Sale reports / Arkansas / Hope Livestock Auction Inc. / 2021-01-07

Hope Livestock Auction Inc.

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Hope, Arkansas · Thu, Jan 7
● Final49 lots reportedUSDA AMS · slug 2058
Feeder Cattle receipts
505 head
▼ 196 vs last sale 701▼ 641 vs year ago 1,146 · −55.9%
Slaughter Cattle receipts
105 head
▲ 18 vs last sale 87▼ 73 vs year ago 178 · −41.0%
Replacement Cattle receipts
35 head
▲ 25 vs last sale 10▲ 15 vs year ago 20 · +75.0%
View

Reporter comment USDA

As filed

No trend due to sale being closed for two weeks due to holidays. Cattle were average with some attractive. Buyers activity was good even with very wet conditions for past couple of days.

Weight classPick one — the panels below update

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $158.22/cwt on 105 head.
Average price
$158.22
105 head · 455 lb average
Value per head Derived
$721
Price × average weight ÷ 100
Grade differential Derived
$207
per head · Medium and Large 1 over Medium and Large 2
$23.25/cwt at this weight
vs the market
+8.34
vs AR average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1470163.0976783
Medium and Large 2400139.8455922
One grade step is worth $23.25/cwt here — about $207 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 sale105 hd
158.22
—
AR average8 barns · 1,753 hd
149.88
+8.34
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—Average1,63972.051,18111
CowsBreaker 75-80%Average1,36545.006141thin
CowsBoner 80-85%Average1,20642.7751614
CowsLean 85-90%Average94832.1930513

Every lot

49 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. Grouped by class and set lightest first; USDA files them in sale-ring order.
ClassWeightGrade / descriptionAvg wtPriceRangePer headHead
Feeder Cattle · Steers16 lots · lightest first
Steers—Medium and Large 1321177.68/cwt175.00–182.005707
Steers—Medium and Large 2332145.41/cwt138.00–150.004838
Steers—Medium and Large 2375145.00/cwt145.00–145.005442
Steers—Medium and Large 1376175.12/cwt173.00–179.006587
Steers—Medium and Large 2422139.01/cwt133.00–145.005877
Steers—Medium and Large 1424171.11/cwt157.00–177.0072623
Steers—Medium and Large 1Value Added445178.00/cwt178.00–178.007925
Steers—Medium and Large 2467131.68/cwt130.00–135.006153
Steers—Medium and Large 1Value Added470165.50/cwt165.00–167.007784
Steers—Medium and Large 1473163.36/cwt153.00–170.0077313
Steers—Medium and Large 2520127.52/cwt125.00–130.006632
Steers—Medium and Large 1532148.92/cwt142.00–157.007925
Steers—Medium and Large 1565139.91/cwt135.00–145.007902
Steers—Medium and Large 1600131.00/cwt127.00–135.007862
Steers—Medium and Large 1Value Added605145.86/cwt144.00–146.0088214
Steers—Medium and Large 1680127.00/cwt127.00–127.008641
Feeder Cattle · Heifers16 lots · lightest first
Heifers—Medium and Large 2318126.06/cwt125.00–127.004012
Heifers—Medium and Large 1337153.33/cwt150.00–157.005176
Heifers—Medium and Large 2371130.05/cwt125.00–145.004824
Heifers—Medium and Large 1377148.25/cwt140.00–155.0055911
Heifers—Medium and Large 1421137.88/cwt130.00–145.005806
Heifers—Medium and Large 2422121.77/cwt115.00–125.005149
Heifers—Medium and Large 2475117.03/cwt115.00–119.005563
Heifers—Medium and Large 1478132.98/cwt127.00–137.006368
Heifers—Medium and Large 1Value Added500130.00/cwt130.00–130.0065012
Heifers—Medium and Large 1516128.53/cwt125.00–134.0066311
Heifers—Medium and Large 2523115.61/cwt114.00–117.006055
Heifers—Medium and Large 1569123.65/cwt120.00–130.007046
Heifers—Medium and Large 1Value Added590123.00/cwt123.00–123.0072614
Heifers—Medium and Large 1600120.00/cwt120.00–120.007201
Heifers—Medium and Large 1673117.00/cwt117.00–117.007872
Heifers—Medium and Large 1723114.99/cwt112.00–117.008313
Feeder Cattle · Bulls2 lots · lightest first
Bulls—Medium and Large 1595127.00/cwt127.00–127.007561
Bulls—Medium and Large 1600117.00/cwt117.00–117.007021
Slaughter Cattle · Bulls2 lots · lightest first
Bulls——1,48462.43/cwt58.00–67.009264
Bulls——1,72877.54/cwt72.00–83.001,3407
Slaughter Cattle · Cows4 lots · lightest first
Cows—Lean 85-90%79022.67/cwt21.00–25.001793
Cows—Lean 85-90%99535.05/cwt33.00–38.0034910
Cows—Boner 80-85%1,20642.77/cwt40.00–47.0051614
Cows—Breaker 75-80%1,36545.00/cwt45.00–45.006141
Replacement Cattle · Cow-Calf Pairs2 lots · lightest first
Cow-Calf Pairs—Medium and Large 1-21,050800.00/cwt800.00–800.008,4001
Cow-Calf Pairs—Medium and Large 1-21,160900.00/cwt900.00–900.0010,4401
Replacement Cattle · Stock Cows3 lots · lightest first
Stock Cows—Medium and Large 1-282065.00/cwt65.00–65.005331
Stock Cows—Medium and Large 1-282363.97/cwt63.00–65.005262
Stock Cows—Medium and Large 1-289079.00/cwt79.00–79.007031
Replacement Cattle · Bred Cows4 lots · lightest first
Bred Cows—Medium and Large 1-21,115800.00/cwt800.00–800.008,9201
Bred Cows—Medium and Large 1-21,123917.92/cwt800.00–1,200.0010,30810
Bred Cows—Medium and Large 1-21,152989.52/cwt900.00–1,200.0011,3997
Bred Cows—Medium and Large 1-21,190825.00/cwt825.00–825.009,8181

This sale against other markets

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.