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

Farm gate newsletter for June 28th 2017

News and analysis

LATEST MARKET PRICES

as at Wednesday, June 28th 2017

      Current     52 week 
      price range     high low
Saleyard prices ...              
LAMB ($/head) weighted average              
Store NI   93 - 113     109 58
  SI   104 - 107     106 65
Prime NI   125 - 140     133 88
  SI   134 - 139     137 96
STEER (c/kg) 481-580 Lwt NI   296 - 316     306 261
Prime SI   282 - 305     308 286
               
    this 4 weeks 3 months 1 year 52 week
    week ago ago ago high low
Processor prices ...              
LAMB ($) including 1kg woolly pelt              
17.5 kg YX NI 110.78 106.01 93.86 89.48 110.78 84.82
  SI 110.46 104.33 90.11 88.03 110.46 82.82
Local trade (c/kg) NI 645 625 575 545 645 515
  (16-22kg) SI 660 630 550 520 660 520
MUTTON ($/hd) gross NI 84.69 78.33 70.03 55.02 84.69 55.02
(21.0kg MX1) SI 84.00 78.96 67.98 48.94 84.00 48.94
BEEF (c/kg)              
P2 steer NI 555 540 535 527 555 515
  (270-295kg) SI 542 527 520 505 542 503
M2 Bull NI 545 522 527 515 545 470
  (296-320kg) SI 510 501 493 468 510 450
Local Trade P2 NI 560 560 560 550 590 510
  (180-280kg) SI 600 570 560 530 600 530
VENISON ($/hd) gross              
  AP Stag 60kg NZ 543 531 496 449 543 449
               
WOOL indicator auction prices (c/kg, clean)           Source: WSI
  Mid mic (23.1-31.5)3 SI       864 928 727
  Fine Xbrd (31.6-35.0)   400 403 417 552 548 344
  Coarse Xbrd (>35 mic)   345 370 392 529 529 336
  Lamb   394 411 431 560 560 344
               
DAIRY ($/tonne)              
  Butter   7,922 7,445 6,722 3,944 7,956 3,853
  Skimmilk powder   2,881 2,831 3,103 2,629 3,624 2,568
  Wholemilk powder   4,287 4,595 4,203 2,984 4,765 2,915
  Cheese - cheddar   5,281 5,183 5,126 4,050 5,562 3,905
               
  Fonterra milk price   2015/16 final $3.90 2016/17 forecast $6.15*
  Fonterra dividend   2015/16 final $0.40 2016/17 forecast 0.40c
  Fonterra wet share price   $7.92

NZX FCG = $5.99

    * before retentions      
Farms for sale  this week   1,337 1,450 1,728 1,669    
$ per hectare   $27,212 $28,368 $27,395 $26,683    

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