INDICATORS: Markets lift across the board

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 54.47c this week to be 970.62c/kg cwt by Friday morning. It's a 14.97c increase for the month and 133.55c higher than the same time last year.

The National Young Cattle Indicator (NYCI), which reflects national markets and online transactions, lifted this week, by 33.98c/kg to 519.65c/kg on Friday morning. It is up 9.50c on last month and up 80.05c 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 467.35c/kg on Friday morning. It’s up 36.58c on last week and 2.60c on last month.

The Processor Cow Indicator was 393.48c/kg on Friday morning, up 19.08c on last week and up 7.44c for the month. The top three contributors to this indicator were Roma, Dubbo and Wagga. 

Let’s turn to the sheep and lamb markets.

The AuctionsPlus Restocker Lamb Indicator (ARLI) lifted 43c to settle at 1,366c/kg cwt. 

The Light Lamb Indicator gained 20.85c this week to be 1,097.48c on Friday morning, which was 51.27c up on last month and 125.50c up on the same time last year.

The Heavy Lamb Indicator lifted by 7.48c over the past week to be sitting at 1,119.20c/kg cwt. That represents an increase of 18.94c over the past month and it's 62.84c higher than the same time last year.