Livestock report

Hope Livestock Auction, Hope, AR
Weighted Average Report for Thursday Oct 18, 2018

Cattle Receipts: 1560    Last week: 2088     Last year: 1747

   Compared to last week: Market was considerably cheaper due to limited buyer 
participation from heavy rain fall in Texas. Front end cattle still had good 
demand while the plainer kinds were soft. Feeder steers under 400 lbs 10.00-
15.00 lower, over 400 lbs 3.00-7.00 lower.  Feeder heifers under 400 lbs 6.00-
10.00 lower, over 400 lbs 2.00-5.00 lower.  Slaughter cows and bulls steady to 
1.00 higher.
   Supply included 950 feeder calves, 377 yearlings, 25 replacement cows, 189 
slaughter cows; 19 slaughter bulls. Feeder supply consisted of 42 percent 
English and English crosses; 34 percent Exotic and Exotic crosses; 24 percent 
Brahman and Brahman crosses.  Feeder supply included 56 percent steers and 
bulls; 44 percent heifers. Near 12 percent of the run weighed over 600 lbs.

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    300-335    313    160.00-175.00     167.97
   11    350-395    369    160.00-170.00     165.11
   28    400-445    417    158.00-175.00     164.30
   29    450-495    474    147.00-165.00     154.17
   24    500-540    517    140.00-155.00     147.77
   24    550-595    565    135.00-148.00     139.67
   18    600-640    619    130.00-140.00     133.77
    9    650-695    676    130.00-135.00     131.78
    6    705-745    734    130.00-135.00     132.52
                             Medium and Large 2
    5    300-330    315    140.00-145.00     141.78
    6    350-380    363    135.00-140.00     139.18
   13    400-445    423    130.00-140.00     136.61
    5    455-490    475    125.00-130.00     127.97
    5    510-530    518    120.00-128.00     122.64
    3    550-590    567    122.00-127.00     124.61
    3    605-635    623    115.00-120.00     118.38

Feeder Heifers                Medium and Large 1
 Head   Wt Range   Avg Wt    Price Range   Avg Price
    4    305-320    309    140.00-150.00     145.06
    8    355-395    377    135.00-148.00     140.21
   15    400-445    421    135.00-145.00     139.23
   19    450-495    472    130.00-140.00     134.31
   27    500-545    526    120.00-130.00     124.52
   30    550-595    570    120.00-128.00     124.33
   20    600-640    618    120.00-129.00     123.30
    8    650-685    672    120.00-125.00     123.12
    5    710-745    725    110.00-125.00     121.31
                             Medium and Large 2
   13    300-345    327    120.00-128.00     124.56
    9    355-380    372    120.00-128.00     123.00
    7    400-440    422    120.00-127.00     123.38
   15    455-495    477    115.00-122.00     119.26
    3    505-530    518    110.00-115.00     113.30
    6    550-585    572    110.00-112.00     110.34
    1    610-610    610       110.00         110.00

Feeder Bulls                Medium and Large 1
 Head   Wt Range   Avg Wt    Price Range   Avg Price
    2    485-495    490       140.00         140.00
    9    505-535    522    134.00-140.00     137.30
    8    550-585    568    124.00-132.00     127.64
    8    605-640    623    120.00-127.00     121.87
    7    650-690    671    117.00-125.00     121.26
    4    705-720    713    105.00-120.00     112.49

   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  75.00-85.00
7-10 year old    900-1175   second & third stage  55.00-70.00
3-5 year old     800-1000   open grazing cows     65.00-80.00

   Cow-Calf Pairs: 
 Medium and Large 1-2:
   Age         Cow Weight   Calf Wt      Price 
2-6 year old    900-1250    100-200      850.00-1220.00 per pair
7-10 year old   900-1175    100-200      750.00-975.00 per pair

   Slaughter Cows:  
          %Lean    Weight    Average Dress  High Dress     Low Dress
Breakers  75-80%  1200-1450  45.00-48.00                 
Boners    80-85%   950-1300  44.00-52.00    54.00-56.00    39.00-44.00
Lean      85-90%   900-1100  35.00-40.00 
Light     85-92%   700-950   30.00-35.00                   25.00-28.00

   Slaughter Bulls: 
            Weight   Average Dress    High Dress      Low Dress
Y.G. 1-2  1000-2100  72.00-80.00      83.00-88.00     60.00-65.00

Source:  AR Ag Department - USDA Market News, Little Rock, AR
         Jeff Milam, Market Reporter, 501-823-1743