Cattle markets continued their holding pattern last week as all eyes remain on the forecast, looking for season-breaking summer rains.
Finished cattle supplies appear to be easing ever-so slightly, and this will support finished prices.
While most are waiting for the rain, some bit the bullet and sent young cattle to the market.
Eastern Young Cattle Indicator yardings hit a five-week high, the second-highest level since July.
With little real precipitation on the forecast, increased yardings meant the EYCI eased.
Demand remains good, with feeder, processors and restockers seemingly comfortable with current levels.
While the EYCI is 11 per cent behind the same time last year, heavy steers remain strong; they are 9.5pc above the level of 2017.
