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
Bulls—Average1,66884.381,4079thin
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 1—534120.92/cwt118.00–125.0064617
HeifersMedium and Large 1—623116.40/cwt110.00–122.0072514
HeifersMedium and Large 1—568118.64/cwt115.00–123.0067410
HeifersMedium and Large 1—668112.45/cwt107.00–118.007519
HeifersMedium and Large 1—473122.00/cwt120.00–126.005777
HeifersMedium and Large 1—718104.63/cwt95.00–112.007516
HeifersMedium and Large 1—323138.11/cwt135.00–143.004466
HeifersMedium and Large 1—377133.61/cwt132.00–137.005045
HeifersMedium and Large 1—405132.30/cwt130.00–135.005363
HeifersMedium and Large 1—795107.00/cwt107.00–107.008511
BullsMedium and Large 1—671110.72/cwt105.00–115.0074310
BullsMedium and Large 1—464125.99/cwt122.00–128.005857
BullsMedium and Large 1—531121.16/cwt120.00–122.006436
BullsMedium and Large 1—718105.39/cwt99.00–109.007575
BullsMedium and Large 1—80583.00/cwt83.00–83.006684
BullsMedium and Large 1—616114.71/cwt110.00–118.007074
BullsMedium and Large 1—755102.97/cwt98.00–108.007772
BullsMedium and Large 1—570118.98/cwt118.00–120.006782
Cow-Calf PairsMedium and Large 1-2—1,3481,086.87/cwt1,075.00–1,100.0014,6512
Cow-Calf PairsMedium and Large 1-2—985850.00/cwt850.00–850.008,3731
SteersMedium and Large 2—426123.32/cwt120.00–125.005257
SteersMedium and Large 2—538114.26/cwt112.00–115.006154
SteersMedium and Large 2—572111.71/cwt105.00–115.006393
SteersMedium and Large 2—480123.32/cwt117.00–128.005923
SteersMedium and Large 2—355125.00/cwt125.00–125.004441
SteersMedium and Large 1-2Value Added—553124.51/cwt123.00–126.0068916
SteersMedium and Large 1—531128.48/cwt125.00–140.0068221
SteersMedium and Large 1—577126.50/cwt124.00–135.0073019
SteersMedium and Large 1—468136.14/cwt130.00–141.0063715
SteersMedium and Large 1—422140.80/cwt135.00–147.0059413
SteersMedium and Large 1—723119.37/cwt115.00–122.0086312
SteersMedium and Large 1—623125.22/cwt121.00–134.0078012
SteersMedium and Large 1—673120.99/cwt120.00–122.008145
SteersMedium and Large 1—773118.51/cwt117.00–120.009162
SteersMedium and Large 1—890100.00/cwt100.00–100.008901
SteersMedium and Large 1—815115.00/cwt115.00–115.009371
SteersMedium and Large 1—375150.00/cwt150.00–150.005631
SteersMedium and Large 1—315150.00/cwt150.00–150.004731
HeifersMedium and Large 2—367118.57/cwt115.00–120.004355
HeifersMedium and Large 2—525105.05/cwt100.00–110.005523
HeifersMedium and Large 2—483110.61/cwt108.00–114.005343
HeifersMedium and Large 2—417112.62/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
Bulls——1,78491.34/cwt85.00–98.001,6306
Bulls——1,43570.46/cwt68.00–74.001,0113
Stock CowsMedium and Large 1-2—88070.00/cwt70.00–70.006161
Bred CowsMedium and Large 1-2—950925.00/cwt925.00–925.008,7881
Bred CowsMedium and Large 1-2—1,04087.00/cwt87.00–87.009051
Bred CowsMedium and Large 1-2—95578.00/cwt78.00–78.007451
Bred CowsMedium and Large 1-2—1,23070.00/cwt70.00–70.008611
Bred CowsMedium and Large 1-2—1,07562.56/cwt60.00–65.006732
Bred CowsMedium and Large 1-2—1,18858.63/cwt58.00–60.006973
HeifersMedium and Large 2—330120.00/cwt120.00–120.003962
HeifersMedium and Large 2—555100.00/cwt100.00–100.005551
HeifersMedium and Large 1Replacement—490159.51/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.