Rural 18
Ashburton Guardian
Tuesday, December 17, 2013
www.guardianonline.co.nz
■ WOOL PRICES
Selling, buying or investing in rural properties? Call the rural team at Ray White today for advice. Mid Canterbury Real Estate Ltd Licensed Sales Person (REAA 2008)
Mike Grant 0212 720 202 Rakaia
Roger Burdett 0212 244 214
Jarrod Ross 027 259 4644
96 Tancred Street, Ashburton | Phone (03) 307 8317 | rwashburton.co.nz
Market Price Trends Week beginning December 16, 2013
L A M B ($) Including 1 kg Shorn Pelt this week 13.0kg YL SI 13.5kg YM SI 15.0kg YM SI 15.0kg YM NI 15.0kg YM Market Indicator 17.5kg YX SI 19.0kg YX SI 19.0kg YX NI 21.0kg YX SI 21.0kg YX NI 23.0kg YX SI
last 4 weeks 3 months week ago ago
41.77 62.01 80.44 84.22 61.33 93.08 100.29 107.13 109.90 118.46 111.41 41.77
42.99 63.28 81.85 85.72 61.47 94.73 102.08 109.33 111.87 120.89 113.57 41.77
47.88 68.35 87.49 90.13 62.63 101.31 109.22 114.61 119.77 126.73 122.22 41.77
6.72
6.72
6.72
1 Kg Shorn Pelt SI
1 year ago
44.89 37.36 64.88 57.04 83.64 74.74 85.59 72.82 64.44 57.68 96.83 86.50 104.37 93.18 108.86 92.38 114.41 102.08 120.37 102.16 116.36 41.77 102.89 41.77 6.72 6.72
2013/14 Low High 41.77 62.01 80.44 84.22 60.35 93.08 100.29 107.13 109.90 118.46 111.41
* * * *
* * * * * * 6.72 *
2012/13 ave
48.89 37.30 69.41 56.79 88.66 74.59 92.79 74.56 63.55 59.57 102.67 86.29 110.70 92.93 117.98 94.72 121.41 101.79 130.45 104.75 124.02 105.47 6.72 * 6.74
M U T T O N ($) Including 0.5kg pelt 21kg MX1
SI
68.29
69.61
70.49
67.20
54.16
66.10
70.49
P2 Steer SI (296-320kg) NI P2 Steer Market Indicator
401 426 397
406 428 397
416 434 408
426 448 412
386 392 371
M Cow SI (160-195kg) NI M Cow Market Indicator
265 304 309
265 304 306
270 304 309
275 319 300
280 302 310
401 * 426 * 397 ** 265 * 304 * 294 *
Bull SI (296-320kg) NI Bull Market Indicator
396 395 376
396 397 377
406 401 384
411 407 373
386 401 387
396 * 395 * 372
57.68
B E E F (c/ kg) 416 437 412 * 270 311 313 * 406 401 389
382 395 388 260 292 299 372 388 381
Based on announced schedules with levies & charges deducted and published premiums included. For a valid comparison between the Islands, add $1.20 in Lamb and 7c/kg in Beef to the North Is values, because North Is Cos pay freight.
V E N I S O N ($/kg - gross) AP Hind 50kg AP Stag 60kg AP Stag 80kg
6.56 6.65 6.26
6.71 6.80 6.41
7.11 7.20 6.81
7.43 7.53 7.13
6.73 6.83 6.43
6.56 * 6.65 * 6.26 *
7.43 7.53 7.13
6.86 6.95 6.56
1380 970 780 705 485 450 450 470 530
1310 1000 810 700 590 590 585 580 510
1340 980 850 725 543 540 535 515 510
1420 1070 850 685 435 388 382 375 505
1285 910 780 670 485 450 450 450 495
1500 1010 850 740 630 625 625 600 530 *
1475 1047 848 714 440 399 386 372 501
391 420
397 419
402 415
449 422
338 408
473 443
417 422
4950 5740 6130 5430 13350
5160 5650 6270 5410 14010
4030 4080 3960 4510 11750
4630 5370 5800 5240 13190
W O O L Data: WSI Fine (21 microns) Medium (25 microns) Medium (27 microns) Medium (29 microns) Coarse (35 microns) Coarse (37 microns) Coarse (39 microns) 2nd Shear (37 microns-85mm) Lamb (31 micron-75mm)
* * * *
W H E A T ($NZ/Tonne) ASW (Aus standard White) NZ Free (12.5% protein)
DAIRY PRODUCT PRICES Butter (NZ$/tonne) Skim Milk powder Whole Milk Powder Cheddar Cheese Casein
5030 5860 6190 5820 13580
5450 6050 6570 5820 * 14550
4258 4446 4502 4926 11572
Prices are indicative only. They are compiled from an assessment of sales made worldwide on one-off basis in US $. Quota market sales and contracts are excluded. The prices are then converted to $NZ/t FOB at current exchange rates.
OVERSEAS
MEAT
UK PM Lamb (p/kg) CIF US Bull (USc/lb) CIF US Cow (USc/lb) CIF Venison Bone-in leg (E/Kg)
PRICES 430 208 202 6.40
425 207 196 6.40
0.825 0.505 0.600 3.79
0.828 0.515 0.615 3.53
395 197 187 6.40
330 223 211 6.40
395 202 192 6.40 *
430 * 209 202 * 6.40 *
355 209 194 6.43
0.863 0.561 0.659 3.79 *
0.809 0.511 0.630 2.74
FINANCE US Dollar UK Pound Euro 2 Year Wholesale Rate (%)
PROCESSING
D A T A (000)
Lamb SI Mutton SI Beef SI Information provided by NZX Agrifax
0 0 0.0
0.814 0.843 0.515 0.523 0.612 0.645 3.52 2.77 (Estimates only) 133 46 126 10 20 18 7.2 3.3 11.0
0.776 0.498 0.586 2.76 17 5 0.0 *
508 134 26.7
Note: * denotes a new low/high for season.
Prices continue to weaken Wool prices at the North Island sale comprising 6200 bales saw most types continue to weaken with a wider price range relativity developing between the better and poorer styles. There was a 66 per cent clearance with some growers unwilling to accept the sharp declines in some categories. The weighted indicator for the main trading currencies lifted by 0.67 per cent as the NZ dollar generally strengthened compared to the last sale on December 5. Mr Steel advises that crossbred fleece finer than 34 microns were 1 to 2 per cent cheaper. Longer fine shears received strongest support, lifting by 1 to 2 per cent with shorter types easing 4 to 6 per cent.
Crossbred fleece 35 micron and coarser saw good styles 5 to 8 per cent weaker with significant discounts of 10 to 17 per cent for poorer styles as volumes of this type become readily available. Coarse shears weakened 5 to 9 per cent with shorter types affected the least. Combing oddments were 6 to 9 per cent cheaper with short oddments 4 to 12 per cent easier. Limited competition with most markets inactive currently. Current purchasing is for older contracts requiring shipment prior to the Christmas break. This week’s sale comprises approximately 7200 bales from the North Island and 7500 bales from the South Island.
WOMEN’S INSTITUTE Netherby
President Adrienne Hodson welcomed 24 members to the November meeting. Secretary Patsy Huggins read the minutes from the October meeting. Members were thanked for taking first prize with the bay and third place for the tray at the AMP show. Also with three special prizes. Also discussed was the 50th anniversary in February. Our speaker Debbie Currey gave a most interesting report on a recent tour of Papua New Guinea. Motto – If you look like your passport you’re not well enough to travel. Roll call – How I was embarressed by a child, with some members as a child having many unusual things they have done or said. Biscuits for 206 Club was well responded to. Raffle was won by Ngaire Gibbs. There were three birthdays during the month. North Church Trophy went to Valmai Mitchell. Moylan Trophy went to Cora Petrie.
Rakaia
President Frances Nelson welcomed a good attendance of members and one visitor to our October meeting Congratulations were extended to Pat Duncan who was recently awarded the Papal Medal from the Pope, for her long-time commitment and dedication to the Rakaia Catholic Parish. President Frances reported on the half yearly meeting. Rakaia WI was delighted to be awarded second place in the AMP Show bay and tray competition; which included special awards for floral arrangement and presentation and very good points overall. The Monica Johnson Trophy was won by Natalie Gardiner and the raffle by Joan Ford. November .... President Frances Nelson welcomed members and two visitors to our meeting held in the Presbyterian Church Hall. Roll call: “Wear a rose and name it” brought forth a varied and interesting response. Our speaker was Mrs McKimmie a Rakaia JP and marriage celebrant, who gave us a very interesting talk on her work with the JP society. The Monica Johnson Trophy was won by Natalie Gardiner and raffle by June Ferrand.
Tinwald
President Joy welcomed members to our November meeting. Aspirations were recited. Our Link letter from Bere-Regis was read by Joy. A souvenir gift was sent to Mary via our correspondent Jan Walker. Roll call: Donations for Cholomondeley Home received an excellent response. Raffles were won by Colleen Cockburn and Joy Keen. Judy showed members how to make a Christmas decoration consisting of a candle and candy canes.
Wakanui
Our October meeting took place at the home of David and Tracey Fisher. We had 14 members present. Motto: Three ages of women. Young, Middle and Wonderful. Roll call: My idea of bliss. A book in a quiet place a popular bliss. Donation: Tin of fruit for St Vincent de Paul was well supported. Tracey talked and demonstrated the Enjo cleaning range. We were all very interested in cleaning with no chemicals.
Westpark
The November meeting was held at St Paul’s Church Lounge. President Mary Simpson welcomed 12 members, several apologies were received. Motto: Across the sea, our hands reach out in friendship. Roll call: Soft toys for St John. A large box was collected. Also an exchange of plants. Newsletter from national was received. Raffle was won by Mona Hayward. Birthday greetings to Margaret Moore. Our guest speaker was Jackie Boult from Alzheimer’s Canterbury.
Fairton
Magic Moments – They certainly were just that, and that’s where we spent our meeting for November; a week early so as to attend the show. Eight members really enjoyed every moment. Minutes were read and confirmed as was the bank balance.