US butter is highly competitive
The European commission recently issued an average EU butter price of EUR 3.54/kg, which is 2% down on last year but 3.3% up on prices observed four weeks ago. Prices are most expensive in Slovakia (EUR 4.86/kg), the Czech Republic (4.38/kg) and Estonia (EUR 3.66/kg) and Germany (EUR 3.66/kg). In France (EUR 3.50/kg), Spain (EUR 3.50/kg) and Poland (EUR 3.41/kg) prices range below the EU average. The cheapest offers are available in Ireland (EUR 3.33/kg) and Italy (EUR 3.30/kg).
While butter is trading higher in the EU and in