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Butter: not quite happy with demand

December 9, 2022 at 11:17 AM , Der AUDITOR
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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.

Patience required

As the Southern German Butter and Cheese Exchange in Kempten reports suppliers are relieved that retail demand has finally picked up. Trouble, however, is that consumers are not buying as much as in the pandemic-ridden years 2020 and 2021. Guess is that people are not spending quite as much time indoors as restrictions no longer exist. Quotations for table butter are firm in Kempten at EUR 7.60-7.80/kg (USD 8.00-8.21/kg).

Bulk butter prices have, however, drifted far apart. Processors requiring fresh supplies need to accept prices that rang

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