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
BullsAverage1,58186.431,3669thin
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 2478113.48/cwt110.00–117.005422
HeifersMedium and Large 2370122.60/cwt120.00–125.004542
HeifersMedium and Large 2328120.00/cwt120.00–120.003942
HeifersMedium and Large 1Replacement508157.61/cwt150.00–165.008012
HeifersMedium and Large 1524127.75/cwt124.00–135.0066925
HeifersMedium and Large 1575125.92/cwt121.00–128.0072424
HeifersMedium and Large 1474128.57/cwt125.00–132.0060914
HeifersMedium and Large 1631123.22/cwt120.00–127.007789
HeifersMedium and Large 1673121.67/cwt120.00–123.008196
HeifersMedium and Large 1712116.33/cwt115.00–117.008283
HeifersMedium and Large 1415135.00/cwt135.00–135.005603
HeifersMedium and Large 1750117.00/cwt117.00–117.008781
HeifersMedium and Large 1350136.00/cwt136.00–136.004761
BullsMedium and Large 1633122.65/cwt120.00–125.007766
BullsMedium and Large 1584129.60/cwt127.00–135.007575
BullsMedium and Large 1532133.21/cwt128.00–137.007095
BullsMedium and Large 1473137.79/cwt135.00–140.006524
BullsMedium and Large 1685120.68/cwt118.00–122.008273
BullsMedium and Large 1773113.00/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
Bulls1,58589.69/cwt87.00–92.001,4227
Bulls1,56575.00/cwt75.00–75.001,1742
Bred CowsMedium and Large 1-21,0271,012.78/cwt930.00–1,110.0010,4015
Bred CowsMedium and Large 1-2870930.00/cwt930.00–930.008,0911
Bred CowsMedium and Large 1-2955900.00/cwt900.00–900.008,5951
Bred CowsMedium and Large 1-21,093968.79/cwt880.00–1,080.0010,5894
Bred CowsMedium and Large 1-21,218955.03/cwt900.00–1,000.0011,6322
Bred CowsMedium and Large 1-21,000830.00/cwt830.00–830.008,3001
Bred CowsMedium and Large 1-21,149805.14/cwt730.00–850.009,2515
Bred CowsMedium and Large 1-21,166841.02/cwt800.00–850.009,8067
Bred CowsMedium and Large 1-21,28068.51/cwt68.00–69.008772
Cow-Calf PairsMedium and Large 1-21,2151,142.17/cwt1,100.00–1,180.0013,8773
Cow-Calf PairsMedium and Large 1-21,245945.33/cwt850.00–1,040.0011,7696
SteersMedium and Large 2426133.58/cwt130.00–138.005697
SteersMedium and Large 2375137.81/cwt135.00–140.005176
SteersMedium and Large 2333142.52/cwt140.00–145.004754
SteersMedium and Large 2580118.99/cwt117.00–120.006903
SteersMedium and Large 2540120.00/cwt120.00–120.006481
SteersMedium and Large 2475135.00/cwt135.00–135.006411
SteersMedium and Large 1574136.84/cwt130.00–143.0078524
SteersMedium and Large 1525142.61/cwt139.00–150.0074914
SteersMedium and Large 1471149.79/cwt145.00–155.0070614
SteersMedium and Large 1670131.83/cwt130.00–135.0088313
SteersMedium and Large 1617133.82/cwt130.00–138.0082613
SteersMedium and Large 1420158.44/cwt151.00–165.0066513
SteersMedium and Large 1377168.03/cwt161.00–173.0063313
SteersMedium and Large 1715128.97/cwt127.00–130.009224
SteersMedium and Large 1765122.34/cwt120.00–125.009363
SteersMedium and Large 1332167.06/cwt161.00–170.005553
SteersMedium and Large 1810126.00/cwt126.00–126.001,0211
HeifersMedium and Large 2418116.23/cwt115.00–120.004864
HeifersMedium and Large 2538112.97/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.