Inverell Market Report 1st November 2016

Cattle: Rain reduced numbers for a yarding of 734 head. Young cattle made up the largest percentage of the yarding while grown cattle were in smaller numbers. The yarding of young cattle consisted of a good supply of yearlings and vealers were also in fair numbers. Quality was good with mainly well-bred cattle offered and some well finished cattle suitable for the trade. Most of the young cattle went to re-stockers, as there was a limited supply of yearlings in the feeder weight range, most were in the lighter end and went to re-stockers and backgrounders.
The market was variable, although re-stockers were active in the market, pushing prices up, compared to last week. Re-stocker vealer steers were 4c dearer selling to a top of 450c/kg. Re-stocker vealer heifers topped at 380c and 387c/kg to the trade. Feeder steers and heifers were 10c dearer with feeder steers averaging 360c, while light restocker yearling steers under 330kg gained 20c selling to a top of 423c/kg. Feeder heifers sold to a top of 355c and trade yearling heifers sold to 364c/kg.
The yarding of export cattle consisted of an odd pen of grown steers, a few pens of heifers, while cow numbers were well down. Grown steers to slaughter sold to a top of 291c, and heifers to 392c/kg. The cow market was 3c cheaper with 3 score cows averaging 231c and heavy cows sold to a top of 248c/kg.

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