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Farm gate newsletter for June 14, 2026

News and analysis

LATEST MARKET PRICES

June 15, 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 186 179 182 154 188 158
  SI 189 177 182 151 189 156
BEEF (c/kg)          
P2 Steer NI 915 885 905 770 923 780
(270-295kg) SI 893 870 893 730 905 757
               
M2 Bull NI 915 890 905 753 923 763
(296-320kg) SI 840 819 821 653 843 660
VENISON ($/hd) gross          
AP Stag 60kg NI 1100 1080 1060 940 1100 950
  SI 1095 1070 1050 915 1095 930
               
DAIRY (US$/tonne)          
  Butter GDT 5,700 5,595 6,895 7,811 6,895 5,012
  SMP GDT 3,267 3,549 3,255 2,672 3,552 2,424
  WMP GDT 3,577 3,768 3,747 4,127 4,173 3,143
  Cheddar GDT 4,621 4,611 4,920 4,759 4,992 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 - $7.20

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