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

Farm gate newsletter for October 21st 2015

News and analysis

LATEST MARKET PRICES

as at Wednesday, October 21st 2015

      Current     52 week 
      price range     high low
Saleyard prices ...              
LAMB ($/head) weighted average              
Store NI   80 - 114     102 57
  SI   81 - 94     94 48
Prime NI   108 - 122     134 83
  SI   112 - 124     132 91
STEER (c/kg) 481-580 Lwt NI   320 - 323     327 246
Prime SI   315 - 321     331 244
               
    this 4 weeks 3 months 1 year 52 week
    week ago ago ago high low
Processor prices ...              
LAMB ($) including 1kg woolly pelt              
17.5 kg YX   104.07 102.90 88.61 109.61 111.36 86.28
  SI 108.15 109.92 88.61 105.28 108.15 82.72
Local trade (c/kg) NI 625 600 525 660 700 515
  (16-22kg) SI 610 570 540 650 670 500
MUTTON ($/hd) gross NI 65.73 64.47 61.95 72.87 79.38 60.90
(21.0kg MX1) SI 59.44 56.50 55.45 63.55 71.32 53.14
BEEF (c/kg)              
P2 steer NI 595 603 562 527 603 470
  (270-295kg) SI 570 575 535 485 575 440
M2 Bull NI 525 557 542 520 582 447
  (296-320kg) SI 487 492 492 452 515 405
Local Trade P2 NI 600 600 560 565 610 487
  (180-280kg) SI 600 590 560 510 600 470
VENISON ($/hd) gross              
  AP Stag 60kg NZ 517 513 410 464 518 376
               
WOOL indicator auction prices (c/kg, clean)           Source: WSI
  Mid mic (23.1-31.5)3   987 1061 1008 800 1061 774
  Fine Xbrd (31.6-35.0)   632 668 635 551 696 518
  Coarse Xbrd (>35 mic)   599 600 561 532 614 472
 Merino   1446 1561   1353 1561 1301
               
DAIRY ($/tonne)              
  Butter   4,670 4,699 4,415 3,526 5,393 3,526
  Skimmilk powder   3,144 3,047 2,937 3,380 3,941 2,291
  Wholemilk powder   4,063 3,618 3,240 3,323 4,739 2,614
  Cheese - cheddar   4,707 4,719 4,890 5,016 5,180 4,395
               
  Fonterra milk price   2014/15 final $4.40 2015/16 forecast $4.60*
  Fonterra dividend   2014/15 final $0.25 2015/16 forecast $0.40 - $0.50c
  Fonterra wet share price   $7.92 NZX FCG = $5.36
    * before retentions      
Farms for sale   2,139 1,965 2,108 2,722    
Farm prices per hectare - (REINZ)   $26,020 $27,872 $29,141 $26,000    

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