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

Farm gate newsletter for June -10th - 2018

News and analysis

LATEST MARKET PRICES

as at June -10th - 2018

      Current     52 week 
      price range     high low
Saleyard prices ...              
LAMB ($/head) weighted average              
Store NI   98 - 132     150 10
  SI   85 - 135     148 20
Prime NI   130 - 200     211 85
  SI   135 - 208    

208

95
STEER (c/kg) 481-580 Lwt NI  

248 - 275

    336 261
Prime SI  

255- 271

    341 225
               
    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 136.91 130.96 123.79

107.86

136.91 84.82
  SI 132.10 124.01 118.98

105.21

132.10 82.82
Local trade (c/kg) NI 750 740 710 625 750 440
  (16-22kg) SI 750 730 710

640

750 370
MUTTON ($/hd) gross NI 105.74 104.86 98.91 79.80

110

58.38
(21.0kg MX1) SI 109.94 107.84 102.32 80.01

109.94

57.55
BEEF (c/kg)              
P2 steer NI 522.50 507.50 538 555 567 495
  (270-295kg) SI 500 498 515 527 542 453
M2 Bull NI 502.50

475

505

545

545 460
  (296-320kg) SI 473 463 485 507 515 450
Local Trade P2 NI 540 540 560 560 590 510
  (180-280kg) SI 530 530 560 570 600 530
VENISON ($/hd) gross              
  AP Stag 60kg NZ 651 642 631

534

651

466
               
WOOL indicator auction prices (c/kg, clean) SI         Source: WSI, NZ Merino
  Mid mic (23.1-31.5)   878 1168 920 727 1168 727
  Fine Xbrd (31.6-35.0)   345 373 323 400 424 302
  Coarse Xbrd (>35 mic)   352 353 315

359

399 267
 Merino   2438 2332 1679 1588 2468 1588
Lambs wool  (28-31 micron)  

489

476 620      
DAIRY ($/tonne)              
  Butter   8,228 8,084

7,512

7,898 8,874 6,055
  Skim milk powder  

3,274

2,836 2,722 2,875 3,624 2,506
  Wholemilk powder   4,789 4,787 4,514 4,433 4,865 4,048
  Cheese - cheddar   5,837 5,567 5,159 5,473 6,052 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 0.25-30c
  Fonterra wet share price   $7.92

NZX FCG = $5.15

    * 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 »