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Farm gate newsletter for June 29, 2025

News and analysis

LATEST MARKET PRICES

June 30, 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 158 154 140 111 158 112
  SI 156 151 135 106 156 108
BEEF (c/kg)          
P2 Steer NI 780 770 710 605 780 620
(270-295kg) SI 757 723 643 525 757 535
               
M2 Bull NI 763 753 735 588 763 603
(296-320kg) SI 660 653 630 463 660 527
VENISON ($/hd) gross          
AP Stag 60kg NI 950 940 920 855 990 855
  SI 930 915 905 843 945 843
               
DAIRY (US$/tonne)          
  Butter GDT 7,890 7,821 7,667 7,350 7,992 6,407
  SMP GDT 2,704 2,768 2,750 2,540 2,915 2,480
  WMP GDT 4,006 4,215 3,964 3,381 4,374 3,095
  Cheddar GDT 4,992 5,007 4,976 4,205 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 - $6.75
    * before retentions      

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