Market Report 16 July 2024

Cattle - 1004

Inverell penned 1004 good quality cattle with a larger offering of cows available. Trends improved throughout particularly with the cow category which saw a very marked improvement to top at 312c/kg.   Steers to background gained 13c/kg and steers under 330kgs also to backgrounders competition sold to 11c/kg better. Medium weight steers to feed on were significantly dearer gaining 28c/kg. Heavy yearling steers to feed to a positive trend 328c to 336/kg. Light background heifers lost 8c/kg due to a quality correction however similar weight feeders were up to 20c/kg dearer ranging 270c to 296c/kg. Medium feeders were 13c/kg back. The same weight heifers to process made 335/kg.  Heavy grown steers for processing rose 6c/kg and topped at 320c/kg with similar heifers also dearer 206c to 294c/kg. The cow market dearer medium cows 175c to 274c/kg. Heavy three and four score cows exceptionally dearer 280c to 312c/kg. Bulls sold to dearer trends topping at 272c/kg. 

Sheep

Yarding – 2159 Lambs –  1122      Sheep – 1037

Inverell penned 1122 lambs and 1037 grown sheep the total being back 1145 less than a fortnight ago. It was a very good offering of heavy lambs with the regular processors on hand. Restockers were very competitive against processors to secure product. Trends were much improved for sheep and lambs throughout the sale.  Light crossbred lambs to the paddock $140/head to be significantly dearer. Competition for the heavier drafts was equally good $152 to $180/head. Dorper trade lambs lifted $26/head and the crossbred category firm to slightly dearer $180 to $210/head. Lambs up to 30kg cwt were considerably dearer reaching $225/head with similar weight Dorpers reaching the same result. Lambs in excess of 30kgs cwt were substantially dearer $231 to $255/head. Heavy hoggets reached $130/head.  Grown sheep were dearer. Light ewes lifted $7/head $80 to $90/head while medium weights made $80 to $120/head. Heavy cross bred ewes were up to $28/head dearer and Merino ewes with long skin lifted $22/head. Heavy cross bred wethers $150/head and meat rams to $15/head.