Overall prices have slipped 0.5 percent at the latest Global Dairy Trade auction overnight.

The crucial whole milk powder price is up 0.1 percent.

The price of skim milk powder is up 1.9 percent.

The price of butter is down 4.9 percent.

>> More Rural News

Other Rural News

20 Feb: Fonterra is raising its forecast payout to farmers, following the latest rise in global dairy prices

20 Feb: Fonterra's announced an extra dividend for farmers - as it pushes ahead with the sale of its consumer arm

19 Feb: Confidence green pastures lie ahead for Fonterra, as the sale of brands like Anchor and Mainland nears completion

18 Feb: Dairy prices have risen another 3.6 percent at this morning's latest Global Dairy Trade auction

23 Jan: Dairy farmers could be in an earlier-than-expected pay day

22 Jan: Fonterra's taking its growing organic business south for the first time

15 Jan: Potential for a dairy price recovery

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