ACCORDING to the latest cattle update from Rural Bank, strong restocker demand and tight supply are expected to continue to support the Eastern Young Cattle Indicator (EYCI) in record territory for the remainder of the year.
Eastern states cattle are selling to feverish demand.
Rural Bank reported a six per cent rise in October which took the indicator to a new high of 822.5c/kg. This places the EYCI 60.
Sheep markets have opened 2021 to high prices.
Beef exports decline but prices perform well
