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
BullsLow1,50765.509879thin
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 1750110.00/cwt110.00–110.008251
HeifersMedium and Large 1471130.37/cwt124.00–137.0061417
SteersMedium and Large 1565140.81/cwt133.00–155.0079625
SteersMedium and Large 1375168.81/cwt162.00–175.0063313
BullsMedium and Large 1526131.32/cwt125.00–135.0069111
HeifersMedium and Large 1713105.23/cwt100.00–109.007503
SteersMedium and Large 1Value Added562151.65/cwt150.00–155.008523
SteersMedium and Large 1Value Added515164.02/cwt163.00–165.0084510
HeifersMedium and Large 1575121.67/cwt120.00–123.007003
SteersMedium and Large 1664131.24/cwt127.00–135.008718
HeifersMedium and Large 1321144.71/cwt139.00–150.0046510
HeifersMedium and Large 1Replacement925108.75/cwt105.00–110.001,0064
HeifersMedium and Large 1Replacement834117.75/cwt117.00–120.009824
Bred CowsMedium and Large 1-2915775.00/cwt775.00–775.007,0911
HeifersMedium and Large 1513126.42/cwt123.00–132.0064914
SteersMedium and Large 1Value Added665135.00/cwt135.00–135.008985
SteersMedium and Large 1335177.64/cwt175.00–180.005953
BullsMedium and Large 1469138.29/cwt132.00–145.006498
BullsMedium and Large 1623118.33/cwt114.00–125.007376
HeifersMedium and Large 1Fleshy565115.00/cwt115.00–115.006501
SteersMedium and Large 1818109.89/cwt105.00–115.008992
SteersMedium and Large 1471156.84/cwt150.00–163.0073931
SteersMedium and Large 1519148.95/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
Bulls1,31856.09/cwt52.00–59.007395
Bulls1,74477.27/cwt72.00–82.001,3484
SteersMedium and Large 2329145.10/cwt140.00–150.004774
SteersMedium and Large 2615115.00/cwt115.00–115.007072
BullsMedium and Large 1677114.99/cwt113.00–118.007785
BullsMedium and Large 1563125.98/cwt125.00–128.007093
Bred CowsMedium and Large 1-21,245991.57/cwt925.00–1,075.0012,3452
Bred CowsMedium and Large 1-21,156902.08/cwt850.00–975.0010,4289
SteersMedium and Large 2468131.87/cwt130.00–135.006176
SteersMedium and Large 2370139.92/cwt135.00–145.005184
Bred CowsMedium and Large 1-21,214944.54/cwt850.00–1,000.0011,4674
Bred CowsMedium and Large 1-21,155700.00/cwt700.00–700.008,0852
SteersMedium and Large 2425135.74/cwt130.00–145.0057712
HeifersMedium and Large 2323123.83/cwt120.00–126.004008
SteersMedium and Large 2518125.97/cwt125.00–127.006532
HeifersMedium and Large 2575108.97/cwt108.00–110.006272
HeifersMedium and Large 2468115.74/cwt110.00–120.005429
HeifersMedium and Large 2423115.26/cwt110.00–119.004886
HeifersMedium and Large 2521109.08/cwt100.00–114.0056810
SteersMedium and Large 1420164.25/cwt155.00–172.0069032
BullsMedium and Large 1738110.99/cwt107.00–115.008192
HeifersMedium and Large 1785104.00/cwt104.00–104.008162
HeifersMedium and Large 1650108.50/cwt107.00–110.007052
HeifersMedium and Large 2600100.00/cwt100.00–100.006001
HeifersMedium and Large 1428133.26/cwt130.00–138.0057015
SteersMedium and Large 1725125.97/cwt125.00–127.009132
HeifersMedium and Large 1875102.00/cwt102.00–102.008931
SteersMedium and Large 1617132.42/cwt130.00–139.0081713
HeifersMedium and Large 1368138.08/cwt133.00–143.005087
HeifersMedium and Large 2378117.66/cwt115.00–122.004456
HeifersMedium and Large 1617118.81/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.