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

Farm gate newsletter for December 9th- 2018

News and analysis

LATEST MARKET PRICES

as at December 9th 2018

      Current     52 week 
      price range     high low
Saleyard prices ...              
LAMB ($/head) weighted average       Average      
Store NI   78 - 116

101.50

  177 10
  SI   80 - 112

102

  170 20
Prime NI   138 - 173 155   234 85
  SI   124 - 180

165

  230 95
STEER (c/kg) 481-580 Lwt NI  

290 - 295

 

291.70   336 258
Prime SI    270 - 280  275.33   341 220
               
    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 131.56 139.44 146

119.23

146 84.82
  SI 127.53

132.56

136.28 118.99 136.72 82.82
Local trade (c/kg) NI 795 805 795 700 835 440
  (16-22kg) SI 790 790 810 730 840 370
MUTTON ($/hd) gross NI 105.74 106.79 113.09 95.19 113.09 58.38
(21.0kg MX1) SI 103.64 105.74 109.15 92.12 112.82 57.55
BEEF (c/kg)              
P2 steer NI 517.50 535 580 532 580 495
  (270-295kg) SI 490 508.75 537.5 512 542 453
M2 Bull NI 470 475 518 522 545 460
  (296-320kg) SI 445 456 483

502

535 450
Local Trade P2 NI 547.5 563 600 560 610 510
  (180-280kg) SI 530 550 590 560 600 530
VENISON ($/hd) gross              
  AP Stag 60kg NZ 629 660 679 633 689 466
               
WOOL indicator auction prices (c/kg, clean) SI         Source: WSI, NZ Merino
  Mid mic (23.1-31.5)   1067 955 1245 982 1557 727
  Fine Xbrd (31.6-35.0)   425 393 454 348 465 302
  Coarse Xbrd (>35 mic)   296 315 349 304 399 267
 Merino   2428

2596

2239 1588 2468 1588
Lambs wool  (28-31 micron)       453   620 425
DAIRY ($/tonne)              
  Butter  

5,684

6,921 7,024 7,103 8,874 6,055
  Skim milk powder   2,951 3,257 3,113 2,580 3,624 2,506
  Wholemilk powder   3,898 4,108 4,518 4,155 4,865 4,048
  Cheese - cheddar   5,028 5,255 5,771 5,473 6,120 4,853
               
  Fonterra milk price   2017/18 final $6.69 2018/19 forecast $6.00 -$6.30*
  Fonterra dividend   2017/18 final $0.10 2018/19 forecast 0.25 - 35c
  Fonterra wet share price     NZX FCG = $4.70
    * 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 »