Inverell Market Report 23 August 2016

Cattle: There was a small increase in numbers to yard 1160 head, with the penning predominantly made up of young cattle. The quality of those cattle was fair to good, with a great range in condition scores. Supplementary fed yearlings were well supplied. There was a reduced penning of grown cattle, with a few pens of well finished high yielding cows available to processors.
Despite recent rain and a very strong forecast for more, competition for both re-stocker and feeder cattle was weaker. Light weight steers, both yearlings and vealers were up to 10c/kg cheaper with an odd sale firm. The heifer vealers to restock followed a similar trend. Medium weight yearling feeder steers averaged 7c/kg cheaper while quality contributed to a sharp increase in those to restock. Heavy feeder steers saw a significant fall in price, with quality a major contributing factor. Yearling heifers to feed also sold to a cheaper trend, down 6c to 14c/kg.
There were too few heavy grown steers to quote. Quality was a factor in the variation in price change for grown heifers. The cow market was dearer by 8c to 9c/kg and more in places, the exception being re-stocker cows that suffered from a drop in quality.

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