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
Bulls—Low1,62365.501,06315
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 1—615108.00/cwt108.00–108.006641
BullsMedium and Large 1—710100.00/cwt100.00–100.007101
BullsMedium and Large 1—553118.49/cwt117.00–120.006552
BullsMedium and Large 1—475127.97/cwt125.00–130.006084
BullsMedium and Large 1—533123.25/cwt120.00–127.006574
BullsMedium and Large 1—667107.36/cwt100.00–114.007166
HeifersMedium and Large 1—665113.00/cwt113.00–113.007511
HeifersMedium and Large 1—325131.00/cwt130.00–132.004262
HeifersMedium and Large 1—577116.98/cwt115.00–119.006753
HeifersMedium and Large 1—378128.99/cwt127.00–130.004884
HeifersMedium and Large 1—610114.02/cwt110.00–117.006968
HeifersMedium and Large 1—526122.08/cwt115.00–125.0064210
HeifersMedium and Large 1—424126.00/cwt120.00–133.0053415
HeifersMedium and Large 1—467123.43/cwt120.00–129.0057620
HeifersMedium and Large 2—515100.00/cwt100.00–100.005152
HeifersMedium and Large 2—422110.00/cwt110.00–110.004645
HeifersMedium and Large 2—566100.99/cwt100.00–105.005725
HeifersMedium and Large 2—318111.69/cwt105.00–115.003556
HeifersMedium and Large 2—373111.45/cwt105.00–115.004168
SteersMedium and Large 1—663127.00/cwt127.00–127.008422
SteersMedium and Large 1—355150.65/cwt147.00–155.005353
SteersMedium and Large 1—712120.65/cwt118.00–125.008593
SteersMedium and Large 1—322159.20/cwt153.00–165.0051310
SteersMedium and Large 1—569128.44/cwt125.00–132.0073110
SteersMedium and Large 1—625124.72/cwt120.00–130.0078012
SteersMedium and Large 1—470146.04/cwt135.00–155.0068613
SteersMedium and Large 1—519136.10/cwt125.00–145.0070614
SteersMedium and Large 1—415153.02/cwt140.00–160.0063516
SteersMedium and Large 2—455120.00/cwt120.00–120.005461
SteersMedium and Large 2—523116.64/cwt110.00–125.006103
SteersMedium and Large 2—318132.51/cwt130.00–135.004216
SteersMedium and Large 2—420124.99/cwt120.00–130.005256
SteersMedium and Large 2—371129.94/cwt125.00–135.004827
Bred CowsMedium and Large 1-2—1,08752.06/cwt50.00–57.005667
Bred CowsMedium and Large 1-2—1,08076.00/cwt76.00–76.008211
Bred CowsMedium and Large 1-2—1,10072.00/cwt72.00–72.007921
Bulls——1,43050.43/cwt46.00–54.007214
Bulls——1,69370.98/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.