Inverell Market Report 30th January 2017

Cattle: There were 713 plain quality cattle at Inverell, less than half of last week’s offering. Young cattle and yearlings showed the biggest reduction, with cows and grown cattle numbers static. Most processors were present with an extra cow buyer and most feeder operators in place.

Feeder orders dominated the young cattle market with pens of better bred steers and heifers showing slightly dearer trends, these however were in a minority. Many of the heifers saw cheaper trends of 10c for feeders and 5c/kg for vealers to the trade. Operators buying to feed dominated the feeder section, both steers and heifers. Again, there was a dearer trend with a pen of Angus steer yearlings, but the balance of the steers showed cheaper trends of 4c to 7c with the heavy end declining up to 5c/kg. The lack of quality was a major influence in these price ranges. Heifer yearlings sold to cheaper tends of 12c/kg and the light and medium weights were also cheaper, again quality a factor.

Cows held firm for the better conditioned cows and re-stockers showed interest in drafts of light conditioned cows. These showed slightly dearer trends in places of 4c/kg. Increased bull numbers showed slightly cheaper trends

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