Inverell Livestock Market Report 27th August 2019

CATTLE: There was only 100 head difference in the corresponding markets for the week to yard 1835 head. Quality was mostly plain, although there were some well finished drafts of yearling steers and these sold to dearer trends. A feedlot based in southern QLD was very competitive in purchasing medium and heavy feeders. Conversely, southern re-stocker competition was absent, seeing those lighter categories experience cheaper trends.   Re-stocker weaner steers saw significantly cheaper trends of 20c, with the heifer portion not so much affected with a 5c/kg rise. Apart from reduced buyer interest, quality of the younger cattle was found wanting. Medium weight feeder steers saw trends rise, up to 20c, the heavy drafts also dearer, seeing rises of 10c/kg. The better heifers to feed saw rises of 26c, while heavy heifers to the trade saw a rise of 5c/kg.  Heavy steers to the trade saw firm trends, as did the heifer portion. Re-stockers were competitive in purchasing light cows, although there was a shortfall of 15c/kg. Similarly, medium weight cows to slaughter saw cheaper trends of 10c to 19c/kg. The better-quality heavy cows saw rises of 15c/kg. Live export bull operators again put a floor in the heavy bull market, pushing the best bulls to 294c, while the slaughter bulls made to 290c/kg.



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