Sale reports / Arkansas / Hope Livestock Auction Inc. / 2020-02-20

Hope Livestock Auction Inc.

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Hope, Arkansas · Thu, Feb 20
● Final59 lots reportedUSDA AMS · slug 2058
Feeder Cattle receipts
477 head
▲ 171 vs last sale 306▲ 477 vs year ago 0 · no sale a year ago
Slaughter Cattle receipts
112 head
▲ 75 vs last sale 37▲ 112 vs year ago 0 · no sale a year ago
Replacement Cattle receipts
20 head
▲ 12 vs last sale 8▲ 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 unevenly steady. Slaughter cows 1.00-3.00 higher. Slaughter bulls 2.00-3.00 lower. Had around 200 head of preconditioned cattle. Demand was strong on lighter cattle suitable for grazing. Quality was average.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $159.81/cwt on 126 head.
Average price
$159.81
126 head · 529 lb average
Value per head Derived
$846
Price × average weight ÷ 100
Grade differential Derived
$244
per head · Medium and Large 1 over Medium and Large 2
$16.84/cwt at this weight
vs the market
−10.17
vs AR average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1541161.68875112
Medium and Large 2436144.8463114thin
One grade step is worth $16.84/cwt here — about $244 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 sale126 hd
159.81
—
AR average10 barns · 1,727 hd
169.98
−10.17
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—Average1,58980.401,2785thin
CowsBreaker 75-80%Average1,31059.007731thin
CowsBoner 80-85%Average1,17458.4368627
CowsLean 85-90%Average94645.5243115

Every lot, as filed

59 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—669133.75/cwt130.00–139.008954
SteersMedium and Large 1—640145.98/cwt141.00–150.009343
SteersMedium and Large 1—328185.52/cwt180.00–191.006093
SteersMedium and Large 1Fleshy—920108.00/cwt108.00–108.009945
HeifersMedium and Large 2—490130.00/cwt130.00–130.006375
HeifersMedium and Large 2—330138.79/cwt135.00–140.004584
HeifersMedium and Large 2—535125.00/cwt125.00–125.006693
HeifersMedium and Large 2—423132.49/cwt130.00–135.005602
HeifersMedium and Large 2—360138.00/cwt138.00–138.004971
HeifersMedium and Large 1Value Added—516148.66/cwt147.00–157.0076719
HeifersMedium and Large 1Value Added—330170.00/cwt170.00–170.005616
HeifersMedium and Large 1Value Added—375169.00/cwt169.00–169.006345
HeifersMedium and Large 1Replacement—735140.00/cwt140.00–140.001,0291
HeifersMedium and Large 1—521142.12/cwt135.00–147.0074013
HeifersMedium and Large 1—316162.05/cwt157.00–167.0051213
HeifersMedium and Large 1—564134.72/cwt130.00–137.007608
HeifersMedium and Large 1—424154.07/cwt150.00–158.006538
HeifersMedium and Large 1—370155.52/cwt150.00–161.005757
HeifersMedium and Large 1—713122.82/cwt120.00–125.008766
HeifersMedium and Large 1—468150.16/cwt145.00–155.007036
HeifersMedium and Large 1—835110.00/cwt110.00–110.009195
HeifersMedium and Large 1—795112.00/cwt112.00–112.008904
HeifersMedium and Large 1—613128.43/cwt125.00–132.007872
HeifersMedium and Large 1—665121.00/cwt121.00–121.008051
BullsMedium and Large 1—561136.96/cwt130.00–147.007685
BullsMedium and Large 1—529145.43/cwt139.00–150.007694
BullsMedium and Large 1—482153.64/cwt149.00–157.007413
BullsMedium and Large 1—673122.96/cwt121.00–125.008282
BullsMedium and Large 1—630125.00/cwt125.00–125.007881
CowsLean 85-90%—97647.57/cwt45.00–50.0046412
CowsLean 85-90%—82537.34/cwt35.00–40.003083
CowsBreaker 75-80%—1,31059.00/cwt59.00–59.007731
CowsBoner 80-85%—1,15259.99/cwt57.00–64.0069115
CowsBoner 80-85%—1,35569.29/cwt68.00–70.009396
CowsBoner 80-85%—1,04643.68/cwt40.00–45.004576
Bulls——1,59385.08/cwt82.00–88.001,3552
Bulls——1,49069.92/cwt67.00–73.001,0422
Bulls——1,78092.00/cwt92.00–92.001,6381
Bred CowsMedium and Large 1-2—970121.00/cwt121.00–121.001,1741
Bred CowsMedium and Large 1-2—1,13395.90/cwt88.00–107.001,0875
Bred CowsMedium and Large 1-2—1,040105.00/cwt105.00–105.001,0921
Bred CowsMedium and Large 1-2—1,18372.38/cwt65.00–84.008563
SteersMedium and Large 2—478142.49/cwt140.00–145.006814
SteersMedium and Large 2—425146.24/cwt145.00–150.006224
SteersMedium and Large 2—372148.41/cwt145.00–150.005523
SteersMedium and Large 2—518138.80/cwt133.00–145.007192
SteersMedium and Large 2—335150.00/cwt150.00–150.005031
SteersMedium and Large 1Value Added—575160.25/cwt160.00–162.009218
SteersMedium and Large 1Value Added—510168.69/cwt165.00–179.008608
SteersMedium and Large 1Value Added—465182.51/cwt180.00–183.008498
SteersMedium and Large 1Value Added—611157.29/cwt154.00–160.009617
SteersMedium and Large 1Value Added—445181.00/cwt181.00–181.008055
SteersMedium and Large 1Value Added—370201.00/cwt201.00–201.007443
SteersMedium and Large 1—423173.46/cwt165.00–185.0073417
SteersMedium and Large 1—522161.45/cwt159.00–165.0084315
SteersMedium and Large 1—727132.02/cwt130.00–137.009607
SteersMedium and Large 1—466168.60/cwt160.00–177.007867
SteersMedium and Large 1—368179.06/cwt175.00–182.006597
SteersMedium and Large 1—895122.00/cwt122.00–122.001,0925

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.