Cattle prices hit year-on-year high

MEAT AND Livestock Australia (MLA) has noted after welcome rainfall, the Eastern Young Cattle Indicator (EYCI) hit an important inflection point last week.

Cattle prices hit year-on-year high Cattle prices hit year-on-year high Cattle prices hit year-on-year high Cattle prices hit year-on-year high Cattle prices hit year-on-year high

Last week the EYCI rose to 498¢/kg carcase weight (cwt).

Last week the EYCI rose to 498¢/kg carcase weight (cwt), up 1¢ on the previous week and up 12¢ year-on-year.