The Global Dairy Auction saw another drop yesterday – its eighth decline in a row but according to NZX Analyst  Stuart Davidson it is not as bad as it seems. Even with a one percent drop the global dairy trade price index is still  24 per cent higher than at the same time last year. Stuart Davidson says the signs are still positive. Stuart Davidson says there was less product up for auction but the number of of bidders and their cautious approach showed there is still plenty of demand for the commodities.