Inverell Market Report 27th March 2018

Cattle: Inverell had reduced numbers by 1,000 head to pen 1,320 mixed quality cattle. All categories penned less numbers, with the regular buying group attending, along with one extra processor. There were limited numbers of calves under 200kgs and most of these were purchased by re-stockers. Reduced numbers of the better steer weaners showed slightly cheaper trends to be back 4c/kg for the lead calves. However, the trend for the plainer quality steers was much cheaper, 15c to 20c/kg. Weaner heifers also showed cheaper trends of 8c to 11c/kg, depending on quality. Plainer drafts of light weight yearling steers were 15c/kg cheaper, while better bred steers were mostly firm. Medium to heavy C2 steers sold to cheaper trends of 13c and the heavy portion sold to cheaper trends of 15c/kg. As usual, many of the purchases went back to the feedlots, with minimum numbers to the trade. Light heifers saw cheaper trends, while heavy weights declined 10c/kg. Best heavy cow trends improve slightly to 2c, with the good D3 and D4 types showing increases of 10c/kg. Light cows to re-stockers averaged 170c, and light cows to the trade showed cheaper trends of 4c to 5c/kg

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