Sale reports / Arkansas / Hope Livestock Auction Inc. / 2019-10-31

Hope Livestock Auction Inc.

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Hope, Arkansas · Thu, Oct 31
● Final43 lots reportedUSDA AMS · slug 2058
Feeder Cattle receipts
751 head
674 vs last sale 1,425 751 vs year ago 0 · no sale a year ago
Slaughter Cattle receipts
233 head
116 vs last sale 349 233 vs year ago 0 · no sale a year ago
Replacement Cattle receipts
25 head
20 vs last sale 45 25 vs year ago 0 · no sale a year ago
View

Reporter comment USDA

As filed

Compared to last week: Feeder steers 2.00-7.00 higher. Feeder heifers steady to 3.00 higher. Slaughter cows 1.00-2.00 higher. Slaughter bulls 2.00-4.00 higher. Discounts are still being given to fleshy calves coming straight off cows.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $137.90/cwt on 106 head.
Average price
$137.90
106 head · 472 lb average
Value per head Derived
$651
Price × average weight ÷ 100
Grade differential Derived
$195
per head · Medium and Large 1 over Medium and Large 2
$13.73/cwt at this weight
vs the market
5.43
vs AR average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1493140.8869583
Medium and Large 2393127.1550023
One grade step is worth $13.73/cwt here — about $195 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 sale106 hd
137.90
AR average10 barns · 896 hd
143.33
−5.43
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
BullsLow1,62365.501,06315
CowsBoner 80-85%High1,17938.1445053
CowsLean 85-90%Low97528.6728020

Every lot, as filed

43 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 1615108.00/cwt108.00–108.006641
BullsMedium and Large 1710100.00/cwt100.00–100.007101
BullsMedium and Large 1553118.49/cwt117.00–120.006552
BullsMedium and Large 1475127.97/cwt125.00–130.006084
BullsMedium and Large 1533123.25/cwt120.00–127.006574
BullsMedium and Large 1667107.36/cwt100.00–114.007166
HeifersMedium and Large 1665113.00/cwt113.00–113.007511
HeifersMedium and Large 1325131.00/cwt130.00–132.004262
HeifersMedium and Large 1577116.98/cwt115.00–119.006753
HeifersMedium and Large 1378128.99/cwt127.00–130.004884
HeifersMedium and Large 1610114.02/cwt110.00–117.006968
HeifersMedium and Large 1526122.08/cwt115.00–125.0064210
HeifersMedium and Large 1424126.00/cwt120.00–133.0053415
HeifersMedium and Large 1467123.43/cwt120.00–129.0057620
HeifersMedium and Large 2515100.00/cwt100.00–100.005152
HeifersMedium and Large 2422110.00/cwt110.00–110.004645
HeifersMedium and Large 2566100.99/cwt100.00–105.005725
HeifersMedium and Large 2318111.69/cwt105.00–115.003556
HeifersMedium and Large 2373111.45/cwt105.00–115.004168
SteersMedium and Large 1663127.00/cwt127.00–127.008422
SteersMedium and Large 1355150.65/cwt147.00–155.005353
SteersMedium and Large 1712120.65/cwt118.00–125.008593
SteersMedium and Large 1322159.20/cwt153.00–165.0051310
SteersMedium and Large 1569128.44/cwt125.00–132.0073110
SteersMedium and Large 1625124.72/cwt120.00–130.0078012
SteersMedium and Large 1470146.04/cwt135.00–155.0068613
SteersMedium and Large 1519136.10/cwt125.00–145.0070614
SteersMedium and Large 1415153.02/cwt140.00–160.0063516
SteersMedium and Large 2455120.00/cwt120.00–120.005461
SteersMedium and Large 2523116.64/cwt110.00–125.006103
SteersMedium and Large 2318132.51/cwt130.00–135.004216
SteersMedium and Large 2420124.99/cwt120.00–130.005256
SteersMedium and Large 2371129.94/cwt125.00–135.004827
Bred CowsMedium and Large 1-21,08752.06/cwt50.00–57.005667
Bred CowsMedium and Large 1-21,08076.00/cwt76.00–76.008211
Bred CowsMedium and Large 1-21,10072.00/cwt72.00–72.007921
Bulls1,43050.43/cwt46.00–54.007214
Bulls1,69370.98/cwt67.00–73.001,20211
CowsBoner 80-85%1,33547.00/cwt47.00–47.006272
CowsBoner 80-85%1,04625.63/cwt24.00–27.002688
CowsBoner 80-85%1,19740.06/cwt35.00–44.0048043
CowsLean 85-90%82922.00/cwt20.00–24.001826
CowsLean 85-90%1,03831.53/cwt26.00–34.0032714

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.