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

Farm gate newsletter for November 4th - 2019

News and analysis

LATEST MARKET PRICES

as at November 4th -2019

      Current     52 week 
      price range     high low
Saleyard prices ...              
LAMB ($/head) weighted average       Average      
Store NI   80 -140 115   177 10
  SI   110 - 140 125   170 20
Prime NI   135 -247 231   250 85
  SI   150- 240 205   286 95
STEER (c/kg) 481-580 Lwt NI   315 -319 317   336 258
Prime SI  

 310 - 320

315   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 156 150 143 137 156 119.48
  SI 150 145 134

131

150 112.66
Local trade (c/kg) NI 870 850 820 805 870 700
  (16-22kg) SI 860 840 800 790 860 700
MUTTON ($/hd) gross NI 131 120 116 107 131 96.11
(21.0kg MX1) SI 130 122 118 105 130 99.17
BEEF (c/kg)              
P2 steer NI 605 588 568 540 605 505
  (270-295kg) SI 560 548 530

511

560 471.25
M2 Bull NI 595 555 533 475 595 460
  (296-320kg) SI 540 512 480 456

540

440
Local Trade P2 NI 618 618 598 563 618 518
  (180-280kg) SI 585 590 585 550 600 500
VENISON ($/hd) gross              
  AP Stag 60kg NZ 559 577 532 669 674 532
               
WOOL indicator auction prices (c/kg, clean) SI         Source: WSI, NZ Merino
  Mid mic (23.1-31.5)  

987

1060 1191

992

1557 751
  Fine Xbrd (31.6-35.0)   425 416 518

433

531 302
  Coarse Xbrd (>35 mic)   317 312 307 338 354 280
 Merino   2056 2189 2428

2596

2596 1588
Lambs wool  (28-31 micron)   525 511

560

588

620 425
DAIRY ($/tonne)              
  Butter  

6,377

6,531 6,741 6,717 8,419 5,703
  Skim milk powder   4,261 4,234 3,833 3,077 4.202 2,506
  Wholemilk powder   4,867

4,973

4,703

4,165

5,063 3,911
  Cheese - cheddar   5,649 5,885 5,920

5,404

6,472 4,853
               
  Fonterra milk price   2018/19 final $6.35 2019/20 forecast $6.55 -$7.55*
  Fonterra dividend   2017/18 final $0.10 2019/20 forecast 0.00
  Fonterra wet share price     NZX FCG = $4.10
    * before retentions      

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