Sale reports / Arkansas / Hope Livestock Auction Inc. / 2020-08-13

Hope Livestock Auction Inc.

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Hope, Arkansas · Thu, Aug 13
● Final50 lots reportedUSDA AMS · slug 2058
Feeder Cattle receipts
567 head
▼ 121 vs last sale 688▲ 147 vs year ago 420 · +35.0%
Slaughter Cattle receipts
48 head
▼ 113 vs last sale 161▼ 37 vs year ago 85 · −43.5%
Replacement Cattle receipts
10 head
▼ 15 vs last sale 25▼ 5 vs year ago 15 · −33.3%
View

Reporter comment USDA

As filed

Compared to last week: Feeder steers under 600 lbs. unevenly steady; over 600 lbs. 2.00-5.00 higher. Feeder heifers steady to 2.00 lower. Slaughter cows 2.00-4.00 lower. Slaughter bulls not well tested. Quality was average.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $144.61/cwt on 117 head.
Average price
$144.61
117 head · 551 lb average
Value per head Derived
$797
Price × average weight ÷ 100
Grade differential Derived
$220
per head · Medium and Large 1 over Medium and Large 2
$13.03/cwt at this weight
vs the market
−4.91
vs AR average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1562145.94820105
Medium and Large 2452132.9160012thin
One grade step is worth $13.03/cwt here — about $220 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 sale117 hd
144.61
—
AR average9 barns · 1,391 hd
149.51
−4.91
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—Average1,59278.971,2575thin
CowsBoner 80-85%Average1,24856.7070720
CowsLean 85-90%Low96243.544196thin

Every lot, as filed

50 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 1—374137.77/cwt135.00–141.005154
SteersMedium and Large 2—428137.38/cwt135.00–140.005885
SteersMedium and Large 1—673135.25/cwt130.00–140.009109
SteersMedium and Large 1—458157.27/cwt152.00–160.007208
SteersMedium and Large 1—812123.74/cwt120.00–130.001,0053
SteersMedium and Large 1—780125.96/cwt121.00–130.009823
SteersMedium and Large 1—335175.15/cwt170.00–180.005872
SteersMedium and Large 1—572139.19/cwt134.00–145.0079615
SteersMedium and Large 2—475129.00/cwt125.00–133.006132
SteersMedium and Large 2—575125.00/cwt125.00–125.007191
SteersMedium and Large 2—370138.00/cwt138.00–138.005111
SteersMedium and Large 2—340137.00/cwt137.00–137.004661
SteersMedium and Large 1—615138.22/cwt133.00–143.0085013
Bred CowsMedium and Large 1-2—1,165975.21/cwt925.00–1,000.0011,3614
SteersMedium and Large 1—373169.68/cwt160.00–177.0063313
SteersMedium and Large 1—712133.63/cwt131.00–138.0095111
SteersMedium and Large 1—523144.22/cwt139.00–156.0075411
SteersMedium and Large 1—428162.23/cwt155.00–168.0069410
SteersMedium and Large 2—523125.00/cwt125.00–125.006542
BullsMedium and Large 1—687120.34/cwt117.00–124.008273
BullsMedium and Large 1—715116.98/cwt116.00–118.008362
BullsMedium and Large 1—805101.00/cwt101.00–101.008131
BullsMedium and Large 1—579130.89/cwt125.00–135.007586
Bulls——1,65383.15/cwt80.00–85.001,3743
Bulls——1,50072.69/cwt70.00–75.001,0902
HeifersMedium and Large 1—618125.89/cwt120.00–130.0077819
HeifersMedium and Large 1—860105.00/cwt105.00–105.009031
HeifersMedium and Large 1—715116.49/cwt115.00–118.008332
HeifersMedium and Large 1—318140.55/cwt136.00–145.004473
SteersMedium and Large 1—885122.00/cwt122.00–122.001,0801
HeifersMedium and Large 2—528112.95/cwt110.00–115.005964
HeifersMedium and Large 1—424136.98/cwt135.00–139.005814
HeifersMedium and Large 1—758116.24/cwt110.00–119.008814
HeifersMedium and Large 1—473132.61/cwt130.00–138.0062710
HeifersMedium and Large 1—669123.21/cwt117.00–127.0082410
HeifersMedium and Large 1—569127.73/cwt123.00–135.0072713
CowsBoner 80-85%—1,27658.66/cwt53.00–63.0074917
HeifersMedium and Large 2—418116.80/cwt115.00–120.004885
HeifersMedium and Large 1—519130.40/cwt125.00–137.0067721
HeifersMedium and Large 2—320125.00/cwt125.00–125.004001
HeifersMedium and Large 2—373118.33/cwt115.00–120.004413
HeifersMedium and Large 2—457117.00/cwt117.00–117.005353
BullsMedium and Large 1—533135.32/cwt133.00–137.007216
BullsMedium and Large 1—628124.58/cwt118.00–128.007826
BullsMedium and Large 1—477136.41/cwt130.00–140.006518
CowsLean 85-90%—87530.00/cwt30.00–30.002631
CowsLean 85-90%—97946.25/cwt44.00–50.004535
CowsBoner 80-85%—1,08745.61/cwt45.00–47.004963
HeifersMedium and Large 1Value Added—658129.00/cwt129.00–129.008495
SteersMedium and Large 1Value Added—615143.00/cwt143.00–143.008796

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.