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

Farm gate newsletter for November 11th 2015

News and analysis

LATEST MARKET PRICES

as at Wednesday, November 11th 2015

      Current     52 week 
      price range     high low
Saleyard prices ...              
LAMB ($/head) weighted average              
Store NI   68 - 95     94 57
  SI   44 - 55     90 44
Prime NI   109 - 116     1240 83
  SI   106 - 109     127 91
STEER (c/kg) 481-580 Lwt NI   284 - 292     327 246
Prime SI   292 - 296     331 244
               
    this 4 weeks 3 months 1 year 52 week
    week ago ago ago high low
Processor prices ...              
LAMB ($) including 1kg woolly pelt              
17.5 kg YX   97.36 104.07 90.94 111.36 110.19 86.28
  SI 104.07 108.15 91.53 106.44 108.15 82.72
Local trade (c/kg) NI 625 625 555 660 700 515
  (16-22kg) SI 620 610 550 650 670 500
MUTTON ($/hd) gross NI 66.15 64.47 64.47 78.75 79.38 60.90
(21.0kg MX1) SI 59.02 57.97 55.87 70.48 71.32 53.14
BEEF (c/kg)              
P2 steer NI 547 603 593 562 603 470
  (270-295kg) SI 532 575 568 518 575 450
M2 Bull NI 505 540 578 552 582 447
  (296-320kg) SI 467 492 512 497 515 425
Local Trade P2 NI 560 610 590 595 610 487
  (180-280kg) SI 570 600 590 520 600 470
VENISON ($/hd) gross              
  AP Stag 60kg NZ 495 518 425 452 518 376
               
WOOL indicator auction prices (c/kg, clean)           Source: WSI
  Mid mic (23.1-31.5)3   922 987 1055 774 1061 774
  Fine Xbrd (31.6-35.0)   619 669 668 568 696 518
  Coarse Xbrd (>35 mic)   584 610 578 549 619 472
 Merino   1415 1446   1348 1561 1301
               
DAIRY ($/tonne)              
  Butter   4,826 4,575 4,002 3,624 5,396 3,536
  Skimmilk powder   3,312 3,075 2,305 3,319 3,941 2,291
  Wholemilk powder   4,290 3,937 2,630 3,399 4,739 2,614
  Cheese - cheddar   4,903 4,761 4,421 4,962 5,091 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 = $5.39
    * before retentions      
Farms for sale   2,238 2,106 1,991 2,706    
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 »