Sale reports / Arkansas / Hope Livestock Auction Inc. / 2020-07-16

Hope Livestock Auction Inc.

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Hope, Arkansas · Thu, Jul 16
● Final53 lots reportedUSDA AMS · slug 2058
Feeder Cattle receipts
605 head
▼ 402 vs last sale 1,007▼ 237 vs year ago 842 · −28.1%
Slaughter Cattle receipts
102 head
▼ 10 vs last sale 112▲ 32 vs year ago 70 · +45.7%
Replacement Cattle receipts
30 head
▼ 15 vs last sale 45▲ 20 vs year ago 10 · +200.0%
View

Reporter comment USDA

As filed

Compared to last week: Feeder steers under 600 lbs. 4.00-8.00 higher; over 600 lbs. 2.00-4.00 higher. Feeder heifers under 500 lbs. 1.00-2.00 lower; over 500 lbs. steady to 2.00 higher. Quality was average.

Weight classPick one — the panels below update

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $139.81/cwt on 163 head.
Average price
$139.81
163 head · 521 lb average
Value per head Derived
$728
Price × average weight ÷ 100
Grade differential Derived
$172
per head · Medium and Large 1 over Medium and Large 2
$13.99/cwt at this weight
vs the market
−4.22
vs AR average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1534142.30760134
Medium and Large 2458128.3158829
One grade step is worth $13.99/cwt here — about $172 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 sale163 hd
139.81
—
AR average9 barns · 1,417 hd
144.02
−4.22
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—Average1,73885.091,47911
CowsBoner 80-85%High1,22058.1270935
CowsBreaker 75-80%Average1,52956.528642thin
CowsLean 85-90%Low93847.2144313

Every lot

53 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 · Steers16 lots · lightest first
Steers—Medium and Large 2325132.62/cwt130.00–135.004312
Steers—Medium and Large 1336165.83/cwt159.00–170.005578
Steers—Medium and Large 2358135.98/cwt135.00–137.004872
Steers—Medium and Large 1384161.67/cwt155.00–167.0062110
Steers—Medium and Large 1429155.08/cwt147.00–163.0066520
Steers—Medium and Large 2430130.53/cwt125.00–135.0056111
Steers—Medium and Large 2479129.21/cwt127.00–131.006195
Steers—Medium and Large 1481149.55/cwt141.00–157.0071913
Steers—Medium and Large 1519141.16/cwt134.00–146.0073316
Steers—Medium and Large 2523123.26/cwt120.00–127.006457
Steers—Medium and Large 1565135.48/cwt130.00–144.0076523
Steers—Medium and Large 2570119.51/cwt119.00–120.006812
Steers—Medium and Large 1622132.74/cwt129.00–139.0082625
Steers—Medium and Large 1665127.99/cwt125.00–131.008517
Steers—Medium and Large 1718124.79/cwt120.00–131.0089610
Steers—Medium and Large 1768120.98/cwt120.00–122.009292
Feeder Cattle · Heifers16 lots · lightest first
Heifers—Medium and Large 1315137.00/cwt137.00–137.004321
Heifers—Medium and Large 2320120.00/cwt120.00–120.003841
Heifers—Medium and Large 2370116.97/cwt115.00–119.004332
Heifers—Medium and Large 1373139.26/cwt137.00–141.005197
Heifers—Medium and Large 1418136.88/cwt130.00–159.0057211
Heifers—Medium and Large 2427115.84/cwt110.00–120.0049510
Heifers—Medium and Large 2464114.61/cwt111.00–117.005325
Heifers—Medium and Large 1473128.56/cwt124.00–136.0060815
Heifers—Medium and Large 2520113.50/cwt110.00–117.005902
Heifers—Medium and Large 1527126.45/cwt120.00–133.006669
Heifers—Medium and Large 2553109.00/cwt109.00–109.006032
Heifers—Medium and Large 1567122.59/cwt120.00–125.0069515
Heifers—Medium and Large 2610100.00/cwt100.00–100.006101
Heifers—Medium and Large 1615122.41/cwt120.00–125.0075310
Heifers—Medium and Large 1670120.17/cwt117.00–123.008057
Heifers—Medium and Large 1750113.00/cwt113.00–113.008481
Feeder Cattle · Bulls6 lots · lightest first
Bulls—Medium and Large 1490135.51/cwt135.00–137.006644
Bulls—Medium and Large 1528129.56/cwt125.00–134.0068411
Bulls—Medium and Large 1578124.43/cwt120.00–128.007197
Bulls—Medium and Large 1623123.34/cwt119.00–127.007688
Bulls—Medium and Large 1715117.00/cwt117.00–117.008371
Bulls—Medium and Large 1865100.00/cwt100.00–100.008651
Slaughter Cattle · Bulls3 lots · lightest first
Bulls——1,55872.85/cwt72.00–74.001,1352
Bulls——1,77387.03/cwt84.00–91.001,5438
Bulls——1,82094.00/cwt94.00–94.001,7111
Slaughter Cattle · Cows6 lots · lightest first
Cows—Lean 85-90%78535.66/cwt32.00–39.002802
Cows—Lean 85-90%96649.31/cwt46.00–52.0047611
Cows—Boner 80-85%1,05846.28/cwt44.00–48.004904
Cows—Boner 80-85%1,23859.28/cwt56.00–64.0073429
Cows—Boner 80-85%1,27565.00/cwt65.00–65.008292
Cows—Breaker 75-80%1,52956.52/cwt56.00–57.008642
Replacement Cattle · Cow-Calf Pairs3 lots · lightest first
Cow-Calf Pairs—Medium and Large 1-21,355910.00/cwt910.00–910.0012,3311
Cow-Calf Pairs—Medium and Large 1-21,4261,083.29/cwt1,040.00–1,140.0015,4484
Cow-Calf Pairs—Medium and Large 1-21,6401,140.00/cwt1,140.00–1,140.0018,6961
Replacement Cattle · Bred Cows3 lots · lightest first
Bred Cows—Medium and Large 1-21,116720.01/cwt680.00–760.008,03516
Bred Cows—Medium and Large 1-21,19575.00/cwt75.00–75.008961
Bred Cows—Medium and Large 1-21,38070.00/cwt70.00–70.009661

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.