Dairy prices are expected to remain buoyant at Wednesday's GlobalDairyTrade (GDT) auction - the second to be held after the Fonterra's whey concentrate scare early this month, says the ANZ Bank.
The bank said the auction would again be interesting as reputational damage and temporary import bans linger in the wake of the scare.
International dairy prices fell at the first GlobalDairyTrade auction to be held in the aftermath of the first announcement from Fonterra on August 3, the GDT Price Index dropping by what commentators said was a relatively modest 2.4 per cent.