EYCI eases to 589.5c/kg
YOUNG cattle prices have eased slightly in the past week due to bigger yardings at some centres in NSW.
On the back of last week’s near record prices, the prospect of a hot, dry summer had some producers opting to offload any surplus stock on Monday and Tuesday this week.
As a result, the Eastern Young Cattle Indicator slipped to 589.5 cents a kilogram (carcase weight) on Tuesday - back 5.5c/kg on the same time last week.