Record for EYCI price is reached

Updated February 24 2016 - 11:26pm, first published 11:17pm

THE Eastern Young Cattle Indicator (EYCI) hit a new record this week, reaching 605.5¢/kg cwt. Young cattle yardings were also higher this week, gaining 4200 head to hit a 2016 high of 21,949. While yarding numbers have been lower than last year, the fact that prices gained 10.75¢ despite higher yarding figures suggests that demand has improved.

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