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Farm gate newsletter for August 10, 2025

News and analysis

LATEST MARKET PRICES

August 11, 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 167 162 146 115 167 123
  SI 163 160 142 114 163 118
BEEF (c/kg)          
P2 Steer NI 830 810 730 645 830 653
(270-295kg) SI 793 757 687 593 793 612
               
M2 Bull NI 783 780 738 618 783 640
(296-320kg) SI 663 660 633 567 663 577
VENISON ($/hd) gross          
AP Stag 60kg NI 1010 950 920 855 1010 920
  SI 995 930 905 848 995 900
               
DAIRY (US$/tonne)          
  Butter GDT 7,214 7,522 7,992 6,489 7,992 6,407
  SMP GDT 2,805 2,708 2,828 2,539 2,915 2,480
  WMP GDT 4,012 3,922 4,374 3,259 4,374 3,100
  Cheddar GDT 4,575 4,860 5,519 4,275 5,519 4,274
               
  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 - $6.96
    * before retentions      

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