Picking the market 12 months out: Our 2016 EYCI reader comp winner revealed

THE Eastern Young Cattle Indicator yesterday closed for 2016 at 634.5c.kg, almost 50c/kg higher than where it closed a year before. It’s fair to say that not many of us saw that coming 12 months ago, judging by the results of our 2016 EYCI reader competition. Back in January we asked Beef Central readers to nominate where they thought the EYCI would close at the end of 2016. At the time the EYCI stood at 587c/kg, close to the then record-high of 597.5c/kg, which had been reached just a few weeks earlier in December 2015. Drought conditions were dominating across…

Source: Beef Central
Picking the market 12 months out: Our 2016 EYCI reader comp winner revealed