Overall prices have slipped 0.5 percent at the latest Global Dairy Trade auction overnight.

The crucial whole milk powder price is up 0.1 percent.

The price of skim milk powder is up 1.9 percent.

The price of butter is down 4.9 percent.

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Other Rural News

19 Dec: The Reserve Bank's weighing in on the Fonterra deal

12 Dec: Dairy farmers are being warned they'll be taking a cut in earnings, due to falling global dairy prices

04 Dec: Fonterra is getting closer to selling off its consumer brands like Anchor and Mainland

03 Dec: The fall in global dairy prices continues

01 Dec: A number of farms are converting to dairy, but cow numbers still lag behind previous peaks

28 Nov: Farmers are turning out more milk with fewer cows

25 Nov: Fonterra still expects most dairy farmers to break even this season

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