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

Farm gate newsletter for January 11th 2017

News and analysis

LATEST MARKET PRICES

as at Wednesday, January 11th 2017

      Current     52 week 
      price range     high low
Saleyard prices ...              
LAMB ($/head) weighted average              
Store NI   51 - 68     109 53
  SI   67 - 72     93 41
Prime NI   83 - 100     130 87
  SI   95 - 98     115 83
STEER (c/kg) 481-580 Lwt NI   265 - 274     302 254
Prime SI   301 - 312     307 260
               
    this 4 weeks 3 months 1 year 52 week
    week ago ago ago high low
Processor prices ...              
LAMB ($) including 1kg woolly pelt              
17.5 kg YX NI 85.69 88.61 101.44 86.86 102.03 80.15
  SI 83.40 86.61 110.14 84.53 101.44 77.23
Local trade (c/kg) NI 545 555 595 515 595 495
  (16-22kg) SI 530 550 590 510 590 470
MUTTON ($/hd) gross NI 60.48 58.38 59.22 54.18 59.35 49.98
(21.0kg MX1) SI 60.42 57.85 58.39 48.10 58.39 44.32
BEEF (c/kg)              
P2 steer NI 520 527 542 490 552 490
  (270-295kg) SI 507 512 528 492 535 482
M2 Bull NI 475 477 500 462 527 462
  (296-320kg) SI 450 458 468 440 473 435
Local Trade P2 NI 520 540 560 510 590 490
  (180-280kg) SI 530 530 560 510 570 477
VENISON ($/hd) gross              
  AP Stag 60kg NZ 469 469 530 423 534 423
               
WOOL indicator auction prices (c/kg, clean)           Source: WSI
  Mid mic (23.1-31.5)3 NI 727 735 840 952 952 727
  Fine Xbrd (31.6-35.0)   409 411 489 600 630 403
  Coarse Xbrd (>35 mic)   399 413 474 556 594 396
  Lamb   414     748 758 414
               
DAIRY ($/tonne)              
  Butter   6,256 6,079 5,443 4,726 6,296 3,690
  Skimmilk powder   3,422 3,292 3,430 2,877 3,430 2,405
  Wholemilk powder   4,580 4,564 4,042 3,202 4,727 2,798
  Cheese - cheddar   5,329 5,208 5,111 4,841 5,394 3,654
               
  Fonterra milk price   2015/16 final $3.90 2016/17 forecast $6.00*
  Fonterra dividend   2015/16 final $0.40 2016/17 forecast 0.50-0.60c
  Fonterra wet share price   $7.92

NZX FCG = $6.11

    * before retentions      
Farms for sale   1,567 1,737 1,628 2,048    
    $25,974 $26,825 $26,492 $27,579    

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