INDICATORS: EYCI and NYCI nudge backwards

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 this week. It was sitting at 863.96c/kg cwt on Friday morning, a decrease of 0.92 for the week, an increase of 5.94c for the month and 204.17c on last year.

The National Young Cattle Indicator (NYCI) also fell this week, by 6.13c/kg to 466.17c/kg on Friday morning. It is up 2.3c on last month and 117.03c 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 408.08c/kg on Friday morning. It’s 12c down on last week.

The Processor Cow Indicator was 348.31c/kg on Friday morning, down 26.28c on last week. The top three contributors to this indicator were Tamworth, Inverell and Dubbo again this week.

For those keeping an eye on the broader market shifts, there’s plenty more on the new APlus News homepage. Check it out.

Let’s turn to the sheep and lamb markets.

The AuctionsPlus Restocker Lamb Indicator (ARLI) lifted 124c to 1,469c/kg DW this week, another record broken.

The Light Lamb Indicator fell 20.05c to be 1,116.94c on Friday morning, which was 21.66c up on last month and 435.38 up on last year.

Meanwhile the Heavy Lamb Indicator fell 5.08c over the past week to be sitting at 1,107.28c/kg cwt.