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Commodity prices slip from May record after lower dairy returns

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New Zealand commodity prices fell from a record in May, weighed down by lower prices for dairy products. The ANZ Commodity Price Index dropped 1.6 percent to 328.2 in May, its second-highest level, from 333.5 in April. Six commodity prices weakened, nine strengthened and two were unchanged. Returns for dairy products dropped 5 percent but remained the second-highest on record. Skim milk ...

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