Sale reports / Arkansas / Hope Livestock Auction Inc. / 2020-06-18

Hope Livestock Auction Inc.

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Hope, Arkansas · Thu, Jun 18
● Final58 lots reportedUSDA AMS · slug 2058
Feeder Cattle receipts
711 head
129 vs last sale 582 65 vs year ago 646 · +10.1%
Slaughter Cattle receipts
111 head
6 vs last sale 105 92 vs year ago 203 · 45.3%
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 2.00-7.00 lower. Feeder heifers under 600 lbs. steady to 4.00 lower; over 600 lbs. 2.00-4.00 higher. Slaughter cows steady to 3.00 higher. Slaughter bulls 2.00-4.00 higher. Quality was plain to average.

Weight class

Heifers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb heifers averaged $117.03/cwt on 139 head.
Average price
$117.03
139 head · 555 lb average
Value per head Derived
$649
Price × average weight ÷ 100
Grade differential Derived
$181
per head · Medium and Large 1 over Medium and Large 2
$9.99/cwt at this weight
vs the market
7.68
vs AR average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1566118.66671110
Medium and Large 1-2635115.0073010thin
Medium and Large 2451108.6749019thin
One grade step is worth $9.99/cwt here — about $181 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 sale139 hd
117.03
AR average9 barns · 1,724 hd
124.71
−7.68
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
BullsAverage1,67986.481,4529thin
CowsBoner 80-85%Average1,20259.6271736
CowsLean 85-90%Average99246.9346610

Every lot, as filed

58 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 1680113.00/cwt110.00–117.007683
BullsMedium and Large 180097.00/cwt97.00–97.007761
BullsMedium and Large 175097.00/cwt97.00–97.007281
Bred HeifersMedium and Large 1-2766838.89/cwt810.00–870.006,4269
Bred CowsMedium and Large 1-2955940.00/cwt940.00–940.008,9771
SteersMedium and Large 2422125.00/cwt125.00–125.005283
SteersMedium and Large 2308129.86/cwt125.00–135.004003
SteersMedium and Large 2535119.50/cwt119.00–120.006392
SteersMedium and Large 2368127.07/cwt125.00–129.004682
SteersMedium and Large 2690108.00/cwt108.00–108.007451
SteersMedium and Large 2555110.00/cwt110.00–110.006111
SteersMedium and Large 2480125.00/cwt125.00–125.006001
SteersMedium and Large 1Value Added600132.92/cwt130.00–137.0079812
SteersMedium and Large 1Value Added556138.58/cwt136.00–139.007717
SteersMedium and Large 1Value Added545137.00/cwt137.00–137.007475
SteersMedium and Large 1524133.20/cwt130.00–138.0069821
SteersMedium and Large 1569131.21/cwt117.00–137.0074715
SteersMedium and Large 1618127.22/cwt122.00–133.0078613
SteersMedium and Large 1411139.69/cwt135.00–145.0057410
SteersMedium and Large 1473135.81/cwt132.00–142.006428
SteersMedium and Large 1718119.28/cwt118.00–122.008567
SteersMedium and Large 1664124.99/cwt123.00–129.008307
SteersMedium and Large 1379143.62/cwt141.00–145.005445
SteersMedium and Large 1755116.00/cwt113.00–119.008764
SteersMedium and Large 1318148.43/cwt145.00–150.004723
SteersMedium and Large 1875108.00/cwt108.00–108.009451
SteersMedium and Large 1825110.00/cwt110.00–110.009081
HeifersMedium and Large 2515105.88/cwt104.00–110.005457
HeifersMedium and Large 2471112.03/cwt110.00–115.005284
CowsLean 85-90%99246.93/cwt43.00–52.0046610
CowsBoner 80-85%1,20760.57/cwt57.00–65.0073122
CowsBoner 80-85%1,27868.26/cwt67.00–69.008728
CowsBoner 80-85%1,08144.64/cwt40.00–49.004836
Bulls1,66993.05/cwt87.00–95.001,5536
Bulls1,53560.03/cwt58.00–62.009212
Bulls2,030100.00/cwt100.00–100.002,0301
Stock CowsMedium and Large 1-285361.86/cwt58.00–65.0052810
Cow-Calf PairsMedium and Large 1-21,4751,050.00/cwt1,050.00–1,050.0015,4881
Cow-Calf PairsMedium and Large 1-21,080940.00/cwt940.00–940.0010,1521
HeifersMedium and Large 2426105.46/cwt100.00–110.004494
HeifersMedium and Large 2370113.96/cwt113.00–115.004222
HeifersMedium and Large 2320112.88/cwt111.00–115.003612
HeifersMedium and Large 1-2Value Added635115.00/cwt115.00–115.0073010
HeifersMedium and Large 1627116.47/cwt115.00–120.0073042
HeifersMedium and Large 1572118.28/cwt115.00–125.0067717
HeifersMedium and Large 1525120.98/cwt117.00–130.0063513
HeifersMedium and Large 1431128.05/cwt122.00–132.0055211
HeifersMedium and Large 1671114.14/cwt110.00–118.007667
HeifersMedium and Large 1473124.99/cwt121.00–127.005916
HeifersMedium and Large 1371128.05/cwt125.00–130.004755
HeifersMedium and Large 180597.00/cwt97.00–97.007811
HeifersMedium and Large 1710107.00/cwt107.00–107.007601
HeifersMedium and Large 1Fleshy526110.87/cwt108.00–113.005837
BullsMedium and Large 1532123.68/cwt119.00–126.006589
BullsMedium and Large 1625119.42/cwt115.00–123.007467
BullsMedium and Large 1474128.82/cwt125.00–133.006117
BullsMedium and Large 1579122.50/cwt117.00–125.007096
BullsMedium and Large 1712103.36/cwt100.00–107.007363

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.