The overall price index is now up more than 2 percent. Photo: 123rf
The second Global Dairy Trade auction of the year has seen prices up, in good news for farmers.
The overall price index is now up more than 2 percent.
All but one product categories saw rises, and organisers say the results were more bullish than they had expected.
Whole milk and skim milk powders were up more than 1 percent.
The average price rose 2.3 percent to US$3388 a tonne, while the whole milk powder price was up 2.9 percent to US$3207 a tonne.
Dairy farmers still carrying debt fear for their viability while more established players are going over their budgets with a fine-tooth comb. Audio
The average dairy price had its biggest fall since early April overnight, with overall prices down 3.3 percent and all other commodities on offer falling in price.
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