Dairy prices remained largely unchanged in the latest Global Dairy Trade event overnight, dropping just 0.2 percent.
The average price for commodities was US$4150 per metric tonne (MT).
Prices for whole milk powder - the most important commodity for New Zealand farmers - were down 0.2 percent to US$4123/MT.
Butter was down 2.2 percent to US$4929/MT, while prices for anhydrous milk fat also slipped 0.1 percent to US$5730/MT.
Prices for lactose rose 1.6 percent to US$1251/MT, cheddar was up 1 percent to US$4321/MT and skim milk powder rose 0.7 percent to US$3447/MT.
A total of 21,140 metric tonnes of product was sold at the auction.