Sale reports / Arkansas / Hope Livestock Auction Inc. / 2020-06-04

Hope Livestock Auction Inc.

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Hope, Arkansas · Thu, Jun 4
● Final52 lots reportedUSDA AMS · slug 2058
Feeder Cattle receipts
539 head
104 vs last sale 435 182 vs year ago 721 · 25.2%
Slaughter Cattle receipts
115 head
54 vs last sale 61 161 vs year ago 276 · 58.3%
Replacement Cattle receipts
25 head
90 vs last sale 115 120 vs year ago 145 · 82.8%
View

Reporter comment USDA

As filed

Compared to last week: Feeder steers 4.00-8.00 lower. Feeder heifers 1.00-4.00 lower. Slaughter cows 1.00-3.00 higher. Slaughter bulls 1.00-2.00 higher. Numerous new crop calves coming to town making the market softer. Yearling cattle still had stronger demand. Quality was average to plain. Buyer activity was soft. Slaughter cattle still have strong demand.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $139.23/cwt on 116 head.
Average price
$139.23
116 head · 497 lb average
Value per head Derived
$692
Price × average weight ÷ 100
Grade differential Derived
$200
per head · Medium and Large 1 over Medium and Large 2
$7.64/cwt at this weight
vs the market
4.89
vs AR average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1509140.02713104
Medium and Large 2388132.3851312thin
One grade step is worth $7.64/cwt here — about $200 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 sale116 hd
139.23
AR average8 barns · 2,368 hd
144.12
−4.89
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
BullsHigh1,69984.801,4418thin
CowsBoner 80-85%High1,27756.9572748
CowsBreaker 75-80%Average1,45256.708233thin
CowsLean 85-90%Average1,01848.8049713

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
HeifersMedium and Large 1Fleshy525121.00/cwt121.00–121.006353
SteersMedium and Large 1Fleshy628118.98/cwt118.00–120.007472
SteersMedium and Large 1Fleshy515133.49/cwt132.00–135.006872
Bulls1,79597.00/cwt97.00–97.001,7411
Bulls1,62567.75/cwt60.00–76.001,1012
Bulls1,71089.18/cwt85.00–94.001,5255
BullsMedium and Large 1529128.84/cwt123.00–134.006829
BullsMedium and Large 1740110.00/cwt110.00–110.008141
BullsMedium and Large 1678119.04/cwt115.00–123.008073
Cow-Calf PairsMedium and Large 1-21,3451,170.00/cwt1,170.00–1,170.0015,7371
Cow-Calf PairsMedium and Large 1-21,8401,540.00/cwt1,540.00–1,540.0028,3361
Bred CowsMedium and Large 1-21,050930.00/cwt930.00–930.009,7651
Bred CowsMedium and Large 1-21,093815.58/cwt810.00–820.008,9142
Bred CowsMedium and Large 1-21,0701,008.88/cwt970.00–1,050.0010,7952
Stock CowsMedium and Large 1-289382.34/cwt80.00–85.007353
SteersMedium and Large 2438129.48/cwt120.00–137.005673
SteersMedium and Large 1421145.67/cwt140.00–157.0061316
SteersMedium and Large 1526139.19/cwt134.00–145.0073216
SteersMedium and Large 2500121.00/cwt121.00–121.006051
SteersMedium and Large 2310135.30/cwt131.00–140.004193
Cow-Calf PairsMedium and Large 1-21,188876.21/cwt850.00–900.0010,4092
SteersMedium and Large 1468143.07/cwt140.00–149.0067010
SteersMedium and Large 1672127.59/cwt125.00–129.0085710
SteersMedium and Large 1569133.99/cwt130.00–137.0076214
SteersMedium and Large 1715118.98/cwt118.00–120.008513
SteersMedium and Large 1800112.00/cwt112.00–112.008961
SteersMedium and Large 2382134.65/cwt131.00–140.005145
HeifersMedium and Large 2515112.00/cwt112.00–112.005771
HeifersMedium and Large 1690115.00/cwt115.00–115.007941
HeifersMedium and Large 1755101.00/cwt101.00–101.007631
SteersMedium and Large 1381153.14/cwt148.00–157.005835
SteersMedium and Large 1621130.41/cwt125.00–134.008107
SteersMedium and Large 1313156.61/cwt150.00–160.0049010
HeifersMedium and Large 1310142.92/cwt139.00–147.004434
HeifersMedium and Large 1621119.49/cwt117.00–123.007428
HeifersMedium and Large 1371137.27/cwt135.00–141.005099
HeifersMedium and Large 1419131.39/cwt128.00–137.005519
HeifersMedium and Large 1518124.76/cwt122.00–129.006469
HeifersMedium and Large 1562123.06/cwt121.00–129.006926
CowsLean 85-90%1,01848.80/cwt41.00–51.0049713
CowsBoner 80-85%1,62569.00/cwt69.00–69.001,1211
HeifersMedium and Large 1473129.26/cwt125.00–137.0061112
HeifersMedium and Large 2470116.03/cwt115.00–117.005452
HeifersMedium and Large 2319120.00/cwt120.00–120.003833
HeifersMedium and Large 2423113.94/cwt110.00–117.004823
BullsMedium and Large 1464132.41/cwt130.00–135.006145
BullsMedium and Large 1626123.17/cwt120.00–128.007716
BullsMedium and Large 1574125.85/cwt119.00–129.007229
CowsBoner 80-85%1,08846.24/cwt42.00–49.005037
CowsBoner 80-85%1,30158.52/cwt53.00–63.0076140
CowsBreaker 75-80%1,45256.70/cwt50.00–61.008233
SteersMedium and Large 1Value Added481150.39/cwt147.00–155.007238

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.