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

Farm gate newsletter for March 31st - 2019

News and analysis

LATEST MARKET PRICES

as at March 31st -2019

      Current     52 week 
      price range     high low
Saleyard prices ...              
LAMB ($/head) weighted average       Average      
Store NI   84 - 119 109.10   177 10
  SI   109 - 177 112.75   170 20
Prime NI   124 - 165 145   234 85
  SI   120 - 165 150   230 95
STEER (c/kg) 481-580 Lwt NI   252- 298 270   336 258
Prime SI    220 -270 254   341 220
               
    this 4 weeks 3 months 1 year 52 week
    week ago ago ago high low
Processor prices ...              
LAMB ($) including 1kg woolly pelt              
17.5 kg YX NI 120.63 119.75 127.63 124.23 146 119.48
  SI 113.09 113.09 121.63 120.30 136.72 112.66
Local trade (c/kg) NI 700 700 780 710 835 700
  (16-22kg) SI 700 720 780 710 840 700
MUTTON ($/hd) gross NI 104.16 105.74 106.79 94.01 113.09 96.11
(21.0kg MX1) SI 100.75 101.80 103.11 103.11 112.82 99.17
BEEF (c/kg)              
P2 steer NI 515 508 517.50 523 580 505
  (270-295kg) SI 476 471 494 505 539 471.25
M2 Bull NI 470 460 470 490 520 460
  (296-320kg) SI 445 440 455 478 488 440
Local Trade P2 NI 520 528 542 570 610 518
  (180-280kg) SI 500 510 530 560 590 500
VENISON ($/hd) gross              
  AP Stag 60kg NZ 542 560 609 642 689 542
               
WOOL indicator auction prices (c/kg, clean) SI         Source: WSI, NZ Merino
  Mid mic (23.1-31.5)   921 939 1067 1022 1557 751
  Fine Xbrd (31.6-35.0)   469 417 399 327 459 302
  Coarse Xbrd (>35 mic)   305 303 286 307 352 280
 Merino   2428 2596 2239 1588 2468 1588
Lambs wool  (28-31 micron)   555 576 659 625 620 425
DAIRY ($/tonne)              
  Butter   7,811 6,643 6,188 7,358 7,360 5,703
  Skim milk powder   3,795 3,964 3,536 2,742 4.202 2,506
  Wholemilk powder   5,011 4,514 4,052 4,512 4,860 3,911
  Cheese - cheddar   6,116 5,909 5,194 5,137 6,120 4,853
               
  Fonterra milk price   2017/18 final $6.69 2018/19 forecast $6.30 -$6.60*
  Fonterra dividend   2017/18 final $0.10 2018/19 forecast 0.15 - 25c
  Fonterra wet share price     NZX FCG = $4.25
    * before retentions      

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