The latest GlobalDairyTrade (GDT) auction ended with a drop in the dairy prices. Prices fell 2.9%, to USD 2190 per metric tonne. At the previous auction a fortnight ago, prices rose 1.4% to an average of USD 2253 a tonne, putting an end to four consecutive falls. Whole milk prices (New Zealand’s major export) fell 0.8% to USD 1971. For more information, read our latest forex news.