Sale reports / Arkansas / Hope Livestock Auction Inc. / 2020-11-19

Hope Livestock Auction Inc.

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Hope, Arkansas · Thu, Nov 19
● Final56 lots reportedUSDA AMS · slug 2058
Feeder Cattle receipts
1,405 head
▲ 95 vs last sale 1,310▲ 128 vs year ago 1,277 · +10.0%
Slaughter Cattle receipts
185 head
▼ 20 vs last sale 205▼ 136 vs year ago 321 · −42.4%
Replacement Cattle receipts
10 head
▼ 5 vs last sale 15▼ 20 vs year ago 30 · −66.7%
View

Reporter comment USDA

As filed

Compared to last week: Feeder steers unevenly steady. Feeder heifers 2.00-6.00 lower. Slaughter cows 2.00-3.00 lower. Slaughter bulls steady. Quality was average to plain.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $137.83/cwt on 248 head.
Average price
$137.83
248 head · 563 lb average
Value per head Derived
$776
Price × average weight ÷ 100
Grade differential Derived
$239
per head · Medium and Large 1 over Medium and Large 2
$12.27/cwt at this weight
vs the market
−10.95
vs AR average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1587140.01821204
Medium and Large 2455127.7458244
One grade step is worth $12.27/cwt here — about $239 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 sale248 hd
137.83
—
AR average8 barns · 2,068 hd
148.79
−10.95
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—Average1,61573.401,18511
CowsBoner 80-85%High1,16541.9048847
CowsLean 85-90%Average95532.9831520

Every lot, as filed

56 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—537123.45/cwt119.00–127.006639
SteersMedium and Large 1—658126.67/cwt124.00–132.008339
HeifersMedium and Large 1Value Added—523131.67/cwt131.00–132.006893
HeifersMedium and Large 1Value Added—667116.61/cwt115.00–118.007785
HeifersMedium and Large 1—715110.00/cwt110.00–110.007871
HeifersMedium and Large 1—666111.35/cwt107.00–117.0074211
HeifersMedium and Large 1—429123.04/cwt120.00–133.0052816
HeifersMedium and Large 1—316131.10/cwt127.00–137.004148
HeifersMedium and Large 1—607114.50/cwt110.00–117.006956
SteersMedium and Large 1—464148.77/cwt140.00–155.0069019
SteersMedium and Large 1—422155.20/cwt150.00–163.0065519
SteersMedium and Large 1—567133.39/cwt130.00–140.0075615
SteersMedium and Large 1—519139.08/cwt133.00–145.0072226
HeifersMedium and Large 1—775101.00/cwt101.00–101.007831
SteersMedium and Large 1—755123.00/cwt122.00–124.009292
SteersMedium and Large 1—377158.91/cwt155.00–163.0059913
SteersMedium and Large 1Value Added—438164.34/cwt163.00–165.007203
Bred CowsMedium and Large 1-2—1,250750.00/cwt750.00–750.009,3751
BullsMedium and Large 1—675115.28/cwt115.00–116.007787
SteersMedium and Large 1—615128.71/cwt125.00–135.0079211
SteersMedium and Large 1—728122.74/cwt120.00–127.008944
SteersMedium and Large 1—333164.27/cwt160.00–167.005474
BullsMedium and Large 1—485132.71/cwt128.00–137.006447
BullsMedium and Large 1—616117.99/cwt115.00–120.007276
BullsMedium and Large 1—583120.40/cwt118.00–125.007025
BullsMedium and Large 1—740115.00/cwt115.00–115.008511
Bred CowsMedium and Large 1-2—1,040875.00/cwt875.00–875.009,1001
Bred CowsMedium and Large 1-2—1,160869.11/cwt800.00–925.0010,0823
CowsBoner 80-85%—1,28852.46/cwt52.00–53.006762
CowsLean 85-90%—99735.70/cwt32.00–39.0035615
Bulls——1,69874.92/cwt70.00–80.001,2728
CowsBoner 80-85%—1,20544.56/cwt40.00–50.0053733
Bulls——1,33061.02/cwt60.00–62.008122
CowsBoner 80-85%—1,03432.83/cwt30.00–36.0033912
SteersMedium and Large 2—380132.92/cwt130.00–135.005057
HeifersMedium and Large 2—331115.73/cwt115.00–119.003838
SteersMedium and Large 2—575115.00/cwt115.00–115.006611
HeifersMedium and Large 2—420112.02/cwt110.00–115.004706
CowsLean 85-90%—82924.80/cwt24.00–25.002065
Bulls——1,52086.00/cwt86.00–86.001,3071
SteersMedium and Large 2—419132.11/cwt126.00–135.005545
HeifersMedium and Large 2—517107.69/cwt105.00–111.005573
HeifersMedium and Large 2—475105.00/cwt105.00–105.004991
SteersMedium and Large 2—473126.78/cwt122.00–132.0060015
HeifersMedium and Large 2—357114.88/cwt113.00–117.004107
SteersMedium and Large 2—335138.05/cwt135.00–142.004624
SteersMedium and Large 1Value Added—472159.00/cwt157.00–160.007503
HeifersMedium and Large 1—519122.48/cwt118.00–129.0063615
HeifersMedium and Large 1—561118.83/cwt115.00–125.006677
SteersMedium and Large 1Value Added—314179.83/cwt175.00–182.005654
SteersMedium and Large 1Value Added—522150.26/cwt148.00–153.007843
SteersMedium and Large 2—523121.73/cwt119.00–125.0063712
SteersMedium and Large 1Value Added—760130.25/cwt130.25–130.2599066
HeifersMedium and Large 1—473122.72/cwt120.00–129.0058015
SteersMedium and Large 1Value Added—590139.00/cwt139.00–139.008203
HeifersMedium and Large 1—369126.85/cwt120.00–135.0046811

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.