Inverell Market Report 21st February 2017

Cattle: There was an increase in numbers with cows well supplied. Yearlings were also well represented and there were a few more vealers. The quality of the young cattle varied with a few lines of well bred vealers and yearlings available. There was a wide range in the condition of the cows penned. Overall the quality and condition was mixed with re-stockers well catered for. The market was strong for vealers purchased by re-stockers with the medium weight steers averaging 11c dearer, the best as much as 17c/kg dearer. There were insufficient heavy weights to quote a trend. The heifer vealers to restock were up to 6c/kg dearer. Light weight yearling steers to restock saw a firm to dearer market trend with some quality related change. The medium and heavy yearling steers to restock and feed sold on a firm to cheaper market trend with the better quality lots in each weight range least affected. The yearling heifers to restock and feed experienced a firm to slightly cheaper market trend. There were very few well finished young cattle suitable to the local butchers with the limited numbers a little dearer. Heavy grown steers sold to a cheaper trend with quality a factor. There was little change in trends through the cow market, with re-stockers active on the plainer condition and PTIC lots. Bulls held firm.

Sheep: Overall the numbers remained steady however there was a reduction in lambs and an increase in the sheep yarding. The lamb quality was mostly good and comprised a good selection of trade and heavy weights along with a fair selection of Dorpers. There were a small percentage of plainer condition light weights. Competition from a full field of buyers was strong through both the lamb and sheep sales, with demand for most classes high.
Market trends through the lamb sale were mostly dearer due to at times fierce competition. There were strong gains for light weight lambs to both processors and re-stockers. Trade and heavyweight lambs saw a firm to $15/head dearer trend with the heavy weights receiving the strongest support. The extra heavy weights in excess of 26kg cwt saw the market trend up to $8/head dearer.
A mostly well finished and improved quality penning of sheep attracted keen demand with all classes selling to a dearer trend. Crossbred hoggets were as much as $25/head dearer.

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