Sale reports / Arkansas / Hope Livestock Auction Inc. / 2021-09-16

Hope Livestock Auction Inc.

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Hope, Arkansas · Thu, Sep 16
● Final51 lots reportedUSDA AMS · slug 2058
Feeder Cattle receipts
855 head
▼ 124 vs last sale 979▲ 91 vs year ago 764 · +11.9%
Slaughter Cattle receipts
219 head
▲ 100 vs last sale 119▲ 101 vs year ago 118 · +85.6%
Replacement Cattle receipts
15 head
▼ 10 vs last sale 25▲ 0 vs year ago 15 · +0.0%
View

Reporter comment USDA

As filed

Compared to last week: Feeder steers 2.00-5.00 lower. Feeder heifers 5.00-10.00 lower. Slaughter cows 2.00-10.00 lower. Slaughter bulls steady. Quality was plain to average. Buyer participation was limited. Majority of offering was new crop calves with a limited number of yearling type catttle.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $162.67/cwt on 115 head.
Average price
$162.67
115 head · 469 lb average
Value per head Derived
$762
Price × average weight ÷ 100
Grade differential Derived
$157
per head · Medium and Large 1 over Medium and Large 2
$30.37/cwt at this weight
vs the market
+12.93
vs AR average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1471169.2779790
Medium and Large 2461138.9064025
One grade step is worth $30.37/cwt here — about $157 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 sale115 hd
162.67
—
AR average4 barns · 685 hd
149.73
+12.93
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—Low1,61784.771,3718thin
CowsBreaker 75-80%Average1,50360.869154thin
CowsBoner 80-85%Average1,19555.8066751
CowsLean 85-90%Low97239.9638927

Every lot, as filed

51 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 1—718115.00/cwt115.00–115.008262
BullsMedium and Large 1—508137.33/cwt137.00–138.006983
BullsMedium and Large 1—755110.00/cwt110.00–110.008311
BullsMedium and Large 1—459141.02/cwt138.00–145.006477
BullsMedium and Large 1—619128.28/cwt125.00–135.007944
BullsMedium and Large 1—569132.10/cwt125.00–137.007525
SteersMedium and Large 1—564149.77/cwt145.00–155.008457
SteersMedium and Large 1—473165.72/cwt155.00–178.0078417
SteersMedium and Large 1—320201.52/cwt185.00–215.0064514
SteersMedium and Large 2—620120.00/cwt120.00–120.007443
SteersMedium and Large 1—418177.25/cwt163.00–195.0074119
SteersMedium and Large 2—423142.60/cwt130.00–149.006037
SteersMedium and Large 2—358151.37/cwt147.00–155.005423
SteersMedium and Large 1—725138.02/cwt135.00–141.001,0012
HeifersMedium and Large 2—528119.41/cwt118.00–120.006305
SteersMedium and Large 2—560135.00/cwt135.00–135.007561
SteersMedium and Large 1—662138.66/cwt135.00–142.009183
SteersMedium and Large 2—473137.02/cwt133.00–140.0064810
SteersMedium and Large 1—621140.71/cwt139.00–145.008748
SteersMedium and Large 1—528152.65/cwt145.00–163.0080611
HeifersMedium and Large 1—463134.73/cwt132.00–138.006247
SteersMedium and Large 1—755127.00/cwt127.00–127.009591
SteersMedium and Large 2—335155.00/cwt155.00–155.005191
SteersMedium and Large 1—376194.44/cwt183.00–205.007318
HeifersMedium and Large 2—378127.48/cwt125.00–130.004822
CowsLean 85-90%—85827.17/cwt23.00–32.002334
CowsLean 85-90%—99242.19/cwt38.00–46.0041923
CowsBreaker 75-80%—1,50360.86/cwt58.00–63.009154
Bulls——1,45072.00/cwt72.00–72.001,0441
Bulls——1,64186.59/cwt77.00–91.001,4217
CowsBoner 80-85%—1,22659.79/cwt53.00–64.0073321
CowsBoner 80-85%—1,05944.04/cwt40.00–50.0046618
CowsBoner 80-85%—1,34366.45/cwt65.00–68.0089212
Bred CowsMedium and Large 1-2—1,085871.89/cwt800.00–1,025.009,4603
Cow-Calf PairsMedium and Large 1-2—1,255900.00/cwt900.00–900.0011,2951
Cow-Calf PairsMedium and Large 1-2—1,3951,000.00/cwt1,000.00–1,000.0013,9501
Cow-Calf PairsMedium and Large 1-2—1,4421,086.07/cwt1,000.00–1,150.0015,6613
Cow-Calf PairsMedium and Large 1-2—1,2591,075.00/cwt1,075.00–1,075.0013,5341
HeifersMedium and Large 2—645115.00/cwt115.00–115.007421
HeifersMedium and Large 2—314134.32/cwt130.00–137.004224
BullsMedium and Large 1—672121.61/cwt115.00–125.008175
HeifersMedium and Large 1—307151.64/cwt150.00–155.004665
HeifersMedium and Large 2—435123.22/cwt117.00–128.005369
HeifersMedium and Large 2—481122.70/cwt120.00–125.005906
HeifersMedium and Large 1—390150.95/cwt147.00–155.005892
HeifersMedium and Large 1—666124.34/cwt120.00–129.008286
HeifersMedium and Large 1—573131.27/cwt129.00–133.0075211
HeifersMedium and Large 1—420141.19/cwt138.00–144.0059314
HeifersMedium and Large 1—780110.00/cwt110.00–110.008581
HeifersMedium and Large 1—618126.24/cwt124.00–131.0078011
HeifersMedium and Large 1—520132.64/cwt130.00–135.0069014

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.