Inverell Market Report 18th Sept 2018

Cattle: Numbers remained similar as last week, comprising a penning of plain to good quality cattle and a decent selection of supplementary fed vealers and yearlings. Once again, cow numbers were reduced, resulting in increasing trends for that category, particularly for the lighter drafts of the offering. The usual array of processors was present and there was strong competition from feeder operators and re-stockers for the young cattle. Vealers to the trade sold to dearer trends of 13c/kg, going mostly to trade competition. Yearling steers improved by 8c to 16c to feed, while purchases back to the paddock saw slight increases of 3c/kg. Medium weight heifers to the paddock lifted 8c to 15c/kg. The heavy weight offering saw firm to very slight increases. However, medium weight trade heifers saw cheaper trends of 8c to 10c, with the heavy portion averaging 7c/kg back, going to the trade. A better offering of grown heifers saw a dearer trend of 21c/kg. Light cows saw 20c increases, with two score cows seeing significant rises of up to 30c/kg. Heavy cows also saw dearer trends of 9c/kg. The bull offering doubled, with the medium weight bulls making 19c/kg more.

Sheep: Numbers decreased by 290 head of sheep and lambs to 1,810 head. Downward trends were experienced for most lamb classes, as two weeks proves to be a long time in a volatile market. However, grown sheep saw market trends improve, as the heavy run of sheep see considerable increases. All the regular buyers attended.  Only a limited number of new season lambs were available, which experienced a downward trend of up to $32/head. This can be attributed to the decrease in the number of quality lambs offered, compared to the previous sale. A pen of well finished, light shorn Merino lambs saw a dearer trend of $6/head, however this was the only stand out. Trade lambs saw cheaper trends of up to $38/head.  Heavy lambs eased from $25 to $30/head. Definite changes in quality and weight showed, as there were no extra heavy lambs on offer. Hoggets sold to dearer trends. Grown sheep saw dearer trends through all categories. Light ewes sold $12/head dearer. Heavy crossbred ewes were $20 dearer and heavy wethers saw strong competition, also gaining $20/head.

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