Sale reports / Arkansas / Hope Livestock Auction Inc. / 2021-09-23

Hope Livestock Auction Inc.

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Hope, Arkansas · Thu, Sep 23
● Final55 lots reportedUSDA AMS · slug 2058
Feeder Cattle receipts
962 head
107 vs last sale 855 444 vs year ago 518 · +85.7%
Slaughter Cattle receipts
325 head
106 vs last sale 219 238 vs year ago 87 · +273.6%
Replacement Cattle receipts
35 head
20 vs last sale 15 25 vs year ago 10 · +250.0%
View

Reporter comment USDA

As filed

Compared to last week: Feeder steers 5.00-10.00 lower. Feeder heifers 2.00-10.00 lower. Slaughter cows 3.00-6.00 lower. Slaughter bulls 3.00 lower. Quality was average. Buyer participation was limited. Fleshy new crop calves made up the majority of the offering. Changes in the weather combined with the time of year has the market on a downslide.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $155.29/cwt on 124 head.
Average price
$155.29
124 head · 482 lb average
Value per head Derived
$748
Price × average weight ÷ 100
Grade differential Derived
$248
per head · Medium and Large 1 over Medium and Large 2
$11.46/cwt at this weight
vs the market
+10.53
vs AR average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1515158.2481592
Medium and Large 2386146.7956732
One grade step is worth $11.46/cwt here — about $248 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 sale124 hd
155.29
AR average7 barns · 1,250 hd
144.76
+10.53
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
BullsLow1,61881.141,3139thin
CowsBreaker 75-80%Average1,45056.228159thin
CowsBoner 80-85%Low1,23553.2865885
CowsLean 85-90%Average96336.3235021

Every lot, as filed

55 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
HeifersMedium and Large 2500115.00/cwt115.00–115.005751
HeifersMedium and Large 1717122.00/cwt122.00–122.008753
HeifersMedium and Large 2364128.76/cwt125.00–130.004695
SteersMedium and Large 1800133.00/cwt133.00–133.001,0643
HeifersMedium and Large 1614122.53/cwt120.00–126.007524
SteersMedium and Large 1519142.29/cwt140.00–145.007389
SteersMedium and Large 1426171.39/cwt161.00–195.0073019
HeifersMedium and Large 1569122.62/cwt120.00–126.0069811
HeifersMedium and Large 1788111.02/cwt105.00–117.008752
HeifersMedium and Large 1668121.26/cwt120.00–123.008104
SteersMedium and Large 1795133.00/cwt133.00–133.001,0573
SteersMedium and Large 2414142.48/cwt135.00–150.0059011
SteersMedium and Large 1850127.00/cwt127.00–127.001,0801
SteersMedium and Large 1729132.72/cwt131.00–133.009687
SteersMedium and Large 1377193.84/cwt169.00–210.0073115
SteersMedium and Large 1567138.25/cwt135.00–141.0078412
SteersMedium and Large 1330196.31/cwt192.00–210.006485
SteersMedium and Large 2324155.52/cwt150.00–158.005048
SteersMedium and Large 1462157.53/cwt142.00–170.0072810
SteersMedium and Large 1607131.33/cwt130.00–133.007973
SteersMedium and Large 2470137.89/cwt130.00–145.006484
BullsMedium and Large 1627122.01/cwt117.00–125.0076511
BullsMedium and Large 1530124.84/cwt122.00–127.006627
BullsMedium and Large 1575126.00/cwt124.00–128.0072511
BullsMedium and Large 1775115.00/cwt115.00–115.008911
BullsMedium and Large 1466141.38/cwt135.00–147.006594
BullsMedium and Large 1685118.00/cwt115.00–121.008082
CowsLean 85-90%99839.48/cwt35.00–43.0039416
CowsBreaker 75-80%1,45056.22/cwt50.00–60.008159
CowsBoner 80-85%1,05540.67/cwt35.00–45.0042913
CowsLean 85-90%85326.22/cwt25.00–28.002245
CowsBoner 80-85%1,34960.96/cwt59.00–63.0082220
Bulls1,41373.00/cwt73.00–73.001,0312
Bulls1,67783.46/cwt80.00–86.001,4007
CowsBoner 80-85%1,23653.48/cwt48.00–58.0066152
Bred CowsMedium and Large 1-21,045955.00/cwt955.00–955.009,9801
Bred CowsMedium and Large 1-21,153746.93/cwt675.00–850.008,6126
Cow-Calf PairsMedium and Large 1-21,5851,000.00/cwt1,000.00–1,000.0015,8501
Cow-Calf PairsMedium and Large 1-21,370900.00/cwt900.00–900.0012,3301
Bred CowsMedium and Large 1-21,228744.33/cwt700.00–800.009,1403
Bred CowsMedium and Large 1-21,175861.32/cwt750.00–1,000.0010,12112
HeifersMedium and Large 2473116.98/cwt115.00–120.005534
HeifersMedium and Large 1Fleshy530116.51/cwt115.00–118.006182
HeifersMedium and Large 1Fleshy630113.00/cwt113.00–113.007121
HeifersMedium and Large 1506128.01/cwt124.00–130.0064819
BullsMedium and Large 1730115.00/cwt115.00–115.008401
HeifersMedium and Large 1Fleshy473121.24/cwt120.00–123.005734
SteersMedium and Large 1667130.00/cwt130.00–130.008675
HeifersMedium and Large 1420139.34/cwt133.00–145.0058515
HeifersMedium and Large 2430123.79/cwt120.00–125.005324
HeifersMedium and Large 1324150.91/cwt145.00–155.004898
HeifersMedium and Large 1810106.00/cwt106.00–106.008591
HeifersMedium and Large 1476130.73/cwt130.00–135.0062211
SteersMedium and Large 2371148.25/cwt130.00–155.005509
HeifersMedium and Large 1379144.33/cwt140.00–149.005477

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.