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Fonterra Says Whole Milk Powder Prices Rise in Auction

(Corrects price movement in story and headline from Aug.1.)

Aug. 1 (Bloomberg) -- Whole milk powder rose 3.5 percent from two weeks earlier, according to a trade-weighted price index calculated by Fonterra Cooperative Group Ltd. after its latest GlobalDairyTrade auction.

The average price for September delivery was $2,692 a metric ton, Fonterra said on its website today.

Link to Company News:{FCG NZ <Equity> CN <GO>}

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

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