New Zealand GDT dairy price index 1.7% vs -6.3% prior

Details from the latest New Zealand dairy auction 21 March 2017

  • Average price $3101/MT vs $3512/MT prior

Broad market expectations were for another fall so the kiwi is moving up on the better number. NZDUSD trades to a 0.7082 high from around 0.7057.

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