Sale reports / Arkansas / Hope Livestock Auction Inc. / 2019-08-29

Hope Livestock Auction Inc.

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Hope, Arkansas · Thu, Aug 29
● Final50 lots reportedUSDA AMS · slug 2058
Feeder Cattle receipts
1,101 head
▲ 572 vs last sale 529▲ 1,101 vs year ago 0 · no sale a year ago
Slaughter Cattle receipts
127 head
▼ 9 vs last sale 136▲ 127 vs year ago 0 · no sale a year ago
Replacement Cattle receipts
25 head
▲ 0 vs last sale 25▲ 25 vs year ago 0 · no sale a year ago
View

Reporter comment USDA

As filed

Compared to last week: Feeder steers under 600 lbs. 2.00-8.00 lower; over 600 lbs. steady to 2.00 higher. Feeder heifers 2.00-6.00 lower. Slaughter cows 1.00-2.00 lower. Slaughter bulls steady to 2.00 higher.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $142.30/cwt on 165 head.
Average price
$142.30
165 head · 498 lb average
Value per head Derived
$709
Price × average weight ÷ 100
Grade differential Derived
$170
per head · Medium and Large 1 over Medium and Large 2
$9.38/cwt at this weight
vs the market
−0.08
vs AR average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1524145.02760117
Medium and Large 2435135.6559148
One grade step is worth $9.38/cwt here — about $170 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 sale165 hd
142.30
—
AR average9 barns · 846 hd
142.37
−0.08
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—Average1,71177.321,3238thin
CowsBreaker 75-80%Average1,29055.007101thin
CowsBoner 80-85%Average1,18754.5964825
CowsLean 85-90%Average90141.3337213

Every lot, as filed

50 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—713131.21/cwt127.00–134.009364
SteersMedium and Large 1—835121.00/cwt121.00–121.001,0101
SteersMedium and Large 1—755132.00/cwt132.00–132.009971
HeifersMedium and Large 2—468118.78/cwt115.00–120.005569
HeifersMedium and Large 2—415118.61/cwt115.00–120.004926
HeifersMedium and Large 2—368120.66/cwt120.00–122.004443
HeifersMedium and Large 2—510115.00/cwt115.00–115.005872
HeifersMedium and Large 2—335120.50/cwt120.00–121.004042
HeifersMedium and Large 2—565110.00/cwt110.00–110.006221
HeifersMedium and Large 1—524126.91/cwt123.00–133.0066521
HeifersMedium and Large 1—573125.57/cwt121.00–135.0072018
HeifersMedium and Large 1—468131.81/cwt130.00–135.0061710
HeifersMedium and Large 1—416133.87/cwt130.00–140.0055710
HeifersMedium and Large 1—621123.34/cwt120.00–126.007668
HeifersMedium and Large 1—665121.29/cwt120.00–122.008077
HeifersMedium and Large 1—312139.58/cwt135.00–142.004357
HeifersMedium and Large 1—710119.82/cwt115.00–124.008515
HeifersMedium and Large 1—364139.20/cwt135.00–143.005075
HeifersMedium and Large 1—755105.00/cwt105.00–105.007931
BullsMedium and Large 1—567122.79/cwt118.00–127.0069616
BullsMedium and Large 1—520126.54/cwt125.00–129.0065811
BullsMedium and Large 1—473133.99/cwt130.00–145.006349
BullsMedium and Large 1—609121.73/cwt118.00–124.007417
BullsMedium and Large 1—668118.98/cwt115.00–122.007954
BullsMedium and Large 1—718109.97/cwt107.00–113.007902
CowsLean 85-90%Light Weight—79333.24/cwt31.00–35.002644
CowsLean 85-90%—94944.92/cwt41.00–48.004269
CowsBreaker 75-80%—1,29055.00/cwt55.00–55.007101
CowsBoner 80-85%—1,19955.55/cwt51.00–60.0066623
CowsBoner 80-85%—1,05043.60/cwt40.00–47.004582
Bulls——1,75480.89/cwt79.00–82.001,4196
Bulls——1,58066.62/cwt65.00–68.001,0532
Bred CowsMedium and Large 1-2—1,118114.06/cwt113.00–115.001,2752
Bred CowsMedium and Large 1-2—1,09080.98/cwt80.00–82.008832
Bred CowsMedium and Large 1-2—1,05070.00/cwt70.00–70.007351
Bred CowsMedium and Large 1-2—1,02576.85/cwt75.00–79.007882
Cow-Calf PairsMedium and Large 1-2—1,2151,064.07/cwt940.00–1,150.0012,9283
SteersMedium and Large 2—420138.43/cwt135.00–143.0058117
SteersMedium and Large 2—514123.88/cwt120.00–127.0063711
SteersMedium and Large 2—382142.93/cwt141.00–147.005469
SteersMedium and Large 2—464133.35/cwt130.00–138.006198
SteersMedium and Large 2—318147.27/cwt145.00–150.004683
SteersMedium and Large 1—618133.10/cwt130.00–140.0082322
SteersMedium and Large 1—418158.68/cwt150.00–167.0066316
SteersMedium and Large 1—514139.79/cwt135.00–145.0071915
SteersMedium and Large 1—572132.72/cwt130.00–137.0075914
SteersMedium and Large 1—467148.02/cwt142.00–155.0069114
SteersMedium and Large 1—668133.48/cwt128.00–137.0089212
SteersMedium and Large 1—361168.38/cwt160.00–180.0060812
SteersMedium and Large 1—332178.90/cwt170.00–185.005946

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.