Overall, prices are up 0.3 percent, although the crucial whole milk powder price is unchanged.

Prices fell almost 4 percent at the last auction three weeks ago, after seeing a 15-percent bump at the previous sale.

>> More Rural News

Other Rural News

26 May: Fonterra farmers believe this season's milk price won't budge much from a new midpoint of seven dollars and 55 cents

06 May: Dairy farmers have six months to decide on a capital restructure for Fonterra

05 May: Hopes Fonterra will streamline how farmers buy and sell units

05 May: The country's largest company is about to make a major announcement on its capital structure

21 Apr: A blip in international dairy prices isn't rattling Fonterra's boss

21 Apr: Dairy prices have dipped at Fonterra's latest Global Dairy Trade auction overnight

01 Apr: Fonterra has completed the sale of two farming hubs in China for more than 550 million dollars

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