Dairy prices have risen for the first time in four months.

Overall prices are up 2.7% at this morning's latest Global Dairy Trade auction, making up slightly for a 7.4% fall at the last auction three weeks ago.

The news is even better for the all-important Whole Milk Powder price, which is up 5.3%.

HighGround Dairy consultant Stu Davison told Kate Hawkesby that it's too early to say whether this is a turn-around in the trend, or a one-off.

He says it's positive news nonetheless.

LISTEN ABOVE

Dairy prices have risen for the first time in four months. 
Overall prices are up 2.7% at this morning's latest Global Dairy Trade auction, making up slightly for a 7.4% fall at the last auction three weeks ago. 
The news is even better for the all-important Whole Milk Powder price, which is up 5.3%. 
HighGround Dairy consultant Stu Davison told Kate Hawkesby that it's too early to say whether this is a turn-around in the trend, or a one-off. 
He says it's positive news nonetheless. 
LISTEN ABOVE

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A fresh and intelligent start to your day - catch the very latest international and domestic news developments, sport, entertainment and business on Early Edition with Ryan Bridge, on Newstalk ZB.