Inverell Market Report 11th October 2016

Cattle: There was an increased number of cattle yarded for a total of 1,250 head. Yearlings were well supplied, while there was a small penning of vealers and cows dominated the grown cattle. Quality of the young cattle improved with increased numbers of well finished cattle, along with several runs of well-bred steers and heifers suitable for re-stockers and feeders.
The improved quality helped to push prices up with light re-stocker weaner steers selling to a top of 468c, while the re-stocker vealer heifers sold to a top of 400c/kg. There were only a small number of yearlings that went to the trade with backgrounders and feeders acquiring the largest percentage of the yearling cattle. Medium weight feeder steers sold to a top of 413c too average 386c, while feeder heifers topped at 370c for an average of 357c/kg. Trade yearling heifers ranged from 313c to 375c/kg.
The yarding of export cattle consisted of a small penning of bullocks and steers and several lots of heifers, however the main increase was in the cow yarding, with several runs of well finished medium and heavy cows offered, most were crop finished. Grown steers sold to a top of 330c and feeders to 368c, while heifers sold to a top of 325c/kg. The good yarding of cows sold firm to 2c dearer, with medium weights averaging 256c and heavy cows sold to a top of 277c/kg. The larger yarding of bulls consisted mainly of well finished heavy weights selling to a top of 304c/kg.

Sheep: There was an increase in numbers for both lambs and mutton, for a total yarding of 5,078 head. The yarding of lambs consisted of a good supply of trade weights and several pens of heavy weights, there was also a fair number of light weight lambs through the sale. Quality was mixed with several runs of well finished lambs, however there was a fair number of light lambs through the sale.
Competition was weaker with trade lambs selling $8 to $10 cheaper, with light lambs losing more in places. The yarding of mutton was made up of mainly of ewes, along with a few pens of wethers in a mixed quality yarding. The market was generally slightly easier for most sheep.

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