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Fonterra auction prices ease

Fonterra's latest online global dairy auction has shown a 3.5 percent drop in prices.

Whole milkpowder (WMP) prices fell 3.4 per cent, while skim milkpowder (SMP) was down 6.2 per cent.

Total value of $138 million of products was traded.

The next global auction event will be on July 6



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