More Commodities - Dairy Products

Butter: market proves more resilient this time round

November 25, 2020 1:00 PM, Der AUDITOR
Play report as audio

FRANKFURT/BRUSSELS. Although it looks as though tougher lockdown measures will be implemented in Germany, the bulk butter market is evidently learning how to deal with the pandemic. The second coronavirus wave continues to have a strong hold on Europe with implications for the butter market.

Run on supermarkets continues

Although France is preparing to lift lockdown restrictions in the run up to Christmas and the UK will also relax measures over Christmas, bars, restaurants and cafes can only offer takeaways in most countries in Europe, large gatherings are not taking place and travel is restricted. This situation naturally spells disaster for the food service industry. And yet, some trends have been accelerated. Demand for prepared meals consumed at home has, for instance, risen sharply. Unlike during the lockdown in spring, caterers also appear to be

View related articles

Go to the News Overview
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.
Dairy Products
Dec 9, 2021
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.
Dairy Products
Nov 4, 2021
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.
Dairy Products
Oct 7, 2021
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.