Inverell Livestock Report 5th March 2019

Cattle: Numbers increased by 1,000 head to yard 3889 and to create a new yarding level. Cows dominated, with 50% of the penning, as large numbers of young cattle came forward. Quality overall eased, in keeping with the season, although there were some very good pens of cows. Feeders were active, putting cows of varying condition onto feed. Feeder competition was also busy, with purchases of young cattle. However, competition overall was lacking, and the regular buying panel saw cheaper trends throughout all grades. Weaners to restock saw much cheaper trends for both steers and heifers. Yearling steers to feed also saw substantial decreases, anywhere from 15c to 40c for re-stockers and 30c/kg for feeders. Heifers fared much the same, with prices easing 25c to 55c/kg for feeders and re-stockers. Plenty of plainer conditioned cattle made under 100c/kg. Trade vealers made to 181c/kg. There were not enough grown steers or heifers for reliable quotes. There was good interest to put cows on feed, making from 30c to 140c/kg, encompassing various weights. Light cows to process saw prices ease 20c, with D3 and D4 cows easing 19c/kg. A large bull penning saw a rise of 12c for the better bulls, with feeders paying from 210c to 228c/kg for the better feeder bulls.

Sheep: Numbers reduced by 1,000 head, primarily from the lamb penning, with grown sheep similar to yard 5447 in total. There were no heavy lambs to speak of, although one heavy pen made to $180/head. Trade and light lambs made up the numbers to see a mainly cheaper trend emerge. Heavy sheep consisted mainly of crossbred and Dorper ewes, with light Merinos making up the balance of the grown sheep. The regular panel of buyers was present and operating. Light and trade lambs made up the bulk of the numbers, with the lighter drafts seeing cheaper trends of $10/head. Trade lambs also sold to cheaper trends of $8 to $10, with the medium weight lambs going $10 to $15/head cheaper. Plain conditioned hoggets made to $92/head. Light ewes saw cheaper trends of $10, with medium weights cheaper by $20/head. Heavy crossbred sheep made to $100/head, with heavy sheep seeing a very minimum offering. A pen of heavy crossbred wethers made to $110/head.


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