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
Bulls—Average1,496111.941,6759thin
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 1Fancy—417190.00/cwt190.00–190.007923
BullsMedium and Large 1Fancy—528186.00/cwt186.00–186.009822
BullsMedium and Large 1—665136.00/cwt136.00–136.009043
BullsMedium and Large 1—893120.00/cwt120.00–120.001,0724
BullsMedium and Large 1—610166.00/cwt166.00–166.001,0131
HeifersMedium and Large 1—300154.00/cwt154.00–154.004623
HeifersMedium and Large 1—363156.86/cwt153.00–161.005692
HeifersMedium and Large 1—665135.00/cwt135.00–135.008981
HeifersMedium and Large 2—458131.00/cwt131.00–131.006003
BullsMedium and Large 1—830123.00/cwt123.00–123.001,0211
BullsMedium and Large 1—430159.31/cwt157.00–171.006856
SteersMedium and Large 1—770150.00/cwt150.00–150.001,1551
HeifersMedium and Large 1Fancy—831154.00/cwt154.00–154.001,2808
HeifersMedium and Large 1Fancy—645158.50/cwt158.00–159.001,0222
HeifersMedium and Large 1—700145.00/cwt145.00–145.001,0151
Bulls——1,228103.99/cwt97.00–110.001,2775
CowsBreaker 75-80%—1,35086.87/cwt81.00–89.501,17311
Bulls——1,831121.87/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 Prime—1,375163.77/cwt156.00–166.502,25214
SteersPrime—1,392171.70/cwt168.50–175.002,39065
Dairy HeifersSelectReturn to Feed—1,21392.00/cwt92.00–92.001,1161
Dairy SteersChoice—1,470100.00/cwt100.00–100.001,4701
Dairy SteersPrime—1,551137.09/cwt130.00–148.002,12616
HeifersPrime—1,301172.78/cwt168.00–173.502,24812
HeifersChoice—1,485150.50/cwt150.50–150.502,2352
HeifersChoice and Prime—1,242161.57/cwt155.50–165.002,00743
Dairy SteersChoice and Prime—1,495120.00/cwt120.00–120.001,7941
SteersSelectReturn to Feed—1,129152.50/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.