AUSTRALIA’S benchmark Eastern Young Cattle Indicator has fallen below 400c/kg carcase weight equivalent for the first time since 2019, as saleyard prices continue to decline.
Falling to 396.85c at one point today, the decline in the seven-day rolling average of saleyard prices has accelerated in the past month, falling 131.78c – including a 43.33c drop to start this week. It must be noted that the results of today’s Roma Sale was not included at the time of publication, and…