Inverell Market Report 6th February 2018

Cattle: The number of cattle yarded was up by 372 for a total of 1,085 head. Yearlings made up the main increase in numbers, especially heifers, while there was also a good penning of grown cattle. The yarding of young cattle consisted of a few weaner steers and heifers, however yearlings made up the largest percentage of the young cattle. Heifers were well supplied and there was also a fair offering of steers through the sale. Quality was good with mainly well finished 2 and 3 score yearlings, and several runs of well-bred cattle presented. The market was stronger with restocker weaner steers selling to a top of 340c/kg. Medium weight feeder steers were 20c dearer topping at 300c to average 287c/kg. An additional buyer entered the market this week, resulting in extra competition mainly on the heavier end of the feeder cattle, with prices improving by 15c to 17c/kg. Heavy milk tooth feeder steers sold to 294c to average 286c/kg. Medium weight feeder heifers averaged 271c, while the few trade heifers sold to 289c/kg. The yarding of export cattle consisted of a fair penning of grown steers, while there was larger numbers of heifers and a good supply of cows. Quality was good with most of the steers and heifers in 3 and 4 score condition and there was a large percentage of medium and heavy 3 and 4 score cows offered. Grown steers were slightly dearer topping at 277c to processors and feeders averaged 273c/kg. Heifers to processors sold to 266c while the feeder heifers averaged 260c/kg. The cow market was 17c to 20c dearer, with 3 score medium weights averaging 210c and heavy cows sold to 224c, with a single sale to 227c/kg.
Sheep: There was an increased yarding of 4,062 sheep, of which there were 2,495 lambs penned. Quality of the lambs was good; they have held condition well considering feed supplies are starting to deteriorate. Trade weight lambs were well supplied, and there were several runs of heavy and extra heavy lambs through the sale. Several pens of lambs were carrying a good skin; however, a large percentage of lambs were shorn. Competition remained strong for all classes of lambs, although heavy weights saw a slight increase in prices.  The yarding of mutton consisted of a good supply of ewes and wethers with several consignments caring a good skin. Most sheep were in 3 and 4 score condition and attracted keen buyer competition.

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