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

Farm gate newsletter for May 31, 2026

News and analysis

LATEST MARKET PRICES

June 1, 2026 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 184 175 185 152 188 154
  SI 185 175 182 147 185 151
BEEF (c/kg)          
P2 Steer NI 910 873 910 760 923 770
(270-295kg) SI 883 861 895 717 905 730
               
M2 Bull NI 910 878 910 743 923 753
(296-320kg) SI 830 809 824 650 843 653
VENISON ($/hd) gross          
AP Stag 60kg NI 1100 1070 1060 930 1100 940
  SI 1095 1060 1050 910 1095 915
               
DAIRY (US$/tonne)          
  Butter GDT 5,780 5,720 6,615 7,821 6,895 5,012
  SMP GDT 3,371 3,445 3,025 2,768 3,552 2,424
  WMP GDT 3,721 3,654 3,673 4,215 4,332 3,143
  Cheddar GDT 4,560 4,798 4,736 5,007 5,007 4,328
               
  Fonterra milk price   2024/25 payout $10.16 2025/26 payout $9.70
  Fonterra dividend   2024/25 final $0.57 2025/26 estm $0.50-$0.65
      NZX FSF - $6.97

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