INDICATORS: Cattle markets continue upward trajectory

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) gained a further 30.15c this week to be 1,002.84c/kg cwt by Friday morning. It was the fourth week of increases and a 92.13c increase for the month. It’s 104.78c higher than the same time last year.

The National Young Cattle Indicator (NYCI), which reflects national markets and online transactions, lifted this week, by 14.08c/kg to 514.00c/kg on Friday morning. It is up 38.43c on last month and up 46.38c on the same time last year.

The National Feeder Heifer Indicator (NFHI), which offers a dedicated lens into the feeder heifer market, lifted and was sitting at 485.70c/kg on Friday morning. It’s up 16.77c on last week and up 26.90c on last month.

The Processor Cow Indicator was 389.91c/kg on Friday morning, up 8.68c on last week and 24.07c for the month. The top three contributors to this indicator were Roma, Dalby and Dubbo. 

Let’s turn to the sheep and lamb markets.

The AuctionsPlus Restocker Lamb Indicator (ARLI) lifted 76c to close at 1,484c/kg cwt this week.

The Light Lamb Indicator gained 35.95c this week to be 1,092.22c on Friday morning, which was 50.56c up on last month and 49.39c up on last year.

The Heavy Lamb Indicator lifted by 23.98c over the past week to be sitting at 1,145.79c/kg cwt. That represents an increase of 14.30c over the past month and it's 13.24c lower than the same time last year.