Dairy prices have fallen again but by a lower rate than in the past month.
Photo: RNZ/Sally Round
The average price at the overnight auction fell 1.2 percent to US$3112 a tonne.
It follows the 2.9 percent fall in the previous auction a couple of weeks ago.
Most of the products offered fell in price, notably cheese and buttermilk powder.
The price of wholemilk powder, which strongly influences the payouts for local farmers, fell half a percent to below US $3000 a tonne.
Prices had been expected to fall because of the disruption to markets by the Covid-19 virus.