date:Apr 19, 2016
, which is based on sales prices adjusted for farm size and location, rose by 4.3% in the three months to March 2016, compared with the three months to February 2016.
But year on year prices are still down 15.9%.
New Zealand diary prices have been under pressure from very low milk prices, with prices at the most recent Global Dairy Trade auction, held by New Zealands main milk co-operative Fonterra, down 18% year on year, and less than half their 2013 peak.
Demand for quality units
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