Market Report 11 July 2023

Cattle– 574

Inverell numbers reduced by 306 head to offer 574 very mixed cattle. Not all exporters attended and saw the heavy cow market slip while yearling cattle sold to varying trends dependant on quality. It was a good penning of weaners despite lower numbers. The steer portion firm to slightly cheaper and the heifers to a dearer trend selling to 288c/kg both categories to restockers. A correction in quality resulted in lightweight feeder steers selling to cheaper trends however restocker competition pushed that category out to average 334c/kg. Heavy feeders sold to 316c/kg. Processor heifers sold up to 308c/kg while light feeder heifers responded to a dearer trend 192c to 302c/kg. Heavy heifers to feed sold to a firm trend to make 262c/kg.  No grown steers or heifers for a reliable quote. Medium two score cows were dearer to average 170c/kg while the heavy cows sold to marginally cheaper trends 198c to 226c/kg. Two major buyers pushed the  bull market to dearer trends with heavy bulls 228c to 250c/kg.