Inverell Market Report 5th June 2018

Cattle: There were 438 more cattle penned for what was a very plain quality yarding. Cows again dominated the numbers, accounting for 30% of the offering. Young cattle also increased in numbers and sold to a cheaper trend through all categories, particularly the younger grades. All the regular buyers attended except one and feeders operated to a price. There were several pens of young cows and their progeny yarded, which attracted competition from local re-stockers, with sales between $420 and $1,050/head.

Vealers and weaners in general sold to cheaper trends, averaging up to 45c/kg less. Trends varied slightly for the better-bred young cattle, with those weighing under 200kg were 9c/kg cheaper. Yearling steers to restock and feed sold to cheaper trends of 13c to 25c and the lighter heifer portion sold to similar trends, back 13c to 20c see averages of under 200c/kg. Quality slipped across all categories, with pens of late weaners showing the effects of the prolonged dry period.

Both grown steers and heifers sold to cheaper trends however were in limited numbers. Light, one score cows increased in numbers, with several drafts going back to the paddock at much reduced prices of 50c/kg. Medium weight cows also sold to cheaper trends, with the better 3 and 4 score cows down 11c to 14c/kg. A plain quality penning of bulls saw prices ease across the category.

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