The New Zealand Global Dairy Trade (GDT) price index declined by 1.7% on Tuesday.
Meanwhile, the Whole Milk Powder price index decreased by 2.2%.
The New Zealand Dollar (NZD) extended its gains against the U.S. Dollar (USD) following the data, with the Kiwi now up by 0.49% against the USD and the NZD/USD pair trading at 0.65863.