Sale reports / Indiana / Indianapolis Stockyards / 2023-03-28

Indianapolis Stockyards

Feeder Cattle · Slaughter Cattle · Rockville, Indiana · Tue, Mar 28
● Final31 lots reportedUSDA AMS · slug 1966
Feeder Cattle receipts
42 head
30 vs last sale 12 8 vs year ago 34 · +23.5%
Slaughter Cattle receipts
217 head
20 vs last sale 197 48 vs year ago 265 · 18.1%
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Reporter comment USDA

As filed

Compared to last week slaughter steers were 2.00 higher with slaughter heifers were 4.00 higher with more active bidding on higher quality steers and heifers. Holstein slaughter steers were trending higher with good offering of higher quality Holstein steers. Cows were 3.00 to 4.00 higher and bulls instances of higher/lower with active buyer participation. Feeder steers too few to compare but feeder heifers had instances of higher/lower with feeder bulls trending lower.

Weight class

Heifers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb heifers averaged $149.89/cwt on 20 head.
Average price
$149.89
20 head · 615 lb average
Value per head Derived
$922
Price × average weight ÷ 100
Grade differential Derived
$385
per head · Medium and Large 1 over Medium and Large 2
$22.22/cwt at this weight
vs the market
10.38
vs IN average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1643153.2298517thin
Medium and Large 2458131.006003thin
One grade step is worth $22.22/cwt here — about $385 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 sale20 hd
149.89
IN average5 barns · 235 hd
160.27
−10.38
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 · $/cwt
Cull cows and bulls are graded, not weight-classed — grade is what moves the money here.
ClassGradeDressingAvg wt$/cwt$/headHead
BullsAverage1,496111.941,6759thin
CowsBreaker 75-80%Average1,49193.131,38830
CowsBoner 80-85%High1,16671.108295thin
CowsLean 85-90%High1,25550.006281thin
Dairy HeifersSelectAverage1,21392.001,1161thin
Dairy SteersPrimeAverage1,551137.092,12616
Dairy SteersChoice and PrimeAverage1,495120.001,7941thin
Dairy SteersChoiceAverage1,470100.001,4701thin
HeifersPrimeAverage1,301172.782,24812
HeifersChoice and PrimeAverage1,242161.572,00743
HeifersChoiceAverage1,485150.502,2352thin
SteersPrimeAverage1,392171.702,39065
SteersChoice and PrimeAverage1,375163.772,25214
SteersSelectAverage1,129152.501,72213

Every lot, as filed

31 lots · USDA AMS · Indianapolis Stockyards - Rockville, IN
Nothing removed and nothing rounded — the same lots as the USDA report, with per-head values added.
ClassGrade / descriptionWeightAvg wtPriceRangePer headHead
BullsMedium and Large 1Fancy417190.00/cwt190.00–190.007923
BullsMedium and Large 1Fancy528186.00/cwt186.00–186.009822
BullsMedium and Large 1665136.00/cwt136.00–136.009043
BullsMedium and Large 1893120.00/cwt120.00–120.001,0724
BullsMedium and Large 1610166.00/cwt166.00–166.001,0131
HeifersMedium and Large 1300154.00/cwt154.00–154.004623
HeifersMedium and Large 1363156.86/cwt153.00–161.005692
HeifersMedium and Large 1665135.00/cwt135.00–135.008981
HeifersMedium and Large 2458131.00/cwt131.00–131.006003
BullsMedium and Large 1830123.00/cwt123.00–123.001,0211
BullsMedium and Large 1430159.31/cwt157.00–171.006856
SteersMedium and Large 1770150.00/cwt150.00–150.001,1551
HeifersMedium and Large 1Fancy831154.00/cwt154.00–154.001,2808
HeifersMedium and Large 1Fancy645158.50/cwt158.00–159.001,0222
HeifersMedium and Large 1700145.00/cwt145.00–145.001,0151
Bulls1,228103.99/cwt97.00–110.001,2775
CowsBreaker 75-80%1,35086.87/cwt81.00–89.501,17311
Bulls1,831121.87/cwt115.00–132.002,2314
CowsBoner 80-85%1,16671.10/cwt65.00–76.008295
CowsBreaker 75-80%1,57296.75/cwt90.50–106.501,52119
CowsLean 85-90%1,25550.00/cwt50.00–50.006281
SteersChoice and Prime1,375163.77/cwt156.00–166.502,25214
SteersPrime1,392171.70/cwt168.50–175.002,39065
Dairy HeifersSelectReturn to Feed1,21392.00/cwt92.00–92.001,1161
Dairy SteersChoice1,470100.00/cwt100.00–100.001,4701
Dairy SteersPrime1,551137.09/cwt130.00–148.002,12616
HeifersPrime1,301172.78/cwt168.00–173.502,24812
HeifersChoice1,485150.50/cwt150.50–150.502,2352
HeifersChoice and Prime1,242161.57/cwt155.50–165.002,00743
Dairy SteersChoice and Prime1,495120.00/cwt120.00–120.001,7941
SteersSelectReturn to Feed1,129152.50/cwt152.50–152.501,72213

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.