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Farm gate newsletter for April 6, 2025

News and analysis

LATEST MARKET PRICES

April 7, 2025 price range  
    this 4 weeks 3 months 1 year 52 week
    week ago ago ago high low
Processor schedule prices ...          
LAMB ($/hd) including 1kg woolly pelt    
17.5 kg YX  NI 140 139 133 101 140 101
  SI 135 134 130 96 135 96
BEEF (c/kg)          
P2 Steer NI 710 700 663 555 710 555
(270-295kg) SI 663 643 633 498 663 495
               
M2 Bull NI 735 723 660 548 735 548
(296-320kg) SI 663 627 613 455 663 452
VENISON ($/hd) gross          
AP Stag 60kg NI 920 920 920 855 990 855
  SI 905 905 905 848 945 838
               
DAIRY (US$/tonne)          
  Butter GDT 7,602 7,577 6,631 6,592 7,667 6,407
  SMP GDT 2,876 2,744 2,655 2,550 2,915 2,480
  WMP GDT 4,062 4,061 3,721 3,246 4,169 2,548
  Cheddar GDT 5,018 4,915 4,682 4,340 5,025 3,980
               
  Fonterra milk price   2023/24 payout $7.83* 2024/25 forecast $10.00*
  Fonterra dividend   2023/24 final payout $0.55 2024/25 forecast $0.55-$0.75
      NZX FSF - $5.73
    * before retentions      

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