sign up log in
Want to go ad-free? Find out how, here.

Farm gate newsletter for June 23rd - 2019

News and analysis

LATEST MARKET PRICES

as at June 23rd -2019

      Current     52 week 
      price range     high low
Saleyard prices ...              
LAMB ($/head) weighted average       Average      
Store NI   77 -129 110.90   177 10
  SI   107 - 115 111.50   170 20
Prime NI   130 - 168 155   234 85
  SI   120 - 200 162   230 95
STEER (c/kg) 481-580 Lwt NI   280 - 301 286   336 258
Prime SI  

 255 -290

276   341 220
               
    this 4 weeks 3 months 1 year 52 week
    week ago ago ago high low
Processor prices ...              
LAMB ($) including 1kg woolly pelt              
17.5 kg YX NI 135.50 132.88 119.75 131.69 146 119.48
  SI 128.89 123.21 112.71

130.25

136.72 112.66
Local trade (c/kg) NI 790 760 700 750 835 700
  (16-22kg) SI 760 730 700 760 840 700
MUTTON ($/hd) gross NI 113.09 112.04 104.16 105.74 113.09 96.11
(21.0kg MX1) SI 112.56 109.41 100.75 107.31 112.82 99.17
BEEF (c/kg)              
P2 steer NI 540 535 505 523 580 505
  (270-295kg) SI 497.50 482.50 474 503 539 471.25
M2 Bull NI 515 497.50 442.5 503 520 460
  (296-320kg) SI 467.50 448 440 475 488 440
Local Trade P2 NI 558 548 520 550 610 518
  (180-280kg) SI 540 515 500 560 590 500
VENISON ($/hd) gross              
  AP Stag 60kg NZ 535 535 547 651 689 535
               
WOOL indicator auction prices (c/kg, clean) SI         Source: WSI, NZ Merino
  Mid mic (23.1-31.5)   1193 1182 921 878 1557 751
  Fine Xbrd (31.6-35.0)   479 489 467 355 496 302
  Coarse Xbrd (>35 mic)   333 342 307 345 352 280
 Merino   2291 2596 2428 1588 2468 1588
Lambs wool  (28-31 micron)   547 569

504

588

620 425
DAIRY ($/tonne)              
  Butter   6909 8,085 8,228 8,468 8,419 5,703
  Skim milk powder   3,578 3,860 3,984 3.234 4.202 2,506
  Wholemilk powder   4,561 4,855 5,063 4,688 5,063 3,911
  Cheese - cheddar   5,737 7,404 6,441 5,887 6,472 4,853
               
  Fonterra milk price   2017/18 final $6.69 2018/19 forecast $6.30 -$6.40*
  Fonterra dividend   2017/18 final $0.10 2018/19 forecast 0.10 - 15c
  Fonterra wet share price     NZX FCG = $3.91
    * before retentions      

for more detailed price data, by individual saleyard or processor, see our comprehensive listings here »