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Farm gate newsletter for April 20, 2025

News and analysis

LATEST MARKET PRICES

April 21, 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 145 139 133 101 145 102
  SI 141 133 132 96 141 97
BEEF (c/kg)          
P2 Steer NI 730 700 678 555 730 555
(270-295kg) SI 670 643 640 498 670 495
               
M2 Bull NI 740 723 680 548 740 548
(296-320kg) SI 633 627 623 455 633 452
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 7,679 7,667 6,815 6,546 7,679 6,407
  SMP GDT 2,795 2,729 2,735 2,541 2,915 2,450
  WMP GDT 4,171 4,052 3,782 3,269 4,171 3,095
  Cheddar GDT 4,923 4,976 4,728 3,974 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 - $5.55
    * before retentions      

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