date:Nov 05, 2015
Dairy prices fell for a second successive GlobalDairyTrade auction and at the quickest session in five years amid ideas of an easing off in the bargain hunting which revived prices from their August low.
Prices at GlobalDairyTrade, the auction site run by New Zealand dairy giant Fonterra, fell by 7.4% at Tuesdays event, led by a fall of 11.2% in offers for rennet casein.
Values of whole milk powder, which accounts for the bulk of volumes sold, dropped by 8.0%
The decline took to 10.3% the d