Sale reports / Arkansas / Hope Livestock Auction Inc. / 2020-04-16

Hope Livestock Auction Inc.

Name: Hope Livestock Auction Inc. livestock auction prices — 2020-04-16
Creator: RaisedBeef
Published: 2020-04-16

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Hope, Arkansas · Thu, Apr 16

● Final42 lots reportedUSDA AMS · slug 2058

← Mar 12Apr 16Apr 30 →

Feeder Cattle receipts

301 head

▲ 91 vs last sale 210▲ 301 vs year ago 0 · no sale a year ago

Slaughter Cattle receipts

95 head

▼ 7 vs last sale 102▲ 95 vs year ago 0 · no sale a year ago

Replacement Cattle receipts

10 head

▲ 10 vs last sale 0▲ 10 vs year ago 0 · no sale a year ago

View

Reporter comment USDA

As filed

No trend due to no report last few weeks. Market was strong on slaughter cattle and feeder cattle. Quality was average.

Weight class — the figures below change to match

Weight classPick one — the panels below update

Steers · summary 0–100 lb

Weighted average of every reported lot

0–100 lb steers averaged $143.28/cwt on 66 head.

Average price

$143.28

66 head · 514 lb average

Value per head Derived

$737

Price × average weight ÷ 100

Grade differential Derived

$268

per head · Medium and Large 1 over Medium and Large 2

$2.24/cwt at this weight

vs the market

−13.25

vs AR average

Price by quality 0–100 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1	528	143.45	757	61
Medium and Large 2	346	141.20	489	5thin

One grade step is worth $2.24/cwt here — about $268 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 sale66 hd

143.28

—

AR average7 barns · 877 hd

156.53

−13.25

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.

Class	Grade	Dressing	Avg wt	$/cwt	$/head	Head
Bulls	—	Low	1,694	79.97	1,354	7thin
Cows	Boner 80-85%	High	1,193	54.36	648	21
Cows	Lean 85-90%	Low	976	41.93	409	9thin

Every lot

42 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.

Class	Weight	Grade / description	Avg wt	Price	Range	Per head	Head
Feeder Cattle · Steers16 lots · lightest first
Steers	—	Medium and Large 2	322	144.67/cwt	144.00–145.00	466	3
Steers	—	Medium and Large 1	323	172.08/cwt	165.00–185.00	556	3
Steers	—	Medium and Large 2	355	137.00/cwt	137.00–137.00	486	1
Steers	—	Medium and Large 1	359	161.48/cwt	155.00–165.00	580	5
Steers	—	Medium and Large 2	410	135.00/cwt	135.00–135.00	554	1
Steers	—	Medium and Large 1	429	152.28/cwt	150.00–155.00	653	7
Steers	—	Medium and Large 1	470	150.55/cwt	145.00–153.00	708	17
Steers	—	Medium and Large 1	520	147.34/cwt	141.00–153.00	766	15
Steers	—	Medium and Large 1	577	141.36/cwt	137.00–144.00	816	3
Steers	—	Medium and Large 1	633	129.49/cwt	129.00–130.00	820	2
Steers	—	Medium and Large 1	660	127.00/cwt	127.00–127.00	838	1
Steers	—	Medium and Large 1	755	106.00/cwt	106.00–106.00	800	1
Steers	—	Medium and Large 1	810	104.00/cwt	104.00–104.00	842	1
Steers	—	Medium and Large 1	858	97.36/cwt	95.00–100.00	835	3
Steers	—	Medium and Large 1	910	92.00/cwt	92.00–92.00	837	1
Steers	—	Medium and Large 1	968	93.50/cwt	93.00–94.00	905	2
Feeder Cattle · Heifers12 lots · lightest first
Heifers	—	Medium and Large 1	330	144.36/cwt	140.00–149.00	476	2
Heifers	—	Medium and Large 2	330	122.46/cwt	120.00–125.00	404	2
Heifers	—	Medium and Large 1	390	145.00/cwt	145.00–145.00	566	1
Heifers	—	Medium and Large 2	395	123.00/cwt	123.00–123.00	486	1
Heifers	—	Medium and Large 2	420	120.00/cwt	120.00–120.00	504	1
Heifers	—	Medium and Large 1	423	139.16/cwt	136.00–151.00	589	12
Heifers	—	Medium and Large 1	474	133.72/cwt	127.00–140.00	634	10
Heifers	—	Medium and Large 1	513	130.34/cwt	127.00–137.00	669	6
Heifers	—	Medium and Large 1	577	124.59/cwt	122.00–129.00	719	3
Heifers	—	Medium and Large 1	626	113.12/cwt	108.00–118.00	708	8
Heifers	—	Medium and Large 1	663	110.50/cwt	110.00–111.00	733	2
Heifers	—	Medium and Large 1	735	101.00/cwt	101.00–101.00	742	1
Feeder Cattle · Bulls4 lots · lightest first
Bulls	—	Medium and Large 1	473	140.81/cwt	137.00–145.00	666	2
Bulls	—	Medium and Large 1	543	132.50/cwt	132.00–133.00	719	2
Bulls	—	Medium and Large 1	585	125.00/cwt	125.00–125.00	731	1
Bulls	—	Medium and Large 1	745	102.00/cwt	102.00–102.00	760	1
Slaughter Cattle · Bulls3 lots · lightest first
Bulls	—	—	1,460	66.94/cwt	64.00–70.00	977	2
Bulls	—	—	1,703	80.36/cwt	79.00–82.00	1,369	3
Bulls	—	—	1,913	92.42/cwt	90.00–95.00	1,768	2
Slaughter Cattle · Cows5 lots · lightest first
Cows	—	Lean 85-90%	828	33.50/cwt	33.00–34.00	277	2
Cows	—	Lean 85-90%	1,018	44.34/cwt	41.00–47.00	451	7
Cows	—	Boner 80-85%	1,086	45.29/cwt	44.00–47.00	492	4
Cows	—	Boner 80-85%	1,218	62.49/cwt	62.00–63.00	761	2
Cows	—	Boner 80-85%	1,218	55.69/cwt	52.00–60.00	678	15
Replacement Cattle · Cow-Calf Pairs1 lot · lightest first
Cow-Calf Pairs	—	Medium and Large 1-2	1,130	900.00/cwt	900.00–900.00	10,170	1
Replacement Cattle · Bred Cows1 lot · lightest first
Bred Cows	—	Medium and Large 1-2	930	85.00/cwt	85.00–85.00	791	1

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.

Arkansas feeder prices, every weight →Every state and region →

Hope Livestock Auction - Hope, AR

Thu Apr 16, 2020

USDA Livestock, Poultry & Grain Market News · Federal-State Market News Service, Little Rock, AR (LS-LR)

Feeder CattleReceipts 301Last week 210Year ago 0

Slaughter CattleReceipts 95Last week 102Year ago 0

Replacement CattleReceipts 10Last week 0Year ago 0

No trend due to no report last few weeks. Market was strong on slaughter cattle and feeder cattle. Quality was average.

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1$ per cwt · actual wt
6	—	513	127.00–137.00	130.34
8	—	626	108.00–118.00	113.12
10	—	474	127.00–140.00	133.72
12	—	423	136.00–151.00	139.16
1	—	390	145.00	145.00
1	—	735	101.00	101.00
2	—	330	140.00–149.00	144.36
2	—	663	110.00–111.00	110.50
3	—	577	122.00–129.00	124.59

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 2$ per cwt · actual wt
1	—	395	123.00	123.00
1	—	420	120.00	120.00
2	—	330	120.00–125.00	122.46

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1$ per cwt · actual wt
1	—	660	127.00	127.00
1	—	755	106.00	106.00
1	—	810	104.00	104.00
1	—	910	92.00	92.00
2	—	633	129.00–130.00	129.49
2	—	968	93.00–94.00	93.50
3	—	323	165.00–185.00	172.08
3	—	577	137.00–144.00	141.36
3	—	858	95.00–100.00	97.36
5	—	359	155.00–165.00	161.48
7	—	429	150.00–155.00	152.28
15	—	520	141.00–153.00	147.34
17	—	470	145.00–153.00	150.55

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 2$ per cwt · actual wt
1	—	355	137.00	137.00
1	—	410	135.00	135.00
3	—	322	144.00–145.00	144.67

Head	Wt range	Avg wt	Price range	Avg price
Bulls — Medium and Large 1$ per cwt · actual wt
1	—	585	125.00	125.00
1	—	745	102.00	102.00
2	—	473	137.00–145.00	140.81
2	—	543	132.00–133.00	132.50

Replacement Cattle

As reported

Age	Stage	Head	Wt range	Avg wt	Price range	Avg price
Cow-Calf Pairs — Medium and Large 1-2$ per cwt · actual wt
Aged (>8 yrs)	Open	1	—	1,130	900.00	900.00

Age	Stage	Head	Wt range	Avg wt	Price range	Avg price
Bred Cows — Medium and Large 1-2$ per cwt · actual wt
Young (2-4 yrs)	1st Stage (1-3 mo)	1	—	930	85.00	85.00

Slaughter Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Bulls$ per cwt · actual wt
2	—	1,460	64.00–70.00	66.94
2	—	1,913	90.00–95.00	92.42
3	—	1,703	79.00–82.00	80.36

Head	Wt range	Avg wt	Price range	Avg price
Cows — Boner 80-85%$ per cwt · actual wt
2	—	1,218	62.00–63.00	62.49
4	—	1,086	44.00–47.00	45.29
15	—	1,218	52.00–60.00	55.69

Head	Wt range	Avg wt	Price range	Avg price
Cows — Lean 85-90%$ per cwt · actual wt
2	—	828	33.00–34.00	33.50
7	—	1,018	41.00–47.00	44.34

Head, weight ranges, average weights and price ranges are exactly as USDA AMS filed them — nothing recomputed, nothing rounded — in USDA's own reporting structure. This is RaisedBeef's rendering of that data, not a copy of USDA's document.