Sale reports / Arkansas / Hope Livestock Auction Inc. / 2020-06-11

Hope Livestock Auction Inc.

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Hope, Arkansas · Thu, Jun 11
● Final56 lots reportedUSDA AMS · slug 2058
Feeder Cattle receipts
582 head
▲ 43 vs last sale 539▼ 102 vs year ago 684 · −14.9%
Slaughter Cattle receipts
105 head
▼ 10 vs last sale 115▼ 69 vs year ago 174 · −39.7%
Replacement Cattle receipts
15 head
▼ 10 vs last sale 25▼ 5 vs year ago 20 · −25.0%
View

Reporter comment USDA

As filed

Compared to last week: Feeder steers 2.00-4.00 lower. Feeder heifers under 450 lbs. steady; over 450 lbs. 4.00-7.00 lower. Slaughter cows steady to 2.00 lower. Slaughter bulls steady to 1.00 lower. Buyer activity was soft. Quality was plain to average. Market as a whole was softer. Yearling type cattle still had more demand.

Weight classPick one — the panels below update

Heifers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb heifers averaged $117.32/cwt on 99 head.
Average price
$117.32
99 head · 516 lb average
Value per head Derived
$606
Price × average weight ÷ 100
Grade differential Derived
$142
per head · Medium and Large 1 over Medium and Large 2
$7.75/cwt at this weight
vs the market
−7.73
vs AR average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1542119.5164771
Medium and Large 2452111.7650528
One grade step is worth $7.75/cwt here — about $142 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 sale99 hd
117.32
—
AR average9 barns · 2,095 hd
125.04
−7.73
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—High1,70688.191,5046thin
CowsBoner 80-85%Average1,24557.6471831
CowsBreaker 75-80%Average1,56057.008891thin
CowsLean 85-90%Average95045.8043518

Every lot

56 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 · Steers15 lots · lightest first
Steers—Medium and Large 1325155.00/cwt155.00–155.005041
Steers—Medium and Large 2330134.00/cwt134.00–134.004421
Steers—Medium and Large 2358132.48/cwt130.00–135.004742
Steers—Medium and Large 1374150.42/cwt145.00–157.005637
Steers—Medium and Large 2422130.12/cwt125.00–135.005493
Steers—Medium and Large 1423141.31/cwt140.00–145.005987
Steers—Medium and Large 2475123.00/cwt123.00–123.005841
Steers—Medium and Large 1493139.50/cwt139.00–140.006882
Steers—Medium and Large 2505120.00/cwt120.00–120.006061
Steers—Medium and Large 1514136.93/cwt130.00–145.0070420
Steers—Medium and Large 1567131.92/cwt130.00–134.0074812
Steers—Medium and Large 1616129.29/cwt125.00–140.0079614
Steers—Medium and Large 1671124.84/cwt121.00–129.008387
Steers—Medium and Large 1718123.61/cwt120.00–128.0088810
Steers—Medium and Large 1825117.00/cwt117.00–117.009651
Feeder Cattle · Heifers18 lots · lightest first
Heifers—Medium and Large 2328117.91/cwt115.00–120.003873
Heifers—Medium and Large 1330144.00/cwt144.00–144.004751
Heifers—Medium and Large 1369138.45/cwt135.00–145.0051110
Heifers—Medium and Large 2370120.00/cwt120.00–120.004442
Heifers—Medium and Large 1415132.22/cwt125.00–137.0054912
Heifers—Medium and Large 2427113.89/cwt107.00–120.004868
Heifers—Medium and Large 1468125.48/cwt123.00–130.005874
Heifers—Medium and Large 2472111.64/cwt105.00–117.0052710
Heifers—Medium and Large 1520121.45/cwt117.00–124.006327
Heifers—Medium and Large 1Fleshy520108.77/cwt105.00–115.005664
Heifers—Medium and Large 2520102.45/cwt100.00–105.005332
Heifers—Medium and Large 1553118.50/cwt115.00–123.006556
Heifers—Medium and Large 2582101.02/cwt100.00–103.005883
Heifers—Medium and Large 1614112.28/cwt107.00–115.006897
Heifers—Medium and Large 1673108.48/cwt105.00–117.007306
Heifers—Medium and Large 1715103.36/cwt100.00–111.0073911
Heifers—Medium and Large 1763101.48/cwt100.00–103.007742
Heifers—Medium and Large 181595.00/cwt95.00–95.007741
Feeder Cattle · Bulls8 lots · lightest first
Bulls—Medium and Large 1463134.34/cwt130.00–137.006226
Bulls—Medium and Large 1528129.25/cwt125.00–133.0068212
Bulls—Medium and Large 1577121.38/cwt119.00–125.0070011
Bulls—Medium and Large 1631118.99/cwt115.00–123.007519
Bulls—Medium and Large 1687110.00/cwt107.00–115.007563
Bulls—Medium and Large 1713109.81/cwt97.00–117.007834
Bulls—Medium and Large 1750107.00/cwt104.00–110.008032
Bulls—Medium and Large 1815100.00/cwt100.00–100.008151
Slaughter Cattle · Bulls3 lots · lightest first
Bulls——1,45074.00/cwt74.00–74.001,0731
Bulls——1,57084.55/cwt84.00–85.001,3272
Bulls——1,88295.34/cwt94.00–97.001,7943
Slaughter Cattle · Cows6 lots · lightest first
Cows—Lean 85-90%77336.51/cwt36.00–37.002822
Cows—Lean 85-90%97246.96/cwt42.00–52.0045616
Cows—Boner 80-85%1,03641.69/cwt38.00–45.004324
Cows—Boner 80-85%1,25959.00/cwt55.00–62.0074322
Cows—Boner 80-85%1,35064.43/cwt64.00–65.008705
Cows—Breaker 75-80%1,56057.00/cwt57.00–57.008891
Replacement Cattle · Bred Cows5 lots · lightest first
Bred Cows—Medium and Large 1-21,055880.00/cwt880.00–880.009,2841
Bred Cows—Medium and Large 1-21,115810.00/cwt810.00–810.009,0321
Bred Cows—Medium and Large 1-21,208969.25/cwt910.00–1,010.0011,7095
Bred Cows—Medium and Large 1-21,2351,000.00/cwt1,000.00–1,000.0012,3501
Bred Cows—Medium and Large 1-21,240930.00/cwt930.00–930.0011,5321
Replacement Cattle · Cow-Calf Pairs1 lot · lightest first
Cow-Calf Pairs—Medium and Large 1-21,470950.00/cwt950.00–950.0013,9651

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.