Sale reports / Arkansas / Hope Livestock Auction Inc. / 2019-10-03

Hope Livestock Auction Inc.

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Hope, Arkansas · Thu, Oct 3
● Final51 lots reportedUSDA AMS · slug 2058
Feeder Cattle receipts
1,155 head
▼ 323 vs last sale 1,478▲ 1,155 vs year ago 0 · no sale a year ago
Slaughter Cattle receipts
201 head
▼ 40 vs last sale 241▲ 201 vs year ago 0 · no sale a year ago
Replacement Cattle receipts
35 head
▲ 5 vs last sale 30▲ 35 vs year ago 0 · no sale a year ago
View

Reporter comment USDA

As filed

Compared to last week: Feeder steers under 450 lbs. 2.00-5.00 lower; over 450 lbs. steady. Feeder heifers under 450 lbs. 5.00-10.00 lower; over 450 lbs. steady to 2.00 lower. Slaughter cows 3.00-4.00 lower. Slaughter bulls steady to 2.00 lower.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $134.66/cwt on 160 head.
Average price
$134.66
160 head · 526 lb average
Value per head Derived
$708
Price × average weight ÷ 100
Grade differential Derived
$177
per head · Medium and Large 1 over Medium and Large 2
$14.00/cwt at this weight
vs the market
−4.38
vs AR average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1540137.12740132
Medium and Large 2458123.1156328
One grade step is worth $14.00/cwt here — about $177 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 sale160 hd
134.66
—
AR average9 barns · 1,516 hd
139.05
−4.38
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—Average1,69369.001,1682thin
CowsBoner 80-85%Average1,15543.6350444
CowsLean 85-90%Average97437.173629thin

Every lot, as filed

51 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—650113.50/cwt112.00–115.007382
BullsMedium and Large 1—770104.50/cwt104.00–105.008052
BullsMedium and Large 1—732106.33/cwt105.00–107.007783
BullsMedium and Large 1—468132.48/cwt129.00–135.006206
BullsMedium and Large 1—531121.53/cwt119.00–125.006456
BullsMedium and Large 1—620116.31/cwt110.00–120.007217
BullsMedium and Large 1—567117.76/cwt110.00–124.006688
HeifersMedium and Large 1—780115.00/cwt115.00–115.008971
HeifersMedium and Large 1—375130.00/cwt130.00–130.004882
HeifersMedium and Large 1—333132.42/cwt130.00–137.004413
HeifersMedium and Large 1—740109.99/cwt107.00–113.008143
HeifersMedium and Large 1—663115.83/cwt115.00–117.007686
HeifersMedium and Large 1—570119.75/cwt118.00–121.006838
HeifersMedium and Large 1—613118.53/cwt115.00–121.007278
HeifersMedium and Large 1—428129.14/cwt122.00–137.005539
HeifersMedium and Large 1—469128.47/cwt123.00–135.0060311
HeifersMedium and Large 1—518125.57/cwt120.00–133.0065020
HeifersMedium and Large 1Replacement—680145.00/cwt145.00–145.009861
HeifersMedium and Large 2—330115.00/cwt115.00–115.003801
HeifersMedium and Large 2—370115.00/cwt115.00–115.004264
HeifersMedium and Large 2—568107.72/cwt105.00–112.006124
HeifersMedium and Large 2—518107.23/cwt105.00–112.005556
HeifersMedium and Large 2—424114.59/cwt112.00–117.0048610
HeifersMedium and Large 2—463113.81/cwt110.00–117.0052710
SteersMedium and Large 1—785124.26/cwt122.00–127.009754
CowsLean 85-90%—97437.17/cwt35.00–41.003629
CowsBoner 80-85%—1,17645.93/cwt42.00–52.0054035
CowsBoner 80-85%—1,03632.00/cwt30.00–35.003328
CowsBoner 80-85%—1,38556.00/cwt56.00–56.007761
Bulls——1,96576.00/cwt76.00–76.001,4931
Bulls——1,42062.00/cwt62.00–62.008801
Bred CowsMedium and Large 1-2—1,05589.28/cwt85.00–93.009424
Bred CowsMedium and Large 1-2—99896.01/cwt95.00–97.009582
Bred CowsMedium and Large 1-2—1,01079.37/cwt75.00–84.008022
Bred CowsMedium and Large 1-2—1,12060.00/cwt60.00–60.006721
Bred CowsMedium and Large 1-2—1,17463.50/cwt60.00–70.007456
SteersMedium and Large 2—520117.51/cwt115.00–120.006118
SteersMedium and Large 2—416127.10/cwt123.00–132.005297
SteersMedium and Large 2—566115.24/cwt114.00–117.006524
SteersMedium and Large 2—364131.18/cwt120.00–139.004774
SteersMedium and Large 2—460122.29/cwt120.00–125.005633
SteersMedium and Large 2—320132.42/cwt130.00–135.004242
SteersMedium and Large 1—520135.06/cwt130.00–145.0070222
SteersMedium and Large 1—624128.34/cwt125.00–135.0080120
SteersMedium and Large 1—425147.90/cwt141.00–158.0062920
SteersMedium and Large 1—670128.54/cwt122.00–137.0086116
SteersMedium and Large 1—572131.46/cwt125.00–138.0075215
SteersMedium and Large 1—473143.52/cwt140.00–148.0067915
SteersMedium and Large 1—374154.61/cwt150.00–161.005789
SteersMedium and Large 1—733125.01/cwt122.00–129.009166
SteersMedium and Large 1—311156.63/cwt155.00–160.004875

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.