World dairy prices were up again in the latest overnight dairy auction, lifting 1.1 per cent from two weeks ago.
It is the third straight lift in the Fonterra- run GlobalDairyTrade auction of dairy products.
Prices for whole milk powder, which typically accounts for more than half the product sold, rose 2.8 per cent to US$3288 per tonne.
The total volume sold was 40,418 tonnes across 12 rounds of bidding. That was down from 45,252 tonnes at the last auction.