Eastern Young Cattle Indicator - EYCI

From Wikipedia, the free encyclopedia

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 (ยข/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,
  • 200kg+ 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.