Sale reports / Arkansas / Hope Livestock Auction Inc. / 2019-11-21

Hope Livestock Auction Inc.

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Hope, Arkansas · Thu, Nov 21
● Final56 lots reportedUSDA AMS · slug 2058
Feeder Cattle receipts
1,277 head
▲ 269 vs last sale 1,008▲ 1,277 vs year ago 0 · no sale a year ago
Slaughter Cattle receipts
321 head
▲ 47 vs last sale 274▲ 321 vs year ago 0 · no sale a year ago
Replacement Cattle receipts
30 head
▲ 10 vs last sale 20▲ 30 vs year ago 0 · no sale a year ago
View

Reporter comment USDA

As filed

Compared to last week: Feeder steers 1.00-4.00 lower. Feeder heifers 5.00-10.00 lower. Slaughter cows steady to 2.00 lower. Slaughter bulls 3.00-4.00 lower.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $138.75/cwt on 143 head.
Average price
$138.75
143 head · 498 lb average
Value per head Derived
$691
Price × average weight ÷ 100
Grade differential Derived
$135
per head · Medium and Large 1 over Medium and Large 3
$26.30/cwt at this weight
vs the market
−8.59
vs AR average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1523141.30739109
Medium and Large 2416131.0854533
Medium and Large 3525115.006041thin
One grade step is worth $26.30/cwt here — about $135 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 sale143 hd
138.75
—
AR average8 barns · 2,474 hd
147.34
−8.59
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—Average1,56864.811,0168thin
CowsBreaker 75-80%Average1,44746.676753thin
CowsBoner 80-85%Average1,21944.3654152
CowsLean 85-90%Average1,00234.2934423

Every lot, as filed

56 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—473144.69/cwt138.00–150.006848
SteersMedium and Large 1—358155.66/cwt150.00–162.005578
SteersMedium and Large 1—617126.28/cwt124.00–130.007797
SteersMedium and Large 1—668125.25/cwt125.00–126.008374
SteersMedium and Large 1—700120.00/cwt118.00–122.008402
HeifersMedium and Large 2—521106.25/cwt100.00–110.005547
HeifersMedium and Large 2—469109.00/cwt105.00–110.005115
HeifersMedium and Large 2—420112.58/cwt110.00–115.004735
HeifersMedium and Large 2—318113.82/cwt110.00–115.003625
HeifersMedium and Large 2—357112.37/cwt110.00–115.004013
HeifersMedium and Large 1Value Added—576124.38/cwt124.00–128.0071618
HeifersMedium and Large 1Value Added—627123.28/cwt120.00–125.007733
HeifersMedium and Large 1—518120.32/cwt115.00–125.0062319
HeifersMedium and Large 1—416124.31/cwt120.00–130.0051719
HeifersMedium and Large 1—471121.95/cwt120.00–127.0057417
HeifersMedium and Large 1—571115.89/cwt113.00–120.006629
HeifersMedium and Large 1—623114.87/cwt112.00–119.007168
HeifersMedium and Large 1—366125.14/cwt125.00–126.004587
HeifersMedium and Large 1—728103.32/cwt100.00–105.007523
HeifersMedium and Large 1—323130.67/cwt130.00–132.004223
HeifersMedium and Large 1—660113.02/cwt111.00–115.007462
BullsMedium and Large 1—577119.70/cwt115.00–130.0069114
BullsMedium and Large 1—653114.34/cwt113.00–115.007473
BullsMedium and Large 1—632118.34/cwt118.00–119.007483
BullsMedium and Large 1—512124.38/cwt120.00–128.006373
BullsMedium and Large 1—470133.28/cwt130.00–135.006263
BullsMedium and Large 1—700100.00/cwt100.00–100.007001
SteersMedium and Large 3—525115.00/cwt115.00–115.006041
CowsLean 85-90%—1,03437.52/cwt35.00–41.0038815
CowsLean 85-90%—94328.23/cwt25.00–34.002668
CowsBreaker 75-80%—1,44746.67/cwt45.00–48.006753
CowsBoner 80-85%—1,25748.00/cwt44.00–52.0060336
CowsBoner 80-85%—1,09633.57/cwt30.00–37.0036814
CowsBoner 80-85%—1,39354.47/cwt53.00–56.007592
Bulls——1,60470.28/cwt68.00–73.001,1275
Bulls——1,50855.70/cwt54.00–59.008403
Bred CowsMedium and Large 1-2—1,10596.98/cwt92.00–103.001,0722
Bred CowsMedium and Large 1-2—1,17094.00/cwt94.00–94.001,1001
Bred CowsMedium and Large 1-2—1,13099.00/cwt99.00–99.001,1191
Bred CowsMedium and Large 1-2—1,21760.03/cwt55.00–65.007313
Cow-Calf PairsMedium and Large 1-2—1,2501,070.00/cwt1,070.00–1,070.0013,3751
Cow-Calf PairsMedium and Large 1-2—1,267916.63/cwt850.00–980.0011,6143
Cow-Calf PairsMedium and Large 1-2—1,305854.48/cwt820.00–920.0011,1513
Cow-Calf PairsMedium and Large 1-2—1,175900.00/cwt900.00–900.0010,5751
SteersMedium and Large 2—312134.36/cwt130.00–140.0041910
SteersMedium and Large 2—428132.73/cwt130.00–137.005688
SteersMedium and Large 2—478127.48/cwt125.00–132.006096
SteersMedium and Large 2—513127.37/cwt120.00–133.006534
SteersMedium and Large 2—365135.25/cwt131.00–140.004943
SteersMedium and Large 2—578120.02/cwt115.00–125.006942
SteersMedium and Large 1Value Added—650133.00/cwt133.00–133.0086515
SteersMedium and Large 1Value Added—620135.00/cwt135.00–135.0083711
SteersMedium and Large 1—516139.71/cwt135.00–150.0072117
SteersMedium and Large 1—422152.26/cwt148.00–160.0064315
SteersMedium and Large 1—568136.29/cwt130.00–138.0077413
SteersMedium and Large 1—321162.54/cwt155.00–170.005229

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.