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

Farm gate newsletter for June 20th 2021

News and analysis

LATEST MARKET PRICES

as June 20th -2021

 

      price range     high low
Saleyard prices ...              
LAMB ($/head) weighted average       Average      
Store    NI   40 - 143 128   169 20
  SI   45 - 155 118   158 40
Prime NI   140 - 202 178   220 120
  SI   125 - 222 175   226 120
STEER (c/kg) 481-580 Lwt NI   269 - 282 275   297 238
Prime SI   237 - 287 270   297 200
               
    this 4 weeks 3 months 1 year 52 week
    week ago ago ago high low
Processor prices ...              
LAMB ($) including 1kg woolly pelt              
17.5 kg YX NI 140 134 115 122 140 113
  SI 135 127 108 116 136 107
Local trade (c/kg) NI 800 750 650 700 800 650
  (16-22kg) SI 800 730 630 700 800 640
MUTTON ($/hd) gross NI 132 124 113 104 132 97
(21.0kg MX1) SI 136 123 112 100 136 92
BEEF (c/kg)              
P2 steer NI 540 508 483 508 540 483
  (270-295kg) SI 516 468 438 462 516 431
M2 Bull NI 535 498 483 510 535 473
  (296-320kg) SI 458 416 406 421 458 403
Local Trade P2 NI 538 528 508 518 578 488
  (180-280kg) SI 500 470 460 470 550 460
VENISON ($/hd) gross              
  AP Stag 60kg NZ 332 330 317 362 384 312
               
WOOL indicator auction prices (c/kg, clean) SI         Source: WSI, NZ Merino
  Mid mic (23.1-31.5)   526 839 958 701 958 471
  Fine Xbrd (31.6-35.0)   263 248 265 206 301 200
  Coarse Xbrd (>35 mic)   273 237 261 193 273 182
 Merino   1767 2133 1208

1252

2550 1040
Lambs wool  (28-31 micron)   279 239 308 276 308 178
DAIRY ($/tonne)              
  Butter   6,654 6,877 7,900 5,614 8,121 4,853
  Skim milk powder   4,842 4,810 4,677 4,072 4,787 3,868
  Wholemilk powder   5,767 5,753 5,700 4,415 6,093 4,223
 Cheese - cheddar   6,244 6,029 5,933 5,667 6,935 5,100
               
  Fonterra milk price   2019/20 final $7.14 2020/21 forecast $7.45 -$7.65*($7.55)
  Fonterra dividend   2019/20 final $0.05 2020/21 final $0.30
  Fonterra wet share price   2021-22 forecast $7.25 - $8.75 ($8.00) NZX FCG = $2.08
    * before retentions      

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