Prices at Fonterra's GlobalDairyTrade auction have risen at the first sale of the year.
Source: Seven Sharp
The GDT price index was up 2.2 per cent and the average price to $US3124 ($NZ4374) per tonne this morning.
The important whole milk powder price rose 4.2 per cent to $US2886 per tonne. Butter was up 0.6 per cent and skim milk powder 1.6 per cent.