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Farm gate newsletter for January 5, 2025

News and analysis

LATEST MARKET PRICES

January 6, 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 133 135 128 102 136 101
  SI 130 132 133 99 135 95
BEEF (c/kg)          
P2 Steer NI 663 673 663 535 673 535
(270-295kg) SI 633 640 638 513 643 495
               
M2 Bull NI 660 670 640 535 670 528
(296-320kg) SI 613 620 583 470 623 452
VENISON ($/hd) gross          
AP Stag 60kg NI 920 940 990 865 990 855
  SI 905 920 930 868 945 838
               
DAIRY (US$/tonne)          
  Butter GDT 6,631 6,680 6,407 5,514 7,350 5,458
  SMP GDT 2,655 2,848 2,795 2,613 2,915 2,450
  WMP GDT 3,721 3,984 3,559 3,290 3,984 2,548
  Cheddar GDT 4,682 4,689 4,606 4,165 4,973 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 $0.45-$0.60
      NZX FSF - $5.15
    * before retentions      

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