Dairy prices fall for fourth straight auction, whole milk powder down 2.3%

(Image: Supplied)

Wed, 08 Oct 2025

Prices have slipped again in the latest Global Dairy Trade auction, held overnight on Tuesday, with a 1.6% dip across the board.This was the fourth consecutive decline, following a 0.8% slide at the previous auction, a 4.3% decrease before that, and a 0.3% drop on Aug 19.Whole milk powder, which has the biggest impact on Fonterra’s farmgate milk price, was down 2.3%, to an average of US$3,696/MT (NZ$6,371/MT).Skim milk powder – Fonterra’s second-biggest reference product – fell a modest 0.5%, to an average of US$2,599/MT...

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