date:Sep 17, 2015
Dairy prices on GlobalDairyTrade auction site have risen for the fourth session running, outperforming the futures market.
Dairy prices at Tuesdays action event, which is held by New Zealand milk giant Fonterra, were up 16.5% from the last auction event two weeks ago, bringing prices to their highest level since the start of April.
Prices for whole milk powder rose by 20.6% from the last auction event, with skim milk powder up 17.0%.
The jump in prices outpaces the rise in the futures market,