Sale reports / Arkansas / Hope Livestock Auction Inc. / 2020-05-21

Hope Livestock Auction Inc.

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Hope, Arkansas · Thu, May 21
● Final50 lots reportedUSDA AMS · slug 2058
Feeder Cattle receipts
470 head
▲ 126 vs last sale 344▼ 197 vs year ago 667 · −29.5%
Slaughter Cattle receipts
93 head
▼ 7 vs last sale 100▼ 20 vs year ago 113 · −17.7%
Replacement Cattle receipts
15 head
▲ 0 vs last sale 15▼ 5 vs year ago 20 · −25.0%
View

Reporter comment USDA

As filed

Compared to last week: Feeder steers under 450 lbs. 3.00-8.00 higher; over 450 lbs. unevenly steady. Feeder heifers under 400 lbs. 5.00-10.00 higher; over 400 lbs. steady to 2.00 higher. Slaughter cows 2.00-4.00 higher. Slaughter bulls steady to 2.00 lower. Quality was average. Slaughter cattle were still in good demand.

Weight classPick one — the panels below update

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $134.20/cwt on 126 head.
Average price
$134.20
126 head · 544 lb average
Value per head Derived
$730
Price × average weight ÷ 100
Grade differential Derived
$226
per head · Medium and Large 1 over Medium and Large 2
$7.95/cwt at this weight
vs the market
−11.94
vs AR average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1563135.3276194
Medium and Large 1-2545133.6772818thin
Medium and Large 2420127.3753514thin
One grade step is worth $7.95/cwt here — about $226 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 sale126 hd
134.20
—
AR average9 barns · 1,547 hd
146.14
−11.94
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—Average1,67583.681,40110
CowsBoner 80-85%High1,18457.4668030
CowsBreaker 75-80%Average1,40354.507654thin
CowsLean 85-90%Average97747.5046415

Every lot

50 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 · Steers18 lots · lightest first
Steers—Medium and Large 2325133.00/cwt133.00–133.004321
Steers—Medium and Large 1330158.64/cwt152.00–170.005249
Steers—Medium and Large 2373128.10/cwt125.00–132.004784
Steers—Medium and Large 1390160.06/cwt155.00–165.006242
Steers—Medium and Large 1416146.63/cwt140.00–158.006109
Steers—Medium and Large 2422128.24/cwt120.00–133.005415
Steers—Medium and Large 2458124.43/cwt120.00–129.005702
Steers—Medium and Large 1462139.79/cwt135.00–145.006465
Steers—Medium and Large 1-2Value Added485135.00/cwt135.00–135.006556
Steers—Medium and Large 1520137.16/cwt130.00–142.0071312
Steers—Medium and Large 2520123.85/cwt120.00–128.006442
Steers—Medium and Large 1Value Added556140.76/cwt135.00–145.007839
Steers—Medium and Large 1570136.21/cwt130.00–145.0077613
Steers—Medium and Large 1-2Value Added575133.00/cwt133.00–133.0076512
Steers—Medium and Large 1622130.14/cwt125.00–137.0080910
Steers—Medium and Large 1672124.44/cwt120.00–126.0083611
Steers—Medium and Large 1745122.00/cwt122.00–122.009091
Steers—Medium and Large 1775113.69/cwt110.00–114.0088113
Feeder Cattle · Heifers14 lots · lightest first
Heifers—Medium and Large 2310120.97/cwt120.00–122.003752
Heifers—Medium and Large 1331151.54/cwt144.00–157.005024
Heifers—Medium and Large 2368117.36/cwt115.00–120.004323
Heifers—Medium and Large 1379138.47/cwt131.00–141.005258
Heifers—Medium and Large 2422115.98/cwt115.00–117.004893
Heifers—Medium and Large 1433127.51/cwt125.00–130.005524
Heifers—Medium and Large 1468128.44/cwt124.00–131.006019
Heifers—Medium and Large 2510106.50/cwt105.00–108.005432
Heifers—Medium and Large 1518124.34/cwt120.00–130.0064414
Heifers—Medium and Large 1565121.82/cwt118.00–127.0068811
Heifers—Medium and Large 1618116.41/cwt115.00–127.0071914
Heifers—Medium and Large 1670113.00/cwt113.00–113.007571
Heifers—Medium and Large 1710103.00/cwt103.00–103.007315
Heifers—Medium and Large 176396.70/cwt92.00–100.007383
Feeder Cattle · Bulls7 lots · lightest first
Bulls—Medium and Large 1468133.82/cwt129.00–141.006266
Bulls—Medium and Large 1524130.10/cwt125.00–135.006824
Bulls—Medium and Large 1567128.28/cwt123.00–138.007273
Bulls—Medium and Large 1640120.02/cwt118.00–122.007682
Bulls—Medium and Large 1678114.40/cwt110.00–120.007765
Bulls—Medium and Large 1731109.23/cwt104.00–112.007985
Bulls—Medium and Large 1785104.00/cwt104.00–104.008161
Slaughter Cattle · Bulls2 lots · lightest first
Bulls——1,44572.72/cwt68.00–78.001,0513
Bulls——1,77388.38/cwt86.00–90.001,5677
Slaughter Cattle · Cows6 lots · lightest first
Cows—Lean 85-90%79838.50/cwt38.00–39.003072
Cows—Lean 85-90%1,00448.89/cwt47.00–53.0049113
Cows—Boner 80-85%1,05847.00/cwt46.00–48.004975
Cows—Boner 80-85%1,12065.00/cwt65.00–65.007281
Cows—Boner 80-85%1,21359.33/cwt55.00–63.0072024
Cows—Breaker 75-80%1,40354.50/cwt54.00–55.007654
Replacement Cattle · Cow-Calf Pairs2 lots · lightest first
Cow-Calf Pairs—Medium and Large 1-21,1251,100.00/cwt1,100.00–1,100.0012,3751
Cow-Calf Pairs—Medium and Large 1-21,4401,090.00/cwt1,090.00–1,090.0015,6961
Replacement Cattle · Bred Cows1 lot · lightest first
Bred Cows—Medium and Large 1-21,08592.27/cwt88.00–97.001,0012

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.