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

Farm gate newsletter for Nov 15th 2017

News and analysis

LATEST MARKET PRICES

as at Wednesday, Nov 15th 2017

      Current     52 week 
      price range     high low
Saleyard prices ...              
LAMB ($/head) weighted average              
Store NI   81 - 105     128 58
  SI   90 - 95     127 65
Prime NI   133 - 138     156 88
  SI   144 - 147     163 96
STEER (c/kg) 481-580 Lwt NI   298 - 312     309 261
Prime SI   298 - 306     313 285
               
    this 4 weeks 3 months 1 year 52 week
    week ago ago ago high low
Processor prices ...              
LAMB ($) including 1kg woolly pelt              
17.5 kg YX NI 118.94 118.94 113.98 93.57 118.94 84.82
  SI 119.21 118.55 111.99 94.15 119.21 82.82
Local trade (c/kg) NI 695 695 695 575 695 515
  (16-22kg) SI 710 700 680 560 710 520
MUTTON ($/hd) gross NI 100.80 87.15 84.69 59.22 100.80 58.38
(21.0kg MX1) SI 97.02 86.31 81.69 58.39 97.02 56.92
BEEF (c/kg)              
P2 steer NI 547 545 550 540 560 515
  (270-295kg) SI 526 522 525 527 542 503
M2 Bull NI 515 510 530 477 545 470
  (296-320kg) SI 497 487 500 458 510 450
Local Trade P2 NI 580 580 580 540 590 510
  (180-280kg) SI 560 560 570 540 600 530
VENISON ($/hd) gross              
  AP Stag 60kg NZ 599 589 556 486 599 471
               
WOOL indicator auction prices (c/kg, clean) NI         Source: WSI, NZ Merino
  Mid mic (23.1-31.5)   791 888   766 1068 727
  Fine Xbrd (31.6-35.0)   360 330 395 438 438 307
  Coarse Xbrd (>35 mic)   302 301 273 429 433 267
 Merino   1813 1719   1587 1777 1493
               
DAIRY ($/tonne)              
  Butter   8,337 8,270 8,177 5,747 8,874 5,747
  Skimmilk powder   2,615 2,715 2,753 3,276 3,624 2,588
  Wholemilk powder   4,195 4,310 4,413 4,345 4,765 4,150
  Cheese - cheddar   5,994 5,782 5,474 5,063 6,040 4,853
               
  Fonterra milk price   2016/17 final $6.12 2017/18 forecast $6.75*
  Fonterra dividend   2016/17 final $0.40 2017/18 forecast 0.40c
  Fonterra wet share price   $7.92

NZX FCG = $6.28

    * before retentions      
Farms for sale  this week60   1702 1438 1217 1768    
$ per hectare   $27,363 $27,928 $25,993 $26,825    

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