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Butter: it’s crazy to buy in bulk

November 4, 2021 11:04 AM, Der AUDITOR
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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.

Prices at three-year high in Germany

Low supplies continue to drive up prices in Germany with bulk butter in 25 kg boxes being quoted at EUR 5.25-5.45/kg at the Southern German Butter and Cheese Exchange in Kempten. These are prices last witnessed in September 2018. Manufacturers prefer to use the limited supplies of milkfat to make paket rather than bulk butter. Demand for paket butter ranges lower again after high contract prices generated a temporary rise. Bulk butter supplies are very much limited and trading is largely subdued. Buyers requiring bulk butter have

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