Sale reports / Arkansas / Hope Livestock Auction Inc. / 2021-03-04

Hope Livestock Auction Inc.

Name: Hope Livestock Auction Inc. livestock auction prices — 2021-03-04
Creator: RaisedBeef
Published: 2021-03-04

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Hope, Arkansas · Thu, Mar 4

● Final42 lots reportedUSDA AMS · slug 2058

← Feb 25Mar 4Mar 11 →

Feeder Cattle receipts

429 head

▲ 66 vs last sale 363▼ 64 vs year ago 493 · −13.0%

Slaughter Cattle receipts

60 head

▼ 21 vs last sale 81▼ 61 vs year ago 121 · −50.4%

Replacement Cattle receipts

10 head

▼ 10 vs last sale 20▼ 5 vs year ago 15 · −33.3%

View

Reporter comment USDA

As filed

Compared to last week: Feeder steers 4.00-10.00 higher with some cattle under 500 lbs. as much as 20.00 higher. Feeder heifers 3.00-10.00 higher. Slaughter cows and bulls steady. Quality was average. Buyer participation was active. Wet weather still had receipts limited.

Weight class — the figures below change to match

Weight classPick one — the panels below update

Steers · summary 0–100 lb

Weighted average of every reported lot

0–100 lb steers averaged $162.75/cwt on 87 head.

Average price

$162.75

87 head · 483 lb average

Value per head Derived

$787

Price × average weight ÷ 100

Grade differential Derived

$174

per head · Medium and Large 1 over Medium and Large 2

$24.41/cwt at this weight

vs the market

+12.86

vs AR average

Price by quality 0–100 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1	488	165.56	808	77
Medium and Large 2	449	141.14	633	10thin

One grade step is worth $24.41/cwt here — about $174 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 sale87 hd

162.75

—

AR average9 barns · 2,757 hd

149.89

+12.86

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.

Class	Grade	Dressing	Avg wt	$/cwt	$/head	Head
Bulls	—	High	1,783	85.57	1,526	7thin
Cows	Boner 80-85%	Average	1,204	54.95	661	16
Cows	Lean 85-90%	Average	916	38.46	352	9thin

Every lot

42 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.

Class	Weight	Grade / description	Avg wt	Price	Range	Per head	Head
Feeder Cattle · Steers16 lots · lightest first
Steers	—	Medium and Large 1	332	186.97/cwt	180.00–195.00	621	5
Steers	—	Medium and Large 1	373	185.10/cwt	175.00–200.00	690	11
Steers	—	Medium and Large 2	382	150.17/cwt	145.00–155.00	574	3
Steers	—	Medium and Large 1	426	175.07/cwt	165.00–183.00	746	14
Steers	—	Medium and Large 2	433	143.51/cwt	142.00–145.00	621	2
Steers	—	Medium and Large 1Value Added	465	172.57/cwt	165.00–178.00	802	6
Steers	—	Medium and Large 2	470	136.68/cwt	135.00–140.00	642	3
Steers	—	Medium and Large 1	472	168.84/cwt	155.00–178.00	797	13
Steers	—	Medium and Large 1	518	159.36/cwt	152.00–165.00	825	5
Steers	—	Medium and Large 2	533	131.93/cwt	129.00–135.00	703	2
Steers	—	Medium and Large 1	572	148.10/cwt	140.00–155.00	847	7
Steers	—	Medium and Large 1	613	142.00/cwt	138.00–145.00	870	7
Steers	—	Medium and Large 1Value Added	627	150.99/cwt	150.00–153.00	947	3
Steers	—	Medium and Large 1	665	137.01/cwt	136.00–139.00	911	3
Steers	—	Medium and Large 1Value Added	705	137.00/cwt	137.00–137.00	966	2
Steers	—	Medium and Large 1	745	130.00/cwt	130.00–130.00	969	1
Feeder Cattle · Heifers14 lots · lightest first
Heifers	—	Medium and Large 2	325	131.92/cwt	128.00–135.00	429	4
Heifers	—	Medium and Large 1	328	151.32/cwt	147.00–157.00	496	3
Heifers	—	Medium and Large 2	355	127.50/cwt	125.00–130.00	453	2
Heifers	—	Medium and Large 1	373	144.18/cwt	142.00–145.00	538	6
Heifers	—	Medium and Large 1	423	140.84/cwt	135.00–145.00	596	10
Heifers	—	Medium and Large 1	473	137.23/cwt	130.00–143.00	649	13
Heifers	—	Medium and Large 1Value Added	474	144.55/cwt	142.00–145.00	685	7
Heifers	—	Medium and Large 2	475	120.00/cwt	120.00–120.00	570	1
Heifers	—	Medium and Large 1	523	133.83/cwt	129.00–138.00	700	6
Heifers	—	Medium and Large 1Value Added	535	142.00/cwt	142.00–142.00	760	2
Heifers	—	Medium and Large 1	568	131.72/cwt	128.00–135.00	748	4
Heifers	—	Medium and Large 1	627	127.76/cwt	124.00–134.00	801	9
Heifers	—	Medium and Large 1	674	125.49/cwt	125.00–127.00	846	4
Heifers	—	Medium and Large 1	705	121.00/cwt	121.00–121.00	853	1
Feeder Cattle · Bulls3 lots · lightest first
Bulls	—	Medium and Large 1	473	148.93/cwt	142.00–155.00	704	3
Bulls	—	Medium and Large 1	575	125.00/cwt	125.00–125.00	719	1
Bulls	—	Medium and Large 1	745	117.00/cwt	117.00–117.00	872	1
Slaughter Cattle · Bulls3 lots · lightest first
Bulls	—	—	1,518	74.49/cwt	74.00–75.00	1,131	2
Bulls	—	—	1,870	87.53/cwt	85.00–90.00	1,637	3
Bulls	—	—	1,918	93.72/cwt	93.50–94.00	1,798	2
Slaughter Cattle · Cows4 lots · lightest first
Cows	—	Lean 85-90%	735	30.02/cwt	29.00–31.00	221	2
Cows	—	Lean 85-90%	968	40.87/cwt	37.00–44.00	396	7
Cows	—	Boner 80-85%	1,017	42.24/cwt	40.00–45.00	430	3
Cows	—	Boner 80-85%	1,247	57.88/cwt	53.00–63.00	722	13
Replacement Cattle · Bred Cows2 lots · lightest first
Bred Cows	—	Medium and Large 1-2	1,123	1,092.72/cwt	1,085.00–1,100.00	12,271	2
Bred Cows	—	Medium and Large 1-2	1,165	1,075.95/cwt	1,055.00–1,100.00	12,535	2

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.

Arkansas feeder prices, every weight →Every state and region →

Hope Livestock Auction - Hope, AR

Thu Mar 4, 2021

USDA Livestock, Poultry & Grain Market News · Federal-State Market News Service, Little Rock, AR (LS-LR)

Feeder CattleReceipts 429Last week 363Year ago 493

Slaughter CattleReceipts 60Last week 81Year ago 121

Replacement CattleReceipts 10Last week 20Year ago 15

Slaughter Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Bulls$ per cwt · actual wt
2	—	1,918	93.50–94.00	93.72
2	—	1,518	74.00–75.00	74.49
3	—	1,870	85.00–90.00	87.53

Head	Wt range	Avg wt	Price range	Avg price
Cows — Boner 80-85%$ per cwt · actual wt
13	—	1,247	53.00–63.00	57.88
3	—	1,017	40.00–45.00	42.24

Head	Wt range	Avg wt	Price range	Avg price
Cows — Lean 85-90%$ per cwt · actual wt
7	—	968	37.00–44.00	40.87
2	—	735	29.00–31.00	30.02

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1$ per cwt · actual wt
7	—	613	138.00–145.00	142.00
13	—	472	155.00–178.00	168.84
3	—	665	136.00–139.00	137.01
1	—	745	130.00	130.00
7	—	572	140.00–155.00	148.10
5	—	518	152.00–165.00	159.36
11	—	373	175.00–200.00	185.10
14	—	426	165.00–183.00	175.07
5	—	332	180.00–195.00	186.97

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1 · Value Added$ per cwt · actual wt
3	—	627	150.00–153.00	150.99
2	—	705	137.00	137.00
6	—	465	165.00–178.00	172.57

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 2$ per cwt · actual wt
2	—	533	129.00–135.00	131.93
3	—	382	145.00–155.00	150.17
2	—	433	142.00–145.00	143.51
3	—	470	135.00–140.00	136.68

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1 · Value Added$ per cwt · actual wt
2	—	535	142.00	142.00
7	—	474	142.00–145.00	144.55

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1$ per cwt · actual wt
4	—	674	125.00–127.00	125.49
1	—	705	121.00	121.00
10	—	423	135.00–145.00	140.84
6	—	523	129.00–138.00	133.83
6	—	373	142.00–145.00	144.18
4	—	568	128.00–135.00	131.72
9	—	627	124.00–134.00	127.76
3	—	328	147.00–157.00	151.32
13	—	473	130.00–143.00	137.23

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 2$ per cwt · actual wt
1	—	475	120.00	120.00
2	—	355	125.00–130.00	127.50
4	—	325	128.00–135.00	131.92

Head	Wt range	Avg wt	Price range	Avg price
Bulls — Medium and Large 1$ per cwt · actual wt
1	—	575	125.00	125.00
1	—	745	117.00	117.00
3	—	473	142.00–155.00	148.93

Replacement Cattle

As reported

Age	Stage	Head	Wt range	Avg wt	Price range	Avg price
Bred Cows — Medium and Large 1-2$ per cwt · actual wt
Young (2-4 yrs)	3rd Stage (7-9 mo)	2	—	1,123	1,085.00–1,100.00	1,092.72
Middle Aged (5-8 yrs)	3rd Stage (7-9 mo)	2	—	1,165	1,055.00–1,100.00	1,075.95

Head, weight ranges, average weights and price ranges are exactly as USDA AMS filed them — nothing recomputed, nothing rounded — in USDA's own reporting structure. This is RaisedBeef's rendering of that data, not a copy of USDA's document.