Sale reports / Arkansas / Hope Livestock Auction Inc. / 2020-04-30

Hope Livestock Auction Inc.

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Hope, Arkansas · Thu, Apr 30
● Final47 lots reportedUSDA AMS · slug 2058
Feeder Cattle receipts
508 head
217 vs last sale 291 508 vs year ago 0 · no sale a year ago
Slaughter Cattle receipts
102 head
22 vs last sale 80 102 vs year ago 0 · no sale a year ago
Replacement Cattle receipts
15 head
15 vs last sale 0 15 vs year ago 0 · no sale a year ago
View

Reporter comment USDA

As filed

Compared to two weeks ago: Feeder steers 10.00-20.00 lower; under 400 lbs. 25.00 lower. Feeder heifers 10.00-16.00 lower. Slaughter cows steady to 2.00 higher. Slaughter bulls 1.00-3.00 higher. Quality was plain to average. Buyer activity was limited.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $126.16/cwt on 115 head.
Average price
$126.16
115 head · 526 lb average
Value per head Derived
$664
Price × average weight ÷ 100
Grade differential Derived
$179
per head · Medium and Large 1 over Medium and Large 2
$8.11/cwt at this weight
vs the market
18.44
vs AR average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1537126.94681104
Medium and Large 2423118.8350311thin
One grade step is worth $8.11/cwt here — about $179 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
126.16
AR average9 barns · 1,221 hd
144.61
−18.44
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
BullsAverage1,63484.351,3798thin
CowsBoner 80-85%Average1,16952.9761920
CowsLean 85-90%Average94744.104189thin

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
SteersMedium and Large 1523133.02/cwt127.00–139.0069621
SteersMedium and Large 1571125.58/cwt120.00–134.0071711
SteersMedium and Large 1721103.37/cwt100.00–107.007458
SteersMedium and Large 1609118.89/cwt117.00–124.007248
SteersMedium and Large 1424135.55/cwt132.00–139.005758
CowsLean 85-90%1,01847.82/cwt46.00–50.004876
CowsLean 85-90%80536.65/cwt36.00–37.002953
SteersMedium and Large 1773100.66/cwt100.00–102.007783
HeifersMedium and Large 2310114.62/cwt110.00–119.003553
HeifersMedium and Large 2415105.54/cwt104.00–107.004382
HeifersMedium and Large 2455100.00/cwt100.00–100.004551
HeifersMedium and Large 2365110.00/cwt110.00–110.004021
HeifersMedium and Large 1520114.33/cwt105.00–122.0059519
HeifersMedium and Large 1417123.47/cwt118.00–125.0051510
HeifersMedium and Large 1617102.80/cwt95.00–107.006349
HeifersMedium and Large 166894.71/cwt90.00–103.006337
HeifersMedium and Large 1559107.15/cwt105.00–110.005997
HeifersMedium and Large 1463117.97/cwt115.00–123.005466
HeifersMedium and Large 1381127.13/cwt125.00–130.004845
HeifersMedium and Large 1327137.46/cwt135.00–142.004493
HeifersMedium and Large 170590.96/cwt85.00–97.006412
BullsMedium and Large 1570114.00/cwt105.00–122.006506
BullsMedium and Large 1477120.56/cwt115.00–125.005755
BullsMedium and Large 1528121.45/cwt119.00–125.006414
BullsMedium and Large 1680103.64/cwt98.00–113.007053
BullsMedium and Large 1617106.72/cwt100.00–115.006583
BullsMedium and Large 173586.01/cwt85.00–87.006322
BullsMedium and Large 175585.00/cwt85.00–85.006421
CowsBoner 80-85%1,19154.60/cwt52.00–59.0065017
CowsBoner 80-85%1,04543.71/cwt42.00–45.004573
Bulls1,75386.49/cwt84.00–90.001,5164
Bulls1,68894.64/cwt93.00–96.001,5982
Bulls1,34369.79/cwt65.00–74.009372
Bred CowsMedium and Large 1-21,21364.97/cwt59.00–70.007883
Bred CowsMedium and Large 1-21,20565.00/cwt65.00–65.007831
Cow-Calf PairsMedium and Large 1-21,0951,125.00/cwt1,125.00–1,125.0012,3191
Cow-Calf PairsMedium and Large 1-21,363979.32/cwt900.00–1,050.0013,3486
SteersMedium and Large 2424118.45/cwt115.00–125.005027
SteersMedium and Large 2535115.00/cwt115.00–115.006151
SteersMedium and Large 2475115.00/cwt115.00–115.005461
SteersMedium and Large 2375123.00/cwt123.00–123.004611
SteersMedium and Large 2300125.00/cwt125.00–125.003751
SteersMedium and Large 1475135.23/cwt130.00–141.0064223
SteersMedium and Large 1663110.27/cwt105.00–117.007317
SteersMedium and Large 1374137.65/cwt135.00–140.005156
SteersMedium and Large 1323144.20/cwt140.00–145.004666
SteersMedium and Large 182396.34/cwt95.00–98.007933

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.