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

Farm gate newsletter for August 29th 2021

News and analysis

LATEST MARKET PRICES

as August 29th 2021

      price range     high low
Saleyard prices ...              
LAMB ($/head) weighted average       Average      
Store    NI   80 -157 142   195 20
  SI   40 - 194 142   194 40
Prime NI   157 -255 206   290 120
  SI  

138 - 260

224   226 120
STEER (c/kg) 481-580 Lwt NI   283 - 330 301   338 238
Prime SI   278 - 345 312   341 200
               
    this 4 weeks 3 months 1 year 52 week
    week ago ago ago high low
Processor prices ...              
LAMB ($) including 1kg woolly pelt              
17.5 kg YX NI 157 156 135 123 157 113
  SI 153 151 129 116 153 107
Local trade (c/kg) NI 900 890 770 730 900 650
  (16-22kg) SI 910 900 760 730 910 640
MUTTON ($/hd) gross NI 139 139 127 105 139 97
(21.0kg MX1) SI 143 143 127 101 143 92
BEEF (c/kg)              
P2 steer NI 595 583 518 533 595 483
  (270-295kg) SI 558 554 483 483 561 431
M2 Bull NI 555 555 508 520 555 473
  (296-320kg) SI 519 513 428 455 523 403
Local Trade P2 NI 608 598 528 568 608 488
  (180-280kg) SI 610 580 480 550 610 460
VENISON ($/hd) gross              
  AP Stag 60kg NZ 393 361 332 377 393 312
               
WOOL indicator auction prices (c/kg, clean) SI         Source: WSI, NZ Merino
  Mid mic (23.1-31.5)   658 683 838 471 958 471
  Fine Xbrd (31.6-35.0)   355 282 248 232 355 200
  Coarse Xbrd (>35 mic)   315 309 242 210 319 182
 Merino   1148 2026 2133

1512

2133 1040
Lambs wool  (28-31 micron)   298 298 239 241 308 178
DAIRY ($/tonne)              
  Butter   6,907 6,345 6,803 4,999 8,121 4,853
  Skim milk powder   4,354 4,266 4,758 3,868 4,787 3,868
  Wholemilk powder   5,068 5,355 5,691 4,355 6,093 4,223
 Cheese - cheddar   5,969 5,775 5,964 5,105 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 = $3.08
    * before retentions      

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