Inverell Market Report 7th February 2017

Cattle: Numbers increased this week by 370 head to yard 1180. Quality remained mixed, with the younger categories represented by good percentages of the Bos Indicus crosses. There were also good runs of well-bred crossbred yearling steers and heifers and these were sought after by the re-stockers and lot feeders in the competition. The heavy weight grown steers and heifers were limited in supply, as around 300 cows were in the penning. The usual buyers competed in a generally cheaper market, with numbers lifting compared to the previous market.
Breed and quality contributed to cheaper prices in the 200kg plus vealer category to the processors and re-stockers, as the steers ranged from 348c to 382c, with the heifers from 285c to 340c/kg. The lightweight yearling steers trended firm to reach 388c, while the medium weights to feed and re-stocker orders slipped 7c, making from 330c to 354c/kg. The yearling heifers to the re-stockers lost 6c, ranging from 286c to 341c, with the prime conditioned pens to the butchers topping at 330c/kg.
Heavy weight grown steers to slaughter remained firm at 283c to 295c, as the heifer portion reached 287c/kg. The plainer cows slipped 8c, with the D2 pens averaging 218c, while the better covered heavy weights remained firm to 4c cheaper selling from 226c to 248c/kg. Most the store conditioned cows sold to the re-stockers ranging from 195c to 223c/kg.

Sheep: In the sheep and lamb section 4250 were yarded 120 less than two weeks ago, we saw the trade lambs were firm to a top of $145, heavy lambs firm to a top of $192 and mutton were $5 – $7 up. Local sales: J & C Hyatt mutton ewes $91.

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