Inverell Market Report 20th Feb 2018

Cattle: Inverell penned 326 less for a yarding of 1,396 head of mixed quality cattle. Vealer and weaner numbers increased slightly, while yearlings reduced by almost half. Grown cattle and cow numbers remained static. Most regular processors were active, with a new store order showing interest in young cattle.  Interest in weaners saw a draft of light steers make over 350c to sell to dearer trends, with the heifer portion making to 331c/kg. The best of the yearling steers sold to slightly dearer to be 10c/kg better, however, quality was a factor in some of the plainer types to be 15c/kg cheaper. Heifers showed mostly cheaper trends of 6c to 8c/kg for the light types. Medium and heavy weight heifers eased 11c/kg.  Grown steers were again cheaper, while the heifer portion sold mostly firm. Cows were also cheaper, with the odd sale of light cows selling to slightly dearer trends of 5c/kg to go back to the paddock. The heavy, well finished cows suffered the most reduction of up to 13c/kg. Bulls were slightly cheaper. Local sales: Doak Partnership Cows 195c/kg 660kg $1287

Sheep: Inverell penned similar numbers to last sale day, 2,000 lambs and 2,300 grown sheep. It was a mostly average yarding with a limited penning of heavy lambs and most of the finished lambs have been shorn. There was a small penning of store and light lambs. There were also good numbers of sheep, most of these in the light to medium category.  Light lambs sold firm to slightly cheaper trends from last day with local restockers keen to secure lambs in the cheaper market. Trade lambs sold mostly to cheaper trends of $7 to $ 12, while heavy and extra heavy lambs showed cheaper trends of $10 t0 $15/head, weight being a factor.  Light ewes sold to cheaper trends of $8 to $10, with the heavy categories up to $20/head easier, quality and weight variations a factor. Medium weight wethers were also cheaper by $20/head, again the weight difference was a major factor.


Inverell Market Report 13th February 2018

Cattle: There was a rise of 637 head to 1,722 mixed quality cattle. Young cattle dominated with double the numbers of last sale and there was an increase in cows penned. All the regular buyers attended and were active with major processors also busy with feeder orders.

Vealers showed cheaper trends of 8 to 10c/kg for the trade types, while weaners to feed showed firm. Medium and heavy steer yearlings to feed sold to keen competition with dearer trends of 8c to 12c/kg, while the light portion also showed firm to slightly dearer trends. Yearling heifers sold to cheaper trends of 6c to 8c for the light weights, with a loss of 8c to 14c for medium weights and 12c/kg for heavy weights.

Both grown steers and heifers sold to cheaper trends, but numbers of plainer quality cattle were a major factor. Light cows sold to cheaper trends of 8c to 10c to the restockers, with light trade cows down by 12c to 15c/kg. Heavy cows were down by 6c to 8c, while good D3 cows were down by 10c to 12c/kg. Bulls sold to slightly dearer trends.

Inverell Market Report 6th February 2018

Cattle: The number of cattle yarded was up by 372 for a total of 1,085 head. Yearlings made up the main increase in numbers, especially heifers, while there was also a good penning of grown cattle. The yarding of young cattle consisted of a few weaner steers and heifers, however yearlings made up the largest percentage of the young cattle. Heifers were well supplied and there was also a fair offering of steers through the sale. Quality was good with mainly well finished 2 and 3 score yearlings, and several runs of well-bred cattle presented. The market was stronger with restocker weaner steers selling to a top of 340c/kg. Medium weight feeder steers were 20c dearer topping at 300c to average 287c/kg. An additional buyer entered the market this week, resulting in extra competition mainly on the heavier end of the feeder cattle, with prices improving by 15c to 17c/kg. Heavy milk tooth feeder steers sold to 294c to average 286c/kg. Medium weight feeder heifers averaged 271c, while the few trade heifers sold to 289c/kg. The yarding of export cattle consisted of a fair penning of grown steers, while there was larger numbers of heifers and a good supply of cows. Quality was good with most of the steers and heifers in 3 and 4 score condition and there was a large percentage of medium and heavy 3 and 4 score cows offered. Grown steers were slightly dearer topping at 277c to processors and feeders averaged 273c/kg. Heifers to processors sold to 266c while the feeder heifers averaged 260c/kg. The cow market was 17c to 20c dearer, with 3 score medium weights averaging 210c and heavy cows sold to 224c, with a single sale to 227c/kg.
Sheep: There was an increased yarding of 4,062 sheep, of which there were 2,495 lambs penned. Quality of the lambs was good; they have held condition well considering feed supplies are starting to deteriorate. Trade weight lambs were well supplied, and there were several runs of heavy and extra heavy lambs through the sale. Several pens of lambs were carrying a good skin; however, a large percentage of lambs were shorn. Competition remained strong for all classes of lambs, although heavy weights saw a slight increase in prices.  The yarding of mutton consisted of a good supply of ewes and wethers with several consignments caring a good skin. Most sheep were in 3 and 4 score condition and attracted keen buyer competition.

Inverell Market Report 30th January 2017

Cattle: There were 713 plain quality cattle at Inverell, less than half of last week’s offering. Young cattle and yearlings showed the biggest reduction, with cows and grown cattle numbers static. Most processors were present with an extra cow buyer and most feeder operators in place.

Feeder orders dominated the young cattle market with pens of better bred steers and heifers showing slightly dearer trends, these however were in a minority. Many of the heifers saw cheaper trends of 10c for feeders and 5c/kg for vealers to the trade. Operators buying to feed dominated the feeder section, both steers and heifers. Again, there was a dearer trend with a pen of Angus steer yearlings, but the balance of the steers showed cheaper trends of 4c to 7c with the heavy end declining up to 5c/kg. The lack of quality was a major influence in these price ranges. Heifer yearlings sold to cheaper tends of 12c/kg and the light and medium weights were also cheaper, again quality a factor.

Cows held firm for the better conditioned cows and re-stockers showed interest in drafts of light conditioned cows. These showed slightly dearer trends in places of 4c/kg. Increased bull numbers showed slightly cheaper trends

Inverell Market Report 16th January 2018

Cattle: Yarded 1880 up 845 from last week. Almost 65% of the yarding were females with many yearling heifers and a good supply of vealers and cows. Overall the quality was fair to good, while the condition varied enough to suit all buyers. The same buyers were in attendance with some of the export processors yet to make an appearance this year.

Market trends varied through the young cattle with quality and an increased supply factors. Restockers competed strongly for an improved quality penning of light and medium weight weaner steers with the market dearer, 25c/kg and more in places. The heifer portion to restock remained firm, while the vealers to the trade also experienced little change. Light and medium weight yearling steers to restock and feed saw little change on the best, while the rest sold to cheaper trends. Heavy feeder steers sold to a cheaper trend, up to 6c/kg, while a small number to restockers improved by a similar margin. There were cheaper trends through the yearling heifers to restock and feed with the increased supplies easing pressure on buyers’ ability to secure requirements.

The limited supply of well finished grown steers saw little but quality related price changes. That was also the case for well finished grown heifers. There was not a lot of change in the market for the plainer condition 2 score cows, while the 3 and 4 scores were slightly cheaper, in part, due to quality. Bulls sold to a cheaper trend for a yarding that saw a great variation in quality and weight.

Inverell Market Report 9th January 2018

Cattle: There were fewer numbers at the opening Inverell sale for 2018 to yard 1035. Yearling numbers reduced by 400 head, while all other categories were static on pre-Christmas numbers. Quality was mixed, but good lines of feeder cattle came forward and competition was strong with the usual feeder orders present. All but one processor was present and active. Vealers were in short supply and trends were cheaper. There were no steers last sale day and heifers were 10c to 12c/kg easier. Quality was poor early in the sale and yearling steers showed cheaper trends, however as the sale progressed quality improved to see steers show firm to dearer trend of 7c/kg the light feeders. Medium weight steers improved to sell 10c dearer and the heavy weights were 3c/kg better. Most steers filled feeder and restocker orders. Light heifers sold to slightly cheaper trends, medium weights sold 6c/kg easier to feeders and minimum numbers sold to the trade. There were no grown steers to quote, but heifers showed cheaper trends of 10c to 16c/kg. The best cows showed firm to slightly cheaper trends of 2c to 4c with the light end also 4c/kg back. Bulls were cheaper.

Sheep: Inverell penned 1,200 lambs and 1,700 grown sheep, including Dorper’s, 1,540 head less than last day. There was an overall reduction in price, however dry weather and quality were major factors in the decline. All the regular buyers were in attendance and operating.  Limited numbers and a decline in quality of young lambs resulted in cheaper prices for these categories. There were some very good pens of crop assisted lambs. This resulted in prices firm to slightly cheaper on last day. Heavy lambs showed cheaper trends of up to $10/head easier on pre-Christmas sales. Old trade lambs showed cheaper trends of up to $11/head. Restockers pushed first cross ewe hoggets to $160, while trade prices eased $10 to $15/head. Merino ewes showed cheaper trends, again quality being a factor. Both ewes and wethers showed cheaper prices of up to $12/head.

Inverell Market Report 12th December 2017

Cattle: There was a yarding of 1,782 head, which is an increase of 112 head. The yarding consisted mainly of young cattle, with yearling steers and heifers well supplied. Cattle were drawn from local areas, along with consignments from Western areas. There was also a fair penning of grown cattle. The quality of the young cattle was mixed with several runs of well-bred yearlings suitable for feeders and backgrounder, and most yearlings were in 2 and 3 score condition, although there were some plainer cattle through the sale.
Competition was generally stronger with feeder and re-stocker yearling steers selling 10c/kg dearer. Feeder steers sold to a top of 315c for an average of 296c, while light re-stockers topped at 376c/kg. Feeder and re-stocker yearling heifers were 10c to 15c dearer with feeder heifers averaging 280c/kg. Trade yearling heifers sold to 300c/kg.
The yarding of export cattle consisted of a fair penning of grown steers and heifers and several pens of cows. Quality of the cows was fair, however not up to last week’s standard. The few grown steers sold to 273c and heifers topped at 268c/kg. Despite the varying quality, cows were 5c to 10c dearer with 3 score medium weights averaged 216c and heavy cows sold to a top of 226c/kg.

Sheep: There was a yarding of 4,436 sheep, of which there was 2,352 lambs yarded. The yarding of lambs consisted of a good supply of trade weights and several pens of heavy and extra heavy lambs, there was also pens of light lambs through the sale. Quality of the lambs was good with some good runs of well finished lambs that were supplementary fed, along with lambs showing dryness in the skin. The light lambs went mainly to re-stockers. Competition remained strong with both processors and re-stocker competing strongly throughout the sale.
The yarding of mutton consisted of several large lines of ewes and wethers in good 3 score condition and carrying a good skin. Most of the mutton were medium weights, and there several lines of heavy weights offered in a strong market.

Inverell Market Report 5th Dec 2017

Cattle: Inverell increased their numbers to 1,670 head, 290 more than last weeks sale. With only one sale before the Christmas break, vendors are taking the benefit while the sales continue. It was a mixed quality yarding with an emphasis on yearling steers which doubled in volume. Vealer numbers were similar, yearling heifers less, grown cattle static and cows down by a third. All regular buyers attended and were active.  Vealers showed cheaper trends of 10c to 11c/kg. Feeder orders were still active, however, there was a correction in some market trends, bringing overall trends slightly cheaper for light weight and medium weight feeders of up 12 to 14c/kg. There were numbers of plainer quality cattle and these contributed to that trend. Bigger numbers of the steers were mostly consigned to the feeder pens. Yearling heifers showed general cheaper trends except for some lighter weight, better shaped heifers which were 7c to 9c/kg better.  There were some good quality grown steers penned and this resulted in a firm trend at the final bid. Grown heifers were firm. Cows sold to cheaper trends, particularly for the better D3 and D4 types which culminated in a drop of 11c/kg for the higher end. Some extra heavy cows, carrying a great deal of fat cover fell to beneath 100c/kg. Light cows sold to mostly firm trends. Bulls sold to mostly dearer trends, quality and yield playing a big part. Local sales Doak P’ship cows $2.192 c/kg 696kg $1527 * D & J Jones Hfr veilers $3.042 c/kg 189kg $574* J Stibbard store cows $2.00 435kg $870. Also a reminder that the last cattle and sheep sale for 2017 will be next week the 12th December and the first sale in 2018 will be the 9th January.


Inverell Market Report 28th Nov 2017

Cattle: Numbers reduced by 145 head to pen 1,380 mainly good quality cattle, including some plainer types. Yearling cattle showed the biggest reduction to be down by a third. The quality of the cows offered was very good with several stand-out drafts of high yielding cows. Not all buyers were present.  Vealer and weaner cattle showed cheaper trends of up to 16c/kg with some light re-stocker types selling firm, these changes being quality related. Demand was good for most re-stockers yearlings however both restockers and feeders were subject to price variations. Both steers and heifers sold to cheaper trends; steers eased from 7c to 17c and medium weight heifers from 11c to 15c/kg with the heavy heifers only slightly easier.  Both grown steers and heifers experienced a correction of 10c/kg. Heavy weight cows presented very well with some high yielding cows available. However, these categories also experienced price variations to be 3c/kg easier. The light end of the cow market also sold to cheaper trends of 8c to 10c/kg easier, these changes reflecting in the plainer quality cows. Bulls sold mostly to firm trends. Local sales K & M Goodman 270kg steers 339c/kg $915 and heifers 360kg 290c/kg $1044.

Sheep: In the sheep and lamb section 4200 were yarded 1000 more than 2 weeks ago. We saw trade lambs down $3 – $5 and heavy lambs up $5 and mutton stayed firm.

Inverll Market Report 21st Nov 2017

Cattle: Number reduced by 515 head and the penning consisting of mostly good quality cattle. There was a slight increase of vealers, although numbers of yearlings reduced by half. Grown cattle numbers also decreased and cows were down by a third. The regular processors were present and operating, along with the usual feeder orders.  Steer and heifer vealers sold to mostly firm trends, with the better types going to local butchers and the plainer drafts to various light feeder orders. Light weight feeder steers sold to mostly firm trends, while the bulk of the steers going into the medium weight class sold to dearer trends of up to 14c/kg. Similarly, the light weight yearling heifers sold firm, while the medium weights, again in the majority, sold to trends of 7c/kg dearer. The heavy end of the heifer yearlings sold to dearer trends of up to 14c/kg.  Limited numbers of grown steers sold to dearer trends of 12c with the heifer portion 11c/kg dearer. Light cows sold to slightly cheaper trends of 3c to 4c easier, while the heavy better finished cows were 5c/kg easier. This was generally quality related with a few pens of the heavy cows tending to carry extra fat cover. Bulls sold to slightly dearer trends.