You are using an older browser version. Please use a supported version for the best MSN experience.

Dairy prices up at GDT auction

NZ Newswire logoNZ Newswire 4/04/2017

Dairy prices have risen again at Fonterra's fortnightly GlobalDairyTrade auction.

The GDT Price Index was up 1.6 per cent and the average price up to $US3005 ($US4309) per metric tonne on Wednesday morning (NZT).

The important whole milk powder price was up 2.4 per cent to $US2924 per tonne, but butter, butter milk powder, cheddar and skim milk powder were down.

The GDT index is up for the second time in a row following consecutive dips at previous auctions.

image beaconimage beaconimage beacon