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

Farm gate newsletter for July 9th 2023

News and analysis

LATEST MARKET PRICES

as July 9th 2023.

      price range     high (Av last 12mths) low (av last 12 mths)
Saleyard prices ...              
LAMB ($/head) weighted average Average  
Store    NI   30 -137 77   152 79
  SI   30 -125 95   148 81
Prime NI   80 - 173 139   215 108
  SI   110 -203 156   265 114
STEER (c/kg) 481-580 Lwt NI   267 - 339 292   355 263
Prime SI   286 - 310 295    346 226
               
    this 4 weeks 3 months 1 year 52 week
    week ago ago ago high low
Processor prices ...              
LAMB ($) including 1kg woolly pelt    
17.5 kg YX  NI 125 132 126 159 166 120
  SI 123 124 121 157 163 111
Local trade (c/kg) NI 730 770 730 900 900 720
(16-22kg) SI 760 780 740 930 930 700
MUTTON ($/hd) gross NI 84 94 93 134 135 81
(21.0kg MX1) SI 84 93 93 131 131 74
BEEF (c/kg)              
P2 steer NI 560 580 580 605 670 558
(270-295kg) SI 533 543 513 603 633 498
M2 Bull NI 550 565 553 588 625 523
(296-320kg) SI 469 483 471 541 556 461
Local Trade P2 NI 578 598 598 618 658 578
(180-280kg) SI 590 580 550 620 630 550
VENISON ($/hd) gross              
AP Stag 60kg NZ 530 530 530 486 537 474
               
WOOL indicator auction prices (c/kg, clean)  
Mid mic (23.1-31.5) Av 535 732 732 685 766 535
Fine xbrd (31.6-35) Av 342 341 341 359 428 330
Coarse xbrd (>35 m) Av 324 354 290 305 354 254
Merino Av 1335 1335 1335 1748 3120 1335
Lambs (28-31 mic) Av 304 304 343 278 345 272
DAIRY ($/tonne)          
  Butter   7,802 8,308 7,347 9,129 10,396 7,001
  SMP   4,069 4,499 4,124 6,567 6,891 4,069
  WMP   5,074 5,181 4,882 6,402 6,979 4,882
  Cheddar   7,067 7,296 6,663 7,933 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 = $3.20
    * before retentions      

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