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 classPick one — the panels below update

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

Price by quality 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

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. Grouped by class and set lightest first; USDA files them in sale-ring order.
ClassWeightGrade / descriptionAvg wtPriceRangePer headHead
Feeder Cattle · Steers1 lot · lightest first
Steers—Medium and Large 1770150.00/cwt150.00–150.001,1551
Feeder Cattle · Heifers7 lots · lightest first
Heifers—Medium and Large 1300154.00/cwt154.00–154.004623
Heifers—Medium and Large 1363156.86/cwt153.00–161.005692
Heifers—Medium and Large 2458131.00/cwt131.00–131.006003
Heifers—Medium and Large 1Fancy645158.50/cwt158.00–159.001,0222
Heifers—Medium and Large 1665135.00/cwt135.00–135.008981
Heifers—Medium and Large 1700145.00/cwt145.00–145.001,0151
Heifers—Medium and Large 1Fancy831154.00/cwt154.00–154.001,2808
Feeder Cattle · Bulls7 lots · lightest first
Bulls—Medium and Large 1Fancy417190.00/cwt190.00–190.007923
Bulls—Medium and Large 1430159.31/cwt157.00–171.006856
Bulls—Medium and Large 1Fancy528186.00/cwt186.00–186.009822
Bulls—Medium and Large 1610166.00/cwt166.00–166.001,0131
Bulls—Medium and Large 1665136.00/cwt136.00–136.009043
Bulls—Medium and Large 1830123.00/cwt123.00–123.001,0211
Bulls—Medium and Large 1893120.00/cwt120.00–120.001,0724
Slaughter Cattle · Steers3 lots · lightest first
Steers—SelectReturn to Feed1,129152.50/cwt152.50–152.501,72213
Steers—Choice and Prime1,375163.77/cwt156.00–166.502,25214
Steers—Prime1,392171.70/cwt168.50–175.002,39065
Slaughter Cattle · Heifers3 lots · lightest first
Heifers—Choice and Prime1,242161.57/cwt155.50–165.002,00743
Heifers—Prime1,301172.78/cwt168.00–173.502,24812
Heifers—Choice1,485150.50/cwt150.50–150.502,2352
Slaughter Cattle · Bulls2 lots · lightest first
Bulls——1,228103.99/cwt97.00–110.001,2775
Bulls——1,831121.87/cwt115.00–132.002,2314
Slaughter Cattle · Cows4 lots · lightest first
Cows—Boner 80-85%1,16671.10/cwt65.00–76.008295
Cows—Lean 85-90%1,25550.00/cwt50.00–50.006281
Cows—Breaker 75-80%1,35086.87/cwt81.00–89.501,17311
Cows—Breaker 75-80%1,57296.75/cwt90.50–106.501,52119
Slaughter Cattle · Dairy Heifers1 lot · lightest first
Dairy Heifers—SelectReturn to Feed1,21392.00/cwt92.00–92.001,1161
Slaughter Cattle · Dairy Steers3 lots · lightest first
Dairy Steers—Choice1,470100.00/cwt100.00–100.001,4701
Dairy Steers—Choice and Prime1,495120.00/cwt120.00–120.001,7941
Dairy Steers—Prime1,551137.09/cwt130.00–148.002,12616

This sale against other markets

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.