Inverell Market Report 26th June 2018

Cattle: The yarding was down again this week, for a total of 1,104 head which is a reduction of 675 head. The yarding consisted of a good supply of weaners and yearling cattle, while cows dominated the grown cattle section. The offering of young cattle consisted mainly of weaners, and yearlings, with increased numbers of vealers. Quality was mixed, although there were a few more better conditioned cattle through the sale. There were also several runs of well-bred steers and heifers that were suitable for backgrounders and feeders.  Competition was much stronger with restocker weaner steers selling 20c dearer topping at 296c/kg. Restocker weaner heifers sold up to 229c, while trade vealers were up by 10c topping at 227c/kg. Feeder steers were 15c dearer selling to 292c for light weights, for an average of 270c/kg. Feeder heifers gained 6c selling to an average of 234c/kg.  The yarding of export cattle was made up mainly of cows, along with a few pens of grown steers and heifers. Processors were keener to acquire cattle, resulting in bullocks and steers selling to a top of 293c and heifers to 260c/kg. The cow market sold from 10c to 20c dearer, with medium weight 3 scores averaging 195c and heavy cows selling to 237c/kg. Bulls also met a stronger market topping at 241c/kg.

Sheep: There was a total yarding of 3,588 head, of which there was 2,855 lambs. The yarding of lambs consisted of a good supply of heavy and extra heavy lambs, trade lambs were also in good number, while there were a fair number of light 1 and 2 score lambs sold. Quality of the trade and heavy lambs was good with a large percentage supplementary fed.  Competition was stronger with prices $10 to $15/head dearer. Heavy trade lambs sold to a top of $168 while extra heavy lambs topped at $220/head. Restockers were active in the market on the light weight lambs.  The light penning of mutton also met a stronger market with mostly ewes being offered. Quality was good with heavy weights selling to a top of $190/head.

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