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

Farm gate newsletter for November 28th 2021

News and analysis

LATEST MARKET PRICES

as November 28th 2021

      price range     high low
Saleyard prices ...              
LAMB ($/head) weighted average       Average      
Store    NI   52 -148 111   200 20
  SI   76 -121 103   194 40
Prime NI   130 -235 183   290 120
  SI   120 - 241 181   376 120
STEER (c/kg) 481-580 Lwt NI   304 - 355 325   353 238
Prime SI   302 - 343 321   350 200
               
    this 4 weeks 3 months 1 year 52 week
    week ago ago ago high low
Processor prices ...              
LAMB ($) including 1kg woolly pelt              
17.5 kg YX NI 160 163 157 121 163 113
  SI 155 158 153 117 159 107
Local trade (c/kg) NI 940 940 900 710 940 650
  (16-22kg) SI 930 940 910 720 940 640
MUTTON ($/hd) gross NI 140 149 139 112 149 97
(21.0kg MX1) SI 138 144 143 109 145 92
BEEF (c/kg)              
P2 steer NI 618 635 595 515 635 483
  (270-295kg) SI 594 604 558 463 607 431
M2 Bull NI 600 610 555 505 610 473
  (296-320kg) SI 541 553 519 442 597 403
Local Trade P2 NI 648 648 608 538 648 488
  (180-280kg) SI 620 620 610 510 630 460
VENISON ($/hd) gross              
  AP Stag 60kg NZ 413 417 393 336 419 312
               
WOOL indicator auction prices (c/kg, clean) Av          
  Mid mic (23.1-31.5)   707 687 658 729 958 471
  Fine Xbrd (31.6-35.0)   288 268 355 267 400 200
  Coarse Xbrd (>35 mic)   281 268 315 220 319 182
 Merino   1638 1912 1148 1303 2520 1040
Lambs wool  (28-31 micron)   327 266 298 186 308 178
DAIRY ($/tonne)              
  Butter   8,116 7,133 6,807 5,467 8,121 4,853
  Skim milk powder   5,391 4,747

4,354

3,987 5,150 3,868
  Wholemilk powder   5,847 5,308 5,068 4,326 6,093 4,223
 Cheese - cheddar   7,570 6,177 5,969 5,187 7,182 5,100
               
  Fonterra milk price   2020/21 final $7.54 2021/22 forecast $7.90 -$8.90*($8.40)
  Fonterra dividend   2020/21 final $0.20 2021/22 forecast $0.25 -$0.40
  Fonterra wet share price   2021-22 forecast $7.25 - $8.75 ($8.00) NZX FCG = $3.14
    * before retentions      

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