Fonterra's GlobalDairyTrade price index falls 7.3%, NZD drops via ForexLive

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Results of the Fonterra dairy auction:

  • Globaldairytrade price index -7.3%
  • Average price $2,599
  • Milk powder prices -10.0%
  • Milk powder average $2,433
  • Seven consecutive months of declines

From Fonterra's website:

GlobalDairyTrade price index

posted via ForexLive

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