Sale reports / Arkansas / Hope Livestock Auction Inc. / 2020-01-16

Hope Livestock Auction Inc.

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Hope, Arkansas · Thu, Jan 16
● Final50 lots reportedUSDA AMS · slug 2058
Feeder Cattle receipts
637 head
509 vs last sale 1,146 637 vs year ago 0 · no sale a year ago
Slaughter Cattle receipts
111 head
67 vs last sale 178 111 vs year ago 0 · no sale a year ago
Replacement Cattle receipts
20 head
0 vs last sale 20 20 vs year ago 0 · no sale a year ago
View

Reporter comment USDA

As filed

Compared to last week: Feeder steers steady to 2.00 higher. Feeder heifers under 500 lbs. 2.00-3.00 higher; over 500 lbs. 1.00-4.00 lower. Slaughter cows steady. Slaughter bulls 2.00 lower. Demand was good. Quality was average. Receipts were fewer due to wet weather.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $161.12/cwt on 115 head.
Average price
$161.12
115 head · 485 lb average
Value per head Derived
$782
Price × average weight ÷ 100
Grade differential Derived
$249
per head · Medium and Large 1 over Medium and Large 2
$20.38/cwt at this weight
vs the market
+7.07
vs AR average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1499163.9681999
Medium and Large 2397143.5857016thin
One grade step is worth $20.38/cwt here — about $249 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 sale115 hd
161.12
AR average7 barns · 717 hd
154.05
+7.07
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
BullsAverage1,70874.291,26917
CowsBoner 80-85%Low1,16043.7850819
CowsLean 85-90%Average94437.2935210

Every lot, as filed

50 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 1469164.13/cwt155.00–175.0077014
SteersMedium and Large 1527158.98/cwt155.00–165.0083810
SteersMedium and Large 1377181.92/cwt179.00–187.0068610
SteersMedium and Large 1329186.15/cwt183.00–191.006125
SteersMedium and Large 2424141.88/cwt140.00–145.006028
SteersMedium and Large 1672140.31/cwt138.00–143.009433
SteersMedium and Large 1760137.00/cwt137.00–137.001,0411
SteersMedium and Large 1722136.94/cwt135.00–141.009893
SteersMedium and Large 1628144.18/cwt141.00–151.009053
SteersMedium and Large 1820130.00/cwt130.00–130.001,0662
Cow-Calf PairsMedium and Large 1-21,1001,106.59/cwt1,070.00–1,140.0012,1722
Cow-Calf PairsMedium and Large 1-21,150975.00/cwt975.00–975.0011,2131
SteersMedium and Large 2510130.00/cwt130.00–130.006631
SteersMedium and Large 2455140.00/cwt140.00–140.006371
SteersMedium and Large 2311149.27/cwt145.00–155.004644
SteersMedium and Large 2375147.57/cwt145.00–150.005532
Bred CowsMedium and Large 1-21,050100.00/cwt100.00–100.001,0501
Bred CowsMedium and Large 1-2910115.00/cwt115.00–115.001,0471
Bred CowsMedium and Large 1-21,01077.65/cwt75.00–80.007842
BullsMedium and Large 1613128.46/cwt122.00–135.007874
BullsMedium and Large 1577135.41/cwt130.00–139.007813
BullsMedium and Large 1532138.32/cwt135.00–140.007363
Bulls1,80176.94/cwt72.00–80.001,3869
Bulls1,48963.50/cwt60.00–67.009465
Bulls1,79584.32/cwt84.00–85.001,5143
CowsLean 85-90%Light Weight72028.00/cwt28.00–28.002021
SteersMedium and Large 1Value Added710143.00/cwt143.00–143.001,0159
SteersMedium and Large 1Value Added432177.46/cwt170.00–181.007679
HeifersMedium and Large 1Value Added550142.00/cwt142.00–142.007817
HeifersMedium and Large 1Value Added300165.00/cwt165.00–165.004957
HeifersMedium and Large 2473123.00/cwt123.00–123.005822
CowsLean 85-90%99940.14/cwt37.00–42.004017
CowsBoner 80-85%1,03334.02/cwt31.00–38.003515
CowsLean 85-90%86331.95/cwt30.00–34.002762
CowsBoner 80-85%1,20547.27/cwt43.00–53.0057014
BullsMedium and Large 1472146.92/cwt143.00–152.006935
HeifersMedium and Large 1472144.46/cwt140.00–151.006829
HeifersMedium and Large 1368154.42/cwt150.00–163.005689
HeifersMedium and Large 1521141.24/cwt135.00–147.007367
HeifersMedium and Large 1569136.18/cwt130.00–145.007755
HeifersMedium and Large 2430126.02/cwt125.00–128.005423
HeifersMedium and Large 2322131.06/cwt130.00–133.004223
SteersMedium and Large 1566152.72/cwt145.00–160.008644
HeifersMedium and Large 2380131.73/cwt130.00–135.005013
HeifersMedium and Large 1318158.22/cwt153.00–165.0050313
HeifersMedium and Large 1412149.91/cwt143.00–155.0061811
HeifersMedium and Large 1610131.31/cwt125.00–135.008013
HeifersMedium and Large 1665131.00/cwt131.00–131.008711
SteersMedium and Large 1865130.00/cwt130.00–130.001,1251
SteersMedium and Large 1413172.31/cwt162.00–183.0071225

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.