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Farm gate newsletter for August 3, 2025

News and analysis

LATEST MARKET PRICES

August 4, 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 165 160 144 114 165 117
  SI 163 156 141 112 163 115
BEEF (c/kg)          
P2 Steer NI 815 800 720 630 815 650
(270-295kg) SI 780 757 673 563 780 598
               
M2 Bull NI 783 778 730 608 783 618
(296-320kg) SI 663 660 627 555 663 567
VENISON ($/hd) gross          
AP Stag 60kg NI 990 950 920 855 990 920
  SI 995 930 905 848 995 900
               
DAIRY (US$/tonne)          
  Butter GDT 7,492 7,522 7,679 6,606 7,992 6,407
  SMP GDT 2,803 2,718 2,895 2,480 2,915 2,480
  WMP GDT 4,027 3,859 4,225 3,100 4,374 3,095
  Cheddar GDT 4,589 4,860 4,923 4,217 5,519 4,217
               
  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 - $6.99
    * before retentions      

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