Inverell Market Report 2nd August 2016

Cattle: There were a few more cattle yarded this week for a total of 590 head. Once again young cattle made up the largest percentage of the yarding along with a small penning of grown cattle. Quality improved with increased numbers of crop finished and supplementary fed cattle offered, however there were also some plain cattle through the sale.
Competition was stronger again this week with re-stocker vealer steers selling 10c to 20c dearer topping at 398c, while the re-stocker vealer heifers gained 10c selling to a top of 356c/kg. All the yearling steers were acquired by either re-stockers or feeders, with feeder steers selling 10c dearer to average 378c/kg. Feeder heifers held firm selling to 351c/kg. Trade yearling heifers met very keen demand from butcher and wholesale buyers to sell 8c dearer topping at 362c/kg.
The yarding of export cattle consisted of an odd pen of grown steers and heifers and a few pens of cows. Grown steers sold to a top of 296c and heifers to 320c/kg. The cow market saw medium weight cows hold firm too average 246c and heavy cows were 8c dearer topping at 264 c/kg.

Sheep: Numbers dropped from 4600 to only yard 2000 head. In the Sheep section we saw mutton up $10, heavy lambs were up $6 – $8 and trade lambs were $3 – $4 dearer.

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