Sale reports / Arkansas / Hope Livestock Auction Inc. / 2021-11-11

Hope Livestock Auction Inc.

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Hope, Arkansas · Thu, Nov 11
● Final52 lots reportedUSDA AMS · slug 2058
Feeder Cattle receipts
1,409 head
▲ 637 vs last sale 772▲ 99 vs year ago 1,310 · +7.6%
Slaughter Cattle receipts
376 head
▲ 245 vs last sale 131▲ 171 vs year ago 205 · +83.4%
Replacement Cattle receipts
35 head
▲ 20 vs last sale 15▲ 20 vs year ago 15 · +133.3%
View

Reporter comment USDA

As filed

Compared to last week; Feeder steers under 500 lbs 1.00-5.00 higher, 500 to 650 lbs 5.00-10.00 lower, over 650 lbs steady. Feeder heifers unevenly steady. Slaughter cows 2.00-3.00 lower. Slaughter bulls 1.00-2.00 lower. Quality was average.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $153.73/cwt on 167 head.
Average price
$153.73
167 head · 472 lb average
Value per head Derived
$726
Price × average weight ÷ 100
Grade differential Derived
$191
per head · Medium and Large 1 over Medium and Large 2
$20.39/cwt at this weight
vs the market
−3.29
vs AR average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1487158.37772129
Medium and Large 2421137.9858038
One grade step is worth $20.39/cwt here — about $191 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 sale167 hd
153.73
—
AR average8 barns · 2,242 hd
157.02
−3.29
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—Low1,63775.841,24113
CowsBoner 80-85%Average1,18148.5057368
CowsLean 85-90%Average94631.2829632

Every lot, as filed

52 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—474163.21/cwt155.00–173.0077427
SteersMedium and Large 2—369145.87/cwt140.00–150.0053812
SteersMedium and Large 1—671135.26/cwt130.00–139.009088
HeifersMedium and Large 2—322131.06/cwt130.00–135.004225
HeifersMedium and Large 1—418138.39/cwt132.00–145.0057817
SteersMedium and Large 1—318173.66/cwt165.00–185.0055213
SteersMedium and Large 2—530125.00/cwt125.00–125.006632
SteersMedium and Large 1—376172.93/cwt165.00–183.0065017
SteersMedium and Large 1—610134.44/cwt130.00–136.008209
HeifersMedium and Large 1—674119.51/cwt119.00–120.008054
HeifersMedium and Large 1—321155.51/cwt145.00–167.0049911
SteersMedium and Large 2—313140.00/cwt140.00–140.004382
SteersMedium and Large 1—560144.59/cwt137.00–154.008106
SteersMedium and Large 2—635115.00/cwt115.00–115.007301
SteersMedium and Large 1—419168.24/cwt155.00–177.0070524
SteersMedium and Large 2—422137.71/cwt135.00–145.0058113
SteersMedium and Large 1—514154.13/cwt145.00–165.0079215
SteersMedium and Large 2—469132.18/cwt130.00–138.006208
SteersMedium and Large 1—750128.00/cwt128.00–128.009601
SteersMedium and Large 1—825130.00/cwt130.00–130.001,0732
HeifersMedium and Large 1—360150.89/cwt145.00–165.0054317
BullsMedium and Large 1—472141.96/cwt135.00–147.006705
BullsMedium and Large 1—813101.02/cwt100.00–102.008212
BullsMedium and Large 1—585124.24/cwt120.00–127.007274
BullsMedium and Large 1—524132.06/cwt125.00–137.0069211
BullsMedium and Large 1—775107.00/cwt107.00–107.008291
HeifersMedium and Large 2—376126.65/cwt120.00–133.004765
HeifersMedium and Large 1—466133.75/cwt130.00–139.0062314
HeifersMedium and Large 1Fleshy—615113.96/cwt112.00–117.007014
HeifersMedium and Large 2—420119.86/cwt115.00–125.005038
HeifersMedium and Large 1—514126.53/cwt120.00–135.0065014
SteersMedium and Large 1—734132.54/cwt127.00–138.009737
HeifersMedium and Large 2—525112.45/cwt105.00–115.0059010
HeifersMedium and Large 1—571123.44/cwt118.00–129.007059
HeifersMedium and Large 2—567108.29/cwt105.00–115.006143
BullsMedium and Large 1—655117.00/cwt117.00–117.007661
HeifersMedium and Large 2—458115.62/cwt110.00–118.005306
HeifersMedium and Large 1—616121.86/cwt118.00–127.0075114
Cow-Calf PairsMedium and Large 1-2—1,4181,077.20/cwt1,025.00–1,125.0015,2752
Bred CowsMedium and Large 1-2—1,195886.31/cwt800.00–1,000.0010,5918
Bred CowsMedium and Large 1-2—1,215900.00/cwt900.00–900.0010,9352
Bred CowsMedium and Large 1-2—1,101720.80/cwt700.00–750.007,9365
Bred CowsMedium and Large 1-2—1,2001,032.34/cwt925.00–1,150.0012,3882
Bred CowsMedium and Large 1-2—1,0731,061.18/cwt925.00–1,150.0011,3863
Bred CowsMedium and Large 1-2—1,150683.38/cwt600.00–775.007,8595
Bulls——1,50366.29/cwt64.00–68.009964
CowsBoner 80-85%—1,18250.74/cwt45.00–58.0060041
CowsBoner 80-85%—1,38662.13/cwt60.00–67.0086110
CowsBoner 80-85%—1,05935.06/cwt30.00–40.0037117
CowsLean 85-90%—99734.09/cwt31.00–39.0034023
Bulls——1,69680.08/cwt72.00–84.001,3589
CowsLean 85-90%—81524.11/cwt22.00–26.001969

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.