Sale reports / Arkansas / Hope Livestock Auction Inc. / 2021-04-08

Hope Livestock Auction Inc.

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Hope, Arkansas · Thu, Apr 8
● Final63 lots reportedUSDA AMS · slug 2058
Feeder Cattle receipts
764 head
▼ 64 vs last sale 828▲ 764 vs year ago 0 · no sale a year ago
Slaughter Cattle receipts
198 head
▲ 65 vs last sale 133▲ 198 vs year ago 0 · no sale a year ago
Replacement Cattle receipts
110 head
▲ 90 vs last sale 20▲ 110 vs year ago 0 · no sale a year ago
View

Reporter comment USDA

As filed

Compared to last week: Feeder steers 4.00-10.00 higher. Feeder heifers under 500 lbs. 7.00-15.00 higher; over 500 lbs. 5.00-7.00 higher. Slaughter cows 3.00-4.00 higher. Slaughter bulls 3.00-6.00 higher. Quality was average. Market was higher on all classes of cattle. Futures trade has been higher last two weeks. This has helped raise the cash market. Buyer activity was strong.

Weight classPick one — the panels below update

Heifers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb heifers averaged $143.20/cwt on 191 head.
Average price
$143.20
191 head · 538 lb average
Value per head Derived
$770
Price × average weight ÷ 100
Grade differential Derived
$245
per head · Medium and Large 1 over Medium and Large 2
$13.91/cwt at this weight
vs the market
−0.20
vs AR average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1549144.44793174
Medium and Large 2420130.5354817thin
One grade step is worth $13.91/cwt here — about $245 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 sale191 hd
143.20
—
AR average10 barns · 1,816 hd
143.40
−0.20
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—High1,75290.621,5877thin
CowsBreaker 75-80%Average1,55061.009461thin
CowsBoner 80-85%Low1,15460.3969738
CowsLean 85-90%Low93848.1945211

Every lot

63 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 · Steers19 lots · lightest first
Steers—Medium and Large 1320196.93/cwt190.00–205.006308
Steers—Medium and Large 2325153.91/cwt150.00–160.005006
Steers—Medium and Large 2373151.44/cwt145.00–160.005656
Steers—Medium and Large 1377189.64/cwt180.00–202.0071514
Steers—Medium and Large 1Value Added420190.00/cwt190.00–190.007982
Steers—Medium and Large 1426177.34/cwt172.00–183.0075512
Steers—Medium and Large 2431144.03/cwt140.00–150.006218
Steers—Medium and Large 2465140.00/cwt140.00–140.006511
Steers—Medium and Large 1472173.06/cwt165.00–178.0081715
Steers—Medium and Large 2516132.69/cwt130.00–141.006854
Steers—Medium and Large 1524168.04/cwt157.00–175.008819
Steers—Medium and Large 1Value Added550168.60/cwt168.00–169.009275
Steers—Medium and Large 1573155.00/cwt155.00–155.008883
Steers—Medium and Large 1618144.04/cwt141.00–147.008902
Steers—Medium and Large 1Value Added629155.56/cwt155.00–157.009787
Steers—Medium and Large 1669142.67/cwt137.00–145.009546
Steers—Medium and Large 1Value Added730142.00/cwt142.00–142.001,0372
Steers—Medium and Large 1730135.97/cwt134.00–138.009932
Steers—Medium and Large 1780129.00/cwt129.00–129.001,0061
Feeder Cattle · Heifers18 lots · lightest first
Heifers—Medium and Large 1323161.11/cwt157.00–166.005208
Heifers—Medium and Large 2325130.00/cwt130.00–130.004231
Heifers—Medium and Large 2368133.14/cwt130.00–135.004906
Heifers—Medium and Large 1380157.13/cwt150.00–163.005979
Heifers—Medium and Large 2422131.43/cwt130.00–135.005555
Heifers—Medium and Large 1432155.33/cwt150.00–162.0067116
Heifers—Medium and Large 1Value Added465155.00/cwt155.00–155.007213
Heifers—Medium and Large 2470128.99/cwt128.00–130.006062
Heifers—Medium and Large 1472148.78/cwt140.00–155.0070215
Heifers—Medium and Large 2520125.00/cwt125.00–125.006503
Heifers—Medium and Large 1521141.33/cwt135.00–144.0073611
Heifers—Medium and Large 1572137.87/cwt134.00–142.0078915
Heifers—Medium and Large 1Value Added575145.00/cwt145.00–145.008342
Heifers—Medium and Large 1Value Added610142.53/cwt137.00–142.6086981
Heifers—Medium and Large 1625132.71/cwt129.00–135.0082910
Heifers—Medium and Large 1685118.00/cwt118.00–118.008081
Heifers—Medium and Large 1780112.00/cwt112.00–112.008742
Heifers—Medium and Large 1815121.00/cwt121.00–121.009861
Feeder Cattle · Bulls4 lots · lightest first
Bulls—Medium and Large 1475154.62/cwt150.00–157.007343
Bulls—Medium and Large 1525141.00/cwt141.00–141.007401
Bulls—Medium and Large 1578140.33/cwt139.00–142.008116
Bulls—Medium and Large 1637133.36/cwt130.00–137.008503
Slaughter Cattle · Bulls3 lots · lightest first
Bulls——1,27275.00/cwt75.00–75.009541
Bulls——1,62088.47/cwt84.00–91.001,4333
Bulls——2,04397.98/cwt95.00–102.002,0023
Slaughter Cattle · Cows6 lots · lightest first
Cows—Lean 85-90%80834.04/cwt33.00–35.002752
Cows—Lean 85-90%96751.33/cwt47.00–54.004969
Cows—Boner 80-85%1,04548.30/cwt45.00–52.005057
Cows—Boner 80-85%1,16462.19/cwt58.00–66.0072428
Cows—Boner 80-85%1,32071.77/cwt70.00–73.009473
Cows—Breaker 75-80%1,55061.00/cwt61.00–61.009461
Replacement Cattle · Cow-Calf Pairs4 lots · lightest first
Cow-Calf Pairs—Medium and Large 1-21,0401,200.00/cwt1,200.00–1,200.0012,4802
Cow-Calf Pairs—Medium and Large 1-21,2351,000.00/cwt1,000.00–1,000.0012,3501
Cow-Calf Pairs—Medium and Large 1-21,2571,326.42/cwt1,225.00–1,450.0016,67330
Cow-Calf Pairs—Medium and Large 1-21,2751,050.00/cwt1,050.00–1,050.0013,3881
Replacement Cattle · Bred Cows8 lots · lightest first
Bred Cows—Medium and Large 1-2920900.00/cwt900.00–900.008,2801
Bred Cows—Medium and Large 1-2925950.00/cwt950.00–950.008,7881
Bred Cows—Medium and Large 1-21,040850.00/cwt850.00–850.008,8401
Bred Cows—Medium and Large 1-21,048794.79/cwt700.00–875.008,3296
Bred Cows—Medium and Large 1-21,117886.88/cwt800.00–950.009,90612
Bred Cows—Medium and Large 1-21,125832.22/cwt775.00–950.009,3624
Bred Cows—Medium and Large 1-21,1401,125.00/cwt1,125.00–1,125.0012,8252
Bred Cows—Medium and Large 1-21,1871,092.99/cwt875.00–1,200.0012,97415
Replacement Cattle · Bred Heifers1 lot · lightest first
Bred Heifers—Medium and Large 1-29881,123.92/cwt1,100.00–1,145.0011,1044

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.