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Farm gate newsletter for March 30, 2025

News and analysis

LATEST MARKET PRICES

March 31, 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 140 138 133 101 140 101
  SI 135 134 130 96 135 96
BEEF (c/kg)          
P2 Steer NI 710 688 663 555 710 555
(270-295kg) SI 643 643 633 498 643 495
               
M2 Bull NI 735 710 660 548 735 548
(296-320kg) SI 627 627 613 455 627 452
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 7,667 7,278 6,631 6,408 7,667 6,407
  SMP GDT 2,750 2,780 2,735 2,517 2,915 2,480
  WMP GDT 3,964 3,972 3,768 3,082 4,169 2,548
  Cheddar GDT 4,976 4,862 4,682 4,192 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 - $5.56
    * before retentions      

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