IRD Livestock Values 2025: Complete Herd-Scheme Table

IRD Livestock values 2025 just dropped, and if you’re racing to lock in your tax numbers you’re in the right paddock. Below you’ll find the full table of IRD Livestock values 2025—no digging through PDFs, no guess-and-hope. Think of it as your cheat sheet: copy the figure, paste it into your herd worksheet, move on.

Why the fuss? Because the IRD Livestock values 2025 set the legal benchmark for every farmer who’s elected the herd scheme. Use the wrong number and you could end up paying too much tax—or worse, invite an audit. We’ve pulled the 2025 herd scheme values straight from the National Average Market Values 2025 notice, double-checked them, and laid them out in a scroll-friendly table.

A couple of quick reminders before you dive in:

• National average ≠ on-farm price. Local markets may sit higher or lower—these values are purely for tax reporting.
• One-way door. Once an animal class is in the herd scheme, you can’t flip it back to cost; so make sure the election still suits your long-term tax strategy.
• Need help? Flick us a message at BH Accounting and we’ll sanity-check your livestock valuation.

Now, onto the numbers.

2025 National Average Market Values (Herd Scheme)

Sheep

Class	Value per head (NZ$)
Ewe hoggets	147.00
Ram & wether hoggets	145.00
Two-tooth ewes	201.00
Mixed-age ewes (rising 3- & 4-yr)	178.00
Rising 5-yr+ ewes	148.00
Mixed-age wethers	111.00
Breeding rams	310.00

Beef cattle

Class	Value per head (NZ$)
Rising 1-yr heifers	944.00
Rising 2-yr heifers	1 521.00
Mixed-age cows	1 865.00
Rising 1-yr steers & bulls	1 181.00
Rising 2-yr steers & bulls	1 741.00
Rising 3-yr+ steers & bulls	2 172.00
Breeding bulls	3 534.00

Dairy cattle

Class	Value per head (NZ$)
Rising 1-yr heifers	1 007.00
Rising 2-yr heifers	1 826.00
Mixed-age cows	2 111.00
Rising 1-yr steers & bulls	967.00
Rising 2-yr steers & bulls	1 600.00
Rising 3-yr+ steers & bulls	2 048.00
Breeding bulls	2 290.00

Deer — red, wapiti, elk & crosses

Class	Value per head (NZ$)
Rising 1-yr hinds	293.00
Rising 2-yr hinds	507.00
Mixed-age hinds	602.00
Rising 1-yr stags	359.00
Rising 2-yr+ stags (non-breeding)	767.00
Breeding stags	3 330.00

Deer — other breeds

Class	Value per head (NZ$)
Rising 1-yr hinds	166.00
Rising 2-yr hinds	286.00
Mixed-age hinds	338.00
Rising 1-yr stags	213.00
Rising 2-yr+ stags (non-breeding)	362.00
Breeding stags	1 171.00

Goats — angora & crosses (mohair)

Class	Value per head (NZ$)
Rising 1-yr does	145.00
Mixed-age does	139.00
Rising 1-yr bucks/wethers	90.00
Bucks/wethers > 1 yr	83.00
Breeding bucks	488.00

Goats — cashmere & meat types

Class	Value per head (NZ$)
Rising 1-yr does	69.00
Mixed-age does	106.00
Rising 1-yr bucks/wethers	68.00
Bucks/wethers > 1 yr	75.00
Breeding bucks	652.00

Goats — milking (dairy)

Class	Value per head (NZ$)
Rising 1-yr does	145.00
Does > 1 yr	215.00
Breeding bucks	403.00
Other dairy goats (culls)	59.00

Pigs

Class	Value per head (NZ$)
Breeding sows < 1 yr	274.00
Breeding sows > 1 yr	370.00
Breeding boars	393.00
Weaners < 10 wks	132.00
Growing pigs 10-17 wks	207.00
Growing pigs > 17 wks	319.00

Need a second pair of eyes before filing?

Book a quick review call with BH Accounting and we’ll make sure your 2025 herd-scheme numbers are bullet-proof before you hit “submit”.