Sale reports / Arkansas / Hope Livestock Auction Inc. / 2020-08-06

Hope Livestock Auction Inc.

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Hope, Arkansas · Thu, Aug 6
● Final59 lots reportedUSDA AMS · slug 2058
Feeder Cattle receipts
688 head
29 vs last sale 717 27 vs year ago 661 · +4.1%
Slaughter Cattle receipts
161 head
86 vs last sale 75 38 vs year ago 123 · +30.9%
Replacement Cattle receipts
25 head
15 vs last sale 10 5 vs year ago 20 · +25.0%
View

Reporter comment USDA

As filed

Compared to last week: Feeder steers under 400 lbs. 4.00-5.00 lower; over 400 lbs. steady to 3.00 higher. Feeder heifers steady. Slaughter cows 3.00-5.00 lower. Slaughter bulls steady. Quality was average. Also sold two loads of preconditioned cattle on video.

Weight class

Heifers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb heifers averaged $128.46/cwt on 215 head.
Average price
$128.46
215 head · 662 lb average
Value per head Derived
$850
Price × average weight ÷ 100
Grade differential Derived
$334
per head · Medium and Large 1 over Medium and Large 2
$9.25/cwt at this weight
vs the market
6.83
vs AR average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1676129.02872202
Medium and Large 2449119.7753813thin
One grade step is worth $9.25/cwt here — about $334 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 sale215 hd
128.46
AR average9 barns · 2,224 hd
135.29
−6.83
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
BullsAverage1,77781.981,4567thin
CowsBreaker 75-80%Average1,40065.009102thin
CowsBoner 80-85%Average1,18860.5972067
CowsLean 85-90%Average91846.6142823

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 1520131.09/cwt127.00–134.0068215
HeifersMedium and Large 1563128.32/cwt125.00–133.0072213
HeifersMedium and Large 1634125.40/cwt120.00–129.0079512
HeifersMedium and Large 1423136.01/cwt133.00–139.005757
HeifersMedium and Large 1461132.34/cwt130.00–137.006106
HeifersMedium and Large 1384142.44/cwt140.00–147.005475
HeifersMedium and Large 1678125.26/cwt123.00–126.008494
HeifersMedium and Large 1338141.28/cwt139.00–146.004783
HeifersMedium and Large 1730118.47/cwt117.00–120.008652
HeifersMedium and Large 184097.00/cwt97.00–97.008151
HeifersMedium and Large 1Fleshy545123.00/cwt123.00–123.006701
BullsMedium and Large 1575128.20/cwt124.00–133.007379
BullsMedium and Large 1528136.49/cwt132.00–145.007219
BullsMedium and Large 1478140.93/cwt137.00–147.006746
BullsMedium and Large 1683120.48/cwt119.00–122.008232
BullsMedium and Large 1630123.50/cwt123.00–124.007782
BullsMedium and Large 1750107.00/cwt107.00–107.008031
BullsMedium and Large 1710115.00/cwt115.00–115.008171
Cow-Calf PairsMedium and Large 1-21,155875.00/cwt875.00–875.0010,1061
SteersMedium and Large 2430137.19/cwt133.00–145.0059010
SteersMedium and Large 2464134.70/cwt131.00–140.006254
SteersMedium and Large 2332143.32/cwt135.00–150.004763
SteersMedium and Large 2575121.00/cwt120.00–122.006962
SteersMedium and Large 2528127.49/cwt125.00–130.006732
SteersMedium and Large 2635115.00/cwt115.00–115.007301
SteersMedium and Large 1Value Added455160.00/cwt160.00–160.007285
SteersMedium and Large 1Value Added440165.00/cwt165.00–165.007265
SteersMedium and Large 1615136.74/cwt130.00–142.0084122
SteersMedium and Large 1518147.14/cwt144.00–151.0076218
SteersMedium and Large 1568139.91/cwt134.00–145.0079516
SteersMedium and Large 1424162.15/cwt155.00–173.0068816
SteersMedium and Large 1471153.41/cwt146.00–160.0072312
SteersMedium and Large 1667131.60/cwt125.00–135.008788
SteersMedium and Large 1381168.24/cwt165.00–173.006417
SteersMedium and Large 1718127.84/cwt125.00–132.009185
SteersMedium and Large 1822121.37/cwt120.00–124.009983
SteersMedium and Large 1340173.94/cwt170.00–178.005912
HeifersMedium and Large 2528116.01/cwt112.00–120.006134
HeifersMedium and Large 2332123.34/cwt120.00–125.004093
HeifersMedium and Large 2473117.49/cwt115.00–120.005562
HeifersMedium and Large 2428125.00/cwt125.00–125.005352
HeifersMedium and Large 2555115.00/cwt115.00–115.006381
CowsLean 85-90%95849.89/cwt43.00–55.0047818
CowsLean 85-90%77634.82/cwt30.00–40.002705
CowsBreaker 75-80%1,40065.00/cwt65.00–65.009102
CowsBoner 80-85%1,20962.21/cwt57.00–68.0075253
CowsBoner 80-85%1,01146.09/cwt40.00–50.004669
CowsBoner 80-85%1,28669.55/cwt68.00–72.008945
Bulls1,94288.15/cwt85.00–92.001,7123
Bulls1,55570.46/cwt65.00–75.001,0963
Bulls1,94598.00/cwt98.00–98.001,9061
Bred CowsMedium and Large 1-21,229985.84/cwt900.00–1,250.0012,1165
Bred CowsMedium and Large 1-21,310900.00/cwt900.00–900.0011,7901
Bred CowsMedium and Large 1-21,040875.00/cwt875.00–875.009,1001
Bred CowsMedium and Large 1-21,155770.00/cwt770.00–770.008,8941
Cow-Calf PairsMedium and Large 1-21,2851,075.00/cwt1,075.00–1,075.0013,8141
HeifersMedium and Large 2375123.00/cwt123.00–123.004611
HeifersMedium and Large 1Value Added750128.50/cwt128.50–128.50964128
HeifersMedium and Large 1Value Added710127.00/cwt127.00–127.009025

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.