Inverell Market Report 24 May 2016

Cattle: The number of cattle yarded was up by 90 head to yard 1194. Weaners and yearlings were well supplied while there was a good penning of cows. The quality of the cattle overall was mixed with a lot of stock showing the effects of the current dry weather. There were few vealers suitable for the trade job but there were cattle that were well bred and went to backgrounders and feed lots. Prices were up with strong competition with vealer steers selling to 15c/kg dearer topping at 350c, re-stocker vealer heifers sold to 281c/kg. Feeder steers sold to average 283c/kg to hold firm and re-stocker yearling steers sold better by 10c to top at 337c/kg. Trade yearling heifers sold to 312c/kg and feeder heifers were on average 6c dearer topping at 259c/kg. Export  heavy cows sold to 240c/kg, grown steers topped at 281c/kg and heifers to 259c/kg. Medium weight cows averaged 215c/kg.

Sheep: Numbers increased by 1600 to yard 5000 which included 3200 lambs. Quality of lambs offered was good with some starting to show the season in their coat and some grain fed lambs were good. Heavy lambs held firm but trade lambs were $4 less than last sale. Re-stockers bought most of the light lambs at a slightly easier rate. Mutton was a very mixed line up which sold dearer or held fully firm.

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