Market Report 22 October 2024

Cattle - 1105
Inverell penned 1105 mixed quality cattle same as last sale. A major cow buyer was absent with their plant closed for maintenance while a long absent cow operator returned. This combination did not enhance the cow market nor did the general trend improve through the yearling results. Light yearling steers to background were back 30c/kg 240c to 402c/kg and light feeders were substantially cheaper. Medium feeders affected a minor loss 310c to 366c/kg while heavy feeders sold to firm trends. Light background heifers lost 5c/kg and medium heifers to feed on were back up to 45c/kg to top at 296c/kg with a lack in quality a major factor. Heavy feeders dropped 18c/kg conversely heavy processor yearling heifers gained 21c/kg selling 278c to 308c/kg. Medium weight cows sold to a marginally dearer trend 254c to 254c/kg. Heavy cows sold to a minimal loss 260c to 272c/kg. Heavy bulls sold to cheaper trends of 3c to 7c/kg and topped at 288c/kg.

Sheep

Yarding – 4320 Lambs – 2148 Sheep – 2172

Inverell penned 2148 lambs and 2172 grown sheep an increase of 2270 head to 4320 in total. It was a good offering of lambs with dearer trends through the medium and heavy drafts. Sheep were generally dearer. The regular buyers attended along side a QLD operator and the return of a major player after maintenance at their plant.  New season lambs sold to $215/head. Trade lambs up to $12/head better and made to $187/head. Trade Dorpers sold to a cheaper trend $140 to $147/head. The heavier drafts were $39/head dearer $220 to $235/head. Dorper lambs 26kgs to 30kgs cwt gained $20/head similar cross bred lambs $16 better selling $219 to $238/head. Lambs in excess of 30kgs cwt up to $47/head dearer reaching $262/head. Heavy hoggets sold to $120/head.  A line of young Merino wethers sold to $67/head and the ewe portion made $49/head both to the paddock. Medium cross bred ewes $14/head dearer  $67 to $80/head. Heavy Merinos were $8/head better and a line of Merino wethers sold $95 to $100/head to process.