Inverell Market Report 9th October 2018

Cattle: The offering increased to 823 from last week’s sale that comprised minimum numbers (630). Young cattle numbers are similar week on week, however cow numbers improved. There was a limited selection of grain assisted offerings, with good numbers of well-bred but plain conditioned young cattle. Most categories saw improved trends throughout, with all the regular buyers in attendance. Additionally, there was strong competition from re-stockers.

Light weaners to feed on and grow out seen dearer trends of 18c/kg from buyers. The heifer portion was also dearer, increasing 8c/kg. Light yearling steers saw better trends of 13c, with good quality medium weight yearlings seeing increases of 30c/kg. Heavy trade steers sold 17c/kg dearer. However, plainer quality heifer yearlings sold to cheaper trends of 3c to 12c, with the prices for the trade section making 5c to 12c/kg more.

Due to there being no grown steers last week it was difficult to quote, although heifers saw dearer trends of 2c/kg. Cow numbers increased to just under 200 head, with medium weight cows making dearer trends. The best cows sold to dearer trends of 12c, averaging 245c/kg. A quality penning of bulls saw trends increase 16c to 30c/kg. Local sales: J Williamson & J Stibbard, Angus x cows and calves $1100.

Next sheep and cattle sale Tuesday 16th October also a store cattle sale will be held Inverell Thursday 18th October with entries already around 800 head and still being accepted, ring WRM with entries or enquiries.

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