Sale reports / Arkansas / Hope Livestock Auction Inc. / 2021-09-02

Hope Livestock Auction Inc.

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Hope, Arkansas · Thu, Sep 2
● Final56 lots reportedUSDA AMS · slug 2058
Feeder Cattle receipts
830 head
▲ 354 vs last sale 476▲ 222 vs year ago 608 · +36.5%
Slaughter Cattle receipts
67 head
▼ 65 vs last sale 132▼ 46 vs year ago 113 · −40.7%
Replacement Cattle receipts
12 head
▼ 13 vs last sale 25▼ 18 vs year ago 30 · −60.0%
View

Reporter comment USDA

As filed

Compared to last week: Feeder steers 2.00-6.00 lower. Feeder heifers under 500 lbs. steady; over 500 lbs. 4.00-7.00 lower. Slaughter cows steady to 1.00 lower. Slaughter bulls 1.00-2.00 higher. Quality was average to plain. Buyers were not as aggressive this week. Weaned yearling type cattle sold at a premium.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $154.56/cwt on 135 head.
Average price
$154.56
135 head · 555 lb average
Value per head Derived
$858
Price × average weight ÷ 100
Grade differential Derived
$286
per head · Medium and Large 1 over Medium and Large 2
$16.55/cwt at this weight
vs the market
+1.21
vs AR average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1586158.49929103
Medium and Large 2453141.9464332
One grade step is worth $16.55/cwt here — about $286 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 sale135 hd
154.56
—
AR average7 barns · 1,019 hd
153.35
+1.21
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—Low1,62881.821,3324thin
CowsBoner 80-85%High1,18960.1371520
CowsLean 85-90%Average90240.8436810

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—573154.23/cwt150.00–157.0088413
HeifersMedium and Large 1Value Added—605141.00/cwt141.00–141.008531
SteersMedium and Large 2—483137.39/cwt135.00–140.006645
SteersMedium and Large 1—705148.47/cwt144.00–153.001,0472
HeifersMedium and Large 1—676132.21/cwt128.00–136.008944
SteersMedium and Large 2—422144.95/cwt140.00–150.0061211
SteersMedium and Large 2—524133.68/cwt130.00–139.007007
SteersMedium and Large 1—613147.72/cwt144.00–154.0090610
SteersMedium and Large 1—468161.05/cwt156.00–170.007548
SteersMedium and Large 1—365178.24/cwt175.00–180.006513
SteersMedium and Large 1—526154.84/cwt154.00–155.008146
SteersMedium and Large 2—335155.00/cwt155.00–155.005191
SteersMedium and Large 1—845145.00/cwt145.00–145.001,2251
SteersMedium and Large 2—578127.51/cwt125.00–130.007372
SteersMedium and Large 1Value Added—719156.92/cwt153.00–160.001,1286
SteersMedium and Large 1Value Added—623162.28/cwt159.00–164.001,01115
SteersMedium and Large 1—773146.40/cwt142.00–151.001,1322
SteersMedium and Large 1Value Added—770151.34/cwt150.00–152.001,1653
SteersMedium and Large 1—668145.71/cwt140.00–153.009738
SteersMedium and Large 1Value Added—662159.87/cwt157.00–161.001,05810
SteersMedium and Large 1Value Added—860151.00/cwt151.00–151.001,2991
SteersMedium and Large 1—885144.00/cwt144.00–144.001,2741
HeifersMedium and Large 2—424131.77/cwt130.00–135.005594
HeifersMedium and Large 1—705128.51/cwt125.00–133.009066
BullsMedium and Large 1—529141.17/cwt135.00–145.007475
BullsMedium and Large 1—605130.00/cwt130.00–130.007871
BullsMedium and Large 1—566138.15/cwt135.00–141.007826
BullsMedium and Large 1—465149.02/cwt148.00–150.006932
CowsLean 85-90%—96148.48/cwt41.00–51.004665
CowsBoner 80-85%—1,27870.59/cwt67.00–74.009026
CowsBoner 80-85%—1,25561.98/cwt59.00–65.007788
CowsBoner 80-85%—1,01147.20/cwt42.00–50.004776
CowsLean 85-90%—84233.20/cwt31.00–35.002805
Bulls——1,24575.00/cwt75.00–75.009341
Bulls——1,75684.09/cwt83.00–85.001,4773
Bred CowsMedium and Large 1-2—1,015850.00/cwt850.00–850.008,6281
Bred CowsMedium and Large 1-2—1,116817.29/cwt785.00–850.009,1216
HeifersMedium and Large 2—470130.00/cwt130.00–130.006112
HeifersMedium and Large 1Value Added—668138.58/cwt137.00–140.009265
HeifersMedium and Large 1—480144.96/cwt140.00–149.0069611
HeifersMedium and Large 1—614135.13/cwt132.00–138.0083013
HeifersMedium and Large 1—419148.28/cwt142.00–151.0062113
HeifersMedium and Large 1—763124.99/cwt122.00–127.009543
HeifersMedium and Large 1—374155.06/cwt149.00–163.005807
HeifersMedium and Large 1—527139.62/cwt135.00–145.0073611
HeifersMedium and Large 2—335135.51/cwt135.00–136.004542
HeifersMedium and Large 1Value Added—768135.50/cwt135.00–136.001,0416
HeifersMedium and Large 1Value Added—558142.98/cwt141.00–145.007983
HeifersMedium and Large 2—525123.50/cwt122.00–125.006482
HeifersMedium and Large 1—815123.00/cwt123.00–123.001,0021
HeifersMedium and Large 1Value Added—704135.50/cwt133.00–139.009544
HeifersMedium and Large 1—572136.12/cwt130.00–141.0077917
SteersMedium and Large 1—417169.19/cwt160.00–178.007069
SteersMedium and Large 2—381152.47/cwt150.00–158.005816
HeifersMedium and Large 1—330161.38/cwt155.00–170.0053310
SteersMedium and Large 1—318188.61/cwt180.00–200.006005

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.