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

Hope Livestock Auction Inc.

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Hope, Arkansas · Thu, Oct 10
● Final51 lots reportedUSDA AMS · slug 2058
Feeder Cattle receipts
1,670 head
515 vs last sale 1,155 1,670 vs year ago 0 · no sale a year ago
Slaughter Cattle receipts
293 head
92 vs last sale 201 293 vs year ago 0 · no sale a year ago
Replacement Cattle receipts
30 head
5 vs last sale 35 30 vs year ago 0 · no sale a year ago
View

Reporter comment USDA

As filed

Compared to last week: Feeder steers sold 2-5 lower. Feeder heifers sold 3-7 lower. Slaughter cows sold 1-3 higher. Slaughter bulls sold 1-2 lower.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $131.85/cwt on 199 head.
Average price
$131.85
199 head · 525 lb average
Value per head Derived
$692
Price × average weight ÷ 100
Grade differential Derived
$152
per head · Medium and Large 1 over Medium and Large 2
$16.13/cwt at this weight
vs the market
8.43
vs AR average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1533134.12715171
Medium and Large 2477117.9956328
One grade step is worth $16.13/cwt here — about $152 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 sale199 hd
131.85
AR average9 barns · 1,624 hd
140.28
−8.43
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
BullsAverage1,61670.081,13211
CowsBoner 80-85%Average1,19945.8555064
CowsLean 85-90%Average1,04439.2641020

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
SteersMedium and Large 1622123.57/cwt120.00–127.0076918
SteersMedium and Large 1368151.06/cwt140.00–159.0055613
SteersMedium and Large 1673123.42/cwt120.00–127.0083112
SteersMedium and Large 1724123.09/cwt119.00–126.0089111
SteersMedium and Large 1776121.52/cwt119.00–124.009434
Cow-Calf PairsMedium and Large 1-21,240960.00/cwt960.00–960.0011,9041
BullsMedium and Large 170498.01/cwt95.00–102.006904
BullsMedium and Large 1669108.63/cwt105.00–112.007275
BullsMedium and Large 1474125.84/cwt120.00–130.005968
BullsMedium and Large 1577115.59/cwt110.00–120.006679
BullsMedium and Large 1621111.35/cwt102.00–117.0069110
BullsMedium and Large 1526118.06/cwt112.00–124.0062111
HeifersMedium and Large 1735105.00/cwt105.00–105.007721
HeifersMedium and Large 1775105.00/cwt105.00–105.008141
HeifersMedium and Large 1369130.05/cwt125.00–135.004804
HeifersMedium and Large 1320127.04/cwt125.00–135.004077
HeifersMedium and Large 1421125.59/cwt120.00–131.005299
HeifersMedium and Large 1674110.27/cwt108.00–115.0074311
HeifersMedium and Large 1467122.46/cwt120.00–130.0057215
HeifersMedium and Large 1567115.08/cwt110.00–123.0065315
HeifersMedium and Large 1623111.41/cwt109.00–117.0069422
HeifersMedium and Large 1524120.37/cwt115.00–125.0063126
HeifersMedium and Large 2580100.00/cwt100.00–100.005801
HeifersMedium and Large 2320110.67/cwt108.00–115.003545
HeifersMedium and Large 2376108.98/cwt105.00–110.004105
HeifersMedium and Large 2422110.14/cwt100.00–115.0046510
HeifersMedium and Large 2469107.76/cwt100.00–113.0050510
HeifersMedium and Large 2528102.18/cwt100.00–105.0054012
SteersMedium and Large 1800122.00/cwt122.00–122.009761
SteersMedium and Large 1328157.33/cwt150.00–165.005162
CowsLean 85-90%1,04439.26/cwt35.00–43.0041020
CowsBoner 80-85%1,24149.36/cwt45.00–55.0061347
CowsBoner 80-85%1,08436.13/cwt32.00–40.0039217
Bulls1,64672.53/cwt68.00–76.001,1947
Bulls1,37359.71/cwt58.00–61.008203
Bulls2,13584.00/cwt84.00–84.001,7931
Bred CowsMedium and Large 1-21,00085.00/cwt85.00–85.008501
Bred CowsMedium and Large 1-298882.86/cwt81.00–85.008192
Bred CowsMedium and Large 1-21,12063.00/cwt63.00–63.007061
Cow-Calf PairsMedium and Large 1-21,6901,030.00/cwt1,030.00–1,030.0017,4071
Cow-Calf PairsMedium and Large 1-21,468856.13/cwt820.00–890.0012,5682
SteersMedium and Large 2522113.23/cwt110.00–118.005919
SteersMedium and Large 2412122.87/cwt120.00–125.005067
SteersMedium and Large 2470119.54/cwt115.00–124.005625
SteersMedium and Large 2563106.67/cwt100.00–113.006013
SteersMedium and Large 2378133.96/cwt130.00–137.005063
SteersMedium and Large 2600105.00/cwt105.00–105.006301
SteersMedium and Large 1570125.32/cwt120.00–131.0071430
SteersMedium and Large 1475138.93/cwt130.00–150.0066030
SteersMedium and Large 1418147.54/cwt139.00–155.0061728
SteersMedium and Large 1524133.19/cwt125.00–141.0069822

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.