EYCI throughput softened last week as rain prevented some sales from going ahead.
An increase in yardings has seen the EYCI and WYCI drop significantly this week.
Recent rainfall in WA has seen the WYCI hit new territory.
A new indicator has been announced which covers live export male cattle prices.
The EYCI has fallen in consecutive weeks due to increased feeder buyer activity.
The EYCI has experienced a substantial fall in prices, whereas the WYCI is reaching new highs.
The WYCI is sitting at a high for 2022, whereas the EYCI is beginning to soften.
The EYCI hiked 16 per cent last week on the back of high demand and favourable weather events.
The EYCI has hit a record high this week on the back of increased restocker demand.
The first week of 2022 started well for most sheep and cattle price indicators.
Cattle markets shattered multiple records this year with the EYCI breaking another all time record.
Prices continue to break new ground with the support of Queensland restocker and feeder buyers.