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) lifted this week. It was sitting at 881.77c/kg cwt on Friday morning, an increase of 23.75c for the week, 40.13c for the month and 236.25c on last year.
The National Young Cattle Indicator (NYCI) also lifted this week, by 21.13c/kg to 484.99c/kg on Friday morning. It is up 21.13c on last year and 143.96c 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 429.21c/kg on Friday morning. It’s 12.74c up on last week.
The Processor Cow Indicator was 375.5c/kg on Friday morning, up 9.09c on last week. The top three contributors to this indicator were Wagga, Roma Store and Dubbo.
For those keeping an eye on the broader market shifts, there’s plenty more on the new APlus News homepage. Check it out.
Let’s turn to the sheep and lamb markets.
The AuctionsPlus Restocker Lamb Indicator (ARLI) lifted 13.84c to 1,360c/kg DW, a new peak for the indicator.
The Light Lamb Indicator fell 32.47c to be 1,062.81c on Friday morning, which was 23.67c back on last month and 312.93 up on last year.
Meanwhile the Heavy Lamb Indicator dropped 3.42c over the past week to be sitting at 1,095.39c/kg cwt.