# Whole-milk powder price rises at dairy auction | RNZ

> The Global Dairy Trade auction index fell 1.6% to $3,343 per tonne. Whole milk powder rose 1.3% to $3,155 per tonne, while the auction followed a 0.2% rise at the previous event. Fonterra had recently lifted its forecast milk price to NZ$6.75 per kilogram of milk solids.

- Date: 2017-08-01 · published 2017-08-01T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/5481-whole-milk-powder-price-rises-at-dairy-auction-rnz
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

Mixed auction moves leave the global dairy index near current levels, so the price signal for milk is largely neutral with firmer powder demand offsetting fat weakness.

## Read by commodity

- MILK: neutral

## Sources

- rnz.co.nz: https://www.rnz.co.nz/news/country/336304/whole-milk-powder-price-rises-at-dairy-auction

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.