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

Farm gate newsletter for August 28th 2022

News and analysis

LATEST MARKET PRICES

as August 28th 2022.

      price range     high (Av) low (av)
Saleyard prices ...              
LAMB ($/head) weighted average       Average      
Store    NI   10 - 199 148   147 72
  SI   40 - 199 132   146 96
Prime NI   100- 299 200   215 135
  SI   100 - 300 200   265 154
STEER (c/kg) 481-580 Lwt NI   305 -348 327   339 254
Prime SI   290 - 354 324    338 223
               
    this 4 weeks 3 months 1 year 52 week
    week ago ago ago high low
Processor prices ...              
LAMB ($) including 1kg woolly pelt              
17.5 kg YX NI 162 160 150 157 163 135
  SI 159 158 150 153 159 129
Local trade (c/kg) NI 930 900 850 900 940 650
  (16-22kg) SI 950 930 850 910 950 640
MUTTON ($/hd) gross NI 135 133 127 139 149 107
(21.0kg MX1) SI 131 131 124 143 145 104
BEEF (c/kg)              
P2 steer NI 640 610 595 595 640 483
  (270-295kg) SI 613 603 573 558 613 431
M2 Bull NI 610 595 585 555 610 535
  (296-320kg) SI 548 541 523 519 597 457
Local Trade P2 NI 678 618 598 608 678 488
  (180-280kg) SI 640 620 580 610 640 460
VENISON ($/hd) gross              
  AP Stag 60kg NZ 504 491 479 393 504 332
               
WOOL indicator auction prices (c/kg, clean) Av          
  Mid mic (23.1-31.5)   629 592 640 658 830 526
  Fine Xbrd (31.6-35.0)   426 405 349 355 428 245
Coarse Xbrd (>35 mic)   298 303 320

315

320 254
Merino   3120 1760 1743 1148 3120 1148
Lambs wool  (28-31 micron)   288 278 301 298 345 258
DAIRY ($/tonne)              
  Butter   8,478 8,979 8,796 6,807 10,393 5,643
  Skim milk powder   5,741 6,459 6,296

4,354

6,891 4,292
  Wholemilk powder   5,567 6,297 6,081 5,068 6,979 4,292
 Cheese - cheddar   8,154 7,803 8,620 5,969 9,557 5,696
               
  Fonterra milk price  

2021/22 forecast $9.10 -$9.50*

($9.30)

2022/23 forecast $8.50 -$10.00*($9.25)
  Fonterra dividend   2021/22 forecast $0.20 - $0.35 2022/23 forecast $0.30 -$0.45
      NZX FCG = $2.60
    * before retentions      

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