Sale reports / Indiana / Indianapolis Stockyards / 2023-06-27

Indianapolis Stockyards

Feeder Cattle · Slaughter Cattle · Rockville, Indiana · Tue, Jun 27
● Final27 lots reportedUSDA AMS · slug 1966
Feeder Cattle receipts
17 head
▼ 17 vs last sale 34▼ 56 vs year ago 73 · −76.7%
Slaughter Cattle receipts
280 head
▼ 64 vs last sale 344▲ 51 vs year ago 229 · +22.3%
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Reporter comment USDA

As filed

No comparison to last week due to no coverage but slaughter steers and heifers were unevenly steady with still good demand on higher quality steers and heifers. Cows and bulls were trending sharply lower today. No Holstein slaughter steers this week. A light offering of feeder calves that were trend lower today.

Weight class

Bulls · summary 0–100 lb

Weighted average of every reported lot
0–100 lb bulls averaged $149.75/cwt on 8 head.
Average price
$149.75
8 head · 549 lb average
Value per head Derived
$822
Price × average weight ÷ 100
Grade differential Derived
−$140
per head · Medium and Large 1 over Medium and Large 2
$46.57/cwt at this weight
vs the market
+24.37
vs IN average

What quality paid 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1506155.577877thin
Medium and Large 2850109.009271thin
One grade step is worth $46.57/cwt here — about −$140 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 sale8 hd
149.75
—
IN average3 barns · 35 hd
125.38
+24.37
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
Bullocks—Average1,200121.001,4521thin
Bulls—Average1,455121.151,76211
CowsBreaker 75-80%Average1,40393.321,30938
CowsBoner 80-85%Average1,03774.8377612
CowsLean 85-90%High96560.005791thin
HeifersPrimeAverage1,231181.182,23047
HeifersChoice and PrimeAverage1,204176.842,12951
HeifersChoiceAverage1,123166.541,8702thin
HeifersSelectAverage933154.331,4402thin
SteersPrimeAverage1,391183.732,55665
SteersChoice and PrimeAverage1,201177.392,13038
SteersChoiceAverage1,236163.962,0274thin
SteersSelectAverage1,203120.481,4492thin

Every lot, as filed

27 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
SteersChoice and Prime—1,201177.39/cwt172.00–179.002,13038
SteersChoice—1,236163.96/cwt154.00–167.002,0274
CowsBreaker 75-80%—1,32587.11/cwt80.00–91.501,15416
CowsBoner 80-85%—1,07569.00/cwt69.00–69.007421
CowsBoner 80-85%—1,03475.36/cwt71.00–80.0077911
HeifersChoice and Prime—1,204176.84/cwt172.50–179.752,12951
HeifersPrime—1,231181.18/cwt180.50–186.002,23047
Bullocks——1,200121.00/cwt121.00–121.001,4521
SteersSelect—1,203120.48/cwt120.00–121.001,4492
SteersPrime—1,391183.73/cwt180.00–188.252,55665
HeifersChoice—1,123166.54/cwt165.00–168.001,8702
HeifersSelectReturn to Feed—933154.33/cwt152.00–157.001,4402
CowsLean 85-90%—96560.00/cwt60.00–60.005791
CowsBreaker 75-80%—1,45997.83/cwt93.00–111.001,42722
Bulls——1,550115.20/cwt110.00–118.001,7863
Bulls——1,419123.38/cwt120.00–129.001,7518
HeifersMedium and Large 2—655109.00/cwt109.00–109.007141
HeifersMedium and Large 1—770155.00/cwt155.00–155.001,1941
SteersMedium and Large 1—505189.00/cwt189.00–189.009542
HeifersMedium and Large 1Value Added—800151.00/cwt151.00–151.001,2081
HeifersMedium and Large 1—383160.00/cwt160.00–160.006132
HeifersMedium and Large 1—840131.00/cwt131.00–131.001,1001
HeifersMedium and Large 1—565150.00/cwt150.00–150.008481
BullsMedium and Large 2—850109.00/cwt109.00–109.009271
BullsMedium and Large 1—660137.00/cwt137.00–137.009042
BullsMedium and Large 1—555166.00/cwt166.00–166.009212
BullsMedium and Large 1—370161.00/cwt161.00–161.005963

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.