Sale reports / Arkansas / Hope Livestock Auction Inc. / 2020-05-14

Hope Livestock Auction Inc.

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Hope, Arkansas · Thu, May 14
● Final40 lots reportedUSDA AMS · slug 2058
Feeder Cattle receipts
344 head
164 vs last sale 508 344 vs year ago 0 · no sale a year ago
Slaughter Cattle receipts
100 head
2 vs last sale 102 100 vs year ago 0 · no sale a year ago
Replacement Cattle receipts
15 head
0 vs last sale 15 15 vs year ago 0 · no sale a year ago
View

Reporter comment USDA

As filed

Compared to two weeks ago: Feeder steers 5.00-15.00 higher. Feeder heifers 4.00-12.00 higher. Slaughter cows steady to 1.00 higher. Slaughter bulls 3.00-5.00 higher. Demand was good on slaughter cattle. Feeder cattle were not as active but market was considerbly stronger than last reported sale. Quality was plain to average.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $136.94/cwt on 62 head.
Average price
$136.94
62 head · 503 lb average
Value per head Derived
$688
Price × average weight ÷ 100
Grade differential Derived
$191
per head · Medium and Large 1 over Medium and Large 2
$11.18/cwt at this weight
vs the market
7.89
vs AR average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1513138.0270856
Medium and Large 2408126.845176thin
One grade step is worth $11.18/cwt here — about $191 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 sale62 hd
136.94
AR average8 barns · 741 hd
144.83
−7.89
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
BullsHigh1,58187.191,37911
CowsBreaker 75-80%Average1,35353.517242thin
CowsBoner 80-85%Low1,15751.3359425
CowsLean 85-90%Low92644.8841623

Every lot, as filed

40 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 1835100.00/cwt100.00–100.008351
BullsMedium and Large 1580126.51/cwt125.00–128.007342
BullsMedium and Large 1617124.00/cwt124.00–124.007653
BullsMedium and Large 1670115.63/cwt112.00–118.007753
BullsMedium and Large 1474127.22/cwt124.00–130.006034
BullsMedium and Large 1520125.49/cwt125.00–127.006534
SteersMedium and Large 1632131.82/cwt129.00–135.008336
Cow-Calf PairsMedium and Large 1-21,4201,085.00/cwt1,085.00–1,085.0015,4071
Bred CowsMedium and Large 1-21,02862.97/cwt60.00–65.006473
Bred CowsMedium and Large 1-21,07092.43/cwt90.00–95.009894
SteersMedium and Large 1790110.00/cwt110.00–110.008691
SteersMedium and Large 1715119.50/cwt118.00–121.008542
SteersMedium and Large 1692125.34/cwt124.00–127.008673
SteersMedium and Large 1361145.49/cwt145.00–147.005254
SteersMedium and Large 1559136.74/cwt133.00–144.007644
SteersMedium and Large 1419143.16/cwt141.00–145.006005
SteersMedium and Large 1470141.91/cwt139.00–148.0066712
SteersMedium and Large 1517137.72/cwt133.00–145.0071216
SteersMedium and Large 2313130.00/cwt130.00–130.004072
SteersMedium and Large 2435125.51/cwt125.00–126.005462
SteersMedium and Large 2475125.00/cwt125.00–125.005942
SteersMedium and Large 1315153.97/cwt152.00–155.004853
HeifersMedium and Large 1566121.84/cwt120.00–124.006906
HeifersMedium and Large 2320125.00/cwt125.00–125.004001
HeifersMedium and Large 2503105.99/cwt104.00–108.005332
HeifersMedium and Large 2427113.40/cwt110.00–115.004843
HeifersMedium and Large 1665111.49/cwt110.00–113.007412
HeifersMedium and Large 1423127.61/cwt125.00–131.005408
CowsLean 85-90%81136.55/cwt33.00–38.002967
CowsLean 85-90%97748.53/cwt45.00–53.0047416
HeifersMedium and Large 1321139.22/cwt138.00–140.004474
HeifersMedium and Large 1358132.00/cwt130.00–135.004735
HeifersMedium and Large 1463125.47/cwt123.00–127.005816
HeifersMedium and Large 1522122.82/cwt121.00–125.006416
Bulls1,74599.51/cwt99.00–100.001,7362
Bulls1,32973.95/cwt71.00–78.009834
Bulls1,71892.86/cwt88.00–97.001,5955
CowsBoner 80-85%1,03043.41/cwt40.00–45.004478
CowsBoner 80-85%1,21755.06/cwt51.00–59.0067017
CowsBreaker 75-80%1,35353.51/cwt53.00–54.007242

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.