INDICATORS: EYCI CONTINUES TO CLIMB

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 1,019.73c/kg cwt by Friday morning, an increase of 23.68c for the week and 95.79c for the month. It’s 307.36c higher than the same time last year.

The National Young Cattle Indicator (NYCI), which reflects national markets and online transactions, softened this week, by 6.57c/kg to 525.82c/kg on Friday morning. It is up 45.55c on last month and up 145.77c on the same time last year.

The National Feeder Heifer Indicator (NFHI), which offers a dedicated lens into the feeder heifer market, lifted and was sitting at 490.98c/kg on Friday morning. It’s up 14.43c on last week.

The Processor Cow Indicator was 377.74c/kg on Friday morning, up 2.45c on last week and up 0.79c for the month. The top three contributors to this indicator were Wagga, Dalby and Roma. 

Let’s turn to the sheep and lamb markets.

In the past week the AuctionsPlus Restocker Lamb Indicator (ARLI) lifted 15c to 1,549c/kg dressed weight.  

The Light Lamb Indicator lifted 47.36c this week to be 1,169.90c on Friday morning, which was 42.65c up on last month and 259.21 up on last year.

The Heavy Lamb Indicator also lifted by 46.16c over the past week to be sitting at 1,151.38c/kg cwt. That represents an increase of 26.77c over the past month and 121.30c on the same time last year.