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

Farm gate newsletter for May 21st 2023

News and analysis

LATEST MARKET PRICES

as May 21st 2023.

      price range     high (Av last 12mths) low (av last 12 mths)
Saleyard prices ...              
LAMB ($/head) weighted average Average  
Store    NI   30 -156 122.6   152 79
  SI   65 -159 117   148 81
Prime NI   100 - 196 148   215 108
  SI   120 -208 164   265 114
STEER (c/kg) 481-580 Lwt NI   229 - 318 293   355 263
Prime SI   238 - 304 273    346 226
               
    this 4 weeks 3 months 1 year 52 week
    week ago ago ago high low
Processor prices ...              
LAMB ($) including 1kg woolly pelt    
17.5 kg YX  NI 129 127 122 148 166 120
  SI 122 121 111 148 163 111
Local trade (c/kg) NI 760 730 720 850 870 720
  (16-22kg) SI 770 740 700 850 870 700
MUTTON ($/hd) gross NI 94 93 87 127 135 81
(21.0kg MX1) SI 95 92 76 122 131 74
BEEF (c/kg)              
P2 steer NI 580 580 575 595 670 558
  (270-295kg) SI 543 516 503 566 633 498
M2 Bull NI 553 553 553 585 625 523
  (296-320kg) SI 479 471 461 523 556 461
Local Trade P2 NI 598 598 598 598 658 588
  (180-280kg) SI 570 550 560 580 630 550
VENISON ($/hd) gross              
  AP Stag 60kg NZ 530 530 531 479 537 474
               
WOOL indicator auction prices (c/kg, clean)  
  Mid mic (23.1-31.5) Av 732 732 732 640 766 588
  Fine Xbrd (31.6-35.0) Av 341 341 385 346 428 330
Coarse Xbrd (>35 mic) Av 323 284 282 320 323 254
Merino Av 1335 1335 1335 1743 3120 1335
Lambs wool  (28-31 micron) Av 395 352 320 301 345 272
DAIRY ($/tonne)          
  Butter   8,066 7,852 7,601 8,976 10,396 7,001
  SMP   4,402 4,521 4,531 6,425 6,891 4,124
  WMP   5,163 5,031 5,332 6,141 6,979 4,882
  Cheddar   7,014 7,184 7,977 8,796 9,557 6,485
               
  Fonterra milk price   2021/22 final payout $9.30* 2022/23 forecast $8.00 -$8.60*($8.30)
  Fonterra dividend   2021/22 final payout $0.20  2022/23 forecast $0.55-$0.75
      NZX FCG = $2.98
    * before retentions      

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