INDICATORS: Cattle indicators tumble and sheep markets have mixed results

It’s that time of the week when we check in on some key indicators of performance in the livestock markets.

The Eastern States Young Cattle Indicator (EYCI) fell this week. It was sitting at 872.08c/kg cwt on Friday morning, a decrease of 22c for the week and up 9c from a month ago.

Likewise, the National Young Cattle Indicator (NYCI) also fell in the past week, by 15c/kg to 472c/kg on Friday morning. It is up 16c on the previous month and 126c on the same time last year.

The National Feeder Heifer Indicator (NFHI), which offers a dedicated lens into the feeder heifer market, was sitting at 421c/kg on Friday morning. It’s 15c down on last week, and 7c on the previous month.

The Processor Cow Indicator also fell over the past week by 4c, and was 389c/kg on Friday morning. The top three contributors to this indicator were Roma Store, Wagga and Gunnedah.

Now, let’s turn to the sheep and lamb markets.

The Online Sheep Indicator (OSI) lifted to $307/head, which was $37/head higher than last week, and $60/head higher than a month ago.

The AuctionsPlus Restocker Lamb Indicator (ARLI) held steady at $203/head, or 503c/kg LW and 1,154 c/kg DW, maintaining its upward momentum.

The Light Lamb Indicator fell 22c to be 1,024c on Friday morning, which was 22c lower than last month.

The Restocker Lamb Indicator fell 8c to be sitting at 1,097c, which is also 18c back on a month ago and 389c up on this time last year.

The Heavy Lamb Indicator dropped 26c this week to be 1,082c. This is 58c/kg back on a month ago.