Sale reports / Arkansas / Hope Livestock Auction Inc. / 2020-02-27

Hope Livestock Auction Inc.

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Hope, Arkansas · Thu, Feb 27
● Final47 lots reportedUSDA AMS · slug 2058
Feeder Cattle receipts
437 head
▼ 40 vs last sale 477▲ 437 vs year ago 0 · no sale a year ago
Slaughter Cattle receipts
79 head
▼ 33 vs last sale 112▲ 79 vs year ago 0 · no sale a year ago
Replacement Cattle receipts
18 head
▼ 2 vs last sale 20▲ 18 vs year ago 0 · no sale a year ago
View

Reporter comment USDA

As filed

Compared to last week: Feeder steers unevenly steady. Feeder heifers unevenly steady. Slaughter cows steady to 2.00 lower. Slaughter bulls steady to 2.00 higher. Buyer activity was good. Quality was average.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $160.04/cwt on 100 head.
Average price
$160.04
100 head · 441 lb average
Value per head Derived
$705
Price × average weight ÷ 100
Grade differential Derived
$197
per head · Medium and Large 1 over Medium and Large 2
$22.04/cwt at this weight
vs the market
+4.36
vs AR average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1460166.4376671
Medium and Large 2394144.4056829
One grade step is worth $22.04/cwt here — about $197 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 sale100 hd
160.04
—
AR average9 barns · 774 hd
155.68
+4.36
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—Low1,85288.001,63010
CowsBoner 80-85%Low1,12053.0859511
CowsLean 85-90%Low93045.5042314

Every lot, as filed

47 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
BullsMedium and Large 1—625130.00/cwt130.00–130.008131
BullsMedium and Large 1—570136.10/cwt132.00–141.007763
BullsMedium and Large 1—668123.37/cwt120.00–125.008243
BullsMedium and Large 1—733114.92/cwt110.00–120.008423
BullsMedium and Large 1—458146.65/cwt145.00–149.006726
BullsMedium and Large 1—531143.10/cwt137.00–147.007607
HeifersMedium and Large 1—325165.00/cwt165.00–165.005362
HeifersMedium and Large 1—730119.51/cwt118.00–121.008722
HeifersMedium and Large 1—615128.99/cwt125.00–133.007933
HeifersMedium and Large 1—678121.98/cwt120.00–124.008274
HeifersMedium and Large 1—370156.07/cwt150.00–165.005777
HeifersMedium and Large 1—572135.60/cwt130.00–145.007768
HeifersMedium and Large 1—520142.57/cwt135.00–149.007419
HeifersMedium and Large 1—420150.20/cwt145.00–155.0063112
HeifersMedium and Large 1—476147.37/cwt140.00–155.0070115
HeifersMedium and Large 2—515125.00/cwt125.00–125.006441
HeifersMedium and Large 2—328136.95/cwt135.00–139.004492
HeifersMedium and Large 2—467128.36/cwt125.00–130.005993
HeifersMedium and Large 2—368133.31/cwt130.00–135.004916
HeifersMedium and Large 2—422128.84/cwt123.00–130.005446
SteersMedium and Large 1—608151.53/cwt149.00–154.009212
SteersMedium and Large 1—670136.99/cwt135.00–139.009183
SteersMedium and Large 1—326183.95/cwt180.00–187.006007
SteersMedium and Large 1—363179.54/cwt175.00–187.006527
SteersMedium and Large 1—566155.96/cwt150.00–161.008837
SteersMedium and Large 1—516159.55/cwt155.00–163.008239
SteersMedium and Large 1—469163.93/cwt160.00–173.0076917
SteersMedium and Large 1—423170.73/cwt162.00–182.0072219
SteersMedium and Large 2—468136.98/cwt134.00–140.006412
SteersMedium and Large 2—515132.97/cwt130.00–137.006854
SteersMedium and Large 2—429143.61/cwt140.00–147.006165
SteersMedium and Large 2—313147.95/cwt145.00–150.004638
SteersMedium and Large 2—377148.00/cwt145.00–152.0055810
Cow-Calf PairsMedium and Large 1-2—1,3201,100.00/cwt1,100.00–1,100.0014,5201
Bred CowsMedium and Large 1-2—1,06472.91/cwt65.00–80.007764
Bred CowsMedium and Large 1-2—1,10363.22/cwt60.00–67.006974
Bred CowsMedium and Large 1-2—1,03075.00/cwt75.00–75.007731
Bred CowsMedium and Large 1-2—1,02089.45/cwt83.00–97.009122
Bred CowsMedium and Large 1-2—1,210105.00/cwt105.00–105.001,2711
Bred CowsMedium and Large 1-2—950122.00/cwt122.00–122.001,1591
Bulls——1,54870.00/cwt70.00–70.001,0842
Bulls——1,73687.28/cwt84.00–90.001,5154
Bulls——2,12097.72/cwt97.00–99.002,0724
CowsBoner 80-85%—1,05346.03/cwt45.00–48.004854
CowsBoner 80-85%—1,15957.11/cwt52.00–62.006627
CowsLean 85-90%—81035.35/cwt32.00–39.002862
CowsLean 85-90%—95047.19/cwt45.00–50.0044812

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.