New Zealand Fonterra global dairy prices fall 4.6%

Details now out on the latest auction

Sorry, in my rush I posted the Milk powder price drop of 4.6%. The main number was down 3.1%

That halts a run of four auctions of price gains

The kiwi has swung lower on the news and we have quite a strong looking support level here around 0.6780/90

NZDUSD H1 chart

Best in 2026

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