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

Hope Livestock Auction Inc.

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Hope, Arkansas · Thu, Mar 12
● Final52 lots reportedUSDA AMS · slug 2058
Feeder Cattle receipts
632 head
▲ 139 vs last sale 493▲ 632 vs year ago 0 · no sale a year ago
Slaughter Cattle receipts
97 head
▼ 24 vs last sale 121▲ 97 vs year ago 0 · no sale a year ago
Replacement Cattle receipts
35 head
▲ 20 vs last sale 15▲ 35 vs year ago 0 · no sale a year ago
View

Reporter comment USDA

As filed

Compared to last week: Feeder steers 10.00-20.00 lower; instances 25.00 on steers under 450 lbs. Feeder heifers under 600 lbs. 12.00-18.00 lower; over 600 lbs. 5.00-7.00 lower. Slaughter cows 2.00-7.00 lower. Slaughter bulls 3.00-6.00 lower. Quality was plain to average. Buyers were not very active. Live cattle and feeder cattle contracts were limit down today with previous days of substantial losses.

Weight classPick one — the panels below update

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $139.42/cwt on 98 head.
Average price
$139.42
98 head · 485 lb average
Value per head Derived
$676
Price × average weight ÷ 100
Grade differential Derived
$184
per head · Medium and Large 1 over Medium and Large 2
$11.89/cwt at this weight
vs the market
−5.24
vs AR average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1509142.4572573
Medium and Large 2414130.5654125
One grade step is worth $11.89/cwt here — about $184 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 sale98 hd
139.42
—
AR average9 barns · 1,255 hd
144.66
−5.24
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—Low1,69674.921,2716thin
CowsBreaker 75-80%Average1,40557.008012thin
CowsBoner 80-85%Low1,18749.1658314
CowsLean 85-90%Average95641.9640113

Every lot

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. Grouped by class and set lightest first; USDA files them in sale-ring order.
ClassWeightGrade / descriptionAvg wtPriceRangePer headHead
Feeder Cattle · Steers13 lots · lightest first
Steers—Medium and Large 2318137.79/cwt135.00–140.004384
Steers—Medium and Large 1319153.55/cwt150.00–160.004907
Steers—Medium and Large 2373131.26/cwt130.00–135.004904
Steers—Medium and Large 1375150.00/cwt150.00–150.005631
Steers—Medium and Large 2413130.12/cwt130.00–131.005378
Steers—Medium and Large 1428146.15/cwt145.00–147.006267
Steers—Medium and Large 2463128.12/cwt125.00–130.005937
Steers—Medium and Large 1470145.09/cwt143.00–147.0068211
Steers—Medium and Large 2523125.00/cwt125.00–125.006542
Steers—Medium and Large 1524143.57/cwt135.00–147.0075221
Steers—Medium and Large 1567138.87/cwt132.00–145.0078715
Steers—Medium and Large 1616133.30/cwt130.00–137.008219
Steers—Medium and Large 1668128.67/cwt122.00–135.008602
Feeder Cattle · Heifers15 lots · lightest first
Heifers—Medium and Large 1313146.62/cwt145.00–150.004593
Heifers—Medium and Large 2335120.00/cwt120.00–120.004021
Heifers—Medium and Large 2355120.00/cwt120.00–120.004261
Heifers—Medium and Large 1365137.99/cwt135.00–142.005044
Heifers—Medium and Large 1419134.35/cwt130.00–140.0056312
Heifers—Medium and Large 2432120.67/cwt115.00–125.005216
Heifers—Medium and Large 1470131.59/cwt125.00–138.006188
Heifers—Medium and Large 2475113.54/cwt110.00–117.005392
Heifers—Medium and Large 1Fleshy480120.00/cwt120.00–120.005762
Heifers—Medium and Large 1Value Added500137.00/cwt137.00–137.006853
Heifers—Medium and Large 1512129.30/cwt123.00–134.006627
Heifers—Medium and Large 2516115.00/cwt115.00–115.005934
Heifers—Medium and Large 1569124.01/cwt122.00–127.007068
Heifers—Medium and Large 1616121.59/cwt120.00–127.007495
Heifers—Medium and Large 1670118.00/cwt118.00–118.007911
Feeder Cattle · Bulls5 lots · lightest first
Bulls—Medium and Large 1474134.86/cwt130.00–140.006397
Bulls—Medium and Large 1524129.61/cwt125.00–135.006795
Bulls—Medium and Large 1579122.74/cwt120.00–125.007114
Bulls—Medium and Large 1627119.05/cwt115.00–124.007463
Bulls—Medium and Large 1663118.00/cwt117.00–119.007822
Slaughter Cattle · Bulls3 lots · lightest first
Bulls——1,50762.67/cwt61.00–65.009443
Bulls——1,81384.75/cwt83.00–87.001,5372
Bulls——2,03092.00/cwt92.00–92.001,8681
Slaughter Cattle · Cows6 lots · lightest first
Cows—Lean 85-90%81233.39/cwt30.00–35.002713
Cows—Lean 85-90%99944.53/cwt40.00–48.0044510
Cows—Boner 80-85%1,06340.74/cwt38.00–44.004334
Cows—Boner 80-85%1,19562.00/cwt62.00–62.007411
Cows—Boner 80-85%1,24151.48/cwt50.00–54.006399
Cows—Breaker 75-80%1,40557.00/cwt57.00–57.008012
Replacement Cattle · Bred Cows5 lots · lightest first
Bred Cows—Medium and Large 1-21,02085.00/cwt85.00–85.008671
Bred Cows—Medium and Large 1-21,09493.25/cwt92.00–97.001,0205
Bred Cows—Medium and Large 1-21,164104.31/cwt100.00–107.001,2144
Bred Cows—Medium and Large 1-21,28065.00/cwt65.00–65.008321
Bred Cows—Medium and Large 1-21,32070.00/cwt70.00–70.009241
Replacement Cattle · Cow-Calf Pairs5 lots · lightest first
Cow-Calf Pairs—Medium and Large 1-21,0951,400.00/cwt1,400.00–1,400.0015,3301
Cow-Calf Pairs—Medium and Large 1-21,2031,009.35/cwt940.00–1,050.0012,1425
Cow-Calf Pairs—Medium and Large 1-21,2151,167.70/cwt1,050.00–1,270.0014,1882
Cow-Calf Pairs—Medium and Large 1-21,3581,449.90/cwt1,410.00–1,500.0019,6903
Cow-Calf Pairs—Medium and Large 1-21,3711,383.02/cwt1,300.00–1,430.0018,9616

This sale against other markets

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.