Sale reports / Arkansas / Hope Livestock Auction Inc. / 2020-10-22

Hope Livestock Auction Inc.

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Hope, Arkansas · Thu, Oct 22
● Final54 lots reportedUSDA AMS · slug 2058
Feeder Cattle receipts
781 head
304 vs last sale 1,085 644 vs year ago 1,425 · 45.2%
Slaughter Cattle receipts
220 head
67 vs last sale 153 129 vs year ago 349 · 37.0%
Replacement Cattle receipts
45 head
35 vs last sale 10 0 vs year ago 45 · +0.0%
View

Reporter comment USDA

As filed

Compared to last week: Feeder steers 3.00-10.00 lower. Feeder heifers under 500 lbs. 6.00-12.00 lower; over 500 lbs. 2.00-7.00 lower. Slaughter cows steady. Slaughter bulls steady to 2.00 higher. Buyer activity was limited. Quality was plain to average.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $127.77/cwt on 111 head.
Average price
$127.77
111 head · 501 lb average
Value per head Derived
$640
Price × average weight ÷ 100
Grade differential Derived
$187
per head · Medium and Large 1 over Medium and Large 2
$9.87/cwt at this weight
vs the market
3.06
vs AR average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1520129.4667492
Medium and Large 2407119.5948719thin
One grade step is worth $9.87/cwt here — about $187 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 sale111 hd
127.77
AR average9 barns · 847 hd
130.83
−3.06
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
BullsLow1,64869.581,14712
CowsBreaker 75-80%Average1,58546.007291thin
CowsBoner 80-85%Low1,20244.9854155
CowsLean 85-90%Very Low95933.8832524

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
BullsMedium and Large 1577111.48/cwt107.00–120.0064310
BullsMedium and Large 1667106.54/cwt100.00–111.007117
BullsMedium and Large 1516116.45/cwt111.00–120.006017
HeifersMedium and Large 2522100.96/cwt100.00–103.005273
HeifersMedium and Large 1671110.01/cwt109.00–111.007384
HeifersMedium and Large 1427118.57/cwt115.00–122.005067
HeifersMedium and Large 1371122.29/cwt120.00–130.004545
HeifersMedium and Large 1517112.92/cwt110.00–125.0058415
HeifersMedium and Large 1468115.56/cwt114.00–120.0054112
SteersMedium and Large 1569121.62/cwt119.00–127.006928
HeifersMedium and Large 1323123.49/cwt122.00–125.003992
SteersMedium and Large 1Value Added655124.00/cwt124.00–124.008123
BullsMedium and Large 1461121.72/cwt119.00–126.005614
BullsMedium and Large 1625109.98/cwt107.00–113.006872
BullsMedium and Large 176097.00/cwt97.00–97.007371
HeifersMedium and Large 1568109.97/cwt105.00–115.006257
SteersMedium and Large 1313147.81/cwt142.00–150.004636
SteersMedium and Large 1420139.79/cwt134.00–145.0058721
Cow-Calf PairsMedium and Large 1-21,2731,124.87/cwt1,100.00–1,150.0014,3203
Cow-Calf PairsMedium and Large 1-21,261843.19/cwt775.00–900.0010,6334
Cow-Calf PairsMedium and Large 1-21,2101,025.00/cwt1,025.00–1,025.0012,4031
Stock CowsMedium and Large 1-288364.41/cwt61.00–70.005695
Bred CowsMedium and Large 1-21,022933.64/cwt750.00–1,050.009,5428
Bred CowsMedium and Large 1-21,0401,180.89/cwt1,125.00–1,250.0012,2812
Bred CowsMedium and Large 1-21,211854.56/cwt800.00–950.0010,3495
Bred CowsMedium and Large 1-21,068687.88/cwt675.00–700.007,3472
Bred CowsMedium and Large 1-21,135739.95/cwt700.00–800.008,3984
CowsLean 85-90%91022.00/cwt22.00–22.002001
CowsBoner 80-85%1,02334.70/cwt30.00–38.0035510
Bulls1,38959.55/cwt58.00–60.008274
CowsLean 85-90%88328.12/cwt25.00–33.002488
CowsBoner 80-85%1,42353.70/cwt53.00–54.007643
CowsBoner 80-85%1,22946.81/cwt42.00–52.0057542
CowsLean 85-90%1,00237.74/cwt34.00–41.0037815
CowsBreaker 75-80%1,58546.00/cwt46.00–46.007291
Bulls1,77874.60/cwt71.00–80.001,3268
SteersMedium and Large 1Value Added625124.00/cwt124.00–124.007754
SteersMedium and Large 1468134.23/cwt130.00–137.006285
HeifersMedium and Large 1725107.04/cwt105.00–109.007762
HeifersMedium and Large 2475102.96/cwt100.00–105.004895
SteersMedium and Large 2362123.70/cwt120.00–125.004486
HeifersMedium and Large 2328110.00/cwt110.00–110.003613
SteersMedium and Large 1625118.81/cwt115.00–122.0074310
SteersMedium and Large 1383143.55/cwt135.00–150.005506
SteersMedium and Large 1708116.32/cwt115.00–118.008243
SteersMedium and Large 2428120.00/cwt120.00–120.005142
SteersMedium and Large 2321125.00/cwt125.00–125.004014
SteersMedium and Large 2513110.03/cwt105.00–115.005643
HeifersMedium and Large 1633109.25/cwt105.00–115.006928
SteersMedium and Large 1516126.76/cwt122.00–130.0065414
SteersMedium and Large 1660116.91/cwt114.00–120.0077212
HeifersMedium and Large 2426106.01/cwt104.00–110.004528
SteersMedium and Large 2470115.00/cwt115.00–115.005414
HeifersMedium and Large 2363110.00/cwt110.00–110.003992

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.