Sale reports / Arkansas / Hope Livestock Auction Inc. / 2020-06-11

Hope Livestock Auction Inc.

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Hope, Arkansas · Thu, Jun 11
● Final56 lots reportedUSDA AMS · slug 2058
Feeder Cattle receipts
582 head
43 vs last sale 539 102 vs year ago 684 · 14.9%
Slaughter Cattle receipts
105 head
10 vs last sale 115 69 vs year ago 174 · 39.7%
Replacement Cattle receipts
15 head
10 vs last sale 25 5 vs year ago 20 · 25.0%
View

Reporter comment USDA

As filed

Compared to last week: Feeder steers 2.00-4.00 lower. Feeder heifers under 450 lbs. steady; over 450 lbs. 4.00-7.00 lower. Slaughter cows steady to 2.00 lower. Slaughter bulls steady to 1.00 lower. Buyer activity was soft. Quality was plain to average. Market as a whole was softer. Yearling type cattle still had more demand.

Weight class

Heifers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb heifers averaged $117.32/cwt on 99 head.
Average price
$117.32
99 head · 516 lb average
Value per head Derived
$606
Price × average weight ÷ 100
Grade differential Derived
$142
per head · Medium and Large 1 over Medium and Large 2
$7.75/cwt at this weight
vs the market
7.73
vs AR average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1542119.5164771
Medium and Large 2452111.7650528
One grade step is worth $7.75/cwt here — about $142 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 sale99 hd
117.32
AR average9 barns · 2,095 hd
125.04
−7.73
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
BullsHigh1,70688.191,5046thin
CowsBoner 80-85%Average1,24557.6471831
CowsBreaker 75-80%Average1,56057.008891thin
CowsLean 85-90%Average95045.8043518

Every lot, as filed

56 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 1825117.00/cwt117.00–117.009651
SteersMedium and Large 1325155.00/cwt155.00–155.005041
HeifersMedium and Large 2472111.64/cwt105.00–117.0052710
HeifersMedium and Large 2427113.89/cwt107.00–120.004868
HeifersMedium and Large 2582101.02/cwt100.00–103.005883
HeifersMedium and Large 2328117.91/cwt115.00–120.003873
HeifersMedium and Large 2520102.45/cwt100.00–105.005332
HeifersMedium and Large 2370120.00/cwt120.00–120.004442
HeifersMedium and Large 1415132.22/cwt125.00–137.0054912
HeifersMedium and Large 1715103.36/cwt100.00–111.0073911
HeifersMedium and Large 1369138.45/cwt135.00–145.0051110
HeifersMedium and Large 1614112.28/cwt107.00–115.006897
HeifersMedium and Large 1520121.45/cwt117.00–124.006327
HeifersMedium and Large 1673108.48/cwt105.00–117.007306
HeifersMedium and Large 1553118.50/cwt115.00–123.006556
HeifersMedium and Large 1468125.48/cwt123.00–130.005874
HeifersMedium and Large 1763101.48/cwt100.00–103.007742
HeifersMedium and Large 181595.00/cwt95.00–95.007741
HeifersMedium and Large 1330144.00/cwt144.00–144.004751
HeifersMedium and Large 1Fleshy520108.77/cwt105.00–115.005664
BullsMedium and Large 1528129.25/cwt125.00–133.0068212
BullsMedium and Large 1577121.38/cwt119.00–125.0070011
BullsMedium and Large 1631118.99/cwt115.00–123.007519
BullsMedium and Large 1463134.34/cwt130.00–137.006226
BullsMedium and Large 1713109.81/cwt97.00–117.007834
BullsMedium and Large 1687110.00/cwt107.00–115.007563
BullsMedium and Large 1750107.00/cwt104.00–110.008032
BullsMedium and Large 1815100.00/cwt100.00–100.008151
CowsLean 85-90%97246.96/cwt42.00–52.0045616
CowsLean 85-90%77336.51/cwt36.00–37.002822
CowsBreaker 75-80%1,56057.00/cwt57.00–57.008891
CowsBoner 80-85%1,25959.00/cwt55.00–62.0074322
CowsBoner 80-85%1,35064.43/cwt64.00–65.008705
CowsBoner 80-85%1,03641.69/cwt38.00–45.004324
Bulls1,88295.34/cwt94.00–97.001,7943
Bulls1,57084.55/cwt84.00–85.001,3272
Bulls1,45074.00/cwt74.00–74.001,0731
Bred CowsMedium and Large 1-21,240930.00/cwt930.00–930.0011,5321
Bred CowsMedium and Large 1-21,2351,000.00/cwt1,000.00–1,000.0012,3501
Bred CowsMedium and Large 1-21,208969.25/cwt910.00–1,010.0011,7095
Bred CowsMedium and Large 1-21,055880.00/cwt880.00–880.009,2841
Bred CowsMedium and Large 1-21,115810.00/cwt810.00–810.009,0321
Cow-Calf PairsMedium and Large 1-21,470950.00/cwt950.00–950.0013,9651
SteersMedium and Large 2422130.12/cwt125.00–135.005493
SteersMedium and Large 2358132.48/cwt130.00–135.004742
SteersMedium and Large 2505120.00/cwt120.00–120.006061
SteersMedium and Large 2475123.00/cwt123.00–123.005841
SteersMedium and Large 2330134.00/cwt134.00–134.004421
SteersMedium and Large 1514136.93/cwt130.00–145.0070420
SteersMedium and Large 1616129.29/cwt125.00–140.0079614
SteersMedium and Large 1567131.92/cwt130.00–134.0074812
SteersMedium and Large 1718123.61/cwt120.00–128.0088810
SteersMedium and Large 1671124.84/cwt121.00–129.008387
SteersMedium and Large 1423141.31/cwt140.00–145.005987
SteersMedium and Large 1374150.42/cwt145.00–157.005637
SteersMedium and Large 1493139.50/cwt139.00–140.006882

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.