Sale reports / Arkansas / Hope Livestock Auction Inc. / 2020-01-09

Hope Livestock Auction Inc.

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Hope, Arkansas · Thu, Jan 9
● Final43 lots reportedUSDA AMS · slug 2058
Feeder Cattle receipts
1,146 head
▲ 358 vs last sale 788▲ 1,146 vs year ago 0 · no sale a year ago
Slaughter Cattle receipts
178 head
▲ 43 vs last sale 135▲ 178 vs year ago 0 · no sale a year ago
Replacement Cattle receipts
20 head
▲ 5 vs last sale 15▲ 20 vs year ago 0 · no sale a year ago
View

Reporter comment USDA

As filed

No trend due to holiday. Market was very strong on all classes of feeder cattle. Demand was good. Quality was average to attractive.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $161.50/cwt on 174 head.
Average price
$161.50
174 head · 435 lb average
Value per head Derived
$703
Price × average weight ÷ 100
Grade differential Derived
$187
per head · Medium and Large 1 over Medium and Large 2
$26.14/cwt at this weight
vs the market
+4.97
vs AR average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1448168.41755128
Medium and Large 2399142.2856746
One grade step is worth $26.14/cwt here — about $187 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 sale174 hd
161.50
—
AR average9 barns · 2,524 hd
156.54
+4.97
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—Low1,58573.181,1605thin
CowsBreaker 75-80%Average1,17045.005271thin
CowsBoner 80-85%Low1,22443.6353432
CowsLean 85-90%Average95132.8031220

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
SteersMedium and Large 1—710144.00/cwt144.00–144.001,0221
SteersMedium and Large 1—569150.74/cwt145.00–155.008587
Bred CowsMedium and Large 1-2—1,18593.33/cwt85.00–103.001,1063
SteersMedium and Large 2—326146.98/cwt143.00–150.0047914
SteersMedium and Large 2—417140.89/cwt130.00–145.0058815
SteersMedium and Large 1—612143.03/cwt137.00–150.008755
SteersMedium and Large 1—673139.37/cwt130.00–145.009385
SteersMedium and Large 1—513160.76/cwt145.00–167.0082516
BullsMedium and Large 1—667124.30/cwt120.00–133.008296
BullsMedium and Large 1—518140.63/cwt137.00–150.007288
BullsMedium and Large 1—466147.48/cwt141.00–153.0068710
Bulls——1,35361.90/cwt55.00–68.008382
SteersMedium and Large 1—372181.57/cwt170.00–187.0067522
BullsMedium and Large 1—570131.79/cwt127.00–135.007514
BullsMedium and Large 1—629128.23/cwt122.00–132.008074
SteersMedium and Large 1—418172.15/cwt161.00–180.0072026
SteersMedium and Large 2—531130.26/cwt125.00–135.006924
SteersMedium and Large 1—323185.22/cwt180.00–195.0059818
HeifersMedium and Large 1—468140.99/cwt135.00–148.0066015
HeifersMedium and Large 1—521143.00/cwt134.00–152.0074519
HeifersMedium and Large 2—550120.00/cwt120.00–120.006601
SteersMedium and Large 1—470163.19/cwt155.00–175.0076728
SteersMedium and Large 2—455135.48/cwt130.00–138.006166
SteersMedium and Large 2—381148.53/cwt145.00–155.005667
HeifersMedium and Large 2—423127.43/cwt125.00–130.005392
HeifersMedium and Large 2—370130.33/cwt130.00–131.004823
HeifersMedium and Large 2—530121.60/cwt120.00–124.006445
HeifersMedium and Large 2—478124.13/cwt122.00–125.005937
HeifersMedium and Large 1—423147.43/cwt140.00–157.006248
HeifersMedium and Large 1—570139.77/cwt134.00–145.007979
HeifersMedium and Large 1—714125.47/cwt123.00–129.008964
HeifersMedium and Large 1—367152.28/cwt141.00–158.0055912
HeifersMedium and Large 2—327131.96/cwt130.00–135.004325
HeifersMedium and Large 1—329156.77/cwt150.00–161.005165
HeifersMedium and Large 1—616132.23/cwt127.00–140.008157
HeifersMedium and Large 1—674127.33/cwt122.00–137.008587
Bulls——1,74080.70/cwt79.00–83.001,4043
CowsLean 85-90%—1,01936.66/cwt32.00–40.0037410
CowsBoner 80-85%—1,06334.37/cwt30.00–36.003658
CowsBoner 80-85%—1,27746.72/cwt42.00–50.0059724
CowsBreaker 75-80%—1,17045.00/cwt45.00–45.005271
CowsLean 85-90%—96628.55/cwt25.00–36.002765
CowsLean 85-90%Light Weight—80029.35/cwt28.00–30.002355

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.