EYCI falls to 634.92c/kg, NYCI falls to 338c/kg liveweight

The Eastern Young Cattle Indicator and the National Young Cattle Indicator have both dropped in the past week. See the latest figures.

The benchmark Eastern Young Cattle Indicator is trending at 634 cents a kilogram carcass weight on October 3, 2024.

Prices have dropped by 15.37c/kg in the past week, and the indicator is 278c/kg higher than the same time last year.

The National Young Cattle Indicator is also lower at 338.67c/kg liveweight on October 3, 2024. This is a drop of 1.37c/kg from last week and 13.37c/kg lower than last month.

The EYCI, calculated by Meat and Livestock Australia, is the key price guide for restocker, processor and feedlot buyers, and sellers.

Precisely, it is from the seven-day moving average price for C2 and C3 vealers and yearlings at major cattle markets in NSW, Victoria and Queensland.

Meanwhile, NYCI is the key price guide for vealer, weaner, and yearling heifers, steers and mixed pens bought by restockers, with a live weight from 200kg.

It is a seven-day rolling average of young cattle sold across all National Livestock Reporting Service-reported saleyards and online livestock marketplaces. It is expressed in cents-a-kilogram live weight.

Buyers at the rail at the Wodonga cattle market. Picture: Jenny Kelly

The EYCI’s latest close is based on 17,948 cattle sold during the past seven days. The top eight contributing saleyards were as follows:

Roma store

Head: 6280

Contribution %: 34.99

Average Price (c/kg cwt) Current Close: 623.35

Wagga Wagga

Head: 3329

Contribution %: 18.55

Average Price (c/kg cwt) Current Close: 673.30

Dalby

Head: 2554

Contribution %: 14.23

Average Price (c/kg cwt) Current Close: 599.62

Gunnedah

Head: 1234

Contribution %: 6.88

Average Price (c/kg cwt) Current Close: 656.82

CTLX Carcoar

Head: 682

Contribution %: 3.80

Average Price (c/kg cwt) Current Close: 650.88

Forbes

Head: 637

Contribution %: 3.55

Average Price (c/kg cwt) Current Close: 671.59

TRLX Tamworth

Head: 537

Contribution %: 2.99

Average Price (c/kg cwt) Current Close: 656.69

Warwick

Head: 471

Contribution %: 2.62

Average Price (c/kg cwt) Current Close: 587.15

The NYCI’s latest close is based on 22,988 cattle sold during the past seven days. The top eight contributing saleyards were as follows:

NSW Online Sales

Head: 4875

Contribution %: 21.21

Avg Price (c/kg cwt) Current Close: 380.10

Roma Store

Head: 4264

Contribution %: 18.55

Avg Price (c/kg cwt) Current Close: 325.74

Blackall

Head: 2628

Contribution %: 11.43

Avg Price (c/kg cwt) Current Close: 309.1y

Queensland Online Sales

Head: 1626

Contribution %: 7.07

Avg Price (c/kg cwt) Current Close: 355.74

CQLX Gracemere

Head: 1409

Contribution %: 6.13

Avg Price (c/kg cwt) Current Close: 288.21

Victoria Online Sales

Head: 1156

Contribution %: 5.03

Avg Price (c/kg cwt) Current Close: 385.35

Dalby

Head: 1125

Contribution %: 4.89

Av Price (c/kg cwt) Current Close: 304.96

Wagga Wagga

Head: 582

Contribution %: 2.53

Avg Price (c/kg cwt) Current Close: 351.14

Please note: Saleyards with incomplete data have been excluded from this list.

For more, visit: mla.com.au/prices-markets/cattle/eycireport/