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

Farm gate newsletter for June 27th 2021

News and analysis

LATEST MARKET PRICES

as June 27th -2021

 

      price range     high low
Saleyard prices ...              
LAMB ($/head) weighted average       Average      
Store    NI   20 -145 127   169 20
  SI   39 - 140 125   158 40
Prime NI   130 - 226 180   220 120
  SI   130 - 235 180   226 120
STEER (c/kg) 481-580 Lwt NI   272 -294 285   297 238
Prime SI   230 -290 268   297 200
               
    this 4 weeks 3 months 1 year 52 week
    week ago ago ago high low
Processor prices ...              
LAMB ($) including 1kg woolly pelt              
17.5 kg YX NI 143 135 115 123 143 113
  SI 138 129 108 116 138 107
Local trade (c/kg) NI 800 750 660 700 800 650
  (16-22kg) SI 815 750 650 700 815 640
MUTTON ($/hd) gross NI 134 127 114 104 134 97
(21.0kg MX1) SI 138 127 112 100 138 92
BEEF (c/kg)              
P2 steer NI 550 518 483 513 550 483
  (270-295kg) SI 529 483 438 467 529 431
M2 Bull NI 540 508 483 515 540 473
  (296-320kg) SI 469 428 406 423 469 403
Local Trade P2 NI 558 528 508 488 578 488
  (180-280kg) SI 520 470 460 470 550 460
VENISON ($/hd) gross              
  AP Stag 60kg NZ 332 332 317 363 384 312
               
WOOL indicator auction prices (c/kg, clean) SI         Source: WSI, NZ Merino
  Mid mic (23.1-31.5)   526 839 958 687 958 471
  Fine Xbrd (31.6-35.0)   263 248 265 206 301 200
  Coarse Xbrd (>35 mic)   284 242 261 190 284 182
 Merino   1767 1465 1208

1252

2550 1040
Lambs wool  (28-31 micron)   258 226 279 206 308 178
DAIRY ($/tonne)              
  Butter   6,530 6,803 7,970 5,600 8,121 4,853
  Skim milk powder   4,751 4,758 4,676 4,062 4,787 3,868
  Wholemilk powder   5,658 5,691 5,693 4,404 6,093 4,223
 Cheese - cheddar   6,127 5,964 6,164 5,653 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 = $3.24
    * before retentions      

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