Sale reports / Arkansas / Hope Livestock Auction Inc. / 2020-12-03

Hope Livestock Auction Inc.

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Hope, Arkansas · Thu, Dec 3
● Final58 lots reportedUSDA AMS · slug 2058
Feeder Cattle receipts
1,115 head
▼ 290 vs last sale 1,405▼ 167 vs year ago 1,282 · −13.0%
Slaughter Cattle receipts
159 head
▼ 26 vs last sale 185▼ 44 vs year ago 203 · −21.7%
Replacement Cattle receipts
20 head
▲ 10 vs last sale 10▼ 5 vs year ago 25 · −20.0%
View

Reporter comment USDA

As filed

Compared to two weeks ago: Feeder steers under 600 lbs. 8.00-12.00 higher; over 600 lbs. 3.00-5.00 higher. Feeder heifers under 500 lbs. 8.00-14.00 higher; over 500 lbs. 3.00-4.00 higher. Slaughter cows steady. Slaughter bulls steady. Quality was average to attractive. Buyer participation was active.

Weight class

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $149.04/cwt on 200 head.
Average price
$149.04
200 head · 499 lb average
Value per head Derived
$743
Price × average weight ÷ 100
Grade differential Derived
$191
per head · Medium and Large 1 over Medium and Large 2
$16.83/cwt at this weight
vs the market
−1.27
vs AR average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1511151.56774170
Medium and Large 2432134.7458330
One grade step is worth $16.83/cwt here — about $191 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 sale200 hd
149.04
—
AR average9 barns · 2,363 hd
150.31
−1.27
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—Low1,50765.509879thin
CowsBoner 80-85%Low1,16240.7647437
CowsLean 85-90%Low91431.8829112

Every lot, as filed

58 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
SteersMedium and Large 1—750110.00/cwt110.00–110.008251
HeifersMedium and Large 1—471130.37/cwt124.00–137.0061417
SteersMedium and Large 1—565140.81/cwt133.00–155.0079625
SteersMedium and Large 1—375168.81/cwt162.00–175.0063313
BullsMedium and Large 1—526131.32/cwt125.00–135.0069111
HeifersMedium and Large 1—713105.23/cwt100.00–109.007503
SteersMedium and Large 1Value Added—562151.65/cwt150.00–155.008523
SteersMedium and Large 1Value Added—515164.02/cwt163.00–165.0084510
HeifersMedium and Large 1—575121.67/cwt120.00–123.007003
SteersMedium and Large 1—664131.24/cwt127.00–135.008718
HeifersMedium and Large 1—321144.71/cwt139.00–150.0046510
HeifersMedium and Large 1Replacement—925108.75/cwt105.00–110.001,0064
HeifersMedium and Large 1Replacement—834117.75/cwt117.00–120.009824
Bred CowsMedium and Large 1-2—915775.00/cwt775.00–775.007,0911
HeifersMedium and Large 1—513126.42/cwt123.00–132.0064914
SteersMedium and Large 1Value Added—665135.00/cwt135.00–135.008985
SteersMedium and Large 1—335177.64/cwt175.00–180.005953
BullsMedium and Large 1—469138.29/cwt132.00–145.006498
BullsMedium and Large 1—623118.33/cwt114.00–125.007376
HeifersMedium and Large 1Fleshy—565115.00/cwt115.00–115.006501
SteersMedium and Large 1—818109.89/cwt105.00–115.008992
SteersMedium and Large 1—471156.84/cwt150.00–163.0073931
SteersMedium and Large 1—519148.95/cwt141.00–160.0077322
CowsLean 85-90%—80923.19/cwt21.00–25.001884
CowsLean 85-90%—96636.22/cwt33.00–41.003508
CowsBoner 80-85%—1,03131.88/cwt29.00–35.0032911
CowsBoner 80-85%—1,21844.51/cwt41.00–48.0054226
Bulls——1,31856.09/cwt52.00–59.007395
Bulls——1,74477.27/cwt72.00–82.001,3484
SteersMedium and Large 2—329145.10/cwt140.00–150.004774
SteersMedium and Large 2—615115.00/cwt115.00–115.007072
BullsMedium and Large 1—677114.99/cwt113.00–118.007785
BullsMedium and Large 1—563125.98/cwt125.00–128.007093
Bred CowsMedium and Large 1-2—1,245991.57/cwt925.00–1,075.0012,3452
Bred CowsMedium and Large 1-2—1,156902.08/cwt850.00–975.0010,4289
SteersMedium and Large 2—468131.87/cwt130.00–135.006176
SteersMedium and Large 2—370139.92/cwt135.00–145.005184
Bred CowsMedium and Large 1-2—1,214944.54/cwt850.00–1,000.0011,4674
Bred CowsMedium and Large 1-2—1,155700.00/cwt700.00–700.008,0852
SteersMedium and Large 2—425135.74/cwt130.00–145.0057712
HeifersMedium and Large 2—323123.83/cwt120.00–126.004008
SteersMedium and Large 2—518125.97/cwt125.00–127.006532
HeifersMedium and Large 2—575108.97/cwt108.00–110.006272
HeifersMedium and Large 2—468115.74/cwt110.00–120.005429
HeifersMedium and Large 2—423115.26/cwt110.00–119.004886
HeifersMedium and Large 2—521109.08/cwt100.00–114.0056810
SteersMedium and Large 1—420164.25/cwt155.00–172.0069032
BullsMedium and Large 1—738110.99/cwt107.00–115.008192
HeifersMedium and Large 1—785104.00/cwt104.00–104.008162
HeifersMedium and Large 1—650108.50/cwt107.00–110.007052
HeifersMedium and Large 2—600100.00/cwt100.00–100.006001
HeifersMedium and Large 1—428133.26/cwt130.00–138.0057015
SteersMedium and Large 1—725125.97/cwt125.00–127.009132
HeifersMedium and Large 1—875102.00/cwt102.00–102.008931
SteersMedium and Large 1—617132.42/cwt130.00–139.0081713
HeifersMedium and Large 1—368138.08/cwt133.00–143.005087
HeifersMedium and Large 2—378117.66/cwt115.00–122.004456
HeifersMedium and Large 1—617118.81/cwt115.00–122.007336

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.