INDICATORS: Light lamb lifts 50c/kg, while 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 during this short Easter week of trade. It was sitting at 808.33c/kg cwt on Friday morning, a decrease of 15.19 for the week and 88.82 for the month. It’s 105.48c higher than last year.

The National Young Cattle Indicator (NYCI) also fell this week, by 22.44c/kg to 431.31c/kg on Friday morning. It is down 46.58c on last month and up 54.41c 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 391.87c/kg on Friday morning. It’s 16.22c down on last week.

The Processor Cow Indicator was 329.99c/kg on Friday morning, down 0.9c on last week and 50.38c for the month. The top three contributors to this indicator were Dubbo, Armidale and Inverell this week. The yards from Northern NSW and into Queensland recorded the lowest average prices, while southern markets held up for processor cow sales.

There’s more than 20,000 head of commercial cattle for sale on AuctionsPlus today – check it out.

Let’s turn to the sheep and lamb markets.

The AuctionsPlus Restocker Lamb Indicator (ARLI) eased, down 29c to 1,428c/kg dressed weight.

The Light Lamb Indicator lifted 54.31c to be 1,193.22c on Friday morning, which was 86.21c up on last month and 454.06 up on last year.

Meanwhile the Heavy Lamb Indicator lifted 17.06c over the past week to be sitting at 1,145.75c/kg cwt. That is an increase of 35.17c over the past month and 331.33c since the same time last year.