Inverell Market Report 19 Jan 2016

CATTLE: The yarding was larger by 490 head to present 1405, which consisted of a good supply of yearlings and only a few vealers, while cows dominated the grown cattle section. Quality of the young cattle was good with the largest percentage well finished 2 and 3 scores. There were some good runs of well-bred steers and heifers that were suitable for feeder and re-stocker buyers, along with suitable trade cattle. The market was probably easier for most classes of young cattle with the exception of trade heifers. All the vealer and yearling steers went to feeder and re-stocker buyers. Re-stockers were not as active this week resulting in the lighter end of the young cattle suffering the greatest loss. Re-stocker vealer steers were down by 20c, topping at 334c/kg. Medium weight feeder steers were 6c cheaper, and heavy steers were down by 15c/kg. Medium weight feeder steers averaged 326c, while heavy feeder steers sold to a top of 325c/kg. Trade yearling heifers topped at 307c, while feeder heifers were down by 3c/kg to 5c/kg, some sales more to average. The yarding of export cattle was made up mainly of cows along with a few grown steers and heifers while there was a reasonable yarding of cows. Quality of the grown steers was fairly mixed and sold according to quality. Heifers sold to a top of 285c, while the cow market was firm to 6c/kg cheaper. Medium weight cows averaged 221c and heavy cows sold to a top of 246c/kg.

SHEEP:Numbers increased to 3676 head with a much larger yarding of both lambs and mutton. There was a good supply of trade and light weight lambs with also a fair number of heavy weights through the sale. Quality was good for most of the slaughter lambs and while the majority of light weights were of fair quality, the market eased, with all classes of lambs affected. Re-stocker interest was not as keen as the previous sale with some sales down by $17 per head. Light and heavy trade lambs were down by $10 per head, while heavy weights were $8 per head cheaper, although odd pens were less affected. The yarding of mutton consisted of several large drafts of sheep, showing both good quality and condition. Several lines were carrying a good skin  with ewes and wethers well represented. The market was easier with most mutton selling $8/head cheaper overall from the previous sale.

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