highPriceUpdate88% confidence
Australian EYCI Recovers to 620¢/kg cwt — Herd Rebuilding Phase Confirmed
📅 2026-10-25 (month)Published 29 October 2026
Summary
The Eastern Young Cattle Indicator (EYCI) — Australia's benchmark cattle price — recovered to 620¢/kg carcase weight in October 2026, up 28% from the 485¢ drought trough in April 2025. La Niña outlook for 2026-27 is supporting pasture recovery. MLA projects cattle numbers to rise 3.2% by mid-2027.
Why it matters
The EYCI recovery signals the end of Australia's liquidation cycle. Herd rebuilding will tighten slaughter numbers through 2027 — meaning export volumes decline even as prices rise. Japan and South Korea importers should expect tighter supply and higher FOB prices through mid-2027.
Entities involved
🌍 Countries
🇦🇺 Australiaoriginates_from