32,500 tonnes of product were offered, with an average price of US$2345.
Whole milk powder prices (WMP) dropped 1.6 percent to US$2062. Farmer returns are largely based on WMP prices, which at the beginning of the year were US$1952.
Source: Stuff
Link: http://www.stuff.co.nz/business/farming/dairy/81782848/global-dairy-prices-slip-whole-milk-powder-prices-fall-16-percent