Livestock

Inverell Market Report 15th August 2017

Cattle: 400 less cattle were penned and vendors opted to hold stock back to put more weight on their product, in the hope that current prices will improve. There were few weaner cattle penned, good numbers of yearling cattle and a reduced penning of grown cattle and cows. All the regular processors were in attendance along with a good representation of feedlotters and restockers, particularly for the yearling cattle. Despite the competition, the trend was cheaper for most categories.

Yearlings best suited to feed dominated supply with the better quality lighter C3 steers being firm to slightly cheaper, while other grades were up to 10c/kg cheaper. All categories of heifers showed cheaper trends of up to 12c/kg. Restockers were active in purchasing the lighter end of steers and heifers.

A reduced penning of heavy weight steers and heifers also resulted in cheaper trends. There were a few heavier steers suitable to feed, these trended firm. The heifer portion showed cheaper trends of 10c/kg. Again, there was a light yarding of cows, these also cheaper by up to 8c/kg for the heavier end. Bulls were also cheaper.

Inverell Market Report 8th August 2017

Cattle: There was a reduction in numbers with the rain a likely factor. Young cattle and cows made up the bulk of the offering, although there were very few weaners. Grown heifers were in reasonable numbers, and there was only a limited supply of grown steers. Demand was weaker throughout with most of the regular buyers in attendance.
Feedlot competition was weaker with large numbers available throughout the system and some feedlots not quoting. The recent rain, while welcome did little to clear that supply at this stage. Heifer weaners sold to a cheaper trend of as much as 8c/kg. The light and medium weight yearling steers to restock and feed saw a cheaper trend of 10c to 12c/kg. Heavy yearling feeder steers were much cheaper with quality a factor in price change. Of the young cattle the yearling heifers to restock and feed were least affected, market trends were still cheaper however not as great as those in the steers.
There was limited demand from processors for the well finished grown steers and heifers. This resulted in cheaper trends. The cow market held up reasonably well with the better 3 and 4 score heavy weights only 1c or 2c/kg cheaper. Local sales; Doak Partnership heifers $3.00/kg 305kg $1005.

Sheep: There was quite a reduction in the overall numbers with lambs down by 1,000 head and sheep reducing by two thirds. Heavy weight lambs were well supplied with condition mostly good. Overall however, the quality of the offering was mixed with a fair percentage of secondary quality and plainer condition lots penned. The usual buyers were in attendance.
Once again there was little in the way of re-stocker competition on anything other than some light weight Merino lambs. Market trends varied with the secondary quality and well finished trade weights selling to a cheaper trend, back by $12/head and more in places.
Well finished heavy weight lambs sold to a slightly dearer trend for the heaviest weight classes. The lighter end of the heavy weights sold to a cheaper trend.
The reduced supply of sheep attracted strong competition to show a significantly dearer trend through all weight and fat classes. Local sales Anthony & Gary Harper wethers $96

Inverell Market Report 1st August 2017

Cattle: Numbers were similar at 1,327 head and consisted of mixed quality cattle of fair to good quality. There was a limited penning of weaners, more than 1,000 head of yearling cattle, a reduced number of 130 cows however there were not enough grown steers, heifers or manufacturing steers to allow a reliable quote. Weaners and vealers sold to a cheaper trend, back 18c/kg, while the better-bred yearling steers were firm. The plainer steers and the heifer portion were 15c to 18c/kg cheaper. The heavy 3 and 4 score cows sold to a cheaper trend, back 18c/kg while bulls were firm to slightly cheaper. WRM thinks that due to the large number of weaners and yearlings available today, there may be some oat crops etc being fed down or finished for a while.

 

Inverell Market Report 25th July 2017

Cattle: An increase of 400 head brought a penning of 1,300 mixed quality cattle. There were few vealers, but an increased yarding of 470 yearling steers and heifers, as well as 160 cows came forward. There were only 68 grown steers and heifers penned along with 43 bulls. Quite a few cattle came off crop along with a good run of heifer vealers straight off the cows. The usual buyers were present and operating with reduced prices.
There was a general cheaper trend on all classes, weaner steers particularly, but less numbers were a big factor. The heifer portion was firm to slightly cheaper. Both steer and heifer yearlings also cheaper.
Heavy cows maintained last sale prices, there was almost no re-stocker interest in light cows. Bulls showed a dearer trend.

Sheep: It was an increased penning of 4,330 lambs and 1,700 grown sheep, up by 300 head on a fortnight ago. There was a good supply of well finished trade, heavy and extra heavy lambs on offer, with all the usual processors present. There was no re-stocker activity.
All lambs showed a cheaper trend with the heavy end easing $10 from two weeks ago and trades were back by $10 to $12/head. Grown sheep were in short supply, but they too, were cheaper. Local sales: J & A Doak 46kg xb lambs $129 and the store lamb portion $92.

Inverell Market Report 18th July 2017

Cattle: There was a yarding of 791 head which was down by 360 head on last week. The main reduction in the yarding was in the young cattle section, while cow numbers remained steady. The offering of young cattle consisted of several pens of vealers and a good supply of yearlings. Quality was fairly good with the largest percentage of cattle off crop. There were also several pens of well-bred cattle suitable for restockers and feeders. The market improved with restocker weaner steers making to a top of 379c, while trade vealer heifers sold to 318c/kg. Feeder and restocker yearling steers were up by 3c to 10c with feeder steers selling to a top of 350c to average 339c, while light well-bred restocker steers sold to 372c/kg. The offering of well finished 3 score yearling heifers sold firm to a dearer trend and made up to 336c/kg. Feeder heifers gained 10c and sold up to 301c/kg. The yarding of export cattle consisted mainly of cows, along with a few pens of grown steers and heifers. Grown steers sold to a top of 280c and heifers to 271c/kg. The cow market saw medium weight 3 score cows sell 4c dearer to average 214c, while heavy 4 score cows held firm to top at 229c/kg. Heavy bulls continued to sell on a strong market to top at 295c/kg.

Inverell Market Report 11th July 2017

Cattle: There were a few more cattle yarded this week for a total of 1,156 head. The yarding consisted of a good supply of yearlings and a few pens of vealers with cows dominating the grown cattle section. Quality of the young cattle was fairly good with mainly crop finished cattle penned, however there were a few plainer grade cattle through the sale. There were also several runs of well bred cattle offered that were suitable for feeders and backgrounders.
The market was easier for all classes of cattle with re-stocker vealer steers selling to a top of 372c and the heifers sold to 303c, while trade vealers sold to 300/kg. Feeder steers were down by 10c to 15c to average 330c and re-stocker steers sold to 359c/kg. Feeder heifers lost 20c and more in places selling to a top of 286c, while the few trade yearling heifers sold to 320c/kg.
The yarding of export cattle was made up mainly of cows, along with an odd pen of grown steers and heifers. Grown steers topped at 285c and heifers sold to 268c/kg. The cow market also experienced a decline, despite the good quality offering with most cows crop finished. Most sales were back by 6c to 8c with 3 score cows averaging 210c and heavy 4 score cows over 520kg sold to a top of 227c/kg. Bulls continued to meet strong demand and sold to a top of 305c/kg.

Sheep: There was a larger yarding of 5,782 sheep, including 3,660 lambs. The yarding of lambs consisted of a good supply of trade weights and heavy and extra heavy lambs were also in good numbers. Quality was good with a large percentage of lambs off crop. Competition remained strong with most lambs selling unchanged. There were some light weight lambs that went to restockers at slightly easier prices.
The yarding of mutton was made up of several consignments of medium weight ewes and wethers carrying a good skin. The market eased for most mutton, despite the line-up of good quality sheep.

Inverell Market Report 4th July 2017

Cattle: Numbers increased for a yarding of 1,052 head. The yarding consisted of a good supply of young cattle and cows were well represented. The yarding of young cattle was made up of some vealers and weaners, along with some good runs of well-bred yearling steers and heifers suitable for feeders. Quality was fairly good with most cattle coming off crop.
Competition was strong with re-stocker vealer steers selling to a top of 389c and their heifer portion sold to a top of 331c/kg. The good quality offering of yearling steers met keen feeder interest resulting in a price rise of up to 10c for an average of 346c and a top price of 360c/kg for well-bred steers. The yarding of yearling heifers saw feeders sell to a top of 319c and trade yearling heifers sold to 344c/kg.
The yarding of export cattle consisted mainly of cows with only a few steers and heifers through the sale. The yarding of cows consisted of several runs of heavy high yielding cows and they were mainly crop finished. Medium and heavy weights sold from 220c to 229c/kg. Bulls continued to meet very strong competition with heavy weights selling to a top of 306c/kg.

Inverell Market Report 27th June 2017

Cattle: The number of cattle yarded eased by 355 for a total of 705 head. The yarding consisted of a good supply of young cattle, however grown cattle numbers were down. The penning of young cattle consisted of a few more vealers and weaners, along with a good supply of yearlings. Quality of the young cattle was fairly good with some good runs of well finished and well-bred steers and heifers through the sale.
The market was variable, although good quality and well-bred cattle continued to meet keen demand. Re-stocker vealer steers were slightly easier selling to a top of 392c, while the heifer portion sold to a top of 364c/kg for light weights under 200 kg. Feeder and re-stocker yearling steers sold firm, from 300c to 365c/kg for feeder steers. Feeder and re-stocker yearling heifers varied in prices, depending on breed and weight, reaching a top price of 344c/kg. The few trade heifers topped at 325c/kg.
The yarding of export cattle saw numbers well down, especially cows, with quality and numbers well down on previous sales. Grown steers sold to a top of 289c and heifers to 276c/kg. Heavy cows sold to a top of 228c, while 3 score cows averaged 220c/kg. The bull market was very strong with the top heavy bull selling to 304.2c/kg. Local sales: P & M Gregory Hfr 395kg 325c/kg $1283 * Jim Williamson store condition Fresian steers 255kg 262c/kg $671 also had a young calf 170kg 375c/kg $640

Sheep: There was a larger yarding of 4,821 sheep, of which there was a penning of 3,416 lambs. The generally good quality offering of lambs consisted of a good supply of trade lambs with several runs of heavy lambs, Dorper lambs were also well supplied. The market was easier with most lambs selling $10 to $15 per head cheaper.The yarding of mutton was made up mainly of medium weights, along with a few pens of heavy ewes and wethers. Some lines were carrying a good skin. The market also eased for mutton with sales ranging from $15 to $20 per head cheaper. Local sales: J & C Hyatt 41kg lambs $115 and aged ewes $95.

Inverell market Report 20th June 2017

Cattle: The yarding totaled 1,060 head this week, an increase of 420 on last week. Yearlings made up a large percentage of the yarding and cows were well supplied. The yarding of young cattle consisted mainly of yearlings, along with a small penning of vealers. Quality was good with most cattle off crop, and there were also some good runs of well-bred cattle offered, that were suitable for feeders and re-stockers.
The market varied with feeder and re-stocker yearling steers selling 10c dearer, while feeder steers sold to 364c, to average 342c and re-stockers topped at 395c/kg. Yearling heifers were down by 10c, selling to 324c for feeders and up to 338c/kg for trade heifers. Re-stocker vealers steers sold up to 417c for well-bred steers and up to 351c/kg for the heifer portion.
The yarding of export cattle was made up mainly of cows with insufficient numbers of steers for a quote, while there were a few pens of heifers. Grown heifers sold to a top of 270c/kg. The cow market varied with heavy weights down by 10c to 15c, while medium weight cows were 6c/kg cheaper. Medium weight 3 score cows averaged 213c, while heavy cows sold to a top of 225c/kg. Local sales: J & C Hyatt steers 365kg 350.2 c/kg $1278.

Inverell Market Report 13th June 2017

Cattle :The number of cattle yarded more than halved for a total of 640 head. Yearlings and cows made up the largest percentage of the yarding. The yarding of young cattle consisted mainly of light and medium weight yearlings, although there were also several pens of heavy cattle. There was a smaller penning of vealers. Quality of the young cattle was mixed, although there were some well-bred steers and heifers through the sale.
The market varied, although the better-bred cattle continued to sell at recent strong prices. Re-stocker vealer heifers sold to a top of 348c/kg. Re-stocker yearling steers were up to 20c/kg cheaper, however lack of quality in some pens had some effect on average prices. Light weight re-stocker yearling steers sold to a top of 369c, however feeder steers saw little change to average 333c/kg. The odd trade yearling heifer sold to a top of 329c/kg. Feeder and re-stocker yearling heifers were 4c to 7c dearer ranging from 310c to 339c/kg.The yarding of export cattle consisted mainly of cows, along with a few pens of grown heifers, and insufficient numbers of grown steers for a quote. Grown heifers sold up to 281c/kg. The cow market saw some variations, with medium weights selling 10c cheaper, some sales more, with 3 score cows averaging 219c, while heavy cows held firm selling to a top of 237c/kg.

Sheep: There was a yarding of 4,148 sheep, of which there was a penning of 2,800 lambs. Quality of the lambs was good, although there were a few pens of light store lambs offered. There were some good runs of well finished trade and heavy lambs through the sale, with some crop finished. Competition was strong, although the market was firm to slightly easier for some lambs. The yarding of mutton consisted of increased numbers of well finished ewes and wethers, with several lots carrying a good skin. The market was stronger, although there were increased numbers of suitable sheep offered this week.