Sale reports / Arkansas / Hope Livestock Auction Inc. / 2020-08-27

Hope Livestock Auction Inc.

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Hope, Arkansas · Thu, Aug 27
● Final46 lots reportedUSDA AMS · slug 2058
Feeder Cattle receipts
367 head
200 vs last sale 567 734 vs year ago 1,101 · 66.7%
Slaughter Cattle receipts
51 head
3 vs last sale 48 76 vs year ago 127 · 59.8%
Replacement Cattle receipts
15 head
5 vs last sale 10 10 vs year ago 25 · 40.0%
View

Reporter comment USDA

As filed

Compared to two weeks ago: Feeder steers 3.00-10.00 lower. Feeder heifers 3.00-8.00 lower. Slaughter cows 2.00-3.00 lower. Slaughter bulls steady. Quality was plain to average. Limited receipts due to inclement weather.

Weight class

Heifers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb heifers averaged $123.96/cwt on 110 head.
Average price
$123.96
110 head · 640 lb average
Value per head Derived
$793
Price × average weight ÷ 100
Grade differential Derived
$328
per head · Medium and Large 1 over Medium and Large 2
$11.45/cwt at this weight
vs the market
8.17
vs AR average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1658124.89821101
Medium and Large 2435113.444939thin
One grade step is worth $11.45/cwt here — about $328 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 sale110 hd
123.96
AR average9 barns · 1,998 hd
132.13
−8.17
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
BullsHigh1,67691.491,5344thin
CowsBoner 80-85%High1,22354.4966623
CowsLean 85-90%Low96446.634507thin

Every lot, as filed

46 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 1630119.00/cwt119.00–119.007501
BullsMedium and Large 1715109.00/cwt109.00–109.007791
BullsMedium and Large 1472135.92/cwt133.00–140.006423
BullsMedium and Large 1524125.16/cwt122.00–130.006564
BullsMedium and Large 1673113.51/cwt110.00–115.007644
BullsMedium and Large 1555122.99/cwt120.00–127.006835
Cow-Calf PairsMedium and Large 1-21,1931,128.93/cwt1,000.00–1,225.0013,4684
Bred CowsMedium and Large 1-21,230850.00/cwt850.00–850.0010,4551
Bred CowsMedium and Large 1-21,270975.00/cwt975.00–975.0012,3831
Bred CowsMedium and Large 1-21,135894.05/cwt875.00–900.0010,1474
SteersMedium and Large 1572134.58/cwt130.00–138.007703
SteersMedium and Large 1325172.59/cwt165.00–180.005616
SteersMedium and Large 1674126.99/cwt125.00–132.008566
SteersMedium and Large 1369162.97/cwt160.00–168.006017
SteersMedium and Large 2590118.00/cwt118.00–118.006961
Cow-Calf PairsMedium and Large 1-21,265950.00/cwt950.00–950.0012,0181
SteersMedium and Large 2415131.04/cwt125.00–135.005448
SteersMedium and Large 1640131.70/cwt127.00–136.008433
SteersMedium and Large 1529139.72/cwt137.00–145.007394
SteersMedium and Large 1700122.00/cwt122.00–122.008541
SteersMedium and Large 1430159.94/cwt155.00–165.006882
SteersMedium and Large 1470144.98/cwt142.00–148.006813
HeifersMedium and Large 1725124.00/cwt124.00–124.0089970
HeifersMedium and Large 2585111.00/cwt111.00–111.006491
HeifersMedium and Large 2421112.00/cwt110.00–115.004724
SteersMedium and Large 2488123.98/cwt123.00–125.006052
SteersMedium and Large 2376137.98/cwt130.00–145.005195
SteersMedium and Large 2517122.73/cwt119.00–127.006355
HeifersMedium and Large 2355117.00/cwt117.00–117.004151
HeifersMedium and Large 2465113.00/cwt113.00–113.005251
HeifersMedium and Large 2520117.00/cwt117.00–117.006081
HeifersMedium and Large 1345139.00/cwt139.00–139.004801
HeifersMedium and Large 1375136.84/cwt131.00–143.005132
HeifersMedium and Large 1570122.61/cwt121.00–125.006998
CowsLean 85-90%86534.00/cwt34.00–34.002941
HeifersMedium and Large 1529124.45/cwt123.00–127.006584
HeifersMedium and Large 1623120.25/cwt118.00–122.007494
HeifersMedium and Large 1425130.32/cwt125.00–140.005546
HeifersMedium and Large 1478130.01/cwt127.00–135.006216
HeifersMedium and Large 2305115.00/cwt115.00–115.003511
Bulls1,65095.00/cwt95.00–95.001,5681
Bulls1,68590.32/cwt88.00–92.001,5223
CowsLean 85-90%98148.74/cwt45.00–51.004786
CowsBoner 80-85%1,28564.00/cwt64.00–64.008221
CowsBoner 80-85%1,03642.26/cwt40.00–45.004384
CowsBoner 80-85%1,26156.68/cwt53.00–60.0071518

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.