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 825.39c/kg cwt on Friday morning, a decrease of 11.68c for the week, back 64.11c from a month ago and up 197.52c on last year.
The National Young Cattle Indicator (NYCI) also slipped slightly, by 7.29c/kg to 432.28c/kg on Friday morning. It is 34.48c back on the previous month and is up 105c 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 400.28c/kg on Friday morning. It’s 5.04c down on last week, and 23.21c back on the previous month.
The Processor Cow Indicator was 360.89c/kg on Friday morning, down 0.72c on last week and 18.55c on the previous month. The top three contributors to this indicator were Wagga, Charters Towers and Dubbo.
For those keeping an eye on the broader market shifts, there’s plenty more on the new APlus News homepage.
Let’s turn to the sheep and lamb markets.
The Online Sheep Indicator (OSI) fell to $222/head, which was $17/head lower than last week, and $33/head lower than a month ago.
The Light Lamb Indicator lifted 12.04c to be 985.02c on Friday morning, which was 82.88c down on last month.
Meanwhile the Heavy Lamb Indicator fell 2.25c over the past week and is 88.07c lower than the previous month to be sitting at 1,054.11c/kg cwt.