Inverell Market Report 12 July 2016

Cattle: There was a reduction in numbers down to 725 head with young cattle of fair to very good quality making up the bulk of the offering. There were limited supplies of well finished cattle with most of those coming off crop. There were quite a few cattle showing the effects of minimal grass stocks in paddocks. Trends varied throughout with demand for certain lines high.
There was weaker demand for weaner steers and heifers, resulting in a cheaper trend of 2c to 10c/kg. The heifer portion was least affected. Light weight yearling steers to restock sold to a dearer trend, with a lift in average quality and a breed specific sale lifting prices significantly. Medium weight yearling steers to feed sold firm to 2c/kg cheaper. Demand for yearling heifers to put onto crops increased with light weights selling to a dearer trend, up to 20c/kg. There were limited numbers suitable to feed with those selling to a cheaper trend. Well finished heifers to the trade were 15c/kg dearer.
Grown cattle sold to a cheaper trend with a small number of well finished heavy steers available. Heavy weight cows saw a cheaper trend of 7c/kg, while the plainer medium weights experienced greater falls.

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