Sale reports / Arkansas / Hope Livestock Auction Inc. / 2019-09-12

Hope Livestock Auction Inc.

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Hope, Arkansas · Thu, Sep 12
● Final46 lots reportedUSDA AMS · slug 2058
Feeder Cattle receipts
830 head
17 vs last sale 813 830 vs year ago 0 · no sale a year ago
Slaughter Cattle receipts
204 head
62 vs last sale 142 204 vs year ago 0 · no sale a year ago
Replacement Cattle receipts
25 head
5 vs last sale 20 25 vs year ago 0 · no sale a year ago
View

Reporter comment USDA

As filed

Compared to last week: Feeder steers under 400 lbs. 9.00-12.00 lower; over 400 lbs. steady to 3.00 lower. Feeder heifers unevenly steady. Slaughter cows 3.00-5.00 lower. Slaughter bulls steady to 3.00 lower.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $133.88/cwt on 117 head.
Average price
$133.88
117 head · 448 lb average
Value per head Derived
$600
Price × average weight ÷ 100
Grade differential Derived
$124
per head · Medium and Large 1 over Medium and Large 2
$11.75/cwt at this weight
vs the market
1.61
vs AR average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1466137.6064180
Medium and Large 2411125.8551737
One grade step is worth $11.75/cwt here — about $124 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 sale117 hd
133.88
AR average7 barns · 761 hd
135.50
−1.61
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
BullsLow1,55774.261,1567thin
CowsBreaker 75-80%Average1,40546.276504thin
CowsBoner 80-85%Low1,20045.2554351
CowsLean 85-90%Average98838.5038016

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
HeifersMedium and Large 1371131.76/cwt130.00–135.004899
HeifersMedium and Large 1515122.53/cwt120.00–125.0063111
HeifersMedium and Large 1318137.22/cwt130.00–143.0043616
HeifersMedium and Large 1478123.00/cwt120.00–129.0058816
HeifersMedium and Large 2440115.00/cwt115.00–115.005061
HeifersMedium and Large 2540115.00/cwt115.00–115.006211
HeifersMedium and Large 2475110.67/cwt110.00–112.005263
HeifersMedium and Large 2365117.48/cwt115.00–120.004294
HeifersMedium and Large 2304120.66/cwt120.00–122.003676
SteersMedium and Large 1710120.00/cwt120.00–120.008521
SteersMedium and Large 1666124.49/cwt123.00–127.008294
SteersMedium and Large 1516131.28/cwt130.00–133.006777
SteersMedium and Large 1568126.00/cwt122.00–129.007168
SteersMedium and Large 1618124.89/cwt124.00–126.007729
SteersMedium and Large 1309155.16/cwt150.00–160.0047910
SteersMedium and Large 1365146.74/cwt140.00–153.0053610
SteersMedium and Large 1465136.70/cwt134.00–140.0063611
SteersMedium and Large 1416140.82/cwt135.00–145.0058620
SteersMedium and Large 2550115.00/cwt115.00–115.006331
SteersMedium and Large 2517117.60/cwt115.00–120.006083
SteersMedium and Large 2318133.15/cwt130.00–135.004236
SteersMedium and Large 2462122.85/cwt120.00–125.005688
SteersMedium and Large 2369128.90/cwt125.00–130.004769
SteersMedium and Large 2418124.67/cwt120.00–130.0052110
Cow-Calf PairsMedium and Large 1-21,275935.29/cwt920.00–950.0011,9252
Cow-Calf PairsMedium and Large 1-21,3531,113.59/cwt1,000.00–1,250.0015,0674
Cow-Calf PairsMedium and Large 1-21,2801,075.00/cwt1,075.00–1,075.0013,7601
Bred CowsMedium and Large 1-21,16055.97/cwt55.00–57.006492
Bred CowsMedium and Large 1-21,15077.00/cwt77.00–77.008861
Bulls1,42066.23/cwt64.00–68.009402
Bulls1,61277.47/cwt75.00–82.001,2495
CowsBoner 80-85%1,09436.09/cwt33.00–39.0039513
CowsBoner 80-85%1,23648.38/cwt45.00–53.0059838
CowsBreaker 75-80%1,40546.27/cwt45.00–48.006504
CowsLean 85-90%98838.50/cwt35.00–43.0038016
HeifersMedium and Large 1568118.49/cwt115.00–120.006736
HeifersMedium and Large 1623115.73/cwt115.00–118.007214
HeifersMedium and Large 1425124.72/cwt122.00–127.005304
HeifersMedium and Large 1723110.31/cwt105.00–115.007983
HeifersMedium and Large 1667114.65/cwt111.00–118.007653
BullsMedium and Large 1664111.09/cwt105.00–116.007387
BullsMedium and Large 1570119.59/cwt117.00–124.006827
BullsMedium and Large 1522119.98/cwt118.00–125.006267
BullsMedium and Large 1617115.81/cwt112.00–118.007156
BullsMedium and Large 1476128.60/cwt125.00–131.006125
BullsMedium and Large 1708105.36/cwt102.00–109.007463

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.