Sale reports / Arkansas / Hope Livestock Auction Inc. / 2021-04-22

Hope Livestock Auction Inc.

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Hope, Arkansas · Thu, Apr 22
● Final60 lots reportedUSDA AMS · slug 2058
Feeder Cattle receipts
984 head
▲ 302 vs last sale 682▲ 693 vs year ago 291 · +238.1%
Slaughter Cattle receipts
139 head
▼ 8 vs last sale 147▲ 59 vs year ago 80 · +73.8%
Replacement Cattle receipts
25 head
▼ 4 vs last sale 29▲ 25 vs year ago 0 · no sale a year ago
View

Reporter comment USDA

As filed

Compared to last week: Feeder steers 8.00-17.00 lower. Feeder heifers 6.00-15.00 lower. Slaughter cows steady to 2.00 higher. Slaughter bulls steady. Quality was plain to average. More new crop calves coming to town. Grain prices continue to climb putting more pressure on cattle futures. Futures contracts have lost considerable amounts over last two weeks; which is causing the cash market to weaken.

Weight classPick one — the panels below update

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $145.96/cwt on 167 head.
Average price
$145.96
167 head · 515 lb average
Value per head Derived
$751
Price × average weight ÷ 100
Grade differential Derived
$180
per head · Medium and Large 1 over Medium and Large 2
$13.48/cwt at this weight
vs the market
−7.43
vs AR average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1524147.49773148
Medium and Large 2443134.0159319thin
One grade step is worth $13.48/cwt here — about $180 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 sale167 hd
145.96
—
AR average10 barns · 1,188 hd
153.39
−7.43
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—High1,73985.151,48114
CowsBreaker 75-80%Average1,48558.008611thin
CowsBoner 80-85%Average1,15255.1763534
CowsLean 85-90%Average97349.2247917

Every lot

60 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 · Steers23 lots · lightest first
Steers—Medium and Large 1314179.48/cwt175.00–185.0056410
Steers—Medium and Large 2335135.00/cwt135.00–135.004521
Steers—Medium and Large 1Value Added350180.00/cwt180.00–180.006303
Steers—Medium and Large 1373171.49/cwt165.00–177.006408
Steers—Medium and Large 2373143.39/cwt140.00–145.005353
Steers—Medium and Large 1419157.12/cwt155.00–160.0065810
Steers—Medium and Large 2431135.51/cwt130.00–140.005848
Steers—Medium and Large 2465131.61/cwt130.00–135.006123
Steers—Medium and Large 1467154.15/cwt145.00–160.0072016
Steers—Medium and Large 1Value Added470165.00/cwt165.00–165.007763
Steers—Medium and Large 1511148.20/cwt142.00–154.007578
Steers—Medium and Large 2528125.54/cwt123.00–129.006634
Steers—Medium and Large 1Fleshy533132.46/cwt127.00–135.0070625
Steers—Medium and Large 1565143.02/cwt139.00–146.008085
Steers—Medium and Large 1Fleshy565130.00/cwt130.00–130.007357
Steers—Medium and Large 1Value Added566147.71/cwt147.00–153.0083625
Steers—Medium and Large 1603133.58/cwt130.00–139.008055
Steers—Medium and Large 1658133.00/cwt133.00–133.008752
Steers—Medium and Large 1Value Added665138.00/cwt138.00–138.0091813
Steers—Medium and Large 1Value Added720139.00/cwt139.00–139.001,0013
Steers—Medium and Large 1722126.97/cwt125.00–131.009173
Steers—Medium and Large 1785133.00/cwt133.00–133.001,0441
Steers—Medium and Large 1855116.00/cwt116.00–116.009921
Feeder Cattle · Heifers18 lots · lightest first
Heifers—Medium and Large 1319151.06/cwt145.00–155.0048210
Heifers—Medium and Large 2330126.76/cwt122.00–130.004184
Heifers—Medium and Large 1369145.27/cwt139.00–149.005368
Heifers—Medium and Large 2375121.67/cwt120.00–125.004563
Heifers—Medium and Large 1417134.75/cwt130.00–147.005629
Heifers—Medium and Large 2426119.82/cwt115.00–125.005105
Heifers—Medium and Large 2467117.97/cwt115.00–120.005513
Heifers—Medium and Large 1469129.69/cwt125.00–138.0060819
Heifers—Medium and Large 1Replacement480155.00/cwt155.00–155.007441
Heifers—Medium and Large 1Fleshy500120.00/cwt120.00–120.006001
Heifers—Medium and Large 2524114.60/cwt110.00–118.006015
Heifers—Medium and Large 1530126.83/cwt120.00–131.0067234
Heifers—Medium and Large 1Value Added541128.36/cwt127.75–132.0069420
Heifers—Medium and Large 2555115.00/cwt115.00–115.006382
Heifers—Medium and Large 1Value Added560130.00/cwt130.00–130.007282
Heifers—Medium and Large 1562125.76/cwt123.00–130.007078
Heifers—Medium and Large 1624120.73/cwt118.00–123.007534
Heifers—Medium and Large 1Value Added635121.50/cwt121.50–121.5077214
Feeder Cattle · Bulls6 lots · lightest first
Bulls—Medium and Large 1479137.62/cwt135.00–140.006598
Bulls—Medium and Large 1524126.59/cwt125.00–130.006635
Bulls—Medium and Large 1573127.63/cwt126.00–129.007313
Bulls—Medium and Large 1623123.70/cwt114.00–128.007716
Bulls—Medium and Large 1695115.00/cwt115.00–115.007991
Bulls—Medium and Large 1738114.45/cwt110.00–119.008452
Slaughter Cattle · Bulls3 lots · lightest first
Bulls——1,38568.68/cwt65.00–74.009513
Bulls——1,75187.61/cwt84.00–92.001,5348
Bulls——2,06095.05/cwt94.00–96.001,9583
Slaughter Cattle · Cows5 lots · lightest first
Cows—Lean 85-90%97349.22/cwt45.00–53.0047917
Cows—Boner 80-85%1,05544.02/cwt40.00–46.004649
Cows—Boner 80-85%1,18658.94/cwt54.00–63.0069924
Cows—Boner 80-85%1,20065.00/cwt65.00–65.007801
Cows—Breaker 75-80%1,48558.00/cwt58.00–58.008611
Replacement Cattle · Bred Cows3 lots · lightest first
Bred Cows—Medium and Large 1-21,1551,300.00/cwt1,300.00–1,300.0015,0151
Bred Cows—Medium and Large 1-21,205785.61/cwt750.00–825.009,4675
Bred Cows—Medium and Large 1-21,2081,008.90/cwt900.00–1,100.0012,1882
Replacement Cattle · Cow-Calf Pairs2 lots · lightest first
Cow-Calf Pairs—Medium and Large 1-21,305887.31/cwt875.00–900.0011,5792
Cow-Calf Pairs—Medium and Large 1-21,3901,075.00/cwt1,075.00–1,075.0014,9431

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.