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Tuesday, November 26, 2013

If they reckon the EYCI will be 370¢, what does it mean for me?

By Angus Brown  |  Source: MLA's NLRS

When we look at cattle prices, we often use the EYCI as the benchmark, and base our price forecast on that indicator. This article aims to help readers in relating the price of cattle in their region to the EYCI, therefore simplifying budgeting based on EYCI forecasts.

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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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