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 6.16c this week to be 1,049.93c/kg cwt by Friday morning. It’s a 79.31c increase for the month and 151.30c higher than the same time last year.
The National Young Cattle Indicator (NYCI), which reflects national markets and online transactions, lifted this week, by 15.04c/kg to 564.66c/kg on Friday morning. It is up 44.72c on last month and up 91.40c on the same time last year.
The AuctionsPlus Young Cattle Indicator (AYCI) gained 20c this week to settle at 607c/kg lwt.
The National Feeder Steer Indicator eased slightly, down 3.39c on last week to be 550.00c/kg on Friday morning. It’s up 38.05c on last month and 69.04c higher than the same time last year.
The National Feeder Heifer Indicator (NFHI), which offers a dedicated lens into the feeder heifer market, rose and was sitting at 497.71c/kg on Friday morning. It’s up 8.77c on last week and 33.06c on last month.
The Processor Cow Indicator was 410.97c/kg on Friday morning, up 0.65c on last week and up 17.79c for the month. The top three contributors to this indicator were Wagga, Dubbo and Roma.
Let’s turn to the sheep and lamb markets.
The AuctionsPlus Restocker Lamb Indicator (ARLI) eased 10c to settle at 1,379c/kg cwt.
The National Trade Lamb Indicator held steady over the week, easing just 0.70c to be 1,168.92c/kg cwt on Friday morning. It’s up 15.13c on last month and 21.43c higher than the same time last year.
The Light Lamb Indicator gained 52.77c this week to be 1,152.65c on Friday morning, which was 54.47c up on last month and 98.94c up on the same time last year.
The National Mutton Indicator eased 3.00c over the week to be 865.98c/kg cwt on Friday morning. It’s up 34.09c on last month and 132.75c higher than the same time last year.