Market Report 30 July 2024

Cattle - 1100

Inverell penned 1100 mostly good quality cattle to a market resulting in mixed trends with quality corrections through some categories. All the regular buyers attended with strong interest for drafts of background cattle.  Weaner steers considerably dearer as were the heifers which lifted 19c/kg and both categories going to restockers. Light yearling steers to 28c/kg better 330c to 400c/kg to backgrounders. Heavier drafts to feed on were 11c/kg cheaper however similar weights to background were dearer 374c to 426c/kg. Medium weight steers lost ground to be 13c/kg back. Heavy yearling steers to feed gained 28c/kg making to 355c/kg. Light heifers to background were significantly dearer 298c to 326c/kg and similar weights to feed on much dearer selling to 324c/kg. Medium weight feeder heifers sold to 351c/kg and were considerably dearer. Similar weight heifers to the trade declined 6c/kg to sell to 338c/kg.  Heavy grown steers were dearer 324c to 360c/kg the heifer counterparts to 20c/kg better. Medium cows were firm. A large offering of heavy cows were only slightly cheaper 293c to 319/kg. Heavy bulls gained 13c/kg and ranged 250c to 278c/kg. 

Sheep

Yarding –  3168 Lambs – 1716 Sheep – 1452

Inverell penned 1716 lambs and 1452 grown sheep an extra 1009 head in total. It was a very good lamb offering with good drafts of mid weight lambs. The regular buyers attended for a firm to dearer market.  Trade weight restocking lambs sold to a cheaper trend with processors edging restockers out and they found it hard to get a start. The market for those lambs before restockers ceased their competition $142 to $174/head. Trade lambs were solid $142 to $174. Heavy trades to $12/head better. Heavy lambs gained $14/head and the Dorper drafts slightly dearer $135 to $182/head. Lambs in excess of 30kgs cwt slightly cheaper  selling to $250/head. Dorper hoggets $125/head and cross breds made $120/head.  Sheep sold to a mostly cheaper market. Light cross bred ewes $34 to $62/head and medium weights $70 to $96/head. Cross bred ewes were $4/head better and the heavy ewes to $14/head cheaper $55 to $90/head. A pen of Merino wethers made $70/head and meat rams sold to $20/head.