More Commodities - Dairy Products

Butter: Brexit tensions impact dairy market

August 27, 2020 at 1:51 PM, Der AUDITOR
Play report as audio

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.

Prices remain firm in Germany

The Butter and Cheese Exchange in Kempten reports that demand for cream and fresh products is up as the market is still impacted by the recent heatwave in August. Although this demand situation has driven up the prices for cream, bulk butter prices have plateaued in Germany over the last few weeks since trading is largely subdued. As the summer holidays are starting to end throughout the country, the market should revive soon. Although there are enquiries for shipments later in the season, contracts are not being concluded so far. Priva

View related articles

Go to the News Overview
Dairy Products
Jan 26, 2023
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
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
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
FRANKFURT/BRUSSELS. Butter producers are growing increasingly worried over the continuing war in Ukraine, the energy crisis and the persistent drought in Europe.