INDICATORS: Light lambs and feeder heifers lift
It’s that time of the week when we check in on some key indicators of performance in the livestock markets.
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 841.65c/kg cwt on Friday morning, a decrease of 1.06c for the week, and up 205.39c on last year.
The National Young Cattle Indicator (NYCI) held steady this week, remaining at 452.89c/kg on Friday morning. It is up 110.66c 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 412.99c/kg on Friday morning. It’s 10.11c up on last week.
The Processor Cow Indicator was 361.38c/kg on Friday morning, down 4.45c on last week. The top three contributors to this indicator were Dubbo, Wagga and Dalby.
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) eased to $216/head, which was $11/head softer than last week, and $90/head greater than a year ago.
The Light Lamb Indicator lifted 5.03c to be 1,089.67c on Friday morning, which was 413.71 up on last year.
Meanwhile the Heavy Lamb Indicator slipped 28.82c over the past week to be sitting at 1,067.30c/kg cwt.
It’s that time of the week when we check in on some key indicators of performance in the livestock markets.
The AuctionsPlus commercial sheep and lamb market held up well in the week ending Wednesday February 4, with the standout performances coming...