Sale reports / Arkansas / Hope Livestock Auction Inc. / 2020-10-29

Hope Livestock Auction Inc.

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Hope, Arkansas · Thu, Oct 29
● Final59 lots reportedUSDA AMS · slug 2058
Feeder Cattle receipts
598 head
▼ 183 vs last sale 781▼ 153 vs year ago 751 · −20.4%
Slaughter Cattle receipts
117 head
▼ 103 vs last sale 220▼ 116 vs year ago 233 · −49.8%
Replacement Cattle receipts
25 head
▼ 20 vs last sale 45▲ 0 vs year ago 25 · +0.0%
View

Reporter comment USDA

As filed

Compared to last week: Feeder steers 2.00-6.00 higher. Feeder heifers 2.00-5.00 higher. Slaughter cows 4.00-5.00 higher. Slaughter bulls 1.00-3.00 higher. Quality was average to attractive. Buyer activity was better than past couple of weeks.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $131.85/cwt on 136 head.
Average price
$131.85
136 head · 532 lb average
Value per head Derived
$701
Price × average weight ÷ 100
Grade differential Derived
$190
per head · Medium and Large 1 over Medium and Large 2
$7.42/cwt at this weight
vs the market
+2.60
vs AR average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1545132.67723121
Medium and Large 2425125.2553315thin
One grade step is worth $7.42/cwt here — about $190 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 sale136 hd
131.85
—
AR average9 barns · 490 hd
129.25
+2.60
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—Low1,57770.001,1047thin
CowsBoner 80-85%Low1,21950.6661740
CowsLean 85-90%Low98441.5740915

Every lot, as filed

59 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—620113.34/cwt107.00–117.0070314
HeifersMedium and Large 1—523117.33/cwt115.00–120.006146
SteersMedium and Large 1—380148.51/cwt140.00–155.0056410
SteersMedium and Large 1—335149.00/cwt145.00–153.004992
SteersMedium and Large 1Value Added—450152.00/cwt152.00–152.006843
HeifersMedium and Large 1—579113.41/cwt110.00–118.006578
SteersMedium and Large 1—808112.33/cwt110.00–116.009083
SteersMedium and Large 1Value Added—560135.00/cwt135.00–135.007562
SteersMedium and Large 1—779117.96/cwt114.00–124.009196
BullsMedium and Large 1—765100.00/cwt100.00–100.007651
HeifersMedium and Large 1—713105.01/cwt103.00–107.007492
HeifersMedium and Large 1—755106.00/cwt106.00–106.008001
Cow-Calf PairsMedium and Large 1-2—1,3651,175.00/cwt1,175.00–1,175.0016,0391
SteersMedium and Large 1—614122.99/cwt120.00–127.0075510
BullsMedium and Large 1—713102.47/cwt100.00–105.007312
Cow-Calf PairsMedium and Large 1-2—1,295800.00/cwt800.00–800.0010,3601
HeifersMedium and Large 1Value Added—645119.00/cwt119.00–119.007685
HeifersMedium and Large 1—413124.35/cwt120.00–128.005146
BullsMedium and Large 1—658105.00/cwt105.00–105.006912
BullsMedium and Large 1—608112.49/cwt110.00–115.006842
HeifersMedium and Large 1—323132.21/cwt129.00–135.004272
Bred CowsMedium and Large 1-2—1,075785.01/cwt750.00–825.008,4394
Bred CowsMedium and Large 1-2—1,150680.00/cwt680.00–680.007,8201
HeifersMedium and Large 1Replacement—645129.00/cwt129.00–129.008321
Stock CowsMedium and Large 1-2—1,00059.48/cwt53.00–68.005958
Bred CowsMedium and Large 1-2—1,2251,000.00/cwt1,000.00–1,000.0012,2501
Bred CowsMedium and Large 1-2—9551,000.00/cwt1,000.00–1,000.009,5501
Bred HeifersMedium and Large 1-2—805925.00/cwt925.00–925.007,4461
Bred HeifersMedium and Large 1-2Fancy—9701,225.00/cwt1,225.00–1,225.0011,8831
HeifersMedium and Large 2—510105.00/cwt105.00–105.005361
CowsLean 85-90%—85532.00/cwt32.00–32.002741
Bulls——1,36662.94/cwt62.00–65.008603
CowsBoner 80-85%—1,03740.38/cwt37.00–44.004199
CowsBoner 80-85%—1,46458.99/cwt57.00–60.008644
CowsBoner 80-85%—1,24352.85/cwt48.00–56.0065727
SteersMedium and Large 2—530116.71/cwt115.00–120.006193
CowsLean 85-90%—99342.25/cwt38.00–45.0042014
Bulls——1,73575.29/cwt70.00–83.001,3064
HeifersMedium and Large 1—671109.43/cwt105.00–112.007344
HeifersMedium and Large 1—372127.40/cwt125.00–130.0047410
HeifersMedium and Large 2—330112.46/cwt110.00–115.003712
SteersMedium and Large 2—455120.00/cwt120.00–120.005461
SteersMedium and Large 2—625110.00/cwt110.00–110.006881
HeifersMedium and Large 2—467107.37/cwt105.00–110.005013
SteersMedium and Large 1—473137.09/cwt130.00–145.0064811
SteersMedium and Large 1—416141.24/cwt135.00–147.0058811
SteersMedium and Large 2—318132.42/cwt130.00–135.004214
HeifersMedium and Large 2—368112.62/cwt110.00–115.004142
HeifersMedium and Large 2—435107.53/cwt105.00–110.004682
HeifersMedium and Large 1—460120.51/cwt120.00–123.005546
SteersMedium and Large 1—568127.72/cwt123.00–132.0072515
SteersMedium and Large 1—664123.12/cwt120.00–126.008189
SteersMedium and Large 2—353133.99/cwt133.00–135.004732
BullsMedium and Large 1—566114.80/cwt110.00–118.006504
HeifersMedium and Large 1Replacement—550155.00/cwt155.00–155.008531
SteersMedium and Large 1Value Added—517139.05/cwt137.00–143.0071912
SteersMedium and Large 1—718121.97/cwt116.00–128.008766
SteersMedium and Large 1—521132.53/cwt128.00–140.0069021
SteersMedium and Large 2—433125.25/cwt123.00–128.005424

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.