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Butter: discounters generate unexpected hype

September 9, 2021 10:49 AM, Der AUDITOR
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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.

Unreasonably high prices for cream

While the dairies can charge the discounters higher prices for butter in Germany as of September, several supermarket chains have cut their prices for table butter as the Butter and Cheese Exchange in Kempten reports. This has given rise to an unexpected boom in demand in the retail market. Problem, however, is that this has hit the dairies quite unexpectedly. As the prices for cream range very high at 5.50 euro cents depending on the amount of fat it is difficult for them to produce fresh butter. Prices for cream are high as milk

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Dairy Products
Jan 14, 2022
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.
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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.
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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.
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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.