Eastern Young Cattle Indicator
The Eastern Young Cattle Indicator (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 (ยข/kg cwt); and is sourced from sale data from 26 saleyards in New South Wales, Queensland and Victoria.[1]
It is produced daily by MLA's National Livestock Reporting Service (NLRS). It includes
- vealer
- yearling
- heifers
- steers
Only cattle meeting the following criteria are included:
- grade score C2 or C3,
- 200 kg+ liveweight
It includes cattle purchased for:
- slaughter,
- restocking or
- lotfeeding;
The EYCI is also used as the base for the MLA/SFE Meat & Livestock Australia/Sydney futures exchange Cattle Futures contract.
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