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Wednesday, October 22, 2014

So you reckon the EYCI will be 380 – what does that mean for me

By Angus Brown  |  Source: MLA's NLRS, ACU

You may have read last week’s Eastern Young Cattle Indicator (EYCI) forecast article and wondered how this relates specifically to the type of cattle you sell or buy. It’s possible to apply the EYCI forecast to your specific situation by looking at the spread of various cattle types in different regions to the EYCI. This analysis also gives a good snapshot of what is good buying and selling in cattle markets. So what are these spreads telling us?

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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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