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) eased slightly this week. It was sitting at 896.65c/kg cwt on Friday morning, a fall of 1.41c for the week, up 43.32c from a month ago and up 228.47c on last year.
The National Young Cattle Indicator (NYCI) lifted by 0.62c/kg to 468.23c/kg on Friday morning. It has lifted 14.00c on the previous month and is up 115.42c on the same time last year.
The National Feeder Heifer Indicator (NFHI), which offers a dedicated lens into the feeder heifer market, continued its climb, sitting at 444.04c/kg on Friday morning. It’s 7.65c up on last week, and 30.42c up on the previous month.
The Processor Cow Indicator also lifted to be 379.17c/kg on Friday morning, up 11.06c on last week and 23.66c on the previous month. The top three contributors to this indicator were Roma Store, Charters Towers and Dalby.
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In the sheep market, the Restocker Lamb Indicator lifted again to be sitting at an incredible 1,144.11c/kg cwt on Friday morning, up a whopping 43.58c over the past seven days.
The Online Sheep Indicator (OSI) also showed strength again lifting to $224.30/head, which was $16.34/head more than last week.
Meanwhile the Heavy Lamb Indicator dipped 2.84c over the past week and 20.63c over the past month to be sitting at 1,156.18c/kg cwt.