Sale reports / Arkansas / Hope Livestock Auction Inc. / 2020-09-03

Hope Livestock Auction Inc.

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Hope, Arkansas · Thu, Sep 3
● Final50 lots reportedUSDA AMS · slug 2058
Feeder Cattle receipts
608 head
▲ 241 vs last sale 367▼ 205 vs year ago 813 · −25.2%
Slaughter Cattle receipts
113 head
▲ 62 vs last sale 51▼ 29 vs year ago 142 · −20.4%
Replacement Cattle receipts
30 head
▲ 15 vs last sale 15▲ 10 vs year ago 20 · +50.0%
View

Reporter comment USDA

As filed

Compared to last week: Feeder steers 5.00-15.00 lower. Feeder heifers 4.00-10.00 lower. Slaughter cows 2.00-3.00 higher. Slaughter bulls steady. Quality was average to plain.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $133.69/cwt on 108 head.
Average price
$133.69
108 head · 501 lb average
Value per head Derived
$670
Price × average weight ÷ 100
Grade differential Derived
$192
per head · Medium and Large 1 over Medium and Large 2
$15.91/cwt at this weight
vs the market
−7.64
vs AR average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1519136.7871087
Medium and Large 2428120.8751821
One grade step is worth $15.91/cwt here — about $192 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 sale108 hd
133.69
—
AR average6 barns · 588 hd
141.33
−7.64
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—Low1,58386.701,3729thin
CowsBoner 80-85%Low1,20758.9171137
CowsBreaker 75-80%Average1,49057.528574thin
CowsLean 85-90%Average91046.2442118

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
Bulls——1,23063.00/cwt63.00–63.007751
BullsMedium and Large 1—575118.00/cwt118.00–118.006791
BullsMedium and Large 1—725107.00/cwt107.00–107.007761
BullsMedium and Large 1—673111.81/cwt106.00–115.007524
Bulls——1,65397.01/cwt96.00–98.001,6042
Bulls——1,61887.22/cwt84.00–91.001,4116
Bred CowsMedium and Large 1-2—1,2481,096.19/cwt1,050.00–1,175.0013,6803
Bred CowsMedium and Large 1-2—1,1581,308.11/cwt1,150.00–1,475.0015,1489
SteersMedium and Large 2—336133.79/cwt130.00–135.004504
Cow-Calf PairsMedium and Large 1-2—1,290995.19/cwt970.00–1,020.0012,8382
Cow-Calf PairsMedium and Large 1-2—1,2451,300.00/cwt1,300.00–1,300.0016,1851
Bred CowsMedium and Large 1-2—1,260850.00/cwt850.00–850.0010,7101
Bred CowsMedium and Large 1-2—1,230800.00/cwt800.00–800.009,8401
Bred CowsMedium and Large 1-2—1,3401,150.00/cwt1,150.00–1,150.0015,4101
SteersMedium and Large 1—350145.00/cwt145.00–145.005081
SteersMedium and Large 1—775122.96/cwt120.00–126.009532
SteersMedium and Large 1—724123.36/cwt120.00–126.008936
SteersMedium and Large 2—518112.81/cwt110.00–115.005845
SteersMedium and Large 2—423118.68/cwt115.00–124.005026
SteersMedium and Large 2—465115.66/cwt115.00–117.005383
SteersMedium and Large 1—673125.20/cwt120.00–128.0084311
SteersMedium and Large 1—320167.27/cwt152.00–178.0053515
SteersMedium and Large 1—474137.23/cwt130.00–139.0065017
SteersMedium and Large 2—377126.66/cwt125.00–130.004783
SteersMedium and Large 1—615123.18/cwt120.00–128.007587
CowsBoner 80-85%—1,02245.64/cwt44.00–48.004663
CowsLean 85-90%—94048.96/cwt45.00–52.0046014
CowsLean 85-90%—80436.74/cwt35.00–39.002954
BullsMedium and Large 1—521117.53/cwt114.00–120.006124
BullsMedium and Large 1—82588.00/cwt88.00–88.007261
BullsMedium and Large 1—608109.60/cwt106.00–112.006665
HeifersMedium and Large 2—527104.64/cwt103.00–106.005513
HeifersMedium and Large 2—375113.50/cwt112.00–115.004262
HeifersMedium and Large 2—300110.00/cwt110.00–110.003301
CowsBreaker 75-80%—1,49057.52/cwt56.00–58.008574
CowsBoner 80-85%—1,19259.51/cwt56.00–63.0070931
CowsBoner 80-85%—1,54866.04/cwt65.00–67.001,0223
HeifersMedium and Large 1—571118.59/cwt114.00–124.0067720
HeifersMedium and Large 1—619118.33/cwt107.00–124.0073215
HeifersMedium and Large 1—518117.36/cwt113.00–123.0060813
HeifersMedium and Large 1—429123.24/cwt119.00–131.005296
HeifersMedium and Large 1—471120.19/cwt117.00–125.005665
HeifersMedium and Large 1—681117.44/cwt113.00–123.008004
SteersMedium and Large 1—572124.99/cwt124.00–126.0071511
SteersMedium and Large 1—428143.01/cwt135.00–155.006129
HeifersMedium and Large 1—374129.73/cwt125.00–137.004854
HeifersMedium and Large 1—324137.55/cwt130.00–145.004464
HeifersMedium and Large 2—465108.93/cwt106.00–111.005073
HeifersMedium and Large 2—420114.00/cwt113.00–115.004792
SteersMedium and Large 1—524128.18/cwt125.00–137.006728

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.