Livestock report

Hope Livestock Auction, Hope, AR
Weighted Average Report for Thursday Jan 17, 2019

Cattle Receipts: 1284        Last week:  767        Last year: 286

   Compared to last week:  Market was considerably cheaper due to wet conditions
and forecast of poor weather in the coming days. Feeder steers 5.00-15.00 lower.
Feeder heifers 8.00-15.00 lower.  Slaughter cows steady.  Slaughter bulls
steady.
   Supply included 751 feeder calves, 310 yearlings, 40 replacement cows, 160
slaughter cows; 23 slaughter bulls. Feeder supply consisted of 42 percent
English and English crosses; 38 percent Exotic and Exotic crosses; 20 percent
Brahman and Brahman crosses.  Feeder supply included 53 percent steers and
bulls; 47 percent heifers. Near 14 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
    6    300-345    323    170.00-182.00     174.38
    8    350-380    364    165.00-175.00     170.62
   12    400-445    421    155.00-170.00     160.47
   17    450-495    469    150.00-165.00     158.75
   21    500-545    523    142.00-154.00     146.80
   17    550-595    572    140.00-148.00     144.05
   17    600-645    619    135.00-143.00     138.29
    6    660-695    678    135.00-141.00     137.64
    4    700-720    709    130.00-135.00     132.49
    4    750-780    759    126.00-130.00     127.99
                             Medium and Large 2
    2    310-345    328    135.00-140.00     137.37
    9    355-390    376    140.00-145.00     142.70
   14    400-440    420    135.00-150.00     139.11
    6    460-495    478    130.00-140.00     134.65
    7    510-540    523    124.00-130.00     128.10

Feeder Heifers                Medium and Large 1
 Head   Wt Range   Avg Wt    Price Range   Avg Price
    6    330-345    340    140.00-145.00     143.67
   15    350-395    370    135.00-140.00     136.70
    8    400-440    413    130.00-135.00     131.47
   13    450-490    471    130.00-140.00     133.40
    3    485-485    485       127.00         127.00   Fleshy
   21    500-545    521    125.00-135.00     129.50
    2    515-545    530    115.00-118.00     116.46   Fleshy
   19    550-595    569    120.00-130.00     126.30
    
   14    605-645    624    118.00-127.00     122.47
    9    650-695    669    115.00-125.00     121.18
    2    700-745    723    110.00-112.00     110.97
                             Medium and Large 2
    4    320-335    326    125.00-126.00     125.25
    8    355-395    378    120.00-130.00     123.83
   15    400-445    424    115.00-122.00     118.29
   12    450-495    475    115.00-120.00     117.17
    9    500-540    522    110.00-115.00     112.54

Feeder Bulls                Medium and Large 1
 Head   Wt Range   Avg Wt    Price Range   Avg Price
    4    465-475    468    144.00-145.00     144.75
    7    500-545    521    130.00-140.00     133.56
   12    550-595    573    125.00-135.00     129.11
    6    610-640    626    124.00-128.00     126.00
    3    655-670    662    120.00-122.00     120.67
    1    720-720    720       110.00         110.00

   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  80.00-115.00
7-10 year old    900-1175   second & third stage  55.00-65.00
3-5 year old     800-1000   open grazing cows     50.00-70.00

   Cow-Calf Pairs: 
 Medium and Large 1-2:
   Age         Cow Weight   Calf Wt      Price 
2-6 year old    900-1250    100-200      1050.00-1250.00 per pair
7-10 year old   900-1175    100-200      700.00-800.00 per pair

   Slaughter Cows:  
          %Lean    Weight    Average Dress  High Dress     Low Dress
Breakers  75-80%  1200-1450  35.00-40.00
Boners    80-85%   950-1300  37.00-47.00                   27.00-35.00
Lean      85-90%   900-1100  32.00-38.00 
Light     85-92%   700-950   22.00-28.00                     

   Slaughter Bulls: 
            Weight   Average Dress    High Dress      Low Dress
Y.G. 1-2  1000-2100  64.00-72.00                      50.00-57.00

Source:  AR Ag Department - USDA Market News, Little Rock, AR
         Jeff Milam, Market Reporter, 501-823-1743
         24 Hour Market Report, 501-823-1728
         http://www.ams.usda.gov/mnreports/lr_ls146.txt
         www.ams.usda.gov/lsmarketnews