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

Farm gate newsletter for March 2nd 2016

News and analysis

LATEST MARKET PRICES

as at Wednesday, March 2nd 2016

      Current     52 week 
      price range     high low
Saleyard prices ...              
LAMB ($/head) weighted average              
Store NI   55 - 70     94 53
  SI   67 - 68     92 41
Prime NI   87 - 95     124 87
  SI   92 - 94     125 85
STEER (c/kg) 481-580 Lwt NI   265 - 276     322 246
Prime SI   283 - 286     331 244
               
    this 4 weeks 3 months 1 year 52 week
    week ago ago ago high low
Processor prices ...              
LAMB ($) including 1kg woolly pelt              
17.5 kg YX NI 80.15 85.11 91.53 86.28 104.07 80.15
  SI 77.23 82.48 91.82 82.78 106.40 77.23
Local trade (c/kg) NI 495 515 555 515 625 495
  (16-22kg) SI 490 500 550 520 620 490
MUTTON ($/hd) gross NI 49.98 51.87 63.42 61.32 67.20 49.98
(21.0kg MX1) SI 44.95 45.37 56.92 53.77 60.07 44.32
BEEF (c/kg)              
P2 steer NI 495 495 517 470 603 470
  (270-295kg) SI 490 490 515 450 575 450
M2 Bull NI 467 467 492 447 582 447
  (296-320kg) SI 438 438 462 428 515 425
Local Trade P2 NI 540 530 530 487 610 487
  (180-280kg) SI 550 520 540 470 600 470
VENISON ($/hd) gross              
  AP Stag 60kg NZ 437 431 449 377 518 376
               
WOOL indicator auction prices (c/kg, clean) NI         Source: WSI
  Mid mic (23.1-31.5)3 SI   952 945   1061 891
  Fine Xbrd (31.6-35.0)   600 621 633 557 696 537
  Coarse Xbrd (>35 mic)   579 577 593 496 619 489
  Lambs   678 748   651 769 641
               
DAIRY ($/tonne)              
  Butter   4,391 4,627 4,240 5,126 5,393 3,978
  Skimmilk powder   2,744 2,771 2,915 3,595 3,941 2,291
  Wholemilk powder   2,978 3,212 3,445 4,260 4,739 2,614
  Cheese - cheddar   4,316 4,530 4,771 4,926 5,091 4,254
               
  Fonterra milk price   2014/15 final $4.40 2015/16 forecast $4.15*
  Fonterra dividend   2014/15 final $0.25 2015/16 forecast $0.45 - $0.55c
  Fonterra wet share price   $7.92 NZX FCG = $5.96
    * before retentions      
Farms for sale   2,101 2,075 2,189 2,587    
    $27,395 $28,120 $27,579 $27,997    

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