Mixed results at global dairy auction
Prices have risen overall at the latest Global Dairy Trade auction.
But prices have fallen for New Zealand's major export product, whole milk powder.
The GDT Price Index rose 3.4 percent to an average price of US$,329 per metric tonne.
But Whole Milk Powder prices fell by 1.7 percent to an average price of US$2,205.
Skim Milk Powder prices rose by an average of 12.1 percent to US$1,867.
Butter Milk Powder prices rose 14 percent to US$1,765.
Cheddar rose 7 percent to US$2,669.