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

Farm gate newsletter for August 27th 2023

News and analysis

LATEST MARKET PRICES

as August 27th 2023.

      price range     high (Av last 12mths) low (av last 12 mths)
Saleyard prices ...              
LAMB ($/head) weighted average Average  
Store    NI   30 -146

105

  152 78
  SI   50 -129 105   148 81
Prime NI   75 - 185 130   203 108
  SI   75 - 172 144   229 114
STEER (c/kg) 481-580 Lwt NI   280- 323 306   358 248
Prime SI   250 - 309 282    346 226
               
    this 4 weeks 3 months 1 year 52 week
    week ago ago ago high low
Processor prices ...              
LAMB ($) including 1kg woolly pelt    
17.5 kg YX  NI 119 120 129 162 166 119
  SI 114 116 123 159 163 111
Local trade (c/kg) NI 730 710 770 940 940 700
(16-22kg) SI 710 725 770 960 960 700
MUTTON ($/hd) gross NI 73 74 94 135 135 73
(21.0kg MX1) SI 67 71 95 131 131 67
BEEF (c/kg)              
P2 steer NI 570 545 580 640 675 545
(270-295kg) SI 516 519 543 613 633 498
M2 Bull NI 555 540 553 610 625 523
(296-320kg) SI 459 463 483 548 556 461
Local Trade P2 NI 608 568 598 678 688 558
(180-280kg) SI 585 570 570 650 630 550
VENISON ($/hd) gross              
AP Stag 60kg NZ 530 530 530 504 537 500
               
WOOL indicator auction prices (c/kg, clean)  
Mid mic (23.1-31.5) Av 490 535 732

629

766 490
Fine xbrd (31.6-35) Av 343 342 341 426 426 340
Coarse xbrd (>35 m) Av 303 301 332 298 362 254
Merino Av 1335 1335 1335 3120 3120 1335
Lambs (28-31 mic) Av 304 304 349 288 345 272
DAIRY ($/tonne)          
  Butter   7,691 7,639 8,384 8,478 9,571 7,001
  SMP   3,953 4,064 4,576 5,741 6,338 3,941
  WMP   4,317 5,033 5,366 5,567 6,671 4,304
  Cheddar   6,993 6,421 7,290 8,154 9,198 6,411
               
  Fonterra milk price   2021/22 final payout $9.30* 2022/23 forecast $7.50 -$6.00*($6.75)
  Fonterra dividend   2021/22 final payout $0.20  2022/23 forecast $0.65-$0.80
      NZX FCG = $2.50
    * before retentions      

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