sign up log in
Want to go ad-free? Find out how, here.

Farm gate newsletter for March 16, 2025

News and analysis

LATEST MARKET PRICES

March 17, 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 138 139 134 101 139 101
  SI 134 134 130 95 135 96
BEEF (c/kg)          
P2 Steer NI 688 688 668 555 688 555
(270-295kg) SI 643 643 637 502 643 495
               
M2 Bull NI 710 710 665 548 710 548
(296-320kg) SI 627 627 617 458 627 452
VENISON ($/hd) gross          
AP Stag 60kg NI 920 920 930 865 990 855
  SI 905 905 910 858 945 838
               
DAIRY (US$/tonne)          
  Butter GDT 7,577 7,222 6,680 6,461 7,577 6,407
  SMP GDT 2,795 2,835 2,805 2,640 2,915 2,480
  WMP GDT 3,997 4,117 3,922 3,188 4,169 2,548
  Cheddar GDT 4,915 5,025 4,689 4,277 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 - $5.48
    * before retentions      

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