Livestock report

Hope Livestock Auction, Hope, AR
Weighted Average Report for Thursday Jan 24, 2019

Cattle Receipts:  302        Last week:  1284        Last year:  286

   Compared to last week: Feeder steers under 450 lbs 12.00-17.00 higher, over
450 lbs 3.00-9.00 higher.  Feeder heifers 6.00-12.00 higher.  Slaughter cows
2.00-4.00 higher.  Slaughter bulls 2.00-4.00 higher.
   Supply included 205 feeder calves, 53 yearlings, 9 replacement cows, 29
slaughter cows; 6 slaughter bulls. Feeder supply consisted of 45 percent English
and English crosses; 38 percent Exotic and Exotic crosses; 17 percent Brahman
and Brahman crosses.  Feeder supply included 62 percent steers and bulls; 38
percent heifers. Near 15 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
    1    300-300    300       190.00         190.00
    8    360-395    379    180.00-193.00     187.03
   11    400-440    416    165.00-185.00     175.11
   10    455-485    469    160.00-175.00     165.27
   13    500-545    525    150.00-163.00     155.78
   12    550-595    574    148.00-155.00     150.82
    7    600-620    608    140.00-144.00     142.14
    8    650-690    674    137.00-145.00     140.47
    2    700-715    708    134.00-135.00     134.49
                             Medium and Large 2
    1    305-305    305       160.00         160.00
    3    365-395    378    148.00-150.00     149.36
    7    400-445    424    140.00-148.00     144.02
    1    495-495    495       140.00         140.00
    1    645-645    645       125.00         125.00

Feeder Heifers                Medium and Large 1
 Head   Wt Range   Avg Wt    Price Range   Avg Price
    2    300-325    313       150.00         150.00
    1    385-385    385       150.00         150.00
    5    400-415    406    140.00-147.00     142.21
    7    475-485    481    142.00-145.00     143.43
    7    500-540    517    135.00-142.00     137.87
   10    560-590    577    129.00-135.00     132.00
    6    620-640    630    127.00-132.00     128.83
    3    655-665    660    123.00-130.00     127.65
    3    715-745    730    115.00-119.00     117.67
                             Medium and Large 2
    1    300-300    300       132.00         132.00
    1    390-390    390       125.00         125.00
    3    430-435    433    125.00-127.00     125.67
    1    450-450    450       125.00         125.00
    2    515-515    515    120.00-122.00     121.00

Feeder Bulls                Medium and Large 1
 Head   Wt Range   Avg Wt    Price Range   Avg Price
    3    450-490    465    150.00-152.00     150.70
    1    530-530    530       148.00         148.00
    3    600-620    608    130.00-135.00     131.66
    2    740-745    743    120.00-122.00     121.00

   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  80.00-85.00
7-10 year old    900-1175   second & third stage  55.00-65.00
3-5 year old     800-1000   open grazing cows     60.00-75.00 

   Slaughter Cows:  
          %Lean    Weight    Average Dress  High Dress     Low Dress
Boners    80-85%   950-1300  40.00-50.00    55.00          27.00-35.00
Lean      85-90%   900-1100  35.00-40.00 
Light     85-92%   700-950   22.00-30.00                     

   Slaughter Bulls: 
            Weight   Average Dress    High Dress      Low Dress
Y.G. 1-2  1000-2100  67.00-77.00                      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