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A NORTH to south divide has appeared in the benchmark Eastern Young Cattle Indicator this week, as it fell below 600c/kg carcase weight for the first time since the start of the year.
Supply appears to be one of the biggest factors in the drop in price, with 22,000 head contributing to the EYCI, which is up 2500 from last week. The indicator opened at 615.77c this week and looks like it will close at 577.32c.
The indicator is still higher than when it peaked at 571c in December last year. However, it is 104c down from the same time last year when prices were starting to…
