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

Farm gate newsletter for September 4th 2022

News and analysis

LATEST MARKET PRICES

as September 4th 2022.

      price range     high (Av) low (av)
Saleyard prices ...              
LAMB ($/head) weighted average       Average      
Store    NI   70 - 180 121   147 72
  SI   40 - 197 148   148 96
Prime NI   99 - 299 200   215 135
  SI   120 - 305 213   265 154
STEER (c/kg) 481-580 Lwt NI   307 - 364 331   339 254
Prime SI   318 - 364 347    347 223
               
    this 4 weeks 3 months 1 year 52 week
    week ago ago ago high low
Processor prices ...              
LAMB ($) including 1kg woolly pelt              
17.5 kg YX NI 165 161 153 157 165 135
  SI 160 159 151 153 160 129
Local trade (c/kg) NI 940 920 860 900 940 650
  (16-22kg) SI 960 940 880 910 960 640
MUTTON ($/hd) gross NI 135 134 128 139 149 107
(21.0kg MX1) SI 130 131 124 143 145 104
BEEF (c/kg)              
P2 steer NI 655 625 595 595 655 483
  (270-295kg) SI 613 606 579 558 613 431
M2 Bull NI 610 600 585 555 610 535
  (296-320kg) SI 548 544 526 519 597 457
Local Trade P2 NI 678 648 598 628 678 488
  (180-280kg) SI 650 640 600 630 650 460
VENISON ($/hd) gross              
  AP Stag 60kg NZ 504 494 479 396 504 332
               
WOOL indicator auction prices (c/kg, clean) Av          
  Mid mic (23.1-31.5)   619 633 640 658 830 526
  Fine Xbrd (31.6-35.0)   425 420 350 355 428 245
Coarse Xbrd (>35 mic)   298 303 318

315

320 254
Merino   2623 1760 1743 1148 3120 1148
Lambs wool  (28-31 micron)   273 283 298 298 345 258
DAIRY ($/tonne)              
  Butter   8,516 8,324 8,839 6,547 10,393 5,643
  Skim milk powder   5,767 5,647 6,327

4,309

6,891 4,292
  Wholemilk powder   5,592 5,679 6,048 5,133 6,979 4,292
 Cheese - cheddar   8,190 7,689 8,663 6,368 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 = $2.63
    * before retentions      

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