Inverell Market Report 27th November 2018

Cattle: There was a 30% reduction in numbers to yard 1158, down 557 from last week. There was a good selection of yearling cattle and a reduced cow penning. Feeder operators provided strong competition for both steers and heifers. All the regular buyers attended. Limited vealers and yearlings saw cheaper trends of 10c to 14c/kg. Very light yearling steers to feed saw dearer trends of 20c/kg, while the light yearlings bordered on firm trends. Medium weight feeders saw a dearer trend of 6c/kg. Heavy weight feeder steers-maintained values to improve by 7c/kg, with two major feed lotters supporting with keen competition.   Medium weight heifers to feed showed a firm to slightly cheaper trend. At the other end of the scale, heavy feeder heifers sold to dearer trends of 5c/kg. A lapse in quality saw some re-stocker and background grades deliver substantially cheaper trends for both steers and heifers. Heavy trade steers and heifers saw slightly cheaper trends of 4c to 6c/kg. Quality grown heifers sold to a dearer trend. Light and medium cows saw feeder competition take values to 206c/kg. The trade category saw prises increase 9c to 14c, while 3 and 4 score cows sold to dearer trends of 6c/kg. An improved bull market saw the better bulls make 9c/kg dearer.

Sheep & Lambs: Inverell experienced a reduction in numbers by 351 head to yard 3,233 sheep and lambs. Lamb quality lifted and penned a good selection of heavy lambs. An extra buyer saw a good rise in trends for trade lambs, although sheep quality decreased somewhat. All the regular processors were present, with a limited input from re-stockers. Light lambs lifted to trends of $20, while trade lambs saw prices rise by $6 to $15/head. Heavy trades sold $8 to $12 better, with extra heavy categories lifting to $22/head better on the last sale two weeks ago. Hoggets were $10/head dearer. Light sheep sold to firm trends, with quality reduced from last sale. Weight and quality also saw heavy ewes sell up to $7/head cheaper. Best crossbred wethers sold to trends of $20/head better. Local sales Mark Hunt Uralla, medium weight XB ewes $85.

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