EYCI rises to 684c/kg, NYCI also higher at 355c/kg liveweight

The Eastern Young Cattle Indicator has continued rising, up 54c/kg for the month. See the latest figures.

The benchmark Eastern Young Cattle Indicator is trending at 684.79c/kg carcass weight on December 12, 2024.

Prices have risen 14c/kg in the past week and the indicator is 141c/kg higher than the same time last year.

The National Young Cattle Indicator has risen to 355c/kg liveweight on December 12, 2024. This is a rise of 7c/kg from last week and 25c/kg higher 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 liveweight.

Buyers line the rail at Barnawartha. Picture: Yuri Kouzmin

The EYCI’s latest close is based on 18,830 cattle sold during the past seven days. The top eight contributing saleyards were as follows:

Roma Store

Head: 4150

Contribution %: 22.04

Average Price (c/kg cwt) Current Close: 732.51

Wagga Wagga

Head: 3926

Contribution %: 20.85

Average Price (c/kg cwt) Current Close: 668.55

Dalby

Head: 2777

Contribution %: 14.75

Average Price (c/kg cwt) Current Close: 690.01

Gunnedah

Head: 1497

Contribution %: 7.95

Average Price (c/kg cwt) Current Close: 705.84

TRLX Tamworth

Head: 1268

Contribution %: 6.73

Average Price (c/kg cwt) Current Close: 686.44

CTLX Carcoar

Head: 1005

Contribution %: 5.34

Average Price (c/kg cwt) Current Close: 641.72

Forbes

Head: 825

Contribution %: 4.38

Average Price (c/kg cwt) Current Close: 660.76

Moss Vale

Head: 715

Contribution %: 3.80

Average Price (c/kg cwt) Current Close: 605.55

The NYCI’s latest close is based on 23,743 cattle sold during the past seven days. The top eight contributing saleyards were as follows:

NSW Online Sales

Head: 3980

Contribution %: 16.76

Avg Price (c/kg cwt) Current Close: 375.54

Queensland Online Sales

Head: 3732

Contribution %: 15.72

Avg Price (c/kg cwt) Current Close: 368.31

Roma Store

Head: 2402

Contribution %: 10.12

Avg Price (c/kg cwt) Current Close: 393.92

SA Online Sales

Head: 2141

Contribution %: 9.02

Avg Price (c/kg cwt) Current Close: 359.93

Victoria Online Sales

Head: 1732

Contribution %: 7.29

Avg Price (c/kg cwt) Current Close: 363.22

CQLX Gracemere

Head: 1016

Contribution %: 4.28

Avg Price (c/kg cwt) Current Close: 343.23

Wagga Wagga

Head: 954

Contribution %: 4.02

Av Price (c/kg cwt) Current Close: 346.93

Mount Barker

Head: 919

Contribution %: 3.87

Avg Price (c/kg cwt) Current Close: 278.64

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

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