Sale reports / Arkansas / Hope Livestock Auction Inc. / 2021-03-18

Hope Livestock Auction Inc.

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Hope, Arkansas · Thu, Mar 18
● Final59 lots reportedUSDA AMS · slug 2058
Feeder Cattle receipts
753 head
▼ 410 vs last sale 1,163▲ 673 vs year ago 80 · +841.3%
Slaughter Cattle receipts
39 head
▼ 84 vs last sale 123▼ 25 vs year ago 64 · −39.1%
Replacement Cattle receipts
10 head
▼ 55 vs last sale 65▲ 10 vs year ago 0 · no sale a year ago
View

Reporter comment USDA

As filed

Compared to last week: Feeder steers under 500 lbs. 3.00-10.00 higher; over 500 lbs. 2.00-5.00 lower. Feeder heifers 1.00-5.00 lower. Slaughter cows steady. Slaughter bulls steady. Quality was average. Sold two loads of preconditioned cattle on video at a premium.

Weight classPick one — the panels below update

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $146.64/cwt on 242 head.
Average price
$146.64
242 head · 582 lb average
Value per head Derived
$854
Price × average weight ÷ 100
Grade differential Derived
$284
per head · Medium and Large 1 over Medium and Large 2
$6.22/cwt at this weight
vs the market
−6.75
vs AR average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1612147.69904201
Medium and Large 2438141.4862041
One grade step is worth $6.22/cwt here — about $284 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 sale242 hd
146.64
—
AR average10 barns · 1,220 hd
153.39
−6.75
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—Average1,58772.811,1556thin
CowsBoner 80-85%Average1,32155.167295thin
CowsLean 85-90%Low91333.773088thin

Every lot

59 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 · Steers26 lots · lightest first
Steers—Medium and Large 2321150.41/cwt147.00–155.004835
Steers—Medium and Large 1322187.13/cwt175.00–200.006036
Steers—Medium and Large 1369190.12/cwt180.00–202.507027
Steers—Medium and Large 2373150.39/cwt148.00–155.005617
Steers—Medium and Large 1Value Added410192.00/cwt192.00–192.007873
Steers—Medium and Large 1422174.60/cwt162.00–190.0073716
Steers—Medium and Large 2425142.32/cwt135.00–145.0060513
Steers—Medium and Large 1Value Added463178.02/cwt175.00–181.008246
Steers—Medium and Large 1474163.29/cwt157.00–173.0077412
Steers—Medium and Large 2475137.49/cwt136.00–140.006536
Steers—Medium and Large 1529155.76/cwt151.00–160.008248
Steers—Medium and Large 2529133.10/cwt125.00–138.007048
Steers—Medium and Large 1Value Added545165.00/cwt165.00–165.008995
Steers—Medium and Large 1Value Added563165.00/cwt165.00–165.009294
Steers—Medium and Large 2565127.96/cwt126.00–130.007232
Steers—Medium and Large 1568146.69/cwt141.00–150.008337
Steers—Medium and Large 1625135.18/cwt130.00–140.0084510
Steers—Medium and Large 1Value Added632141.43/cwt140.00–145.0089412
Steers—Medium and Large 1Value Added655139.00/cwt139.00–139.009103
Steers—Medium and Large 1671131.84/cwt130.00–135.008856
Steers—Medium and Large 1Value Added702136.66/cwt129.00–137.7595982
Steers—Medium and Large 1719120.97/cwt118.00–126.008704
Steers—Medium and Large 1Value Added785125.00/cwt125.00–125.009812
Steers—Medium and Large 1834113.54/cwt108.00–119.009475
Steers—Medium and Large 1945107.00/cwt107.00–107.001,0111
Steers—Medium and Large 1955103.00/cwt100.00–106.009842
Feeder Cattle · Heifers20 lots · lightest first
Heifers—Medium and Large 1305145.33/cwt143.00–148.004433
Heifers—Medium and Large 2310130.00/cwt130.00–130.004031
Heifers—Medium and Large 2365125.00/cwt125.00–125.004561
Heifers—Medium and Large 1373141.31/cwt136.00–145.005277
Heifers—Medium and Large 1416137.73/cwt134.00–145.0057321
Heifers—Medium and Large 2440122.00/cwt122.00–122.005371
Heifers—Medium and Large 2470120.73/cwt115.00–125.005674
Heifers—Medium and Large 1Value Added475148.00/cwt148.00–148.007032
Heifers—Medium and Large 1476134.01/cwt130.00–139.006388
Heifers—Medium and Large 2520116.35/cwt115.00–117.006053
Heifers—Medium and Large 1524134.79/cwt130.00–139.007069
Heifers—Medium and Large 1Value Added542141.80/cwt140.00–142.507697
Heifers—Medium and Large 1Value Added565135.00/cwt135.00–135.007637
Heifers—Medium and Large 1570129.92/cwt121.00–134.007415
Heifers—Medium and Large 1Value Added616127.99/cwt127.50–130.0078810
Heifers—Medium and Large 1630124.01/cwt122.00–127.007813
Heifers—Medium and Large 1Value Added680126.00/cwt126.00–126.0085771
Heifers—Medium and Large 1695118.00/cwt118.00–118.008201
Heifers—Medium and Large 1715115.00/cwt115.00–115.008222
Heifers—Medium and Large 1785100.00/cwt100.00–100.007851
Feeder Cattle · Bulls5 lots · lightest first
Bulls—Medium and Large 1480146.52/cwt145.00–148.007032
Bulls—Medium and Large 1528138.50/cwt135.00–142.007314
Bulls—Medium and Large 1564132.74/cwt130.00–135.007494
Bulls—Medium and Large 1625127.00/cwt127.00–127.007941
Bulls—Medium and Large 1675122.00/cwt122.00–122.008241
Slaughter Cattle · Bulls2 lots · lightest first
Bulls——1,43862.98/cwt62.00–64.009062
Bulls——1,66177.72/cwt75.00–81.001,2914
Slaughter Cattle · Cows3 lots · lightest first
Cows—Lean 85-90%80324.50/cwt24.00–25.001972
Cows—Lean 85-90%94936.86/cwt35.00–42.003506
Cows—Boner 80-85%1,32155.16/cwt53.00–58.007295
Replacement Cattle · Bred Cows2 lots · lightest first
Bred Cows—Medium and Large 1-21,0201,075.00/cwt1,075.00–1,075.0010,9651
Bred Cows—Medium and Large 1-21,285925.00/cwt925.00–925.0011,8861
Replacement Cattle · Cow-Calf Pairs1 lot · lightest first
Cow-Calf Pairs—Medium and Large 1-21,2601,125.00/cwt1,125.00–1,125.0014,1752

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.