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Farm gate newsletter for July 6, 2026

News and analysis

LATEST MARKET PRICES

July 6, 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 196 184 180 158 196 162
  SI 196 188 180 156 196 160
BEEF (c/kg)          
P2 Steer NI 938 910 890 780 938 810
(270-295kg) SI 918 885 883 757 918 757
               
M2 Bull NI 943 910 898 763 943 780
(296-320kg) SI 865 833 818 660 865 660
VENISON ($/hd) gross          
AP Stag 60kg NI 1110 1100 1060 950 1110 950
  SI 1105 1095 1050 930 1105 930
               
DAIRY (US$/tonne)          
  Butter GDT 5,516 5,734 6,420 7,522 6,895 5,012
  SMP GDT 3,048 3,457 3,229 2,718 3,552 2,424
  WMP GDT 3,500 3,706 3,552 3,859 4,036 3,143
  Cheddar GDT 4,471 4,621 4,925 4,860 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 - $7.10

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