Sale reports / Arkansas / Hope Livestock Auction Inc. / 2020-07-23

Hope Livestock Auction Inc.

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Hope, Arkansas · Thu, Jul 23
● Final57 lots reportedUSDA AMS · slug 2058
Feeder Cattle receipts
647 head
▲ 42 vs last sale 605▼ 265 vs year ago 912 · −29.1%
Slaughter Cattle receipts
121 head
▲ 19 vs last sale 102▼ 111 vs year ago 232 · −47.8%
Replacement Cattle receipts
40 head
▲ 10 vs last sale 30▼ 40 vs year ago 80 · −50.0%
View

Reporter comment USDA

As filed

Compared to last week; Feeder steers 1.00-3.00 higher. Feeder heifers under 400 lbs. 2.00-3.00 lower; over 400 lbs. steady to 2.00 higher. Slaughter cows 1.00-3.00 higher. Slaughter bulls 2.00 higher. Quality was average to attractive.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $142.55/cwt on 137 head.
Average price
$142.55
137 head · 519 lb average
Value per head Derived
$740
Price × average weight ÷ 100
Grade differential Derived
$208
per head · Medium and Large 1 over Medium and Large 2
$10.40/cwt at this weight
vs the market
−7.35
vs AR average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1537144.22775115
Medium and Large 2424133.8256722
One grade step is worth $10.40/cwt here — about $208 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
142.55
—
AR average9 barns · 1,607 hd
149.90
−7.35
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—Average1,58186.431,3669thin
CowsBoner 80-85%Average1,18460.7171953
CowsBreaker 75-80%Average1,67060.001,0021thin
CowsLean 85-90%Average94950.5448013

Every lot, as filed

57 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—478113.48/cwt110.00–117.005422
HeifersMedium and Large 2—370122.60/cwt120.00–125.004542
HeifersMedium and Large 2—328120.00/cwt120.00–120.003942
HeifersMedium and Large 1Replacement—508157.61/cwt150.00–165.008012
HeifersMedium and Large 1—524127.75/cwt124.00–135.0066925
HeifersMedium and Large 1—575125.92/cwt121.00–128.0072424
HeifersMedium and Large 1—474128.57/cwt125.00–132.0060914
HeifersMedium and Large 1—631123.22/cwt120.00–127.007789
HeifersMedium and Large 1—673121.67/cwt120.00–123.008196
HeifersMedium and Large 1—712116.33/cwt115.00–117.008283
HeifersMedium and Large 1—415135.00/cwt135.00–135.005603
HeifersMedium and Large 1—750117.00/cwt117.00–117.008781
HeifersMedium and Large 1—350136.00/cwt136.00–136.004761
BullsMedium and Large 1—633122.65/cwt120.00–125.007766
BullsMedium and Large 1—584129.60/cwt127.00–135.007575
BullsMedium and Large 1—532133.21/cwt128.00–137.007095
BullsMedium and Large 1—473137.79/cwt135.00–140.006524
BullsMedium and Large 1—685120.68/cwt118.00–122.008273
BullsMedium and Large 1—773113.00/cwt113.00–113.008732
CowsLean 85-90%—95351.59/cwt47.00–55.0049212
CowsLean 85-90%—90038.00/cwt38.00–38.003421
CowsBreaker 75-80%—1,67060.00/cwt60.00–60.001,0021
CowsBoner 80-85%—1,18060.40/cwt55.00–64.0071337
CowsBoner 80-85%—1,25166.16/cwt65.00–67.0082812
CowsBoner 80-85%—1,01847.17/cwt45.00–50.004804
Bulls——1,58589.69/cwt87.00–92.001,4227
Bulls——1,56575.00/cwt75.00–75.001,1742
Bred CowsMedium and Large 1-2—1,0271,012.78/cwt930.00–1,110.0010,4015
Bred CowsMedium and Large 1-2—870930.00/cwt930.00–930.008,0911
Bred CowsMedium and Large 1-2—955900.00/cwt900.00–900.008,5951
Bred CowsMedium and Large 1-2—1,093968.79/cwt880.00–1,080.0010,5894
Bred CowsMedium and Large 1-2—1,218955.03/cwt900.00–1,000.0011,6322
Bred CowsMedium and Large 1-2—1,000830.00/cwt830.00–830.008,3001
Bred CowsMedium and Large 1-2—1,149805.14/cwt730.00–850.009,2515
Bred CowsMedium and Large 1-2—1,166841.02/cwt800.00–850.009,8067
Bred CowsMedium and Large 1-2—1,28068.51/cwt68.00–69.008772
Cow-Calf PairsMedium and Large 1-2—1,2151,142.17/cwt1,100.00–1,180.0013,8773
Cow-Calf PairsMedium and Large 1-2—1,245945.33/cwt850.00–1,040.0011,7696
SteersMedium and Large 2—426133.58/cwt130.00–138.005697
SteersMedium and Large 2—375137.81/cwt135.00–140.005176
SteersMedium and Large 2—333142.52/cwt140.00–145.004754
SteersMedium and Large 2—580118.99/cwt117.00–120.006903
SteersMedium and Large 2—540120.00/cwt120.00–120.006481
SteersMedium and Large 2—475135.00/cwt135.00–135.006411
SteersMedium and Large 1—574136.84/cwt130.00–143.0078524
SteersMedium and Large 1—525142.61/cwt139.00–150.0074914
SteersMedium and Large 1—471149.79/cwt145.00–155.0070614
SteersMedium and Large 1—670131.83/cwt130.00–135.0088313
SteersMedium and Large 1—617133.82/cwt130.00–138.0082613
SteersMedium and Large 1—420158.44/cwt151.00–165.0066513
SteersMedium and Large 1—377168.03/cwt161.00–173.0063313
SteersMedium and Large 1—715128.97/cwt127.00–130.009224
SteersMedium and Large 1—765122.34/cwt120.00–125.009363
SteersMedium and Large 1—332167.06/cwt161.00–170.005553
SteersMedium and Large 1—810126.00/cwt126.00–126.001,0211
HeifersMedium and Large 2—418116.23/cwt115.00–120.004864
HeifersMedium and Large 2—538112.97/cwt111.00–115.006082

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.