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

Farm gate newsletter for July 28th - 2019

News and analysis

LATEST MARKET PRICES

as at July 28th -2019

      Current     52 week 
      price range     high low
Saleyard prices ...              
LAMB ($/head) weighted average       Average      
Store NI   108 -130 116   177 10
  SI   135 -145 140   170 20
Prime NI   132 - 211 178   234 85
  SI   145 - 225 193   230 95
STEER (c/kg) 481-580 Lwt NI   284 - 321 299   336 258
Prime SI  

 280 -290

290   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 141.63 137 126. 137 146 119.48
  SI 133 131 116

133

136.72 112.66
Local trade (c/kg) NI 800 790 740 785 835 700
  (16-22kg) SI 780 760 700 800 840 700
MUTTON ($/hd) gross NI 115.19 113.09 107.84 111.51 115.19 96.11
(21.0kg MX1) SI 115.19 112.56 102.59 112.30 115.19 99.17
BEEF (c/kg)              
P2 steer NI 568 550 530 548 580 505
  (270-295kg) SI 524 511 478. 514 539 471.25
M2 Bull NI 533 523 490 518 520 460
  (296-320kg) SI 480 470 448 483 488 440
Local Trade P2 NI 598 568 520 560 610 518
  (180-280kg) SI 570 550 500 570 600 500
VENISON ($/hd) gross              
  AP Stag 60kg NZ 532 535 539 656 689 532
               
WOOL indicator auction prices (c/kg, clean) SI         Source: WSI, NZ Merino
  Mid mic (23.1-31.5)   1126 1083 1025 1385 1557 751
  Fine Xbrd (31.6-35.0)   523 514 508 354 531 302
  Coarse Xbrd (>35 mic)   321 328 332 317 352 280
 Merino   2428 1847 2291 2340 2468 1588
Lambs wool  (28-31 micron)   525 511

560

588

620 425
DAIRY ($/tonne)              
  Butter  

6,641

6,778 7,881 8,004 8,419 5,703
  Skim milk powder   3,775 3,510 3,795 3.061 4.202 2,506
  Wholemilk powder   4,633 4,475 5,011 4,758 5,063 3,911
  Cheese - cheddar   5,831 5,625 6,116 5.754 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 = $3.79
    * before retentions      

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