Sale reports / Arkansas / Hope Livestock Auction Inc. / 2019-10-24

Hope Livestock Auction Inc.

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Hope, Arkansas · Thu, Oct 24
● Final54 lots reportedUSDA AMS · slug 2058
Feeder Cattle receipts
1,425 head
▲ 271 vs last sale 1,154▲ 1,425 vs year ago 0 · no sale a year ago
Slaughter Cattle receipts
349 head
▲ 43 vs last sale 306▲ 349 vs year ago 0 · no sale a year ago
Replacement Cattle receipts
45 head
▼ 10 vs last sale 55▲ 45 vs year ago 0 · no sale a year ago
View

Reporter comment USDA

As filed

Compared to last week: Feeder steers 2.00-4.00 lower. Feeder heifers 2.00-4.00 lower. Slaughter cows 4.00-8.00 lower. Slaughter bulls 5.00-7.00 lower

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $134.37/cwt on 144 head.
Average price
$134.37
144 head · 471 lb average
Value per head Derived
$632
Price × average weight ÷ 100
Grade differential Derived
$130
per head · Medium and Large 1 over Medium and Large 2
$18.59/cwt at this weight
vs the market
−1.40
vs AR average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1479138.76664110
Medium and Large 2445120.1653534
One grade step is worth $18.59/cwt here — about $130 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 sale144 hd
134.37
—
AR average10 barns · 1,652 hd
135.77
−1.40
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—Average1,55560.6494310
CowsBreaker 75-80%Average1,51039.675993thin
CowsBoner 80-85%Average1,14334.6639658
CowsLean 85-90%Average1,01629.3629815

Every lot, as filed

54 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—368150.84/cwt145.00–155.005554
SteersMedium and Large 1—770114.00/cwt114.00–114.008781
SteersMedium and Large 1—710120.00/cwt120.00–120.008521
HeifersMedium and Large 2—471106.29/cwt100.00–113.005017
HeifersMedium and Large 2—320115.25/cwt110.00–120.003697
HeifersMedium and Large 2—528106.48/cwt100.00–110.005626
HeifersMedium and Large 2—415109.30/cwt105.00–112.004544
HeifersMedium and Large 2—365110.21/cwt105.00–115.004023
HeifersMedium and Large 2—558102.47/cwt100.00–105.005722
HeifersMedium and Large 2—67595.00/cwt95.00–95.006411
HeifersMedium and Large 2—640100.00/cwt100.00–100.006401
HeifersMedium and Large 1Replacement—575140.00/cwt140.00–140.008051
HeifersMedium and Large 1—415123.17/cwt120.00–125.0051112
HeifersMedium and Large 1—362128.93/cwt125.00–132.0046712
HeifersMedium and Large 1—620113.92/cwt111.00–115.0070610
HeifersMedium and Large 1—470122.01/cwt120.00–130.0057310
HeifersMedium and Large 1—329134.54/cwt129.00–140.0044310
HeifersMedium and Large 1—521121.25/cwt118.00–125.006328
HeifersMedium and Large 1—659113.21/cwt110.00–115.007465
HeifersMedium and Large 1—574117.42/cwt115.00–120.006745
HeifersMedium and Large 1—725112.98/cwt110.00–118.008193
BullsMedium and Large 1—582113.61/cwt110.00–117.006618
BullsMedium and Large 1—480123.75/cwt120.00–130.005948
BullsMedium and Large 1—628109.79/cwt100.00–117.006896
BullsMedium and Large 1—518118.32/cwt115.00–120.006136
BullsMedium and Large 1—664106.27/cwt100.00–110.007064
BullsMedium and Large 1—71897.56/cwt95.00–100.007002
CowsLean 85-90%—1,01629.36/cwt25.00–33.0029815
CowsBreaker 75-80%—1,51039.67/cwt39.00–40.005993
CowsBoner 80-85%—1,18337.64/cwt33.00–42.0044538
CowsBoner 80-85%—1,04126.02/cwt22.00–30.0027117
CowsBoner 80-85%—1,21245.96/cwt45.00–48.005573
Bulls——1,61065.87/cwt62.00–70.001,0615
Bulls——1,42150.75/cwt48.00–55.007214
Bulls——1,82074.00/cwt74.00–74.001,3471
Bred CowsMedium and Large 1-2—97977.29/cwt70.00–85.007577
Bred CowsMedium and Large 1-2—1,07592.89/cwt86.00–105.009994
Bred CowsMedium and Large 1-2—1,13254.40/cwt52.00–57.006165
Cow-Calf PairsMedium and Large 1-2—1,283892.50/cwt890.00–895.0011,4512
Cow-Calf PairsMedium and Large 1-2—1,140750.00/cwt750.00–750.008,5501
Cow-Calf PairsMedium and Large 1-2Fancy—1,185850.00/cwt850.00–850.0010,0731
SteersMedium and Large 2—519112.50/cwt110.00–115.0058412
SteersMedium and Large 2—318133.07/cwt130.00–138.004239
SteersMedium and Large 2—476116.73/cwt110.00–122.005568
SteersMedium and Large 2—408122.55/cwt120.00–125.005002
SteersMedium and Large 2—395126.00/cwt122.00–130.004982
SteersMedium and Large 2—620107.00/cwt107.00–107.006631
SteersMedium and Large 1—468139.18/cwt133.00–147.0065124
SteersMedium and Large 1—422145.66/cwt137.00–152.0061522
SteersMedium and Large 1—519134.76/cwt125.00–143.0069921
SteersMedium and Large 1—315157.36/cwt150.00–162.0049615
SteersMedium and Large 1—576124.51/cwt120.00–130.007179
SteersMedium and Large 1—661120.55/cwt117.00–124.007977
SteersMedium and Large 1—624121.01/cwt120.00–123.007556

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.