More Commodities - Dairy Products

Butter: strong demand overwhelms manufacturers

November 30, 2023 at 11:00 AM , Der AUDITOR
Play report as audio

KEMPTEN/BRUSSELS. Manufacturers in Germany are overwhelmed by the strong retail demand for butter at the start of the Christmas season. EU exports retained their record strength in September.

Expensive gamble

As the Southern German Butter and Cheese Exchange in Kempten reports the released quantities for retailers are proving a challenge for manufactures. Some are buying cream at high spot market prices that by no means match their turnover for butter. Table butter quotations have risen to EUR 5.80-5.90/kg (USD 6.34-6.45/kg) in Kempten on the back of high demand. Yet, bulk butter quotations range surprisingly firm at EUR 5.60-5.70/kg (USD 6.12-6.23/kg) given that demand is also very strong here. Issue is that prices are not attractive enough to prompt bu

View related articles

Go to the News Overview
Dairy Products
Sep 20, 2024
KEMPTEN/BRUSSELS. Fresh butter is in short supply in Germany. EU quotations have skyrocketed. EU exports are, however, doing quite well.
Dairy Products
Aug 22, 2024
KEMPTEN/BRUSSELS. EU butter prices have surged by more than 50% this year with shocking records reached last week. EU exports to China have risen and the country’s investigation into EU dairy subsidies have caused a bit of a stir.
Dairy Products
Aug 16, 2024
KEMPTEN/BRUSSELS. Bulk butter prices have surged to new highs in Europe.
Dairy Products
Jun 27, 2024
KEMPTEN/BRUSSELS. Demand for butter has improved despite the holiday season starting in Germany. Football is partly to blame for this. EU exports have surged to China.