Sale reports / Arkansas / Hope Livestock Auction Inc. / 2020-10-22

Hope Livestock Auction Inc.

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Hope, Arkansas · Thu, Oct 22
● Final54 lots reportedUSDA AMS · slug 2058
Feeder Cattle receipts
781 head
▼ 304 vs last sale 1,085▼ 644 vs year ago 1,425 · −45.2%
Slaughter Cattle receipts
220 head
▲ 67 vs last sale 153▼ 129 vs year ago 349 · −37.0%
Replacement Cattle receipts
45 head
▲ 35 vs last sale 10▲ 0 vs year ago 45 · +0.0%
View

Reporter comment USDA

As filed

Compared to last week: Feeder steers 3.00-10.00 lower. Feeder heifers under 500 lbs. 6.00-12.00 lower; over 500 lbs. 2.00-7.00 lower. Slaughter cows steady. Slaughter bulls steady to 2.00 higher. Buyer activity was limited. Quality was plain to average.

Weight classPick one — the panels below update

Steers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb steers averaged $127.77/cwt on 111 head.
Average price
$127.77
111 head · 501 lb average
Value per head Derived
$640
Price × average weight ÷ 100
Grade differential Derived
$187
per head · Medium and Large 1 over Medium and Large 2
$9.87/cwt at this weight
vs the market
−3.06
vs AR average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1520129.4667492
Medium and Large 2407119.5948719thin
One grade step is worth $9.87/cwt here — about $187 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 sale111 hd
127.77
—
AR average9 barns · 847 hd
130.83
−3.06
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—Low1,64869.581,14712
CowsBreaker 75-80%Average1,58546.007291thin
CowsBoner 80-85%Low1,20244.9854155
CowsLean 85-90%Very Low95933.8832524

Every lot

54 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 1313147.81/cwt142.00–150.004636
Steers—Medium and Large 2321125.00/cwt125.00–125.004014
Steers—Medium and Large 2362123.70/cwt120.00–125.004486
Steers—Medium and Large 1383143.55/cwt135.00–150.005506
Steers—Medium and Large 1420139.79/cwt134.00–145.0058721
Steers—Medium and Large 2428120.00/cwt120.00–120.005142
Steers—Medium and Large 1468134.23/cwt130.00–137.006285
Steers—Medium and Large 2470115.00/cwt115.00–115.005414
Steers—Medium and Large 2513110.03/cwt105.00–115.005643
Steers—Medium and Large 1516126.76/cwt122.00–130.0065414
Steers—Medium and Large 1569121.62/cwt119.00–127.006928
Steers—Medium and Large 1Value Added625124.00/cwt124.00–124.007754
Steers—Medium and Large 1625118.81/cwt115.00–122.0074310
Steers—Medium and Large 1Value Added655124.00/cwt124.00–124.008123
Steers—Medium and Large 1660116.91/cwt114.00–120.0077212
Steers—Medium and Large 1708116.32/cwt115.00–118.008243
Feeder Cattle · Heifers14 lots · lightest first
Heifers—Medium and Large 1323123.49/cwt122.00–125.003992
Heifers—Medium and Large 2328110.00/cwt110.00–110.003613
Heifers—Medium and Large 2363110.00/cwt110.00–110.003992
Heifers—Medium and Large 1371122.29/cwt120.00–130.004545
Heifers—Medium and Large 2426106.01/cwt104.00–110.004528
Heifers—Medium and Large 1427118.57/cwt115.00–122.005067
Heifers—Medium and Large 1468115.56/cwt114.00–120.0054112
Heifers—Medium and Large 2475102.96/cwt100.00–105.004895
Heifers—Medium and Large 1517112.92/cwt110.00–125.0058415
Heifers—Medium and Large 2522100.96/cwt100.00–103.005273
Heifers—Medium and Large 1568109.97/cwt105.00–115.006257
Heifers—Medium and Large 1633109.25/cwt105.00–115.006928
Heifers—Medium and Large 1671110.01/cwt109.00–111.007384
Heifers—Medium and Large 1725107.04/cwt105.00–109.007762
Feeder Cattle · Bulls6 lots · lightest first
Bulls—Medium and Large 1461121.72/cwt119.00–126.005614
Bulls—Medium and Large 1516116.45/cwt111.00–120.006017
Bulls—Medium and Large 1577111.48/cwt107.00–120.0064310
Bulls—Medium and Large 1625109.98/cwt107.00–113.006872
Bulls—Medium and Large 1667106.54/cwt100.00–111.007117
Bulls—Medium and Large 176097.00/cwt97.00–97.007371
Slaughter Cattle · Bulls2 lots · lightest first
Bulls——1,38959.55/cwt58.00–60.008274
Bulls——1,77874.60/cwt71.00–80.001,3268
Slaughter Cattle · Cows7 lots · lightest first
Cows—Lean 85-90%88328.12/cwt25.00–33.002488
Cows—Lean 85-90%91022.00/cwt22.00–22.002001
Cows—Lean 85-90%1,00237.74/cwt34.00–41.0037815
Cows—Boner 80-85%1,02334.70/cwt30.00–38.0035510
Cows—Boner 80-85%1,22946.81/cwt42.00–52.0057542
Cows—Boner 80-85%1,42353.70/cwt53.00–54.007643
Cows—Breaker 75-80%1,58546.00/cwt46.00–46.007291
Replacement Cattle · Cow-Calf Pairs3 lots · lightest first
Cow-Calf Pairs—Medium and Large 1-21,2101,025.00/cwt1,025.00–1,025.0012,4031
Cow-Calf Pairs—Medium and Large 1-21,261843.19/cwt775.00–900.0010,6334
Cow-Calf Pairs—Medium and Large 1-21,2731,124.87/cwt1,100.00–1,150.0014,3203
Replacement Cattle · Stock Cows1 lot · lightest first
Stock Cows—Medium and Large 1-288364.41/cwt61.00–70.005695
Replacement Cattle · Bred Cows5 lots · lightest first
Bred Cows—Medium and Large 1-21,022933.64/cwt750.00–1,050.009,5428
Bred Cows—Medium and Large 1-21,0401,180.89/cwt1,125.00–1,250.0012,2812
Bred Cows—Medium and Large 1-21,068687.88/cwt675.00–700.007,3472
Bred Cows—Medium and Large 1-21,135739.95/cwt700.00–800.008,3984
Bred Cows—Medium and Large 1-21,211854.56/cwt800.00–950.0010,3495

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.