INDICATORS: EYCI dips and lamb prices climb

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 11.04c this week to be 909.44c/kg cwt by Friday morning. It's a 86.94c decrease for the month and 71.99c higher than the same time last year.

The National Young Cattle Indicator (NYCI), which reflects national markets and online transactions, lifted this week, by 10.46c/kg to 487.64c/kg on Friday morning. It is down 46.19c on last month and up 37.46c on the same time last year.

The National Feeder Heifer Indicator (NFHI), which offers a dedicated lens into the feeder heifer market, fell and was sitting at 439.27c/kg on Friday morning. It’s down 1.44c on last week and 35.81c on last month.

The Processor Cow Indicator was 379.96c/kg on Friday morning, up 3.69c on last week and down 10.51c for the month. The top three contributors to this indicator were Roma, Wodonga and Dalby. 

Let’s turn to the sheep and lamb markets.

The AuctionsPlus Restocker Lamb Indicator (ARLI) eased 10c to settle at 1,329c/kg cwt. 

The Light Lamb Indicator gained 63.75c this week to be 1,076.16c on Friday morning, which was 30.42c down on last month and 13.76c up on the same time last year.

The Heavy Lamb Indicator lifted by 48.47c over the past week to be sitting at 1,103.85c/kg cwt. That represents a decrease of 46.43c over the past month and it's 21.43c lower than the same time last year.