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Wednesday, August 13, 2014

Same same but different – EYCI buyer percentiles

By Augusto Semmelroth  |  Source: MLA's NLRS

Despite the ongoing steadiness of the Eastern Young Cattle Indicator (EYCI), young cattle markets are still displaying some degree volatility at the state, saleyard and buyer type level. In Victoria processors are the ones paying the highest prices for EYCI cattle, while in Queensland they continue to pay the least. Defying the odds, restockers are now paying similar prices for young cattle across the east coast.

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Mecardo information is provided to assist in your marketing decisions. It contains a range of data and views on the current market. It is not intended to constitute advice for a specific purpose. Before taking any action in relation to information contained within this report, you should seek advice from a qualified professional. The information is obtained from a variety of sources and neither Mecardo nor Ag Concepts Advisory will be held liable for any loss or damage whatsoever that may arise from the use of information or for any error or mis-statement contained in this report. 

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