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
Bulls—Low1,64869.581,14712
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 1—577111.48/cwt107.00–120.0064310
BullsMedium and Large 1—667106.54/cwt100.00–111.007117
BullsMedium and Large 1—516116.45/cwt111.00–120.006017
HeifersMedium and Large 2—522100.96/cwt100.00–103.005273
HeifersMedium and Large 1—671110.01/cwt109.00–111.007384
HeifersMedium and Large 1—427118.57/cwt115.00–122.005067
HeifersMedium and Large 1—371122.29/cwt120.00–130.004545
HeifersMedium and Large 1—517112.92/cwt110.00–125.0058415
HeifersMedium and Large 1—468115.56/cwt114.00–120.0054112
SteersMedium and Large 1—569121.62/cwt119.00–127.006928
HeifersMedium and Large 1—323123.49/cwt122.00–125.003992
SteersMedium and Large 1Value Added—655124.00/cwt124.00–124.008123
BullsMedium and Large 1—461121.72/cwt119.00–126.005614
BullsMedium and Large 1—625109.98/cwt107.00–113.006872
BullsMedium and Large 1—76097.00/cwt97.00–97.007371
HeifersMedium and Large 1—568109.97/cwt105.00–115.006257
SteersMedium and Large 1—313147.81/cwt142.00–150.004636
SteersMedium and Large 1—420139.79/cwt134.00–145.0058721
Cow-Calf PairsMedium and Large 1-2—1,2731,124.87/cwt1,100.00–1,150.0014,3203
Cow-Calf PairsMedium and Large 1-2—1,261843.19/cwt775.00–900.0010,6334
Cow-Calf PairsMedium and Large 1-2—1,2101,025.00/cwt1,025.00–1,025.0012,4031
Stock CowsMedium and Large 1-2—88364.41/cwt61.00–70.005695
Bred CowsMedium and Large 1-2—1,022933.64/cwt750.00–1,050.009,5428
Bred CowsMedium and Large 1-2—1,0401,180.89/cwt1,125.00–1,250.0012,2812
Bred CowsMedium and Large 1-2—1,211854.56/cwt800.00–950.0010,3495
Bred CowsMedium and Large 1-2—1,068687.88/cwt675.00–700.007,3472
Bred CowsMedium and Large 1-2—1,135739.95/cwt700.00–800.008,3984
CowsLean 85-90%—91022.00/cwt22.00–22.002001
CowsBoner 80-85%—1,02334.70/cwt30.00–38.0035510
Bulls——1,38959.55/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
Bulls——1,77874.60/cwt71.00–80.001,3268
SteersMedium and Large 1Value Added—625124.00/cwt124.00–124.007754
SteersMedium and Large 1—468134.23/cwt130.00–137.006285
HeifersMedium and Large 1—725107.04/cwt105.00–109.007762
HeifersMedium and Large 2—475102.96/cwt100.00–105.004895
SteersMedium and Large 2—362123.70/cwt120.00–125.004486
HeifersMedium and Large 2—328110.00/cwt110.00–110.003613
SteersMedium and Large 1—625118.81/cwt115.00–122.0074310
SteersMedium and Large 1—383143.55/cwt135.00–150.005506
SteersMedium and Large 1—708116.32/cwt115.00–118.008243
SteersMedium and Large 2—428120.00/cwt120.00–120.005142
SteersMedium and Large 2—321125.00/cwt125.00–125.004014
SteersMedium and Large 2—513110.03/cwt105.00–115.005643
HeifersMedium and Large 1—633109.25/cwt105.00–115.006928
SteersMedium and Large 1—516126.76/cwt122.00–130.0065414
SteersMedium and Large 1—660116.91/cwt114.00–120.0077212
HeifersMedium and Large 2—426106.01/cwt104.00–110.004528
SteersMedium and Large 2—470115.00/cwt115.00–115.005414
HeifersMedium and Large 2—363110.00/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.