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Livestock report

By submitted, 03/30/18 9:30 AM

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Hope Livestock Auction, Hope, AR
Weighted Average Report for Thursday Mar 29, 2018

Cattle Receipts:  785    Last week: 1180     Last year: 964

   Compared to last week:  Feeder steers 4.00-9.00 lower.  Feeder heifers 3.00-
10.00 lower.  Slaughter cows 2.00-5.00 higher.  Slaughter bulls 2.00 higher.  
Supply included 540 feeder calves, 160 yearlings, 10 replacement cows, 60 
slaughter cows; 15 slaughter bulls. Feeder supply consisted of 40 percent 
English and English crosses; 36 percent Exotic and Exotic crosses; 24 percent 
Brahman and Brahman crosses.  Feeder supply included 52 percent steers and 
bulls; 48 percent heifers.

Please Note:
The below USDA LPGMN price report is reflective of the majority of classes and 
grades of livestock offered for sale.  There may be instances where some sales 
do not fit within reporting guidelines and therefore will not be included in 
the report.  Prices are reported on a per cwt basis, unless otherwise noted.

Feeder Steers                Medium and Large 1
 Head   Wt Range   Avg Wt    Price Range   Avg Price
    9    300-345    319    180.00-205.00     185.85
   11    355-395    373    170.00-183.00     176.77
   20    400-440    424    165.00-177.00     170.17
   44    450-495    482    160.00-170.00     166.10
    9    450-495    470    170.00-174.00     172.13   Value Added
   23    500-545    510    155.00-168.00     158.45
   16    535-535    535       168.00         168.00   Value Added
   11    550-595    567    150.00-159.00     153.70
   14    600-645    622    140.00-150.00     142.64
    4    615-615    615       146.00         146.00   Value Added
    2    650-660    655    138.00-140.00     139.01
    4    725-725    725       134.00         134.00
    1    755-755    755       130.00         130.00
    3    885-885    885       118.00         118.00
                             Medium and Large 2
    6    315-340    324    150.00-155.00     152.04
    8    360-395    381    140.00-150.00     146.87
    7    400-430    417    135.00-145.00     140.60
    3    450-485    472    135.00-137.00     135.68
    4    510-540    525    135.00-140.00     136.25

Feeder Heifers                Medium and Large 1
 Head   Wt Range   Avg Wt    Price Range   Avg Price
    6    300-335    321    150.00-165.00     157.40
    7    355-390    376    150.00-155.00     152.71
   18    405-445    423    143.00-150.00     146.99
   26    440-445    443    157.00-158.00     157.62   Value Added
   20    450-495    467    140.00-148.00     145.29
    3    485-485    485       147.00         147.00   Value Added
   12    505-545    523    135.00-142.00     137.33
   23    510-525    518       147.00         147.00   Value Added
   12    560-595    576    130.00-140.00     135.41
   22    565-565    565       142.00         142.00   Value Added
    6    610-640    626    130.00-135.00     132.65
    3    645-645    645       140.00         140.00   Value Added
   10    680-695    694    120.00-122.00     121.50
    1    700-700    700       118.00         118.00
                             Medium and Large 2
    8    300-345    321    130.00-135.00     133.11
    5    355-395    373    130.00-135.00     132.65
    7    405-435    428    125.00-132.00     129.55
    6    455-490    474    125.00-130.00     127.11
    3    520-530    525       125.00         125.00
    4    560-580    566    120.00-122.00     120.99

Feeder Bulls                Medium and Large 1
 Head   Wt Range   Avg Wt    Price Range   Avg Price
    4    450-490    466    150.00-152.00     150.48
    9    505-540    526    140.00-147.00     144.58
    3    555-560    557    140.00-145.00     142.67
    1    635-635    635       135.00         135.00
    1    660-660    660       130.00         130.00
    1    710-710    710       118.00         118.00

Replacement Cows: Pre-tested for bangs; pregnancy; and age.
 Medium and Large 1-2:
   Age            Weight    Months Bred           Price
2-6 year old     950-1270   second & third stage  90.00-100.00
7-10 year old    900-1175   second & third stage  75.00-90.00
3-5 year old     800-1000   open grazing cows     80.00-92.00

  Cow-Calf Pairs:
 Medium and Large 1-2:
   Age         Cow Weight   Calf Weight     Price
2-6 year old   900-1250     100-200         N/A
7-10 year old  900-1175     100-200         N/A

  Slaughter Cows:  
          %Lean    Weight    Average Dress    High Dress     Low Dress
Breakers  75-80%  1200-1450  55.00-62.00                 
Boners    80-85%   950-1300  59.00-67.00      72.00-73.00    47.00-53.00
Lean      85-90%   900-1100  53.00-61.00 
Light     85-92%   700-950   40.00-47.00 

   Slaughter Bulls: 
            Weight   Average Dress    High Dress       Low Dress
Y.G. 1-2  1000-2100  81.00-90.00        94.00          68.00-74.00

Source:  UofA Coop Ext Service - USDA Market News, Little Rock, AR
         Jeff Milam, Market Reporter, 501-671-2200
         24 Hour Market Report, 501-671-2369