INDICATORS: EYCI and NYCI lift again

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 to 1,020.71c/kg cwt by Friday morning, an increase of 4.54c for the week and and increase of 45.41c for the month. It’s 293.98c higher than the same time last year.

The National Young Cattle Indicator (NYCI), which reflects national markets and online transactions, lifted this week, by 6.72c/kg to 533.50c/kg on Friday morning. It is up 16.46c on last month and up 149.41c on the same time last year.

The National Feeder Heifer Indicator (NFHI), which offers a dedicated lens into the feeder heifer market, fell and was sitting at 499.24c/kg on Friday morning. It’s down 3.68c on last week.

The Processor Cow Indicator was 376.81c/kg on Friday morning, down 2.15c on last week and down 5.99c for the month. The top three contributors to this indicator were Roma, Dalby and Casino. 

Let’s turn to the sheep and lamb markets.

In the past week the AuctionsPlus Restocker Lamb Indicator (ARLI) fell 66c to be 1578c/kg dressed weight. 

The Light Lamb Indicator fell 4.85c this week to be 1,178.10c on Friday morning, which was 45.85c up on last month and 200.31 up on last year.

The Heavy Lamb Indicator shot up by 33.07c over the past week to be sitting at 1,167.82c/kg cwt. That represents an increase of 40.08c over the past month and 33.23c on the same time last year.