INDICATORS: Heifers remain strong as cattle market levels out

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 back this week. It was sitting at 871.08c/kg cwt on Friday morning, a drop of 18.42c for the week, back 26.98c from a month ago and up 232.72c on last year.

The National Young Cattle Indicator (NYCI) also fell by 7.82c/kg to 458.93c/kg on Friday morning. It is 8.69c back on the previous month and is up 118.42c 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 427.94c/kg on Friday morning. It’s 4.45c up on last week, and 8.45c back on the previous month.

The Processor Cow Indicator was 374.84c/kg on Friday morning, down 4.61c on last week but up 6.73c on the previous month. The top three contributors to this indicator were Dalby, Roma Store and Dubbo.

Spring stud selling season continues with a big day of bull and ram sales on AuctionsPlus today – check it out.

In the sheep market, the AuctionsPlus Restocker Lamb Indicator (ARLI) lifted this week by 19c to be 1,286c/kg cwt.

The Online Sheep Indicator (OSI) fell to $238.99/head, which was $15.95/head less than last week, but $31.03/head higher than a month ago.

Meanwhile the Heavy Lamb Indicator dipped another 20.94c over the past week and 37.78c higher than the previous month to be sitting at 1,121.25c/kg cwt.