The whole milk powder price has fallen in the latest global dairy auction overnight, partially reversing a 1.4% rise two weeks ago.
The average price across all of the products measured by the GlobalDairyTrade index fell by 2.9% to $US2190 a tonne.
Prices remain well short of the break-even range for farmers, who need about $US3000 a tonne.
MORE SOON.
from
http://www.nbr.co.nz/article/dairy-prices-fall-nearly-3-ck-186269
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