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

Farm gate newsletter for Dec 20th 2017

News and analysis

LATEST MARKET PRICES

as at Wednesday, Dec 20th 2017

      Current     52 week 
      price range     high low
Saleyard prices ...              
LAMB ($/head) weighted average              
Store NI   49 - 73     128 58
  SI   67 - 79     127 66
Prime NI   113 - 118     156 88
  SI   111- 135     163 96
STEER (c/kg) 481-580 Lwt NI   268 - 280     309 261
Prime SI   282 - 306     313 285
               
    this 4 weeks 3 months 1 year 52 week
    week ago ago ago high low
Processor prices ...              
LAMB ($) including 1kg woolly pelt              
17.5 kg YX NI 118.07 122.44 118.36 87.16 122.44 84.82
  SI 117.46 120.52 117.02 84.86 120.52 82.82
Local trade (c/kg) NI 680 700 695 545 700 515
  (16-22kg) SI 720 730 700 550 730 520
MUTTON ($/hd) gross NI 94.14 100.50 85.68 58.38 100.80 58.38
(21.0kg MX1) SI 90.82 97.65 84.84 57.55 97.65 57.55
BEEF (c/kg)              
P2 steer NI 522 567 560 517 567 515
  (270-295kg) SI 515 535 530 508 542 503
M2 Bull NI 502 540 530 477 545 470
  (296-320kg) SI 497 515 495 458 515 450
Local Trade P2 NI 530 580 580 530 590 510
  (180-280kg) SI 550 560 570 530 600 530
VENISON ($/hd) gross              
  AP Stag 60kg NZ 618 614 582 469 618 466
               
WOOL indicator auction prices (c/kg, clean) SI         Source: WSI, NZ Merino
  Mid mic (23.1-31.5)   982 815 995 727 1068 727
  Fine Xbrd (31.6-35.0)   302 379 363 403 424 302
  Coarse Xbrd (>35 mic)   289 326 316 396 399 267
 Merino   1867 1813 1679 1588 1867 1588
               
DAIRY ($/tonne)              
  Butter   6,920 8,416 8,530 6,296 8,874 6,055
  Skimmilk powder   2,514 2,640 2,733 3,409 3,624 2,506
  Wholemilk powder   4,048 4,235 4,247 4,727 4,765 4,048
  Cheese - cheddar   5,332 6,052 5,726 5,394 6,052 4,853
               
  Fonterra milk price   2016/17 final $6.12 2017/18 forecast $6.40*
  Fonterra dividend   2016/17 final $0.40 2017/18 forecast 0.35-45c
  Fonterra wet share price   $7.92

NZX FCG = $6.38

    * before retentions      
Farms for sale  this week60   1692 1714 1210 1690    
$ per hectare   $26,802 $24,982 $27,928 $26,348    

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