Sale reports / Arkansas / Hope Livestock Auction Inc. / 2020-07-16

Hope Livestock Auction Inc.

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Hope, Arkansas · Thu, Jul 16
● Final53 lots reportedUSDA AMS · slug 2058
Feeder Cattle receipts
605 head
▼ 402 vs last sale 1,007▼ 237 vs year ago 842 · −28.1%
Slaughter Cattle receipts
102 head
▼ 10 vs last sale 112▲ 32 vs year ago 70 · +45.7%
Replacement Cattle receipts
30 head
▼ 15 vs last sale 45▲ 20 vs year ago 10 · +200.0%
View

Reporter comment USDA

As filed

Compared to last week: Feeder steers under 600 lbs. 4.00-8.00 higher; over 600 lbs. 2.00-4.00 higher. Feeder heifers under 500 lbs. 1.00-2.00 lower; over 500 lbs. steady to 2.00 higher. Quality was average.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $139.81/cwt on 163 head.
Average price
$139.81
163 head · 521 lb average
Value per head Derived
$728
Price × average weight ÷ 100
Grade differential Derived
$172
per head · Medium and Large 1 over Medium and Large 2
$13.99/cwt at this weight
vs the market
−4.22
vs AR average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1534142.30760134
Medium and Large 2458128.3158829
One grade step is worth $13.99/cwt here — about $172 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 sale163 hd
139.81
—
AR average9 barns · 1,417 hd
144.02
−4.22
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—Average1,73885.091,47911
CowsBoner 80-85%High1,22058.1270935
CowsBreaker 75-80%Average1,52956.528642thin
CowsLean 85-90%Low93847.2144313

Every lot, as filed

53 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 2—610100.00/cwt100.00–100.006101
HeifersMedium and Large 2—370116.97/cwt115.00–119.004332
HeifersMedium and Large 1—315137.00/cwt137.00–137.004321
HeifersMedium and Large 1—750113.00/cwt113.00–113.008481
HeifersMedium and Large 2—464114.61/cwt111.00–117.005325
SteersMedium and Large 1—622132.74/cwt129.00–139.0082625
SteersMedium and Large 2—325132.62/cwt130.00–135.004312
SteersMedium and Large 2—358135.98/cwt135.00–137.004872
Cow-Calf PairsMedium and Large 1-2—1,355910.00/cwt910.00–910.0012,3311
SteersMedium and Large 1—429155.08/cwt147.00–163.0066520
SteersMedium and Large 1—768120.98/cwt120.00–122.009292
SteersMedium and Large 1—665127.99/cwt125.00–131.008517
SteersMedium and Large 2—523123.26/cwt120.00–127.006457
SteersMedium and Large 2—430130.53/cwt125.00–135.0056111
SteersMedium and Large 2—570119.51/cwt119.00–120.006812
HeifersMedium and Large 2—320120.00/cwt120.00–120.003841
SteersMedium and Large 1—336165.83/cwt159.00–170.005578
SteersMedium and Large 1—384161.67/cwt155.00–167.0062110
SteersMedium and Large 1—718124.79/cwt120.00–131.0089610
SteersMedium and Large 1—481149.55/cwt141.00–157.0071913
SteersMedium and Large 1—519141.16/cwt134.00–146.0073316
HeifersMedium and Large 2—427115.84/cwt110.00–120.0049510
HeifersMedium and Large 1—527126.45/cwt120.00–133.006669
HeifersMedium and Large 1—615122.41/cwt120.00–125.0075310
HeifersMedium and Large 1—373139.26/cwt137.00–141.005197
HeifersMedium and Large 1—670120.17/cwt117.00–123.008057
HeifersMedium and Large 1—567122.59/cwt120.00–125.0069515
HeifersMedium and Large 1—473128.56/cwt124.00–136.0060815
CowsLean 85-90%—78535.66/cwt32.00–39.002802
CowsLean 85-90%—96649.31/cwt46.00–52.0047611
CowsBoner 80-85%—1,27565.00/cwt65.00–65.008292
HeifersMedium and Large 2—520113.50/cwt110.00–117.005902
HeifersMedium and Large 2—553109.00/cwt109.00–109.006032
HeifersMedium and Large 1—418136.88/cwt130.00–159.0057211
BullsMedium and Large 1—865100.00/cwt100.00–100.008651
BullsMedium and Large 1—623123.34/cwt119.00–127.007688
BullsMedium and Large 1—528129.56/cwt125.00–134.0068411
CowsBoner 80-85%—1,05846.28/cwt44.00–48.004904
CowsBoner 80-85%—1,23859.28/cwt56.00–64.0073429
CowsBreaker 75-80%—1,52956.52/cwt56.00–57.008642
SteersMedium and Large 1—565135.48/cwt130.00–144.0076523
SteersMedium and Large 2—479129.21/cwt127.00–131.006195
Bred CowsMedium and Large 1-2—1,38070.00/cwt70.00–70.009661
Bred CowsMedium and Large 1-2—1,116720.01/cwt680.00–760.008,03516
Bred CowsMedium and Large 1-2—1,19575.00/cwt75.00–75.008961
Cow-Calf PairsMedium and Large 1-2—1,6401,140.00/cwt1,140.00–1,140.0018,6961
Cow-Calf PairsMedium and Large 1-2—1,4261,083.29/cwt1,040.00–1,140.0015,4484
BullsMedium and Large 1—715117.00/cwt117.00–117.008371
BullsMedium and Large 1—578124.43/cwt120.00–128.007197
BullsMedium and Large 1—490135.51/cwt135.00–137.006644
Bulls——1,77387.03/cwt84.00–91.001,5438
Bulls——1,55872.85/cwt72.00–74.001,1352
Bulls——1,82094.00/cwt94.00–94.001,7111

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.