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Farm gate newsletter for June 15, 2025

News and analysis

LATEST MARKET PRICES

June 16, 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 157 148 139 108 157 111
  SI 156 146 134 102 156 106
BEEF (c/kg)          
P2 Steer NI 780 740 700 590 780 605
(270-295kg) SI 750 710 643 515 750 525
               
M2 Bull NI 763 743 723 568 763 588
(296-320kg) SI 660 650 627 463 660 463
VENISON ($/hd) gross          
AP Stag 60kg NI 950 930 920 855 990 855
  SI 930 910 905 843 945 843
               
DAIRY (US$/tonne)          
  Butter GDT 7,811 7,992 7,577 6,864 7,992 6,407
  SMP GDT 2,672 2,806 2,795 2,660 2,915 2,480
  WMP GDT 4,127 4,354 3,997 3,417 4,374 3,095
  Cheddar GDT 4,759 5,519 4,915 4,248 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 $0.65-$0.75
      NZX FSF - $6.25
    * before retentions      

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