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Farm gate newsletter for April 27, 2025

News and analysis

LATEST MARKET PRICES

April 28, 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 144 140 137 102 145 102
  SI 140 135 133 96 141 97
BEEF (c/kg)          
P2 Steer NI 720 710 678 555 730 555
(270-295kg) SI 663 643 640 495 670 498
               
M2 Bull NI 730 735 680 548 740 548
(296-320kg) SI 627 630 623 455 633 455
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 7,679 7,667 6,984 6,546 7,679 6,407
  SMP GDT 2,880 2,750 2,729 2,500 2,915 2,450
  WMP GDT 4,166 3,964 3,988 3,189 4,171 3,095
  Cheddar GDT 4,923 4,976 4,846 3,974 5,025 3,974
               
  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 - $5.55
    * before retentions      

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