Inverell Market Report 12th March 2019

CATTLE: There was a huge decrease in the number of cattle yarded at Inverell this week, totalling 1,460 head, a reduction of 2,400 head. The largest reduction was in the young cattle, with a few less cows. The yarding of young cattle consisted of a few pens of vealers and weaners, while yearling cattle were in fair numbers, with heifers in greater numbers. Quality was very mixed, with only an odd pen of cattle suitable for the trade, as the remainder of the vealers and yearlings went to backgrounders and feeder buyers.

The market varied with re-stocker weaner steers selling 8c cheaper, topping at 182c, while trade vealer heifers eased by 20c, reaching 158c/kg. Re-stocker and feeder yearling steers lost ground to be 10c to 20c cheaper, selling from 82c to 220c/kg. However, yearling heifers sold to a dearer trend, making from 87c to 181c, while trade heifers topped at 162c/kg.

The yarding of export cattle comprised mainly cows, with large numbers being sold off again this week. The largest percentage were showing the effects of the dry weather, falling into the 1 and 2 score fat categories, however there were some consignments of 3 and 4 score cows through the sale. Prices varied from 16c to 30c cheaper, with light 1 and 2 scores making from 68c to 120c, as the medium weight 2 scores averaged 119c, while 3 score medium weights averaged 146c, and heavy cows sold to a top of 180c/kg. The best of the heavy bulls made 209c/kg.


Inverell Livestock Report 5th March 2019

Cattle: Numbers increased by 1,000 head to yard 3889 and to create a new yarding level. Cows dominated, with 50% of the penning, as large numbers of young cattle came forward. Quality overall eased, in keeping with the season, although there were some very good pens of cows. Feeders were active, putting cows of varying condition onto feed. Feeder competition was also busy, with purchases of young cattle. However, competition overall was lacking, and the regular buying panel saw cheaper trends throughout all grades. Weaners to restock saw much cheaper trends for both steers and heifers. Yearling steers to feed also saw substantial decreases, anywhere from 15c to 40c for re-stockers and 30c/kg for feeders. Heifers fared much the same, with prices easing 25c to 55c/kg for feeders and re-stockers. Plenty of plainer conditioned cattle made under 100c/kg. Trade vealers made to 181c/kg. There were not enough grown steers or heifers for reliable quotes. There was good interest to put cows on feed, making from 30c to 140c/kg, encompassing various weights. Light cows to process saw prices ease 20c, with D3 and D4 cows easing 19c/kg. A large bull penning saw a rise of 12c for the better bulls, with feeders paying from 210c to 228c/kg for the better feeder bulls.

Sheep: Numbers reduced by 1,000 head, primarily from the lamb penning, with grown sheep similar to yard 5447 in total. There were no heavy lambs to speak of, although one heavy pen made to $180/head. Trade and light lambs made up the numbers to see a mainly cheaper trend emerge. Heavy sheep consisted mainly of crossbred and Dorper ewes, with light Merinos making up the balance of the grown sheep. The regular panel of buyers was present and operating. Light and trade lambs made up the bulk of the numbers, with the lighter drafts seeing cheaper trends of $10/head. Trade lambs also sold to cheaper trends of $8 to $10, with the medium weight lambs going $10 to $15/head cheaper. Plain conditioned hoggets made to $92/head. Light ewes saw cheaper trends of $10, with medium weights cheaper by $20/head. Heavy crossbred sheep made to $100/head, with heavy sheep seeing a very minimum offering. A pen of heavy crossbred wethers made to $110/head.


Inverell Market Report 26th February 2019

Cattle: Numbers yarded today totalled 2891 with an increase in yearlings and a reduction in cow numbers. The yarding for the most part remained plain in condition and quality, except for a limited number of trade milk calves sold in one pen, their dams in another. All the regular buyers were present to compete in a primarily cheaper market. With one exception of a show steer purchase reaching 360c, weaners saw cheaper trends of 17c, with re-stockers adjusting their prices by 13c to 16c/kg. Quality related price changes saw light yearling steers sell to cheaper trends to re-stockers, while medium weight steers sold to cheaper trends of 18c/kg. Heavy feeders saw dearer trends of 13c/kg, with a lift in quality and condition the factor. There were drafts of light, plain quality steers that made from 98c to 102c/kg. Light heifers to feed saw decreases of 16c/kg. Better quality medium weight heifers experienced dearer trends. Again, there were no numbers of grown steers and heifers to quote. Re-stocker interest in light 1 score cows was competitive, seeing prices rise to 6c/kg. Light trade cows also saw dearer trends up to 18c/kg. Conversely, medium weight cows saw slightly cheaper trends of 4c/kg. Heavy cows saw some price corrections of 6c, with the best B4 cows reaching 219c/kg. Another heavy bull penning saw a rise in that market of 25c/kg for the heavy bulls.

Next Cattle and sheep sale 5th March.


Inverell Livestock Market Report 19th February 2019

Cattle: Slightly less numbers yarding 2633, cows dominating the offering with 60% of the penning. Many vendors looking to downsize herds, with no apparent improvement in climatic conditions in the short term. Leading on from this, there was extra feeder and re-stocker interest on the lighter end, with processors putting cows away to secure product later down the track. Local re-stockers also looking to purchase at current values on the chance of a break in the weather. The regular panel of processors were present and active. Well-bred weaners saw dearer trends of 20c/kg, with light re-stocker heifers also dearer, seeing sales back to the paddock. Yearling steers saw cheaper trends of 7c/kg; however, medium weight steers were slightly dearer to feed. Quality related changes saw heifers sell to cheaper trends of up to 30c/kg. There were significant downward trends for medium weight heifers, again quality related. No numbers of grown steers and heifers for a reliable quote. Larger cow numbers saw cheaper trends throughout most grades. There was extra interest in cows to feed and restock, although some drafts of 1 score cows saw values of under the 100c/kg mark. Most of the lighter cows were 20c to 40c/kg back, with the better, heavy drafts only 6c/kg back. The very top of the cows sold to firm trends of 215c/kg. A large penning of bulls saw prices of 150c to 227c/kg.

 Sheep: Numbers increased by 2,171, consisting of 2,816 lambs and 3,640 grown sheep. Lamb quality improved, with numbers of good trade lambs and a limited number of heavy lambs. There were larger numbers of light grown sheep offered, with some good lines of re-stocker young Merinos, as well as first cross ewes. All the regular buyers attended.  Very limited supply of young lambs sold to dearer trends, with no comparison on the sale two weeks ago. Light lambs to the trade saw firm trends from last sale. Trade lambs saw average dearer trends of $3, while heavy trades also sold to dearer trends of $9/head. Heavy lambs sold to $180 and hoggets reached $130/head.  Large numbers saw light ewes sell to cheaper trends of $11/head. Re-stocker were competitive on younger first cross ewes to $130 and competition for young Merino wethers reached $132/head. Heavy crossbred wethers sold to $150/head.



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.