INDICATORS: This week’s biggest moves – and a new high

The National Young Cattle Indicator (NYCI) has dropped this week by 8.14c to 379.20c/kg liveweight on Friday morning. It has lifted 22.78c on the previous month and is up 61.76 on the same time last year.

The NYCI is a seven-day rolling average of young cattle sold on AuctionsPlus and across all NLRS-reported saleyards.

READ MORE: A year of the NYCI: how has it performed?

The biggest contributor to the indicator this week was Roma Store with 4,963 head, followed by NSW Online Sales and Queensland Online Sales.

Yearling Heifers were the biggest category included, averaging 342.73c/kg, a fall of 4.30c week-on-week.

The Eastern States Young Cattle Indicator (EYCI), a seven-day rolling average of young cattle from 23 saleyards across Queensland, NSW and Victoria, was sitting at 707.05 cents per kilogram dressed on Friday morning, down 13.75 for the week, up 33.97 from a month ago and up 112.28 on last year.

In the sheep market, the Restocker Lamb Indicator was sitting at 924.06 cents per kilogram dressed on Friday morning, up 48.84c week on week. The Heavy Lamb Indicator recovered from a 30c fall last week to lift an impressive 68.38c/kg to be 1,041.25c/kg on Friday morning.

The Merino Lamb Indicator jumped this week by 38.63c to 884.86 cents per kilogram and the Mutton Indicator jumped to 667.13c/kg dressed, an increase of 32.57c week on week.

Meanwhile, the national lamb record was smashed in Wagga, NSW, on Thursday, with a pen of 133 Dorset-cross lambs, with an estimated dressed weight of 37 to 39kg, from Yarrawonga Pastoral, selling for $424.20 a head.

The previous national record of $410 was set at Warracknabeal, Victoria, on May 29.