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

Farm gate newsletter for May 25, 2025

News and analysis

LATEST MARKET PRICES

May 26, 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 148 144 138 103 148 107
  SI 146 140 134 99 146 102
BEEF (c/kg)          
P2 Steer NI 740 720 688 560 740 585
(270-295kg) SI 717 663 643 498 717 513
               
M2 Bull NI 745 730 710 548 745 568
(296-320kg) SI 650 627 627 455 650 463
VENISON ($/hd) gross          
AP Stag 60kg NI 930 920 920 855 990 855
  SI 910 905 905 838 945 838
               
DAIRY (US$/tonne)          
  Butter GDT 7,821 7,679 7,278 6,931 7,992 6,407
  SMP GDT 2,817 2,880 2,754 2,629 2,915 2,480
  WMP GDT 4,332 4,166 4,153 3,408 4,374 3,095
  Cheddar GDT 5,007 4,923 4,862 4,239 5,519 3,980
               
  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 - $6.01
    * before retentions      

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