INDICATORS: Upward movement for young cattle and light lambs

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 854.38c/kg cwt on Friday morning, an increase of 12.73c for the week, and up 200.72c on last year.

The National Young Cattle Indicator (NYCI) also lifted this week, rising to 455.77c/kg on Friday morning. It is up 110.86c 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 409.80c/kg on Friday morning. It’s down 3c on last week.

The Processor Cow Indicator was 357.9c/kg on Friday morning, down 2.7c on last week. The top three contributors to this indicator were Roma Store, 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 $210.59/head, which was $4.97/head softer than last week, and $111.82/head greater than a year ago.

The Light Lamb Indicator softened by 8.09c over the past week, to be 1,078.39c on Friday morning, which was 419.19c up on last year. The top contributors were Forbes, CTLX Carcoar and Wagga.

Meanwhile the Heavy Lamb Indicator lifted 19.80c over the past week to be sitting at 1,086.24c/kg cwt.