Sale reports / Arkansas / Hope Livestock Auction Inc. / 2019-08-08

Hope Livestock Auction Inc.

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Hope, Arkansas · Thu, Aug 8
● Final46 lots reportedUSDA AMS · slug 2058
Feeder Cattle receipts
661 head
▼ 114 vs last sale 775▲ 661 vs year ago 0 · no sale a year ago
Slaughter Cattle receipts
123 head
▲ 24 vs last sale 99▲ 123 vs year ago 0 · no sale a year ago
Replacement Cattle receipts
20 head
▲ 5 vs last sale 15▲ 20 vs year ago 0 · no sale a year ago
View

Reporter comment USDA

As filed

Compared to last week: Feeder steers were steady to 4.00 lower. Feed heifers were steady. Slaughter cows 2.00 lower. Slaughter bulls 2.00 lower.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $144.79/cwt on 99 head.
Average price
$144.79
99 head · 505 lb average
Value per head Derived
$731
Price × average weight ÷ 100
Grade differential Derived
$198
per head · Medium and Large 1 over Medium and Large 2
$12.38/cwt at this weight
vs the market
−2.72
vs AR average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1531148.0478573
Medium and Large 2433135.6658826
One grade step is worth $12.38/cwt here — about $198 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 sale99 hd
144.79
—
AR average9 barns · 1,643 hd
147.50
−2.72
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—Average1,72975.191,3004thin
CowsBreaker 75-80%Average1,38057.007871thin
CowsBoner 80-85%Average1,13454.8162225
CowsLean 85-90%Average97944.894394thin

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
SteersMedium and Large 1—428157.39/cwt155.00–165.006746
SteersMedium and Large 1—820125.00/cwt125.00–125.001,0251
HeifersMedium and Large 2—535115.65/cwt115.00–117.006193
HeifersMedium and Large 2—333123.38/cwt122.00–125.004113
HeifersMedium and Large 2—563115.98/cwt115.00–117.006532
HeifersMedium and Large 2—460122.53/cwt120.00–125.005642
HeifersMedium and Large 2—418122.60/cwt120.00–125.005122
HeifersMedium and Large 2—360120.00/cwt120.00–120.004322
HeifersMedium and Large 1Replacement—525167.48/cwt165.00–170.008792
HeifersMedium and Large 1—524132.52/cwt128.00–137.0069420
HeifersMedium and Large 1—468134.18/cwt130.00–139.0062814
HeifersMedium and Large 1—570130.46/cwt125.00–135.0074412
HeifersMedium and Large 1—418138.78/cwt135.00–160.005809
HeifersMedium and Large 1—668123.12/cwt120.00–128.008226
HeifersMedium and Large 1—363139.81/cwt135.00–142.005086
HeifersMedium and Large 1—329142.00/cwt136.00–147.004676
HeifersMedium and Large 1—618129.02/cwt128.00–130.007973
HeifersMedium and Large 1—705119.00/cwt119.00–119.008391
BullsMedium and Large 1—564126.63/cwt124.00–128.007148
BullsMedium and Large 1—477135.42/cwt134.00–138.006467
BullsMedium and Large 1—532130.53/cwt125.00–137.006945
BullsMedium and Large 1—624123.97/cwt122.00–126.007744
BullsMedium and Large 1—715115.00/cwt115.00–115.008221
CowsLean 85-90%—97944.89/cwt40.00–49.004394
CowsBreaker 75-80%—1,38057.00/cwt57.00–57.007871
CowsBoner 80-85%—1,15356.52/cwt53.00–61.0065218
CowsBoner 80-85%—1,06545.18/cwt42.00–48.004815
CowsBoner 80-85%—1,13563.51/cwt63.00–64.007212
Bulls——1,84382.46/cwt82.00–83.001,5202
Bulls——1,61567.92/cwt66.00–70.001,0972
Bred CowsMedium and Large 1-2—1,05097.90/cwt91.00–103.001,0283
Bred CowsMedium and Large 1-2—1,098105.55/cwt103.00–109.001,1594
Cow-Calf PairsMedium and Large 1-2—1,3281,019.95/cwt910.00–1,090.0013,5454
SteersMedium and Large 2—425136.74/cwt130.00–142.0058111
SteersMedium and Large 2—522124.60/cwt120.00–128.006505
SteersMedium and Large 2—478132.51/cwt130.00–135.006334
SteersMedium and Large 2—388139.96/cwt135.00–145.005433
SteersMedium and Large 2—300150.00/cwt145.00–155.004503
SteersMedium and Large 1—617135.18/cwt130.00–140.0083411
SteersMedium and Large 1—517142.41/cwt137.00–145.007369
SteersMedium and Large 1—671133.90/cwt130.00–136.008988
SteersMedium and Large 1—571135.60/cwt133.00–140.007748
SteersMedium and Large 1—373170.55/cwt165.00–180.006368
SteersMedium and Large 1—326185.97/cwt180.00–193.006068
SteersMedium and Large 1—731130.30/cwt126.00–135.009527
SteersMedium and Large 1—465149.81/cwt145.00–160.006977

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.