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 2.23c this week to be 920.48c/kg cwt by Friday morning. It's a 82.36c decrease for the month and 49.40c higher than the same time last year.
The National Young Cattle Indicator (NYCI), which reflects national markets and online transactions, also lifted this week, by 10.49c/kg to 486.79c/kg on Friday morning. It is down 27.20c on last month and up 27.70c 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 440.71c/kg on Friday morning. It’s up 0.24c on last week and down 44.99c on last month.
The Processor Cow Indicator was 376.27c/kg on Friday morning, up 2.57c on last week and down 13.64c for the month. The top three contributors to this indicator were Roma, Dubbo and Blackall.
Let’s turn to the sheep and lamb markets.
The AuctionsPlus Restocker Lamb Indicator (ARLI) eased 75c to settle at 1,297c/kg cwt.
The Light Lamb Indicator lost 13.74c this week to be 1,012.45c on Friday morning, which was 89.71c down on last month and 34.78c back on the same time last year.
The Heavy Lamb Indicator fell by 33.08c over the past week to be sitting at 1,055.35c/kg cwt. That represents a decrease of 92.05c over the past month and it's 65.90c lower than the same time last year.