Heavier lamb prices slipped but lighter lambs did well at Christchurch livestock sales.
Heavier prime and store lambs had mixed results at Coalgate.
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Prime lambs ranged from $85 to $125 at Christchurch livestock sales.
Stock values were steady at Coalgate sales.
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Heavy ewes made $105-$120 in a rising market in Christchurch.
Prime ewes were in demand, making as much as $120 at Coalgate livestock sales.
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Crossbred wool values continued their slide at Christchurch.
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Farmers are prepared to pay more for store lambs after rain increased the likelihood of more pasture growth.
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New Zealand says Wales has nothing to worry about from lamb exports.
Emerging fruit crops are helping to increase demand for horticultural land.
The velvet season is expected to be average, with prices back 15 to 20 per cent on last year.
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Heavy lambs retreat to $100-$108, but ewes prices make a big gain at Christchurch sales
The best ewes climbed to $132 as the market remained unchanged at Coalgate livestock sales.
As expected, Silver Fern Farms has posted a poor earnings result for the year, with after- tax loss of $30.6m.
Wool prices have yet to come out of their slump.
The velvet season is off to a sluggish start with sales volumes lower than usual for this time of the year.
Beef prices will continue to be relatively buoyant next year, but increased production will put pressure on.
It was a nostalgic day for farmers and stock agents when the Tinwald stock saleyards hosted its final auction on Tuesday.
Small store lambs were in demand, but prime lamb prices eased.
A total of 3610 lambs went under the hammer and all were sold.
Confounding expectations, merino wool continued its market climb, thanks to demand for non-mulesing wool.
Prime ewes sold for as much as $136 at Christchurch sales.
Prices lifted $5 a head in the biggest ewe yarding of the season at Coalgate.