Photo: 123rf
Dairy prices have hit their highest level in 18 months.
The global auction overnight has seen the average price rise 0.5 percent to $US3664 ($NZ6079) a tonne - the highest level since October 2022.
It's the seventh consecutive lift at the fortnightly auction.
However the whole milk powder price - which influences payouts for local farmers - was down 1.8 percent.
Other products were mixed - cheese dropped nearly 8 percent, while skim milk powder was up 1.3 percent.
