Overall dairy auction prices were largely unchanged overnight, although the 0.3% price lift did break the run of eight consecutive falls. Prices remain around 13% lower than the recent peak in March, while prices are 27% up on year ago levels. However, auction prices by product were mixed. Key whole milk powder (WMP) prices slid 1.5% and are now down 18% over the last seven auctions. Other prices fared better. Butter prices jumped 4%, while skim milk powder (SMP) and anhydrous milk fat (AMF) prices both recorded gains of more than 1%. Of the six products on offer at this auction, four posted price gains, one fell, ... (full story)