Sale reports / Arkansas / Hope Livestock Auction Inc. / 2019-11-07

Hope Livestock Auction Inc.

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Hope, Arkansas · Thu, Nov 7
● Final52 lots reportedUSDA AMS · slug 2058
Feeder Cattle receipts
1,232 head
481 vs last sale 751 1,232 vs year ago 0 · no sale a year ago
Slaughter Cattle receipts
243 head
10 vs last sale 233 243 vs year ago 0 · no sale a year ago
Replacement Cattle receipts
35 head
10 vs last sale 25 35 vs year ago 0 · no sale a year ago
View

Reporter comment USDA

As filed

Compared to last week: Feeder steers 2.00-5.00 higher. Feeder heifers under 400 lbs. 1.00-300 lower; over 400 lbs. 3.00-5.00 higher. Slaughter cows 3.00-5.00 higher. Slaughter bulls 4.00-5.00 higher.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $139.39/cwt on 195 head.
Average price
$139.39
195 head · 489 lb average
Value per head Derived
$682
Price × average weight ÷ 100
Grade differential Derived
$177
per head · Medium and Large 1 over Medium and Large 2
$13.91/cwt at this weight
vs the market
5.06
vs AR average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1508142.45723152
Medium and Large 2425128.5554643
One grade step is worth $13.91/cwt here — about $177 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 sale195 hd
139.39
AR average10 barns · 2,452 hd
144.45
−5.06
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
BullsLow1,48460.979057thin
CowsBreaker 75-80%Average1,43846.006612thin
CowsBoner 80-85%Average1,22045.1655138
CowsLean 85-90%Average1,03134.4935613

Every lot, as filed

52 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 1571134.42/cwt130.00–140.0076818
SteersMedium and Large 1368154.15/cwt150.00–160.0056714
SteersMedium and Large 1612125.86/cwt120.00–133.0077012
SteersMedium and Large 1662127.42/cwt122.00–133.0084410
SteersMedium and Large 1721123.26/cwt120.00–126.008898
SteersMedium and Large 1317157.31/cwt155.00–160.004993
HeifersMedium and Large 2428112.84/cwt108.00–115.004837
HeifersMedium and Large 2533106.18/cwt105.00–110.005666
HeifersMedium and Large 2474112.16/cwt110.00–115.005325
HeifersMedium and Large 2337111.99/cwt110.00–120.003775
HeifersMedium and Large 2390115.00/cwt115.00–115.004491
HeifersMedium and Large 1565122.32/cwt120.00–126.0069112
HeifersMedium and Large 1421129.50/cwt120.00–134.0054512
HeifersMedium and Large 1522125.00/cwt120.00–130.0065311
HeifersMedium and Large 1475129.35/cwt124.00–138.006149
HeifersMedium and Large 1367126.45/cwt120.00–135.004649
HeifersMedium and Large 1615117.55/cwt115.00–125.007237
HeifersMedium and Large 1315129.63/cwt125.00–134.004084
HeifersMedium and Large 1705112.00/cwt112.00–112.007901
HeifersMedium and Large 1650110.00/cwt110.00–110.007151
BullsMedium and Large 1577119.68/cwt115.00–125.0069112
BullsMedium and Large 1617114.88/cwt110.00–117.007097
BullsMedium and Large 1523124.99/cwt121.00–127.006547
BullsMedium and Large 1476135.83/cwt130.00–140.006477
BullsMedium and Large 1672112.70/cwt110.00–115.007573
BullsMedium and Large 1728104.49/cwt104.00–105.007612
CowsLean 85-90%1,07037.34/cwt34.00–41.0040010
CowsLean 85-90%90225.00/cwt24.00–26.002263
CowsBreaker 75-80%1,43846.00/cwt46.00–46.006612
CowsBoner 80-85%1,23046.61/cwt41.00–52.0057332
CowsBoner 80-85%1,11234.08/cwt30.00–37.003795
CowsBoner 80-85%1,45054.00/cwt54.00–54.007831
Bulls1,31955.55/cwt50.00–58.007335
Bulls1,89574.52/cwt70.00–78.001,4122
Bred HeifersMedium and Large 1-2935100.00/cwt100.00–100.009351
Bred CowsMedium and Large 1-21,07593.43/cwt82.00–103.001,0042
Bred CowsMedium and Large 1-21,17497.52/cwt88.00–112.001,1455
Bred CowsMedium and Large 1-21,09477.44/cwt70.00–87.008478
Bred CowsMedium and Large 1-21,30070.00/cwt70.00–70.009101
Bred CowsMedium and Large 1-21,05555.00/cwt55.00–55.005801
Bred CowsMedium and Large 1-21,15058.00/cwt58.00–58.006671
Cow-Calf PairsMedium and Large 1-21,2501,000.00/cwt1,000.00–1,000.0012,5001
Cow-Calf PairsMedium and Large 1-21,150880.00/cwt880.00–880.0010,1201
SteersMedium and Large 2421132.17/cwt130.00–135.0055612
SteersMedium and Large 2462125.38/cwt120.00–130.0057910
SteersMedium and Large 2516119.44/cwt117.00–120.006167
SteersMedium and Large 2317134.36/cwt125.00–140.004267
SteersMedium and Large 2369132.67/cwt130.00–135.004906
SteersMedium and Large 2550115.00/cwt115.00–115.006331
SteersMedium and Large 1518140.49/cwt135.00–150.0072834
SteersMedium and Large 1421153.08/cwt145.00–165.0064430
SteersMedium and Large 1469150.60/cwt143.00–157.0070623

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.