Resources / Sheep

Two incomes, one flock: the KPIs behind both.

A dual-purpose flock earns its money both over the hook and over the wool table, and the same handful of numbers drives both. More lambs scanned and kept alive, a few more grams of daily gain, a sounder staple: these are the benchmarks that find the margin.

Stony Creek
2,400 Merino ewes760 ha grazing620 mm rainfallJuly lambingNon-mulesed2025–26 season
01 / Flock

Ewe condition score

The fat reserves of each ewe, scored from 1 to 5 by hand over the backbone.

CS 3.0 floorTwin-bearing 3.3Singles 3.0CS 2.03.04.0

Ewe mortality

Breeding ewes that die on farm each year, as a percentage of the flock.

Target 3%3.43.23.02.82023202420252026

Flock replacement rate

The percentage of the ewe flock replaced each year by ewe hoggets entering it.

22%Target 20–25%Ewe hoggets in · 530Retained ewes 78%
02 / Reproduction

Scanning rate

Foetuses scanned as a percentage of ewes joined, split into dries, singles and twins.

142%Twins 48% · 1,152Singles 46% · 1,104Dry 6% · 1443,408 foetuses scanned

Marking & weaning rate

Lambs marked and weaned as a percentage of ewes joined, with the losses at each stage.

Joined2,400100%Scanned3,408142%Marked2,802117%Weaned2,760115%144 dry · −606 scanning→marking · −42 marking→weaning

Lamb survival

Lambs marked as a percentage of foetuses scanned, split by birth type.

TARGET 92TARGET 7591%78%Singles · 1,005 of 1,104Twins · 1,797 of 2,304

Ewe flock efficiency

Total weaned-lamb weight as a percentage of the total weight of the ewes joined to produce it.

NZ mean 57%Weaned lamb77.3 t52%Mated ewe148.8 t
03 / Growth

Weaning weight

The average weight of the lambs on the day they are weaned.

avg 28kg · 45% of SRWTerminal-sired · 30kgMerino · 26.5kg202836kg

Post-weaning growth

Grams of liveweight gained per head per day between weighings, after weaning.

230150190ADG g/dayMIN–MAX RANGENOVDECJANFEB

Days to target weight

The number of days lambs take to grow from weaning weight to target sale weight.

Target 48kgFirst-draft mob liveweightMIN–MAX RANGE0 DAYS306090
04 / Carcase

Dressing percentage

The share of sale liveweight that becomes hot standard carcase weight.

100%46.5%48.0kg live22.3kg HSCW

Carcase compliance

The percentage of carcases in a consignment that meet the grid's weight and fat specification.

90%95%92%96%94%DecJanFebMarApr
05 / Wool

Greasy fleece weight

Kilograms of greasy wool cut per head at shearing, by stock class.

4.63.44.4Adult ewesHoggetsClip avg

Fibre diameter

The average thickness of the wool fibre in microns, the biggest single driver of wool price.

clip avg 18.6µmEwes 18.9µmHoggets 17.6µm1618.621µm

Wool yield

The percentage of greasy fleece weight left as clean wool after scouring.

68%Typical ~65%Clean wool 68%Wax, dirt & VM 32%

Staple length & strength

How long the wool staple is and how much force it takes to break it, the discount triggers.

38N/KTEX · STAPLE 88 MMTENDER <30PREMIUM 40+2050 N/KTEX

Wool cut per hectare

Kilograms of clean wool produced per grazing hectare, the wool analogue of net production.

You11.8District avg9.5Top 20%14
06 / Land

Stocking rate

The number of stock carried per hectare of grazing area, expressed in dry sheep equivalents.

avg 13.8Ewes+lambsWeanersHoggetsJanJulDec

Net production

Kilograms of lamb and sheep liveweight, plus clean wool, produced per hectare per year.

You185District avg200Top 20%290
07 / Financial

Cost of production

Total costs of producing lamb, including an owner wage, per kilogram of carcase weight sold.

560¢/ KG CWTOverheads 168¢Pasture & feed 129¢Labour 101¢Health & breeding 62¢Shearing & crutching 56¢Freight & other 44¢

Price received

The average price earned per kilogram of carcase weight, across every lamb sale for the year.

960¢880¢600¢905¢Trade lambsMerino lambsMuttonBlended

Gross margin per DSE

Gross revenue minus variable costs, divided by the dry sheep equivalents carried.

312636$402023202420252026

Enterprise income mix

Where each dollar of enterprise income comes from: lamb sales, wool, and cast-for-age sheep.

71¢21¢Lamb salesWoolCast ewes & rams
08 / Environment

Emissions intensity

Total greenhouse gas emissions per kilogram of liveweight produced.

7.8KG CO₂E / KG LWEnteric methane · 82%Soils & manure N₂O · 9%Feed & fertiliser · 4%Fuel & energy · 3%Other · 2%

Farm with the full picture.

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