Inverell Market Report 13th November 2018

Cattle: Numbers reduced this week by 525 head to yard 1530  mixed quality cattle, with the emphasis on good supplies of yearling cattle and a few less cows. There were limited numbers of grain assisted cattle, with some very good pens of yearling heifers offered. Feeder operators dominated the buying for yearling cattle, particularly procuring numbers of heavy steers. The usual panel of buyers attended.

The limited numbers of vealers and weaners saw slightly dearer trends for cattle to background, although light veal to the trade saw cheaper trends of 7c/kg for heifers and more in places for the steers, with quality a factor. Light yearling steers sold to cheaper trends of 13c, with the medium and heavy drafts going to dearer trends of 11c/kg. The heifer portion of the drafts saw dearer trends, mostly to strong feeder competition, experiencing increases of 6c/kg.

Grown steers saw rising trends in heavy feeder steers, as much as 14c/kg. However, the heifers sold to cheaper trends of 14c/kg. 1 score cows experienced increases of 19c, but 2 scores saw the opposite effect being 14c/kg cheaper, with the better drafts of cows’ firm to slightly cheaper. Better quality bulls sold to slightly dearer trends on an individual basis, however there was a small penning of plainer quality bulls that saw a general cheaper trend. Local sales: J Williamson xb steers $298 c/kg 354kg $1055.

Sheep and lamb numbers saw little change, however, lamb quality decreased slightly to see that category sell to cheaper trends on the sale two weeks ago. Quality and numbers for grown sheep improved and increased to see dearer trends throughout, mostly due to a rise in the value of the feed. All the regular buyers attended.  There was a limited penning of new season lambs, this category seeing cheaper trends of $20/head. Light lambs also saw decreases, while light trade lambs eased $20/head. Trade lambs sold to cheaper trends of $10 to $20 and medium weight lambs decreased $10 to $15/head on the sale a fortnight ago. Extra heavy lambs eased $20/head. Hoggets sold to $135/head.  Quality saw light ewes sell to cheaper trends of $20/head. Heavy ewes saw dearer trends of $8 to $10/head, with heavy crossbred ewes going to cheaper trends than last sale, while Dorpers sold to similar trends. Local sales: Debbie McCowen dorper lambs 50kg $140.

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