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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 Northland, the major form of pastoral farming is beef cattle. In the Waikato, Bay of Plenty, Taranaki and West Coast regions, dairy cattle predominate. Through the rest of New Zealand, sheep farming is the major rural activity, with beef cattle farming in the hills and high country, and dairying increasing in Canterbury, Otago and Southland ...
An economic calendar not only lists daily events, but the volatility levels attached to them. A volatility level refers to the likelihood that a specific event will impact the markets. Economic calendars usually have a three-scale volatility gauge. If an event has a level one volatility, it is not expected to significantly affect the markets.
Polled livestock are preferred by many farmers for a variety of reasons, the foremost being that horns can pose a physical danger to humans, other livestock and equipment. Horns may also interfere with equipment used with livestock (such as a cattle crush ), or they may become damaged during handling.
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]
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 livesto
Micro-livestock is the term used for much-smaller animals, usually mammals. The two predominant categories are rodents and lagomorphs (rabbits). Even-smaller animals are kept and raised, such as crickets and honey bees. Micro-livestock does not generally include fish (aquaculture) or chickens (poultry farming).
Cattle are not often kept solely for hides, and they are usually a by-product of beef production. Hides are used mainly for leather products such as shoes. In 2012, India was the world's largest producer of cattle hides. [114] Cattle hides account for around 65% of the world's leather production. [115] [116]