Samiksha Jaiswal (Editor)

Eastern Young Cattle Indicator

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The Eastern Young Cattle Indicator - or EYCI - is an indicator of general cattle markets in Australia.

The EYCI index is calculated based on a seven-day rolling average expressed in cents per kilogram carcase (or dressed) weight (¢/kg cwt); and is sourced from sale data from 26 saleyards in New South Wales, Queensland and Victoria.

It is produced daily by MLA's National Livestock Reporting Service (NLRS); and includes

  • vealer
  • yearling
  • heifers
  • steers

    • Only cattle meeting the following criteria are included

  • grade score C2 or C3,
  • 200 kg+ liveweight

    • Includes cattle purchased for

  • slaughter,
  • restocking or
  • lotfeeding;

    • It is also used as the base for the MLA/SFE Meat & Livestock Australia/Sydney futures exchange Cattle Futures contract.

    References

    Eastern Young Cattle Indicator Wikipedia
    (Text) CC BY-SA