Market updates on dairy products with up-to-date price trends
Dairy Products
Apr 25, 2024

Butter: cold weather drives demand

KEMPTEN/BRUSSELS. Cold weather conditions are failing to stimulate demand for cream in Germany, but the situation is a bit different for butter. EU exports to the US have declined notably in 2024.
Dairy Products
Apr 2, 2024

Butter: at a crossroads

KEMPTEN/BRUSSELS. In Germany the bulk butter market has reached a turning point. EU butter exports range lower than last year and EU butter production dipped.
Dairy Products
Feb 22, 2024

Butter: gearing up for Easter

KEMPTEN/BRUSSELS. Butter manufacturers are gearing up for Easter in Germany. EU exports witnessed a record-breaking year in 2023. EU butter is highly competitive in the global market, despite internal quotations being on the rise.
Dairy Products
Jan 24, 2024

Butter: surprising twist in demand

KEMPTEN/BRUSSELS. Contrary to expectations demand for butter is surprisingly strong in Germany. EU exports are still experiencing a record high, whereas EU quotations range on a less welcome level.
Dairy Products
Nov 30, 2023

Butter: strong demand overwhelms manufacturers

KEMPTEN/BRUSSELS. Manufacturers in Germany are overwhelmed by the strong retail demand for butter at the start of the Christmas season. EU exports retained their record strength in September.
Dairy Products
Nov 9, 2023

Butter: at a crossroads

KEMPTEN/BRUSSELS. Butter has enjoyed highly attractive prices in the EU and exports are up. Rates may still range lower than last year but are currently deemed expensive.
Dairy Products
Oct 12, 2023

Butter: remarkably resilient

KEMPTEN/BRUSSELS. Unusually warm weather prevails in many western European countries and autumn is slow to set in. This ties in with the unusual weather patterns witnessed throughout the EU in spring and summer, with unusually cold and wet conditions prevailing in some parts of the bloc and drought and heat in other parts. EU dairy production has, however, proved remarkably resilient this year and butter is performing really well in the global market.
Dairy Products
Aug 24, 2023

Butter: sustained run on EU supplies

KEMPTEN/BRUSSELS. While large parts of Germany are now witnessing a foreboding of autumn with rain and cooler temperatures, summers is still having an impact on the butter market. EU export have reached an absolute record in the first half of the year.
Dairy Products
May 25, 2023

Butter: crazy run on EU supplies

KEMPTEN/BRUSSELS. Ridiculously low prices have prompted quite a twist in EU butter exports in March. Although shipments to the USA have almost doubled, Singapore has taken the lead for European exporters. Expectation is that the market will turn in Germany.
Dairy Products
Apr 6, 2023

Butter: Easter fails expectations

KEMPTEN/BRUSSELS. Easter sales for butter have failed to meet expectations in Germany. The EU has, however, reported record exports.
Dairy Products
Jan 26, 2023

Butter: manufacturers are not amused

FRANKFURT/BRUSSELS. Butter manufacturers in Germany are far from amused with the current price trend. The slide has also continued in the EU and exports to China have declined by more than 30% between January and November 2022.
Dairy Products
Dec 9, 2022

Butter: not quite happy with demand

FRANKFURT/BRUSSELS. Retailers are busy refilling their shelves with butter as pre-Christmas demand has finally kicked in. Suppliers are, however, not quite content with this year’s demand. EU exports could be a lot worse.
Dairy Products
Sep 27, 2022

Butter: industry gears up for difficult winter

FRANKFURT/BRUSSELS. With consumers about to spend more time indoors as the weather is switching to autumn the EU dairy industry is closely monitoring the impact of the energy crisis and inflation on milk, cream and butter.
Dairy Products
Aug 25, 2022

Butter: climate and energy crisis spell disaster

FRANKFURT/BRUSSELS. Butter producers are growing increasingly worried over the continuing war in Ukraine, the energy crisis and the persistent drought in Europe.
Dairy Products
Jul 11, 2022

Butter: production dips

FRANKFURT/BRUSSELS. As Europe is suffering from drought, especially in France, Italy and Germany, and the war in Ukraine continues there is little hope that costs will decline. EU butter production has already dipped by nearly 4% between January and April and negotiations are tough.
Dairy Products
May 24, 2022

Butter: expensive gamble

FRANKFURT/BRUSSELS. Consumers are really confronted with a painful surge in prices as recent data shows. EU butter prices, for instance, soared by more than 70% in April as compared with last year. Dairy farmers are also reeling from high production costs. Although leading processors such as Kerry have stepped up support for farmers, the proposed scheme is a gamble at best.
Dairy Products
Apr 26, 2022

Butter: consumers are not impressed

FRANKFURT/BRUSSELS. Consumers have not been deterred by high butter prices in Germany so far after several discounters including Aldi and Lidl raised prices in April. Although average EU butter prices range 70% higher than last year, this has failed to impress exports.
Dairy Products
Apr 4, 2022

Butter: Aldi lifts prices by 30%

FRANKFURT/BRUSSELS. No, discount supermarket chain Aldi did not play an April Fools’ trick on Friday by announcing that consumers in Germany will have to pay 30% more for butter. Trouble is that prices for milk and dairy products are skyrocketing, which is not only driven by inflation in general but also by the war in Ukraine. EU feed and energy costs have surged by 15% in the past four weeks as DG Agri and DG Energy report.
Dairy Products
Jan 28, 2022

Butter: high demand presents challenges

FRANKFURT/BRUSSELS. Milk deliveries still range below normal levels in France and Germany. Prospects are far from encouraging as energy and feed costs continue to rise. This issue presents a problem for butter manufacturers, especially since international demand is high.
Dairy Products
Jan 14, 2022

Butter: highly uncompetitive EU prices

FRANKFURT/BRUSSELS. Although milk deliveries are unusually low in many producing countries, the current market situation does spell some good news for butter manufactures. Prices in Europe are, however, exceptionally high. This has impacted EU exports.
Dairy Products
Dec 9, 2021

Butter: supplies are the issue

FRANKFURT/BRUSSELS. The price hike for butter and other dairy products continues in Europe as buyers are confronted with low supplies. Supplies are, in fact, the issue as milk deliveries dip to their seasonal low. Customers are trying to secure contracts that run until well beyond the next six months.
Dairy Products
Nov 4, 2021

Butter: it’s crazy to buy in bulk

FRANKFURT/BRUSSELS. Extortionate prices are taking their toll on the butter market. Prices are least attractive in Europe and EU exports have slumped, especially to Asia and Africa. In Germany it is simply crazy to buy bulk butter at present.
Dairy Products
Oct 7, 2021

Butter: prices approach record levels

FRANKFURT/BRUSSELS. EU average butter prices have hit levels last seen in March 2019. Prices in Germany are also approaching levels last witnessed in the record year 2018. Prospects are, in addition, mixed in the USA.
Dairy Products
Sep 9, 2021

Butter: discounters generate unexpected hype

FRANKFURT/BRUSSELS. While milk deliveries continue their seasonal decline in Germany, dairies are confronted with an unexpected hype for table butter in the discounters. Retail sales are, by contrast, only picking up slowly throughout the USA. Ireland is offering highly competitive prices for butter. Demand has also shifted more towards China in the export market.
Dairy Products
Aug 19, 2021

Butter: market slowly revives

FRANKFURT/BRUSSELS. It is still quiet on the butter market due to the holiday season, but market players report that activities are slowling picking up again. Contracts are already being concluded for the Q1 of 2022.
Dairy Products
Feb 11, 2021

Butter: prices drift further apart

FRANKFURT/BRUSSELS. Prices in the international butter market are drifting further apart as the EU and Oceania scramble to keep up with highly competitive US prices. Prices throughout the EU member states also differ widely. Meanwhile, the cold spell in Germany with Arctic temperatures is having implications for the dairy market.
Dairy Products
Jan 28, 2021

Butter: January remains strong

FRANKFURT/BRUSSELS. Although export demand is strong, EU butter prices still fail to compete with prices in the US. Average EU butter prices, nevertheless, range 5% lower than last year. Germany has witnessed a recent hike in demand.
Dairy Products
Jan 15, 2021

Butter: unusual start to the year

FRANKFURT/BRUSSELS. Although retail demand for butter has compensated for much throughout Europe in recent months, the start to the new year is not quite normal. In Ireland and Germany it is, for instance, reported that milk prices are firmer than usual. Exporters in the UK are, meanwhile, struggling with post-Brexit paperwork.
Dairy Products
Dec 3, 2020

Butter: EU prices to become more competitive

FRANKFURT/BRUSSELS. Market players in Europe are highly excited about recent price developments in New Zealand. Although the run-on supermarkets failed to drive up turnovers in line with expectations, butter is a noted exception in the EU. Global production estimates are highly encouraging for 2020.
Dairy Products
Nov 25, 2020

Butter: market proves more resilient this time round

FRANKFURT/BRUSSELS. Although it looks as though tougher lockdown measures will be implemented in Germany, the bulk butter market is evidently learning how to deal with the pandemic. The second coronavirus wave continues to have a strong hold on Europe with implications for the butter market.
Dairy Products
Nov 5, 2020

Butter: run on supermarkets

FRANKFURT/BRUSSELS. Retail demand for butter is currently exceeding expectations in Germany. Consumers have started baking for Christmas, while the country has entered a lockdown light. The situation is, however, different for bulk butter.
Dairy Products
Oct 29, 2020

Butter: EU in crisis mode

FRANKFURT/BRUSSELS. Europe is in crisis mode as member states are forced to reinstate lockdowns and toughen up measures. Ireland has already imposed a new lockdown; France is about to do so as of Thursday and Germany as of Monday. This situation is largely impacting demand for butter. For Europe it is becoming increasingly difficult to compete in the international market.
Dairy Products
Oct 1, 2020

Butter: EU dairy market recovers surprisingly fast

FRANKFURT/BRUSSELS. The EU notes continued large disruptions for the butter market and for other dairy products as recessions will hit, tensions are escalating over Brexit and the possibility of Donald Trump being re-elected as US president give rise to concerns.
Dairy Products
Aug 27, 2020

Butter: Brexit tensions impact dairy market

FRANKFURT/BRUSSELS. The butter market in Germany is still dealing with the impact of the heatwave in August. EU butter production is up, but prices are not quite as competitive and market players are growing frustrated over the Brexit talks between the UK and EU.
Dairy Products
Jul 16, 2020

Butter: new reality changes consumer behaviour

FRANKFURT/BRUSSELS. While large parts of Europe were struggling with a heatwave last year, things are totally different this summer. Living with the new reality of the pandemic has an enormous impact on butter and dairy consumption.
Dairy Products
May 22, 2020

Butter: bye bye pre-pandemic market

FRANKFURT/BRUSSELS. Although it is generally being reported throughout Europe that dairy prices have bottomed out as restrictions are being eased, traders are anything but optimistic. Eating habits have changed with lasting effects and cheaper offers are not designed to change this. Market players, in other words, discard any illusions that sales volumes will return to pre-pandemic levels.
Dairy Products
May 15, 2020

Butter: demand revives

FRANKFURT/BRUSSELS. With exports resuming and restrictions being eased for the catering sector, demand and prices have revived throughout the EU.
Dairy Products
May 1, 2020

Butter: dairy market voices fierce criticism over EU aid scheme

FRANKFURT/BRUSSELS. Market players have voiced fierce criticism over the EU’s decision to implement the private storage scheme for skimmed milk powder, butter and cheese in to stabilise the market. There is far too much milk in the market.
Dairy Products
Apr 24, 2020

Butter: EU to pay close attention to US competition

FRANKFURT/BRUSSELS. As US butter is trading lower than in the EU market players are urged to pay close attention to international competition. Panic buying has reportedly stopped in Germany. The dairies are, nevertheless, confronted with a shift in demand.
Dairy Products
Apr 13, 2020

Butter: crazy market situation in the EU

FRANKFURT/BRUSSELS. The Covid-19 pandemic has prompted a drastic shift in demand within the EU. Farmers associations in Germany and in Ireland report dual dynamics in the dairy market. Although panic buying has eased somewhat, the market situation is difficult to adjust to.
Dairy Products
Mar 12, 2020

Butter: corona-induced panic buying toxic for industry

FRANKFURT/BRUSSELS. The consumers are stockpiling table butter and other dairy products in Germany. Although the retailers are ordering large volumes, the producers have lost out.
Dairy Products
Feb 21, 2020

Butter: highly competitive prices in the EU

FRANKFURT/BRUSSELS. Germany shipped as much as 4,528 metric tonnes of butter to Saudi Arabia last year. Negotiations within the German market are, however, difficult. The European Commission has reported a drastic rise in exports.
Dairy Products
Feb 5, 2020

Butter: EU prices take a dip

FRANKFURT/BRUSSELS. While buyers have put off purchasing in Germany, the question remains as to how large market supplies really are. Meanwhile, the average EU and UK butter prices have declined notably. UK butter production is up.
Dairy Products
Jan 24, 2020

Butter: buyers caught out cold

FRANKFURT/BRUSSELS. Some buyers have been taken by surprise in Germany. Prices in Poland have taken a dip. In addition, a turnaround has been observed for the average butter prices in the EU.
Dairy Products
Jan 16, 2020

Butter: revival in EU market activities

FRANKFURT/BRUSSELS. Although the weekly EU butter prices range lower, market activities are slowly picking up in Germany and in Poland.
Dairy Products
Dec 5, 2019

Butter: market satisfied with Christmas sales

FRANKFURT/BRUSSELS. Reports in Germany state that milk arrivals have reached their season low. The Milk Producers Association in Bavaria (MVB) reports that the Christmas sales continue at a high level in the retail market. EU butter exports have further improved in September.
Dairy Products
Oct 17, 2019

Butter: US sanctions to have considerable impact

FRANKFURT/BRUSSELS. If the US and the EU fail to meet an agreement, the US will impose a trade tariff of 25% on all EU dairy imports as of 18 October. The impact on the butter market will, however, not only be felt in the EU but also within the US. Market players in Germany are meanwhile relying on the cold-storage supplies.
Dairy Products
Oct 11, 2019

Aldi and Lidl forced to recall discounter milk

ZEVEN/BERLIN. As media in Germany report the Deutsche Milchkontor GmbH and Fude + Serrahn Milchprodukte GmbH & Co. KG have recalled durable semi skimmed milk 1.5%. As the DMK ranks among the largest dairies in Germany and Fude + Serrahn is one of the largest suppliers for milk products the recall concerns several discounters such as Aldi and Lidl…