Sale reports / Indiana / Springville Feeder Cattle Auction / 2024-03-15

Springville Feeder Cattle Auction

Feeder Cattle · Springville, Indiana · Fri, Mar 15
● Final43 lots reportedUSDA AMS · slug 1968
Receipts
604 head
▼ 399 vs last sale 1,003▼ 207 vs year ago 811 · −25.5%
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Reporter comment USDA

As filed

This is the first report for Spring 2024. While offerings were moderate, quality was good to very good and demand for all classes was very good. Sale attendance was good thanks in part to cooler weather that came in last night. Buyer activity on the internet was very active. Many cattle offered today had light to moderate flesh, ideal for upcoming grazing.

Weight classPick one — the panels below update

Steers · summary 500–600 lb

Weighted average of every reported lot
500–600 lb steers averaged $275.14/cwt on 79 head. That ranks 1 of 5 comparable sales and sits −162.56 against this barn's trailing median of $437.70.
Average price
$275.14
79 head · 557 lb average
Value per head Derived
$1,533
Price × average weight ÷ 100
Grade differential Derived
$330
per head · Medium and Large 1 over Medium and Large 2
$47.43/cwt at this weight
vs the market
−0.29
vs IN average
−40.93 vs national

Price by quality 500–600 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1567279.431,58355
Medium and Large 1-2535271.961,45520
Medium and Large 2540232.001,2534thin
One grade step is worth $47.43/cwt here — about $330 a head. Across this sale the premium is widest at 600–700 lb. USDA reports each grade on its own line and never publishes the spread.

How it compared 500–600 lb

Same class and week · spot auction only
This sale79 hd
275.14
—
IN average2 barns · 84 hd
275.43
−0.29
National average167 barns · 13,796 hd
316.07
−40.93
This barn, trailing median5 sales
437.70
−162.56
A barn can sit above the state average at one weight and below it at another — check the class you actually sell.

This barn's trailing prices 500–600 lb

5 sales
459410362313median 437.7003/1304/0305/0109/0410/02
Steers 500–600 lb: high $444.79, low $326.94, median $437.70 across 5 sales. Sales under 10 head in this class are excluded, so a thin day cannot swing the median or the ranking.

Every lot

43 lots · USDA AMS · Springville Feeder Cattle Auction - Springville, 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 · Steers24 lots · lightest first
Steers250–300Medium and Large 1-2268312.00/cwt312.00–312.008362
Steers350–400Medium and Large 1381315.00/cwt315.00–315.001,20012
Steers400–450Medium and Large 2444236.00/cwt236.00–236.001,0485
Steers400–450Medium and Large 1446300.00/cwt300.00–300.001,3384
Steers450–500Medium and Large 1462331.00/cwt331.00–331.001,5299
Steers500–550Medium and Large 1-2535271.96/cwt270.00–274.001,45520
Steers500–550Medium and Large 2540232.00/cwt232.00–232.001,2534
Steers500–550Medium and Large 1547295.00/cwt295.00–295.001,6148
Steers550–600Medium and Large 1563259.08/cwt256.00–265.001,45924
Steers550–600Medium and Large 1Value Added577295.26/cwt290.00–299.001,70423
Steers600–650Medium and Large 1Value Added612295.00/cwt295.00–295.001,80514
Steers600–650Medium and Large 1-2Value Added622275.00/cwt275.00–275.001,71110
Steers600–650Large 2640151.00/cwt151.00–151.009662
Steers650–700Medium and Large 2651245.00/cwt245.00–245.001,5953
Steers650–700Medium and Large 1670269.33/cwt267.00–271.001,80537
Steers650–700Medium and Large 1-2696250.00/cwt250.00–250.001,74010
Steers700–750Medium and Large 1-2725240.00/cwt240.00–240.001,7405
Steers700–750Medium and Large 1Value Added743261.00/cwt261.00–261.001,93925
Steers700–750Medium and Large 1743259.00/cwt259.00–259.001,92416
Steers750–800Medium and Large 1750261.00/cwt261.00–261.001,9585
Steers750–800Medium and Large 1-2783193.00/cwt193.00–193.001,5112
Steers800–850Medium and Large 1833234.00/cwt234.00–234.001,94912
Steers850–900Medium and Large 1855223.01/cwt211.00–225.001,90721
Steers900–950Medium and Large 1904216.00/cwt216.00–216.001,95310
Feeder Cattle · Heifers11 lots · lightest first
Heifers300–350Medium and Large 1326281.00/cwt281.00–281.009166
Heifers350–400Medium and Large 1367300.14/cwt299.00–301.001,10216
Heifers400–450Medium and Large 1447294.00/cwt294.00–294.001,31424
Heifers450–500Medium and Large 1450293.00/cwt293.00–293.001,31911
Heifers500–550Medium and Large 1537252.80/cwt250.00–256.001,35836
Heifers550–600Medium and Large 1572249.50/cwt249.50–249.501,42712
Heifers600–650Medium and Large 1642244.28/cwt241.00–253.001,56848
Heifers700–750Medium and Large 1737222.04/cwt217.00–227.001,63635
Heifers800–850Medium and Large 1802190.00/cwt190.00–190.001,5245
Heifers850–900Medium and Large 1888202.50/cwt202.50–202.501,79812
Heifers900–950Medium and Large 1937183.00/cwt183.00–183.001,7157
Feeder Cattle · Bulls8 lots · lightest first
Bulls350–400Medium and Large 1357319.00/cwt319.00–319.001,1397
Bulls400–450Small and Medium 1405225.00/cwt225.00–225.009113
Bulls400–450Medium and Large 1412321.00/cwt321.00–321.001,32311
Bulls500–550Medium and Large 1504279.00/cwt279.00–279.001,4064
Bulls550–600Medium and Large 1553273.00/cwt273.00–273.001,51015
Bulls550–600Small and Medium 1590221.00/cwt221.00–221.001,3042
Bulls600–650Medium and Large 1630254.00/cwt254.00–254.001,60020
Bulls700–750Medium and Large 1722222.00/cwt222.00–222.001,6037

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.