Sale reports / Arkansas / Hope Livestock Auction Inc. / 2020-06-25

Hope Livestock Auction Inc.

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Hope, Arkansas · Thu, Jun 25
● Final59 lots reportedUSDA AMS · slug 2058
Feeder Cattle receipts
647 head
64 vs last sale 711 26 vs year ago 673 · 3.9%
Slaughter Cattle receipts
93 head
18 vs last sale 111 27 vs year ago 120 · 22.5%
Replacement Cattle receipts
20 head
5 vs last sale 15 10 vs year ago 10 · +100.0%
View

Reporter comment USDA

As filed

Compared to last week: Feeder steers 2.00-4.00 lower. Feeder heifers steady to 2.00 lower. Slaughter cows steady. Slaughter bulls steady to 1.00 lower. Quality was average. Buyer activity was soft.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $127.07/cwt on 137 head.
Average price
$127.07
137 head · 552 lb average
Value per head Derived
$701
Price × average weight ÷ 100
Grade differential Derived
$152
per head · Medium and Large 1 over Medium and Large 2
$9.33/cwt at this weight
vs the market
11.22
vs AR average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1564128.80726103
Medium and Large 1-2553124.5168916thin
Medium and Large 2480119.4657418thin
One grade step is worth $9.33/cwt here — about $152 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 sale137 hd
127.07
AR average9 barns · 2,066 hd
138.29
−11.22
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
BullsAverage1,66884.381,4079thin
CowsBreaker 75-80%Average1,43058.838413thin
CowsBoner 80-85%Average1,24557.0171027
CowsLean 85-90%Average96245.6743914

Every lot, as filed

59 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 1534120.92/cwt118.00–125.0064617
HeifersMedium and Large 1623116.40/cwt110.00–122.0072514
HeifersMedium and Large 1568118.64/cwt115.00–123.0067410
HeifersMedium and Large 1668112.45/cwt107.00–118.007519
HeifersMedium and Large 1473122.00/cwt120.00–126.005777
HeifersMedium and Large 1718104.63/cwt95.00–112.007516
HeifersMedium and Large 1323138.11/cwt135.00–143.004466
HeifersMedium and Large 1377133.61/cwt132.00–137.005045
HeifersMedium and Large 1405132.30/cwt130.00–135.005363
HeifersMedium and Large 1795107.00/cwt107.00–107.008511
BullsMedium and Large 1671110.72/cwt105.00–115.0074310
BullsMedium and Large 1464125.99/cwt122.00–128.005857
BullsMedium and Large 1531121.16/cwt120.00–122.006436
BullsMedium and Large 1718105.39/cwt99.00–109.007575
BullsMedium and Large 180583.00/cwt83.00–83.006684
BullsMedium and Large 1616114.71/cwt110.00–118.007074
BullsMedium and Large 1755102.97/cwt98.00–108.007772
BullsMedium and Large 1570118.98/cwt118.00–120.006782
Cow-Calf PairsMedium and Large 1-21,3481,086.87/cwt1,075.00–1,100.0014,6512
Cow-Calf PairsMedium and Large 1-2985850.00/cwt850.00–850.008,3731
SteersMedium and Large 2426123.32/cwt120.00–125.005257
SteersMedium and Large 2538114.26/cwt112.00–115.006154
SteersMedium and Large 2572111.71/cwt105.00–115.006393
SteersMedium and Large 2480123.32/cwt117.00–128.005923
SteersMedium and Large 2355125.00/cwt125.00–125.004441
SteersMedium and Large 1-2Value Added553124.51/cwt123.00–126.0068916
SteersMedium and Large 1531128.48/cwt125.00–140.0068221
SteersMedium and Large 1577126.50/cwt124.00–135.0073019
SteersMedium and Large 1468136.14/cwt130.00–141.0063715
SteersMedium and Large 1422140.80/cwt135.00–147.0059413
SteersMedium and Large 1723119.37/cwt115.00–122.0086312
SteersMedium and Large 1623125.22/cwt121.00–134.0078012
SteersMedium and Large 1673120.99/cwt120.00–122.008145
SteersMedium and Large 1773118.51/cwt117.00–120.009162
SteersMedium and Large 1890100.00/cwt100.00–100.008901
SteersMedium and Large 1815115.00/cwt115.00–115.009371
SteersMedium and Large 1375150.00/cwt150.00–150.005631
SteersMedium and Large 1315150.00/cwt150.00–150.004731
HeifersMedium and Large 2367118.57/cwt115.00–120.004355
HeifersMedium and Large 2525105.05/cwt100.00–110.005523
HeifersMedium and Large 2483110.61/cwt108.00–114.005343
HeifersMedium and Large 2417112.62/cwt111.00–115.004703
CowsLean 85-90%96746.49/cwt41.00–52.0045013
CowsLean 85-90%90035.00/cwt35.00–35.003151
CowsBreaker 75-80%1,43058.83/cwt57.00–60.008413
CowsBoner 80-85%1,27859.13/cwt55.00–63.0075623
CowsBoner 80-85%1,05344.84/cwt40.00–47.004724
Bulls1,78491.34/cwt85.00–98.001,6306
Bulls1,43570.46/cwt68.00–74.001,0113
Stock CowsMedium and Large 1-288070.00/cwt70.00–70.006161
Bred CowsMedium and Large 1-2950925.00/cwt925.00–925.008,7881
Bred CowsMedium and Large 1-21,04087.00/cwt87.00–87.009051
Bred CowsMedium and Large 1-295578.00/cwt78.00–78.007451
Bred CowsMedium and Large 1-21,23070.00/cwt70.00–70.008611
Bred CowsMedium and Large 1-21,07562.56/cwt60.00–65.006732
Bred CowsMedium and Large 1-21,18858.63/cwt58.00–60.006973
HeifersMedium and Large 2330120.00/cwt120.00–120.003962
HeifersMedium and Large 2555100.00/cwt100.00–100.005551
HeifersMedium and Large 1Replacement490159.51/cwt159.00–160.007822

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.