Whole Milk Powder Prices Rise 12.5% for Sept. Delivery

(Corrects spelling of powder in headline.)

Whole milk powder prices for September delivery rose 12.5 percent in an Internet-based auction, according to Fonterra Cooperative Group Ltd.

Powder for delivery across all contracts though January rose 7.7 percent to $5,058, GlobalDairyTrade said on its website.

To contact the reporter on this story: Douglas Lytle in London at dlytle@bloomberg.net

To contact the editor responsible for this story: Douglas Lytle at dlytle@bloomberg.net

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