Inverell Livestock Report 2nd June 2020

CATTLE: Sale numbers reduced this week to yard 528 head, down by 630 with the most noticeable decline in cow numbers back 400 head. Quality lacked through the young cattle to see a cheaper trend and limited processor activity saw that category flag in values. Steer weaners broke the trend, however, selling to a dearer trend as did the heifers portion, both categories selling to re-stocker interest. The heavier drafts selling to significantly cheaper trends, with trade heifers back 14c/kg. Light yearling steers experienced reduced competition of 5c/kg. Steers under 330kg were cheaper, also the medium feeder weights, back 6c/kg. Light heifers saw similar reductions, back 6c, although trade yearling heifer saw a slight rise, up 5c/kg. Heavy feeder steers saw a good rise, up 13c/kg. Cows bore the brunt of the corrections, due mostly to a lack of processor competition, with two major buyers not attending. Drafts of P.T.I.C cows sold to re-stocker interests, selling to 321c/kg. The balance of the trade cows saw cheaper trends throughout. Medium weight cows saw a reduction of 20c/kg. Similar reductions were experienced in the heavy D3 and D4 cows, back 19c and 21c/kg respectively. Bulls sold to cheaper trends.



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