Name: Indianapolis Stockyards livestock auction prices — 2019-07-02
Creator: RaisedBeef
Published: 2019-07-02

Reporter comment USDA

As filed

Compared to last week slaughter steers and heifers were 3.00 to 4.00 lower with much lower packer bids again this week. Holstein

slaughter steers today were 1.00 higher. Slaughter cows were steady to 2.00 lower with bulls mostly steady. A light offering of feeder cattle today trending lower but good value on two groups of value added feeder steers and heifers.

Weight class

Heifers · summary 0–100 lb

Weighted average of every reported lot

0–100 lb heifers averaged $114.37/cwt on 15 head.

Average price

$114.37

15 head · 672 lb average

Value per head Derived

$769

Price × average weight ÷ 100

Grade differential Derived

$546

per head · Medium and Large 1 over Medium and Large 2

$23.21/cwt at this weight

vs the market

+8.90

vs IN average

What quality paid 0–100 lb

Frame and muscle grade

Frame / muscle	Avg wt	$/cwt	$/head	Head
Medium and Large 1	726	117.46	852	13thin
Medium and Large 2	325	94.25	306	2thin

One grade step is worth $23.21/cwt here — about $546 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 sale15 hd

114.37

—

IN average4 barns · 330 hd

105.47

+8.90

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.

Class	Grade	Dressing	Avg wt	$/cwt	$/head	Head
Bulls	—	Low	1,578	78.94	1,245	4thin
Cows	Breaker 75-80%	High	1,340	59.27	794	13
Cows	Boner 80-85%	High	1,029	53.87	554	5thin
Dairy Steers	Choice	Average	1,363	84.50	1,152	16
Heifers	Choice and Prime	Average	1,216	111.42	1,355	41
Heifers	Choice	Average	1,205	107.00	1,289	1thin
Steers	Prime	Average	1,347	114.25	1,539	6thin
Steers	Choice and Prime	Average	1,128	109.71	1,238	5thin
Steers	Choice	Average	1,244	105.36	1,311	11
Steers	Select	Average	1,030	95.00	979	1thin
Steers	Standard	Average	1,380	81.77	1,128	3thin

Every lot, as filed

20 lots · USDA AMS · Indianapolis Stockyards - Rockville, IN

Nothing removed and nothing rounded — the same lots as the USDA report, with per-head values added.

Class	Grade / description	Weight	Avg wt	Price	Range	Per head	Head
Bulls	—	—	1,330	71.00/cwt	71.00–71.00	944	1
Bulls	—	—	1,660	81.58/cwt	76.00–85.50	1,354	3
Cows	Breaker 75-80%	—	1,570	63.52/cwt	62.50–64.50	997	2
Cows	Breaker 75-80%	—	1,298	58.50/cwt	56.50–60.50	759	11
Cows	Boner 80-85%	—	1,029	53.87/cwt	51.50–55.50	554	5
Heifers	Choice	—	1,205	107.00/cwt	107.00–107.00	1,289	1
Steers	Choice	—	1,244	105.36/cwt	104.00–107.50	1,311	11
Heifers	Choice and Prime	—	1,216	111.42/cwt	109.50–113.25	1,355	41
Steers	Choice and Prime	—	1,128	109.71/cwt	108.50–110.50	1,238	5
Steers	Prime	—	1,347	114.25/cwt	114.25–114.25	1,539	6
Steers	Select	—	1,030	95.00/cwt	95.00–95.00	979	1
Dairy Steers	Choice	—	1,363	84.50/cwt	82.75–86.25	1,152	16
Steers	Standard	—	1,380	81.77/cwt	80.00–84.50	1,128	3
Bulls	Medium and Large 1	—	525	120.00/cwt	120.00–120.00	630	1
Heifers	Medium and Large 1	—	440	113.00/cwt	113.00–113.00	497	1
Heifers	Medium and Large 1	—	675	111.00/cwt	111.00–111.00	749	1
Heifers	Medium and Large 1	—	805	101.00/cwt	101.00–101.00	813	3
Heifers	Medium and Large 1Value Added	—	738	125.00/cwt	125.00–125.00	923	8
Steers	Medium and Large 1Value Added	—	823	125.00/cwt	125.00–125.00	1,029	8
Heifers	Medium and Large 2	—	325	94.25/cwt	86.00–102.00	306	2

How this sale compares

Indiana weighted averages

One sale is one barn on one day. The state ladder is every Indiana auction USDA reported that week, weighted by head — the fairer test of whether a lot sold well.

Indiana feeder prices, every weight →Every state and region →