122.20/cwt120.00–124.008229
HeifersMedium and Large 1470132.04/cwt129.00–135.006216
HeifersMedium and Large 1380141.60/cwt132.00–150.005387
SteersMedium and Large 2585117.50/cwt115.00–120.006872
SteersMedium and Large 2517125.43/cwt124.00–128.006485
HeifersMedium and Large 1616122.41/cwt120.00–128.0075410
HeifersMedium and Large 1825105.12/cwt100.00–110.008672
SteersMedium and Large 2368135.68/cwt132.00–140.004993
HeifersMedium and Large 2475115.52/cwt115.00–117.005494
Bred CowsMedium and Large 1-21,098923.92/cwt900.00–950.0010,1452
Cow-Calf PairsMedium and Large 1-21,6651,250.00/cwt1,250.00–1,250.0020,8131
BullsMedium and Large 1576123.27/cwt119.00–125.007107
HeifersMedium and Large 1325145.00/cwt145.00–145.004711
Cow-Calf PairsMedium and Large 1-21,3151,000.00/cwt1,000.00–1,000.0013,1501
Cow-Calf PairsMedium and Large 1-21,2031,283.11/cwt1,125.00–1,450.0015,4362
HeifersMedium and Large 1Fleshy570116.51/cwt115.00–118.006642
BullsMedium and Large 1775117.00/cwt117.00–117.009071
HeifersMedium and Large 2420118.01/cwt115.00–120.004963
HeifersMedium and Large 2535115.00/cwt115.00–115.006152
CowsBoner 80-85%1,01346.97/cwt45.00–50.004764
CowsBreaker 75-80%1,36357.61/cwt55.00–60.007852

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.