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
Bulls—High1,70688.191,5046thin
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 1—825117.00/cwt117.00–117.009651
SteersMedium and Large 1—325155.00/cwt155.00–155.005041
HeifersMedium and Large 2—472111.64/cwt105.00–117.0052710
HeifersMedium and Large 2—427113.89/cwt107.00–120.004868
HeifersMedium and Large 2—582101.02/cwt100.00–103.005883
HeifersMedium and Large 2—328117.91/cwt115.00–120.003873
HeifersMedium and Large 2—520102.45/cwt100.00–105.005332
HeifersMedium and Large 2—370120.00/cwt120.00–120.004442
HeifersMedium and Large 1—415132.22/cwt125.00–137.0054912
HeifersMedium and Large 1—715103.36/cwt100.00–111.0073911
HeifersMedium and Large 1—369138.45/cwt135.00–145.0051110
HeifersMedium and Large 1—614112.28/cwt107.00–115.006897
HeifersMedium and Large 1—520121.45/cwt117.00–124.006327
HeifersMedium and Large 1—673108.48/cwt105.00–117.007306
HeifersMedium and Large 1—553118.50/cwt115.00–123.006556
HeifersMedium and Large 1—468125.48/cwt123.00–130.005874
HeifersMedium and Large 1—763101.48/cwt100.00–103.007742
HeifersMedium and Large 1—81595.00/cwt95.00–95.007741
HeifersMedium and Large 1—330144.00/cwt144.00–144.004751
HeifersMedium and Large 1Fleshy—520108.77/cwt105.00–115.005664
BullsMedium and Large 1—528129.25/cwt125.00–133.0068212
BullsMedium and Large 1—577121.38/cwt119.00–125.0070011
BullsMedium and Large 1—631118.99/cwt115.00–123.007519
BullsMedium and Large 1—463134.34/cwt130.00–137.006226
BullsMedium and Large 1—713109.81/cwt97.00–117.007834
BullsMedium and Large 1—687110.00/cwt107.00–115.007563
BullsMedium and Large 1—750107.00/cwt104.00–110.008032
BullsMedium and Large 1—815100.00/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
Bulls——1,88295.34/cwt94.00–97.001,7943
Bulls——1,57084.55/cwt84.00–85.001,3272
Bulls——1,45074.00/cwt74.00–74.001,0731
Bred CowsMedium and Large 1-2—1,240930.00/cwt930.00–930.0011,5321
Bred CowsMedium and Large 1-2—1,2351,000.00/cwt1,000.00–1,000.0012,3501
Bred CowsMedium and Large 1-2—1,208969.25/cwt910.00–1,010.0011,7095
Bred CowsMedium and Large 1-2—1,055880.00/cwt880.00–880.009,2841
Bred CowsMedium and Large 1-2—1,115810.00/cwt810.00–810.009,0321
Cow-Calf PairsMedium and Large 1-2—1,470950.00/cwt950.00–950.0013,9651
SteersMedium and Large 2—422130.12/cwt125.00–135.005493
SteersMedium and Large 2—358132.48/cwt130.00–135.004742
SteersMedium and Large 2—505120.00/cwt120.00–120.006061
SteersMedium and Large 2—475123.00/cwt123.00–123.005841
SteersMedium and Large 2—330134.00/cwt134.00–134.004421
SteersMedium and Large 1—514136.93/cwt130.00–145.0070420
SteersMedium and Large 1—616129.29/cwt125.00–140.0079614
SteersMedium and Large 1—567131.92/cwt130.00–134.0074812
SteersMedium and Large 1—718123.61/cwt120.00–128.0088810
SteersMedium and Large 1—671124.84/cwt121.00–129.008387
SteersMedium and Large 1—423141.31/cwt140.00–145.005987
SteersMedium and Large 1—374150.42/cwt145.00–157.005637
SteersMedium and Large 1—493139.50/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.