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

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

15 Jan: Potential for a dairy price recovery

15 Jan: Fonterra's boss says farmers are used to volatility in prices and payouts

26 Dec: Some good news on the horizon for cattle and sheep farmers

19 Dec: The Reserve Bank's weighing in on the Fonterra deal

12 Dec: Dairy farmers are being warned they'll be taking a cut in earnings, due to falling global dairy prices

04 Dec: Fonterra is getting closer to selling off its consumer brands like Anchor and Mainland

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