The new Zealand GDT price index -2.4%




Latest dairy auction results

  • Globaldairytrade average $3223/MT
  • Milk powder price index -2.7%

Worst result by the number of months for the New Zealand dairy products. This is a negative for the kiwi, but the NZD/USD is about 20 pips above the low of the day as the market takes it all in stride.



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