Lighter weight cattle demand pushes indicator price to a new record

THE Eastern Young Cattle Indicator (EYCI) hit a new record of 1033c/kg carcase weight (cwt) last week, overtaking the previous record set in August and up 33 per cent on year-ago levels.

Lighter weight cattle demand pushes indicator price to a new record Lighter weight cattle demand pushes indicator price to a new record Lighter weight cattle demand pushes indicator price to a new record Lighter weight cattle demand pushes indicator price to a new record Lighter weight cattle demand pushes indicator price to a new record

The EYCI continues to break new records.

With limited declines in EYCI-eligible cattle of late and no significant recent rainfalls, incredibly strong demand fundamentals continue to drive the market up, according to Meat & Livestock

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