Sale reports / Arkansas / Hope Livestock Auction Inc. / 2019-09-26

Hope Livestock Auction Inc.

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Hope, Arkansas · Thu, Sep 26
● Final49 lots reportedUSDA AMS · slug 2058
Feeder Cattle receipts
1,478 head
▲ 436 vs last sale 1,042▲ 1,478 vs year ago 0 · no sale a year ago
Slaughter Cattle receipts
241 head
▲ 5 vs last sale 236▲ 241 vs year ago 0 · no sale a year ago
Replacement Cattle receipts
30 head
▲ 10 vs last sale 20▲ 30 vs year ago 0 · no sale a year ago
View

Reporter comment USDA

As filed

Compared to last week: Feeder steers under 500 lbs. 2.00-5.00 lower; over 500 lbs. 3.00-6.00 higher. Feeder heifers 2.00-4.00 higher. Slaughter cows 1.00-3.00 higher. Slaughter bulls steady.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $136.90/cwt on 235 head.
Average price
$136.90
235 head · 494 lb average
Value per head Derived
$677
Price × average weight ÷ 100
Grade differential Derived
$163
per head · Medium and Large 1 over Medium and Large 2
$12.83/cwt at this weight
vs the market
−5.55
vs AR average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1512139.85716181
Medium and Large 2436127.0255354
One grade step is worth $12.83/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 sale235 hd
136.90
—
AR average10 barns · 1,650 hd
142.45
−5.55
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—Average1,67971.541,20111
CowsBreaker 75-80%Average1,52548.007321thin
CowsBoner 80-85%Average1,19047.6356757
CowsLean 85-90%Average1,02441.364249thin

Every lot, as filed

49 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
BullsMedium and Large 1—474132.79/cwt130.00–135.006295
BullsMedium and Large 1—717104.61/cwt100.00–108.007505
BullsMedium and Large 1—612118.32/cwt115.00–121.007246
BullsMedium and Large 1—673112.67/cwt107.00–115.007588
BullsMedium and Large 1—565118.59/cwt115.00–121.0067012
BullsMedium and Large 1—524123.22/cwt116.00–128.0064613
HeifersMedium and Large 1—710114.03/cwt110.00–118.008102
HeifersMedium and Large 1—319142.36/cwt135.00–149.004548
HeifersMedium and Large 1—569122.76/cwt120.00–130.006998
HeifersMedium and Large 1—672117.17/cwt113.00–123.0078710
HeifersMedium and Large 1—371136.92/cwt130.00–141.0050811
HeifersMedium and Large 1—420131.35/cwt125.00–140.0055215
HeifersMedium and Large 1—468127.08/cwt123.00–135.0059516
HeifersMedium and Large 1—619120.49/cwt117.00–125.0074619
HeifersMedium and Large 1—527124.34/cwt120.00–130.0065536
HeifersMedium and Large 2—368120.98/cwt120.00–122.004452
HeifersMedium and Large 2—308120.98/cwt120.00–124.003734
HeifersMedium and Large 2—471114.08/cwt110.00–119.005377
HeifersMedium and Large 2—567108.31/cwt105.00–111.006147
HeifersMedium and Large 2—424116.33/cwt109.00–120.0049312
HeifersMedium and Large 2—525108.98/cwt105.00–113.0057213
SteersMedium and Large 1—313162.04/cwt155.00–170.005075
SteersMedium and Large 1—716124.32/cwt120.00–128.008906
SteersMedium and Large 1—672127.55/cwt124.00–135.0085711
CowsLean 85-90%—1,02441.36/cwt38.00–44.004249
CowsBreaker 75-80%—1,52548.00/cwt48.00–48.007321
CowsBoner 80-85%—1,22150.23/cwt46.00–55.0061344
CowsBoner 80-85%—1,04035.44/cwt32.00–40.0036911
CowsBoner 80-85%—1,33857.46/cwt57.00–58.007692
Bulls——1,74474.63/cwt70.00–78.001,3029
Bulls——1,38557.62/cwt55.00–60.007982
Bred CowsMedium and Large 1-2—92081.00/cwt80.00–82.007452
Bred CowsMedium and Large 1-2—89599.00/cwt99.00–99.008861
Bred CowsMedium and Large 1-2—1,14073.00/cwt73.00–73.008321
Bred CowsMedium and Large 1-2—1,24055.00/cwt55.00–55.006821
Bred CowsMedium and Large 1-2—1,18960.00/cwt58.00–62.007134
Cow-Calf PairsMedium and Large 1-2—1,530900.00/cwt900.00–900.0013,7701
SteersMedium and Large 2—427128.31/cwt125.00–135.0054815
SteersMedium and Large 2—470123.47/cwt120.00–125.0058012
SteersMedium and Large 2—525117.86/cwt115.00–122.0061910
SteersMedium and Large 2—324138.44/cwt120.00–145.004499
SteersMedium and Large 2—368133.07/cwt130.00–138.004906
SteersMedium and Large 2—550115.00/cwt115.00–115.006332
SteersMedium and Large 1—565132.15/cwt127.00–137.0074740
SteersMedium and Large 1—520135.74/cwt130.00–143.0070635
SteersMedium and Large 1—420150.39/cwt145.00–157.0063227
SteersMedium and Large 1—465142.80/cwt135.00–151.0066420
SteersMedium and Large 1—369158.19/cwt150.00–167.0058420
SteersMedium and Large 1—624131.55/cwt125.00–140.0082117

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.