16 Oct 2019

Dairy prices up slightly in global auction

7:27 am on 16 October 2019

Dairy prices rose slightly in the latest global auction overnight.

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Photo: RNZ / Alexa Cook

The average price was $US3330 dollars a tonne.

The half a percent increase compares with a rise of 0.2 percent and 2 percent in the previous two auctions.

Whole milk powder remained unchanged at $US3133 a tonne.

Skim milk powder rose 2.4 percent, while butter slipped 0.4 percent and cheddar 2.2 percent.

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