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
BullsAverage1,62068.751,11415
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 1-21,219762.31/cwt700.00–825.009,2935
Bred CowsMedium and Large 1-21,060925.00/cwt925.00–925.009,8051
Bred CowsMedium and Large 1-21,010875.00/cwt875.00–875.008,8381
Stock CowsMedium and Large 1-289457.09/cwt53.00–60.005107
BullsMedium and Large 1685116.00/cwt116.00–116.007951
BullsMedium and Large 1725109.60/cwt106.00–113.007952
HeifersMedium and Large 1474127.09/cwt123.00–133.0060215
SteersMedium and Large 1724123.00/cwt120.00–126.008918
SteersMedium and Large 1333160.37/cwt157.00–165.0053411
SteersMedium and Large 1573133.89/cwt129.00–140.0076721
BullsMedium and Large 1628117.53/cwt115.00–119.007386
SteersMedium and Large 1619129.33/cwt124.00–135.0080130
HeifersMedium and Large 1778105.95/cwt100.00–110.008244
SteersMedium and Large 1382158.51/cwt148.00–170.0060616
BullsMedium and Large 1571119.87/cwt117.00–122.006847
HeifersMedium and Large 1565119.41/cwt115.00–122.0067512
HeifersMedium and Large 1522122.92/cwt120.00–125.0064214
BullsMedium and Large 1526124.64/cwt120.00–130.006568
HeifersMedium and Large 1422128.83/cwt125.00–132.0054421
HeifersMedium and Large 1Replacement585140.00/cwt140.00–140.008191
BullsMedium and Large 1758104.95/cwt100.00–110.007962
BullsMedium and Large 1480135.00/cwt135.00–135.006483
SteersMedium and Large 1525140.30/cwt130.00–150.0073722
HeifersMedium and Large 2475118.00/cwt118.00–118.005611
HeifersMedium and Large 2550110.00/cwt110.00–110.006051
SteersMedium and Large 2558120.00/cwt120.00–120.006702
HeifersMedium and Large 1372131.62/cwt125.00–140.0049016
SteersMedium and Large 1775119.69/cwt115.00–125.009283
HeifersMedium and Large 1676114.40/cwt110.00–117.007738
SteersMedium and Large 2373135.00/cwt135.00–135.005044
HeifersMedium and Large 2365120.00/cwt120.00–120.004381
SteersMedium and Large 2522120.25/cwt117.00–124.006283
SteersMedium and Large 1670127.90/cwt123.00–135.0085725
SteersMedium and Large 1427156.33/cwt143.00–165.0066826
HeifersMedium and Large 2330117.28/cwt115.00–120.003873
SteersMedium and Large 2630114.30/cwt112.00–116.007203
SteersMedium and Large 2322136.59/cwt125.00–140.004408
SteersMedium and Large 2465124.60/cwt120.00–130.0057912
SteersMedium and Large 1474146.68/cwt140.00–155.0069516
HeifersMedium and Large 1619115.68/cwt111.00–120.007169
SteersMedium and Large 2424132.04/cwt127.00–138.0056015
CowsBoner 80-85%1,24146.08/cwt42.00–52.0057230
Bulls1,73274.85/cwt70.00–81.001,2969
CowsLean 85-90%1,00634.82/cwt30.00–40.0035012
HeifersMedium and Large 1316132.55/cwt130.00–135.004196
HeifersMedium and Large 1725110.65/cwt107.00–116.008026
CowsBoner 80-85%1,24355.61/cwt54.00–57.006915
Bulls1,45259.60/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 2424111.50/cwt107.00–115.004736
HeifersMedium and Large 2521109.86/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.