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Butter: unusual start to the year

January 15, 2021 12:14 PM, Der AUDITOR
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FRANKFURT/BRUSSELS. Although retail demand for butter has compensated for much throughout Europe in recent months, the start to the new year is not quite normal. In Ireland and Germany it is, for instance, reported that milk prices are firmer than usual. Exporters in the UK are, meanwhile, struggling with post-Brexit paperwork.

UK struggles with post-Brexit paperwork

Cream supplies are lower than usual at this time of the year as the Butter and Cheese Exchange in Kempten in Germany reports. Although trading is more subdued in the bulk butter market, demand is there. Buyers are, however, not yet quite sure when the best time is to conclude contracts. As lower offers are no longer available bulk butter is currently quoted in a range of EUR 3.30-3.40/kg in Kempten.

As the UK’s Agriculture and Horticulture Development Board (AHDB) reports, trading activities have resumed, and spo

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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
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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.
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.