Sale reports / Arkansas / Hope Livestock Auction Inc. / 2020-07-30

Hope Livestock Auction Inc.

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Hope, Arkansas · Thu, Jul 30
● Final55 lots reportedUSDA AMS · slug 2058
Feeder Cattle receipts
717 head
▲ 70 vs last sale 647▼ 58 vs year ago 775 · −7.5%
Slaughter Cattle receipts
75 head
▼ 46 vs last sale 121▼ 24 vs year ago 99 · −24.2%
Replacement Cattle receipts
10 head
▼ 30 vs last sale 40▼ 5 vs year ago 15 · −33.3%
View

Reporter comment USDA

As filed

Compared to last week: Feeder steers 2.00-5.00 higher. Feeder heifers 2.00-4.00 higher. Slaughter cows 3.00-10.00 higher. Slaughter bulls steady. Quality was average to attractive. Buyer activity was active. Had a sizeable offering of value added cattle along with a straight load of weaned heifers that were sold on video.

Weight classPick one — the panels below update

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $142.03/cwt on 192 head.
Average price
$142.03
192 head · 555 lb average
Value per head Derived
$788
Price × average weight ÷ 100
Grade differential Derived
$217
per head · Medium and Large 1 over Medium and Large 2
$8.02/cwt at this weight
vs the market
−2.91
vs AR average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1574143.24822163
Medium and Large 2448135.2260629
One grade step is worth $8.02/cwt here — about $217 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 sale192 hd
142.03
—
AR average7 barns · 1,317 hd
144.94
−2.91
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—Average1,61777.471,2523thin
CowsBoner 80-85%Average1,21169.3984127
CowsBreaker 75-80%Average1,37560.008251thin
CowsLean 85-90%Average94747.3944912

Every lot

55 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 1331177.89/cwt172.00–185.005898
Steers—Medium and Large 2365145.67/cwt145.00–147.005323
Steers—Medium and Large 1367172.74/cwt170.00–175.006349
Steers—Medium and Large 2429139.50/cwt135.00–143.0059812
Steers—Medium and Large 1430161.11/cwt155.00–167.0069310
Steers—Medium and Large 1463150.90/cwt147.00–155.0069911
Steers—Medium and Large 2470131.01/cwt130.00–135.0061611
Steers—Medium and Large 1522141.59/cwt136.00–149.0073915
Steers—Medium and Large 2527123.05/cwt120.00–125.006483
Steers—Medium and Large 1573137.37/cwt125.00–144.0078720
Steers—Medium and Large 1Value Added575143.00/cwt143.00–143.008227
Steers—Medium and Large 1623135.69/cwt130.00–143.0084532
Steers—Medium and Large 1669134.01/cwt129.00–139.0089715
Steers—Medium and Large 1Value Added681137.37/cwt137.00–138.0093527
Steers—Medium and Large 1717130.69/cwt128.00–138.009377
Steers—Medium and Large 1778125.51/cwt123.00–128.009762
Feeder Cattle · Heifers22 lots · lightest first
Heifers—Medium and Large 1326142.43/cwt140.00–145.004644
Heifers—Medium and Large 2335125.00/cwt125.00–125.004191
Heifers—Medium and Large 2368120.00/cwt117.00–123.004423
Heifers—Medium and Large 1369140.64/cwt137.00–147.005198
Heifers—Medium and Large 2422120.47/cwt119.00–122.005086
Heifers—Medium and Large 1425137.50/cwt132.00–140.005848
Heifers—Medium and Large 1465132.40/cwt130.00–137.0061610
Heifers—Medium and Large 2467116.98/cwt115.00–118.005463
Heifers—Medium and Large 1Replacement515200.00/cwt200.00–200.001,0301
Heifers—Medium and Large 2527117.84/cwt115.00–120.006216
Heifers—Medium and Large 1528128.92/cwt126.00–131.0068110
Heifers—Medium and Large 2562112.67/cwt110.00–115.006333
Heifers—Medium and Large 1Replacement568159.85/cwt155.00–165.009082
Heifers—Medium and Large 1570126.61/cwt124.00–129.0072217
Heifers—Medium and Large 1Replacement610155.00/cwt155.00–155.009461
Heifers—Medium and Large 1624124.20/cwt122.00–126.0077510
Heifers—Medium and Large 1650125.00/cwt125.00–125.008131
Heifers—Medium and Large 1Value Added675129.50/cwt129.50–129.5087471
Heifers—Medium and Large 1715118.98/cwt117.00–122.008513
Heifers—Medium and Large 1Replacement730165.00/cwt165.00–165.001,2051
Heifers—Medium and Large 1850115.00/cwt115.00–115.009781
Heifers—Medium and Large 1Replacement900120.00/cwt120.00–120.001,0803
Feeder Cattle · Bulls7 lots · lightest first
Bulls—Medium and Large 1477140.97/cwt138.00–145.006725
Bulls—Medium and Large 1533133.60/cwt129.00–138.0071210
Bulls—Medium and Large 1584127.79/cwt125.00–130.007464
Bulls—Medium and Large 1625124.73/cwt123.00–127.007804
Bulls—Medium and Large 1665119.00/cwt119.00–119.007911
Bulls—Medium and Large 1720112.00/cwt112.00–112.008061
Bulls—Medium and Large 1785107.00/cwt107.00–107.008401
Slaughter Cattle · Bulls2 lots · lightest first
Bulls——1,38056.00/cwt56.00–56.007731
Bulls——1,73588.20/cwt82.00–93.001,5302
Slaughter Cattle · Cows5 lots · lightest first
Cows—Lean 85-90%81031.53/cwt30.00–35.002553
Cows—Lean 85-90%99352.67/cwt46.00–57.005239
Cows—Boner 80-85%1,17163.28/cwt59.00–71.0074114
Cows—Boner 80-85%1,25575.96/cwt70.00–81.0095313
Cows—Breaker 75-80%1,37560.00/cwt60.00–60.008251
Replacement Cattle · Cow-Calf Pairs3 lots · lightest first
Cow-Calf Pairs—Medium and Large 1-21,1351,000.00/cwt1,000.00–1,000.0011,3501
Cow-Calf Pairs—Medium and Large 1-21,3501,150.00/cwt1,150.00–1,150.0015,5251
Cow-Calf Pairs—Medium and Large 1-21,6001,500.00/cwt1,500.00–1,500.0024,0001

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.