Sale reports / Arkansas / Hope Livestock Auction Inc. / 2020-07-30

Hope Livestock Auction Inc.

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Hope, Arkansas · Thu, Jul 30
● Final55 lots reportedUSDA AMS · slug 2058
Feeder Cattle receipts
717 head
▲ 70 vs last sale 647▼ 58 vs year ago 775 · −7.5%
Slaughter Cattle receipts
75 head
▼ 46 vs last sale 121▼ 24 vs year ago 99 · −24.2%
Replacement Cattle receipts
10 head
▼ 30 vs last sale 40▼ 5 vs year ago 15 · −33.3%
View

Reporter comment USDA

As filed

Compared to last week: Feeder steers 2.00-5.00 higher. Feeder heifers 2.00-4.00 higher. Slaughter cows 3.00-10.00 higher. Slaughter bulls steady. Quality was average to attractive. Buyer activity was active. Had a sizeable offering of value added cattle along with a straight load of weaned heifers that were sold on video.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $142.03/cwt on 192 head.
Average price
$142.03
192 head · 555 lb average
Value per head Derived
$788
Price × average weight ÷ 100
Grade differential Derived
$217
per head · Medium and Large 1 over Medium and Large 2
$8.02/cwt at this weight
vs the market
−2.91
vs AR average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1574143.24822163
Medium and Large 2448135.2260629
One grade step is worth $8.02/cwt here — about $217 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 sale192 hd
142.03
—
AR average7 barns · 1,317 hd
144.94
−2.91
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—Average1,61777.471,2523thin
CowsBoner 80-85%Average1,21169.3984127
CowsBreaker 75-80%Average1,37560.008251thin
CowsLean 85-90%Average94747.3944912

Every lot, as filed

55 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
BullsMedium and Large 1—785107.00/cwt107.00–107.008401
BullsMedium and Large 1—720112.00/cwt112.00–112.008061
BullsMedium and Large 1—665119.00/cwt119.00–119.007911
Cow-Calf PairsMedium and Large 1-2—1,6001,500.00/cwt1,500.00–1,500.0024,0001
Cow-Calf PairsMedium and Large 1-2—1,3501,150.00/cwt1,150.00–1,150.0015,5251
Cow-Calf PairsMedium and Large 1-2—1,1351,000.00/cwt1,000.00–1,000.0011,3501
SteersMedium and Large 2—429139.50/cwt135.00–143.0059812
SteersMedium and Large 2—470131.01/cwt130.00–135.0061611
SteersMedium and Large 2—527123.05/cwt120.00–125.006483
SteersMedium and Large 2—365145.67/cwt145.00–147.005323
SteersMedium and Large 1Value Added—681137.37/cwt137.00–138.0093527
SteersMedium and Large 1Value Added—575143.00/cwt143.00–143.008227
SteersMedium and Large 1—623135.69/cwt130.00–143.0084532
SteersMedium and Large 1—573137.37/cwt125.00–144.0078720
SteersMedium and Large 1—669134.01/cwt129.00–139.0089715
SteersMedium and Large 1—522141.59/cwt136.00–149.0073915
SteersMedium and Large 1—463150.90/cwt147.00–155.0069911
SteersMedium and Large 1—430161.11/cwt155.00–167.0069310
SteersMedium and Large 1—367172.74/cwt170.00–175.006349
SteersMedium and Large 1—331177.89/cwt172.00–185.005898
SteersMedium and Large 1—717130.69/cwt128.00–138.009377
SteersMedium and Large 1—778125.51/cwt123.00–128.009762
HeifersMedium and Large 2—527117.84/cwt115.00–120.006216
HeifersMedium and Large 2—422120.47/cwt119.00–122.005086
HeifersMedium and Large 2—562112.67/cwt110.00–115.006333
HeifersMedium and Large 2—467116.98/cwt115.00–118.005463
HeifersMedium and Large 2—368120.00/cwt117.00–123.004423
CowsLean 85-90%—99352.67/cwt46.00–57.005239
CowsLean 85-90%—81031.53/cwt30.00–35.002553
CowsBreaker 75-80%—1,37560.00/cwt60.00–60.008251
CowsBoner 80-85%—1,17163.28/cwt59.00–71.0074114
CowsBoner 80-85%—1,25575.96/cwt70.00–81.0095313
Bulls——1,73588.20/cwt82.00–93.001,5302
Bulls——1,38056.00/cwt56.00–56.007731
HeifersMedium and Large 2—335125.00/cwt125.00–125.004191
HeifersMedium and Large 1Value Added—675129.50/cwt129.50–129.5087471
HeifersMedium and Large 1Replacement—900120.00/cwt120.00–120.001,0803
HeifersMedium and Large 1Replacement—568159.85/cwt155.00–165.009082
HeifersMedium and Large 1Replacement—730165.00/cwt165.00–165.001,2051
HeifersMedium and Large 1Replacement—610155.00/cwt155.00–155.009461
HeifersMedium and Large 1Replacement—515200.00/cwt200.00–200.001,0301
HeifersMedium and Large 1—570126.61/cwt124.00–129.0072217
HeifersMedium and Large 1—624124.20/cwt122.00–126.0077510
HeifersMedium and Large 1—528128.92/cwt126.00–131.0068110
HeifersMedium and Large 1—465132.40/cwt130.00–137.0061610
HeifersMedium and Large 1—425137.50/cwt132.00–140.005848
HeifersMedium and Large 1—369140.64/cwt137.00–147.005198
HeifersMedium and Large 1—326142.43/cwt140.00–145.004644
HeifersMedium and Large 1—715118.98/cwt117.00–122.008513
HeifersMedium and Large 1—850115.00/cwt115.00–115.009781
HeifersMedium and Large 1—650125.00/cwt125.00–125.008131
BullsMedium and Large 1—533133.60/cwt129.00–138.0071210
BullsMedium and Large 1—477140.97/cwt138.00–145.006725
BullsMedium and Large 1—625124.73/cwt123.00–127.007804
BullsMedium and Large 1—584127.79/cwt125.00–130.007464

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.