Sale reports / Arkansas / Hope Livestock Auction Inc. / 2021-04-01

Hope Livestock Auction Inc.

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Hope, Arkansas · Thu, Apr 1
● Final55 lots reportedUSDA AMS · slug 2058
Feeder Cattle receipts
828 head
▲ 161 vs last sale 667▲ 618 vs year ago 210 · +294.3%
Slaughter Cattle receipts
133 head
▲ 65 vs last sale 68▲ 31 vs year ago 102 · +30.4%
Replacement Cattle receipts
20 head
▲ 10 vs last sale 10▲ 20 vs year ago 0 · no sale a year ago
View

Reporter comment USDA

As filed

Compared to last week: Feeder steers under 450 lbs. 4.00-9.00 lower; over 450 lbs. steady to 5.00 higher. Feeder heifers under 550 lbs. 2.00-5.00 lower; over 550 lbs. 3.00-5.00 higher. Slaughter cows 2.00-5.00 higher. Slaughter bulls 1.00-3.00 higher. Quality was average. Preconditioned cattle are receiving a premium. New crop calves are showing up and selling at a discount compared to the yearling type cattle.

Weight classPick one — the panels below update

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $156.85/cwt on 123 head.
Average price
$156.85
123 head · 480 lb average
Value per head Derived
$752
Price × average weight ÷ 100
Grade differential Derived
$228
per head · Medium and Large 1 over Medium and Large 2
$23.10/cwt at this weight
vs the market
−1.02
vs AR average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1503163.6182387
Medium and Large 2423140.5159436
One grade step is worth $23.10/cwt here — about $228 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 sale123 hd
156.85
—
AR average10 barns · 1,114 hd
157.87
−1.02
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—High1,79185.221,5269thin
CowsBoner 80-85%Low1,15758.9968331
CowsBreaker 75-80%Average1,07558.006241thin
CowsLean 85-90%Average88946.3741216

Every lot

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. Grouped by class and set lightest first; USDA files them in sale-ring order.
ClassWeightGrade / descriptionAvg wtPriceRangePer headHead
Feeder Cattle · Steers20 lots · lightest first
Steers—Medium and Large 1323188.48/cwt180.00–200.006093
Steers—Medium and Large 2326149.76/cwt142.00–158.004889
Steers—Medium and Large 1375179.32/cwt173.00–190.006728
Steers—Medium and Large 2375142.43/cwt140.00–145.005342
Steers—Medium and Large 1423170.05/cwt160.00–181.0071918
Steers—Medium and Large 2427139.94/cwt135.00–145.0059811
Steers—Medium and Large 1465164.51/cwt160.00–173.0076512
Steers—Medium and Large 2473137.22/cwt134.00–145.0064911
Steers—Medium and Large 1Value Added483184.92/cwt182.00–188.008936
Steers—Medium and Large 1Value Added515175.00/cwt175.00–175.009013
Steers—Medium and Large 1523154.62/cwt153.00–158.008098
Steers—Medium and Large 2535126.00/cwt122.00–130.006742
Steers—Medium and Large 1Value Added560163.00/cwt163.00–163.009133
Steers—Medium and Large 1563150.94/cwt145.00–157.008507
Steers—Medium and Large 2575125.00/cwt125.00–125.007191
Steers—Medium and Large 1Value Added615158.02/cwt157.00–159.009726
Steers—Medium and Large 1619146.77/cwt140.00–155.009094
Steers—Medium and Large 1Value Added663148.97/cwt146.00–152.009884
Steers—Medium and Large 1667133.30/cwt131.00–135.008893
Steers—Medium and Large 1760125.51/cwt125.00–126.009542
Feeder Cattle · Heifers16 lots · lightest first
Heifers—Medium and Large 1319153.80/cwt151.00–155.004915
Heifers—Medium and Large 2328129.54/cwt125.00–135.004254
Heifers—Medium and Large 1374142.62/cwt140.00–146.0053311
Heifers—Medium and Large 2381127.03/cwt125.00–130.004848
Heifers—Medium and Large 1426141.30/cwt137.00–145.0060212
Heifers—Medium and Large 2428122.67/cwt115.00–127.0052511
Heifers—Medium and Large 1469137.67/cwt132.00–141.0064614
Heifers—Medium and Large 2473121.71/cwt120.00–125.005763
Heifers—Medium and Large 1Value Added510141.96/cwt139.00–145.007249
Heifers—Medium and Large 1517134.11/cwt130.00–139.006939
Heifers—Medium and Large 1Fleshy540125.00/cwt125.00–125.006751
Heifers—Medium and Large 2545120.00/cwt120.00–120.006541
Heifers—Medium and Large 1573131.92/cwt125.00–136.0075612
Heifers—Medium and Large 2575112.50/cwt110.00–115.006472
Heifers—Medium and Large 1626126.01/cwt122.00–128.007897
Heifers—Medium and Large 1667123.14/cwt121.00–127.008216
Feeder Cattle · Bulls6 lots · lightest first
Bulls—Medium and Large 1468145.72/cwt140.00–150.0068211
Bulls—Medium and Large 1528139.71/cwt130.00–145.0073813
Bulls—Medium and Large 1572133.40/cwt129.00–136.007635
Bulls—Medium and Large 1610131.00/cwt131.00–131.007991
Bulls—Medium and Large 1683126.48/cwt125.00–128.008642
Bulls—Medium and Large 1775116.00/cwt116.00–116.008991
Slaughter Cattle · Bulls3 lots · lightest first
Bulls——1,35072.00/cwt72.00–72.009721
Bulls——1,75185.16/cwt82.00–88.001,4916
Bulls——2,13092.00/cwt92.00–92.001,9602
Slaughter Cattle · Cows6 lots · lightest first
Cows—Lean 85-90%78330.50/cwt30.00–31.002392
Cows—Lean 85-90%90448.64/cwt44.00–53.0044014
Cows—Boner 80-85%1,00343.87/cwt41.00–47.004404
Cows—Breaker 75-80%1,07558.00/cwt58.00–58.006241
Cows—Boner 80-85%1,16858.59/cwt55.00–62.0068420
Cows—Boner 80-85%1,21468.78/cwt66.00–71.008357
Replacement Cattle · Bred Cows2 lots · lightest first
Bred Cows—Medium and Large 1-21,100875.00/cwt875.00–875.009,6251
Bred Cows—Medium and Large 1-21,190825.00/cwt825.00–825.009,8181
Replacement Cattle · Cow-Calf Pairs2 lots · lightest first
Cow-Calf Pairs—Medium and Large 1-21,155993.69/cwt875.00–1,050.0011,4773
Cow-Calf Pairs—Medium and Large 1-21,2601,275.00/cwt1,275.00–1,275.0016,0651

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.