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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]
In New South Wales, Australia, maximum grazing fees have been set by regulation at $1.00 per head of large stock or per 10 (or less) head of small stock per day; lower fees may be set by individual authorities. [1] Agistment on private land in Queensland, Australia, has sometimes been at rates of $5 per head per week when demand is high. [2]
Saudi Arabia was historically Australia's largest market for sheep, however it stopped the export due to Australia strict export regulations. [5] 575,000 sheep were exported in 2021, down from a figure of two million in 2017. [10] Indonesia is Australia's largest market for live cattle. [2] Exports leave via ports at Darwin, Broome and Perth. [3]
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]
Meat & Livestock Australia (M&LA) is an independent company which regulates standards for meat and livestock management in Australian and international markets. Headquartered in North Sydney , Australia ; [ 1 ] M&LA works closely with the Australian government , and the meat and livestock industries.
Cattle from Mount Riddock regularly attract the top price at the annual Alice Springs Show Sale. [12] [13] The Cadzows introduced the first privately owned Remote Livestock Management System in Australia on the property in 2015, allowing them to remotely weigh and draft their cattle. [14]
Although the stock isn't cheap at 56 times forward earnings, its strong and sustainable growth justifies that price tag. As a result, I think it's a phenomenal stock to buy in 2025. 10.
In 1941, the British government paid Elders the equivalent of $3 billion today, and nearly $4 billion the following year. The return to the open auction system in 1946 saw the start of a dramatic five-year run for wool. [13] National wool revenues increased by 29% and 64% respectively in the first two full years of peace. [citation needed]