More Commodities - Dairy Products

Butter: highly uncompetitive EU prices

January 14, 2022 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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May 24, 2022
FRANKFURT/BRUSSELS. Consumers are really confronted with a painful surge in prices as recent data shows. EU butter prices, for instance, soared by more than 70% in April as compared with last year. Dairy farmers are also reeling from high production costs. Although leading processors such as Kerry have stepped up support for farmers, the proposed scheme is a gamble at best.
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FRANKFURT/BRUSSELS. Consumers have not been deterred by high butter prices in Germany so far after several discounters including Aldi and Lidl raised prices in April. Although average EU butter prices range 70% higher than last year, this has failed to impress exports.
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Apr 4, 2022
FRANKFURT/BRUSSELS. No, discount supermarket chain Aldi did not play an April Fools’ trick on Friday by announcing that consumers in Germany will have to pay 30% more for butter. Trouble is that prices for milk and dairy products are skyrocketing, which is not only driven by inflation in general but also by the war in Ukraine. EU feed and energy costs have surged by 15% in the past four weeks as DG Agri and DG Energy report.
Dairy Products
Jan 28, 2022
FRANKFURT/BRUSSELS. Milk deliveries still range below normal levels in France and Germany. Prospects are far from encouraging as energy and feed costs continue to rise. This issue presents a problem for butter manufacturers, especially since international demand is high.