Bloomberg News

Fonterra Says Whole Milk Powder Prices Rise in Auction

August 01, 2012

(Corrects price movement in story and headline from Aug.1.)

Whole milk powder rose 3.5 percent from two weeks earlier, according to a trade-weighted price index calculated by Fonterra Cooperative Group Ltd. after its latest GlobalDairyTrade auction.

The average price for September delivery was $2,692 a metric ton, Fonterra said on its website today.

To contact the editor responsible for this story: Douglas Lytle at dlytle@bloomberg.net


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