4 May 2011

Auction prices down slightly

7:08 am on 4 May 2011

Dairy prices have fallen slightly in Fonterra's latest global auction.

Prices for all products fell 0.1% to $US4367 per tonne, overnight on Tuesday.

There was a very slight increase at the last auction a fortnight ago.

Prices for whole milk powder fell 1.7% while prices for skim milk powder rose 2.8% and anhydrous milk fat dropped 4.6%.