Prices have risen in the latest global dairy auction.
Photo: 123RF
The average price rose by 2.2 percent to $US3124 ($NZ4,397) a tonne.
That follows a fall to $US2969 at the previous fortnightly auction, the lowest average in more than a year.
The whole-milk powder price is up by 4.2 percent to $US2886 a tonne - still below the level needed for farmers to break even.
The price of butter is still hovering around $US4,500 a tonne - well back from the record high of more than $US6000 in September.
