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Farm gate newsletter for March 8th - 2021

News and analysis

LATEST MARKET PRICES

as March 8th -2021

 

      price range     high low
Saleyard prices ...              
LAMB ($/head) weighted average       Average      
Store    NI   80 - 98

89

  177 70
  SI   90- 102 95   170 75
Prime NI   110 - 145 133   250 85
  SI   115 -163 142   286 95
STEER (c/kg) 481-580 Lwt NI   239 - 250 243   336 240
Prime SI    230 - 250 242   341 191
               
    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 113 116 118 120 132 113
  SI 107 109 116 113 128 107
Local trade (c/kg) NI 650 650

700

690 780 650
  (16-22kg) SI 650 660 710 700 790 650
MUTTON ($/hd) gross NI 111 111 108 97 113 97
(21.0kg MX1) SI 112 110 107 92 112 92
BEEF (c/kg)              
P2 steer NI 483 483 503 463 518 463
  (270-295kg) SI 438 434 454 435 497 431
M2 Bull NI

483

475

493 463 520 463
  (296-320kg) SI 403 406 426 416 483 402
Local Trade P2 NI 508 488 528 478 578 488
  (180-280kg) SI 470 470 510 480 550 470
VENISON ($/hd) gross              
  AP Stag 60kg NZ 318 320 336

459

501 312
               
WOOL indicator auction prices (c/kg, clean) SI         Source: WSI, NZ Merino
  Mid mic (23.1-31.5)   958 863 733 843 1019 471
  Fine Xbrd (31.6-35.0)   265 245 223 290 550 200
  Coarse Xbrd (>35 mic)   234 191 209 259 364 182
 Merino   1208 1138 1040

2550

2550 1040
Lambs wool  (28-31 micron)   316 246 176

324

492 176
DAIRY ($/tonne)              
  Butter   8,135 6,993

5,655

6,497 8,135 5,100
  Skim milk powder   4,610 4,448 4,098 4,321 4,696 3,872
  Wholemilk powder   6,093 4,809 4,514 4,643 6,093 4,223
  Cheese - cheddar   5,976

5,811

 

5,297 6,740 7,510 5,100
               
  Fonterra milk price   2019/20 final $7.14 2020/21 forecast $7.30 -$7.90*
  Fonterra dividend   2018/19 final $6.35 2019/20 final $0.05
  Fonterra wet share price     NZX FCG = $5.15
    * before retentions      

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