Inverell Market Report 28th Nov 2017

Cattle: Numbers reduced by 145 head to pen 1,380 mainly good quality cattle, including some plainer types. Yearling cattle showed the biggest reduction to be down by a third. The quality of the cows offered was very good with several stand-out drafts of high yielding cows. Not all buyers were present.  Vealer and weaner cattle showed cheaper trends of up to 16c/kg with some light re-stocker types selling firm, these changes being quality related. Demand was good for most re-stockers yearlings however both restockers and feeders were subject to price variations. Both steers and heifers sold to cheaper trends; steers eased from 7c to 17c and medium weight heifers from 11c to 15c/kg with the heavy heifers only slightly easier.  Both grown steers and heifers experienced a correction of 10c/kg. Heavy weight cows presented very well with some high yielding cows available. However, these categories also experienced price variations to be 3c/kg easier. The light end of the cow market also sold to cheaper trends of 8c to 10c/kg easier, these changes reflecting in the plainer quality cows. Bulls sold mostly to firm trends. Local sales K & M Goodman 270kg steers 339c/kg $915 and heifers 360kg 290c/kg $1044.

Sheep: In the sheep and lamb section 4200 were yarded 1000 more than 2 weeks ago. We saw trade lambs down $3 – $5 and heavy lambs up $5 and mutton stayed firm.

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