Sale reports / Arkansas / Hope Livestock Auction Inc. / 2020-05-14

Hope Livestock Auction Inc.

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Hope, Arkansas · Thu, May 14
● Final40 lots reportedUSDA AMS · slug 2058
Feeder Cattle receipts
344 head
▼ 164 vs last sale 508▲ 344 vs year ago 0 · no sale a year ago
Slaughter Cattle receipts
100 head
▼ 2 vs last sale 102▲ 100 vs year ago 0 · no sale a year ago
Replacement Cattle receipts
15 head
▲ 0 vs last sale 15▲ 15 vs year ago 0 · no sale a year ago
View

Reporter comment USDA

As filed

Compared to two weeks ago: Feeder steers 5.00-15.00 higher. Feeder heifers 4.00-12.00 higher. Slaughter cows steady to 1.00 higher. Slaughter bulls 3.00-5.00 higher. Demand was good on slaughter cattle. Feeder cattle were not as active but market was considerbly stronger than last reported sale. Quality was plain to average.

Weight classPick one — the panels below update

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $136.94/cwt on 62 head.
Average price
$136.94
62 head · 503 lb average
Value per head Derived
$688
Price × average weight ÷ 100
Grade differential Derived
$191
per head · Medium and Large 1 over Medium and Large 2
$11.18/cwt at this weight
vs the market
−7.89
vs AR average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1513138.0270856
Medium and Large 2408126.845176thin
One grade step is worth $11.18/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 sale62 hd
136.94
—
AR average8 barns · 741 hd
144.83
−7.89
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—High1,58187.191,37911
CowsBreaker 75-80%Average1,35353.517242thin
CowsBoner 80-85%Low1,15751.3359425
CowsLean 85-90%Low92644.8841623

Every lot

40 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 2313130.00/cwt130.00–130.004072
Steers—Medium and Large 1315153.97/cwt152.00–155.004853
Steers—Medium and Large 1361145.49/cwt145.00–147.005254
Steers—Medium and Large 1419143.16/cwt141.00–145.006005
Steers—Medium and Large 2435125.51/cwt125.00–126.005462
Steers—Medium and Large 1470141.91/cwt139.00–148.0066712
Steers—Medium and Large 2475125.00/cwt125.00–125.005942
Steers—Medium and Large 1517137.72/cwt133.00–145.0071216
Steers—Medium and Large 1559136.74/cwt133.00–144.007644
Steers—Medium and Large 1632131.82/cwt129.00–135.008336
Steers—Medium and Large 1692125.34/cwt124.00–127.008673
Steers—Medium and Large 1715119.50/cwt118.00–121.008542
Steers—Medium and Large 1790110.00/cwt110.00–110.008691
Feeder Cattle · Heifers10 lots · lightest first
Heifers—Medium and Large 2320125.00/cwt125.00–125.004001
Heifers—Medium and Large 1321139.22/cwt138.00–140.004474
Heifers—Medium and Large 1358132.00/cwt130.00–135.004735
Heifers—Medium and Large 1423127.61/cwt125.00–131.005408
Heifers—Medium and Large 2427113.40/cwt110.00–115.004843
Heifers—Medium and Large 1463125.47/cwt123.00–127.005816
Heifers—Medium and Large 2503105.99/cwt104.00–108.005332
Heifers—Medium and Large 1522122.82/cwt121.00–125.006416
Heifers—Medium and Large 1566121.84/cwt120.00–124.006906
Heifers—Medium and Large 1665111.49/cwt110.00–113.007412
Feeder Cattle · Bulls6 lots · lightest first
Bulls—Medium and Large 1474127.22/cwt124.00–130.006034
Bulls—Medium and Large 1520125.49/cwt125.00–127.006534
Bulls—Medium and Large 1580126.51/cwt125.00–128.007342
Bulls—Medium and Large 1617124.00/cwt124.00–124.007653
Bulls—Medium and Large 1670115.63/cwt112.00–118.007753
Bulls—Medium and Large 1835100.00/cwt100.00–100.008351
Slaughter Cattle · Bulls3 lots · lightest first
Bulls——1,32973.95/cwt71.00–78.009834
Bulls——1,71892.86/cwt88.00–97.001,5955
Bulls——1,74599.51/cwt99.00–100.001,7362
Slaughter Cattle · Cows5 lots · lightest first
Cows—Lean 85-90%81136.55/cwt33.00–38.002967
Cows—Lean 85-90%97748.53/cwt45.00–53.0047416
Cows—Boner 80-85%1,03043.41/cwt40.00–45.004478
Cows—Boner 80-85%1,21755.06/cwt51.00–59.0067017
Cows—Breaker 75-80%1,35353.51/cwt53.00–54.007242
Replacement Cattle · Cow-Calf Pairs1 lot · lightest first
Cow-Calf Pairs—Medium and Large 1-21,4201,085.00/cwt1,085.00–1,085.0015,4071
Replacement Cattle · Bred Cows2 lots · lightest first
Bred Cows—Medium and Large 1-21,02862.97/cwt60.00–65.006473
Bred Cows—Medium and Large 1-21,07092.43/cwt90.00–95.009894

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.