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Farm gate newsletter for January 12, 2025

News and analysis

LATEST MARKET PRICES

January 13, 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 133 134 128 101 136 101
  SI 130 130 135 98 135 95
BEEF (c/kg)          
P2 Steer NI 663 668 658 535 673 535
(270-295kg) SI 630 637 642 507 643 495
               
M2 Bull NI 660 665 640 528 670 528
(296-320kg) SI 613 617 583 467 623 452
VENISON ($/hd) gross          
AP Stag 60kg NI 920 930 990 865 990 855
  SI 905 910 945 868 945 838
               
DAIRY (US$/tonne)          
  Butter GDT 6,815 6,680 6,407 5,514 7,350 5,514
  SMP GDT 2,682 2,805 2,755 2,613 2,915 2,450
  WMP GDT 3,804 3,922 3,533 3,221 3,984 2,548
  Cheddar GDT 4,728 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 - $5.12
    * before retentions      

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