Sale reports / Arkansas / Hope Livestock Auction Inc. / 2019-06-20

Hope Livestock Auction Inc.

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Hope, Arkansas · Thu, Jun 20
● Final46 lots reportedUSDA AMS · slug 2058
Feeder Cattle receipts
646 head
38 vs last sale 684 646 vs year ago 0 · no sale a year ago
Slaughter Cattle receipts
203 head
29 vs last sale 174 203 vs year ago 0 · no sale a year ago
Replacement Cattle receipts
20 head
0 vs last sale 20 20 vs year ago 0 · no sale a year ago
View

Reporter comment USDA

As filed

Compared to last week: Feeder steers under 400 lbs. 5.00-7.00 lower; over 400 lbs. 2.00-5.00 lower. Feeder heifers were unevenly steady. Slaughter cows were steady. Slaughter bulls steady.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $139.22/cwt on 112 head.
Average price
$139.22
112 head · 490 lb average
Value per head Derived
$682
Price × average weight ÷ 100
Grade differential Derived
$158
per head · Medium and Large 1 over Medium and Large 2
$9.94/cwt at this weight
vs the market
3.66
vs AR average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1510141.7072384
Medium and Large 2429131.7656528
One grade step is worth $9.94/cwt here — about $158 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 sale112 hd
139.22
AR average8 barns · 1,713 hd
142.87
−3.66
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
BullsLow1,63379.531,29912
CowsBoner 80-85%High1,14453.4861262
CowsBreaker 75-80%Average1,45552.997716thin
CowsLean 85-90%Average93044.4741424

Every lot, as filed

46 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.
ClassGrade / descriptionWeightAvg wtPriceRangePer headHead
Bred CowsMedium and Large 1-21,05087.00/cwt87.00–87.009141
Bulls1,33471.46/cwt68.00–74.009534
Bulls1,78383.57/cwt80.00–88.001,4908
CowsBoner 80-85%1,22562.31/cwt62.00–63.007633
CowsBoner 80-85%1,01042.34/cwt36.00–45.0042810
CowsBoner 80-85%1,16655.21/cwt50.00–60.0064449
CowsBreaker 75-80%1,45552.99/cwt50.00–55.007716
CowsLean 85-90%97346.48/cwt41.00–50.0045219
CowsLean 85-90%Light Weight76636.85/cwt33.00–41.002825
Bred CowsMedium and Large 1-21,15565.00/cwt65.00–65.007511
Cow-Calf PairsMedium and Large 1-21,3891,022.66/cwt950.00–1,150.0014,2054
Cow-Calf PairsMedium and Large 1-21,2351,026.72/cwt1,000.00–1,050.0012,6802
SteersMedium and Large 2418134.23/cwt130.00–140.005617
SteersMedium and Large 2371137.29/cwt130.00–141.005097
SteersMedium and Large 2474128.57/cwt125.00–130.006095
SteersMedium and Large 2520122.43/cwt120.00–125.006374
SteersMedium and Large 2300138.67/cwt135.00–141.004163
SteersMedium and Large 2568120.00/cwt120.00–120.006822
SteersMedium and Large 1519140.75/cwt135.00–145.0073020
SteersMedium and Large 1417152.05/cwt150.00–155.0063413
SteersMedium and Large 1472146.94/cwt141.00–153.0069412
SteersMedium and Large 1575133.90/cwt130.00–141.0077011
SteersMedium and Large 1622130.33/cwt128.00–133.008119
SteersMedium and Large 1373153.13/cwt150.00–155.005718
SteersMedium and Large 1673128.19/cwt127.00–130.008635
SteersMedium and Large 1725123.70/cwt120.00–126.008973
SteersMedium and Large 1315155.00/cwt155.00–155.004883
HeifersMedium and Large 2515112.45/cwt110.00–115.005792
HeifersMedium and Large 2463120.00/cwt120.00–120.005562
HeifersMedium and Large 2423120.00/cwt120.00–120.005082
HeifersMedium and Large 2555111.00/cwt111.00–111.006161
HeifersMedium and Large 2340120.00/cwt120.00–120.004081
HeifersMedium and Large 1524127.65/cwt125.00–131.0066926
HeifersMedium and Large 1572122.58/cwt120.00–129.0070117
HeifersMedium and Large 1615120.77/cwt118.00–124.0074313
HeifersMedium and Large 1475131.56/cwt128.00–137.0062513
HeifersMedium and Large 1424133.47/cwt130.00–137.0056613
HeifersMedium and Large 1717109.75/cwt105.00–113.007875
HeifersMedium and Large 1379137.07/cwt135.00–141.005194
HeifersMedium and Large 1683118.67/cwt118.00–120.008113
HeifersMedium and Large 1320142.00/cwt142.00–142.004541
BullsMedium and Large 1539129.28/cwt127.00–135.006977
BullsMedium and Large 1478137.02/cwt135.00–141.006554
BullsMedium and Large 1722105.67/cwt105.00–107.007633
BullsMedium and Large 1617119.00/cwt117.00–120.007343
BullsMedium and Large 1560122.04/cwt120.00–124.006832

How this sale compares

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.