Sale reports / Arkansas / Hope Livestock Auction Inc. / 2020-10-15

Hope Livestock Auction Inc.

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Hope, Arkansas · Thu, Oct 15
● Final48 lots reportedUSDA AMS · slug 2058
Feeder Cattle receipts
1,085 head
▲ 1,085 vs last sale 0▼ 69 vs year ago 1,154 · −6.0%
Slaughter Cattle receipts
153 head
▲ 153 vs last sale 0▼ 153 vs year ago 306 · −50.0%
Replacement Cattle receipts
10 head
▲ 10 vs last sale 0▼ 45 vs year ago 55 · −81.8%
View

Reporter comment USDA

As filed

Compared to two weeks ago: Feeder steers 5.00-15.00 lower. Feeder heifers 5.00-10.00 lower. Slaughter cows 1.00-5.00 lower. Slaughter bulls 3.00-10.00 lower. Quality was plain to average. Buyer activity was light. Numerous new crop calves have come to town. Buyers are not as interested in buying these fresh calves with the weather changes taking place. Yearling type cattle and preconditioned cattle still have good demand. Sold a load of preconditioned cattle on video that topped the market.

Weight classPick one — the panels below update

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $134.42/cwt on 225 head.
Average price
$134.42
225 head · 565 lb average
Value per head Derived
$760
Price × average weight ÷ 100
Grade differential Derived
$248
per head · Medium and Large 1 over Medium and Large 2
$11.06/cwt at this weight
vs the market
−3.14
vs AR average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1585135.90794195
Medium and Large 2438124.8454730
One grade step is worth $11.06/cwt here — about $248 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 sale225 hd
134.42
—
AR average9 barns · 1,366 hd
137.57
−3.14
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—Average1,60767.071,0787thin
CowsBoner 80-85%Average1,18445.3653743
CowsBreaker 75-80%Average1,44543.486282thin
CowsLean 85-90%Average95034.3932713

Every lot

48 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 2320135.06/cwt130.00–140.004324
Steers—Medium and Large 1328154.93/cwt152.00–158.005082
Steers—Medium and Large 1369153.63/cwt150.00–157.005679
Steers—Medium and Large 2378132.00/cwt130.00–135.004994
Steers—Medium and Large 1425149.14/cwt142.00–155.0063431
Steers—Medium and Large 2428126.88/cwt123.00–130.0054310
Steers—Medium and Large 1475137.17/cwt130.00–145.0065215
Steers—Medium and Large 2476119.73/cwt115.00–123.005707
Steers—Medium and Large 1517133.63/cwt127.00–143.0069118
Steers—Medium and Large 2533117.95/cwt116.00–120.006292
Steers—Medium and Large 2558111.35/cwt105.00–115.006213
Steers—Medium and Large 1570124.00/cwt120.00–129.007078
Steers—Medium and Large 1623121.94/cwt120.00–125.0076019
Steers—Medium and Large 1669122.68/cwt120.00–126.008219
Steers—Medium and Large 1Value Added680137.25/cwt137.25–137.2593373
Steers—Medium and Large 1721119.16/cwt115.00–125.008597
Steers—Medium and Large 1790115.00/cwt115.00–115.009092
Steers—Medium and Large 1865112.47/cwt110.00–115.009732
Feeder Cattle · Heifers15 lots · lightest first
Heifers—Medium and Large 1319135.76/cwt133.00–138.004336
Heifers—Medium and Large 2328120.02/cwt117.00–123.003942
Heifers—Medium and Large 1369133.82/cwt131.00–137.004946
Heifers—Medium and Large 2373119.27/cwt115.00–124.004453
Heifers—Medium and Large 2423111.78/cwt110.00–115.004735
Heifers—Medium and Large 1429127.34/cwt120.00–135.0054610
Heifers—Medium and Large 2466110.62/cwt109.00–113.005155
Heifers—Medium and Large 1470121.34/cwt118.00–125.0057014
Heifers—Medium and Large 1514117.61/cwt115.00–124.0060511
Heifers—Medium and Large 2524107.52/cwt103.00–110.005638
Heifers—Medium and Large 1577114.03/cwt110.00–123.0065810
Heifers—Medium and Large 1616115.76/cwt113.00–121.007134
Heifers—Medium and Large 1670112.45/cwt108.00–116.007539
Heifers—Medium and Large 1726109.76/cwt105.00–114.007975
Heifers—Medium and Large 1784109.57/cwt105.00–114.008595
Feeder Cattle · Bulls6 lots · lightest first
Bulls—Medium and Large 1481125.51/cwt123.00–128.006048
Bulls—Medium and Large 1533119.04/cwt115.00–125.0063415
Bulls—Medium and Large 1572116.78/cwt112.00–124.0066810
Bulls—Medium and Large 1621112.12/cwt107.00–117.006965
Bulls—Medium and Large 1677107.98/cwt105.00–110.007313
Bulls—Medium and Large 1733104.02/cwt98.00–110.007622
Slaughter Cattle · Bulls2 lots · lightest first
Bulls——1,43355.32/cwt53.00–58.007932
Bulls——1,67671.77/cwt70.00–76.001,2035
Slaughter Cattle · Cows6 lots · lightest first
Cows—Lean 85-90%86025.33/cwt25.00–26.002183
Cows—Lean 85-90%97737.11/cwt34.00–40.0036310
Cows—Boner 80-85%1,07735.84/cwt34.00–37.003866
Cows—Boner 80-85%1,19246.30/cwt42.00–52.0055234
Cows—Boner 80-85%1,31353.71/cwt53.00–54.007053
Cows—Breaker 75-80%1,44543.48/cwt42.00–45.006282
Replacement Cattle · Bred Cows1 lot · lightest first
Bred Cows—Medium and Large 1-21,043901.38/cwt875.00–925.009,4012

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.