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

Farm gate newsletter for June 10th 2023

News and analysis

LATEST MARKET PRICES

as June 10th 2023.

      price range     high (Av last 12mths) low (av last 12 mths)
Saleyard prices ...              
LAMB ($/head) weighted average Average  
Store    NI   12 -140 109   152 79
  SI   40 -146 111   148 81
Prime NI   115- 181 148   215 108
  SI   110 -200 155   265 114
STEER (c/kg) 481-580 Lwt NI   284 - 320 298   355 263
Prime SI   300 - 320 306    346 226
               
    this 4 weeks 3 months 1 year 52 week
    week ago ago ago high low
Processor prices ...              
LAMB ($) including 1kg woolly pelt    
17.5 kg YX  NI 132 128 125 154 166 120
  SI 124 122 116 153 163 111
Local trade (c/kg) NI 770 750 730 900 870 720
(16-22kg) SI 780 760 720 900 880 700
MUTTON ($/hd) gross NI 94 94 91 130 135 81
(21.0kg MX1) SI 93 95 83 127 131 74
BEEF (c/kg)              
P2 steer NI 580 580 580 595 670 558
(270-295kg) SI 543 539 513 579 633 498
M2 Bull NI 565 553 553 585 625 523
(296-320kg) SI 483 476 468 526 556 461
Local Trade P2 NI 598 598 598 598 658 588
(180-280kg) SI 580 560 550 600 630 550
VENISON ($/hd) gross              
AP Stag 60kg NZ 530 530 530 479 537 474
               
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) Av 341 341 352 349 428 330
Coarse xbrd (>35 m) Av 354 323 299 310 354 254
Merino Av 1335 1335 1335 1743 3120 1335
Lambs (28-31 mic) Av 304 280 303 332 345 272
DAIRY ($/tonne)          
  Butter   8308 7,979 7,958 9,536 10,396 7,001
  SMP   4,499 4,495 4,449 6,664 6,891 4,124
  WMP   5,181 5,210 5,323 6,535 6,979 4,882
  Cheddar   7,296 7,794 7,325 8,432 9,557 6,485
               
  Fonterra milk price   2021/22 final payout $9.30* 2022/23 forecast $8.10 -$8.30*($8.20)
  Fonterra dividend   2021/22 final payout $0.20  2022/23 forecast $0.65-$0.80
      NZX FCG = $3.02
    * before retentions      

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