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
BullsAverage1,72975.191,3004thin
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 1428157.39/cwt155.00–165.006746
SteersMedium and Large 1820125.00/cwt125.00–125.001,0251
HeifersMedium and Large 2535115.65/cwt115.00–117.006193
HeifersMedium and Large 2333123.38/cwt122.00–125.004113
HeifersMedium and Large 2563115.98/cwt115.00–117.006532
HeifersMedium and Large 2460122.53/cwt120.00–125.005642
HeifersMedium and Large 2418122.60/cwt120.00–125.005122
HeifersMedium and Large 2360120.00/cwt120.00–120.004322
HeifersMedium and Large 1Replacement525167.48/cwt165.00–170.008792
HeifersMedium and Large 1524132.52/cwt128.00–137.0069420
HeifersMedium and Large 1468134.18/cwt130.00–139.0062814
HeifersMedium and Large 1570130.46/cwt125.00–135.0074412
HeifersMedium and Large 1418138.78/cwt135.00–160.005809
HeifersMedium and Large 1668123.12/cwt120.00–128.008226
HeifersMedium and Large 1363139.81/cwt135.00–142.005086
HeifersMedium and Large 1329142.00/cwt136.00–147.004676
HeifersMedium and Large 1618129.02/cwt128.00–130.007973
HeifersMedium and Large 1705119.00/cwt119.00–119.008391
BullsMedium and Large 1564126.63/cwt124.00–128.007148
BullsMedium and Large 1477135.42/cwt134.00–138.006467
BullsMedium and Large 1532130.53/cwt125.00–137.006945
BullsMedium and Large 1624123.97/cwt122.00–126.007744
BullsMedium and Large 1715115.00/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
Bulls1,84382.46/cwt82.00–83.001,5202
Bulls1,61567.92/cwt66.00–70.001,0972
Bred CowsMedium and Large 1-21,05097.90/cwt91.00–103.001,0283
Bred CowsMedium and Large 1-21,098105.55/cwt103.00–109.001,1594
Cow-Calf PairsMedium and Large 1-21,3281,019.95/cwt910.00–1,090.0013,5454
SteersMedium and Large 2425136.74/cwt130.00–142.0058111
SteersMedium and Large 2522124.60/cwt120.00–128.006505
SteersMedium and Large 2478132.51/cwt130.00–135.006334
SteersMedium and Large 2388139.96/cwt135.00–145.005433
SteersMedium and Large 2300150.00/cwt145.00–155.004503
SteersMedium and Large 1617135.18/cwt130.00–140.0083411
SteersMedium and Large 1517142.41/cwt137.00–145.007369
SteersMedium and Large 1671133.90/cwt130.00–136.008988
SteersMedium and Large 1571135.60/cwt133.00–140.007748
SteersMedium and Large 1373170.55/cwt165.00–180.006368
SteersMedium and Large 1326185.97/cwt180.00–193.006068
SteersMedium and Large 1731130.30/cwt126.00–135.009527
SteersMedium and Large 1465149.81/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.