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

Farm gate newsletter for August 31st - 2019

News and analysis

LATEST MARKET PRICES

as at August 31st -2019

      Current     52 week 
      price range     high low
Saleyard prices ...              
LAMB ($/head) weighted average       Average      
Store NI   117 -144 135   177 10
  SI   117 -131 125   170 20
Prime NI   180 -203 192   250 85
  SI   165 - 226 194   230 95
STEER (c/kg) 481-580 Lwt NI   299 -325 314   336 258
Prime SI  

 292 - 316

308   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 146 143 133 146 146 119.48
  SI 139 134 125

140

140 112.66
Local trade (c/kg) NI 840 800 770 825 835 700
  (16-22kg) SI 820 780 740 830 840 700
MUTTON ($/hd) gross NI 116.24 116.24 112.04 113.09 116.24 96.11
(21.0kg MX1) SI 118.34 116.24 110.46 109.67 118.34 99.17
BEEF (c/kg)              
P2 steer NI 586 568 535 580 586 505
  (270-295kg) SI 543 530 483 538 543 471.25
M2 Bull NI 546 533 498 518 546 460
  (296-320kg) SI 495 480 450 483 495 440
Local Trade P2 NI 608 598 548 600 610 518
  (180-280kg) SI 590 585 515 590 600 500
VENISON ($/hd) gross              
  AP Stag 60kg NZ 547 532 535 679 689 532
               
WOOL indicator auction prices (c/kg, clean) SI         Source: WSI, NZ Merino
  Mid mic (23.1-31.5)  

1024

1191 1141 1245 1557 751
  Fine Xbrd (31.6-35.0)   424 517 482 429 531 302
  Coarse Xbrd (>35 mic)   309 307 319 345 352 280
 Merino   1895 2121 1753 2340 2468 1588
Lambs wool  (28-31 micron)   525 511

560

588

620 425
DAIRY ($/tonne)              
  Butter  

6,379

6,741 8,104 6,957 8,419 5,703
  Skim milk powder   3,927 3,833 3,869 3,084 4.202 2,506
  Wholemilk powder   4,913 4,703 4,865 4,475 5,063 3,911
  Cheese - cheddar   6.113 5,920 7,422 5,716 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 0.00
  Fonterra wet share price     NZX FCG = $3.33
    * before retentions      

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