Eastern indicator keeps on climbing

Cattle: EYCI continues to climb


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The patchy rain continued last week, and so did the price rises.

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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¢.

*Mecardo Ag Concepts

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