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

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

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

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Cricket:
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Entertainment:
Alex Consani is fronting a new campaign for YSL Beauty 15:20

Soccer:
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Business:
The owner of businesses in Auckland and Hamilton has been sentenced for migrant exploitation - after failing to pay workers nearly 50 thousand dollars 14:07

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