Sale reports / Arkansas / Hope Livestock Auction Inc. / 2020-09-24

Hope Livestock Auction Inc.

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Hope, Arkansas · Thu, Sep 24
● Final54 lots reportedUSDA AMS · slug 2058
Feeder Cattle receipts
518 head
▼ 246 vs last sale 764▼ 960 vs year ago 1,478 · −65.0%
Slaughter Cattle receipts
87 head
▼ 31 vs last sale 118▼ 154 vs year ago 241 · −63.9%
Replacement Cattle receipts
10 head
▼ 5 vs last sale 15▼ 20 vs year ago 30 · −66.7%
View

Reporter comment USDA

As filed

Compared to last week: Feeder steers 2.00-3.00 lower. Feeder heifers under 600 lbs. 2.00-5.00 lower; over 600 lbs. 1.00-2.00 higher. Slaughter cows 5.00-8.00 lower. Slaughter bulls 5.00 lower. Quality was plain to average. Slaughter cattle had limited buyer partiicipation. Weaned cattle sold at a premium over fresh calves straight off cows. Wet weather caused limitied receipts.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $141.30/cwt on 177 head.
Average price
$141.30
177 head · 592 lb average
Value per head Derived
$837
Price × average weight ÷ 100
Grade differential Derived
$311
per head · Medium and Large 1 over Medium and Large 2
$7.70/cwt at this weight
vs the market
−0.67
vs AR average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1611142.04868160
Medium and Large 2415134.3555717thin
One grade step is worth $7.70/cwt here — about $311 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 sale177 hd
141.30
—
AR average9 barns · 1,274 hd
141.97
−0.67
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—Low1,45067.009721thin
CowsBoner 80-85%Average1,14645.1651818
CowsLean 85-90%Average94439.6937515

Every lot, as filed

54 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—80591.00/cwt90.00–92.007332
HeifersMedium and Large 1—713114.46/cwt112.00–117.008162
HeifersMedium and Large 1—91080.00/cwt80.00–80.007281
HeifersMedium and Large 1—88590.00/cwt90.00–90.007971
HeifersMedium and Large 1—76592.00/cwt92.00–92.007041
HeifersMedium and Large 1Fleshy—540112.00/cwt112.00–112.006052
HeifersMedium and Large 1Fleshy—575110.00/cwt110.00–110.006331
HeifersMedium and Large 1—469124.24/cwt122.00–125.005838
HeifersMedium and Large 1—377136.29/cwt130.00–141.005148
HeifersMedium and Large 1—679119.18/cwt115.00–123.008096
HeifersMedium and Large 1—556120.17/cwt118.00–122.006686
HeifersMedium and Large 1—414128.46/cwt125.00–132.005326
HeifersMedium and Large 1—633119.62/cwt117.00–124.007573
HeifersMedium and Large 1Fleshy—465115.00/cwt115.00–115.005351
BullsMedium and Large 1—573122.51/cwt119.00–125.0070210
BullsMedium and Large 1—478132.35/cwt130.00–135.006338
BullsMedium and Large 1—534124.70/cwt122.00–127.006667
BullsMedium and Large 1—669116.72/cwt115.00–119.007814
BullsMedium and Large 1—633115.25/cwt114.00–117.007304
BullsMedium and Large 1—86091.00/cwt91.00–91.007831
BullsMedium and Large 1—710117.00/cwt117.00–117.008311
SteersMedium and Large 2—378138.74/cwt135.00–142.005246
SteersMedium and Large 2—470125.00/cwt125.00–125.005882
SteersMedium and Large 2—525122.00/cwt122.00–122.006411
SteersMedium and Large 2—335145.00/cwt145.00–145.004861
SteersMedium and Large 1Value Added—750137.00/cwt137.00–137.001,02867
SteersMedium and Large 1Value Added—495160.00/cwt160.00–160.007925
SteersMedium and Large 1Value Added—665132.00/cwt132.00–132.008783
SteersMedium and Large 1—532136.61/cwt130.00–145.0072715
SteersMedium and Large 1—428156.39/cwt150.00–165.0066913
SteersMedium and Large 1—475150.72/cwt145.00–158.0071611
SteersMedium and Large 1—377167.83/cwt160.00–175.0063311
SteersMedium and Large 1—673126.08/cwt123.00–130.0084910
SteersMedium and Large 1—627126.49/cwt125.00–129.007938
SteersMedium and Large 1—560131.28/cwt127.00–135.007357
SteersMedium and Large 1—317172.64/cwt165.00–185.005477
SteersMedium and Large 1—730126.01/cwt125.00–127.009202
SteersMedium and Large 1—840113.00/cwt113.00–113.009491
HeifersMedium and Large 2—323121.34/cwt115.00–125.003924
HeifersMedium and Large 2—372118.41/cwt115.00–120.004403
HeifersMedium and Large 2—430115.00/cwt115.00–115.004952
HeifersMedium and Large 2—550109.00/cwt109.00–109.006001
HeifersMedium and Large 2—525115.00/cwt115.00–115.006041
HeifersMedium and Large 2—495110.00/cwt110.00–110.005451
HeifersMedium and Large 1—515122.28/cwt120.00–125.0063018
CowsLean 85-90%—97040.74/cwt37.00–45.0039513
CowsLean 85-90%—77532.83/cwt31.00–35.002542
CowsBoner 80-85%—1,16748.32/cwt45.00–53.0056413
CowsBoner 80-85%—1,09236.95/cwt35.00–40.004035
Bulls——1,45067.00/cwt67.00–67.009721
Bred CowsMedium and Large 1-2—940900.00/cwt900.00–900.008,4601
Cow-Calf PairsMedium and Large 1-2—1,1651,096.54/cwt1,000.00–1,175.0012,7754
Cow-Calf PairsMedium and Large 1-2—1,200900.00/cwt900.00–900.0010,8001
SteersMedium and Large 2—426133.49/cwt130.00–140.005697

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.