RECENT rain events in eastern Australia have been encouraging for the Eastern Young Cattle Indicator (EYCI) and feeder steer prices, with both hitting new records, according to Meat & Livestock Australia (MLA).
The EYCI and Feeder Steer Indicators both hit new records this week.
The EYCI hit 1105.5c/kg carcase weight on the back of strong results in Dalby and Roma in Queensland and Wagga Wagga in New South Wales. Overall, there were 2800 less young cattle transacted than a week...
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