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Hot Topic Budget 25
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Dairy prices press higher


Dairy commodity prices pressed higher at Fonterra's overnight online auction, with the globalDairyTrade trade weighted index rising 3.9 percent, and the average winning price up to $US4540 from $US4246 a fortnight ago.

NZPA
Wed, 16 Feb 2011

Dairy commodity prices pressed higher at Fonterra's overnight online auction, with the globalDairyTrade trade weighted index rising 3.9 percent, and the average winning price up to $US4540 from $US4246 a fortnight ago.

For anhydrous milk fat, the trade weighted price slipped 2.4 percent to $US6324, skim milk powder edged ahead 0.7 percent to $US3898, and whole milk powder rose 7.9 percent to $US4320.

NZPA
Wed, 16 Feb 2011
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Dairy prices press higher
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