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

Farm gate newsletter for August 8th 2021

News and analysis

LATEST MARKET PRICES

as August 8th -2021

 

      price range     high low
Saleyard prices ...              
LAMB ($/head) weighted average       Average      
Store    NI   78 -193 122   195 20
  SI  

40 -156

126   165 40
Prime NI   140 -279 210   279 120
  SI   143 - 274 209   226 120
STEER (c/kg) 481-580 Lwt NI   223 -311 293   297 238
Prime SI   299 -339 321   297 200
               
    this 4 weeks 3 months 1 year 52 week
    week ago ago ago high low
Processor prices ...              
LAMB ($) including 1kg woolly pelt              
17.5 kg YX NI 157 149 129 125 157 113
  SI 152 142 122 118 152 107
Local trade (c/kg) NI 890 800 750 720 890 650
  (16-22kg) SI 900 815 720 720 900 640
MUTTON ($/hd) gross NI 139 135 124 105 139 97
(21.0kg MX1) SI 143 141 119 102 143 92
BEEF (c/kg)              
P2 steer NI 583 578 503 528 583 483
  (270-295kg) SI 558 538 449 478 558 431
M2 Bull NI 555 555 493 520 555 473
  (296-320kg) SI 528 484 411 452 528 403
Local Trade P2 NI 598 558 528 555 598 488
  (180-280kg) SI 580 520 470 520 580 460
VENISON ($/hd) gross              
  AP Stag 60kg NZ 365 332 320 363 384 312
               
WOOL indicator auction prices (c/kg, clean) SI         Source: WSI, NZ Merino
  Mid mic (23.1-31.5)   683 580 958 676 958 471
  Fine Xbrd (31.6-35.0)   318 245 265 274 318 200
  Coarse Xbrd (>35 mic)   319 296 231 208 319 182
 Merino   2026 1767 1208

1252

2133 1040
Lambs wool  (28-31 micron)   298 279 261 217 308 178
DAIRY ($/tonne)              
  Butter   6,547 6,370 6,918 5,206 8,121 4,853
  Skim milk powder   4,309 4,467 4,717 3,911 4,787 3,868
  Wholemilk powder   5,133 5,522 5,654 4,547 6,093 4,223
 Cheese - cheddar   6,368 5,643 5,872 5,403 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 = $3.23
    * before retentions      

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