Sale reports / Arkansas / Hope Livestock Auction Inc. / 2021-08-26

Hope Livestock Auction Inc.

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Hope, Arkansas · Thu, Aug 26
● Final53 lots reportedUSDA AMS · slug 2058
Feeder Cattle receipts
476 head
744 vs last sale 1,220 109 vs year ago 367 · +29.7%
Slaughter Cattle receipts
132 head
79 vs last sale 211 81 vs year ago 51 · +158.8%
Replacement Cattle receipts
25 head
10 vs last sale 15 10 vs year ago 15 · +66.7%
View

Reporter comment USDA

As filed

Compared to last week: Feeder steers under 500 lbs. 9.00-15.00 higher; over 500 lbs. 5.00-10.00 higher. Feeder heifers under 400 lbs. 8.00-10.00 higher; over 400 lbs. 2.00-8.00 higher. Slaughter cows 1.00-3.00 higher. Slaughter bulls steady. Quality was average. Buyer participation was active. Demand on all classes of cattle was strong.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $158.25/cwt on 134 head.
Average price
$158.25
134 head · 528 lb average
Value per head Derived
$836
Price × average weight ÷ 100
Grade differential Derived
$258
per head · Medium and Large 1 over Medium and Large 2
$18.54/cwt at this weight
vs the market
+1.92
vs AR average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1550161.99892107
Medium and Large 2442143.4463427
One grade step is worth $18.54/cwt here — about $258 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 sale134 hd
158.25
AR average8 barns · 972 hd
156.33
+1.92
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
BullsAverage1,54881.251,2585thin
CowsBoner 80-85%Low1,16661.4871742
CowsLean 85-90%Low94746.1243712

Every lot, as filed

53 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
BullsMedium and Large 1545143.00/cwt141.00–145.007792
BullsMedium and Large 1555141.00/cwt141.00–141.007831
BullsMedium and Large 1476150.15/cwt146.00–153.007157
BullsMedium and Large 1672125.00/cwt125.00–125.008403
BullsMedium and Large 1610135.00/cwt135.00–135.008241
BullsMedium and Large 1714119.36/cwt116.00–125.008525
SteersMedium and Large 1Value Added620160.00/cwt160.00–160.009923
SteersMedium and Large 1Value Added667159.36/cwt156.00–163.001,0635
SteersMedium and Large 1Value Added705161.86/cwt158.00–165.001,1416
SteersMedium and Large 1471163.99/cwt155.00–170.0077212
SteersMedium and Large 1765152.66/cwt151.00–155.001,1683
SteersMedium and Large 1815148.98/cwt147.00–151.001,2142
SteersMedium and Large 2330152.00/cwt152.00–152.005022
SteersMedium and Large 1374184.60/cwt180.00–191.006905
SteersMedium and Large 1612152.81/cwt149.00–158.0093511
SteersMedium and Large 1721150.73/cwt148.00–153.001,0874
SteersMedium and Large 1427170.08/cwt163.00–180.0072620
SteersMedium and Large 1330193.24/cwt188.00–197.006383
SteersMedium and Large 2471140.22/cwt137.00–145.006605
SteersMedium and Large 2379150.84/cwt145.00–155.005726
HeifersMedium and Large 1428151.01/cwt145.00–156.0064616
SteersMedium and Large 1529159.13/cwt151.00–167.0084213
SteersMedium and Large 1570156.22/cwt150.00–163.0089014
HeifersMedium and Large 1529144.45/cwt141.00–147.0076413
HeifersMedium and Large 1620138.82/cwt133.00–144.0086113
SteersMedium and Large 1669152.83/cwt150.00–162.001,0226
CowsBoner 80-85%1,07148.87/cwt45.00–51.005236
Bulls1,59683.56/cwt80.00–85.001,3344
CowsBoner 80-85%1,25369.14/cwt67.00–72.5086612
CowsBoner 80-85%1,14660.81/cwt56.00–65.0069724
CowsLean 85-90%83536.65/cwt35.00–38.003063
CowsLean 85-90%98449.27/cwt45.00–52.004859
Bulls1,35572.00/cwt72.00–72.009761
Bred CowsMedium and Large 1-21,160770.00/cwt770.00–770.008,9321
Bred CowsMedium and Large 1-21,048874.58/cwt850.00–900.009,1662
Cow-Calf PairsMedium and Large 1-21,3001,250.00/cwt1,250.00–1,250.0016,2501
Cow-Calf PairsMedium and Large 1-21,3461,045.46/cwt1,000.00–1,100.0014,0726
Cow-Calf PairsMedium and Large 1-21,330800.00/cwt800.00–800.0010,6401
HeifersMedium and Large 2473126.71/cwt125.00–130.005993
HeifersMedium and Large 2328137.44/cwt135.00–140.004512
HeifersMedium and Large 1713135.33/cwt133.00–137.009653
HeifersMedium and Large 1675137.04/cwt135.00–139.009252
HeifersMedium and Large 1755120.00/cwt120.00–120.009061
HeifersMedium and Large 1571143.19/cwt140.00–148.0081819
HeifersMedium and Large 1Replacement525174.00/cwt174.00–174.009141
HeifersMedium and Large 1474145.11/cwt140.00–150.0068816
HeifersMedium and Large 1379155.16/cwt148.00–164.005888
HeifersMedium and Large 2550125.00/cwt125.00–125.006881
HeifersMedium and Large 1323159.46/cwt150.00–170.0051513
HeifersMedium and Large 2535129.00/cwt129.00–129.006901
SteersMedium and Large 2524136.86/cwt133.00–144.007177
SteersMedium and Large 2424143.55/cwt140.00–145.006097
HeifersMedium and Large 2373135.00/cwt135.00–135.005042

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.