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Farm gate newsletter for January 26, 2025

News and analysis

LATEST MARKET PRICES

January 27, 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 137 133 133 101 137 101
  SI 133 130 134 97 135 95
BEEF (c/kg)          
P2 Steer NI 678 663 653 535 678 540
(270-295kg) SI 640 633 638 503 643 495
               
M2 Bull NI 680 660 640 528 680 538
(296-320kg) SI 623 613 593 460 623 452
VENISON ($/hd) gross          
AP Stag 60kg NI 920 920 990 865 990 855
  SI 905 905 945 868 945 838
               
DAIRY (US$/tonne)          
  Butter GDT 6,984 6,631 6,495 5,906 7,350 5,906
  SMP GDT 2,729 2,735 2,805 2,638 2,915 2,450
  WMP GDT 3,988 3,768 3,551 3,263 3,988 2,548
  Cheddar GDT 4,846 4,682 4,702 4,217 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 - $4.84
    * before retentions      

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