Overall prices are down 2.9 percent at the latest fortnightly auction overnight -- following a 4.7 percent fall two weeks ago.

The crucial whole milk powder price is down 2.6 percent.

The price of skim milk powder is down 2.6 percent, while the butter price is down 3.9 percent.

>> More Rural News

Other Rural News

03 Dec: The fall in global dairy prices continues

01 Dec: A number of farms are converting to dairy, but cow numbers still lag behind previous peaks

28 Nov: Farmers are turning out more milk with fewer cows

25 Nov: Fonterra still expects most dairy farmers to break even this season

23 Nov: Calls for farmers to get on top of worm treatment for their dogs - to stop the spread of C-ovis or sheep measles

31 Oct: Chris Luxon is defending Fonterra farmers, who've faced a scathing critique from Winston Peters

30 Oct: There are no guarantees Anchor, Mainland and Kapiti products will always be made with New Zealand dairy

Top Stories

RUGBY
The All Blacks and Wallabies have been drawn in the same pool for the 2027 World Cup, but a quarterfinal showdown against the Springboks looms More...

BUSINESS
New vehicle sales are gradually turning a corner More...

Today's News

International:
Here is what we know about the Russia–Ukraine war peace negotiations 8:07

Business:
New vehicle sales are gradually turning a corner 8:07

Politics:
Dairy owners are pleading for police to be tougher - as Christchurch battles an uptick in youth crime 7:57

Business:
Property values appear to be remaining in a holding pattern 7:47

Rugby:
The All Blacks and Wallabies have been drawn in the same pool for the 2027 World Cup, but a quarterfinal showdown against the Springboks looms 7:37

Rugby:
Outgoing Wallabies coach Joe Schmidt reckons both Australia and the All Blacks will be comfortable with being drawn against each other in 2027 World Cup pool play 7:27

Rugby League:
Kiwi Lewis Clareburt believes Aussie know-how will give him a better chance at Olympic success in 2028 7:17

Environment:
Six people arrested on suspicion of deactivating fire alarms at Hong Kong fire apartment complex 7:07

Business:
Air New Zealand customers may face delays on Monday, with some cabin crew members still prepared to strike 5:47

Law and Order:
A teenager is expected to appear in Auckland Youth Court today - the second person accused of murdering US student Kyle Whorrall in April 4:57

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