February 2012

Competition from Australia, and the United States into Korea and Japan, is predicted by processors to keep our beef prices flat into the autumn.

The kill for all classes of beef animals in the north island is well back on last year and could create processing bottlenecks when farmers plan to harvest.

Schedule and local trade values fell again, with bull beef prices now on a par with prime grades.

For weekly P2 Steer schedules for NZ, NI and SI CLICK HERE

The Export Trend this week is falling for Bull (408c) and easing for Prime grades (408c). These values are now only 13c (bull) and 13c( prime) ahead of last year.

CLICK HERE for Charts

The exchange rate has increased now to the 0.81-82c range against the US$.

Store animal demand at saleyards has also eased, with the grass market less influential and buyers now more cautious.

Local trade schedule prices are leading the export schedules at between 430-450c/kg, with a premium in the north to entice harvest against a wall of feed.

NOTE - See local trade page for beef.

New season outlook 2011/2012 Click here>>>

for more trend graphs, see

- lamb
- beef
- deer
- velvet

for more perspectives, see

- Exchange rates
- Commodity prices
- Farm cost indexes
- Interest rate trends
- Rural credit aggregates
- Farm sales activity
- International dairy price