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) eased slightly this week. It was sitting at 890.33c/kg cwt on Friday morning, a fall of 6.32c for the week, up 18.5c from a month ago and up 216.92c on last year.
The National Young Cattle Indicator (NYCI) lifted by 0.62c/kg to 468.23c/kg on Friday morning. It has lifted 14c on the previous month and is up 115.42c on the same time last year.
The National Feeder Heifer Indicator (NFHI), which offers a dedicated lens into the feeder heifer market, continued its climb, sitting at 479.02c/kg on Friday morning. It’s 10.77c up on last week, and 19.27c up on the previous month.
The Processor Cow Indicator also lifted to be 393c/kg on Friday morning, up 20.81c on last week and 38.46c on the previous month. The top three contributors to this indicator were Roma Store, Dalby and Gunnedah.
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In the sheep market, the AuctionsPlus Restocker Lamb Indicator (ARLI) lifted again to be sitting at an incredible 1,388c/kg cwt on Friday morning, up a whopping 47c over the past seven days.
The Online Sheep Indicator (OSI) also showed strength again lifting to $264.67/head, which was $41.15/head more than last week.
Meanwhile the Heavy Lamb Indicator dipped 31.74c over the past week and 26.12c over the past month to be sitting at 1,187c/kg cwt.
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