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

Farm gate newsletter for February 22nd, 2017

News and analysis

LATEST MARKET PRICES

as at Wednesday, February 22nd 2017

      Current     52 week 
      price range     high low
Saleyard prices ...              
LAMB ($/head) weighted average              
Store NI   62 - 78     109 63
  SI   73 - 76     93 61
Prime NI   85 - 106     130 87
  SI   98 - 103     126 83
STEER (c/kg) 481-580 Lwt NI   256 - 266     301 263
Prime SI   297 - 301     307 260
               
    this 4 weeks 3 months 1 year 52 week
    week ago ago ago high low
Processor prices ...              
LAMB ($) including 1kg woolly pelt              
17.5 kg YX NI 86.28 84.82 92.11 80.15 102.03 81.32
  SI 83.11 82.82 992.11 77.23 101.44 77.23
Local trade (c/kg) NI 525 515 575 495 595 495
  (16-22kg) SI 530 520 550 490 590 470
MUTTON ($/hd) gross NI 64.05 61.32 59.22 49.98 64.05 49.98
(21.0kg MX1) SI 62.73 60.42 58.39 44.95 62.73 44.95
BEEF (c/kg)              
P2 steer NI 515 515 517 495 552 495
  (270-295kg) SI 503 503 505 490 535 488
M2 Bull NI 470 470 477 467 527 467
  (296-320kg) SI 457 450 455 438 473 438
Local Trade P2 NI 530 510 540 540 590 510
  (180-280kg) SI 540 530 530 550 570 500
VENISON ($/hd) gross              
  AP Stag 60kg NZ 482 466 474 437 534 437
               
WOOL indicator auction prices (c/kg, clean)           Source: WSI
  Mid mic (23.1-31.5)3 NI/SI   727 735   928 727
  Fine Xbrd (31.6-35.0)   359 376 428 589 600 344
  Coarse Xbrd (>35 mic)   346 371 433 564 579 336
  Lamb   355 415   686 686 344
               
DAIRY ($/tonne)              
  Butter   6,282 6,156 5,798 4,329 6,296 3,690
  Skimmilk powder   3,455 3,339 3,305 2,705 3,455 2,405
  Wholemilk powder   4,607 4,434 4,384 2,936 4,607 2,798
  Cheese - cheddar   5,409 5,252 5,150 4,254 5,409 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 = $6.39

    * before retentions      
Farms for sale   1,728 1,684 1,764 2,095    
    $27,058 $27,774 $25,974 $27,395    

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