Sale reports / Arkansas / Hope Livestock Auction Inc. / 2020-08-27

Hope Livestock Auction Inc.

Name: Hope Livestock Auction Inc. livestock auction prices — 2020-08-27
Creator: RaisedBeef
Published: 2020-08-27

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Hope, Arkansas · Thu, Aug 27

● Final46 lots reportedUSDA AMS · slug 2058

← Aug 13Aug 27Sep 3 →

Feeder Cattle receipts

367 head

▼ 200 vs last sale 567▼ 734 vs year ago 1,101 · −66.7%

Slaughter Cattle receipts

51 head

▲ 3 vs last sale 48▼ 76 vs year ago 127 · −59.8%

Replacement Cattle receipts

15 head

▲ 5 vs last sale 10▼ 10 vs year ago 25 · −40.0%

View

Reporter comment USDA

As filed

Compared to two weeks ago: Feeder steers 3.00-10.00 lower. Feeder heifers 3.00-8.00 lower. Slaughter cows 2.00-3.00 lower. Slaughter bulls steady. Quality was plain to average. Limited receipts due to inclement weather.

Weight class — the figures below change to match

Weight classPick one — the panels below update

Heifers · summary 0–100 lb

Weighted average of every reported lot

0–100 lb heifers averaged $123.96/cwt on 110 head.

Average price

$123.96

110 head · 640 lb average

Value per head Derived

$793

Price × average weight ÷ 100

Grade differential Derived

$328

per head · Medium and Large 1 over Medium and Large 2

$11.45/cwt at this weight

vs the market

−8.17

vs AR average

Price by quality 0–100 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1	658	124.89	821	101
Medium and Large 2	435	113.44	493	9thin

One grade step is worth $11.45/cwt here — about $328 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 sale110 hd

123.96

—

AR average9 barns · 1,998 hd

132.13

−8.17

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.

Class	Grade	Dressing	Avg wt	$/cwt	$/head	Head
Bulls	—	High	1,676	91.49	1,534	4thin
Cows	Boner 80-85%	High	1,223	54.49	666	23
Cows	Lean 85-90%	Low	964	46.63	450	7thin

Every lot

46 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.

Class	Weight	Grade / description	Avg wt	Price	Range	Per head	Head
Feeder Cattle · Steers14 lots · lightest first
Steers	—	Medium and Large 1	325	172.59/cwt	165.00–180.00	561	6
Steers	—	Medium and Large 1	369	162.97/cwt	160.00–168.00	601	7
Steers	—	Medium and Large 2	376	137.98/cwt	130.00–145.00	519	5
Steers	—	Medium and Large 2	415	131.04/cwt	125.00–135.00	544	8
Steers	—	Medium and Large 1	430	159.94/cwt	155.00–165.00	688	2
Steers	—	Medium and Large 1	470	144.98/cwt	142.00–148.00	681	3
Steers	—	Medium and Large 2	488	123.98/cwt	123.00–125.00	605	2
Steers	—	Medium and Large 2	517	122.73/cwt	119.00–127.00	635	5
Steers	—	Medium and Large 1	529	139.72/cwt	137.00–145.00	739	4
Steers	—	Medium and Large 1	572	134.58/cwt	130.00–138.00	770	3
Steers	—	Medium and Large 2	590	118.00/cwt	118.00–118.00	696	1
Steers	—	Medium and Large 1	640	131.70/cwt	127.00–136.00	843	3
Steers	—	Medium and Large 1	674	126.99/cwt	125.00–132.00	856	6
Steers	—	Medium and Large 1	700	122.00/cwt	122.00–122.00	854	1
Feeder Cattle · Heifers14 lots · lightest first
Heifers	—	Medium and Large 2	305	115.00/cwt	115.00–115.00	351	1
Heifers	—	Medium and Large 1	345	139.00/cwt	139.00–139.00	480	1
Heifers	—	Medium and Large 2	355	117.00/cwt	117.00–117.00	415	1
Heifers	—	Medium and Large 1	375	136.84/cwt	131.00–143.00	513	2
Heifers	—	Medium and Large 2	421	112.00/cwt	110.00–115.00	472	4
Heifers	—	Medium and Large 1	425	130.32/cwt	125.00–140.00	554	6
Heifers	—	Medium and Large 2	465	113.00/cwt	113.00–113.00	525	1
Heifers	—	Medium and Large 1	478	130.01/cwt	127.00–135.00	621	6
Heifers	—	Medium and Large 2	520	117.00/cwt	117.00–117.00	608	1
Heifers	—	Medium and Large 1	529	124.45/cwt	123.00–127.00	658	4
Heifers	—	Medium and Large 1	570	122.61/cwt	121.00–125.00	699	8
Heifers	—	Medium and Large 2	585	111.00/cwt	111.00–111.00	649	1
Heifers	—	Medium and Large 1	623	120.25/cwt	118.00–122.00	749	4
Heifers	—	Medium and Large 1	725	124.00/cwt	124.00–124.00	899	70
Feeder Cattle · Bulls6 lots · lightest first
Bulls	—	Medium and Large 1	472	135.92/cwt	133.00–140.00	642	3
Bulls	—	Medium and Large 1	524	125.16/cwt	122.00–130.00	656	4
Bulls	—	Medium and Large 1	555	122.99/cwt	120.00–127.00	683	5
Bulls	—	Medium and Large 1	630	119.00/cwt	119.00–119.00	750	1
Bulls	—	Medium and Large 1	673	113.51/cwt	110.00–115.00	764	4
Bulls	—	Medium and Large 1	715	109.00/cwt	109.00–109.00	779	1
Slaughter Cattle · Bulls2 lots · lightest first
Bulls	—	—	1,650	95.00/cwt	95.00–95.00	1,568	1
Bulls	—	—	1,685	90.32/cwt	88.00–92.00	1,522	3
Slaughter Cattle · Cows5 lots · lightest first
Cows	—	Lean 85-90%	865	34.00/cwt	34.00–34.00	294	1
Cows	—	Lean 85-90%	981	48.74/cwt	45.00–51.00	478	6
Cows	—	Boner 80-85%	1,036	42.26/cwt	40.00–45.00	438	4
Cows	—	Boner 80-85%	1,261	56.68/cwt	53.00–60.00	715	18
Cows	—	Boner 80-85%	1,285	64.00/cwt	64.00–64.00	822	1
Replacement Cattle · Cow-Calf Pairs2 lots · lightest first
Cow-Calf Pairs	—	Medium and Large 1-2	1,193	1,128.93/cwt	1,000.00–1,225.00	13,468	4
Cow-Calf Pairs	—	Medium and Large 1-2	1,265	950.00/cwt	950.00–950.00	12,018	1
Replacement Cattle · Bred Cows3 lots · lightest first
Bred Cows	—	Medium and Large 1-2	1,135	894.05/cwt	875.00–900.00	10,147	4
Bred Cows	—	Medium and Large 1-2	1,230	850.00/cwt	850.00–850.00	10,455	1
Bred Cows	—	Medium and Large 1-2	1,270	975.00/cwt	975.00–975.00	12,383	1

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.

Arkansas feeder prices, every weight →Every state and region →

Hope Livestock Auction - Hope, AR

Thu Aug 27, 2020

USDA Livestock, Poultry & Grain Market News · Federal-State Market News Service, Little Rock, AR (LS-LR)

Feeder CattleReceipts 367Last week 567Year ago 1,101

Slaughter CattleReceipts 51Last week 48Year ago 127

Replacement CattleReceipts 15Last week 10Year ago 25

Feeder Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Bulls — Medium and Large 1$ per cwt · actual wt
1	—	630	119.00	119.00
1	—	715	109.00	109.00
3	—	472	133.00–140.00	135.92
4	—	524	122.00–130.00	125.16
4	—	673	110.00–115.00	113.51
5	—	555	120.00–127.00	122.99

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 1$ per cwt · actual wt
3	—	572	130.00–138.00	134.58
6	—	325	165.00–180.00	172.59
6	—	674	125.00–132.00	126.99
7	—	369	160.00–168.00	162.97
3	—	640	127.00–136.00	131.70
4	—	529	137.00–145.00	139.72
1	—	700	122.00	122.00
2	—	430	155.00–165.00	159.94
3	—	470	142.00–148.00	144.98

Head	Wt range	Avg wt	Price range	Avg price
Steers — Medium and Large 2$ per cwt · actual wt
1	—	590	118.00	118.00
8	—	415	125.00–135.00	131.04
2	—	488	123.00–125.00	123.98
5	—	376	130.00–145.00	137.98
5	—	517	119.00–127.00	122.73

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 1$ per cwt · actual wt
70	—	725	124.00	124.00
1	—	345	139.00	139.00
2	—	375	131.00–143.00	136.84
8	—	570	121.00–125.00	122.61
4	—	529	123.00–127.00	124.45
4	—	623	118.00–122.00	120.25
6	—	425	125.00–140.00	130.32
6	—	478	127.00–135.00	130.01

Head	Wt range	Avg wt	Price range	Avg price
Heifers — Medium and Large 2$ per cwt · actual wt
1	—	585	111.00	111.00
4	—	421	110.00–115.00	112.00
1	—	355	117.00	117.00
1	—	465	113.00	113.00
1	—	520	117.00	117.00
1	—	305	115.00	115.00

Replacement Cattle

As reported

Age	Stage	Head	Wt range	Avg wt	Price range	Avg price
Cow-Calf Pairs — Medium and Large 1-2$ per cwt · actual wt
Middle Aged (5-8 yrs)	Open	4	—	1,193	1,000.00–1,225.00	1,128.93
Aged (>8 yrs)	Open	1	—	1,265	950.00	950.00

Age	Stage	Head	Wt range	Avg wt	Price range	Avg price
Bred Cows — Medium and Large 1-2$ per cwt · actual wt
Aged (>8 yrs)	3rd Stage (7-9 mo)	1	—	1,230	850.00	850.00
Middle Aged (5-8 yrs)	3rd Stage (7-9 mo)	1	—	1,270	975.00	975.00
Middle Aged (5-8 yrs)	2nd Stage (4-6 mo)	4	—	1,135	875.00–900.00	894.05

Slaughter Cattle

As reported

Head	Wt range	Avg wt	Price range	Avg price
Cows — Lean 85-90%$ per cwt · actual wt
1	—	865	34.00	34.00
6	—	981	45.00–51.00	48.74

Head	Wt range	Avg wt	Price range	Avg price
Cows — Boner 80-85%$ per cwt · actual wt
1	—	1,285	64.00	64.00
4	—	1,036	40.00–45.00	42.26
18	—	1,261	53.00–60.00	56.68

Head	Wt range	Avg wt	Price range	Avg price
Bulls$ per cwt · actual wt
1	—	1,650	95.00	95.00
3	—	1,685	88.00–92.00	90.32

Head, weight ranges, average weights and price ranges are exactly as USDA AMS filed them — nothing recomputed, nothing rounded — in USDA's own reporting structure. This is RaisedBeef's rendering of that data, not a copy of USDA's document.