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The Eastern Young Cattle Indicator (EYCI) is an indicator of general cattle markets in Australia. It is calculated based on a seven-day rolling price average expressed in cents per kilogram carcase (or dressed) weight (¢/kg cwt). [1] The EYCI sources data from 23 saleyards in New South Wales, Queensland and Victoria. [2]
It provides a weekly moving average of the number of young cattle sold across the Eastern states of Australia; Queensland, New South Wales and Victoria. [19] [118] The price and weight of the carcasses sold are employed to calculate the EYCI, which is exhibited in cents per kilogram. [112]
This research found that if a cattle processing facility was built in the Northern Territory or North-Western Australia, in conjunction with live export, there would potentially be an increase of 245% or more in gross earnings for Australian cattle producers, more than 1,300 jobs for unemployed Australians and gross regional product growth of ...
The following is a list of countries by live animal exports. Data is for 2019, in millions of United States dollars , as reported by International Trade Centre . [ 1 ] Currently the top twenty countries are listed.
Live cattle is a type of futures contract that can be used to hedge and to speculate on fed cattle prices. Cattle producers, feedlot operators, and merchant exporters can hedge future selling prices for cattle through trading live cattle futures, and such trading is a common part of a producer's price risk management program. [1]
The trade involved over three million animals in 2011 valued at approximately A$1 billion, of which the majority were cattle and sheep. However, the live export trade only accounts for 0.4% of all Australian exports, as of 2014. [1] Australia exports live cattle, sheep, goats, dairy cows, buffalo, and alpacas. [2]
In 2008, when the station was owned by S. Kidman and Co Ltd, there were eight full-time staff and they were destocking all their cattle. [8] Following floods in 2010, conditions improved and the station restocked. It had 10,000 head of cattle in May 2011 [9] and is capable of carrying up to 16,500 head of cattle during a good season. [8]
The gross value of the Australian cattle and calf production totalled $14.3billion in 2015–16, which is approximately 50% of total value of Australian livestock industries. [6] A regional report on the Northern Australian beef industry indicates that by 1996–97, 10% of the North-West herd were Charbray out of the 23 different bull breeds. [12]
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