Inverell Market Report 3 May 2016

There was a smaller yarding of 1,054 head of cattle, down by nearly 300 on last week. Consisting of a fair penning of vealers, while yearlings were well supplied and there was a good yarding of cows. Quality was fairly mixed in a dearer marker which was mainly driven by smaller numbers and rain through the North and Western areas. There were some good runs of well bred weaners and yearlings, that met keen demand from re-stockers and backgrounders.
The dearer market saw re-stocker vealer steers gaining 10c selling to a top of 345c for light weights, while re-stocker vealer heifers were up by 15c topping at 315c/kg. Re-stocker and feeder yearling steers were 20c dearer, selling to a top of 313c, for an average of 300c/kg for medium weight feeder steers. Feeder heifers made similar gains to average 289c, for a top of 298c, and trade heifers sold to a top of 308c/kg.
The yarding of export cattle was dominated by a good supply of cows, with insufficient numbers of grown steers and heifers for a quote. Most cows were 8c to 10c dearer, with medium weights averaging 195c, and heavy cows sold to a top of 218c/kg. Falls of rain saw re-stocker interest regain, with a fair number of cows going back to the paddock, selling to a top of 199.2c/kg.

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