More Commodities - Dairy Products

Butter: not quite happy with demand

December 9, 2022 at 11:17 AM, Der AUDITOR
Play report as audio

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

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
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.