Sale reports / Arkansas / Hope Livestock Auction Inc. / 2021-10-28

Hope Livestock Auction Inc.

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Hope, Arkansas · Thu, Oct 28
● Final60 lots reportedUSDA AMS · slug 2058
Feeder Cattle receipts
853 head
▼ 302 vs last sale 1,155▲ 255 vs year ago 598 · +42.6%
Slaughter Cattle receipts
245 head
▲ 15 vs last sale 230▲ 128 vs year ago 117 · +109.4%
Replacement Cattle receipts
35 head
▲ 0 vs last sale 35▲ 10 vs year ago 25 · +40.0%
View

Reporter comment USDA

As filed

Compared to two weeks ago: Feeder steers under 600 lbs. 4.00-7.00 higher; over 600 lbs. 4.00-5.00 lower. Feeder heifers unevenly steady. Slaughter cows steady to 3.00 higher. Slaughter bulls 1.00-2.00 higher. Quality was average to attractive. Buyer activity was good. Lighter and yearling type cattle were in good demand.

Weight classPick one — the panels below update

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $151.26/cwt on 133 head.
Average price
$151.26
133 head · 477 lb average
Value per head Derived
$721
Price × average weight ÷ 100
Grade differential Derived
$197
per head · Medium and Large 1 over Medium and Large 2
$16.97/cwt at this weight
vs the market
−3.71
vs AR average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1489153.82752113
Medium and Large 2406136.8455620
One grade step is worth $16.97/cwt here — about $197 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 sale133 hd
151.26
—
AR average7 barns · 901 hd
154.98
−3.71
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—Low1,55078.951,2239thin
CowsBreaker 75-80%Average1,61058.169362thin
CowsBoner 80-85%Low1,17050.3658941
CowsLean 85-90%Low93529.7927816

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 · Steers20 lots · lightest first
Steers—Medium and Large 1325166.19/cwt155.00–175.0054011
Steers—Medium and Large 2325143.98/cwt142.00–145.004683
Steers—Medium and Large 2366141.88/cwt138.00–144.005198
Steers—Medium and Large 1379163.14/cwt155.00–171.0061812
Steers—Medium and Large 2423135.00/cwt135.00–135.005713
Steers—Medium and Large 1424159.44/cwt150.00–175.0067621
Steers—Medium and Large 1Value Added433170.98/cwt167.00–175.007404
Steers—Medium and Large 1Value Added455164.00/cwt163.00–165.007464
Steers—Medium and Large 1469155.49/cwt145.00–166.0072911
Steers—Medium and Large 2470129.22/cwt127.00–130.006074
Steers—Medium and Large 1Value Added519165.14/cwt163.00–170.008575
Steers—Medium and Large 1519151.28/cwt143.00–163.0078518
Steers—Medium and Large 2535124.01/cwt123.00–125.006632
Steers—Medium and Large 1Value Added575146.00/cwt146.00–146.008402
Steers—Medium and Large 1575143.89/cwt135.00–153.008279
Steers—Medium and Large 1622132.56/cwt130.00–139.008257
Steers—Medium and Large 1655130.00/cwt130.00–130.008521
Steers—Medium and Large 1700129.00/cwt128.00–130.009032
Steers—Medium and Large 1783125.50/cwt125.00–126.009832
Steers—Medium and Large 1823123.53/cwt120.00–129.001,0174
Feeder Cattle · Heifers16 lots · lightest first
Heifers—Medium and Large 2313125.00/cwt125.00–125.003912
Heifers—Medium and Large 1315141.17/cwt136.00–143.004454
Heifers—Medium and Large 2361121.71/cwt120.00–125.004394
Heifers—Medium and Large 1374137.85/cwt134.00–147.0051611
Heifers—Medium and Large 1413133.54/cwt130.00–138.0055213
Heifers—Medium and Large 1Replacement415900.00/cwt900.00–900.003,7351
Heifers—Medium and Large 2428117.14/cwt115.00–120.005016
Heifers—Medium and Large 2466117.54/cwt115.00–122.005484
Heifers—Medium and Large 1475130.92/cwt125.00–133.0062212
Heifers—Medium and Large 1Replacement518154.03/cwt153.00–155.007982
Heifers—Medium and Large 1523128.80/cwt125.00–133.006749
Heifers—Medium and Large 2533113.48/cwt112.00–115.006052
Heifers—Medium and Large 2565115.00/cwt115.00–115.006501
Heifers—Medium and Large 1575126.67/cwt120.00–135.007289
Heifers—Medium and Large 1619122.69/cwt118.00–129.007596
Heifers—Medium and Large 1758112.52/cwt110.00–115.008532
Feeder Cattle · Bulls6 lots · lightest first
Bulls—Medium and Large 1482137.67/cwt130.00–145.006647
Bulls—Medium and Large 1523134.00/cwt130.00–139.0070110
Bulls—Medium and Large 1595125.00/cwt125.00–125.007441
Bulls—Medium and Large 1625123.25/cwt120.00–125.007704
Bulls—Medium and Large 1719106.72/cwt100.00–112.007674
Bulls—Medium and Large 1755102.52/cwt100.00–105.007742
Slaughter Cattle · Bulls3 lots · lightest first
Bulls——1,29768.80/cwt65.00–74.008923
Bulls——1,60982.23/cwt80.00–84.001,3235
Bulls——2,01093.00/cwt93.00–93.001,8691
Slaughter Cattle · Cows6 lots · lightest first
Cows—Lean 85-90%85321.61/cwt19.00–25.001847
Cows—Boner 80-85%99232.89/cwt30.00–37.003265
Cows—Lean 85-90%99836.16/cwt31.00–40.003619
Cows—Boner 80-85%1,13949.22/cwt42.00–55.0056126
Cows—Boner 80-85%1,34062.07/cwt60.00–65.0083210
Cows—Breaker 75-80%1,61058.16/cwt57.00–59.009362
Replacement Cattle · Bred Cows5 lots · lightest first
Bred Cows—Medium and Large 1-2988900.00/cwt900.00–900.008,8922
Bred Cows—Medium and Large 1-21,010900.00/cwt900.00–900.009,0901
Bred Cows—Medium and Large 1-21,050948.62/cwt875.00–1,075.009,9615
Bred Cows—Medium and Large 1-21,0721,075.35/cwt950.00–1,300.0011,5283
Bred Cows—Medium and Large 1-21,173769.03/cwt725.00–800.009,0214
Replacement Cattle · Cow-Calf Pairs4 lots · lightest first
Cow-Calf Pairs—Medium and Large 1-21,0441,352.40/cwt1,300.00–1,400.0014,1194
Cow-Calf Pairs—Medium and Large 1-21,199938.36/cwt825.00–1,125.0011,2518
Cow-Calf Pairs—Medium and Large 1-21,2611,362.48/cwt1,250.00–1,475.0017,18113
Cow-Calf Pairs—Medium and Large 1-21,3201,404.26/cwt1,325.00–1,475.0018,5362

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.