Dairy prices rise 3% at Global Dairy Trade auction
The average price reached US$4166 a tonne, with whole milk powder up 5.9%. RNZ says New Zealand’s auction offerings start to taper in November.
Global Dairy Trade prices rose 3% to US$4166 a tonne, according to RNZ. The New Zealand Herald also reported a rise at the auction. RNZNew Zealand Herald
Whole milk powder rose 5.9% to US$3971 a tonne, its highest price since August 2025, RNZ reported. RNZ
Auction streak: RNZ says this was the second consecutive price rise, while the New Zealand Herald says prices have risen at three consecutive auctions. RNZNew Zealand Herald