More Commodities - Dairy Products

Butter: highly uncompetitive EU prices

January 14, 2022 at 12:30 PM, Der AUDITOR
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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.

Negotiations for bulk butter

As ZMB Dairy World reports milk deliveries continued to catch up in Germany at the end of December, but still ranged around 2.4% lower than last year. The situation is similar in France, where milk deliveries were 2.8% down at the end of December. Good news, however, is that cream supplies have improved over Christmas and New Year and prices have declined in Germany.

As the Southern German Butter and Cheese Exchange in Kempten reports this may partially explain the uptick in demand for bulk butter. Contracts are currently being n

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