Sale reports / Arkansas / Hope Livestock Auction Inc. / 2020-03-12

Hope Livestock Auction Inc.

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Hope, Arkansas · Thu, Mar 12
● Final52 lots reportedUSDA AMS · slug 2058
Feeder Cattle receipts
632 head
▲ 139 vs last sale 493▲ 632 vs year ago 0 · no sale a year ago
Slaughter Cattle receipts
97 head
▼ 24 vs last sale 121▲ 97 vs year ago 0 · no sale a year ago
Replacement Cattle receipts
35 head
▲ 20 vs last sale 15▲ 35 vs year ago 0 · no sale a year ago
View

Reporter comment USDA

As filed

Compared to last week: Feeder steers 10.00-20.00 lower; instances 25.00 on steers under 450 lbs. Feeder heifers under 600 lbs. 12.00-18.00 lower; over 600 lbs. 5.00-7.00 lower. Slaughter cows 2.00-7.00 lower. Slaughter bulls 3.00-6.00 lower. Quality was plain to average. Buyers were not very active. Live cattle and feeder cattle contracts were limit down today with previous days of substantial losses.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $139.42/cwt on 98 head.
Average price
$139.42
98 head · 485 lb average
Value per head Derived
$676
Price × average weight ÷ 100
Grade differential Derived
$184
per head · Medium and Large 1 over Medium and Large 2
$11.89/cwt at this weight
vs the market
−5.24
vs AR average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1509142.4572573
Medium and Large 2414130.5654125
One grade step is worth $11.89/cwt here — about $184 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 sale98 hd
139.42
—
AR average9 barns · 1,255 hd
144.66
−5.24
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—Low1,69674.921,2716thin
CowsBreaker 75-80%Average1,40557.008012thin
CowsBoner 80-85%Low1,18749.1658314
CowsLean 85-90%Average95641.9640113

Every lot, as filed

52 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—627119.05/cwt115.00–124.007463
BullsMedium and Large 1—663118.00/cwt117.00–119.007822
CowsBoner 80-85%—1,06340.74/cwt38.00–44.004334
CowsBoner 80-85%—1,19562.00/cwt62.00–62.007411
Bulls——1,50762.67/cwt61.00–65.009443
Bulls——1,81384.75/cwt83.00–87.001,5372
Bulls——2,03092.00/cwt92.00–92.001,8681
Bred CowsMedium and Large 1-2—1,164104.31/cwt100.00–107.001,2144
Bred CowsMedium and Large 1-2—1,02085.00/cwt85.00–85.008671
Bred CowsMedium and Large 1-2—1,09493.25/cwt92.00–97.001,0205
Bred CowsMedium and Large 1-2—1,28065.00/cwt65.00–65.008321
Bred CowsMedium and Large 1-2—1,32070.00/cwt70.00–70.009241
Cow-Calf PairsMedium and Large 1-2—1,3581,449.90/cwt1,410.00–1,500.0019,6903
Cow-Calf PairsMedium and Large 1-2—1,0951,400.00/cwt1,400.00–1,400.0015,3301
Cow-Calf PairsMedium and Large 1-2—1,3711,383.02/cwt1,300.00–1,430.0018,9616
Cow-Calf PairsMedium and Large 1-2—1,2151,167.70/cwt1,050.00–1,270.0014,1882
Cow-Calf PairsMedium and Large 1-2—1,2031,009.35/cwt940.00–1,050.0012,1425
SteersMedium and Large 2—413130.12/cwt130.00–131.005378
SteersMedium and Large 2—463128.12/cwt125.00–130.005937
SteersMedium and Large 2—373131.26/cwt130.00–135.004904
SteersMedium and Large 2—318137.79/cwt135.00–140.004384
SteersMedium and Large 2—523125.00/cwt125.00–125.006542
SteersMedium and Large 1—524143.57/cwt135.00–147.0075221
SteersMedium and Large 1—567138.87/cwt132.00–145.0078715
SteersMedium and Large 1—470145.09/cwt143.00–147.0068211
SteersMedium and Large 1—616133.30/cwt130.00–137.008219
CowsLean 85-90%—99944.53/cwt40.00–48.0044510
CowsLean 85-90%—81233.39/cwt30.00–35.002713
CowsBreaker 75-80%—1,40557.00/cwt57.00–57.008012
CowsBoner 80-85%—1,24151.48/cwt50.00–54.006399
SteersMedium and Large 1—428146.15/cwt145.00–147.006267
SteersMedium and Large 1—319153.55/cwt150.00–160.004907
SteersMedium and Large 1—668128.67/cwt122.00–135.008602
SteersMedium and Large 1—375150.00/cwt150.00–150.005631
HeifersMedium and Large 2—432120.67/cwt115.00–125.005216
HeifersMedium and Large 2—516115.00/cwt115.00–115.005934
HeifersMedium and Large 2—475113.54/cwt110.00–117.005392
HeifersMedium and Large 2—355120.00/cwt120.00–120.004261
HeifersMedium and Large 2—335120.00/cwt120.00–120.004021
HeifersMedium and Large 1Value Added—500137.00/cwt137.00–137.006853
HeifersMedium and Large 1—419134.35/cwt130.00–140.0056312
HeifersMedium and Large 1—569124.01/cwt122.00–127.007068
HeifersMedium and Large 1—470131.59/cwt125.00–138.006188
HeifersMedium and Large 1—512129.30/cwt123.00–134.006627
HeifersMedium and Large 1—616121.59/cwt120.00–127.007495
HeifersMedium and Large 1—365137.99/cwt135.00–142.005044
HeifersMedium and Large 1—313146.62/cwt145.00–150.004593
HeifersMedium and Large 1—670118.00/cwt118.00–118.007911
HeifersMedium and Large 1Fleshy—480120.00/cwt120.00–120.005762
BullsMedium and Large 1—474134.86/cwt130.00–140.006397
BullsMedium and Large 1—524129.61/cwt125.00–135.006795
BullsMedium and Large 1—579122.74/cwt120.00–125.007114

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.