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
BullsAverage1,55560.6494310
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 1368150.84/cwt145.00–155.005554
SteersMedium and Large 1770114.00/cwt114.00–114.008781
SteersMedium and Large 1710120.00/cwt120.00–120.008521
HeifersMedium and Large 2471106.29/cwt100.00–113.005017
HeifersMedium and Large 2320115.25/cwt110.00–120.003697
HeifersMedium and Large 2528106.48/cwt100.00–110.005626
HeifersMedium and Large 2415109.30/cwt105.00–112.004544
HeifersMedium and Large 2365110.21/cwt105.00–115.004023
HeifersMedium and Large 2558102.47/cwt100.00–105.005722
HeifersMedium and Large 267595.00/cwt95.00–95.006411
HeifersMedium and Large 2640100.00/cwt100.00–100.006401
HeifersMedium and Large 1Replacement575140.00/cwt140.00–140.008051
HeifersMedium and Large 1415123.17/cwt120.00–125.0051112
HeifersMedium and Large 1362128.93/cwt125.00–132.0046712
HeifersMedium and Large 1620113.92/cwt111.00–115.0070610
HeifersMedium and Large 1470122.01/cwt120.00–130.0057310
HeifersMedium and Large 1329134.54/cwt129.00–140.0044310
HeifersMedium and Large 1521121.25/cwt118.00–125.006328
HeifersMedium and Large 1659113.21/cwt110.00–115.007465
HeifersMedium and Large 1574117.42/cwt115.00–120.006745
HeifersMedium and Large 1725112.98/cwt110.00–118.008193
BullsMedium and Large 1582113.61/cwt110.00–117.006618
BullsMedium and Large 1480123.75/cwt120.00–130.005948
BullsMedium and Large 1628109.79/cwt100.00–117.006896
BullsMedium and Large 1518118.32/cwt115.00–120.006136
BullsMedium and Large 1664106.27/cwt100.00–110.007064
BullsMedium and Large 171897.56/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
Bulls1,61065.87/cwt62.00–70.001,0615
Bulls1,42150.75/cwt48.00–55.007214
Bulls1,82074.00/cwt74.00–74.001,3471
Bred CowsMedium and Large 1-297977.29/cwt70.00–85.007577
Bred CowsMedium and Large 1-21,07592.89/cwt86.00–105.009994
Bred CowsMedium and Large 1-21,13254.40/cwt52.00–57.006165
Cow-Calf PairsMedium and Large 1-21,283892.50/cwt890.00–895.0011,4512
Cow-Calf PairsMedium and Large 1-21,140750.00/cwt750.00–750.008,5501
Cow-Calf PairsMedium and Large 1-2Fancy1,185850.00/cwt850.00–850.0010,0731
SteersMedium and Large 2519112.50/cwt110.00–115.0058412
SteersMedium and Large 2318133.07/cwt130.00–138.004239
SteersMedium and Large 2476116.73/cwt110.00–122.005568
SteersMedium and Large 2408122.55/cwt120.00–125.005002
SteersMedium and Large 2395126.00/cwt122.00–130.004982
SteersMedium and Large 2620107.00/cwt107.00–107.006631
SteersMedium and Large 1468139.18/cwt133.00–147.0065124
SteersMedium and Large 1422145.66/cwt137.00–152.0061522
SteersMedium and Large 1519134.76/cwt125.00–143.0069921
SteersMedium and Large 1315157.36/cwt150.00–162.0049615
SteersMedium and Large 1576124.51/cwt120.00–130.007179
SteersMedium and Large 1661120.55/cwt117.00–124.007977
SteersMedium and Large 1624121.01/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.