Inverell Market Report 11th Sept 2018

Cattle; Inverell numbers were similar to last week yarding 755 head ( down by 45 ) with good rainfall throughout the district contributing to lower numbers. There were good numbers of young cattle and similar numbers of young calves taken off cows as the previous week. These were offered on a dollar per head basis making from $150 to $185/head. Limited numbers of supplementary fed yearlings were also offered and the cow offering reduced by 50%. The usual processors and feeder operators were present, and there was good competition from re-stockers purchasing drafts of the younger lighter offering of yearlings and young calves.

Late weaners saw a substantially increased trend, with younger heifers experiencing increases of 6c to 18c/kg. Some very well finished supplementary fed yearling heifers saw dearer trends of 5c/kg, which were purchased by the trade. However, there were older heavier heifers that sold to cheaper trends of 13c/kg. Yearling steers sold dearer, up to 32c/kg in places due to re-stocker interest. Once again, the heavier portion saw quality related reductions in value.

There were no reliable quotes for older steers and heifers due to quality and lack of numbers. Quality in the light cow offering saw mostly cheaper trends in that category. However, there were several pens of heavy high yielding cows, which saw dearer trends of 7c to 11c/kg. A better-quality bull penning saw those grades making slightly dearer.

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