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

Farm gate newsletter for August 4th - 2019

News and analysis

LATEST MARKET PRICES

as at August 4th -2019

      Current     52 week 
      price range     high low
Saleyard prices ...              
LAMB ($/head) weighted average       Average      
Store NI   121 -148 136   177 10
  SI   125 -138 130   170 20
Prime NI   130 - 218 184   234 85
  SI   130 - 225 196   230 95
STEER (c/kg) 481-580 Lwt NI   302 -308 305   336 258
Prime SI  

 288 - 303

296   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 143 139 127 137 146 119.48
  SI 134 132 117

133

136.72 112.66
Local trade (c/kg) NI 810 790 740 795 835 700
  (16-22kg) SI 800 770 710 800 840 700
MUTTON ($/hd) gross NI 116.24 114.14 107.84 107.84 115.19 96.11
(21.0kg MX1) SI 116.24 113.61 103.64 112.82 115.19 99.17
BEEF (c/kg)              
P2 steer NI 568 555 530 550 580 505
  (270-295kg) SI 530 514 478. 526 539 471.25
M2 Bull NI 533 528 490 518 520 460
  (296-320kg) SI 480 474 448 483 488 440
Local Trade P2 NI 598 578 548 570 610 518
  (180-280kg) SI 575 550 500 570 600 500
VENISON ($/hd) gross              
  AP Stag 60kg NZ 532 534 535 667 689 532
               
WOOL indicator auction prices (c/kg, clean) SI         Source: WSI, NZ Merino
  Mid mic (23.1-31.5)  

1191

1083 1025 1385 1557 751
  Fine Xbrd (31.6-35.0)   523 514 508 354 531 302
  Coarse Xbrd (>35 mic)   306 328 346 318 352 280
 Merino   2059 1753 1753 2340 2468 1588
Lambs wool  (28-31 micron)   525 511

560

588

620 425
DAIRY ($/tonne)              
  Butter  

6,741

6,548 8,344 7,578 8,419 5,703
  Skim milk powder   3,833 3,667 3,706 3.158 4.202 2,506
  Wholemilk powder   4,703 4,480 4,920 4,495 5,063 3,911
  Cheese - cheddar   5,920 5,668 6,501 5.646 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 = $3.75
    * before retentions      

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