Sale reports / Arkansas / Hope Livestock Auction Inc. / 2020-03-05

Hope Livestock Auction Inc.

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Hope, Arkansas · Thu, Mar 5
● Final47 lots reportedUSDA AMS · slug 2058
Feeder Cattle receipts
493 head
56 vs last sale 437 493 vs year ago 0 · no sale a year ago
Slaughter Cattle receipts
121 head
42 vs last sale 79 121 vs year ago 0 · no sale a year ago
Replacement Cattle receipts
15 head
3 vs last sale 18 15 vs year ago 0 · no sale a year ago
View

Reporter comment USDA

As filed

Compared to last week: Feeder steers steady to 4.00 lower. Feeder heifers unevenly steady. Slaughter cows steady to 2.00 lower. Slaughter bulls steady. Demand moderate. Quality was plain to average with a few attractive.

Weight class

Heifers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb heifers averaged $138.66/cwt on 117 head.
Average price
$138.66
117 head · 507 lb average
Value per head Derived
$703
Price × average weight ÷ 100
Grade differential Derived
$227
per head · Medium and Large 1 over Medium and Large 2
$7.89/cwt at this weight
vs the market
2.12
vs AR average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1534140.2174994
Medium and Large 2394132.3252223
One grade step is worth $7.89/cwt here — about $227 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 sale117 hd
138.66
AR average10 barns · 2,063 hd
140.79
−2.12
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
BullsAverage1,76383.721,47612
CowsBoner 80-85%Average1,15155.4363831
CowsLean 85-90%Low93341.9439115

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
HeifersMedium and Large 1352156.67/cwt155.00–158.005513
BullsMedium and Large 1583135.48/cwt131.00–140.007902
BullsMedium and Large 1530144.94/cwt141.00–149.007684
BullsMedium and Large 1477150.17/cwt147.00–153.007165
HeifersMedium and Large 1690123.00/cwt123.00–123.008491
HeifersMedium and Large 1710121.00/cwt121.00–121.008591
HeifersMedium and Large 1578137.94/cwt135.00–141.007972
HeifersMedium and Large 1625127.75/cwt125.00–133.007985
HeifersMedium and Large 1324158.21/cwt155.00–161.005137
HeifersMedium and Large 1472148.59/cwt145.00–151.0070110
HeifersMedium and Large 1516142.87/cwt138.00–149.0073711
HeifersMedium and Large 1421149.25/cwt145.00–155.0062818
HeifersMedium and Large 1Value Added426156.66/cwt155.00–157.006676
HeifersMedium and Large 1Value Added760118.00/cwt118.00–118.0089710
HeifersMedium and Large 1Value Added655129.00/cwt129.00–129.0084520
HeifersMedium and Large 2530120.00/cwt120.00–120.006361
HeifersMedium and Large 2370132.47/cwt130.00–135.004902
HeifersMedium and Large 2452129.98/cwt125.00–140.005883
HeifersMedium and Large 2321138.70/cwt133.00–145.004457
HeifersMedium and Large 2420129.76/cwt125.00–135.0054510
SteersMedium and Large 1765123.00/cwt123.00–123.009411
CowsLean 85-90%89532.95/cwt32.00–34.002954
CowsLean 85-90%94745.21/cwt40.00–49.0042811
CowsBoner 80-85%1,18559.27/cwt53.00–64.0070224
CowsBoner 80-85%1,03642.28/cwt38.00–45.004387
Bulls1,83187.67/cwt83.00–92.001,6057
Bulls1,41865.23/cwt62.00–70.009253
Bulls2,04397.64/cwt96.00–99.001,9952
Bred CowsMedium and Large 1-21,07065.00/cwt65.00–65.006961
Cow-Calf PairsMedium and Large 1-21,5701,310.00/cwt1,310.00–1,310.0020,5671
Cow-Calf PairsMedium and Large 1-21,173953.95/cwt900.00–990.0011,1903
SteersMedium and Large 2372148.65/cwt145.00–157.005536
SteersMedium and Large 2521135.44/cwt130.00–140.007064
SteersMedium and Large 2483141.72/cwt135.00–145.006853
SteersMedium and Large 2418142.36/cwt140.00–145.005953
SteersMedium and Large 2323152.34/cwt151.00–155.004923
SteersMedium and Large 1Value Added725126.00/cwt126.00–126.0091417
SteersMedium and Large 1Value Added825119.00/cwt119.00–119.0098210
SteersMedium and Large 1Value Added860122.00/cwt122.00–122.001,0495
SteersMedium and Large 1470163.19/cwt157.00–173.0076713
SteersMedium and Large 1425171.60/cwt163.00–180.0072912
SteersMedium and Large 1522159.64/cwt155.00–165.008339
SteersMedium and Large 1630147.26/cwt141.00–157.009287
SteersMedium and Large 1568154.59/cwt150.00–158.008785
SteersMedium and Large 1720124.33/cwt120.00–129.008953
SteersMedium and Large 1375178.93/cwt175.00–183.006713
SteersMedium and Large 1333176.37/cwt173.00–180.005872

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.