Sale reports / Arkansas / Hope Livestock Auction Inc. / 2020-11-12

Hope Livestock Auction Inc.

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Hope, Arkansas · Thu, Nov 12
● Final52 lots reportedUSDA AMS · slug 2058
Feeder Cattle receipts
1,310 head
▲ 1,310 vs last sale 0▲ 302 vs year ago 1,008 · +30.0%
Slaughter Cattle receipts
205 head
▲ 205 vs last sale 0▼ 69 vs year ago 274 · −25.2%
Replacement Cattle receipts
15 head
▲ 15 vs last sale 0▼ 5 vs year ago 20 · −25.0%
View

Reporter comment USDA

As filed

Compared to two weeks ago: Feeder steers under 550 lbs. 8.00-15.00 higher; over 550 lbs. 2.00-6.00 higher. Feeder heifers 4.00-8.00 higher. Slaughter cows 3.00-7.00 lower. Slaughter bulls steady to 3.00 lower. Quality was average to attractive. Buyer activity was good.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $138.14/cwt on 225 head.
Average price
$138.14
225 head · 516 lb average
Value per head Derived
$713
Price × average weight ÷ 100
Grade differential Derived
$190
per head · Medium and Large 1 over Medium and Large 2
$11.85/cwt at this weight
vs the market
−5.42
vs AR average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1536140.62754178
Medium and Large 2438128.7756447
One grade step is worth $11.85/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 sale225 hd
138.14
—
AR average9 barns · 3,059 hd
143.57
−5.42
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—Average1,62068.751,11415
CowsBoner 80-85%Average1,19944.2453045
CowsLean 85-90%Average94829.7728223

Every lot, as filed

52 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
Bred CowsMedium and Large 1-2—1,219762.31/cwt700.00–825.009,2935
Bred CowsMedium and Large 1-2—1,060925.00/cwt925.00–925.009,8051
Bred CowsMedium and Large 1-2—1,010875.00/cwt875.00–875.008,8381
Stock CowsMedium and Large 1-2—89457.09/cwt53.00–60.005107
BullsMedium and Large 1—685116.00/cwt116.00–116.007951
BullsMedium and Large 1—725109.60/cwt106.00–113.007952
HeifersMedium and Large 1—474127.09/cwt123.00–133.0060215
SteersMedium and Large 1—724123.00/cwt120.00–126.008918
SteersMedium and Large 1—333160.37/cwt157.00–165.0053411
SteersMedium and Large 1—573133.89/cwt129.00–140.0076721
BullsMedium and Large 1—628117.53/cwt115.00–119.007386
SteersMedium and Large 1—619129.33/cwt124.00–135.0080130
HeifersMedium and Large 1—778105.95/cwt100.00–110.008244
SteersMedium and Large 1—382158.51/cwt148.00–170.0060616
BullsMedium and Large 1—571119.87/cwt117.00–122.006847
HeifersMedium and Large 1—565119.41/cwt115.00–122.0067512
HeifersMedium and Large 1—522122.92/cwt120.00–125.0064214
BullsMedium and Large 1—526124.64/cwt120.00–130.006568
HeifersMedium and Large 1—422128.83/cwt125.00–132.0054421
HeifersMedium and Large 1Replacement—585140.00/cwt140.00–140.008191
BullsMedium and Large 1—758104.95/cwt100.00–110.007962
BullsMedium and Large 1—480135.00/cwt135.00–135.006483
SteersMedium and Large 1—525140.30/cwt130.00–150.0073722
HeifersMedium and Large 2—475118.00/cwt118.00–118.005611
HeifersMedium and Large 2—550110.00/cwt110.00–110.006051
SteersMedium and Large 2—558120.00/cwt120.00–120.006702
HeifersMedium and Large 1—372131.62/cwt125.00–140.0049016
SteersMedium and Large 1—775119.69/cwt115.00–125.009283
HeifersMedium and Large 1—676114.40/cwt110.00–117.007738
SteersMedium and Large 2—373135.00/cwt135.00–135.005044
HeifersMedium and Large 2—365120.00/cwt120.00–120.004381
SteersMedium and Large 2—522120.25/cwt117.00–124.006283
SteersMedium and Large 1—670127.90/cwt123.00–135.0085725
SteersMedium and Large 1—427156.33/cwt143.00–165.0066826
HeifersMedium and Large 2—330117.28/cwt115.00–120.003873
SteersMedium and Large 2—630114.30/cwt112.00–116.007203
SteersMedium and Large 2—322136.59/cwt125.00–140.004408
SteersMedium and Large 2—465124.60/cwt120.00–130.0057912
SteersMedium and Large 1—474146.68/cwt140.00–155.0069516
HeifersMedium and Large 1—619115.68/cwt111.00–120.007169
SteersMedium and Large 2—424132.04/cwt127.00–138.0056015
CowsBoner 80-85%—1,24146.08/cwt42.00–52.0057230
Bulls——1,73274.85/cwt70.00–81.001,2969
CowsLean 85-90%—1,00634.82/cwt30.00–40.0035012
HeifersMedium and Large 1—316132.55/cwt130.00–135.004196
HeifersMedium and Large 1—725110.65/cwt107.00–116.008026
CowsBoner 80-85%—1,24355.61/cwt54.00–57.006915
Bulls——1,45259.60/cwt55.00–62.008656
CowsBoner 80-85%—1,04933.02/cwt30.00–35.0034610
CowsLean 85-90%—88524.27/cwt22.00–27.0021511
HeifersMedium and Large 2—424111.50/cwt107.00–115.004736
HeifersMedium and Large 2—521109.86/cwt107.00–115.005726

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.