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Butter: run on supermarkets

November 5, 2020 12:44 PM, Der AUDITOR
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FRANKFURT/BRUSSELS. Retail demand for butter is currently exceeding expectations in Germany. Consumers have started baking for Christmas, while the country has entered a lockdown light. The situation is, however, different for bulk butter.

Concerns over supplies in Germany

Europe’s hospitality sector is hard-hit as member states are introducing stringent measures to curb the surge in coronavirus infections. Partial and regional lockdowns have been implemented in several countries including Ireland, England and France, Spain, Italy and Germany. Since restaurants, bars and cafés have once again been forced to limit sales to takeaways and deliveries, accommodation and leisure facilities have been closed and events cancelled, demand is highly subdued in the sector.

Although market pla

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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.
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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.
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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.
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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.