LATEST GDT AUCTION SEES 'MODEST' RISE FOR DAIRY PRICES

© Getty Prices rose 1.8 percent. Dairy prices bounced back slightly in the latest Global Dairy Trade auction overnight.Average prices in the auction rose 1.8 percent to US$3157 metric tonne (MT).The slight increase followed a 2 percent fall in the previous auction two weeks ago.Whole milk powder, the most important commodity for New Zealand farmers, rose 1.8 percent to US$3037/MT...