Inverell Market Report 4th June 2019

Cattle: The offering reduced by 553 cattle to yard 1763 head which saw a mixed quality penning with similar numbers of young cattle, but a decrease in the cow offering to 600 head. Young cattle quality improved to see the better-bred categories sell to dearer trends. All the regular buyers attended, with feeders and re-stockers active in the light cow market.

Light steer weaners to restock saw increases of 20c, with the heifer portion to feed selling to dearer trends of 15c/kg. Better quality light yearling steers saw dearer trends of 7c, as the medium weight steers were 12c/kg better for the feeder drafts. A lift in quality for yearling heifers saw rising trends of 20c/kg for the feeder categories.

No grown steers to quote, however heavy grown heifers sold to significant increases. Light processor cows saw dearer trends of 20c/kg, as medium weight cows sold to firm trends, while heavy cows saw firm to slightly cheaper trends. Store cows to the re-stockers were firm. Once again, exporter competition was strong in the bull market.

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