Sale reports / Arkansas / Hope Livestock Auction Inc. / 2020-05-28

Hope Livestock Auction Inc.

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Hope, Arkansas · Thu, May 28
● Final52 lots reportedUSDA AMS · slug 2058
Feeder Cattle receipts
435 head
35 vs last sale 470 326 vs year ago 761 · 42.8%
Slaughter Cattle receipts
61 head
32 vs last sale 93 46 vs year ago 107 · 43.0%
Replacement Cattle receipts
115 head
100 vs last sale 15 93 vs year ago 22 · +422.7%
View

Reporter comment USDA

As filed

Compared to last week: Feeder steers over 400 lbs. 5.00-10.00 higher; under 400 lbs. 2.00 lower. Feeder heifers 2.00-4.00 higher. Slaughter cows steady to 2.00 lower. Slaughter bulls 2.00 lower. Quality was average to attractive. Buyer participation was very active on a herd sellout of young brahman cross cows. Majority of the sellout was cow-calf pairs. Market was stonger on feeder cattle.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $142.16/cwt on 72 head.
Average price
$142.16
72 head · 485 lb average
Value per head Derived
$689
Price × average weight ÷ 100
Grade differential Derived
$196
per head · Medium and Large 1 over Medium and Large 2
$12.07/cwt at this weight
vs the market
0.60
vs AR average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1515145.8575250
Medium and Large 2415133.7855622
One grade step is worth $12.07/cwt here — about $196 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 sale72 hd
142.16
AR average9 barns · 784 hd
142.76
−0.60
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
BullsAverage1,67582.051,3744thin
CowsBoner 80-85%Average1,27459.0575211
CowsBreaker 75-80%Average1,37056.007671thin
CowsLean 85-90%Average92945.444228thin

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
SteersMedium and Large 1456149.75/cwt145.00–154.006834
SteersMedium and Large 1331154.40/cwt149.00–157.005113
SteersMedium and Large 1370162.00/cwt161.00–163.005992
SteersMedium and Large 1665132.00/cwt132.00–132.008781
SteersMedium and Large 2435133.16/cwt125.00–138.005796
Cow-Calf PairsMedium and Large 1-21,2431,316.83/cwt1,190.00–1,500.0016,3688
Cow-Calf PairsMedium and Large 1-21,1501,259.74/cwt1,250.00–1,270.0014,4872
Cow-Calf PairsMedium and Large 1-21,1621,083.41/cwt1,000.00–1,170.0012,5896
Cow-Calf PairsMedium and Large 1-21,084995.96/cwt875.00–1,090.0010,7968
Cow-Calf PairsMedium and Large 1-21,3301,539.14/cwt1,475.00–1,600.0020,4712
Cow-Calf PairsMedium and Large 1-21,2071,401.61/cwt1,270.00–1,600.0016,91711
Bred CowsMedium and Large 1-21,095870.00/cwt870.00–870.009,5271
Bred CowsMedium and Large 1-29801,182.86/cwt1,080.00–1,290.0011,5922
Bred CowsMedium and Large 1-29521,016.97/cwt900.00–1,080.009,6823
Bred CowsMedium and Large 1-21,0621,267.18/cwt1,000.00–1,375.0013,45710
Bred CowsMedium and Large 1-21,0301,175.00/cwt1,175.00–1,175.0012,1031
HeifersMedium and Large 1Fleshy525117.50/cwt117.00–118.006172
Cow-Calf PairsMedium and Large 1-21,1201,370.81/cwt1,180.00–1,525.0015,3538
Stock CowsMedium and Large 1-290490.20/cwt80.00–97.0081511
Bred CowsMedium and Large 1-21,140780.00/cwt780.00–780.008,8921
BullsMedium and Large 1525132.59/cwt130.00–137.006965
BullsMedium and Large 1479135.97/cwt132.00–141.006514
BullsMedium and Large 1770107.55/cwt100.00–115.008282
BullsMedium and Large 1740106.48/cwt103.00–110.007882
BullsMedium and Large 1625126.03/cwt124.00–128.007882
BullsMedium and Large 1583130.52/cwt127.00–134.007612
HeifersMedium and Large 1Replacement530154.11/cwt150.00–158.008172
CowsLean 85-90%93846.93/cwt45.00–50.004407
CowsLean 85-90%86535.00/cwt35.00–35.003031
CowsBreaker 75-80%1,37056.00/cwt56.00–56.007671
CowsBoner 80-85%1,28460.75/cwt54.00–64.0078010
Bulls1,77286.06/cwt82.00–91.001,5253
Bulls1,38570.00/cwt70.00–70.009701
HeifersMedium and Large 1471127.49/cwt125.00–130.006006
HeifersMedium and Large 1371142.15/cwt140.00–145.005276
HeifersMedium and Large 1313148.36/cwt147.00–149.004643
HeifersMedium and Large 2327121.35/cwt118.00–125.003975
HeifersMedium and Large 1429131.90/cwt125.00–137.0056610
CowsBoner 80-85%1,17542.00/cwt42.00–42.004941
SteersMedium and Large 2525125.25/cwt124.00–127.006584
HeifersMedium and Large 2430115.00/cwt115.00–115.004952
HeifersMedium and Large 2470115.00/cwt115.00–115.005411
HeifersMedium and Large 1572123.53/cwt120.00–127.0070713
HeifersMedium and Large 1524126.50/cwt125.00–128.006638
HeifersMedium and Large 2565100.51/cwt100.00–101.005682
SteersMedium and Large 2312136.39/cwt125.00–145.004263
SteersMedium and Large 2465132.00/cwt129.00–135.006142
SteersMedium and Large 1518147.67/cwt139.00–154.0076517
SteersMedium and Large 1626134.66/cwt130.00–139.008439
SteersMedium and Large 2366138.56/cwt135.00–145.005077
SteersMedium and Large 1428151.53/cwt150.00–157.006496
SteersMedium and Large 1568142.83/cwt137.00–151.008118

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.