NZ commodity prices fall for 7th month in Sept, ANZ says

NZ commodity prices fall for 7th month in Sept, ANZ says
By Suze Metherell Oct. 2 (BusinessDesk) - New Zealand commodity prices fell for a seventh consecutive month to an 18-month low in September, led by declining dairy prices. The ANZ Commodity Price Index slid 1.3 percent last month, a slower pace than August's 3.3 percent drop, and is now 13 percent below February's record high. Skim milk powder dropped 14 percent to its lowest level since June 2012, while butter prices declined 8 percent, whole milk powder fell 5 percent and cheese slipped 3 percent. The survey comes after Fonterra Coop...