Dairy prices fell 5.1 percent in the overnight global auction in the first significant fall since August.
FALLING: Fonterra's milk collection in Australia continues to fall.

Prices dropped to $US33302 a tonne.
Whole milk powder, a key indicator of farm incomes, dropped 6.7 percent.
Skim milk powder was down 6.3 percent.
Butter fell 2.4 percent but there were rises for cheddar and rennet casein.
Last night’s significant fall follows a slight drop two weeks ago, but prices had been rising before then.

Woolworths and Coles say Amazon is one of their biggest rivals, as the global retailer competes on more of the same products.

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