Sale reports / Arkansas / Hope Livestock Auction Inc. / 2019-07-18

Hope Livestock Auction Inc.

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Hope, Arkansas · Thu, Jul 18
● Final45 lots reportedUSDA AMS · slug 2058
Feeder Cattle receipts
842 head
339 vs last sale 1,181 842 vs year ago 0 · no sale a year ago
Slaughter Cattle receipts
70 head
103 vs last sale 173 70 vs year ago 0 · no sale a year ago
Replacement Cattle receipts
10 head
5 vs last sale 15 10 vs year ago 0 · no sale a year ago
View

Reporter comment USDA

As filed

Compared to last week: Feeder steers 2.00-5.00 higher. Feeder heifers steady to 3.00 higher. Slaughter cows steady. Slaughter bulls 2.00 higher

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $143.53/cwt on 124 head.
Average price
$143.53
124 head · 497 lb average
Value per head Derived
$713
Price × average weight ÷ 100
Grade differential Derived
$163
per head · Medium and Large 1 over Medium and Large 2
$14.72/cwt at this weight
vs the market
2.39
vs AR average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1513147.2175593
Medium and Large 2447132.4959231
One grade step is worth $14.72/cwt here — about $163 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 sale124 hd
143.53
AR average8 barns · 1,197 hd
145.92
−2.39
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
BullsLow1,58480.011,26710
CowsBoner 80-85%High1,16552.8661615
CowsLean 85-90%Average1,04944.054624thin

Every lot, as filed

45 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
HeifersMedium and Large 1621124.75/cwt120.00–132.0077516
HeifersMedium and Large 1421135.00/cwt131.00–141.0056818
HeifersMedium and Large 2500115.00/cwt115.00–115.005751
HeifersMedium and Large 1578130.02/cwt122.00–137.0075216
BullsMedium and Large 1745111.00/cwt111.00–111.008271
BullsMedium and Large 1470136.73/cwt135.00–140.006434
BullsMedium and Large 1528130.51/cwt129.00–132.006894
BullsMedium and Large 1665119.25/cwt115.00–125.007934
BullsMedium and Large 1630125.34/cwt125.00–127.007906
BullsMedium and Large 1564124.64/cwt120.00–128.007038
HeifersMedium and Large 1313140.00/cwt140.00–140.004383
HeifersMedium and Large 1653122.49/cwt120.00–127.008004
HeifersMedium and Large 1708117.75/cwt115.00–123.008344
HeifersMedium and Large 1369138.97/cwt135.00–143.005139
HeifersMedium and Large 1466135.46/cwt130.00–144.0063114
HeifersMedium and Large 1523134.45/cwt127.00–139.0070316
HeifersMedium and Large 2370121.01/cwt120.00–122.004482
HeifersMedium and Large 2472118.66/cwt118.00–120.005603
HeifersMedium and Large 2416120.49/cwt120.00–122.005014
SteersMedium and Large 1820119.00/cwt119.00–119.009761
SteersMedium and Large 1725124.72/cwt120.00–129.009044
SteersMedium and Large 1473149.47/cwt145.00–155.007075
SteersMedium and Large 1762125.56/cwt120.00–129.009577
SteersMedium and Large 1518146.77/cwt140.00–151.007608
SteersMedium and Large 1616136.67/cwt130.00–140.008428
SteersMedium and Large 1673134.36/cwt129.00–139.009048
SteersMedium and Large 1321167.96/cwt155.00–175.0053911
SteersMedium and Large 1579143.87/cwt135.00–149.0083312
SteersMedium and Large 1369158.49/cwt155.00–165.0058514
SteersMedium and Large 1414154.05/cwt150.00–161.0063815
SteersMedium and Large 2550120.00/cwt120.00–120.006601
SteersMedium and Large 2335143.69/cwt141.00–145.004813
SteersMedium and Large 2383139.93/cwt135.00–145.005363
SteersMedium and Large 2467132.18/cwt128.00–135.006176
SteersMedium and Large 2518123.88/cwt120.00–130.006427
SteersMedium and Large 2430134.19/cwt130.00–138.0057711
Cow-Calf PairsMedium and Large 1-21,3501,025.00/cwt1,025.00–1,025.0013,8381
Bred CowsMedium and Large 1-21,30585.00/cwt85.00–85.001,1091
Bred CowsMedium and Large 1-298291.79/cwt85.00–95.009013
Bulls1,31562.43/cwt60.00–65.008212
Bulls1,65184.41/cwt82.00–86.001,3948
CowsBoner 80-85%1,24062.00/cwt62.00–62.007692
CowsBoner 80-85%1,06540.70/cwt36.00–44.004333
CowsBoner 80-85%1,18054.68/cwt50.00–59.0064510
CowsLean 85-90%1,04944.05/cwt42.00–46.004624

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.