Inverell Market Report 12th February 2019

Cattle: Numbers increased by over 500, with Inverell agents yarding 2,961 head. The yarding consisted of large numbers of yearling cattle, and cows were also in greater numbers. The offering of young cattle was mixed quality, comprised of several runs of well-presented yearling steers and heifers, however there was a fair number of plain conditioned cattle through the sale.   Competition was not as strong this week, as not all the usual feeder and re-stocker buyers competed in the market. Light young cattle attracted limited interest, resulting in re-stocker weaner steers easing 30c to 40c, topping at 259c, while weaner heifers were back by 20c to 50c, receiving from 110c to 190c/kg. Feeder steers were 18c to 23c cheaper for the medium weights, averaging 238c, while heavy feeders were less affected to average 255c/kg. The few trade yearling heifers sold from 189c to 264c/kg. However, light yearling heifers experienced a greater loss, easing up to 40c in places to make from 120c to 226c/kg. 

 The yarding of export cattle comprised mainly large numbers of cows and a small offering of grown steers and heifers. Grown steers sold slightly easier, topping at 261c to processors and up to 268c/kg for feeder steers. The mixed yarding of cows met a very inconsistent market, with heavy cows easing 7c, while medium weight cows were 13c to 28c/kg cheaper at times through the sale. Very light cows made from 30c to 154c, while 2 score medium weights averaged 267c, as 3 score medium weight averaged 173c/kg. Heavy cows sold to a top of 215c/kg.

Next sheep and cattle sale Tuesday 19th February and a combined agents store sale will be held 21st (Thursday) starting time 8.30am expected to be around 3200 cattle.



Inverell Livestock Market Report 5th February 2019

Cattle: The number of cattle yarded doubled for a total of 2,440 head. There was an increase in most classes of cattle, especially yearlings and cows. The yarding of young cattle consisted of a few more vealers and weaners, along with a larger number of yearling steers and heifers. Quality was mixed, with several runs of well-bred cattle through the sale, however there was also a fair number of plain conditioned young cattle offered. The market varied, with the better-quality cattle selling stronger, while re-stocker weaner steers topped at 291c to be 10c/kg dearer. Vealer heifers also sold to a dearer market, topping at 232c/kg. Medium weight feeder steers were 5c cheaper, averaging 262c, however heavy feeder steers gained some ground to average 275c/kg. Feeder heifers sold firm to slightly dearer, making from 225c to 245c/kg. 

 The yarding of export cattle consisted of a larger penning of cows, along with a small sample of grown steers, while there were a few pens of grown heifers. Grown steers held firm, reaching 260c, while heifers topped at 244c/kg. The yarding of cows was made up of an increased supply of plain conditioned lines, while there was a fair offering of well finished 3 and 4 score cows. Light and medium weight cows sold 5c to 6c/kg cheaper, while heavy weights were firm to slightly dearer. Medium weight 2 score cows averaged 181c, as 3 score medium weights averaged 201c, while heavy cows sold to a top of 223c/kg.

Sheep & Lambs: Agents yarded 4,285 head of sheep, of which there was a penning of 2,230 lambs. There was a mixed quality penning of lambs, with a good supply of trade weights, a few pens of heavy lambs, along with a fair number of light weights. Quality was mixed with several pens of supplementary fed lambs, however there was a large percentage of the lambs in the yarding showing the effects of the dry weather.  The market was generally easier, although the better finished trade and heavy lambs were less effected, and most sales decreased from $7 to $8/head. Re-stockers were active in the market and bought many the light lambs. Top price lambs sold for $213/head.  The yarding of mutton consisted of trade weight ewes and wethers, although there were some pens of heavy mutton through the sale. Competition was stronger with the heavy trade and heavy mutton selling from $10 to $12/head dearer. The top price for mutton was $175/head.  Local lambs sold account of K & P Weiss 56kg $174 and 48kg Aussie White lambs account of R & J Aitken $142, good xb store lambs account Kruger Family 39kg $105 and mutton also for the Aitkens’ made to $165.


Inverell Market Report 29th January 2019

Cattle: Numbers nearly halved at Inverell this week for a yarding of 1,206 head of cattle following two very large yarding in the previous weeks. The yarding consisted of a large percentage of young cattle, along with a good supply of cows. The yarding of young cattle consisted of several pens of weaner cattle, however yearling steers and heifers made up majority of the numbers. Quality was mixed with a few plainer conditioned cattle through the sale, although there were several runs of well-bred cattle in good 2 and 3 score condition.

Overall, the market improved, with re-stocker and feeder buyers more active this week. Re-stocker weaner steers sold to a top of 262c for an average of 240c/kg. Feeder steers were 10c dearer, reaching 270c for an average of 267c, while re-stocker and background yearling steers sold from 120c to 272c/kg. Re-stocker and feeder heifers made from 136c to 240c to experience an increase of 10c to 12c/kg.

The yarding of export cattle consisted mainly of cows, along with a small penning of grown steers and heifers. Grown steers sold to a top of 265c and heifers topped at 244c/kg. The yarding of cows was of mixed quality, with a large percentage of plain conditioned cows, however there were several pens of well finished 3 and 4 score cows through the sale. The market improved 6c to 10c, with very light cows making from 80c to 158c, as 2 scores averaged 167c, while majority of the medium weight 3 score cows sold for an average of 206c/kg. Heavy cows sold to a top of 219c/kg.

Inverell Market Report 22nd January 2019

Cattle: Numbers decreased at Inverell by about 816 head despite very scattered rainfall through the area. Young cattle again made up the bulk of the numbers, which included some very plain conditioned and light weight cattle in the offering. There were however, some good quality feeder cattle offered and these showed slight rises through what was a generally a much cheaper market. All processors bar one was present, as were the usual feeder and background orders. Steer and heifer weaners saw cheaper trends of 30c to 40c/kg, attributed mostly to the plainer quality offering. Best quality yearling feeder steers saw dearer trends of 14c, re-stocker drafts selling to cheaper trends of 20c/kg. Better bred feeder heifers sold to 8c/kg easier. Light conditioned and plainer grade drafts saw a substantial drop in values with prices well under 200c/kg. No grown steers to quote, heifers seeing cheaper trends of 17c/kg. Light cows sold to dearer trends of 15c/kg, with help from limited feeder interest, medium weight cows sold to slightly dearer trends. Heavy D3 and D4 cows also sold to an upward trend of 4c/kg. A larger bull penning saw quality bulls yarded, but also saw a cheaper trend for the heavy bulls of 17c/kg.

Sheep / Lambs: Numbers increased for both sheep and lambs to yard 6102 in total. Lamb quality improved, with perhaps not the weight of last sale.  All the regular buyers attending seen grown sheep trends rise. Young lambs sold to cheaper trends, not carrying the weights of last sale. Trade lambs sold to better trends of $10/head. The heavy trade weights were slightly cheaper with a weight deferential, to see a $10/head difference. Hoggets sold to $154/head. Light ewes sold to slightly cheaper trends of $6, with medium weights $5 to $8/head dearer. Heavy Dorper ewes sold to $130 and Merino wethers to $122/head. Re-stockers were active on older first cross ewes, making to $121/head. Cross bred rams made to $65/head.


Inverell Market Report 15th January 2019

Cattle: : In maybe the largest yarding at the Inverell saleyards for a prime sale numbers reached 3196 head up by 50% from last week. The yarding was made up principally of 2,000 young cattle and almost 700 cows, in a market area that has not received anything but limited storm rain over the north western section. Quality was reasonable, however, the numbers included major drafts of early weaned calves and light yearlings. There were good pens of forward feeder cattle, but numbers and the secondary drafts of lighter cattle generally saw cheaper trends throughout. North of the border, feeder and background interest saw good numbers into southern Queensland. All the regular processors and feeders were present, along with local re-stocker interest.  Early weaned calves saw dearer trends from re-stockers out of the area, with trade veal showing slightly dearer trends. Lighter weight feeder steers saw cheaper trends of up to 30c, quality related, while re-stockers eased 8c/kg for the better grades. The best of the medium weight feeders sold to cheaper trends of 20c, however, the averages for the secondary drafts, saw a price correction of up to 30c/kg for that category. Medium weight heifers posted cheaper trends of 20c/kg.  Well finished grown steers sold to dearer trends of 20c, while heifers finished 16c/kg back. All cow grades saw cheaper trends, with D1 and D2 types finishing 13c to 23c/kg cheaper. The better D3 and D4 drafts sold up to 18c/kg back. A plainer bull penning saw that category sell 17c to 29c/kg cheaper. Next sheep and cattle sale Tuesday 22nd January.

Inverell Market Report 8th January 2019

Cattle: Inverell numbers increased by 296 for the first sale of 2019 to yard 1612 head. The penning consisted of good numbers of quality feeder cattle, and a very good selection of cows. All the regular processors attended and operated, as well as feeder operators north and south of the border, bidding with confidence. Limited vealers and weaners saw restricted demand, selling to cheaper trends of 8c/kg, and more in places for lesser quality drafts. Light feeder steers experienced dearer trends of 3c, while re-stockers and backgrounder interest saw an increase of 8c/kg. Medium weight steers saw firm trends. Yearling heifers to feed sold to dearer trends of 10c, and trade operators increased those categories by 5c/kg. These quotes relate to the previous market three weeks ago. Grown steers held firm, while the well finished grown heifers sold firm to slightly dearer trends of 5c/kg, with the improved quality prevailing. Light cows sold to firm trends, while well finished, high yielding cows saw an increase of 13c/kg. A mixed quality bull offering saw trends cheaper than last sale, selling to 233c/kg. Local sale; Doak P’ship cows 592kg $2.05kg $1213.

Sheep: Numbers decreased for the New Year sale to 2,642 sheep and lambs. Lamb quality was quite good, with better numbers of trade lambs, although less numbers of new season drafts. Most grades saw cheaper trends, with the exception of light weight ewes that were slightly dearer. The usual buying group attended.  Young lamb saw cheaper trends of $3, with the converse happening to light trades that were $3/head dearer. Trade lambs sold to cheaper trends of $14/head, as did the heavy lambs that also sold cheaper. A single extra heavy lamb made to $202/head.  Medium weight ewes sold to a dearer trend of $5, however quality saw the heavier drafts sell to cheaper trends of $10/head. Heavy wethers sold to $122 and crossbred rams reached $40/head.

Inverell Market Report 11th December 2018

Cattle: Inverell posted a reduction in numbers to yard 1326 head, down by 500. Numbers dropped particularly in the yearling cattle section decreasing by 30%. Cow numbers were similar, but saw a push from backgrounders, who took up to 25% of the numbers to hold over and improve condition in hope of the forecast rain event. Quality drafts of yearling cattle saw improved competition from feed lotters, while local re-stockers were competitive in purchasing lighter drafts, along with both steers and heifers to put away. All the regular processors operated. Re-stockers were active in purchasing weaners and saw prices increase up to 20c/kg for heifers, while there were no numbers of steers last sale to compare. Very light yearling steers posted dearer trends of 14c/kg, mainly to feeder competition. Although, light and medium weights sold to cheaper trends of 13c to 19c/kg for the secondary drafts. Light heifers sold to dearer trends of 3c to 5c and medium weights saw a cheaper trend of 12c/kg. Trade weights also saw cheaper trends of 8c/kg.  Grown steers and heifers sold to cheaper trends, topping at 271c and 256c/kg respectively, although there were very limited numbers to compare. Backgrounders pushed light cows, substantially improving prices to reach 156c/kg. Medium weight cows saw a decrease in trends of 4c to 9c, while 3-4 score cows posted easier prices by 19c/kg on average. Best bulls sold 10c dearer to make 248c/kg.

Sheep: Inverell numbers reduced by 300 lambs and sheep increased by 1,600 head to yard 3800. Quality of lambs decreased, with the numbers of heavy lambs reducing, meaning there were quite a few light, plainer conditioned drafts. All the regular buyers attended.  Young lambs saw cheaper trends of $20/head. Light old lambs also sold to cheaper trends of $12/head. A few trade lambs sold to firm trends, although the main competition saw cheaper trends of $15/head. Heavy lambs also saw cheaper trends of $15, while the extra heavy drafts sold to trends of $20/head back. Hoggets made to $140, being $5/head cheaper.  Light ewes sold to cheaper trends, while heavy crossbred ewes were firm, making to $140/head. Wethers were also dearer, showing rising trends of $9/head.

Inverell Market Report 4th December 2018

Cattle: There was a sharp increase in numbers by 672 head to yard 1830 cattle, with an influx of yearlings. Cows were also well supplied. The quality of the young cattle was very mixed, with some good lines of well-bred cattle suitable to restock and feed. The condition of many of the young cattle was on the lower end of the condition scores. There were very few well finished young cattle to satisfy processor requirements. There was an increased supply of heavy grown steers, while cows were represented by most of the condition scores.

Market trends through the young cattle varied. Light weight yearling steers to re-stockers sold on a firm to slightly cheaper market trend, with buyers hesitant in the face of the hot dry conditions prevailing. Medium and heavy weight yearling steers suitable to feed attracted increased competition, selling firm to a shade dearer. The increased numbers of yearling steers also brought about some quality variation that affected some average prices. The light weight yearling heifers to re-stockers followed a similar trend to that of the steer portion, selling from firm to slightly cheaper. Heifers suitable to feed were firm to slightly dearer.

Well finished heavy grown steers attracted strong processor competition, however no market comparison is possible due to the lack of comparable cattle at the previous sale. The cow market saw cheaper trends throughout, with the better heavy weights easing as much as 10c to 12c/kg. An increased supply of bulls saw heavy weights sell to cheaper trends.

NOTE: The last sheep and cattle sale for 2018 will be next Tuesday 11th and the store sale that was scheduled for the 13th has been cancelled.

Inverell Market Report 27th November 2018

Cattle: There was a 30% reduction in numbers to yard 1158, down 557 from last week. There was a good selection of yearling cattle and a reduced cow penning. Feeder operators provided strong competition for both steers and heifers. All the regular buyers attended. Limited vealers and yearlings saw cheaper trends of 10c to 14c/kg. Very light yearling steers to feed saw dearer trends of 20c/kg, while the light yearlings bordered on firm trends. Medium weight feeders saw a dearer trend of 6c/kg. Heavy weight feeder steers-maintained values to improve by 7c/kg, with two major feed lotters supporting with keen competition.   Medium weight heifers to feed showed a firm to slightly cheaper trend. At the other end of the scale, heavy feeder heifers sold to dearer trends of 5c/kg. A lapse in quality saw some re-stocker and background grades deliver substantially cheaper trends for both steers and heifers. Heavy trade steers and heifers saw slightly cheaper trends of 4c to 6c/kg. Quality grown heifers sold to a dearer trend. Light and medium cows saw feeder competition take values to 206c/kg. The trade category saw prises increase 9c to 14c, while 3 and 4 score cows sold to dearer trends of 6c/kg. An improved bull market saw the better bulls make 9c/kg dearer.

Sheep & Lambs: Inverell experienced a reduction in numbers by 351 head to yard 3,233 sheep and lambs. Lamb quality lifted and penned a good selection of heavy lambs. An extra buyer saw a good rise in trends for trade lambs, although sheep quality decreased somewhat. All the regular processors were present, with a limited input from re-stockers. Light lambs lifted to trends of $20, while trade lambs saw prices rise by $6 to $15/head. Heavy trades sold $8 to $12 better, with extra heavy categories lifting to $22/head better on the last sale two weeks ago. Hoggets were $10/head dearer. Light sheep sold to firm trends, with quality reduced from last sale. Weight and quality also saw heavy ewes sell up to $7/head cheaper. Best crossbred wethers sold to trends of $20/head better. Local sales Mark Hunt Uralla, medium weight XB ewes $85.

Inverell Market Report 20th November 2018

Cattle: There was an increased penning of mixed quality cattle to yard 1715, up by 185 head with extra cow numbers and a good supply of young cattle available. This sale also saw good numbers of heavy grown heifers offered. The regular buying panel was present, with feeder operators competitive, particularly on heavy weight steers to send those cattle north of the Border.

Vealer and weaner trends were dearer, with the trade taking light veal to 8c/kg dearer. Light yearling steers saw cheaper trends of 20c/kg, quality being a definite factor. This was seen with the better types of medium weight steers, that sold to dearer trends of 4c to 6c, while heavy weight feeders saw increases of 3c and heavy trade steers sold 18c/kg better. Again, the plain light end of the heifers sold to cheaper trends of 8c to 10c, while the medium drafts of feeders were 6c/kg dearer. Trade heifers sold to trends of 8c/kg better.

Grown steers were dearer, as were good drafts of heavy heifers offered to the trade, up to 20c/kg better. Light cows sold back 19c/kg. The best money offered for the 3 and 4 score cows was slightly dearer on last week, however, averages saw cheaper trends of 2c to 7c/kg. A penning of mostly good quality bulls saw the heavy drafts sell to dearer trends of 25c/kg.