Inverell Livestock Report 16th June 2020

CATTLE: Numbers increased slightly to yard 670 head , up by 290 with a good run of quality cows offered. The usual processor panel attended and competed strongly for that category, as well as feeders and re-stockers bidding strongly for product. Lesser quality in the weaner steer category saw a significant correction. The heifer portion sold to gains of 20c/kg. Light feeder steers saw cheaper trends, again quality related, however, the heavier grades sold to significantly dearer trends. Top quality weaner steers out of the Bundarra area, 315 kg averaged $4.05. Light heifers to feed on sold to dearer trends. Re-stocker interest pushed light heifers to average 385c and trade heifers rose 11c/kg. Limited numbers of heavy steers to feed saw prices make from 262c to 354c/kg, while heavy heifers sold to significant rises. Light cows saw little change, with re-stockers up 11c/kg. D3 cows sold to dearer trends, up 12c to hit $3.12 and the D4 sold cows to 295c/kg. A rising bull market saw heavy bulls make to 329c/kg.

 

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