Global Dairy Trade auction sees prices dip 1.6%, whole milk powder down 3.7%
The new season opened with a 1.6% price drop across the board in the latest Global Dairy Trade auction.
This follows a 0.9% dip from the previous auction, two weeks ago.
Whole milk powder, which has the biggest impact on Fonterra's farmgate milk price, was down 3.7%, to an average
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