The patchy rain continued last week, and so did the price rises.
The Eastern Young Cattle Indicator (EYCI) is following a similar trend to last year.
In 2017, the October rally lasted through until the end of the year. There is a good chance there will be a similar trend this year.
Last week’s rain tipped the month to date total over the average for much of the northern half of NSW and south-east Queensland.
For cattle markets, there were further increases. The 22¢ lift in the EYCI meant the market hit a six-month high of 541¢/kg cwt.
NSW was the epicentre, with CTLX, Tamworth, Singleton and Gunnedah all recording average young cattle prices higher than 560¢/kg cwt. It was Victoria’s turn to languish though, with Barnawatha the only yard to record a price above 500¢.
