Sale reports / Arkansas / Hope Livestock Auction Inc. / 2020-05-21

Hope Livestock Auction Inc.

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Hope, Arkansas · Thu, May 21
● Final50 lots reportedUSDA AMS · slug 2058
Feeder Cattle receipts
470 head
126 vs last sale 344 197 vs year ago 667 · 29.5%
Slaughter Cattle receipts
93 head
7 vs last sale 100 20 vs year ago 113 · 17.7%
Replacement Cattle receipts
15 head
0 vs last sale 15 5 vs year ago 20 · 25.0%
View

Reporter comment USDA

As filed

Compared to last week: Feeder steers under 450 lbs. 3.00-8.00 higher; over 450 lbs. unevenly steady. Feeder heifers under 400 lbs. 5.00-10.00 higher; over 400 lbs. steady to 2.00 higher. Slaughter cows 2.00-4.00 higher. Slaughter bulls steady to 2.00 lower. Quality was average. Slaughter cattle were still in good demand.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $134.20/cwt on 126 head.
Average price
$134.20
126 head · 544 lb average
Value per head Derived
$730
Price × average weight ÷ 100
Grade differential Derived
$226
per head · Medium and Large 1 over Medium and Large 2
$7.95/cwt at this weight
vs the market
11.94
vs AR average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1563135.3276194
Medium and Large 1-2545133.6772818thin
Medium and Large 2420127.3753514thin
One grade step is worth $7.95/cwt here — about $226 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 sale126 hd
134.20
AR average9 barns · 1,547 hd
146.14
−11.94
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
BullsAverage1,67583.681,40110
CowsBoner 80-85%High1,18457.4668030
CowsBreaker 75-80%Average1,40354.507654thin
CowsLean 85-90%Average97747.5046415

Every lot, as filed

50 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 1785104.00/cwt104.00–104.008161
BullsMedium and Large 1640120.02/cwt118.00–122.007682
BullsMedium and Large 1567128.28/cwt123.00–138.007273
BullsMedium and Large 1524130.10/cwt125.00–135.006824
BullsMedium and Large 1678114.40/cwt110.00–120.007765
BullsMedium and Large 1731109.23/cwt104.00–112.007985
SteersMedium and Large 1390160.06/cwt155.00–165.006242
SteersMedium and Large 1462139.79/cwt135.00–145.006465
Cow-Calf PairsMedium and Large 1-21,4401,090.00/cwt1,090.00–1,090.0015,6961
Cow-Calf PairsMedium and Large 1-21,1251,100.00/cwt1,100.00–1,100.0012,3751
Bred CowsMedium and Large 1-21,08592.27/cwt88.00–97.001,0012
SteersMedium and Large 2458124.43/cwt120.00–129.005702
SteersMedium and Large 1330158.64/cwt152.00–170.005249
SteersMedium and Large 1672124.44/cwt120.00–126.0083611
SteersMedium and Large 1520137.16/cwt130.00–142.0071312
SteersMedium and Large 1570136.21/cwt130.00–145.0077613
SteersMedium and Large 1745122.00/cwt122.00–122.009091
SteersMedium and Large 1622130.14/cwt125.00–137.0080910
SteersMedium and Large 2520123.85/cwt120.00–128.006442
SteersMedium and Large 2373128.10/cwt125.00–132.004784
SteersMedium and Large 2422128.24/cwt120.00–133.005415
SteersMedium and Large 1775113.69/cwt110.00–114.0088113
SteersMedium and Large 2325133.00/cwt133.00–133.004321
HeifersMedium and Large 1565121.82/cwt118.00–127.0068811
HeifersMedium and Large 2510106.50/cwt105.00–108.005432
SteersMedium and Large 1-2Value Added575133.00/cwt133.00–133.0076512
SteersMedium and Large 1-2Value Added485135.00/cwt135.00–135.006556
SteersMedium and Large 1Value Added556140.76/cwt135.00–145.007839
CowsBoner 80-85%1,12065.00/cwt65.00–65.007281
CowsLean 85-90%1,00448.89/cwt47.00–53.0049113
CowsLean 85-90%79838.50/cwt38.00–39.003072
BullsMedium and Large 1468133.82/cwt129.00–141.006266
Bulls1,77388.38/cwt86.00–90.001,5677
Bulls1,44572.72/cwt68.00–78.001,0513
HeifersMedium and Large 1710103.00/cwt103.00–103.007315
HeifersMedium and Large 1433127.51/cwt125.00–130.005524
HeifersMedium and Large 1331151.54/cwt144.00–157.005024
CowsBreaker 75-80%1,40354.50/cwt54.00–55.007654
CowsBoner 80-85%1,21359.33/cwt55.00–63.0072024
CowsBoner 80-85%1,05847.00/cwt46.00–48.004975
HeifersMedium and Large 1468128.44/cwt124.00–131.006019
HeifersMedium and Large 2422115.98/cwt115.00–117.004893
HeifersMedium and Large 2368117.36/cwt115.00–120.004323
HeifersMedium and Large 2310120.97/cwt120.00–122.003752
HeifersMedium and Large 1618116.41/cwt115.00–127.0071914
HeifersMedium and Large 1518124.34/cwt120.00–130.0064414
SteersMedium and Large 1416146.63/cwt140.00–158.006109
HeifersMedium and Large 1379138.47/cwt131.00–141.005258
HeifersMedium and Large 176396.70/cwt92.00–100.007383
HeifersMedium and Large 1670113.00/cwt113.00–113.007571

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.